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Applied Calculus
Quiz 3: Differentiation
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Question 141
Multiple Choice
The management of Acrosonic plans to market the ElectroStat, an electrostatic speaker system. The marketing department has determined that the demand for these speakers is
, where p denotes the speaker's unit price (in dollars) and x denotes the quantity demanded. Acrosonic's production department estimates that the total cost (in dollars) incurred in manufacturing x ElectroStat speaker systems in the first year of production will be
. Find the profit function P and select the graph of the profit function.
Question 142
Multiple Choice
Williams Commuter Air Service realizes a monthly revenue of
dollars when the price charged per passenger is x dollars. Find the marginal revenue
.
Question 143
Multiple Choice
The total weekly cost (in dollars) incurred by a company in pressing x compact discs is
. What is the marginal cost when
and
?
Question 144
Multiple Choice
Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is
dollars/year. Find the average cost function C. Find the marginal average cost function
.
Question 145
Multiple Choice
Acrosonic's production department estimates that the total cost (in dollars) incurred in manufacturing x ElectroStat speaker systems in the first year of production will be
. The demand equation is
. Select the graph of the profit function.
Question 146
Multiple Choice
The proprietor of the Showplace, a video store, has estimated that the rental price p (in dollars) of prerecorded video discs is related to the quantity x rented/day by the demand equation
Currently, the rental price is $2/disc. Is the demand elastic or inelastic at this rental price? If the rental price is increased, will the revenue increase or decrease?
Question 147
Essay
During the construction of an office building, a hammer is accidentally dropped from a height of 16 ft. The distance the hammer falls in t sec is
. What is the hammer's velocity when it strikes the ground? What is its acceleration? The velocity is __________ ft per second. The acceleration is __________ ft per second in the second power.
Question 148
Multiple Choice
The weekly total cost function associated with manufacturing the Pulsar 25 color console television is given by
. What is the marginal average cost function
?
Question 149
Multiple Choice
Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is
dollars/year. Find the marginal average cost function
.
Question 150
Multiple Choice
The management of ThermoMaster Company, whose Mexican subsidiary manufactures an indoor-outdoor thermometer, has estimated that the total weekly cost (in dollars) for producing x thermometers is
dollars/year. Find the average cost function C.
Question 151
Multiple Choice
The consumption function of the U.S. economy from 1929 to 1941 is
, where
is the personal consumption expenditure and
is the personal income, both measured in billions of dollars. Find the rate of change of consumption with respect to income,
. This quantity is called the marginal propensity to consume.
Question 152
Multiple Choice
A division of Ditton Industries manufactures the Futura model microwave oven. The daily cost (in dollars) of producing these microwave ovens is
where x stands for the number of units produced. What is the actual cost incurred in manufacturing the 301
st
oven and the marginal cost when
?
Question 153
Multiple Choice
The demand equation for the Roland portable hair dryer is given by
, where x (measured in units of a hundred) is the quantity demanded per week and p is the unit price in dollars. When is the demand unitary? (Hint: Solve
for p) .
Question 154
Essay
The number of persons aged 18-64 receiving disability benefits through Social Security, the Supplemental Security income, or both, from 1990 through 2000 is approximated by the function
where
is measured in units of a million and t is measured in years, with t = 0 corresponding to the beginning of 1990. Compute
. Round the answers to the nearest thousandth.
__________ million
__________ million per year
__________ million per year in the second power
Question 155
Essay
Find the third derivative of the function.