What is the second derivative of pwith respect

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Reference no: EM132228561

At the Peoria Company, the relationship between profit (p) and output (Q) is as follows:

p= -40  + 40Q  - 5Q2

a. At what value of Q does dp/dQ = 0?  Show your work!

b. What is the second derivative of pwith respect to Q at this value of Q? 

c. Is pminimized or maximized at the value of Q? Explain.

Reference no: EM132228561

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