Demand function: P=30-Q/1000

Production function: Q=min(L,K,T/3)

K=10,000

L=$6

T=2

TFC=10,000

What is TVC, TC, MC,

Using MR=MC relationship to maximize profts, find your optimal level of output, price for shirts, input levels and profit?

Find

Q:

P:

L:

K:

T:

pi: