Exercises Week 5 Mathematics 1 for Economics

Homework 4A to make after Lecture 4A

Remark: Tutorial exercises are red. During the tutorial there will be time to work on these exercises.

• Problem 0
x2
Find the integral:  3
2x3 + 9
dx

• Problem 1
Find the following integrals:
a) ∫(𝑥 + 6 + 𝑒 𝑥 ) 𝑑𝑥 f)  dt
 7 y(5 y + 3) dy
1
b) g)  2 x dx
8x 2
 x dx  (5 + x5 )dx
x
c) h)

x −1 −4
d)  x dx i)  (3x)3 dx
x4 − 5x2 + 2 x
 (0.2 y − 6 y −2 + 1) dy  5x2 dx
4
e) j)

• Problem 2
Find the following integrals:
(2 x − 1)  ( x + 3) e x + e2 x
a)  6
dx d)  e x dx
x3 −1
 10  x 2 dx
3x
b) dx e)

 4 dx
2
y
7x
c) 2
( y + )dy f)
3

• Problem 3
Find the following integrals:
 2 6 −8 
 ( x + x) (2 x + 1)dx   4 x + 1 − (4 x − 8x )( x − x )  dx
2 6 2 5 3
a) f)

5 x
b)  (3x − 1) 3
dx g)  3 x2 + 5 dx
1
− x2 3e2 x
c)  xe 2
dx h)  e2 x + 1 dx
2 x − 2 x −2 x+3
d)  x2 + 2 x−1 dx i)  x + 6 dx
 2 x (7 − e x
x2 / 4 2
+3
e) )dx j) ex dx

Tip: Continue practicing this topic in Grasple: Indefinite Integrals.

 Exercises Week 5 Mathematics 1 for Economics

• Problem 4
Find y subject to the given conditions:

a) y '' = −3 x 2 + 4 , y '(1) = 2, y (1) = 3

b) y ' ' ' = 2 x , y ' ' (−1) = 3, y ' (3) = 10, y (0) = 13

• Problem 5
Find the following integrals:
2
 x − 1 1
a)   2x  dx e)  5x(ln x)7 dx.

x2 x2 + 3
b)  1 + 2x dx . f)  x+6
dx

 5x
5x
c) 5 − x 2 dx . g) x dx
2
− 10 x + 25
3x + 6
d)  e x + 4x2
dx .
Note: these questions are collected from exams of the years 2009-2012.

• Problem 6
Find the definite integrals:
2 2

 ( x − 1) dx  (x + 3x 2 − 7 ) dx
5
a) f)
0 −1
−2
1 
4

  x + x  dx e
2x
b) g) dx
3 −3
0 4

(x + x ) dx 
2
c) h) x dx
3 1
−1 3

 ( x + 3) (x + 3x3 ) dx
2 2
d) dx i)
−2 1
−1

e
−0,1 x 1 3
e) dx j) ∫0 𝑥 2 √7𝑥 3 + 1 𝑑𝑥
1

• Problem 7
Find the definite integrals:
1 1

 2x ( x − 1) dx
2x 3
0 8 − x 2 dx
2 3
a) d)
0
1 1
x3
b) 0 1 + x4 dx e) y
−1
y 2 + 3 dy

x +1 x 6 + 6 x 4 + x3 + 8 x 2 + x + 5
3 2

c) 2 x2 + 2 x + 2 dx f) 0 x3 + 5 x + 1
dx
 Exercises Week 5 Mathematics 1 for Economics

Tip: Continue practicing this topic in Grasple: Definite Integrals

• Problem 8
Find the (total) area of the region(s) enclosed by the graph of the given function, the x-as and the lines
x = a and x = b over the interval [a,b].
a) f ( x ) = x −1 in [0,2]
b) f ( x) = x − x − 2
2
in [-2,2]
c) f ( x ) = x2 + 2x + 2 in [-2,1]
d) f ( x ) = 3x in [-3,-2]
e) f ( x) = 8 x in [-2,1]

Find the area enclosed by the x-axis and the graph of the functions:
f) 𝑓(𝑥) = 𝑥 2 + 4𝑥 − 5
g) f ( x ) = 4 + 3x − x 2

• Problem 9
Find the area enclosed by the graphs of both functions:
a) 2 y = 4 x − x 2 and 2 y = x − 4 .
1
b) 4 x + 4 y + 17 = 0 and y = .
x

• Problem 10
Given are the functions:
𝟐
𝒇(𝒙) =
𝒆𝟒𝒙−𝟒
𝟏
𝒈(𝒙) = 𝟏 + √𝟐𝒙 + 𝟐 , with domain [−𝟏, ∞)
𝟐

a) Show that the graphs of 𝑦 = 𝑓(𝑥) and 𝑦 = 𝑔(𝑥) intersect for x = 1 .

1
b) Find the exact value of ∫0 𝑔(𝑥)𝑑𝑥 .
1
c) Compute ∫0 𝑓(𝑥)𝑑𝑥 .
d) Find the area of the region enclosed by the x-axis, the y-axis, and the graphs of the functions f
and g.
 Exercises Week 5 Mathematics 1 for Economics

Homework 4B to make after Lecture 4B

• Problem 0
The growth of the population of a certain village is given by 𝑃′(𝑡) = 5000𝑒 −4𝑡 . At this moment
(𝑡 = 0) there are 12000 inhabitants. How much will the population increase in the long run?

