Chapter 10
Applied Mathematics: For the Managerial, Life, and Social Sciences · 324 exercises
Problem 49
A manufacturer of tennis rackets finds that the total cost \(C(x)\) (in dollars) of manufacturing \(x\) rackets/day is given by \(C(x)=400+4 x+0.0001 x^{2}\). Each racket can be sold at a price of \(p\) dollars, where \(p\) is related to \(x\) by the demand equation \(p=10-0.0004 x\). If all rackets that are manufactured can be sold, find the daily level of production that will yield a maximum profit for the manufacturer.
5 step solution
Problem 49
Sketch the graph of the function, using the curve-sketching quide of this section. $$ g(x)=\frac{2}{x-1} $$
4 step solution
Problem 49
Find the inflection point(s), if any, of each function. $$ f(x)=x^{3}-2 $$
5 step solution
Problem 50
The weekly demand for the Pulsar 25 -in. color console television is given by
the demand equation
$$
p=-0.05 x+600 \quad(0
7 step solution
Problem 50
Sketch the graph of the function, using the curve-sketching quide of this section. $$ f(x)=\frac{1}{x+1} $$
6 step solution
Problem 50
Find the inflection point(s), if any, of each function. $$ g(x)=x^{3}-6 x $$
3 step solution
Problem 51
A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $$\$ 20,0004$$, and the variable cost for producing \(x\) pagers/week is $$ V(x)=0.000001 x^{3}-0.01 x^{2}+50 x $$ dollars. The company realizes a revenue of $$ R(x)=-0.02 x^{2}+150 x \quad(0 \leq x \leq 7500) $$ dollars from the sale of \(x\) pagers/week. Find the level of production that will yield a maximum profit for the manufacturer. Hint: Use the quadratic formula.
3 step solution
Problem 51
Sketch the graph of the function, using the curve-sketching quide of this section. $$ h(x)=\frac{x+2}{x-2} $$
5 step solution
Problem 51
Find the inflection point(s), if any, of each function. $$ f(x)=6 x^{3}-18 x^{2}+12 x-15 $$
5 step solution
Problem 52
Sketch the graph of the function, using the curve-sketching quide of this section. $$ g(x)=\frac{x}{x-1} $$
6 step solution
Problem 52
Find the inflection point(s), if any, of each function. $$ g(x)=2 x^{3}-3 x^{2}+18 x-8 $$
6 step solution
Problem 53
The total monthly cost (in dollars) incurred by Cannon Precision Instruments for manufacturing \(x\) units of the model \(\mathrm{M} 1\) camera is given by the function $$ C(x)=0.0025 x^{2}+80 x+10,000 $$ a. Find the average cost function \(\bar{C}\). b. Find the level of production that results in the smallest average production cost. c. Find the level of production for which the average cost is equal to the marginal cost. d. Compare the result of part (c) with that of part (b).
4 step solution
Problem 53
Sketch the graph of the function, using the curve-sketching quide of this section. $$ f(t)=\frac{t^{2}}{1+t^{2}} $$
5 step solution
Problem 53
Find the inflection point(s), if any, of each function. $$ f(x)=3 x^{4}-4 x^{3}+1 $$
5 step solution
Problem 53
Find the relative maxima and relative minima, if any, of each function. $$ f(x)=x^{2}-4 x $$
5 step solution
Problem 54
Sketch the graph of the function, using the curve-sketching quide of this section. $$ g(x)=\frac{x}{x^{2}-4} $$
5 step solution
Problem 54
Find the inflection point(s), if any, of each function. $$ f(x)=x^{4}-2 x^{3}+6 $$
3 step solution
Problem 54
Find the relative maxima and relative minima, if any, of each function. $$ g(x)=x^{2}+3 x+8 $$
6 step solution
Problem 55
Suppose the quantity demanded per week of a certain dress is related to the unit price \(p\) by the demand equation \(p=\sqrt{800-x}\), where \(p\) is in dollars and \(x\) is the number of dresses made. To maximize the revenue, how many dresses should be made and sold each week? Hint: \(R(x)=p x\).
4 step solution
Problem 55
Sketch the graph of the function, using the curve-sketching quide of this section. $$ f(t)=e^{t}-t $$
10 step solution
Problem 55
Find the inflection point(s), if any, of each function. $$ g(t)=\sqrt[3]{t} $$
4 step solution
Problem 55
Find the relative maxima and relative minima, if any, of each function. $$ h(t)=-t^{2}+6 t+6 $$
5 step solution
Problem 56
The quantity demanded each month of the Sicard wristwatch is related to the unit price by the equation $$ p=\frac{50}{0.01 x^{2}+1} \quad(0 \leq x \leq 20) $$ where \(p\) is measured in dollars and \(x\) is measured in units of a thousand. To yield a maximum revenue, how many watches must be sold?
4 step solution
Problem 56
Sketch the graph of the function, using the curve-sketching quide of this section. $$ h(x)=\frac{e^{x}+e^{-x}}{2} $$
6 step solution
Problem 56
Find the inflection point(s), if any, of each function. $$ f(x)=\sqrt[5]{x} $$
5 step solution
Problem 56
Find the relative maxima and relative minima, if any, of each function. $$ f(x)=\frac{1}{2} x^{2}-2 x+4 $$
5 step solution
Problem 57
The present value of a piece of waterfront property purchased by an investor is given by the function $$ P(t)=80,000 e^{\sqrt{t / 2}-0.09 t} \quad(0 \leq t \leq 8) $$ where \(P(t)\) is measured in dollars and \(t\) is the time in years from the present. Determine the optimal time (based on present value) for the investor to sell the property. What is the property's optimal present value?
