(a)
To calculate: The marginal cost function and the rate of increase of cost of Play Station when
(b)
To calculate: The average cost function
(c)
Whether the average cost is rising or falling at a production of
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Chapter 4 Solutions
Applied Calculus
- Decay of Litter Litter such as leaves falls to the forest floor, where the action of insects and bacteria initiates the decay process. Let A be the amount of litter present, in grams per square meter, as a function of time t in years. If the litter falls at a constant rate of L grams per square meter per year, and if it decays at a constant proportional rate of k per year, then the limiting value of A is R=L/k. For this exercise and the next, we suppose that at time t=0, the forest floor is clear of litter. a. If D is the difference between the limiting value and A, so that D=RA, then D is an exponential function of time. Find the initial value of D in terms of R. b. The yearly decay factor for D is ek. Find a formula for D in term of R and k. Reminder:(ab)c=abc. c. Explain why A=RRekt.arrow_forwardbThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.arrow_forwardDoes a Limiting Value Occur? A rocket ship is flying away from Earth at a constant velocity, and it continues on its course indefinitely. Let D(t) denote its distance from Earth after t years of travel. Do you expect that D has a limiting value?arrow_forward
- Functions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage LearningAlgebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning