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3. l Practice similar ' l (I (1 point) This problem is based on one in the textbook. The cost function for a product is
3. l Practice similar ' l (I (1 point) This problem is based on one in the textbook. The cost function for a product is C(q) = q3 51q2 + 867g + 890 for 0 S q s 50 and a price per unit of $561. Round your answers to the nearest whole number. a) What production level maximizes profit? q: b) What is the total cost at this production level? cost = $ c) What is the total revenue at this production level? revenue = 35 d) What is the total prot at this production level? prot = 3
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