Understanding Marginal Cost and Area Approximation

Understanding Marginal Cost and Area Approximation

Assessment

Interactive Video

Mathematics

10th - 12th Grade

Hard

Created by

Liam Anderson

FREE Resource

The video tutorial covers the application of marginal cost in calculating the total cost of manufacturing ribbon using the area under a curve. It explains how to approximate this area using rectangles, setting up the problem, graphing the function, and calculating the area using a graphing calculator. The tutorial concludes with verifying the results and discussing Riemann sums.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of the problem discussed in the video?

To determine the maximum production capacity.

To calculate the profit from selling ribbon.

To approximate the total cost using the area under a curve.

To find the exact cost of manufacturing ribbon.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to set the correct window for the graph?

To avoid using too much memory.

To ensure the graph is colorful.

To accurately view the function and its behavior.

To make the graph look symmetrical.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the width of each rectangle determined?

By using the midpoint of the interval.

By calculating the area under the curve.

By measuring the height of the curve.

By dividing the total interval by the number of rectangles.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What method is used to find the height of each rectangle?

Using the average of the endpoints.

Using the left endpoint of each interval.

Using the midpoint of each interval.

Using the right endpoint of each interval.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total approximate cost of manufacturing 800 yards of ribbon?

$251.75

$249.02

$250.00

$248.50

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it necessary to convert the final cost from cents to dollars?

To make the number smaller.

To avoid using decimals.

To match the standard currency format.

To simplify the calculation.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of using a website tool in the video?

To create a new function.

To verify the manual calculations.

To calculate the exact area under the curve.

To draw a 3D graph.

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