Homer's Boat Manufacturing cost function is: The marginal cost function is: If Homer can sell all the boats he produces for $1,200, what is his optimal output? Calculate Homer's profit or loss.

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Homer's Boat Manufacturing cost function is:  The marginal cost function is:  If Homer can sell all the boats he produces for $1,200, what is his optimal output? Calculate Homer's profit or loss.

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The Answer of Homer's Boat Manufacturing cost function is:  The marginal cost function is:  If Homer can sell all the boats he produces for $1,200, what is his optimal output? Calculate Homer's profit or loss.

Homer's Boat Manufacturing Cost Function Is: the Marginal Cost