Problem 58
Question
Refer to the following: In calculus, we find the derivative, \(f^{\prime}(x),\) of a function \(f(x)\) by allowing \(h\) to approach 0 in the difference quotient \(\frac{f(x+h)-f(x)}{h}\) of functions involving exponential functions. Find the difference quotient of the exponential decay model \(f(x)=P e^{-k x},\) where \(P\) and \(k\) are positive constants.
Step-by-Step Solution
Verified Answer
The difference quotient simplifies to \(-kP e^{-kx}\). This represents the derivative of the exponential decay model.
1Step 1: Write the Difference Quotient Formula
Start with the difference quotient formula: \(\frac{f(x+h)-f(x)}{h}\). This formula is used to find the derivative of a function as \(h\) approaches 0.
2Step 2: Substitute the Exponential Function
Substitute the given function \(f(x) = Pe^{-kx}\) into the difference quotient formula: \[\frac{Pe^{-k(x+h)} - Pe^{-kx}}{h}\].
3Step 3: Simplify the Expression
Factor \(Pe^{-kx}\) out of the numerator: \[\frac{Pe^{-kx}(e^{-kh} - 1)}{h}\].
4Step 4: Evaluate as h Approaches 0
To find the derivative \(f'(x)\), evaluate the limit as \(h\) approaches 0: \[\lim_{h \to 0} \frac{Pe^{-kx} (e^{-kh} - 1)}{h}\].
5Step 5: Recognize the Limit of Exponential Function
The key limit to recognize here is \(\lim_{h \to 0} \frac{e^{-kh} - 1}{h} = -k\). This is a standard limit in calculus.
6Step 6: Simplify the Limit
Substitute the recognized limit into the equation: \[Pe^{-kx} \cdot (-k)\]. Therefore, this simplifies to: \(-kP e^{-kx}\).
Key Concepts
DerivativeExponential FunctionsCalculus
Derivative
In calculus, the concept of a derivative holds pivotal importance. The derivative represents how a function changes as its input changes. This rate of change is effectively captured through the difference quotient, which forms the bedrock of differential calculus.
To understand derivatives thoroughly, think of them as the slope of a tangent line to the graph of the function at a particular point. As we refine this slope by making intervals smaller, we get the derivative.
The difference quotient is computed by the formula \(\frac{f(x+h) - f(x)}{h}\), where we let \(h\) approach zero.
For the exponential function given, the derivative helps understand how rapidly or slowly the function value changes with respect to the input.
To understand derivatives thoroughly, think of them as the slope of a tangent line to the graph of the function at a particular point. As we refine this slope by making intervals smaller, we get the derivative.
The difference quotient is computed by the formula \(\frac{f(x+h) - f(x)}{h}\), where we let \(h\) approach zero.
- The expression \(f(x+h)\) evaluates the function at a slightly increased value.
- The subtraction \(f(x)\) gives the change in function value.
- Dividing by \(h\) gives us the average rate of change over the interval \([x, x+h]\).
For the exponential function given, the derivative helps understand how rapidly or slowly the function value changes with respect to the input.
Exponential Functions
Exponential functions exhibit some intriguing characteristics that differentiate them from polynomial functions. An exponential function takes the form \(f(x) = a \cdot e^{bx}\), where \(a\) and \(b\) are constants, and \(e\) is the base of natural logarithms, approximately equal to 2.71828.
Key features of exponential functions include:
Key features of exponential functions include:
- An ever-increasing or decreasing rate, driven by the exponent's sign (positive for growth, negative for decay).
- The function value never reaches zero, aligning with its asymptotic nature towards the x-axis.
- Natural exponential functions are widely used in multiple fields such as finance, biology, and physics due to their modeling capacity for continuous growth or decay.
Calculus
Calculus is a vast field of mathematics centered around the ideas of change and motion. It is divided mainly into two subfields: differential calculus and integral calculus. In the exercise provided, differential calculus is used to find the derivative of an exponential function.
Differential calculus, for its part, focuses heavily on rates of change. By honing in on small-scale changes using limits, it provides a framework for modeling dynamic systems.
Key concepts in calculus that have been employed include:
Differential calculus, for its part, focuses heavily on rates of change. By honing in on small-scale changes using limits, it provides a framework for modeling dynamic systems.
Key concepts in calculus that have been employed include:
- Limits, which allow us to examine the behavior of functions as inputs approach a specific point, essential in derivative calculations.
- Derivatives, pinpointing the "rate of change" or "slope" of a function at any particular input.
Other exercises in this chapter
Problem 57
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Solve the logarithmic equations. Round your answers to three decimal places. $$\ln (4 x-7)=3$$
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If you put \(\$ 10,000\) in a savings account that earns \(3.5 \%\) interest per year compounded annually, how much would you expect to have in that account in
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