TUTORIAL 8-9-10-11 1. Determine the following: a) (x 3 6 x 2 x)dx b) t c) ( 4(t 3) 2 )dt 4 2. Which of the following is d) x a) 2 2 ( x 1) 5 / 2 ( x 1) 3 / 2 C 5 3 b) 1 2 2 x * ( x 1) 3 / 2 C 2 3 ( 2 x 3 x )dx (4 5e 5t e 2t )dt 3 x 1dx ? 3. Let P(t) be the total output of a factory assembly line after t hours of work. Suppose that the rate of production at time t is 60+2t-0.25t2 units per hour. Find the formula for P(t). [Hint: The rate of production is P’(t) and P(0) = 0.] 4. A flu epidemic hits a town. Let P(t) be the number of persons sick with the flu at time t, where time is measure in days from the beginning of the epidemic and P(0) = 100. Suppose that after t days the flu is spreading at the rate of 120t – 3t2 people per day. Find the formula for P(t). 5. Suppose the drilling of an oil well has a fixed cost of $10,000 and a marginal cost of C’(x) = 1000 + 50x $/m. Find the expression for C(x), the total cost of drilling x meters. 6. Use a Riemann sum with n = 4 and left endpoints to estimate the area under the graph of f(x) = 4-x on the interval [1,4]. Then repeat with n = 4 and midpoints. Compare the answer with the exact answer, 4.5, which can be computed from the formula for the area of a triangle. 7. The velocity of a car is recorded from the speedometer every 10 seconds, beginning 5 seconds after the car starts to move (see table below). Use a Riemann sum to estimate the distance the car travels during the first 60 seconds. [Note: Each velocity is given at the middle of a ten-second interval. The first interval extends from 0 to 10, and so on.] A Car’s Velocity Time Velocity 5 15 25 35 45 55 20 44 32 39 65 80 8. Calculate the following definite integrals 3 6 a) 1 x dx b) 3 x / 10 2 (e x 1)dx 5 dt 0 d) 25 3t dt 3 5 e) 3 1 1 4 c) dt 3 1 (t 2) (5t 1) 4 f) (x 2 2 2 1 dx 2 x5 x 9. The worldwide rate of cigarette consumption (in trillions of cigarettes per year) since 1960 is given approximately by the function c(t) = 0.1t + 2.4, where t = 0 corresponds to 1960. Determine the number of cigarettes sold from 1980 to 2004. 10. Suppose that the marginal profit function for a company is 100 + 50x – 3x2 at production level x. a) Find the extra profit earned from the sale of 3 additional units if 5 units are currently being produced. b) Describe the answer to part (a) as an area. (Do not make a sketch). 11. The marginal profit for a certain company is MP1(x) = -x2 + 14x – 24. The company expects the daily production level to rise from x = 6 to x = 8 units. The management is considering a plan that would have the effect of changing the marginal profit to MP2(x) = x2 + 12x – 20. Should the company adopt the plan? Determine the area between the graphs of the two marginal profit functions from x = 6 to x = 8. Interpret this area in economic terms. 12. Find the area of the region bounded by y = 1/x2, y = x and y = 8x for x ≥ 0. 13. Assuming that a country’s population is now 3 million and is growing exponentially with growth constant 0.02, what will be the average population during the next 50 years? 14. One hundred dollars are deposited in the bank at 5% interest compounded continuously. What will be the average value of the money in the account during the next 20 years? 15. Determine the point of intersection (Q, P) and the consumers’ and producers’ surplus given demand curve P = 25 0.1x and supply curve 0.1x 9 – 2. 16. Suppose that money is deposited daily into a savings account at an annual rate of $2000. If the account pays 5% interest compounded continuously, estimate the balance in the account at the end of 3 years. 17. An investment pays 10% interest compounded continuously. If money is invested steadily at the rate of $5000 per year, how much time is required until the value of the investment reaches $140,000? 18. Suppose that in a certain country the daily demand for coffee is given by f(p1,p2) = 16p1/p2 thousand kg, where p1 and p2 are the respective prices of tea and coffee in dollars per kg. Compute and interpret f(3,4). 19. In c certain suburban community, commuters have the choice of getting into the city by bus or train. The demand for these modes of transportation varies with their cost. Let f(p1,p2) be the number of people who will take the bus when p1 is the price of the bus ride and p2 is the price of the train ride. Explain why the partial derivative with respect to p1 and p2 are less than 0 and greater than 0 respectively. 20. Using data collected from 1929-1941, Richard Stone determined that the yearly quantity Q of beer consumed in the United Kingdom was approximately given by the formula Q = f(m,p,r,s) where f(m,p,r,s) = (1.058)m0.136p-0.727r0.914s0.816 and m is the aggregate real income (personal income after direct taxes, adjusted for retail price changes), p is the average retail price of the commodity (in this case, beer), r is the average retail price level of all other consumer goods and services, and s is a measure of the strength of the beer. Determine which partial derivatives are positive and which are negative and give interpretations. 21. A company manufactures and sells two products, call them I and II, that sell for $10 and $9 per unit, respectively. The cost of producing x units of product I and y units of product II is 400 + 2x + 3y + 0.01(3x2 + xy + 3y2). Find the values of x and y that maximize the company’s profits. 22. Four hundred eighty dollars are available to fence in a rectangular garden. The fencing for the north and south sides of the garden costs $10 per meter and the fencing for the east and west sides costs $15 per meter. Find the dimensions of the largest possible garden. 23. A firm makes x units of product A and y units of product B and has a production possibilities curve given by the equation 4x2 + 25y2 = 50,000 for x ≥ 0, y ≥ 0. Suppose profits are $2 per unit for product A and $10 per unit for product B. Find the production schedule that maximizes the total profit.