• Problem 1
The sole producer of a product has determined that the marginal-revenue function is
dr
= 100 − 3q 2
dq
a) Determine the revenue function 𝑟(𝑞).
b) Determine the demand function 𝑓(𝑝) and the inverse demand function 𝑓(𝑞).
c) Determine the price elasticity of demand for the product in the point q = 5.

• Problem 2
Given the following marginal-cost functions for a manufacturer’s product. If c is in euros, determine
the cost involved to increase production.
dc
a) = 0.004q 2 − 0.5q + 50 , production is increased from 90 units to 180 units.
dq
dr 2000
b) = , production is increased from 500 units to 800 units.
dq 300q
dc 1000
c) = , production is increased from 10 units to 33 units.
dq 3q + 70

• Problem 3
In a market model is given: “inverse” Demand function: p = f (q ) = 450 − 152 q
“inverse” Supply function: p = g (q ) = 14 q
2

p is the price of one unit (in €) and q is the number of units.

a) Draw the graphs of both functions in one figure. b) Find the equilibrium point.
c) Find the Consumer Surplus. d) Find the Producer Surplus.

• Problem 4
a) In a market model is given: Demand function: 𝑞 = 𝑓(𝑝) = 400 − 𝑝2
𝑞
“inverse” Supply function: 𝑝 = 𝑔(𝑞) = 60 + 5
p is the price of one unit (in €) and q is the number of units
Calculate Consumer Surplus and Producer Surplus under market equilibrium.
b) In a market model is given: “inverse” Demand function: 𝑝 = 𝑓(𝑝) = 0.01𝑞2 − 1.1𝑞 + 30
“inverse” Supply function: 𝑝 = 𝑔(𝑝) = 0.01𝑞2 + 8
p is the price of one unit (in €) and q is the number of units
Calculate Consumer Surplus and Producer Surplus under market equilibrium.
 Exercises Week 5 Mathematics 1 for Economics

c) In a market model is given: “inverse” Demand function: 𝑝 = 𝑓(𝑞) = (𝑞 − 5)2

“inverse” Supply function: 𝑝 = 𝑔(𝑞) = 𝑞 2 + 𝑞 + 3
p is the price of one unit (in €) and q is the number of units
Calculate Consumer Surplus and Producer Surplus under market equilibrium.
Tip: Continue practicing this topic in Grasple: Consumersurplus & Producersurplus.
• Problem 5
Determine the improper integrals, if they exist. Indicate those that are divergent:
 0
1
1 x5 dx e
3x
a) d) dx
−
 
2 1
b) 
1 x
dx e)  2 x + 1 dx
1
 
5 x
c)  12 x dx f)  dx
(x + 9)
2 3
4 2
3

Tip: Continue practicing this topic in Grasple: Improper Integrals.

• Problem 6
The function, f ( x ) = 13 (1 − x ) , where 0  x  3 , is a probability density function.
2

Find each of the following probabilities:

5
a) 𝑃(1 ≤ 𝑋 ≤ 2) b) 𝑃 (1 ≤ 𝑋 ≤ 2)
c) 𝑃(𝑋 ≤ 1) d) 𝑃(𝑋 ≥ 1)

• Problem 7
The function, f ( x) = 10
9 x2
, where 1  x  10 , is a probability density function.
Find P (1  X  4 ) and P (1  X  10 ) .
 Exercises Week 5 Mathematics 1 for Economics

Instruction Seminar 4 to prepare after Lecture 4B

Remark: Bold exercises will be discussed in class, (Italic) if the time allows it.

• Problem 1
2𝑥 2
Find the following integral: ∫ 3−4𝑥 3 𝑑𝑥.

• Problem 2
Find the area enclosed by the graphs of both functions:
𝑓(𝑥) = 𝑥 2 − 8𝑥 + 15 and 𝑔(𝑥) = −2𝑥 2 + 16𝑥 − 30.

• (Problem 3)
𝑑𝑐 2000
Given the following marginal-cost function = for a manufacturer’s product. If c is in
𝑑𝑞 √6𝑞 + 280
euros, determine the cost involved to increase production from 20 units to 66 units.

• Problem 4
210
In a market model is given: “inverse” Demand function: 𝑝 = 𝑓(𝑞) = ,
2𝑞+1
“inverse” Supply function: 𝑝 = 𝑔(𝑞) = 4 + 𝑞 − √𝑞 + 6
𝑝 is the price of one unit (in €) and 𝑞 is the number of units.
a) Compute 𝑓(10) and 𝑔(10)
b) Find the equilibrium price 𝑝∗ and the equilibrium quantity 𝑞 ∗.
c) Find the Producer Surplus
d) Find the Consumer Surplus.

• Problem 5
𝟎 𝟏
Determine the improper integral ∫−∞ 𝒅𝒙, if it exists.
√𝟏−𝒙

• Problem 6
dP 40 000
The predicted rate of growth per year of the population of a city is given by = ,
dt ( t + 2 )2
where t is the number of years from now. In the long run (that is, as t →  ), what is the expected
change in population from today’s level?

• (Problem 7)
−5 x
The function, f ( x) = 5  e , x  0 , is a probability density function. Find P ( X  1) .