MTH 124 Practice Mini Test 1 MTH 124

Name: Section:

About This Exam:

This practice exam is designed to help you prepare for the upcoming exam. The types
of questions seen in this practice exam are representative of what you will see on the
actual exam. However, there could be content on the actual exam that is not
included in the practice exam.
You will benefit the most from this exam by treating it like a real exam. You should
study all the material before attempting the exam. When you do attempt the practice
exam allow yourself 50 minutes and only your calculator and a writing utensil.
You will be expected to show all your work and provide justification where necessary on
the actual exam.

Disclaimer: This practice test DOES NOT serve as an indication of

the contents of the actual test. It only suggests a possible format.

Page: 2 3 4 5 Total
Points: 18 9 11 12 50
Score:

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MTH 124 Practice Mini Test 1 MTH 124

True or False & Multiple Choice

Answer the following questions by choosing a single answer and clearly marking that choice. No credit will be given
for choices not clearly marked.

1. (3 points) The average rate of change of any constant function over any interval [a, b] where
a < b is 0.
True False

2. (3 points) The function H(t) = −t2 + 10t + 12 gives the height of a ball in feet, t seconds after
it leaves a child’s hand. Given this information the maximum height of the ball is 5 feet.
True False

3. (3 points) The revenue function R is given by the product of an items price, p, and the quantity
sold, q.
True False

4. (3 points) Given the data in Table 1, the average rate of change of f (x) over [2, 4] is 1.

x 0 1 2 3 4
f (x) 10 17 25 32 50

Table 1

True False

5. (3 points) The function P (t) provides the profit of a large corporation, in billions, t days after
the start of the year. Which of the following is the correct interpretation of P (60) = 5.

At the start of the year the company has a profit of 5 billion dollars.
60 days after the start of the year, the company’s profit is growing at a rate of 5 dollars
per day.
60 days after the start of the year, the company’s profit is 5 billion dollars.
5 days after the start of the year, the company’s profit is 60 billion dollars.
The rate of the growth of company’s profit eventually reaches 5 billion dollars per day.

6. (3 points) A population of yeast is modeled by P (t) = 120(1.03)t million yeast t days after the
start of an experiment. According to this model, at the start of the experiment the population
is 120 million and increases by 3.6 million yeast every day.
True False

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MTH 124 Practice Mini Test 1 MTH 124

7. (3 points) The plot in Figure 1 has the form y(x) = mx + b where m and b are some constants.
Which of the following statements is true?
y(x)
5
m > 0, b < 0.

m < 0, b < 0. x
−3 −2 −1 1 2 3
m > 0, b > 0.

m < 0, b > 0. −5
m = 0, b < 0.

m = 0, b > 0. −10

Figure 1

8. (3 points) The function A(t) = 2.15(1.001)t models the amount of money in an account, in
millions dollars, where t is years since 2012. Which of the following is true?

The account is growing, compounding annually at a rate of 100.1%.

The account is decaying, compounding annually at a rate of 100.1%.
The account growing, compounding annually at a rate of 0.1%.
The account is decaying, compounding continuously at a rate of 0.1%.
The account is growing, compounding continuously at a rate of 0.1%.
The account is growing, compounding continuously at a rate of 100.1%.

9. (3 points) Circle the plot below that correctly plots the secant line corresponding to the average
rate of change of f (x) over the interval [2, 4].

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MTH 124 Practice Mini Test 1 MTH 124

Short Answer

For the following question show all your work. Make sure your answers include any relevant units. No credit
will be given for answers without the appropriate amount of work shown.

10. To produce kayaks a small business has fixed costs of $4,000, variable costs of $150, and will sell
each kayak for $400.
(a) (3 points) Determine C(0), where C(q) is the cost function, and interpret its meaning.

(b) (4 points) How much does it cost the company to produce 2,000 kayaks?

(c) (4 points) Determine the minimum amount of kayaks the company needs to sell to earn a
profit.

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MTH 124 Practice Mini Test 1 MTH 124

11. A patient ingests 100 mg of a drug. The drug metabolizes so that the amount in the bloodstream
decreases continuously at a rate of 10% where time t is measured in hours.
(a) (6 points) What is the half-life of this drug?

(b) (6 points) The maximum amount of the drug which does not cause dangerous side effects
in a human is 150 mg. A patient took a 100 mg dose 4 hours ago. Is it safe for them to
take another 100 mg dose now? Explain your answer.