Prof. S. Brick Math 120
Summer ’02 Applied Calculus; Quiz 6 section 11
0. Print your name:
1. Sketch the graph of a function defined for whose first derivative is always negative but
whose second derivative is negative for x < 1 and positive for x > 1.
2. Suppose C(100) = 4500 and MC (100) = 12. Estimate the additional cost of increasing
the production to a level of q= 105.
3. Suppose at the current production level of your business, MC > MR, what should you
do and why ?