Question: Given the Production Level Equation: 2 p 2 , 4 0 0 , 0 0 0 = 2 q 3 4 4 6 q 2

Given the Production Level Equation:

2p2,400,000=2q3446q2800q

Solve for p to determine the price demand function.

Then find the revenue function: R(q)=pq

Then, find the profit function:P(q)=R(q)C(q)

Finally, is there a profit when the production level is p=20?

If so, what is the profit in $?

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