Rates of Change Michael Freeze MAT 151 UNC Wilmington Summer 2013 - - PowerPoint PPT Presentation

rates of change
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Rates of Change Michael Freeze MAT 151 UNC Wilmington Summer 2013 - - PowerPoint PPT Presentation

Rates of Change Michael Freeze MAT 151 UNC Wilmington Summer 2013 1 / 8 Section 3.3 :: Rates of Change 2 / 8 Marginal Revenue The revenue (in thousands of dollars) from producing x units of an item is R ( x ) = 10 x 0 . 002 x 2 . (a)


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Rates of Change

Michael Freeze

MAT 151 UNC Wilmington

Summer 2013

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Section 3.3 :: Rates of Change

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Marginal Revenue

The revenue (in thousands of dollars) from producing x units of an item is R(x) = 10x − 0.002x2. (a) Find the average rate of change of revenue when production is increased from 1000 to 1001 units.

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Marginal Revenue

The revenue (in thousands of dollars) from producing x units of an item is R(x) = 10x − 0.002x2. (b) Find and interpret the instantaneous rate of change of revenue with respect to the number

  • f items produced when 1000 units are
  • produced. (This number is called the marginal

revenue at x = 1000.)

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Marginal Revenue

The revenue (in thousands of dollars) from producing x units of an item is R(x) = 10x − 0.002x2. (c) Find the additional revenue if production is increased from 1000 to 1001 units.

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Marginal Revenue

The revenue (in thousands of dollars) from producing x units of an item is R(x) = 10x − 0.002x2. (d) Compare your answers for parts a and c. What do you find? How do these answers compare with your answer to part b?

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Flu Epidemic

Epidemiologists in College Station, Texas, estimate that t days after the flu begins to spread in town, the percent of the population infected by the flu is approximated by p(t) = t2 + t for 0 ≤ t ≤ 5. (a) Find the average rate of change of p with respect to t over the interval from 1 to 4 days. (b) Find and interpret the instantaneous rate of change of p with respect to t at t = 3.

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Velocity

The distance of a particle from some fixed point is given by s(t) = t2 + 5t + 2, where t is time measured in seconds. Find the average velocity of the particle over the following intervals. (a) 4 to 6 seconds (b) 4 to 5 seconds (c) Find the instantaneous velocity of the particle when t = 4.

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