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Mat 116 – Business Calculus Instructor: T. Bui Name ________________________ Date ________________________ Midterm (chapter 10 and 11) Please circle your final answer for each problem and show your work for partial credit. 1) Given f(x) as a function below. a) Find lim f ( x ) b) Find lim f ( x ) ? b) Find lim f ( x) d) Find f(-1) = x 1 x 1 x 1 2) Determine the limits, using graph or table a) lim x 2 1 x2 3) f(x) = b) lim x 2 1 x2 1 x 2 x 2 c) lim 2x x 1 Is f(x) continuous? If not, find the point of discontinuity ________ 4) f(x) = x2 + 3x - 1 Is f(x) continuous? If not, find the point of discontinuity ________ 5) Find the limits a) lim 3 x 5 x 4x3 x 2 6 b) lim x x5 6) Evaluate the following limits Note: when you find the limits of these problems, you must factor first if possible and then simplify before you substitute the number for x a) lim 3x 2 b) lim 2x x 3x 2 x2 x 1 x 2 16 c) lim x 4 x 4 x 2 2x 3 d) xlim 1 x 1 7) Given f(x) = 5x2 a) Use the shortcut to find the derivative of f(x) f’(x) = b) What is the equation of the tangent line at x = 3 c) Find the value(s) of x where the tangent line is horizontal 8) The price-demand equation and the cost function for the production of graphing calculators are giving, respectively, by x = 5000 – 25p and C(x) = 70,000 + 50x where x is the number of calculator that can be sold at a price of p per calculator and C(x) is the total cost (in dollars) of producing x calculators A) Express price p as a function of the demand x B) Find the revenue function R(x) = xp using the result from part A) C) Find the profit function in terms of x (formula: P(x) = R(x) – C(x)) 9) Use the shortcuts to find the derivatives of the following functions. Circle your answers. A) f(x) = 0.32x5 f’(x) = f’(x) = C) f(x) = 7x 2x9 D) f(x) = 3 -2 f’(x) = E) f(x) = f’(x) = 5x f’(x) = G) f(x) = f’(x) = B) f(x) = 4x4 – 9x3 + x2 – 4x + 10 2 5 F) f(x) = 4 x f’(x) = 1 x e 2 H) f(x) = 5 ln x f’(x) = I) f(x) = e x x ln x J) f(x) = ln x4 f’(x) = f’(x) = K) f(x) = log 3 x L) f(x) = 7 x f’(x) = f’(x) = M) f(x) = -9x + ln (8x) N) f(x) = x2 ex [factor your final answer] f’(x) = f’(x) = O) f(x) = f’(x) = 3x 2 [simplify] x3 P) f(x) = ( x 6 10) 2 [simplify] f’(x) = FORMULA SHEET Derivative shortcuts • If f (x) = C, then f ’(x) = 0 • If f (x) = xn, then f ’(x) = n xn-1 • If f (x) = ku(x), then f ’(x) = ku’(x) • If f (x) = u(x) ± v(x), then f ’(x) = u’(x) ± v’(x). • If f (x) = ex, then f ’(x) = ex 1 • If f (x) = ln x, then f ’(x) = x • If f (x) = ax, then f ’(x) = ax ln a • If f (x) = log a x , then f ’(x) = 1 x ln a • If f (x) = U · V, then f ’(x) = U’ V + V’ U • If f (x) = U , then f ’(x) = V U ' V V 'U V2 • If f (x) = kUn, then f ’(x) = kn Un-1 U’ Profit function: P(x) = R(x) – C(x) Revenue function: R(x) = xp Marginal cost function: C’(x) Marginal revenue function: R’(x) Marginal Profit function: P’(x) Product Rule Quotient Rule General Power Rule Chain Rule