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Homer's Boat Manufacturing Cost Function Is: C(q) =

question 48

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Homer's Boat Manufacturing cost function is: C(q) = Homer's Boat Manufacturing cost function is: C(q) =    q<sup>4</sup> + 10,240. The marginal cost function is: MC(q) =    q<sup>3</sup>. If Homer can sell all the boats he produces for $1,200, what is his optimal output? Calculate Homer's profit or loss.
q4 + 10,240. The marginal cost function is: MC(q) = Homer's Boat Manufacturing cost function is: C(q) =    q<sup>4</sup> + 10,240. The marginal cost function is: MC(q) =    q<sup>3</sup>. If Homer can sell all the boats he produces for $1,200, what is his optimal output? Calculate Homer's profit or loss.
q3. If Homer can sell all the boats he produces for $1,200, what is his optimal output? Calculate Homer's profit or loss.


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