MATH 205 Midterm: MATH 205 KSU Test 3s13 sol

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Use the back pages as a scratch paper. For full credit, show your work in detail. 4. 7: estimate the free market equilibrium price and quantity, estimate the consumer and producer surplus at the market equilibrium. 2: the table below shows the growth of the population (in thousands of inhabitants) of a midwest town since 1950. What was the greatest growth rate: how many people lived in the town at this time, based on your answer in (b) estimate the population capacity of the town, sketch the graph of p (t). On your graph indicate the limiting asymptote and the point of diminishing returns: a company"s marginal cost, in us dollas per gallon, of producing q gallons of avocado juice is given by the graph on the right. The cost to produce 1000 gallons is . Use fundamental theorem of calculus to estimate the production cost of 2000 gallons. A movie theater sells 400 tickets a day at the price .