Assignment:
Answer all parts of the following question:
Q1.After an aggressive marketing campaign in the local community, Lumyn Electronics discovered that their cost can now be modeled by the equation: C(n) = 25n2 - 1,500n + 25,000, where n represents the number of TV remote controls sold in a particular month.
a) How many TV remote controls must be sold in a month in order to minimize the company's cost?
b) What is that minimum cost?
Provide complete and step by step solution for the question and show calculations and use formulas.