Scribd Logo
Upload

Welcome to Scribd!

  • 45 views

    Problem Set 1

    Uploaded by

    Faizan
    This document contains 10 questions asking the student to: 1) Derive derivatives using product, quotient and chain rules for various functions. 2) Provide proofs for the quotient rule and a property of marginal curves. 3) Find derivatives of several multi-term functions. 4) Solve cost, revenue and profit maximization problems by taking derivatives of relevant functions. 5) Determine if inverse functions exist and find their gradients. 6) Identify if two functions are strictly monotonic and find their derivatives if so.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Problem Set 1

    Uploaded by

    Faizan
    45 views2 pages
    This document contains 10 questions asking the student to: 1) Derive derivatives using product, quotient and chain rules for various functions. 2) Provide proofs for the quotient rule and a property of marginal curves. 3) Find derivatives of several multi-term functions. 4) Solve cost, revenue and profit maximization problems by taking derivatives of relevant functions. 5) Determine if inverse functions exist and find their gradients. 6) Identify if two functions are strictly monotonic and find their derivatives if so.

    Original Title

    Problem+set+1.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains 10 questions asking the student to: 1) Derive derivatives using product, quotient and chain rules for various functions. 2) Provide proofs for the quotient rule and a property of marginal curves. 3) Find derivatives of several multi-term functions. 4) Solve cost, revenue and profit maximization problems by taking derivatives of relevant functions. 5) Determine if inverse functions exist and find their gradients. 6) Identify if two functions are strictly monotonic and find their derivatives if so.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    45 views2 pages

    Problem Set 1

    Uploaded by

    Faizan
    This document contains 10 questions asking the student to: 1) Derive derivatives using product, quotient and chain rules for various functions. 2) Provide proofs for the quotient rule and a property of marginal curves. 3) Find derivatives of several multi-term functions. 4) Solve cost, revenue and profit maximization problems by taking derivatives of relevant functions. 5) Determine if inverse functions exist and find their gradients. 6) Identify if two functions are strictly monotonic and find their derivatives if so.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 2

    𝑑𝑦

    Q.1 Write out the proof for 𝑑𝑥 = 𝑎(𝑥)𝑓(𝑥) using product rule given 𝑎(𝑥) = 𝑦(𝑥)𝑧(𝑥)

    𝑑𝑦
    Q.2 Write out the proof for 𝑑𝑥 = 𝑎(𝑥)𝑓(𝑥) using product rule given 𝑎(𝑥) = 𝑓(𝑥)𝑧(𝑥)

    𝑑𝑦
    Q.3 Write out the proof for 𝑑𝑥 = 𝑎(𝑥)𝑓(𝑥) using product rule and quotient rule given 𝑎(𝑥) = 𝑓(𝑥)𝑧(𝑥)
    𝑔(𝑥)
    and 𝑓(𝑥) =
    𝑦(𝑥)

    Q.4 Write out the mathematical proof for quotient rule.

    Q.5 Provide a mathematical proof for the general result that, given a linear average curve, the
    corresponding marginal curve must have the same vertical intercept but will be twice as steep as the
    average curve.

    Q.6 Find the derivatives for the following functions.

    𝑥 2 +𝑥−7
     𝑦 = 𝑥3
    𝑥 4 −√3𝑥+2
     𝑣= 2
     𝑝 = (𝑥 + 2) (𝑥 − 2)2
    2

     𝑧 = (𝑥 + 5)(𝑥 + 𝑥 3 + 6)(𝑥 + 4𝑥 + 7)3


     𝑦 = (𝑥 − 6)2 (𝑥 + √𝑥 + 5)
    3

    4
    (𝑥 5 +𝑥−3) +(𝑥−2)(𝑥 2 +𝑥−2)(𝑥+3)
     𝑠=
    3𝑥−4
    (𝑥+3)(𝑥−2)+(𝑥 3 +2𝑥 2 +𝑥)3
     𝑚= 𝑥 4 +24𝑥 3 +𝑥 2 +30𝑥+4
    Q.7 Solve the following questions. Given Total Cost function is 𝐶 = 𝑞 3 − 3𝑞 2 + 2𝑞 + 10

     Find the variable cost function. (Note: Total cost= Variable Cost+ Fixed Cost)
     Find the derivative of the total cost function. Give the economic interpretation of its derivative
     Graph the derivative of your total cost function.
    Q.8 Solve the following questions. Given Price function is 𝑝 = 𝑞 + 10

     Find the Total Revenue Function. (Note: Total Revenue= (Price)q


     Find the Average Revenue Function. (Note: Avg Revenue= (Total Revenue)/q )
     Find and graph the derivative of Total Revenue Function. Give the economic interpretation of its
    derivative.
     On the same axis graph the Average Revenue function and Total Revenue Function.

    Q.9 Consider the function 𝑓(𝑥) = 2𝑥 3 − 3𝑥 2 + 3

     Find dy/dx for 𝑓(𝑥)


     Does the inverse of 𝑓(𝑥) exist? If so find its gradient. If not explain why it doesn’t exist

    Q.10 Are the following functions strictly monotonic functions? If so find dx/dy.

     𝑦 = −𝑥 6 +5 (x>0)
     𝑦 = 4𝑥 5 + 𝑥 3 + 3𝑥

    You might also like