section4.2_homework_examples_large

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Business Calculus First Application: Marginal Analysis PROBLEM 1 For the cost function, find the marginal cost at the given production level x . State the units of measurement. (All costs are in dollars.) (±) ² ³´µ¶¶¶ · ³¶± ·¸ ¹µººº » ¼ ± ² ³¶¶ PROBLEM 2 Find the marginal cost, marginal revenue, and marginal profit functions. (±) ² ½±¼ ¾(±) ² ¿± À ¶Á¶¶³± Â a) Marginal cost b) Marginal revenue c) Marginal profit d) Find all values of x for which the marginal profit is zero.

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Business Calculus First Application: Marginal Analysis PROBLEM 3 (a) The associated marginal cost is _______. CHECK ONE: increasing, then decreasing decreasing, then increasing always decreasing always increasing (b) The marginal cost is least at approximately___. CHECK ONE: x = 0 x = 50 x = 100 x = 150 (c) The cost of 50 items is _______. CHECK ONE: approximately \$9, and increasing at a rate of about \$1,350 per item approximately \$1,350, and increasing at a rate of about \$9 per
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