help quickly please!!!! Let the demand function for a product made in Cleveland is given by the function D(q)where q is the quantity of items in demand and D(q) is the price per item, in dollars, that can be chargedwhen q units are sold. Suppose fixed costs of production for this item are $3, 000 and variable costs are $7per item produced. If 76 items are produced and sold, find the following:- 1.6q + 230,A) The total revenue from selling 76 items (to the nearest penny).Answer: $B) The total costs to produce 76 items (to the nearest penny).Answer: $C) The total profits to produce 76 items (to the nearest penny. Profits may or may not be negative.).Answer: $

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Answered: Let the demand function for a product…

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Calculus

Let the demand function for a product made in Cleveland is given by the function D(q

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.1: Quadratic Functions

Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...

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Question

help quickly please!!!!

Let the demand function for a product made in Cleveland is given by the function D(q)
where q is the quantity of items in demand and D(q) is the price per item, in dollars, that can be charged
when q units are sold. Suppose fixed costs of production for this item are $3, 000 and variable costs are $7
per item produced. If 76 items are produced and sold, find the following:
- 1.6q + 230,
A) The total revenue from selling 76 items (to the nearest penny).
Answer: $
B) The total costs to produce 76 items (to the nearest penny).
Answer: $
C) The total profits to produce 76 items (to the nearest penny. Profits may or may not be negative.).
Answer: $

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