Understanding Marginal Profit and Area Under the Curve

Understanding Marginal Profit and Area Under the Curve

Assessment

Interactive Video

Mathematics, Business

10th - 12th Grade

Hard

Created by

Lucas Foster

FREE Resource

The video tutorial explains the marginal profit function P'(x) = 20x, where P' is in thousands of dollars and x is in months. It demonstrates how to calculate the area under the graph of this function over the interval from 0 to 3 using both geometric and integral methods. The area represents the profit in thousands of dollars for the first three months, calculated as $90,000. The tutorial also discusses alternative methods for area calculation when geometric formulas are not applicable, such as using rectangles and antiderivatives.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the marginal profit function given in the video?

P'(x) = 10x

P(x) = 10x

P'(x) = 20x

P(x) = 20x

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what units is the marginal profit function expressed?

Thousands of dollars and months

Thousands of dollars and years

Dollars and days

Hundreds of dollars and weeks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What shape is the region under the graph that needs its area calculated?

Square

Triangle

Circle

Rectangle

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the base length of the triangular region under the graph?

5 units

2 units

3 units

4 units

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the height of the triangular region under the graph?

40 units

60 units

30 units

50 units

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the calculated area of the triangular region?

70

90

80

60

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the area of the triangle represent in terms of profit?

$70,000

$80,000

$90,000

$60,000

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