The cost of controlling emissions at a firm is given by
C(q) = 5,000 + 100q^2
where q is the...
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Mathematics, 17.11.2020 02:30 Brittany0512
The cost of controlling emissions at a firm is given by
C(q) = 5,000 + 100q^2
where q is the reduction in emissions (in pounds of pollutant per day) and C is the daily cost to the firm (in dollars) of this reduction. Government clean-air subsidies amount to $300 per pound of pollutant removed. How many pounds of pollutant should the firm remove each day in order to minimize net cost (cost minus subsidy)?
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