3) The revenue equation for a certain product is R(x) = x(52 - (1/2)x). Find the value of x that results in the maximum revenue. What is the maximum revenue? 4) Suppose the cost of producing x units of a product is given by C(x) = -0.006x - 0.2x + 90ox - 1200. a) Determine the marginal cost function. b) Determine the marginal cost when x 100 units. 5) Find positive numbers x and y satisfying the equation xy = 12 such that the sum 2x + y is as small as possible (minimum). 6) A rancher has 400 feet of fence for constructing rectangular corrals. See the diagram. One side will be formed by the side of a barn and requires no fence. What dimensions of the corral will maximize the total enclosed area? 7) Suppose the cost function is 2x - 1 and the revenue function is 52x - 0.5X. What is the profit function? (R(x) - C(x) = P(x)) 8) Given the revenue function R(x) = x{(100 + x)/x+ 1)}. Find the marginal revenue function. 9) The cost to mine x tons of coal is given by C(x) = 0.3x +50x + 2500. Write the function that represents the average cost per ton. 10) The amount of material used to construct a certain box is given by A(x) = 2x+ (4000/x), where x is the length of one side of the square base and A is the amount of material. Find the value of x for which the amount of material is minimized.
3) The revenue equation for a certain product is R(x) = x(52 - (1/2)x). Find the value of x that results in the maximum revenue. What is the maximum revenue? 4) Suppose the cost of producing x units of a product is given by C(x) = -0.006x - 0.2x + 90ox - 1200. a) Determine the marginal cost function. b) Determine the marginal cost when x 100 units. 5) Find positive numbers x and y satisfying the equation xy = 12 such that the sum 2x + y is as small as possible (minimum). 6) A rancher has 400 feet of fence for constructing rectangular corrals. See the diagram. One side will be formed by the side of a barn and requires no fence. What dimensions of the corral will maximize the total enclosed area? 7) Suppose the cost function is 2x - 1 and the revenue function is 52x - 0.5X. What is the profit function? (R(x) - C(x) = P(x)) 8) Given the revenue function R(x) = x{(100 + x)/x+ 1)}. Find the marginal revenue function. 9) The cost to mine x tons of coal is given by C(x) = 0.3x +50x + 2500. Write the function that represents the average cost per ton. 10) The amount of material used to construct a certain box is given by A(x) = 2x+ (4000/x), where x is the length of one side of the square base and A is the amount of material. Find the value of x for which the amount of material is minimized.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
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