Suppose you sell cups of caffe latte for $3 each. If you sell q cups of latte, the total revenue r
is given by r= 3q. Find the marginal revenue.
The demand D for a product at price x is given by D=35
x– 1 +40. Find d
dx
35
x– 1 + 40 and
discuss what happens at x= 1.
Suppose the position function of an object moving along a number line is given by s=f(t) =
2t2+ 11, where t is in seconds and s is in meters.
(a) Find the average velocity over the interval 3, 3.1 .
(b) Find the velocity when t= 3.
The total cost (in dollars) of producing x portable radios per day is
C(x) = 1000 + 100x–0.5x2. The marginal cost of producing x radios is found by taking the
derivative of C(x). What is the marginal cost of producing x radios?
The weekly output of a certain product is Q(x) = 200x+6x2 where x is the number of
workers. Find the equation of the tangent line to this equation when there are 60 workers.
Let p= 225 –3q2 be the demand function for a manufacturer’s product. Find the rate of
change of price p per unit with respect to quantity q. How fast is the price changing with
respect to q when q= 10? Assume that p is in dollars.
Suppose that the cost C of processing the contaminated water at an industrial site so that
only p percent of the contaminants escape is given by C(p) =750,000 – 7500p
p. Find dC
dp
without using the quotient rule.