Question: Total cost is C = 8 7 0 0 + 4 . 6 5 q and total revenue is R = 5 . 4 0

Total cost is C=8700+4.65q and total revenue is R=5.40q, both in dollars, where q represents the quantity produced.
(a) What is fixed cost?
The fixed cost is $
(b) What is the marginal cost per item?
The marginal cost is $
(c) What is the price at which this item is sold?
The selling price is $
(d) For what production levels does this company make a profit?
The company makes a profit when production is units.
(e) How much does the company make for each additional unit sold?
The company makes $ for each additional unit sold.
Total cost is C = 8 7 0 0 + 4 . 6 5 q and total

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