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Application of Integration-Exercises

The document consists of four questions related to cost, revenue, and profitability calculations for a firm. It includes determining total costs for producing specific quantities, finding total revenue and demand functions, and analyzing the profitability of an industrial machine over time. Each question requires mathematical analysis based on provided functions and fixed costs.

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ezekiel nyamu
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17 views2 pages

Application of Integration-Exercises

The document consists of four questions related to cost, revenue, and profitability calculations for a firm. It includes determining total costs for producing specific quantities, finding total revenue and demand functions, and analyzing the profitability of an industrial machine over time. Each question requires mathematical analysis based on provided functions and fixed costs.

Uploaded by

ezekiel nyamu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Question 1The marginal cost function of firm is

Find the total cost of producing 100 units if the cost of


producing one unit is Tsh. 500.
Question 2
The additional cost (in Tsh) of producing a motor car is given

by
where x is the quantity produced. Determine the total cost of
producing 5 motor cars if the fixed cost is Tsh 7,000,000. It is
given that

Question 3
If the Marginal revenue function for output x is given by

find the total revenue function and the demand function.


Question 4
Suppose that when an industrial machine is t years old, it
generates revenue at the rate R′(t)=6025−8t2 Ths per year
and results in costs that accumulate at the rate of C′
(t)=4681+13t2 Tsh per year.

 For how many years is the use of the machine


profitable?
 What are the net earnings generated by the machine
during its period of profitability?

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