Question 13 1 1 pts for a linear function f x0 fx0

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Question 13 1 / 1 pts For a linear function, f ′′ (x)=0 f″(x)=0. Correct! True False True: The rate of change of a linear function is constant and the rate of change of a constant function is zero. Question 14 1.5 / 1.5 pts
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Let C(q) C(q) represent the cost and R(q) R(q) represent the revenue, in dollars, of producing q q items and let C (70)=26 C′(70)=26 and R (70)=24 R′(70)=24. Choose the statement that best matches this situation. Correct! The cost of producing the 71st item exceeds the revenue it will generate, so producing the 71st item will reduce the total profit. The marginal cost is greater than the marginal revenue when 70 items are produced, so total profit is negative when 70 units are produced. The marginal cost is greater than the marginal revenue when 70 items are produced, so profits are maximized when some quantity less than 70 is produced. The marginal cost is greater than the marginal revenue, so the firm cannot make a profit. The revenue from the 71st item exceeds the cost to produce it, so producing the 71st item will increase the total profit. Since C (70)>R (70) C′(70)>R′(70), the cost to produce the next unit exceeds its revenue, and producing that unit will decrease the total profit. The only data in the problem is about the increased cost and revenue for producing the 71st item. There is no information about whether total profits are maximized or whether total profits must be positive or negative. Quiz Score: 23 out of 25 Previous Next Last Attempt Details:
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Time: 35 minutes Current Score: 23 out of 25 Kept Score: 23 out of 25 2 Attempts so far View Previous Attempts No More Attempts available
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