Randall Cars repair Factory has the total Cost Function.TC (Q) = 4₁/Q + 26/Q² +30where Q stands for the number of hours of repair, if themarket price For Car repair isper hour, what theOptimal hours of repair that randall will do (round a decimal)$100

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Randall Cars repair Factory has the total Cost Function TC (Q) = 4₁1 Q¹+ 26/Qx+30 where Q stands for the number of hours of repair, if the $100 market price For Car repair is hour, what the Optimal hours of repair that randall will do (round a decimal) per

Randall Cars repair Factory has the total Cost Function TC (Q) = 4₁1 Q¹+ 26/Qx+30 where Q stands for the number of hours of repair, if the $100 market price For Car repair is hour, what the Optimal hours of repair that randall will do (round a decimal) per

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

Randall Cars repair Factory has the total Cost Function.
TC (Q) = 4₁/Q + 26/Q² +30
where Q stands for the number of hours of repair, if the
market price For Car repair is
per hour, what the
Optimal hours of repair that randall will do (round a decimal)
$100

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