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Question 1: Which of the following functions, when defined on the set of non-negative real numbers, is increasing?
(A) f (x) = 13 − x3
(B) f (x) = −4x + 1
(C) f (x) = −4x2
(D) x2
(E) None of the above
Answer: (D) A function is increasing over a given domain if and only if the function has a positive first derivative
when evaluated at every point within that domain. In this case the domain is the set of positive real numbers.
Taking the derivatives of the above functions yields: (A) f 0 (x) = −3x2 , (B) f 0 (x) = −4, (C) f 0 (x) = −8x, (D)
f 0 (x) = 2x. Of these derivatives, only (D) f 0 (x) = 2x is positive when defined over the positive real numbers.
Question 2: Which of the following functions, when defined on the set of non-negative real numbers, is decreasing?
(A) f (x) = 2x
1
(B) f (x) = x 2
(C) x3 + 4x2 + x + 1
(D) −2(x2 + 9)
(E) None of the above
Answer: (D) A function is decreasing over a given domain if and only if the function has a negative first
derivative when evaluated at every point within that domain. Taking first derivatives yields: (A) f 0 (x) = (ln 2)2x ,
(B) f 0 (x) = 2√1 x , (C) f 0 (x) = 3x2 + 8x + 1, (D) f 0 (x) = −4x. Of these derivatives, only (D) f 0 (x) = −4x < 0 for
all positive real numbers x.
Question 3: Is f (x) increasing or decreasing at point x = 3?
f (x) = 5x2 − 4x − 89
f 0 (x) = 10x − 4
f 0 (3) = 10(3) − 4 = 26 > 0
1
Answer: Take the derivative and evaluate it at point x = 2.
Question 5: Which of the following functions is strictly concave over the set of non-negative real numbers?
(A) f (x) = 2x
1
(B) f (x) = x 2
(C) f (x) = 3x + 2
(D) f (x) = x3
(E) None of the above
Answer: (B) A function f (x) is strictly concave at the point x = a if and only if f 00 (a) < 0. The sign of the
first derivative is irrelevant in determining whether or not the function is concave! Check second
derivatives. (A) f 00 (x) = (ln 2)2 2x , (B) f 00 (x) = − √1 3 , (C) f 00 (x) = 0, f 00 (x) = 6x. We are looking for a function
4 x
that is strictly concave over the entire set of non-negative real numbers. Only (B) has a negative second derivative
for all non-negative real numbers.
Question 6: Which of the following functions is strictly convex over the set of non-negative real numbers?
(A) f (x) = 2x
1
(B) f (x) = x 2
(C) f (x) = 3x + 2
(D) f (x) = x3 − x2 + x
(E) None of the above
Answer: (A) A function f (x) is strictly convex at the point x = a if and only if and f 00 (a) > 0. The sign of
the first derivative is irrelevant in determining whether or not the function is convex! Check second
derivatives. (A) f 00 (x) = (ln 2)2 2x , (B) f 00 (x) = − √1 3 , (C) f 00 (x) = 0, (D) f 00 (x) = 6x − 2. We are looking for a
4 x
function that is strictly convex over the entire set of non-negative real numbers. Only (A) has a positive second
derivative over the entire set of real numbers (f 00 (x) = 6x − 2 > 0 if and only if x > 13 and thus f (x) = x3 − x2 + x
is not convex over the set of non-negative real numbers).
Question 7: Describe the concavity of convexity of f (x) over its domain <?
f (x) = (4 − 9x)3
Answer: Obtain the second derivative and find out for what values of x it is positive.
2
Question 8: Describe the concavity of convexity of f (x) over its domain <?
Answer: Obtain the second derivative and find out for what values of x it is positive.
As f 00 (x) > 0∀x > 5.4, the function is convex for those values, and concave ∀x < 5.4.
Relative Extrema
Question 9: Find the relative extrema for the following functions by (1) determining the critical value(s) and (2)
determining whether at these critical values the function is a relative maximum or minimum (or possible inflection
point).
f (x) = −8x2 + 12x + 3
3
yields critical values of:
p
−6 ± 62 − (4)(6)
x=
√ 2
−6 ± 36 − 24
=
2
√
−6 ± 2 3
=
2√
= −3 ± 3
√
Now need to determine whether or not the function is concave or convex at x = −3 ± 3 (again recall that
concavity implies relative maximum, convexity√implies relative√minimum!).
