Sport Tee Corporation manufactures T-shirts bearing the logos of professional football teams.The wholesale market for sport T-shirts is perfectly competitive.The manager forecasts the wholesale price of T-shirts next year to be $7.00.The firm's estimated marginal cost is where Q is the number of T-shirts produced and sold each month.Sport Tee Corporation will have a fixed cost of $2,000 per month.To maximize profit how many T-shirts should be produced and sold each month?
A) 1,000
B) 2,000
C) 3,000
D) 4,000
E) 5,000
Correct Answer:
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