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The price-demand and cost functions for the production of microwaves are given as p = 250 - q/40and C(q) = 90000 + 80q,where q is the of micronaves that can be sold at a price of p dollars per unit and C'(q) is the total cont (in dollars) of producing q units.(D) Evaluate the marginal revenue function at q = 1100.R (1100) =(E) Find the profit function in terms of q.P(q) =(F) Evaluate the marginal profit function at q = 1100.P'(1100)

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Answer

Explanation

• Price-demand function

[tex]p=250-\frac{q}{40}[/tex]

• Cost function

[tex]C\left(q\right)=90000+80q[/tex]

q is the of microwaves that can be sold at a price of p dollars per unit.

C'(q) is the total cont (in dollars) of producing q units.

• D)

The marginal revenue function is:

[tex]C^{\prime}(q)=80[/tex]

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