SUBMISSION FROM

PORTMORE COMMUNITY COLLEGE

For the

ASSOCIATE DEGREE EXAMINATIONS

PROGRAMME: ASSOCIATE DEGREE IN BUSINESS

COURSE NAME: BUSINESS CALCULUS

CODE: MATH 2301

SUBMITTED BY: JULIAN MURRAY

FOR USE IN:

SUBMITTED IN:

INSTRUCTIONS:

SECTION A: ANSWER ALL QUESTIONS IN THIS SECTION.

SECTION B: ANSWER ANY TWO (2) QUESTIONS FROM THIS SECTION.

DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO

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 SECTION A
Instructions: On the computerized answer sheet provided, shade the letter that corresponds
with the most appropriate response for each of the following.

1. lim 7=¿ ¿
x→ 4

A. 7
B. 4
C. -3
D. 0

dy
2. If y=(3 x+ 2)5, then =¿
dx

E. 3
4
F. 5(3 x +2) ,
4
G. 15(3 x +2) ,
H. 15

3. A stationary point exists when:

I. It is not moving.
J. The first derivative is equal to 0
K. When the second derivative is equal to 0
L. When the derivative is negative.
3

4. Given that f ( x )=e x , f ' ( x )=¿

3
M. x 3
3 x
N. x e
O. 3 x2 x3
3
2 x
P. 3x e

d
ln ( x + 5 x ) =¿ ¿
2
5.
dx

Q. ( x 2 +5 x )
1
R.
( x +5 x )
2

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 2 x +5
S.
( x 2+5 x )
T. 2 x+5

6. Given that f ( x )=x 2−10 x , what is the value of x for which f ( x) has a stationary point?

Unit Objective U. 5
V. -5
[U] [O] W. 10
X. 10

7. A function, f (x) has a point of inflection when

A. f ( x )=0
B. f '' ( x) > 0
[U] [O]
C. f '' ( x) < 0
''
D. f ( x ) =0

8. g ( x )=x 2−2 x .What are the coordinates of the stationary point?

Y. (1,-1)
[U] [O] Z. (-1,1)
AA. (2,3)
BB. (5,7)

9. The total cost function for a certain product is C ( x )=3 x 2 +550 x + 4000. Which of the
functions below represents C ' ( x ) , the marginal cost function?

[U] [O] A. 6x
B. 550
C. 4000
D. 6 x +550

Questions 10-14 refer to the function below: f ( x , y )=x 3−5 x 2 y 3 +10 y 2

[U] [O]
10. f x =¿
CC. 3 x 2−10 x y 3
DD. 3 x 2−10 x

[U] [O]
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 EE. 20 y
FF. -15 x 2 y 2 +20 y

11. f y =¿

GG. 3 x 2−10 x y 3
HH. 3 x 2−10 x
II. 20 y
JJ. -15 x 2 y 2 +20 y

12. f xx

Unit Objective KK. 6 x−10

LL. 0
[U] [O] MM. 6 x−10 y 3
NN. −30 x y 2 +20

13. f yy

OO. −30 y x 2 +20

[U] [O] PP. 3 x 2−10 x
QQ. -15 x 2 y 2 +20 y
RR. 20y

14. f xy

2
SS. −30 y x
[U] [O] TT. 6 x−10
UU. 6 x−10 y 3
2
VV. 3x y

15. ∫ (3 x2 ¿ +2 x) dx=¿ ¿
WW. 6 x +2+c
[U] [O]
XX. 3 x 3 + x 2+ c
YY. x 3+ x2 + c
ZZ. 3 x 2+c

16. ∫ (3 x−2)5 dx
[U] [O]
AAA. 15(3 x−2)4 + c

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[U] [O]
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 (3 x−2)6
BBB. +c
18

CCC. (3 x−2)5+ c
DDD. 6 x +c

1
17. ∫ x dx=¿
A. x 2+ c
1
B. ln +c
x
0
x
C. +c
0
D. ln |x|+ c

18. The revenue function for a monopolist’s product is. R ( x ¿=−3 x 2+ 60 x +500. For which
value of x is the revenue maximized?
Unit Objective EEE. 10
FFF. -10
[U] [O] GGG. 500
HHH. 60

2 5
19. The demand equation for Reggae Jammings CD company is given by p=x +7 x +
x
where x is the number of units produced. What is the revenue function?
[U] [O] A. 3 2
x + 7 x +5

5
B. x 3+ 7 x2 + 2
x
x4
C. 7 x3
4+ ¿+ +5lnx ¿
[U] [O] 3
3 2
D. x + 7 x +5 x

20. Given that f ( x )=x 3+4 x2 −7 x+3 , then f '' ( x ) =¿

[U] [O] III. 3 x 2+ 8 x−7

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 JJJ. 6 x +8
KKK. -7
LLL. 8 x−7

21. Determine the coordinates of the points where f ( x )=x 2−4 x +3 cuts the x−¿ axis.

MMM.(0,-3) and (-1,0)

NNN. (-2,-1) and (0,-1)
OOO. (-1,-3) and (0,0)
PPP. (3,0) and (1,0).

