Dot Image For each carload of ore removed

 For each carload of ore removed from the Matchless Mine, 1 pound of lead and 1 ounce of silver is
smelted. The cost of mining and processing 1 carload of ore is C(Q) = 400 + ZQ + 0.0402. The demand
for silver (per ounce) is Ps = 30 — 0.3005 and the demand for lead (per pound) is P1 = 6 — 0.0201. What
should the owners of the Matchless Mine do to maximize profits (in the long run)? a. Mine and process 47.22 carloads of ore, sell 47.22 ounces of silver, and sell 47.22 pounds
of lead. b. Mine and process 50 carloads of ore, sell 50 ounces of silver, and sell 33.33 pounds of
lead. c. Mine and process 150 carloads of ore, sell 41.18 ounces of silver, and sell 150 pounds of
lead. d. Mine and process 150 carloads of ore, sell 50 ounces of silver, and sell 150 pounds of
lead. e. Shut down the mine.

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