Business
Business, 27.11.2019 21:31, natem725

The total cost (q) of producing goods is given by: =0.βˆ’0.+(q)=0.01q3βˆ’0.6q2+14qwhat is the fixed cost? fixed cost = dollarswhat is the maximum profit if each item is sold for 10 dollars? (assume you sell everything you produce. also note that you can only produce a whole number of goods.)maximum profit = dollarssuppose we fix production at 36 goods produced, and that they all sell when the price is 10 dollars each. also suppose that for each 1 dollar increase in price, 2 fewer goods are sold (so if the price is 11 dollars, 34 of the 36 goods being produced are sold.)to maximize profit in this case, we should ? decrease increase neither increase nor decrease the price by dollars.(enter zero if the price should remain at 10 dollars.)

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The total cost (q) of producing goods is given by: =0.βˆ’0.+(q)=0.01q3βˆ’0.6q2+14qwhat is the fixed co...

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