22. Determine the coordinates of the points where f ( x )=5 x 2−7 x +3 cuts the y−¿ axis.

QQQ. (-2,0)
RRR. (0,1)
SSS. (0,-3)
TTT. (0,3).

23. Given that f '' ( x ) =¿ 3 x−3 . Determine the value of x for which f ( x ) has a point of
inflection.

UUU. -1
VVV. 1
WWW. 0
XXX. -3

dy
24. Given that y=x 2 e x . =¿
Objective dx

[O] YYY. x 2 e x
ZZZ. 2 x e x
x 2 x
AAAA. 2 x e +x e
x
BBBB. 2 x e

[O]
25. ∫ (x 4 ¿ +3 x 2) dx=¿ ¿
x4 x3
CCCC. −¿ +c
5 3

[O]
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 DDDD. x 5−x 3 +c
5
x 3
EEEE. +x +c
5
5 1 3
FFFF. x − x +c
3

26. ∫ 2 xdx=¿ ¿
0

GGGG. 1
HHHH. -4
IIII. 0
JJJJ. 4

27. f ( x ) is increasing when

KKKK. f ( x ) >0
LLLL. f ( x ) <0
MMMM. f ' ( x ) >0
NNNN. f ' ( x ) <0

3 4x dy
28. y=x e , =¿
dx
3 4x
A. x e
2 4x
B. 3x e
2 4x 4x 3
C. 3 x e +4e x
D. e4 x

29. If f ( x )=e2 x, then f '' ( x ) =¿

Unit OOOO. 2x
e
PPPP. 2 e 2 x
[U]
QQQQ. 4 e2x
RRRR. 8 e 2 x

[U]
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 Unit 30. 3 2
f ( x )=x −6 x . What is the x coordinate of the point of inflection?
[U]
A. 2
B. -2
C. 4
D. -4

[U]

[U] SECTION B

Instructions: Answer any two (2) questions from this section.

Unit
Objective [Question 1]

(a) Given that f ( x )=x 3−6 x 2.

[U]
[U]
[O] Determine:
(i) f ' (x ) [2 marks]
[U]
[O] (ii) The coordinates of the stationary points. [6 marks]

[U]
(iii) f '' (x ) [2 marks]

(iv)The nature of each stationary point. [4 marks]

[U] (v) The coordinates of the point of inflection. [2 marks]

[O]
(vi)The x and y intercepts. [4 marks]
[U]
(b) Hence sketch the graph of that f ( x )=x 3−6 x 2 [5 marks]
[U]
[O]
[Question 2]

(a) Integrate with respect to x .

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 (i) 8 x 3−6 x 2+ 4 x +2 [5 marks]

(ii)(3 x+ 6)4 [3 marks]

(b) Evaluate ∫ (3 x 2−8 x 3 ¿ )¿ [5 marks]

−2

(c) The marginal revenue function for a monopolist’s function is R' ( x ) =0.6 x2 + 4 x 3.

Given that when 0 items are produced the revenue is $500, determine the revenue function.

[4 marks]

(d) Differentiate with respect to x :

(i) (6 x 2 +4 x 3 )3 [3 marks]

(ii) x 3 e5 x + ln ⁡(5 x 2+7) [5 marks]

[Question 3]

A (a) Given that f ( x , y )=−2 x2 +2 xy−3 y 2 +4 x+8 y −20

Determine:

(i) f x [2 marks]

(ii) f y [2 marks]

(iii) f xx [2 marks]

(iv) f yy [2 marks]

(v) f xy [2 marks]

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 (b) Determine (i) the coordinates of the stationary point. [4 marks]

(ii) the nature of the stationary point. [4 marks]

2 1

B. Evaluate∫ ∫ 24 x y dxdy
2 3
[7 marks]
−1 0

[Question 4]

(a) Jet Com Motors manufactures motorbikes for the local market. It costs $200 to produce each

motorbike and fixed costs are $1500 per day.

