Suppose a company's revenue function is given by R(q) = -q^3 + 350 q^2 and its...

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Suppose a company's revenue function is given by R(q) = -q^3 + 350 q^2 and its cost function is given by C(q) = 380 + 12 q, where q q is hundreds of units sold/produced, while R(q) R(q) and C ( q) C(q) are in total dollars of revenue and cost, respectively. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q) = MP(q) = B) How many items (in hundreds) need to be sold to maximize profits? (Round your answer to two decimal places.) Answer: hundred units must be sold. Suppose a company's revenue function is given by R(q) = -q^3 + 350 q^2 and its cost function is given by C(q) = 380 + 12 q, where q q is hundreds of units sold/produced, while R(q) R(q) and C ( q) C(q) are in total dollars of revenue and cost, respectively. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q) = MP(q) = B) How many items (in hundreds) need to be sold to maximize profits? (Round your answer to two decimal places.) Answer: hundred units must be sold.

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