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TOPIC: MANAGERIAL ECONOMICS Assume that B = -Q 2 + 4,500Q and C= 2Q 2 are the benefits and costs of increasing the units of

TOPIC: MANAGERIAL ECONOMICS

Assume that B = -Q² + 4,500Q and C= 2Q² are the benefits and costs of increasing the units of X-brand energy drink (in a 500 ml bottle).

A.What is the profit function of X-brand energy drink production?

B. What is the profit-maximizing value of Q? Solve the problem using a tabular solution, showing theProfit, MB, MC and MNB values; assume Q varies by 50 units (in 500 ml bottle). Highlight the profit maximizing level.

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