please analyze the behavior of cost function and interpret the constant term in the expression of C(q) 3. The "Sad Student" Company finds that it costs a total ofC(q) = 9720 +500q – 1.5q +0.005qDollars to produce q lots of its latest board game named "Calculus Teacher Shooter",each lot consisting of 100 games..

Answered: Image /qna-images/answer/be5dea65-b218-4032-9849-3416f024ed75.jpg

Answered: C(q) = 9720 + 500q – 1.5q² +0.005q…

C(q) = 9720 + 500q – 1.5q² +0.005q Dollars to produce q lots of its latest board game named "Calculus Teacher Shooter", each lot consisting of 100 games.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

please analyze the behavior of cost function and interpret the constant term in the expression of C(q)

3. The "Sad Student" Company finds that it costs a total of
C(q) = 9720 +500q – 1.5q +0.005q
Dollars to produce q lots of its latest board game named "Calculus Teacher Shooter",
each lot consisting of 100 games..

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