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A manufacturer of power supplies estimates that it will incur a total cost of C ( q ) =2400+4 q +0.006 q 2 dollars when
A manufacturer of power supplies estimates that it will incur a total cost of
C(q) =2400+4q+0.006q2
dollars when producingqpower supplies, and it will collect
R(q) =17q0.001q2
dollars in revenue.
(a) Write function for the profitPthe manufacturer can expect after producingqpower supplies.
P(q) =
(b) Find the marginal cost and marginal revenue functions.
marginal cost______________
marginal revenue_____________
(c) How many power supplies should the manufacturer produce in order to maximize profit?
power supplies
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