Examlex
Use the method of washers to find the volume of the solid that results when the area of the region enclosed by y = 2x, x = 0, and y = 6 is revolved about x = 3.
Profit-maximizing
The process or strategy of adjusting production and prices to achieve the highest possible profit, taking into account costs and market demand.
Marginal Product
The additional output that results from using one more unit of a particular input, holding all other inputs constant.
Wage
The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee, especially to manual or unskilled workers.
Diminishing Returns
A principle stating that adding an additional factor of production results in smaller increases in output.
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