QUESTION 8 A firms cost function is C(q)= q^2 + 4q +12 and it sells units...

Transcribed Image Text:

QUESTION 8 A firms cost function is C(q)= q^2 + 4q +12 and it sells units at a price of $42 per unit. q denotes the number of units. What is the profit-maximising number of units? Type your answer to the closest whole number. 1 points Save Answer QUESTION 8 A firms cost function is C(q)= q^2 + 4q +12 and it sells units at a price of $42 per unit. q denotes the number of units. What is the profit-maximising number of units? Type your answer to the closest whole number. 1 points Save Answer

Answer rating: 100% (QA)

To find the profitmaximizing number of units we need to determine the quantity q th... View the full answer