Question: Question 18 Let the demand function for a product be given by the function D(q) - -1.5q 210, where q is the quantity of items

Question 18 Let the demand function for a product be given by the function D(q) - -1.5q 210, where q is the quantity of items in demand and D(q) is the price per item, in dollars, that can be charged when q units are sold. Suppose fixed costs of production for this item are $2, 000 and variable costs are $8 per item produced. If 35 items are produced and sold, find the following: A) The total revenue from selling 35 items (to the nearest penny). Answer: S B) The total costs to produce 35 items (to the nearest penny)- Answer: S C) The total profits to produce 35 items (to the nearest penny. Profits may or may not be negative. ). Answer: S

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