Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem Set C 1. a) Copy and complete the table below: Original Function y = 503 - 5t (z) = Inz h(x)=-5ex First derivative Second

image text in transcribed
Problem Set C 1. a) Copy and complete the table below: Original Function y = 503 - 5t (z) = Inz h(x)=-5ex First derivative Second Derivative [6 marks] b) After completing the derivatives of the various functions in part 1 a) above, copy and complete the table below stating the name of EACH function that was derived: Original Function Cubic Function Logarithmic Exponential Function Function First derivative Second Derivative [4 marks] ex - 1linx + 340x5 2. Given that w(x) = 7x3 -32e* + 5Inx State the rule and explain three (3) steps that can be applied when differentiating the function w(x). [4 marks] 3. Instagram has a revenue function of R(q) = 5q2 - 10q + 600 and a cost function of C(q) = 3q2 + 200, where R(q) and C(q) are measured in thousands of dollars and q represent the number of companies who advertise on their platform measured in hundreds. Instagram has a capacity to advertise for 10000 companies in any given month on its platform. a) How much will Instagram's marginal cost be for advertising at 74% of its capacity? [2 marks] b) Calculate and interpret Instagram's marginal revenue when 8000 companies advertise with them. [3 marks] c) How many companies must advertise with Instagram so that its maximum profit can be achieved? 13 marks]

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

Concise Pre Algebra Workbook

Authors: Josiah Coates

1st Edition

1724185152, 978-1724185150

More Books

Students also viewed these Mathematics questions