MATH 0120 Midterm: Math 0120 Exam 3 (0120) Solutions spring 2013-301

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31 Jan 2019
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S o l u t i o n s: [10 points] a company marginal cost function is m c(x) = 20x3/2 15x2/3 + 1, where x is the number of units, and xed costs are . Solution: c(x) = z m c(x) dx = z (20x3/2 15x2/3 + 1) dx = 20 . = 8x5/2 9x5/3 + x + k. [10 points] use a de nite integral to nd the area under the curve y = f (x) where and x is between 4 and 9. 4 (cid:0)3 2x 1/2(cid:1) dx = (cid:20)3x 2 2x1/2(cid:21)9. = (27 12) (12 8) = 15 4 = 11. [10 points] a colony of bacteria is of size s(t) = 200e0. 4t after t hours. 3. size during the rst 10 hours (that is, from time 0 to time 10). = 50(e4 1: [10 points] find the gini index for the lorenz curve l(x) = x3 (the lorenz curve for u. s. income in 1935).

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