NetSell, a the TV remote control supplier for Lumyn
Electronics, has a weekly production cost of q...

Question

NetSell, a the TV remote control supplier for Lumyn
Electronics, has a weekly production cost of q TV remote controls
that is given by
C(q) = 0.000004q3 - 0.03q2 + 100q + 75,000
where q is in the interval [0, 10,000].
The demand function for this product is given by
p(q) = -0.005q + 200.
Based on this information, find the following:
a) The marginal cost for the company.
b) The marginal revenue for the company.
c) The marginal profit for the company when 2,000 and
7,000 TV remote controls are manufactured.

Robert · Accepted Answer

TVcontrolCost.tm
NetSell, a the TV remote control supplier for Lumyn Electronics, has a weekly production cost of
q TV remote controls that is given by C(q)=0.000004q3 ¡0.03q2+100q+75; 000 where q is in the
interval [0, 10,000]. The demand function for this product is given by p(q)=¡0.005q+200.
Based on this information, �nd the following:
a) The marginal cost for the company.
b) The marginal revenue for the company.
c) The marginal pro�t for the company when 2,000 and 7,000 TV remote controls are manufac-
tured.

NetSell, a the TV remote control supplier for Lumyn Electronics, has a weekly production cost of q TV remote controls that is given by C(q) = 0.000004q3 - 0.03q2 + 100q + 75,000 where q is in the...

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