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blems (Please show all work and remember to label all graphs!) 1) Marginal Analysis You are the manager of GetMoney Inc and you produce cardboard
blems (Please show all work and remember to label all graphs!) 1) Marginal Analysis You are the manager of GetMoney Inc and you produce cardboard boxes. uppose that you hired a consultant for your company to estimate the demand for your cardboard boxes. You collect data on the price and quantity of boxes sold and send it to your consultant, who then estimates the inverse demand equation as P 10- 1.5Q Suppose that you have a fixed cost of SI and that the variable cost as estimated by your consultant is V(Q) 4Q+ (3/2)Q2 What are the maximum profits that you can earn based upon this information? (Please use graphs to support your answer.) a. b. At the quantity that maximizes revenues, what is the marginal profit? Is it positive, negative, or zero? At this quantity, would you recommend increasing production in order to increase profit? Why or why not. (Please use graphs to support your answer)
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