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Unformatted text preview: Mahoney . _ Exam ()3 ly'lGF‘JJIZli‘I k Summer B 2010 7 UF
Name: 1‘66“?  Print your full name and UFID a at the top of the page
c You will have 70 minutes to complete this exam.
 When you receive this exam, tear off this page. You will only turn in this page, unless stated otherwise.
I You may keep your exam. I You may write on any part of your exam. The back two pages may be used as scratch paper.
I Scientific Calculators may used on this 91am. Graphing Calculators and Cell Phones may not.
 You must Sign the honesty statement below.  You may leave when you are done, I Good Luth Honor Statement:
"Ur Irw 410nm. ! nave neither given nor received unauthoriied aid in doing this assignment." Signature: M FilHn The Blank [2 points each] 1 Maﬁa! 7_ Vev Li 5 all», 2. ( l'v’c. I LE, 3_ m f7 6 qu' _
3. ['3 U 5 1' we Jf 9. l? 91‘ V4 a +5 4. C [fl6C NUTy" 10. F:—  )‘(zcl 5 U ' 0 bulk; 11. FCfV'Cf 50% 5, [fl 0" :' E {6} i'itff 12, _ F'EDVWQL(Tff Multiple Choice [3 points each.] @
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® The Free Response Section is an the Backof this Page. Form P, Page 1 of 10 / ‘/ l \ Mahoney Exam EB MGF1107—Summer82010UF
Name: UFlD. _______77ﬁ7
Free Response
4 points each
1. In Mark’s new business venture he rents a tiny kiosk window for $1000 a month from which he sells delicious flavor infused grass juice beverages at $5 a beverage. Mark spends about $3 to make each
delicious grassiuice drink. 3) identify the FixedCosts, Variable Costs, and Per Unit Revenue.
too O 3
[1] Write down the Coat. Revenue, and Profit functions. Costfunction: 2 X r (600 _5__ Fixed Cost: Variable Cost: , Per Unit Revenue: 5X— 6 (:3): .ﬁ (3x +1006)» f 5k5A'W’cioa Revenue Function: Proﬁt Function: cl Find the breakeven point by setting (.00 = R(x) and solving for x. .3 qiooo : 5x
:3: ~§><
loot; reg 500 = *"
M500): 5 590”ij
/ C 5052;42500) d} Graph C(11), ROE), and 13(1). Provide your owl11 ‘F (r (A)
axes. Your graph does not need to be that 3500.1.
accurate but should include all iiiintercepts. the
breakeven point, and the x—intercept ofihe _ x Fad
Profit function. K ’r 2. Recently due to an outbreak of vampires, a local werewolf population begins to double every 2 da 5. If there was onthtn the vampire outbreak began, how many werewolves will there
. be 2 weeks from now? — ‘—.— This is an example of exponential C) LCM é drain— ~b
4
B a 01
Write the exponential function that models this problem: Answerthe question: 6 L1 0
H \l. 5503:}: {but show computational steps} W
Bel l \) 50 llg 6‘40 ll Ni. Form P, Page 2 of 10 [of ; iG6[’i‘ 3 cm: ...
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This note was uploaded on 07/23/2011 for the course MGF 1107 taught by Professor Staff during the Fall '08 term at University of Florida.
 Fall '08
 Staff

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