M403K 2nd Midterm Exam Solutions
Exam Given March 7, 2002

Problem 1. Graphing

Consider the function tex2html_wrap_inline39 . (This function factors as tex2html_wrap_inline41 ).

a) Find the partition points of f (if there are any) and make a sign chart for f.

Since tex2html_wrap_inline47 , the partition points are at x=-2 and x=1. Evaluating test points f(-3)=-58 < 0, f(0)=-4 < 0, and f(2)=16 > 0 shows that f(x) is NEGATIVE for x < -2, NEGATIVE for -2 < x < 1, and POSITIVE for x > 1.

b) Find the critical points of f (if there are any) and make a sign chart for f'.

tex2html_wrap_inline71 , so our critical points are at x=-2 and x=0. Test each region: f'(-3)=9 > 0, f'(-1)=-3 < 0, f'(1)=9 > 0, so f'(x) is POSITIVE for x < -2, NEGATIVE for -2 < x < 0, and POSITIVE for x > 0.

c) Find the inflection points of f (if there are any) and make a sign chart for f''.

f''(x) = 6x+6, so our only inflection point is at x=-1. Testing f''(0) and f''(2) shows that f''(x) is NEGATIVE for x < -1 and POSITIVE for x > -1.

d) Sketch the graph of the function. Show clearly the location of the partition points, critical points and inflection points, and the value of the function at these special points. Be sure that the positivity, direction, and curvature of your graph agree with your calculations in parts a-c.

[I can't sketch on screen, but here's a description]. Up until x=-2, f(x) is negative, increasing, and curving down. The graph reaches a local maximum at (-2,0) - -2 is both a partition point and a critical point. Between -2 and -1, the function is negative, decreasing, and curving down. (-1, -2) is an inflection point. Between x=-1 and x=0, the function is negative, decreasing, but curving up, reaching a local minimum at (0,-4). Between 0 and 1, the function is negative, increasing, and curving up, hitting the x-axis at (1,0). Past 1 it is positive, increasing, and curving up.

Problem 2. Max-min

Find the absolute maximum and absolute minimum values of the function tex2html_wrap_inline127 on the interval [1,3].

First compute f'(x) = (2/x)-1. This is zero at x=2, which is our only critical point. (If you want, you can use the second derivative test to see that this is a local maximum, but that's not necessary). The extrema must be among our endpoints and critical points. Comparing values, we see that f(1)=-1, tex2html_wrap_inline137 , and tex2html_wrap_inline139 . The maximum value of -0.6 is achieved at x=2 and the minimum value of -1 is achieved at x=1.

Problem 3. Wild West WIMPs

Widget Industries of Missoula and Pocatello (WIMP) is offering high-tech digital widgets to their customers in Montana and Idaho. They estimate that the demand x is related to the price p by the demand equation x=100-p. Their cost function is C(x)=40x+600.

a) Write down the revenue R(x) and the profit P(x) as functions of x.

p=100-x, so tex2html_wrap_inline165tex2html_wrap_inline167 .

b) Find the value of x that maximizes revenue. At that production level, what will the price be? How much revenue will the company bring in?

The maximum revenue is when R'(x)=0. Since R'(x) = 100-2x, this occcurs at x=50. The price is then 50, and the revenue is 2500.

c) Find the value of x that maximizes profit? How big is that maximum profit?

The maximum profit is when P'(x)=0. Since P'(x) = 60-2x, this occcurs at x=30. The maximum profit is P(30)=300.

Problem 4. Implicit differentiation

Consider the curve

displaymath187

.

a) Find dy/dx at the point (x,y).

2 x dx + 2 y dy - 4 dx - 2 dy = 0, or (2x-4)dx + (2y-2)dy =0. Solving for dy/dx gives

displaymath199

b) Find the slope of the line tangent to the curve at the point (5,5).

At x=5, y=5, dy/dx = -(5-2)/(5-1) = -3/4.

c) Estimate the value of y when x=5.04.

dy = (dy/dx)dx = (-3.4)(0.04) = -0.03, so tex2html_wrap_inline215 .

Problem 5. Exponential Growth

A piece of cheese left in the refrigerator too long has become a biology experiment. The mold on it is growing exponentially, with a growth rate of 10%/day (compounded continuously!). Currently there are 3 grams of mold.

a) How much mold will there be in x days? (Write down a formula, with all the numbers except x filled in).

Initial value =3, growth rate = 0.1, time =x, so quantity of mold is tex2html_wrap_inline223

b) How long will it take for the mold to double?

Doubling time is tex2html_wrap_inline225 days.

c) When will there be 24 grams of mold on the cheese? Simplify your answer as much as possible.

You need to double 3 times, so it takes 21 days. Alternatively, solve tex2html_wrap_inline227 , hence tex2html_wrap_inline229 , hence tex2html_wrap_inline231 , so tex2html_wrap_inline233 days.

Problem 6. Exponentials and logs

For a, b, and c, take the derivatives, with respect to x, of the following functions. Your final answer should be expressed entirely in terms of x. (e.g. tex2html_wrap_inline239 , not tex2html_wrap_inline241 ). However, in these parts you do NOT need to simplify your results further.

a) tex2html_wrap_inline243

tex2html_wrap_inline245 .

b) tex2html_wrap_inline247

tex2html_wrap_inline249

c) tex2html_wrap_inline251

tex2html_wrap_inline253

d) Simplify the expression tex2html_wrap_inline255 .

tex2html_wrap_inline257 .