Studied by 0 peopleExam A1 calc formulas and basic concepts that might be on the exam.
COST FUNCTION
Variable Cost x Number of Units + Fixed Cost
REVENUE COST
Selling Price x Number of units
PROFIT FUNCTION
Revenue - Cost
BREAK EVEN
Cost= Revenue or Profit=0
What does it mean for f(x) to be differentiable at a point?
The Function is continuous and the derivative exist
What is the relationship between marginal revenue and the slope of the revenue function?
They are the same!
What does marginal profit mean?
Each additional unit produced and sold changes the profit by that much (in dollars)
Average Rate of Change f(x) over interval
Equation Of Line
Quadratic Function
Quadratic Formula
yes
Lef Hand Limit
Derivative
All numbers between -5 and 10
(-5,10)
(-inf,-5) U (10,inf)
Note
Flashcard