yA (b) Economists study two functions: R(1) and C(r) which are the revenue and cost when r units of a product is sold or made, respectively. The figure shows graphs of the R'(x) and C'(z) R'X) 2+ for a certain manufacturer. Assume that R and C'x) C are measured in thousands of dollars. What does the shaded area in the figure represent? 50 100

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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yA
(b) Economists study two functions: R(1)
and C(x) which are the revenue and cost when
r units of a product is sold or made, respectively.
The figure shows graphs of the R'(r) and C'(r)
for a certain manufacturer. Assume that R and
C are measured in thousands of dollars. What
does the shaded area in the figure represent?
R'x)
2-
C'x)
50
100
Transcribed Image Text:yA (b) Economists study two functions: R(1) and C(x) which are the revenue and cost when r units of a product is sold or made, respectively. The figure shows graphs of the R'(r) and C'(r) for a certain manufacturer. Assume that R and C are measured in thousands of dollars. What does the shaded area in the figure represent? R'x) 2- C'x) 50 100
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