Question
1. Find the area under the curve below from x = 1 to x = 4. y = 2 x + (2/ x 2 )
1. Find the area under the curve below from x = 1 to x = 4. y = 2x + (2/x2) 2. Find the area between the two curves on [2,6] , y = ex and y = (1/x)
3. A fight promoter sells x tickets and has a marginal-revenue function given by the following.R '(x) = 250x - 490Find the total revenue generated form the sale of ticket 1001 through ticket 1300. (That is, integrate from x = 1000 to x = 1300.) Give your answer correct to the nearest dollar.
4. Find the equilibrium for the given supply and demand functions below. s(x) = x2d , (x) = (x - 3)2
5. Consider the following supply and demand functions, where price is expressed as a function of quantity.S(x) = 2x + 5 D(x) = -3x + 13
(a) Find the equilibrium quantity, xE. (b) Find the equilibrium price, pE. (c) Find the consumer's surplus at the equilibrium point. (d) Find the producer's surplus at the equilibrium point.
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