Chapter 12: Problem 3
Calculate \(\frac{d^{2} y}{d x^{2}}\). \(y=\frac{2}{x}\)
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Chapter 12: Problem 3
Calculate \(\frac{d^{2} y}{d x^{2}}\). \(y=\frac{2}{x}\)
These are the key concepts you need to understand to accurately answer the question.
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Sketch the graph of the given function, indicating (a) \(x\) - and \(y\) -intercepts, (b) extrema, (c) points of inflection, \((d)\) behavior near points where the function is not defined, and (e) behavior at infinity. Where indicated, technology should be used to approximate the intercepts, coordinates of extrema, and/or points of inflection to one decimal place. Check your sketch using technology. \(f(x)=-x^{2}-2 x-1\)
You have been hired as a marketing consultant to Big Book Publishing, Inc., and you have been approached to determine the best selling price for the hit calculus text by Whiner and Istanbul entitled Fun with Derivatives. You decide to make life easy and assume that the demand equation for Fun with Derivatives has the linear form \(q=m p+b\), where \(p\) is the price per book, \(q\) is the demand in annual sales, and \(m\) and \(b\) are certain constants you'll have to figure out. a. Your market studies reveal the following sales figures: when the price is set at \(\$ 50.00\) per book, the sales amount to 10,000 per year; when the price is set at \(\$ 80.00\) per book, the sales drop to 1000 per year. Use these data to calculate the demand equation. b. Now estimate the unit price that maximizes annual revenue and predict what Big Book Publishing, Inc.'s annual revenue will be at that price.
A right circular conical vessel is being filled with green industrial waste at a rate of 100 cubic meters per second. How fast is the level rising after \(200 \pi\) cubic meters have been poured in? The cone has a height of \(50 \mathrm{~m}\) and a radius of \(30 \mathrm{~m}\) at its brim. (The volume of a cone of height \(h\) and crosssectional radius \(r\) at its brim is given by \(V=\frac{1}{3} \pi r^{2} h .\).)
A time- series study of the demand for higher education, using tuition charges as a price variable, yields the following result: $$\frac{d q}{d p} \cdot \frac{p}{q}=-0.4$$ where \(p\) is tuition and \(q\) is the quantity of higher education. \(\mathbf{2 5}\). Which of the following is suggested by the result? (A) As tuition rises, students want to buy a greater quantity \(\quad \mathbf{2 6}\). of education. (B) As a determinant of the demand for higher education, income is more important than price. (C) If colleges lowered tuition slightly, their total tuition receipts would increase. (D) If colleges raised tuition slightly, their total tuition receipts would increase. (E) Colleges cannot increase enrollments by offering larger scholarships.
Daily sales of Kent's Tents reached a maximum in January 2002 and declined to a minimum in January 2003 before starting to climb again. The graph of daily sales shows a point of inflection at June 2002 . What is the significance of the point of inflection?
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