MATH 112 Spring 2005 Exam II Hints and Answers - Prof. Jennifer Taggart, Exams of Mathematics

Hints and answers for exam ii of math 112 - spring 2005. It includes solutions for various mathematical problems related to derivatives, profit functions, and feasible regions. Students can use this document to check their answers and understand the solutions.

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MATH 112 - Spring 2005
Exam II - Version 1
Hints and Answers
1. (4 points each)
(a) dy
dx =1
x1/3+e4x5·1
3x2/3+e4x5
·20x4
(b) G0(t) = 10 "x3
1 + e8x#9
·"(1 + e8x)(3x2)x3(e8x)(8)
(1 + e8x)2#
(c) ∂z
∂y =1
2hx2+ (4y+ 3)2i3/2
·2(4y+ 3)(4)
(d) fx(x, y) = y[x2·ex+ex·2x]
2. (a) (4 points) Draw the vertical line x= 20, the horizontal line y= 8, and the line 5x+10y=
133 (which has intercepts (0,13.3) and (26.6,0)). The feasible region is a five-sided
polygon.
(b) (5 points) The feasible region has five vertices: (0,0), (0,8), (20,0), (10.6,8) and (20,3.3).
(c) (3 points) The optimum values of the objective function must occur at a vertex of the
feasible region. Plug all of your vertices into the objective function and choose the
largest and smallest values.
ANSWER: minimum = 0; maximum = 3.06
3. (a) (5 points) HINT: Find the profit function: P(q) = 0.1q32.4q2+ 86.4q330.Take
the derivative: P0(q) = 0.3q24.8q+ 86.4. Set P0(q) = 0 and solve for q, using the
quadratic formula. You get one positive solution: q= 10.76. To apply the Second
Derivative Test, take P00(q): P00(q) = 0.6q4.8. Since P00(10.76) is negative, profit
has a local maximum at q= 10.76.
ANSWER: q= 10.76 Items
(b) (5 points) HINT: AV C(q) = 0.1q20.6q+ 3.6. AV C 0(q) = 0.2q0.6. Set AV C 0(q) = 0
and solve for q:q= 3. Compute AV C(1), AV C (3), and AV C(10).
ANSWER: smallest = $2.70 per Item; largest = $7.60 per Item
(c) (4 points) HINT: Marginal cost is the derivative of total cost: M C (q) = 0.3q21.2q+3.6.
Find MC0(q) and M C00(q): M C0(q) = 0.6q1.2 and M C 00(q) = 0.6. So, MC 00(1) = 0.6.
Since MC00 (1) is positive, MC is concave up at q= 1.
ANSWER: concave up
4. (a) (4 points) HINT: Set the partial derivatives equal to 0 and solve the resulting system of
equations.
ANSWER: y= 1.525x+ 1.5625
(b) (2 points) HINT: E(1,2.003) E(1,2)
0.003 Em(1,2)
ANSWER: 59
(c) (2 points) HINT: You need ∂E
∂b to be positive. Choose any pair of numbers mand bthat
make 2b+ 15m26 >0.
1

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MATH 112 - Spring 2005 Exam II - Version 1 Hints and Answers

  1. (4 points each)

(a) dy dx

x^1 /^3 + e^4 x^5

( 1 3

x−^2 /^3 + e^4 x 5 · 20 x^4

)

(b) G′(t) = 10

[ x^3 1 + e−^8 x

] 9 ·

[ (1 + e−^8 x)(3x^2 ) − x^3 (e−^8 x)(−8) (1 + e−^8 x)^2

]

(c) ∂z ∂y

[ x^2 + (4y + 3)^2

]− 3 / 2 · 2(4y + 3)(4)

(d) fx(x, y) = y[x^2 · ex^ + ex^ · 2 x]

  1. (a) (4 points) Draw the vertical line x = 20, the horizontal line y = 8, and the line 5x+10y = 133 (which has intercepts (0, 13 .3) and (26. 6 , 0)). The feasible region is a five-sided polygon. (b) (5 points) The feasible region has five vertices: (0, 0), (0, 8), (20, 0), (10. 6 , 8) and (20, 3 .3). (c) (3 points) The optimum values of the objective function must occur at a vertex of the feasible region. Plug all of your vertices into the objective function and choose the largest and smallest values. ANSWER: minimum = 0; maximum = 3.
  2. (a) (5 points) HINT: Find the profit function: P (q) = − 0. 1 q^3 − 2. 4 q^2 + 86. 4 q − 330. Take the derivative: P ′(q) = − 0. 3 q^2 − 4. 8 q + 86.4. Set P ′(q) = 0 and solve for q, using the quadratic formula. You get one positive solution: q = 10.76. To apply the Second Derivative Test, take P ′′(q): P ′′(q) = − 0. 6 q − 4 .8. Since P ′′(10.76) is negative, profit has a local maximum at q = 10.76. ANSWER: q = 10.76 Items (b) (5 points) HINT: AV C(q) = 0. 1 q^2 − 0. 6 q + 3.6. AV C′(q) = 0. 2 q − 0 .6. Set AV C′(q) = 0 and solve for q: q = 3. Compute AV C(1), AV C(3), and AV C(10). ANSWER: smallest = $2.70 per Item; largest = $7.60 per Item (c) (4 points) HINT: Marginal cost is the derivative of total cost: M C(q) = 0. 3 q^2 − 1. 2 q+3.6. Find M C′(q) and M C′′(q): M C′(q) = 0. 6 q − 1 .2 and M C′′(q) = 0.6. So, M C′′(1) = 0.6. Since M C′′(1) is positive, M C is concave up at q = 1. ANSWER: concave up
  3. (a) (4 points) HINT: Set the partial derivatives equal to 0 and solve the resulting system of equations. ANSWER: y = 1. 525 x + 1. 5625

(b) (2 points) HINT:

E(1, 2 .003) − E(1, 2)

≈ Em(1, 2) ANSWER: 59 (c) (2 points) HINT: You need ∂E∂b to be positive. Choose any pair of numbers m and b that make 2b + 15m − 26 > 0.