Suppose a firm assesses its profit function as:
X=profit
X= -10-48Q+15Q^2-Q^3
a.) Compute the firm's profit for the output levels of (Q=2, 8, 14)
b.) Drive an expression for the marginal profit.
c.) Compute marginal profit at Q=2, 8, 14.
d.) Confirm that profit is maximized at Q=8, and not Q=2