The figure shows graphs of the marginal revenue function R' and the marginal cost function C" for a manufacturer. [Recall from Section 4.7 that R (x) and C (x) represent the revenue and cost when * units are manufactured. Assume that R and Care measured in thousands of dollars.] What is the meaning of the area of the shaded region? Use the Midpoint Rule to estimate the value of this quantity.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter5: Graphs And The Derivative
Section5.CR: Chapter 5 Review
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62. The figure shows graphs of the marginal revenue function R' and the marginal cost function C" for
a manufacturer. [Recall from Section 4.7 that R(+) and C(z) represent the revenue and cost when
units are manufactured. Assume that R and Care measured in thousands of dollars.] What is the
meaning of the area of the shaded region? Use the Midpoint Rule to estimate the value of this
quantity.
3+
2 +
1
0
R'(x)
Cur)
50
100
1
Transcribed Image Text:62. The figure shows graphs of the marginal revenue function R' and the marginal cost function C" for a manufacturer. [Recall from Section 4.7 that R(+) and C(z) represent the revenue and cost when units are manufactured. Assume that R and Care measured in thousands of dollars.] What is the meaning of the area of the shaded region? Use the Midpoint Rule to estimate the value of this quantity. 3+ 2 + 1 0 R'(x) Cur) 50 100 1
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