Maths assignment 2

1. Dierentiate

(a) y = 9x3 7x2 + 15

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(b) f (x) = 4x2
(c) Y (t) = 100t1:3
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(d) P (Q) = Q2 4Q 2

2. Find the rst and second derivatives of the production function F (L) =
2
100L + 200L 3 (for L 0) and hence determine whether the rm has
decreasing, constant, or increasing returns to labour.
3. Find all of the stationary points of the following functions. Show whether
each of these stationary points corresponds to maximum, a minimum or
an inection point.

(a) y = 3x x2 + 4
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(b) g (x) = 6x 2 x
4
(c) f (x) = x 8x3 + 18x2 5

4. The number of meals, y, produced in a hotel kitchen depends on the

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number of cooks, n, according to the production function y (n) = 60n n5

(a) What is the marginal product of labour?

(b) Does the kitchen have increasing, constant, or decreasing returns to
labour?
(c) Find the following for when the number of cooks is 1, 5 , 10 and 15.
i. the output of the kitchen
ii. the average output per cook
iii. the marginal product of labour
(d) What is the maximum number of meals that can be produced?
x+1
5. For what values of a is y (x) = x+a an increasing function of x?
6. Dierentiate

(a) e3x
(b) ln 3x2 + 1
3
(c) ex
1
(d) e2x x + x

7. Does the production function F (L) = ln (2L + 5) have increasing or de-

creasing returns to labour?