question 67 only follows:C(q) =10,000,000+500q+0.04q² &R(q) = 2,500q – 0.01q²%3Da. Using the marginal approach, determine the profit-maximizing level of output q'.b. What is the maximum profit?Optimum & Inflection Points (62-67) - Draw the graphs of the following functions and/orrelations and identify the locations of the optimum and the inflection points using the 1st and the2nd derivatives.62) y = f(x)= / 4x – 10 = (4x–10)½sRelation only-363) y = f(x)=1- xRelation and Function, both64) y = f(x)=(2x-7)*Relation and Function, both65) y = f(x)= /10-4x = (10-–4x)½Relation onlyx²66) y = f(x)=1- x2Relation and Function, both67) y = f(x)=(2x-7)°3.Relation and Function, both68) Cost Minimization - The cost function of purchasing, owning and maintaining inventoryannually for a firm's product is C = f(q)=(4,860/q)+15q +75,000 where C denotes annualinventory cost in dollars, and q equals the number of units of products ordered each time thefirm replenishes the inventory.%3D%Da. Determine the ordo

Name: question 67 only follows:C(q) =10,000,000+500q+0.04q² &R(q) = 2,500q –
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Description: question 67 only follows:C(q) =10,000,000+500q+0.04q² &R(q) = 2,500q – 0.01q²%3Da. Using the marginal approach, determine the profit-maximizing level of output q'.b. What is the maximum profit?Optimum & Inflection Points (62-67) - Draw the graphs of