MATH 205 Midterm: MATH 205 KSU Test 1f07
15 Feb 2019
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Please read the problems carefully and do all you are asked to do. You can use the back page as a scratch paper. Total/100 #1 #2 #3 #4 #5 #6 #7 #8. An appliance company that makes a brand of washing machines has monthly xed costs of , 000 and variable costs of per washer. The company sells the washers for each. (a)(7 points). Find a formula for the monthly pro t as a function of q, the number of washers pro- duced monthly. (b)(6 points). Find the break even point and use one sentence to explain the economic signi cance of your result. A , 000 new bought car depreciates linearly down to a value of , 000 in 10 years. (a)(7 points). Find a formula for its value v as a function of time t, number of years since its initial purchase. (b)(5 points).
