MATH 142 Business Math II, Week In Review Spring, 2015, Problem Set 11 (Final Review) JoungDong Kim 1. Locate and classify all the critical points of the function. f (x, y) = 16x2 + 2y 2 − 2y 2x − 1 2. Find the second partial derivatives of the function. f (x, y) = ex 3 +y 5 3. Determine the consumers’ surplus and the producers’ surplus at the equilibrium price level for the following demand and supply functions. p = D(x) = 53.4 − 0.8x p = S(x) = 0.2x2 + 15 1 4. Determine the area that is bounded by the graphs of the following equations. y = −2x2 , 5. If f (1) = 14, f is continuous, and ′ Z y = x3 − 24x 3 f ′ (x) dx = 18, what is the value of f (3)? 1 6. Find the average value of the function f on the given interval. f (x) = 3e2x , 2 [4, 6] 7. Use a right sum with rectangles of equal width for the given value of n to approximate the integral. Z 7 x2 ln(x) dx, n = 2 1 8. Evaluate the integral. Z x5 dx x6 + 6 9. A box with a square base and open top must have a volume of 4,000 cm3 . Find the dimensions of the box that minimize the amount of material used. 3 10. Find the absolute maximum and absolute minimum values of f on the given interval. f (x) = 6x2 − 72x + 1000, [−1, 15) 11. Given function f (x) = (2 − x)e−x . Find the intervals of increase or decrease, and concavity. Find the point of inflection. 12. Given function f (x) = 6x3 + 9x2 − 1620x. Find the x-coordinate(s) of all local extrema. 4 13. The consumer demand curve for Professor Stefan Schwarzenegger’s dumbbells is given by x = (84 − 4p)2 , 0 < p < 21, where p is the price per dumbbell, and x is the demand in weekly sales. Find the price Professor Schwarzenegger should charge for his dumbbells in order to maximize revenue. 14. Find the derivative of f (x) = ln((2x + 1)3 (5x − 1)4 ) 15. Determine the equation of the line tangent to the following function at x = 3. f (x) = (x − 2)(5 − x)4 5 16. Consider the function below. Use it to find the following limits. 29 − x2 if x ≤ 5 f (x) = x−5 if x > 5 (a) lim− f (x) x→5 (b) lim+ f (x) x→5 (c) lim f (x) x→5 17. Solve for x: 6(1.084x+1 ) = 8 18. Solve for x: 2 3x · 6 1 = 318 33x 19. Your college newspaper, The Collegiate Investigator, has fixed production costs of $76 per edition and marginal printing and distribution costs of $0.5 per copy. The Collegiate Investigator sells for $0.75 per copy. How many copies should be sold in order to break even? 7