question archive The Total Cost (C) and the Total Revenue (R), in dollars, for the production and sale of q hair dryers are given by: C(q) = 2000 + 5q and R(q) = 40q - 0
Subject:ManagementPrice: Bought3
The Total Cost (C) and the Total Revenue (R), in dollars, for the production and sale of q hair dryers are given by:
C(q) = 2000 + 5q and R(q) = 40q - 0.05q2
Find the interval(s) of quantity q on which the Profit (P) is (i) increasing and (ii) decreasing.