Netsell a the tv remote control supplier for lumyn


Show all work:

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.

Solution Preview :

Prepared by a verified Expert
Mathematics: Netsell a the tv remote control supplier for lumyn
Reference No:- TGS02871516

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)