Reference no: EM13953323
Please answer all parts of the following question:
1. NetSell, a the TV remote control supplier for Lumyn Electronics, has a weekly production cost of q TV remote controls that is given by
C(q) = 0.000004q3 - 0.03q2 + 100q + 75,000
where q is in the interval [0, 10,000].
The demand function for this product is given by
p(q) = -0.005q + 200.
Based on this information, find the following:
a) The marginal cost for the company.
b) The marginal revenue for the company.
c) The marginal profit for the company when 2,000 and 7,000 TV remote controls are manufactured.
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: Find the marginal cost for the company and the marginal revenue for the company - The marginal profit for the company when 2,000 and 7,000 TV remote controls are manufactured.
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