Please answer all parts of the following question (you must use Calculus concepts learned and 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 byC(q) = 0.000004q3 - 0.03q2 + 100q + 75,000where q is in the interval [0, 10,000].The demand function for this product is given byp(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.

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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Please answer all parts of the following question (you must use Calculus concepts learned and 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.

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