This preview shows page 1. Sign up to view the full content.
Unformatted text preview: marginal revenue. To find the revenue equation,
use Revenue = Quantity • Price: To get the marginal revenue, find R’(x).
Example 7 involved using the revenue function from example 6 together with a given
cost function to study marginal cost and marginal profit. Chain Rule. The chain rule is the method needed to find the derivative when a function
consists of an inside function and an outside function, ie, where there is an inside expression.
There are different forms of chain rule. One such form is:
We discussed the formula
This formula is the application of the chain rule to powers.
Here are some examples of chain rule:
1.
2. 3. (p. 738, #36) This example used both product rule and chain rule. The assignment for this material is:
p. 717: 51, 52
p. 738: 2147 (odds)...
View
Full
Document
 Fall '13
 Capozzi
 Math

Click to edit the document details