Thanks to visit codestin.com
Credit goes to www.scribd.com

Scribd
Upload
8 views1 page

Integration Class Practice - Partial

The document outlines various integration problems related to finding areas under curves, areas between curves, and calculating consumers' and producers' surplus. It includes specific functions for nuclear energy generation, repair costs, revenue and cost for a company, and supply and demand for oat bran. Each problem requires applying integration techniques to derive meaningful economic insights.

Uploaded by

trouserhouse2002
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
8 views1 page

Integration Class Practice - Partial

The document outlines various integration problems related to finding areas under curves, areas between curves, and calculating consumers' and producers' surplus. It includes specific functions for nuclear energy generation, repair costs, revenue and cost for a company, and supply and demand for oat bran. Each problem requires applying integration techniques to derive meaningful economic insights.

Uploaded by

trouserhouse2002
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Integration - Class Practice

Area under a curve:


1. Find the area between the x -axis and the graph f(x) = 0.5x2 - 4x from x = 2 to x = 8.
2. The rate of nuclear energy generation in the United States (in billion kilowatt hours per year) is
approximated by f(x) =-0.49x2 + 9.4x + 755, where x = 0 corresponds to the year 2000. How much nuclear
energy was generated between the beginning of 2000 and the beginning of 2010?
3. When you buy a used car, you may be offered the opportunity to buy a warranty that covers repair costs
for a certain period. A company that provides such warranties uses current data and past experience to
determine that the annual rate of repair costs for a particular model is given in year x by R(x) = 120e0.4x.
What will the total repair costs be for one year and for three years?

Area between two curves:


1. The rate at which revenue is generated from sales (in millions of dollars per year) for General Mills, Inc.,
can be approximated by f(x) = 796x + 7010, where x = 0 corresponds to the year 2000. The rate at which
costs are incurred (in millions of dollars per year) can be approximated by g(x) = -36x2 + 1034x + 2620.
Find the total profit earned between x = 0 and x = 13.
2. A manufacturer produces a fabric similar to nylon. The product has been selling well, with a marginal
revenue (in hundreds of dollars per hundred bolts) given by R′(x) = -0.3x2 + 9x + 11, where x is measured
in hundreds of bolts of fabric. The marginal cost (in hundreds of dol lars per hundred bolts) is given by
C′(x) = 2x + 6.
a) To maximize profit, how many bolts should the company produce?
b) What will the profit be on 2400 bolts?

Consumers’ and producers’ surplus:


1. Suppose the price (in dollars per ton) for oat bran is D(q) = 900 - 20q - q2 when the demand for the product
is q tons. Also, suppose the function S(q) = q2 + 10q gives the price (in dollars per ton) when the supply
is q tons. Find the consumers’ surplus and the producers’ surplus.

You might also like