Question: The cost function for Acme Laundry is C ( q ) equals = 5 0 5 0 plus + 4 0 4 0 qplus +

The cost function for Acme Laundry is
C(q)equals=5050plus+4040qplus+nothingq squaredq2,
where q is tons of laundry cleaned. What q should the firm choose so as to maximize its profit if the market price isp?
Part 2
The output level at which thefirm's profit is maximized as a function of p is
qequals=enter your response here.
(Properly format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts.E.g., a fraction can be created with the/ character.)
Part 3
If
pequals=7070,
then Acme Laundry should produce
enter your response here
units. (Enter your response as a wholenumber.)

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