Tesla estimates that its profit expressed in thousands of dollars each month is given by the expression: -6q^2 + 30q + 3210 where q (in thousands) is the number of cars produced and sold in a month. Determine the following: a. If Tesla's cost function is C(q) = 3210, state Tesla's variable cost per car. B.If Tesla wishes to make a profit greater than $2,910,000, calculate and state the interval of value(s) for which this goal can be achieved.

Tesla estimates that its profit expressed in thousands of dollars each month is given by the expression: -6q^2 + 30q + 3210 where q (in thousands) is the number of cars produced and sold in a month. Determine the following: a. If Tesla's cost function is C(q) = 3210, state Tesla's variable cost per car. B.If Tesla wishes to make a profit greater than $2,910,000, calculate and state the interval of value(s) for which this goal can be achieved.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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