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Exercise_C4-no-Ans

This document covers various mathematical concepts related to derivatives, limits, and functions. It includes problems on finding limits, derivatives of functions, marginal cost and revenue, elasticity of demand, and profit maximization. Additionally, it presents scenarios for competitive firms to determine optimal labor inputs for profit maximization.

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vvuhhongquang
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3 views

Exercise_C4-no-Ans

This document covers various mathematical concepts related to derivatives, limits, and functions. It includes problems on finding limits, derivatives of functions, marginal cost and revenue, elasticity of demand, and profit maximization. Additionally, it presents scenarios for competitive firms to determine optimal labor inputs for profit maximization.

Uploaded by

vvuhhongquang
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1.

CHAPTER 4 - DERIVATIVE OF FUNCTIONS 1

1 Chapter 4 - Derivative of functions


1. Find the following limits if they exist:
3 2 +5
a) lim (2xx 2−3x
+4)(6−x)
x→∞
1 3

b) lim 1−x − 1−x 3
x→1  
x3 x2
c) lim 2x2 −1 − 2x+1
x→∞ √
2 +1−1
d) lim √xx2 +16−4
x→∞

2. Find derivative
q of following functions:
1+x
a) y = 1−x
√
b) y = x2 + 2x + 5
2
c) y = ex −3x .x2
√
3. Let Q = 15 3 L be the product function, L be the labor. Find M P PL as L=8, L=1000, explain
results.

4. Find MC and AC of following total cost functions:


a) T C = 3Q2 + 7Q + 12
b) T C = 2Q3 − 3Q2 + 4Q + 10.

5. Let T R = 200Q − 3Q2 be the total revenue function. Find MR and and the inverse demand
function.

6. Let Q = 3200 − 0, 5p2 be the demand function.


a) Find the elasticity coefficient of demand function at the price p where p<80.
b) Find the elasticity coefficient of demand function at the price p=20, p=50.

7. Let π = − 31 Q3 + 14Q2 + 60Q − 54 be the profit function. Find Q to maximize π.

8. Find Q to maximize π, given that:


a, T R = 4000Q − 33Q2 , T C = 2Q3 − 3Q2 + 400Q + 5000.
b, T R = 4350Q − 13Q2 , T C = Q3 − 5, 5Q2 + 150Q + 675.

9. Let M R = 5900 − 20Q, M C = 6Q2 − 8Q + 140 be the marginal revenue and the marginal cost
of a firm. Find Q to maximize the profit function.
√
10. Let Q = 6 L be the product function of a competitive firm. Given that the wage of labor is
14$ and the demand function Qd = D(p) = 750 − p. Find L to maximize the profit function.
√3
11. Let Q = 12 L2 be the product function of a competitive firm. Given that the wage of labor is
40$ and the price of 1 unit of product is 20$. Find L to maximize the profit function.

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