Question: Assume that a competitive firm has the total cost function: TC=1q 3 40q 2 +890q+1800 TC=1q3-40q2+890q+1800 Suppose the price of the firm's output (sold in

Assume that a competitive firm has the total cost function:

TC=1q

3

40q

2

+890q+1800

TC=1q3-40q2+890q+1800

Suppose the price of the firm's output (sold in integer units) is $600 per unit.

Using tables (but not calculus) to find a solution, what is the total profit at the optimal output level?

Please specify your answer as an integer.

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