# Calculus

The figure shows graphs of the marginal revenue function R ' and the marginal cost function C ' for a manufacturer. (Recall from Section 4.7 that R(x) and C(x) represent the revenue and cost when x units are manufactured. Assume that R and C are measured in thousands of dollars.)

R'(x) is above C'(x) between x=50 and x=100

Use the Midpoint Rule to estimate the value of this quantity in thousands of dollars.

1. 👍 0
2. 👎 0
3. 👁 198

## Similar Questions

A company has operating costs of \$2000 per thousand items produced. Its revenue function can be modeled by the equation: R(x)=30x/(x+2)² , where x is measured in thousands of items produced, and C and R are measured in thousands

2. ### Calculus

The price-demand and cost functions for the production of microwaves are given as p=235−x40 and C(x)=14000+70x, where x is the number of microwaves that can be sold at a price of p dollars per unit and C(x) is the total cost (in

asked by Anonymous on March 30, 2015
3. ### Calculus

If the derivative can be thought of as a marginal revenue function for x units (in hundreds of items) sold, and the revenue for a company is given by the function. R(x) = 30x^3 - 120x^2 + 500 f or 0 ¡Ü x ¡Ü 100, a. Sketch the

asked by Wiz on April 3, 2013
4. ### Calculus

If the derivative can be thought of as a marginal revenue function for x units (in hundreds of items) sold, and the revenue for a company is given by the function. R(x) = 30x^3 ¨C 120x^2 + 500 f or 0 ¡Ü x ¡Ü 100, a. Sketch

asked by Wiz on April 3, 2013
5. ### Calculus

If the derivative can be thought of as a marginal revenue function for x units (in hundreds of items) sold, and the revenue for a company is given by the function. R(x) = 30x^3 - 120x^2 + 500 for 0 _< x _< 100, a. Sketch the

asked by Wiz on April 3, 2013
6. ### Calculus

If the derivative can be thought of as a marginal revenue function for x units (in hundreds of items) sold, and the revenue for a company is given by the function. R(x) = 30x^3 - 120x^2 + 500 for 0 _< x _< 100, a. Sketch the

asked by Wiz on April 4, 2013
7. ### Calculus

If the derivative can be thought of as a marginal revenue function for x units (in hundreds of items) sold, and the revenue for a company is given by the function. R(x) = 30x^3 ¨C 120x^2 + 500 f or 0 ¡Ü x ¡Ü 100, a. Sketch

asked by Wiz on April 3, 2013
8. ### math

The weekly demand for the Pulsar 25 color LED television is represented by p, where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total cost function associated with manufacturing

asked by Ashley on October 19, 2012
9. ### math

The weekly demand for the Pulsar 25 color LED television is represented by p, where p denotes the wholesale unit price in dollars and x denotes the quantity demanded. The weekly total cost function associated with manufacturing

asked by Samantha on October 19, 2012
10. ### Multivariate Calculus

The marginal cost function is MC(q)=300-10q, where 'q' is the number of tons of coffee produced. Fixed costs are \$1000. The marginal revenue function is MR(q)=500-20q. The value of the profit function P(q) when q=25 is closest to?

asked by Andrey on April 15, 2009

More Similar Questions