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Tut 05

This document contains math and economics problems related to calculus, functions, and costs. It asks the reader to take derivatives of functions, analyze total cost functions, check conditions of the Inverse Function Theorem, and solve other math problems involving inequalities, functions and finding constants.

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Abdul Hafiz
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14 views2 pages

Tut 05

This document contains math and economics problems related to calculus, functions, and costs. It asks the reader to take derivatives of functions, analyze total cost functions, check conditions of the Inverse Function Theorem, and solve other math problems involving inequalities, functions and finding constants.

Uploaded by

Abdul Hafiz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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EMET1001

Tutorial Problems/Questions - Week 05

Problem 1
Compute the derivatives of the functions with the formulas below:
(1a) f (x) = (2x2 3x6 )3
(1b) f (x) = 2x 2 7x 20
(1c) f (x) = ln(2x2 + 3x6 ) + 7x3
2
(1d) f (x) = e2x 3x6
2
x 9
(1e) f (x) = 2x 1

Problem 2
For each total cost fuction, …nd the marginal cost, denoted C 0 (q), the
average total cost, denoted AT C(q), the …xed cost (FC), the variable cost
(VC), the average …xed cost (AFC), the average variable cost (AVC), and
…nd the value(s) of q such that C 0 (q) = AT C(q), if any:
(2a) C(q) = 6 + q
(2b) C(q) = 3 + 2q 2
p
(2c) C(q) = 7 + q

Problem 3
Consider the function f : (0; +1) ! (0; +1), given by f (x) = 1=x, for
every x 2 (0; +1). Check the Inverse Function Theorem for the points:
(3a) (x; y) = (1; 1)
(3b) (x; y) = (3; 1=3)
Hint: sketch the graph of the function and the tangent lines.

1
Bonus Problems

Problem 4
Consider di¤erentiable functions f : R ! R, g : R ! R, p : R ! R,
q : R ! R. True or false?
(4a) (f gp)0 = f 0 gp + f g 0 p + f gp0
(4b) (f gpq)0 = f 0 gpq + f g 0 pq + f gp0 q + f gpq 0

Problem 5
Find all solutions x 2 R of the following inequality:
p !2x2
32x 3 1
< 8
5! 3 2 136

Problem 6.
Let a0 ; a1 ; b 2 R be constants (exogenous parameters). Let f : R ! R,
g : R ! R, be de…ned at each x 2 R by f (x) = x2 + a1 x + a0 and g(x) =
x2 + bx. Suppose that the vertex of the graph of function f : R ! R
has coordinates (3; 3). Suppose that the vertex of the graph of function
g : R ! R has x-coordinate xV = 3. Calculate a0 ; a1 ; b.

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