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MATH1009 Test 3 Solutions
MATH1009 Test 3 Solutions
(r) = 2
2
ln 2 (5r)
+ (3)r
4
= (5 ln 2) 2
5
3r
4
.
(b) p
(r) = 2 ln r
1
r
=
2
r
ln r.
(c)
(r) = 4
(
3r
2
1 r
)
3
(
3r
2
1 r
)
= 4
(
3r
2
1 r
)
3
(
6r(1 r) 3r
2
(1)
(1 r)
2
)
=
= 4
(
3r
2
1 r
)
3
6r 3r
2
(1 r)
2
(
= 4
3
3
r
6
(1 r)
3
3r(2 r)
(1 r)
2
=
324r
7
(2 r)
(1 r)
5
)
2. [ 6 Marks] Use implicit dierentiation to nd
d
dr
:
r
2
3
+ 3r
2
= 2.
Solution:
Dierentiate both sides with respect to r:
2r
3
+ r
2
3
2
d
dr
+ 6r = 0.
Solve for
d
dr
:
d
dr
=
6r 2r
3
3r
2
2
.
3. [ 12 Marks] The quantity demanded each week r is related to the unit price j by the
demand equation
r = )(j) =
(j)
)(j)
.
1
[9] (a) Is the demand elastic or inelastic at j = 70? at j = 50?
[2] (b) For what price j is the demand unitary?
[1] (c) If the unit price is increased slightly from 70, will the revenue increase or decrease?
Solution:
(a) We compute
)
(j) =
(
360 4j
)
=
1
2
(
360 4j
)
1
2
(4) =
2
360 4j
.
Thus, 1(j) =
j )
(j)
)(j)
=
j
2
360 4j
360 4j
=
2j
360 4j
.
1(70) =
2 70
360 4 70
=
7
4
1. so the demand is elastic when j = 70.
1(50) =
2 50
360 4 50
=
100
160
< 1. so the demand is inelastic when j = 50.
(b) 1(j) =
j )
(j)
)(j)
=
2j
360 4j
= 1 when 2j = 3604j, so for j = 60 the demand is unitary.
(c) Since the demand is elastic when j = 70, the revenue will decrease if the unit price is
increased slightly from 70.
4. [ 12 Marks] Find and classify the critical numbers of the following functions:
(a)[5] )(r) = r
3
12r + 74. (b)[7] p(r) =
r
2
2r 4
.
Solution:
(a) )(r) is a polynomial function, so its domain is the set of all real numbers. The only source
of critical numbers is the condition )
(r) = 0.
)
(r) = 3r
2
12 = 3(r
2
4) = 2(r 2)(r + 2) = 0 when r = 2 or r = 2.
As )
(r) =
2r(2r 4) r
2
(2)
(2r 4)
2
=
2r
2
8r
(2r 4)
2
=
2r(r 4)
(2r 4)
2
.
The derivative p
(r) = 0 when r = 0 or r = 4.
As )