A tire company can produce a number of Q tires per day at a cost

| November 24, 2016

A tire company can produce a number of Q tires per day at a cost

TC = 500 + 2Q + 0.5 Q² price (P) $ 70, – per tire

a. Express the income (TR) and Profit (π) as a function of Q.

b. How Output (Q) which generates maximum profit and how much profit max

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