Business
Business, 06.05.2020 07:18, JamierW2005

The total revenue and total cost functions for manufacturing Items are:

TR(q)=βˆ’5q2+80q and TC(q)=q3βˆ’12q2+60q+60,

where q is measured in hundreds of Items and total revenue and total cost are given in hundreds of dollars.

(a) Determine the quantity at which marginal revenue is 62 dollars per Thing.

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Answers: 2

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Do you know the correct answer?
The total revenue and total cost functions for manufacturing Items are:

TR(q)=βˆ’5q2+80q...

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