Find the daily level of production


A manufacturer of tennis rackets finds that the total daily cost in dollars, C(q), of producing q rackets is given by C(q) = 18,000 - 10q + .001q 2. Each racket can be sold at a price p in dollars, given by p = 10 - .004q. If all of the rackets that are manufactured can be sold, find the daily level of production (q) that will maximize profit.

Request for Solution File

Ask an Expert for Answer!!
Business Management: Find the daily level of production
Reference No:- TGS0101912

Expected delivery within 24 Hours