You will need to use a spreadsheet to tackle these, Microeconomics

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You will need to use a spreadsheet to tackle these

Question: (You will need to use a spreadsheet to tackle these questions.)

1. How much of q can be produced for £60,000 if the total cost function is

TC = 86 + 152q - 12q2 + 0.6q3?

2. What output can be produced for £150,000 if

TC = 130 + 62q - 3.5q2 + 0.15q3?

3. Solve for x when

0 = -1,340 + 14x + 2x2 - 1.5x3 + 0.2x4 + 0.005x5 - 0.0002x6

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