√ Second derivative of the function
√ is
00 00
f (x) = 12x + √36 which implies
√ that f (−3√+ 3) = 12(−3 + 3) + 36 = 3√> 0 (f (x) convex at x = −3 + 3)
and f 00 (−3 − 3) = 12(−3 − 3) + 36 = − √ 3 < 0 (f (x) concave at x = −3 − 3). Thus
√ the function f (x) attains
a relative maximum at the point x = −3 − 3 and a relative minimum at x = −3 + 3.
Question 11: Find the relative extrema for the following functions by (1) determining the critical value(s) and (2)
determining whether at these critical values the function is a relative maximum or minimum (or possible inflection
point).
f (x) = (x − 1)4
Answer: First take the first derivative and set it equal to zero:
Now take the second derivative and substitute the two critical values for x.
4
Therefore 3 is a minimum and 15 is a maximum. Finally, solve f 00 (x) = 0 to determine the existence of any
inflection points.
f 00 (x) = 0
−30x + 270 = 0
x=9 (7)
f (x) = (x + 6)3
Answer: First take the first derivative and set it equal to zero:
Now take the second derivative and substitute the critical value for x.
f 00 (x) = 6(x + 6)
f 00 (−6) = 0
As the second derivative is equal to 0 at the critical point, we say anything about the point. Perform the higher
derivative test:
The third derivative is the first non-zero higher derivative. As that is an odd numbered derivative, −6 is an
inflection point and the function has no maxima or minima.
Question 14: Find the relative extrema and inflection points of f (x).
Answer: First take the first derivative and set it equal to zero:
Now take the second derivative and substitute the critical value for x.
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Optimization
Question 15: Optimize the following function by (1) finding the critical value(s) at which the function is optimized
and (2) testing the second-order condition to distinguish between a relative maximum or minimum and (3) the
values of the relative extrema for the function.
f (x) = x2 + 6x + 9
(A) x = 4, relative minimum; x = −8, relative maximum; f (4) = −201 and f (−8) = 663
(B) x = −4, relative minimum; x = 8, relative maximum; f (−4) = 200 and f (8) = −665
(C) x = 4, relative minimum; x = 8, relative maximum; f (4) = −201 and f (8) = 663
(D) x = 4, relative minimum; x = −8, relative maximum; f (4) = −154 and f (−8) = 653
(E) None of the above
Answer: (A) To find critical values take first derivative and set it equal to zero, then solve for x: f 0 (x) =
3x2 + 12x − 96 = 0 implies that 3(x2 + 4x − 32) = 0 which implies that (x − 4)(x + 8) = 0. Thus we have
critical values of x = 4 and x = −8. Check the sign of the second derivative to determine concavity or convexity:
f 00 (x) = 6x + 12, thus f 00 (4) = 36 > 0 which implies f (x) is convex at x = 4 (relative minimum); f 00 (−8) =
−36 < 0 which implies that f (x) is concave at x = −8 (relative maximum). Relative extrema of the function are
f (4) = 43 + 6(42 ) − 96(4) + 23 = −201 and f (−8) = (−8)3 + 6(−8)2 − 96(−8) + 23 = 663.
Question 17: Optimize the following function by (1) finding the critical value(s) at which the function is optimized
and (2) testing the second-order condition to distinguish between a relative maximum or minimum and (3) the
value(s) of the relative extrema for the function.
Answer: Take the first derivative and set it equal to zero, then solve for x:
6
Now take the second derivative and substitute the critical values for x.
Answer: Take the first derivative and set it equal to zero, then solve for x:
Now take the second derivative and substitute the critical values for x.
Answer: Take the first derivative and set it equal to zero, then solve for x:
Now take the second derivative and substitute the critical values for x.
As f 00 (−20) > 0, −20 is a minimum; as f 00 (−7) < 0, −7 is a maximum; as f 00 (0) > 0, 0 is a minimum.