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Unformatted text preview: p = 75. 6. (a) Find the marginal cost when q = 10 given the average cost ¯ c = 0 . 0002 q 4-. 01 q 2 + 6 + 20000 /q . (b) What does your answer mean? 7. Given that marginal cost is dc dq = 0 . 12 q 2-2 . 4 q + 9 and ﬁxed cost are 9700 ﬁnd the total cost when q = 10. 8. Given the demand q = p 2500-p 2 ﬁnd the point elasticity of demand when p = 30. If the price of 30 decreases 4 5 % what is the approximate change in demand? 9. Sketch the graph, this includes ﬁnding the intervals of increase, decrease, concave up, concave down, local extrema and inﬂection points. y = 3 x ( x-2) 2 ....
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This note was uploaded on 01/15/2012 for the course MAT 284 taught by Professor Verchota during the Fall '09 term at Syracuse.
- Fall '09