EXAM 2 Flashcards
(12 cards)
1
Q
AVG COST FUNCTION COMPLETE FORMULA
A
Cbar(x) = C(x) / x
2
Q
“BAR” MEANS WHAT?
A
AVG
3
Q
AVG COST FUNCTION IS WRITTEN
?bar(x) = C(x) / x
A
C
4
Q
AVG COST FUNCTION IS WRITTEN
C?(x) = C(x) / x
A
bar
5
Q
AVG COST FUNCTION IS WRITTEN
Cbar(x) = ? / x
A
C(x)
6
Q
AVG COST FUNCTION IS WRITTEN
Cbar(x) = C(x) ? x
A
/
7
Q
AVG COST FUNCTION IS WRITTEN
Cbar(x) = C(x) / ?
A
x
8
Q
REVENUE FUNCTION COMPLETE FORMULA
A
R(x) = px
9
Q
REVENUE FUNCTION COMPLETE FORMULA
R(x) = ?x
A
p
10
Q
REVENUE FUNCTION COMPLETE FORMULA
R(x) = p?
A
x
11
Q
IMPLICIT DIFFERENTIATION: 7 STEPS
A
- ANY “xy” TERMS?
- MULTIPLY ALL ( ) BY d / dx
- DERIVE NON y VALUES
- y VALUES: CHAIN RULE “?y^?(dy/dx)”
- ISOLATE ALL NON dy/dx TERMS
- FACTOR OUT dy/dx VALUES
- ISOLATE dy/dx VALUES
12
Q
RELATED RATES: STEPS
A
- FIND dx/dt & dp/dt
- MULTIPLY ALL ( ) BY d / dx (/RESPECT TO TIME)
- PLUG-IN ANY KNOWN QUANTITIES, LEAVING ONLY ONE UNKNOWN
- SOLVE UNKNOWN