5 step solution
Problem 57
Sketch the graph of the function, using the curve-sketching quide of this section. $$ f(x)=2-e^{-x} $$
6 step solution
Problem 57
Find the inflection point(s), if any, of each function. $$ f(x)=(x-1)^{3}+2 $$
3 step solution
Problem 57
Find the relative maxima and relative minima, if any, of each function. $$ f(x)=x^{5 / 3} $$
5 step solution
Problem 58
It has been estimated that the total production of oil from a certain oil well is given by $$ T(t)=-1000(t+10) e^{-0.1 t}+10,000 $$ thousand barrels \(t\) yr after production has begun. Determine the year when the oil well will be producing at maximum capacity.
3 step solution
Problem 58
Sketch the graph of the function, using the curve-sketching quide of this section. $$ f(x)=\frac{3}{1+e^{-x}} $$
6 step solution
Problem 58
Find the inflection point(s), if any, of each function. $$ f(x)=(x-2)^{4 / 3} $$
4 step solution
Problem 58
Find the relative maxima and relative minima, if any, of each function. $$ f(x)=x^{2 / 3}+2 $$
4 step solution
Problem 59
When organic waste is dumped into a pond, the oxidation process that takes place reduces the pond's oxygen content. However, given time, nature will restore the oxygen content to its natural level. Suppose the oxygen content \(t\) days after organic waste has been dumped into the pond is given by $$ f(t)=100\left[\frac{t^{2}-4 t+4}{t^{2}+4}\right] \quad(0 \leq t<\infty) $$ percent of its normal level. a. When is the level of oxygen content lowest? b. When is the rate of oxygen regeneration greatest?
4 step solution
Problem 59
Sketch the graph of the function, using the curve-sketching quide of this section. $$ f(x)=\ln (x-1) $$
4 step solution
Problem 59
Find the inflection point(s), if any, of each function. $$ f(x)=2 e^{-x^{2}} $$
4 step solution
Problem 59
Find the relative maxima and relative minima, if any, of each function. $$ g(x)=x^{3}-3 x^{2}+4 $$
5 step solution
Problem 60
The amount of nitrogen dioxide, a brown gas that impairs breathing, present in the atmosphere on a certain May day in the city of Long Beach is approximated by $$ A(t)=\frac{136}{1+0.25(t-4.5)^{2}}+28 \quad(0 \leq t \leq 11) $$ where \(A(t)\) is measured in pollutant standard index (PSI) and \(t\) is measured in hours, with \(t=0\) corresponding to 7 a.m. Determine the time of day when the pollution is at its highest level.
5 step solution
Problem 60
Sketch the graph of the function, using the curve-sketching quide of this section. $$ f(x)=2 x-\ln x $$
4 step solution
Problem 60
Find the inflection point(s), if any, of each function. $$ f(x)=x e^{-2 x} $$
5 step solution
Problem 60
Find the relative maxima and relative minima, if any, of each function. $$ f(x)=x^{3}-3 x+6 $$
4 step solution
Problem 61
The average revenue is defined as the function $$ \bar{R}(x)=\frac{R(x)}{x} \quad(x>0) $$ Prove that if a revenue function \(R(x)\) is concave downward \(\left[R^{\prime \prime}(x)<0\right]\), then the level of sales that will result in the largest average revenue occurs when \(\bar{R}(x)=R^{\prime}(x)\).
3 step solution
Problem 61
A city's main well was recently found to be contaminated with trichloroethylene (a cancer-causing chemical) as a result of an abandoned chemical dump that leached chemicals into the water. A proposal submitted to the city council indicated that the cost, measured in millions of dollars, of removing \(x \%\) of the toxic pollutants is given by $$ C(x)=\frac{0.5 x}{100-x} $$ a. Find the vertical asymptote of \(C(x)\). b. Is it possible to remove \(100 \%\) of the toxic pollutant from the water?
4 step solution
Problem 61
Find the inflection point(s), if any, of each function. $$ f(x)=x^{2} \ln x $$
4 step solution
Problem 61
Find the relative maxima and relative minima, if any, of each function. $$ f(x)=\frac{1}{2} x^{4}-x^{2} $$
5 step solution
Problem 62
According to a law discovered by the 19th-century physician Jean Louis Marie Poiseuille, the velocity (in centimeters/second) of blood \(r \mathrm{~cm}\) from the central axis of an artery is given by $$ v(r)=k\left(R^{2}-r^{2}\right) $$ where \(k\) is a constant and \(R\) is the radius of the artery. Show that the velocity of blood is greatest along the central axis.
4 step solution
Problem 62
Find the inflection point(s), if any, of each function. $$ f(x)=\ln \left(x^{2}+1\right) $$
4 step solution
Problem 62
Find the relative maxima and relative minima, if any, of each function. $$ h(x)=\frac{1}{2} x^{4}-3 x^{2}+4 x-8 $$
6 step solution
Problem 63
A developing country's gross domestic product (GDP) from 2000 to 2008 is approximated by the function $$ G(t)=-0.2 t^{3}+2.4 t^{2}+60 \quad(0 \leq t \leq 8) $$ where \(G(t)\) is measured in billions of dollars and \(t=0\) corresponds to 2000 . Show that the growth rate of the country's GDP was maximal in 2004 .
4 step solution