This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full 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
This note was uploaded on 10/15/2010 for the course MAC mac 2233 taught by Professor Delarosa during the Spring '10 term at Miami Dade College, Miami.
- Spring '10