22. Suppose that Dent Carr's long-run total cost of repairing s cars per week is c(s):=3s2'+12. If the price he receives for repairing a car is $24, then in the long run, how many cars will he fix per week if he maximizes profits? а. 6 b. 4 С. d. 8 е. 12

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
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22.
Suppose that Dent Carr's long-run total cost of repairing s cars per week is c(s):=3s2:+12. If
the price he receives for repairing a car is $24, then in the long run, how many cars will he fix per week
if he maximizes profits?
а.
6
b.
4
С.
d.
8
е.
12
Transcribed Image Text:22. Suppose that Dent Carr's long-run total cost of repairing s cars per week is c(s):=3s2:+12. If the price he receives for repairing a car is $24, then in the long run, how many cars will he fix per week if he maximizes profits? а. 6 b. 4 С. d. 8 е. 12
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