Question: 2. Differentiate the following: a. q(p) = 3e - 2p b. y = In (5p - [2 marks] [4 marks] 4 - c. f'(1)

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2. Differentiate the following: a. q(p) = 3e - 2p b. y = In (5p - [2 marks] [4 marks] 4 - c. f'(1) = (3e 2p) In (5p - p) [4 marks] 3. Given Flow's Total Cost function: TC(x) = 2x-66x + 576x + 1000 Use the first and second derivative principles to determine the level of output (in thousand) at which the firm's cost is minimized. [8 marks]

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