"which marketing research process step requires formulating a hypothesis and determining what type of research is most appropriate for testing it? a. designing the research project b. interpreting research finding c. locating and defining issues or problems d. collecting data e. reporting research findings"

In the market for lock washers, a perfectly competitive market, the current equilibrium price is $5 per box. washer king, one of the many producers of washers, has a daily short-run total cost given by tc = 190 + 0.20q + 0.0025q2, where q measures boxes of washers. washer king's corresponding marginal cost is mc = 0.20 + 0.005q. how many boxes of washers should washer king produce per day to maximize profit?