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6.1.48 - The figure shows graphs of marginal revenue function R'(x) and marginal cost function C'(x)
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Problem 6.1.48 From James Stewart's Single Variable Calculus - Early Transcendentals 7th edition from chapter 6, applications of integration - areas between curves.
Enjoy, and I am available for tutoring and private classes! :)
The figure shows graphs of the marginal revenue function R'(x)
and the marginal cost function C'(x) for a manufacturer. [Recall
from Section 4.7 that R(x) and C(x) represent the revenue and
cost when units are manufactured. Assume that R and C are
measured in thousands of dollars.] What is the meaning of the
area of the shaded region? Use the Midpoint Rule to estimate
the value of this quantity.
Enjoy, and I am available for tutoring and private classes! :)
The figure shows graphs of the marginal revenue function R'(x)
and the marginal cost function C'(x) for a manufacturer. [Recall
from Section 4.7 that R(x) and C(x) represent the revenue and
cost when units are manufactured. Assume that R and C are
measured in thousands of dollars.] What is the meaning of the
area of the shaded region? Use the Midpoint Rule to estimate
the value of this quantity.
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