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a.You are the manager of a firm that sells its product in a competitive market at a price of $60. Your firm's cost function is

a.You are the manager of a firm that sells its product in a competitive market at a price of $60. Your firm's cost function is C = 33 + 3Q². What is the profit-maximizing output for your firm?

You are a manager in a perfectly competitive market. The price in your market is $14. Your total cost curve is C(Q) = 10 + 4Q + 0.5Q². What level of profits will you make in the short run?

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