A Company Estimates That Its Marginal Profit for Producing a Product

Multiple Choice

A company estimates that its marginal profit for producing a product is given by $\mathrm { MP } ( q ) = 60 - 0.12 q$ where $\operatorname { MP } ( q )$ is in dollars per unit. Given that $P = - 500$ when $\mathrm { q } = 0$ find the total profit realized from selling 300 units of product.

A) $12,100
B) $7700
C) $6700
D) $4100