Problem 1
Given y = f(x) = x2 + 2x +3
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Use the definitional formula given below to find the derivative of the function.
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Find the value of the derivative at x = 3.
Problem 2
Given, y = f(x) = 2 x3 – 3x2 + 4x +5
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Use the Power function to find derivative of the function.
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Find the value of the derivative at x = 4.
Problem 3
The revenue and cost functions for producing and selling quantity x for a certain production facility are given below.
R(x) = 16x – x2
C(x) = 20 + 4x
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Determine the profit function P(x).
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Use Excel to graph the functions R(x), C(x) and P(x) for the interval 0≤ x ≤ 12. Copy and paste the graph below. Note: Use Scatter plot with smooth lines and markers.
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Compute the break-even quantities.
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Determine the average cost at the break-even quantities.
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Determine the marginal revenue R’(x).
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Determine the marginal cost C’(x)
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At what quantity is the profit maximized?
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