Question

if the marginal cost of a firm is MC = 9q^2 + 2q +1 and the...

if the marginal cost of a firm is MC = 9q^2 + 2q +1 and the marginal revenue MR = 60-q. Given that total cost is 3390 when q -10

(a) Derive an expression for total cost

(b) Derive the expression for total revenue

(c) Using the results from (a) and (b) find the total profit function

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