Chapter 4: Problem 55
Give an example of: A function which has no critical points on the interval between 0 and 1
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Chapter 4: Problem 55
Give an example of: A function which has no critical points on the interval between 0 and 1
These are the key concepts you need to understand to accurately answer the question.
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What are the dimensions of the closed cylindrical can that has surface area 280 square centimeters and contains the maximum volume?
Investigate the one-parameter family of functions. Assume that \(a\) is positive. (a) Graph \(f(x)\) using three different values for \(a\) (b) Using your graph in part (a), describe the critical points of \(f\) and how they appear to move as \(a\) increases. (c) Find a formula for the \(x\) -coordinates of the critical point(s) of \(f\) in terms of \(a\) $$f(x)=(x-a)^{2}$$
Table 4.2 shows cost, \(C(q),\) and revenue, \(R(q)\) (a) At approximately what production level, \(q\), is profit maximized? Explain your reasoning. (b) What is the price of the product? (c) What are the fixed costs? $$\begin{array}{l|r|r|r|r|r|r|r}\hline q & 0 & 500 & 1000 & 1500 & 2000 & 2500 & 3000 \\\\\hline R(q) & 0 & 1500 & 3000 & 4500 & 6000 & 7500 & 9000 \\\\\hline C(q) & 3000 & 3800 & 4200 & 4500 & 4800 & 5500 & 7400 \\\\\hline\end{array}$$
Give an example of a function \(f\) that makes the statement true, or say why such an example is impossible. Assume that \(f^{\prime \prime}\) exists everywhere. \(f\) is concave up and \(f(x)\) is negative for all \(x\).
Table 4.3 shows marginal cost, \(M C,\) and marginal revenue, \(M R\) (a) Use the marginal cost and marginal revenue at a production of \(q=5000\) to determine whether production should be increased or decreased from \(5000 .\) (b) Estimate the production level that maximizes profit. $$\begin{array}{c|r|r|r|r|r|r}\hline q & 5000 & 6000 & 7000 & 8000 & 9000 & 10000 \\\\\hline M R & 60 & 58 & 56 & 55 & 54 & 53 \\\\\hline M C & 48 & 52 & 54 & 55 & 58 & 63 \\ \hline\end{array}$$
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