Question: Suppose a company's revenue function is given by R(q) = Q3 + 300g2 and its cost function is given by C(q) = 590 + 12g,

Suppose a company's revenue function is given by R(q) = Q3 + 300g2 and its cost function is given by C(q) = 590 + 12g, where q is hundreds of units sold/produced, while R(q) and C(43) are in total dollars of revenue and cost, respectively. A) Find a simplied expression for the marginal profit function. (Be sure to use the proper variable in your answer.) W = [:1 B) How many items (in hundreds) need to be sold to maximize profits? (Round your answer to two decimal places.) Answer: I l hundred units
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