A firm exclusively produces a product with a demand function reverse is
first
75
5
P Q   and the total cost function is 1 14 3 2 C(Q) Q Q 15Q+5.
10 5
  
Where, Q is the output, P is the unit price of the product.
a) (CLO1.3, CLO2.2, CLO4.2) Determine the level of output and selling price to maximize profit.
b) (CLO1.3, CLO2.2, CLO4.2) Calculate and state the significance of the price elasticity of demand and
optimal output.

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x ≥ 18 is your answer

step-by-step explanation:

let "a number" = x

(2/3)x + 17 ≥ 29

isolate the variable (x). do the opposite of pemdas (parenthesis, exponent (& root), multiplication, division, addition, subtraction).

first, subtract 17 from both sides.

(2/3)x + 17 (-17) ≥ 29 (-17)

(2/3)x ≥ 29 - 17

(2/3)x ≥ 12

next, multiply 3/2 to both sides to isolate the x

(3/2)(2/3)x ≥ 12(3/2)

x ≥ 12(3/2)

simplify. multiply, then divide

x ≥ (12 * 3)/2

x ≥ (36)/2

x ≥ 18

x ≥ 18 is your answer

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$650 per month plus utilities

step-by-step explanation:

just based on the info you gave, it would seem more cost effective to rent at $650 per month plus utilities.   if utilities are, in fact, $150 per month, your monthly living costs would be $800 as opposed to the other option of $825.