Thomas' Calculus 13th Edition

Published by Pearson
ISBN 10: 0-32187-896-5
ISBN 13: 978-0-32187-896-0

Chapter 4: Applications of Derivatives - Section 4.4 - Concavity and Curve Sketching - Exercises 4.4 - Page 214: 100

Answer

On $(0,2)$ and $(5,9)$, marginal revenue increases. On $(2,5)$ and $(9,12)$, marginal revenue decreases.

Work Step by Step

Marginal revenue is defined as $r'(t)=\displaystyle \frac{dy}{dt}.$ $r'(t)$ increases where $r''(t) \gt 0 $ and decreases where $r''(t) \lt 0$ . $r''(t) \gt 0$ happens on intervals whre $r$ is concave up, and $r''(t) \lt 0$ happens on intervals whre $r$ is concave down. We read from the graph approximate inflection points: t=2,5, and 9. On $(0,2)$ and $(5,9)$, the graph is concave up, so marginal revenue increases. On $(2,5)$ and $(9,12)$, the graph is concave down, so marginal revenue decreases.
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