Order Your Paper From the most reliable Essay writing Service. 



A manufacturer estimates that when q units of a certain
commodity are produced the profit obtained is P(q) thousands
dollars, where P(q)=-2q^2+74q-72. Part 1. Find the average profit
and the marginal profit functions. 2. At what level of production q
(Line on top of q) is average profit equal to marginal profit? 3.
Show that average profit is maximized at the level of production q
(line on top) found in part b.