correct At least one of the answers above is NOT correct. The total cost C(q) of producing q goods is given by: C(q) = 0.01q3 - 0.6q2 + 14q What is the fixed cost? fixed cost = 0 dollars What is the maximum profit if each item is sold for 10 dollars? (Assume you sell everything you produce. Also note that you can only produce a whole number of goods.) maximum profit = 34.72 dollars Suppose we fix production at 36 goods produced, and that they all sell when the price is 10 dollars each. Also suppose that for each 1 dollar increase in price, 2 fewer goods are sold (so if the price is 11 dollars, 34 of the 36 goods being produced are sold.) To maximize profit in this case, we should increase the price by 4 dollars. (Enter zero if the price should remain at 10 dollars.) K