Determine (i) The company’s Total cost function to produce x motorbikes per day. [3 marks]

(ii) The revenue function given that the demand equation is p=600−5 x . [3 marks]

(iii) The profit function. [3 marks]

(iv) The marginal profit function. [3 marks]

(v) The profit maximizing output. [3 marks]

(vi) The corresponding maximum profit. [2 marks]

(vii) The price at which profit is maximised. [3 marks]

(b) The total cost function for CUSCUS perfume company is C ( x )=5 x 3 +25 x2 +300

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 Calculate the marginal cost when 20 units are produced. [4 marks]

Interpret your answer. [1 mark]

COUNCIL OF COMMUNITY COLLEGES OF JAMAICA

DEGREE EXAMINATIONS

SEMESTER 1 – 2018 DECEMBER

PROGRAMME: ADB
COURSE NAME: BUSINESS CALCULUS
CODE:
YEAR GROUP:
DATE:
TIME:
DURATION: HOURS
EXAMINATION TYPE: FINAL

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Solutions

Section A

1 A 11 D 21 D
2 C 12 C 22 D
3 B 13 A 23 B
4 D 14 A 24 C
5 C 15 C 25 C
6 A 16 B 26 D
7 D 17 D 27 C
8 A 18 A 28 C
9 D 19 A 29 C
10 A 20 B 30 A

Section B

[Question 1]
(a)
(vi) f ' ( x )=3 x 2−12 x . [2 marks]
2
(vii) 3 x −12 x=0
3 x ( x−4 ) =0
x=0 or 4
f ( 0 )=03 −6(0)2
=0
3
f ( 4 ) =4 −6 ¿
=-
Stationary points are (0,0) and (4, -32). [6 marks]

(viii) f '' ( x ¿=6 x−12. [2 marks]

(ix) f '' (0 ¿=¿6(0)-12
= -12(<0)
So (0,0) is a relative maximum. [ 2 marks
f (4 ¿=¿ 6(4)-12
''

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 = 12(>0)
So (4,-12) is a relative maximum [ 2 marks]

(x) 6 x−12=0
x=2

f ( 2 ) =23−6(2)2 = -16
Point of inflection is (2,-16)

(xi) x 3−6 x 2=0

2
x ( x−6 )=0
x=0 or 6
At y axis , x=0 , y=03−6 (0)2
=0 [4 marks]

(b)

[5 marks]

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[Question 2]
4 3 2
8x 6 x 4 x
(b) (i) ∫ ( 8 x 3−6 x2 + 4 x+ 2 ) dx= − + +2 x +c
4 3 2
=2 x 4−2 x 3+ 2 x 2 +2 x +c [5 marks]

5
(3 x +6)
(ii) ∫ (3 x+6)4= 15
+c [3 marks]

(b) ∫ (3 x 2−8 x 3 ¿ )¿ 3
=[ x −2 x ]−2
4 3

−2
= (33−2(3¿¿ 4) ¿−¿ ¿ ¿
= (-135)- (-40)
= -95 [5 marks]

(c) R=∫ (0.6 x +4 x ¿ )dx ¿.=0.2 x 3+ x 4 + c

2 3
[4 marks]

d
(d)( i ) (6 x 2+ 4 x 3)3=3¿
dx

= (36 x +36 x 2)¿ [3 marks]

d 2 5x 5x 3 10 x
(ii) ¿ = 3 x e +5 e x + 2 [5 marks]
dx 5 x +7

[Question 3]

A (a ) f ( x , y )=−2 x2 +2 xy−3 y 2 +4 x+8 y −20

f x = −4 x+ 2 y + 4
f y = 2 x−6 y +8
f xx =¿-4
f yy = -6
f xy =2 [10 marks]

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 (b) (i) −4 x+ 2 y=−4
2 x−6 y=−8× 2
4 x−12 y =−16
−10 y=−20
y=2
−4 x+ 2 ( 2 )=−4
x=2 [4 marks]
Stationary point is (2,2)

(ii) D= (−4 )(−6 )−22=20(>0)

= f xx =¿-4(<0)

(2,2) is a local maximum [4 marks]

[Question 4]
(a)

(i) C ( x )=200 x +1500 [3 marks]

(ii) R(x )= x (600−5 x )
=600 x−5 x 2 [3 marks]

(iii) P ( x ) =600 x−5 x 2−(200 x+ 1500)

= −5 x 2+ 400 x−1500 [3 marks]
(iv) P' ( x )=−10 x + 400 [3 marks]
(v) −10 x+ 400 =0
x=40 [3 marks]
(vi) P=−5¿
=$6500 [2 marks]
(vii) 600−5(40)= $400 [3 marks]
(c) C ' ( x )=15 x 2+50 x

C ' ( 20 )=15 (20)2+50 (20)

= $7000 [4 marks]
The cost of producing the 21st item is $7000 [1 mark]

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