Question: A rm produces some widgets. Producing q widgets costs C: 5,000 + q3 + M 400:; where A is a positive parameter.The rm wants to

A rm produces some widgets. Producing q widgets costs C: 5,000 + q3 + M 400:; where A is a positive parameter.The rm

wants to minimise its cost and needs to decide how many widgets

A rm produces some widgets. Producing q widgets costs C: 5,000 + q3 + M 400:; where A is a positive parameter.The rm wants to minimise its cost and needs to decide how many widgets to produce, hence q 2 0.

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