Assignment 1 • Answer the questions in separate sheets of paper, and CLEARLY indicate your name and student ID on the TOP of the FIRST PAGE. • Submit your assignment to the MAT1010 dropbox on the sixth floor of Cheng Dao Building, before 6PM of Tuesday, February 28. • Explain your answer clearly, either in mathematical symbols or in words. 1. Recall that if L , 1 + Ce−kt where L, C and k are positive constants, then P is called a logistic function of t. P = f (t) = (a) Show that P is an increasing function of t. (b) Show that this function has only one inflection point, which occurs when P = L/2. 二阶导数为0 2. Consider the function f (x) = x3 −3x2 −9x−5. Find the global maximum and global minimum of f defined on the closed interval [−4, 4]. 3. A car speeds up at a constant rate from 10 to 70 mph (miles per hour) over a period of half an hour. Its fuel efficiency (in miles per gallon) increases with speed; values are shown in the following table. Using these numbers, make an upper estimate of the quantity of fuel used during the half hour. 1 4. For q ≥ 0, the marginal cost function of a product for a manufacturer is given by C 0 (q) = 0.006q 2 − q + 56 (dollars per unit). The fixed cost for the product is 20000 dollars. (a) Find the cost function C(q). Z 49 (b) Fill-in-the-blank: the number C 0 (q)dq represents the 48 Your answer in the blank should contain AT MOST six words. 5. Lily is the monopolist of a certain product. The price she sets for her product is based on the demand curve of the product, which is shown below. (a) Let B(q) be the average revenue function. That is, B(q) = R(q)/q, where R(q) is the revenue function of the product. Suppose we draw the graph of B(q) on the same axes below. What is the relation between this graph and the demand curve? Explain. (b) Lily uses the demand curve to find a “special value”, following the procedure below. She starts with a quantity q0 and considers the corresponding p-value p0 on the demand curve. From the point S = (0, p0 ), she draws a line l that is parallel to the line tangent to the demand curve at the point with q = q0 . The line l will hit the vertical line q = q0 at a point T = (q0 , p∗ ), and p∗ is the “special value”. What is the meaning of this “special value” p∗ ? Justify your answer mathematically. 2 . 6. Compute the following integrals. Z 2x3 (a) dx. x4 + 1 Z 4 (b) x7 ex dx. Z (c) π/2 cos2 x dx. 0 3