Solve H part with ( h1,h2,h3 and h4) I need only handwritien soloution and perfect soloution plz kindly and and solve only in one hour plz H) The lona College intern suggests that the company should increase the number ofsweatshirts it will sell in an order, because they are not maximizing their profits for eachorder.H1) Find the marginal profit at x=75.H2) How does the marginal profit show that the company can continue toincrease its profit?H3) What number of sweatshirts should they make and sell to maximize theprofits?H4) What would the maximum profit be? MyCollege Clothing Company manufactures expensive sweatshirts to sell to collegebookstores in orders of up to 75. MyCollege Clothing has created a cost function tomake x number of sweatshirts...C(x) = 4000 + 0.25x? 0sxs 75MyCollege Clothing finds that in order to sell x sweatshirts, the price per shirt must bep = 150 - 0.5x.A) Graph the cost function. (Be sure to include all key information in the graph.)B) What are MyClothing's fixed costs? Where can these be seen in the graph?C) Find the revenue function and graph it on the same axes as the cost function. (Besure to include all key information in the graph.)D) What is the point(s) of intersection of these two graphs? (Be sure to give and x and ycoordinate.)E) What does the intersection of these two graphs mean in the context of the problem?F) Find the profit function. Graph the profit function in a new set of axes. (Be sure toinclude all key information in the graph.)G) How many sweatshirts should MyCollege Clothing manufacture to make a profit?Where can I find this in the profit function created in F? (Round your answer up to thenearest whole number.)H) The lona College intern suggests that the company should increase the number ofsweatshirts it will sell in an order, because they are not maximizing their profits for eachorder.H1) Find the marginal profit.H2) How does the marginal profit show that the company can continue toincrease its profit?H3) What number of sweatshirts should they make and sell to maximize theprofits?H4) What would the maximum profit be?

Answered: Image /qna-images/answer/2c86bca4-f154-4208-9922-d7bea983b3ad.jpg

H) The lona College intern suggests that the company should increase the number of sweatshirts it will sell in an order, because they are not maximizing their profits for each order. H1) Find the marginal profit at ×3D75. H2) How does the marginal profit show that the company can continue to increase its profit? H3) What number of sweatshirts should they make and sell to maximize the profits? H4) What would the maximum profit be?

H) The lona College intern suggests that the company should increase the number of sweatshirts it will sell in an order, because they are not maximizing their profits for each order. H1) Find the marginal profit at ×3D75. H2) How does the marginal profit show that the company can continue to increase its profit? H3) What number of sweatshirts should they make and sell to maximize the profits? H4) What would the maximum profit be?

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

Solve H part with ( h1,h2,h3 and h4) I need only handwritien soloution and perfect soloution plz kindly and and solve only in one hour plz

H) The lona College intern suggests that the company should increase the number of
sweatshirts it will sell in an order, because they are not maximizing their profits for each
order.
H1) Find the marginal profit at x=75.
H2) How does the marginal profit show that the company can continue to
increase its profit?
H3) What number of sweatshirts should they make and sell to maximize the
profits?
H4) What would the maximum profit be?

MyCollege Clothing Company manufactures expensive sweatshirts to sell to college
bookstores in orders of up to 75. MyCollege Clothing has created a cost function to
make x number of sweatshirts...
C(x) = 4000 + 0.25x? 0sxs 75
MyCollege Clothing finds that in order to sell x sweatshirts, the price per shirt must be
p = 150 - 0.5x.
A) Graph the cost function. (Be sure to include all key information in the graph.)
B) What are MyClothing's fixed costs? Where can these be seen in the graph?
C) Find the revenue function and graph it on the same axes as the cost function. (Be
sure to include all key information in the graph.)
D) What is the point(s) of intersection of these two graphs? (Be sure to give and x and y
coordinate.)
E) What does the intersection of these two graphs mean in the context of the problem?
F) Find the profit function. Graph the profit function in a new set of axes. (Be sure to
include all key information in the graph.)
G) How many sweatshirts should MyCollege Clothing manufacture to make a profit?
Where can I find this in the profit function created in F? (Round your answer up to the
nearest whole number.)
H) The lona College intern suggests that the company should increase the number of
sweatshirts it will sell in an order, because they are not maximizing their profits for each
order.
H1) Find the marginal profit.
H2) How does the marginal profit show that the company can continue to
increase its profit?
H3) What number of sweatshirts should they make and sell to maximize the
profits?
H4) What would the maximum profit be?

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