Question: Please help! 3. (14 points) Suppose that you have been called in to consult for Splash! the award winning kayak maker. Splash! is a price-taker.

Please help!

3. (14 points) Suppose that you have been called in to consult for Splash! the award winning kayak maker. Splash! is a price-taker. However, though price does not depend on quantity it does depend on the dependability of kayaks that splash produces. Specifically: P-4*(D) 2 where D measures the dependability of Splash! kayaks. The Splash! total cost function for kayaks depends on both dependability and quantity in the following way: TC - 9 2(D) 2 3 A. (4 points) Write down an expression for Splash!'s profits in terms of D and

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