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Business Calculus: Derivatives, Marginal Analysis, and Applications Study Guide

Study Guide - Practice Questions

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  • #1 Multiple Choice
    A company manufactures calculators. The cost function is $C(x) = 60{,}000 + 30x$, the revenue function is $R(x) = 20x - \frac{2}{x}$, and the profit function is $P(x) = R(x) - C(x)$. If production is increasing at a rate of 400 calculators per week when production output is 5,000 calculators, what is the rate of increase in profit at this production level?
  • #2 Multiple Choice
    Find the instantaneous velocity function $v(t)$ for an object moving along a line with position $s(t) = 7t^2 - 8t$ (in feet, $t$ in seconds), and determine $v(1)$.
  • #3 Multiple Choice
    Given $y = x^7$, what is $\frac{dy}{dx}$?

Study Guide - Flashcards

Boost memory and lock in key concepts with flashcards created from your notes.

  • Derivatives and Rates of Change
    6 Questions
  • Application of Derivatives in Business
    6 Questions
  • Implicit Differentiation and Related Rates
    5 Questions