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Concept explainers
Marginal Revenue and Profit The Audubon Society at Enormous State University (ESU) is planning its annual fund-raising “Eatathon.” The society will charge students $1.10 per serving of pasta. The society estimates that the total cost of producing x servings of pasta at the event will be
a. Calculate the marginal revenue and profit functions. [HINT: See Example 2.]
b. Compute the revenue and profit, and also the marginal revenue and profit, if you have produced and sold 200 servings of pasta. Interpret the results.
c. For which value of x is the marginal profit zero? Interpret your answer.
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Chapter 11 Solutions
Student Solutions Manual for Waner/Costenoble's Finite Math and Applied Calculus, 7th
- Number 4 plsarrow_forwardGood Day, Would appreciate any assistance with this query. Regards,arrow_forwardThis question builds on an earlier problem. The randomized numbers may have changed, but have your work for the previous problem available to help with this one. A 4-centimeter rod is attached at one end to a point A rotating counterclockwise on a wheel of radius 2 cm. The other end B is free to move back and forth along a horizontal bar that goes through the center of the wheel. At time t=0 the rod is situated as in the diagram at the left below. The wheel rotates counterclockwise at 1.5 rev/sec. At some point, the rod will be tangent to the circle as shown in the third picture. A B A B at some instant, the piston will be tangent to the circle (a) Express the x and y coordinates of point A as functions of t: x= 2 cos(3πt) and y= 2 sin(3t) (b) Write a formula for the slope of the tangent line to the circle at the point A at time t seconds: -cot(3πt) sin(3лt) (c) Express the x-coordinate of the right end of the rod at point B as a function of t: 2 cos(3πt) +411- 4 -2 sin (3лt) (d)…arrow_forward
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