Question

Bob sells batteries for e-bikes. Bob’s short-run cost function for e-bikes is given by C(q) =...

Bob sells batteries for e-bikes. Bob’s short-run cost function for e-bikes is
given by
C(q) = q2 + 25q + 144
a. (10 points) If the market price is $75 per battery, how many batteries will Bob produce?
b. (10 points) What is the price that will provide Bob zero profits?
c. (10 points) If the price is below the level you found in part (b), will Bob shut down? If so,
explain. If not, below what price will she shut down?

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