U.A.E.

University, Department of Mathematical Sciences

Calculus for Business and Economics, Mid term Exam, Spring 2008

Student Name:

ID:

Teacher Name:

Section:

1. Evaluate the following limits:

(A)
lim

h0

1
a+h

a1
, a 6= 0.
h

(B)
2 3x3
.
x 7 + 4x3
lim

2. The point at which a companys costs equals its revenue is the break-even. C represents cost,
in Dirhams, of x units of a product. R represents the revenue, in Dirhams, for the sale of x
units. Find the number of units that must be produced and solid in order to break even.
C = 15x + 12000,

R = 18x 6000.

3. Provide an appropriate response:

(A) the graph of the function
f (x) = 2x 1.

Calculus for Business and Economics / Mid term Exam / Spring 2008

8
6
6
4
4
2
2
-3

-2

-1

3
-3

-2

-1

8
6
6
4
4
2
2
-3

-2

-1

3
-3

-2

-1

Figure 1:

(B) The solution(s) to the equation:

log(x + 10) log(x + 4) = log(x).
2
2, -5
6
-5
(C) Assume that a savings account earns interest at the rate of 2 per cent compounded
monthly. If this account contains 1000 Dhs now, how many months will it take for this amount
to double if no withdrawals are made?
417 months
408 months
12 months
450 months
(D) Determine the points at which the function is not continuous
2
x 9 for x < 1
0
for 1 x 1
f (x) =
2
x + 9 for x > 1
-1, 1
-1,0, 1
1
None

Calculus for Business and Economics / Mid term Exam / Spring 2008

(D) Suppose that the value V of a certain product decreases, or depreciates, with time t, in
months, where
V (t) = 24

16t2
.
(t + 2)2

Find limt V (t).

8
16
24
20
(E) Find the average rate of change for f (x) =

2x if x changes from 2 to 8.

1
3;

2;
7;
3
10
.

4. Which of the following graphs are functions:

2
0.10

0.05
-2
-0.3

-0.2

0.1

-0.1

0.2

-1

0.3
-1

-0.05
-0.10

-2

-0.15
-3
-0.20
6

2
6
4
-1
2
-2
-4

-2

-2
-4
-4
-6

-6

Figure 2: