Question 6. A division of chapman corporation manufacures a pager. The weekly fixed cost for the division is 20,000 dollars and the mariginal cost is MC(q) = 0.08q³+3.6q²+60q dollars per pager. The company realizes a weekly mariginal revenue of MR(q) = 0.28q³+76.2q, 0 < q≤ 75 dollars per pager. Find the level of production that will yield a maximum profit

Question 6. A division of chapman corporation manufacures a pager. The weekly fixed cost for the division is 20,000 dollars and the mariginal cost is MC(q) = 0.08q³+3.6q²+60q dollars per pager. The company realizes a weekly mariginal revenue of MR(q) = 0.28q³+76.2q, 0 < q≤ 75 dollars per pager. Find the level of production that will yield a maximum profit

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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