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?

Question

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?

Quizplus · Accepted Answer

The Answer of 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?

Sport Tee Corporation Manufactures T-Shirts Bearing the Logos of Professional