Understanding Marginal Cost and Integration

Understanding Marginal Cost and Integration

Assessment

Interactive Video

Mathematics, Science

9th - 12th Grade

Hard

Created by

Liam Anderson

FREE Resource

The video tutorial explains how to calculate the total cost of producing the first 49 units using the company's marginal cost function, C'(x) = 8/√x. It begins by introducing the problem and graphically representing the marginal cost function. The tutorial then demonstrates how to use the definite integral of the marginal cost function from 0 to 49 to find the total cost. The integrand is transformed for easier integration, and the antiderivative is calculated. Finally, the integral is evaluated at the limits to determine the total cost, which is $112.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the marginal cost function given in the problem?

C'(x) = 8x^2

C'(x) = 8 / sqrt(x)

C'(x) = 8 + x

C'(x) = 8x

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the horizontal axis represent in the graph of the marginal cost function?

Cost in dollars per unit

Profit

Total cost

Number of units sold

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can the total cost for the first 49 units be determined?

By finding the area under the marginal cost function from 0 to 49

By multiplying cost per unit by 49

By adding the marginal costs of each unit

By calculating the average cost

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of finding the total cost using integration called?

Differentiation

Summation

Integration

Multiplication

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the integrand 8 / sqrt(x) transformed for integration?

8x^2

8x^(-1/2)

8x^(1/2)

8x

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the exponent when 8 / sqrt(x) is moved to the numerator?

It halves

It becomes negative

It doubles

It becomes positive

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the antiderivative of 8x^(-1/2)?

16x^(1/2)

4x^(1/2)

2x^(1/2)

8x^(1/2)

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