Microsoft_Word_-_3.4_part_2_ex_3

# Microsoft_Word_-_3.4_part_2_ex_3 - units can be sold at a...

This preview shows pages 1–2. Sign up to view the full content.

MAC 2233 Applications, Continued Section 3.4, 3.5 Practice Exercises 3. A manufacturer estimates that when q thousand units of a particular commodity are produced each month, the total cost will be C(q) = 0.4q 2 + 3q + 40 thousand dollars, and all q

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: units can be sold at a price of p(q) = 22.2 – 1.2q dollars per unit. a. Determine the level of production that results in maximum profit. What is the maximum profit? b. At what level of production is the average cost per unit minimized?...
View Full Document

{[ snackBarMessage ]}

### Page1 / 2

Microsoft_Word_-_3.4_part_2_ex_3 - units can be sold at a...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online