11ES Math Sheet5

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11 Hum

Mathematics Sheet 4 Economical functions

Exercise 1

Exercise 2

Exercise 3

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Exercise 4

Exercise 5
x2  2 x  5
Consider the function f defined by f ( x)  . Designate by (C) its
x
representative curve in an orthonormal system.

Part A.
1) Determine the domain of definition of f .
2) Calculate the limits of f at the open boundaries of this domain. Deduce an
asymptote to (C).
c
3) Show that f ( x) can be written in the form f ( x)  ax  b  , where a, b and c
x
are three real numbers to be determined.
4) Verify that the line (d) of equation y  x  2 is an asymptote to (C).
5) Calculate f '( x) and setup a table of variations of f.
6) Show that I(0, 2) is a center of symmetry of (C).
7) Draw (d) and (C).
8) Write the equation of the tangent to (C) at the point of abscissa 1.

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Part B.

The total cost of fabrication of a certain liquid quantity x, expressed in hundreds of


x2  2 x  5
kilograms, is defined by C ( x)  ; C ( x) is expressed in ten thousands of
x
dollars.
1) Determine the marginal cost function Cm ( x) .
2) Determine the average cost for producing 400 kg. Give economical interpretation.
3) Suppose that each kilogram is sold for 200 dollars.
a) Find the revenue function R( x) obtained from selling x hundred kilograms.
b) Prove that P( x)  f ( x) .
c) Find the level of production that yields to breaking even level.
d) Indicate the minimal number of units that should be fabricated in order that the
factory achieves a profit.

Exercise 6

Part A.
x2  9
Let f be the function defined on 0,  by f ( x)  and let (C) be its
4x
representative curve in an orthonormal system.

1) Find lim f ( x) and lim f ( x) and give a geometrical interpretation of the results.
x x0

c
2) Find the real number a, b and c so that f ( x)  ax  b  .
4x
x
3) Prove that (d): y  is an oblique asymptote to (C).
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4) Study the relative positions of (d) and (C).
5) Calculate f '( x) and setup a table of variations of f.
6) Draw (d) and (C).
7) Solve the equation f ( x)  3 .

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Part B.
A factory fabricates pants. The total cost, expressed in millions of L.L., is defined over
x2  9
0,10 by C ( x)  where x is the number of hundreds of pants fabricated.
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1) Find the total cost if the quantity is 300 pants.
2) Determine the quantity of pants if the cost is 10 millions L.L.
3) a) Determine the average cost function C ( x) .
b) Find the minimum value of C and the corresponding value of x then give an
economical interpretation of the result.
c) Find the number of pants produced if the average cost is 3 millions L.L.
4) If each pants is sold for 30000 L.L.
a) Find the revenue function R( x) if all the quantity was sold and draw the graph
of R( x) in the same system as f ( x) .
b) Find the profit function and then deduce the breakeven level.
c) Determine graphically the minimum number of pants to be produced in order
to realize profit.

Exercise 7
x2
Consider the function f defined by f ( x)  . Designate by (C) its representative
x 1
curve in an orthonormal system.

Part A.

1) Determine the domain of definition of f .


2) Calculate the limits of f at the open boundaries of this domain. Deduce an
asymptote to (C).
c
3) Show that f ( x) can be written in the form f ( x)  ax  b  , where a, b and c
x 1
are three real numbers to be determined.
4) Verify that the line (d) of equation y  x  1 is an asymptote to (C).
5) Study the relative positions of (d) and (C).
x2  2 x
6) Verify that f '( x)  and setup a table of variations of f.
 x  1
2

7) Draw (d) and (C).


8) Solve the equation f ( x)  5 .

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Part B.

An enterprise manufactures gloves. The total cost of producing x gloves is given by the
1
function: C ( x)  x  1  where x  0,10 and x is expressed in hundreds of gloves
x 1
and C ( x) is expressed in millions of L.L.

1) Find the fixed cost, and then find the cost of 400 gloves.
2) Find the number of gloves when the cost is 5000000 L.L.
3) Determine the number of gloves to be produced for the total cost to be minimum.
Find this minimum cost.
4) If each glove is sold for 40000 L.L.
a) Find the revenue function R( x) if all the quantity was sold. Then draw the
representative graph of R( x) in the same system as f ( x) .
b) Find the profit function and deduce the root of the equation R( x)  C ( x) .
Give an economical interpretation of the obtained result.

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