Practice
Problems
for
Exam
#2
1) R(x)
=
625'lI
lx-I5x3
Represents
tlte revenue
for
the
sale
ofx
units
of
a
given
item
and
C(x)
:
(t/4)x4
-63ox2
-99ox+700
represents
the
total
cost
of
production
of x
units.
a)
Find
the
profit,
p(x),
when
x
units
of that
item
are
sold in
simplest
form.
b)
Compute
P'(x)
,
C'(x)
and
p,,(x)
P'(x)
=
P"(x)
=
c'(x):
c)
Find
the marginal
profit
atpl2
d) Find
the
marginal
cost
at:rl2
2)
The
revenue
function
for
a
given
firm
is
R(x)
=
7a09(.x_5)
r.
Find
the rate
of
change
*'+
9
of R
with
respect
to
x
at :r
?