Use the information below to answer following four questions.

In the following demand and cost functions P is selling price and Q is quantity in the thousands:

P $=202$Q

TC $=$ Q$2+8$Q $-15$

Find the output at which profit is maximized.

Question $11$Answer

a$.$

$2,000$

b$.$

$3,000$

c$.$

$1,600$

d$.$

$2,400$