Question: Beta Laundry's cost function is C(q) =70 + 26q + q. What quantity maximizes the firm's profit if the market price is p? The quantity


Beta Laundry's cost function is C(q) =70 + 26q + q. What quantity maximizes the firm's profit if the market price is p? The quantity that maximizes the firm's profit (as a function of p) is q = 0.5p - 13 (enter equation) How much does it produce if p = $42? The firm produces q = units. (Enter your response as a whole number.)
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