Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In problem #14, find the Derivative of each expression. Use correct notation for each Derivative! NOTE: Algebraic simplification of each Derivative result is NOT required.

In problem #14, find the Derivative of each expression. Use correct notation for each Derivative! NOTE: Algebraic simplification of each Derivative result is NOT required. Then do each part of problem #5, an application of derivatives for Marginal Analysis.

1) y = (3x1.5 - 1.5x2 ) ( 12x3 + 135)

2) y = (6t4 - 3t2.5 + 800) (t3.5 + 25t-2)

3) f (t) = 11t3 - 8t1.5 /4t2.2 + 13

4) f(x) = 41x0.7 - 100x1.4 / 3600 + 8x2.5

Answer all parts of Problem #5 below. Show all work! (Refer to Module #4 for Examples and terminology.) 5) A local company makes and sells cabinet hinges for modular homes. Selling price "p" per hinge is related to weekly demand "X" by the relation: p = 12 - 0.002x ("p" measured in dollars). The company's total cost per week is given by: C(x) = 4.25X + 3250

a) Find the expression for the company's Revenue function.

b) Find the expression for the company's Marginal Revenue.

c) Find the Incremental Revenue associated with the 1801st hinge that is made and sold in a week. (Solve to the nearest penny.)

d) Find the expression for the company's Profit function.

e) Find the expression for the company's Marginal Profit.

f) Find the Incremental Profit associated with the 1000th hinge that is made and sold in a week. (Solve to the nearest penny)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Several Real Variables

Authors: Shmuel Kantorovitz

1st Edition

3319279564, 9783319279565

More Books

Students also viewed these Mathematics questions

Question

Define exchange rate risk and political risk.

Answered: 1 week ago

Question

=+b) State the hypotheses.

Answered: 1 week ago