HW Assignment 7

Dr. Ward March 29, 2012

All graphs are on Maple. 1. Section 3.4, No. 8 Find the absolute extrema of the function on the indicated interval. ] [ t2 1 f (t) = I = 2, t1 2

f (t) =

(t 1)(2t) t2 (1) (t 1)2 2t2 2t t2 = (t 1)2 t(t 2) ) = (t 1)2

f (t) = 0 when t = 0, 2

Since neither critical values are on the interval, we need only test the endpoints. ( ) 4 1 1 f (2) = the absolute minimum. f = the absolute maximum. 3 2 6 2. Section 3.3, No. 17 Given p(q) and C(q), the price and cost functions at which q units of a commodity can be sold, nd the revenue and prot functions, nd the marginal revenue and marginal cost, R (q) and (C (q), and nd the level of production where prot is maximized. 1 p(q) = 49 q C(q) = q 2 + 4q + 200 8 R(q) = q p(q) = 49q q 2 9 P (q) = R(q) C(q) = q 2 + 45q 200 8 R (q) = 49 2q 1 C (q) = q + 4 4 R (q) = C (q) q = 20, where prot is maximized. 3. Section 3.3, No. 19 (Same directions as 3.3 No. 17 p(q) = 180 2q, 1 C(q) = q 3 + 5q + 162

R(q) = q p(q) = 180q 2q 2 P (q) = R(q) C(q) = q 3 2q 2 + 175q 162 R (q) = 180 4q C (q) = 3q 2 + 5 R (q) = C (q) q = 7, where prot is maximized. 4. Section 3.3, No. 25 Compute the elasticity of demand for the given demand function and determine level of elasticity at the given price. q = D(p) = 200 p2 , p = 10

dq = 2p dp p dq E(p) = q dp p 2p2 = (2p) = 200 p2 200 p2 2(10)2 E(10) = = 2 200 (10)2 |E(10)| = 2 > 1, so the demand is elastic. 5. Section 3.3, No. 28 Compute the elasticity of demand for the given demand function and determine level of elasticity at the given price. q = D(p) = 2, 000 , p2 p=5

dq 4, 000 = dp p3 p dq E(p) = q dp p 4, 000 = 2,000 p3 p2 p3 4, 000 = 2 2, 000 p3 E(5) = 2 |E(5)| = 2 > 1, so the demand is elastic (at any price). = 6. Section 3.3, No. 29 For what value x in the interval [1, 4] is the graph of the function 1 f (x) = 2x2 x3 3 steepest? What is the slope of the tangent line at this point? The question is really asking us to nd the maximum absolute value of the slope of the 2

graph, so we use the extreme value property on the rst derivative of the function, which is f (x) = 4x x2 = x(4 x). f (x) = 4 2x = 2(2 x), so critical values are x = 0, 2 |f (1)| = | 5| = 5 |f (0)| = |0| = 0 |f (2)| = |4| = 4 |f (4)| = |0| = 0 So the slope is steepest when x = 1, and its value is f (1) = 5. 7. Section 4.1, No. 7 (a) ( )3 82/3 + 163/4 = (81/3 )2 + 161/4 = 22 + 23 = 4 + 8 = 12 (b) ( 27 + 36 121 )3/2 = ( 631/2 )3
3

(1211/2 ) ( )3 3 7 33 (7) 7 = = 113 1331 189 7 = 1331

8. Section 4.1, No. 21 23x = 4x 23x = (22 )x 23x = 22x 3 x = 2x x=1 9. Section 4.1, No. 25 10x 1 = 103 x2 1 = 3 x2 1 = 0 x = 2
2

10. Section 4.1, No. 27 ( )x1 1 2 = 232x 8 ( 3 )x1 2 2 = 232x 23(x1) = 232x 3 3x = 3 2x2 2x2 3x = 0 3 x = 0, x = 2
2