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1. Solve the quadratic equation below working with both factorization as well as the quadratic formula. 6x2 + 18x - 60 = 0 2. What
1. Solve the quadratic equation below working with both factorization as well as the quadratic formula. 6x2 + 18x - 60 = 0 2. What is the slope of y = 3x0.5 + 20x when x=10? 3. Given the demand function is q = (900 - 2p)0.5 What is the point elasticity of demand when quantity is 30? (hint: you should write p as a function of q and then take the derivative. Then use the elasticity formula.) 4. Derive the TR and MR functions if q = 300 - 0.5P. 5. If TC = 12q3 - 12q2 + 32q + 32 find the MC function. 6. If a firm faces TR and TC functions below at what output profit is Maximum TR = 300q - 2q2 TC = 12q3 - 44q2 + 60q + 30
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