
9)
The
revenue function
for
a
given
firm
is
R(x)
=
339x7.
How fast
is
the revenue
changing
at
a
production
level
of x:5.
7x-T
l0) Five
thousand
dollars
is deposited
in
a bank
at3% interest
compounded
continuously,
Find
the
average
value of
the
money
over
the
first
5
years.
(nearest
doltar)
11)
Find
the
producers'
surplus
for
the
following
supply
curve: p
=
(3x-14)2
,
where
xo=B
and
po:I00.
(2
decimal places)
12)
Amanufacturer'smarginalprofitisTr':-5x2
+150x+l55.Findtheprofitneamedby
increasing production
from
three
trnits
to
five units.