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Can you help me with Question 3? To produce q crayons with least amount of total labor, how much labor is used in each location?

Can you help me with Question 3?

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To produce q crayons with least amount of total labor, how much labor is used in each location? 3. John's Lawn Mowing Service is a small business that acts as a price-taker (i.e., MR = P). The prevailing market price of lawn mowing is $20 per acre. John's costs are given by total cost = 0.1q2 + 10q +50, where q is the number of acres John chooses to cut a day, (a) How many acres should John choose to cut to maximize profit. (b) Calculate John's maximum daily profit. 4. Market price for caviar depends on weather: $30 per pound under good weather and $20 per pound under bad weather. A small caviar producer has a cost function given by C = 0.5q +5q+100, where q is the weekly caviar production. Production decision must be made before the weather is known, but it is known that good and bad weather each occur with a probability of 0.5. (a) How much caviar should this firm produce if it wishes to maximize the expected value of its profits

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