Given cost and revenue functions C(q) = q cubed -9q squared +55q +5000 and R(q) = -3q squared + 2500q, what cost is incurred when marginal profit is 0 ?  The costs are $_____  Round to the nearest cent.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
icon
Related questions
Question
100%

Given cost and revenue functions C(q) = q cubed -9q squared +55q +5000 and R(q) = -3q squared + 2500q, what cost is incurred when marginal profit is 0 ?  The costs are $_____  Round to the nearest cent.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Area
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning