Prof. S. Brick Math 120
Summer ’02 Applied Calculus; Quiz 14 section 11
0. Print your name:
1. Find the average value of y=x1/2over [1,4]. Sketch a graph representing it.
2. Indicate graphically the equilibrium price and the consumer and producer surpluses there,
given that the demand and supply curves are given by the graph. Be sure to label the axes
and each of the curves:
3. Set up an integral for the present value of an income stream of a constant Sdollars per
year for 5 years, assuming a continuous annual growth rate of 7%. Do not compute the
integral.