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    Tutorial

    Category :Math/Stat Homework

    Posted By:AccountingExpert

    Price Offered : $10

    Posting Date : 2014/06/29 00:21

    Due Date : 2014/06/30 12:00

    Answered (1 time)



    QSO 510
    Quantitative Analysis

    Differential Calculus
    HW Set 6
    Name ___________________________________

    Note:
    • This homework is to be done individually.
    • Before doing this assignment, work on the practice problems.
    • Word-process formulas using Equation Editor and diagrams using Drawing Tool.
    • Word-process your assignment within this template. Do not create a new file. If you
    do any work in Excel, copy and paste it into this document.
    • Include ALL steps. Incomplete solutions will receive partial credit.

    Problem 1.
    Given,
    a) Use the Leibniz’s way to find derivative of the function.
    b) Find the value of the derivative at .
    Word-process your solution below.

    QSO 510
    Quantitative Analysis

    Differential Calculus
    HW Set 6

    Problem 2
    Assume that a demand equation is given by . Find the marginal Revue for the given
    production levels (values of ). (Hint: Use the demand equation to express as a function
    of , and replace in the revenue function )
    a) 1000 units
    b) 2500 units
    c) 3000 units
    Word-process your solution below.

    QSO 510
    Quantitative Analysis

    Differential Calculus
    HW Set 6

    Problem 3
    The revenue and cost functions for producing and selling quantity for a certain
    production facility are given below.

    a) Determine the profit function .
    b) Use Excel to graph the functions and for the interval . Copy and paste the graph
    below. (Hint: Use Scatter plot with smooth lines and markers.)
    c) Compute the break-even quantities.
    d) Determine the marginal revenue .
    e) Determine the marginal cost
    f) At what quantity is the profit maximized?
    Word-process your solution below.

    Answer
    Submitted by AccountingExpert on 2014/06/29 00:22
    teacher rated 211 times
    Purchased: 1 times

    Price: $10.00

     

    QSO510 HomeWork 6 100% Correct Detailed Tutorial Top Level solution A+++Solution Guide




    ---- file 1.docx preview (354 words)---

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