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Suppose that you can sell as much of a product ( in integer units ) as you like at $ 7 4 per unit. Your

Suppose that you can sell as much of a product (in integer units) as you like at $74 per unit. Your marginal cost
(MC) for producing the qth unit is given by:
MC=8q
This means that each unit costs more to produce than the previous one (e.g., the first unit costs 8**1, the second
unit (by itself) costs 8**2, etc.).
If fixed costs are $450, what is the optimal integer output level?
Please specify your answer as an integer.
If fixed costs are $450, what is the profit at the optimal integer output
Please specify your answer as an integer.
If fixed costs are $525, what is the optimal integer output level?
Please specify your answer as an integer.
If fixed costs are $525, what is the profit at the optimal integer output level?
Please specify your answer as an integer.
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