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Find the Quantity Q Which Maximizes Profit If the Total R(q)=8q0.02q2R(q)=8 q-0.02 q^{2}

Question 67

Short Answer

Find the quantity q which maximizes profit if the total revenue, R(q), and the total cost, C(q), are given in dollars by R(q)=8q0.02q2R(q)=8 q-0.02 q^{2} C(q)=300+1.9qC(q)=300+1.9 q , where 0q6000 \leq q \leq 600 units.
Round to the nearest whole number.

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