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The total cost C(q) of producing q goods is given by: C(q)=0.01q30.6q2+12q What is the fixed cost? fixedcost=dollars What is the maximum profit if each

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The total cost C(q) of producing q goods is given by: C(q)=0.01q30.6q2+12q What is the fixed cost? fixedcost=dollars What is the maximum profit if each item is sold for 10 dollars? (Assume you self everything you produce. Also note that you can only produce a whole number of goods.) maximum proft = dollars Suppose we fix production at 38 goods produced, and that they all sell when the price is 10 dollars each. Also suppose that for each 1 dollar increase in price, 1 fewer goods are sold (so if the price is 11 dollars, 37 of the 38 poods being produced are sold.) To maximize prolit in this case, we should the price by dollars. (Enter zero if the price should remain at 10 dollars.)

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