Skip to main content
Back

Business Calculus: Marginal Analysis, Exponential & Logarithmic Functions, and Derivative Applications

Study Guide - Practice Questions

Test your knowledge with practice questions generated from your notes

  • #1 Multiple Choice
    Suppose the total cost to produce $x$ units of a product is given by $C(x) = 10,000 + 150x - 0.2x^2$. Use the marginal cost to approximate the cost of producing the 121st unit.
  • #2 Multiple Choice
    A company’s cost function is $C(x) = 0.0005x^3 - 0.38x^2 + 120x$. Estimate the marginal cost of adding one more passenger when $x = 150$.
  • #3 Multiple Choice
    Given the demand function $p = 50 - \frac{x}{25}$, find the marginal revenue when $x = 10$.

Study Guide - Flashcards

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

  • Marginal Analysis in Business & Economics
    15 Questions
  • Exponential & Logarithmic Functions in Business Calculus
    12 Questions
  • Derivatives: Product, Quotient, and Chain Rules
    9 Questions