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The position function s ( t ) = t 3 8 t gives the position in miles of a freight train where east is the positive direction and t is measured in hours.

  1. Determine the direction the train is traveling when s ( t ) = 0 .
  2. Determine the direction the train is traveling when a ( t ) = 0 .
  3. Determine the time intervals when the train is slowing down or speeding up.
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The following graph shows the position y = s ( t ) of an object moving along a straight line.

On the Cartesian coordinate plane, a function is graphed that is part of a parabola from the origin to (2, 2) with maximum at (1.5, 2.25). Then the function is constant until (5, 2), at which points becomes a parabola again, decreasing to a minimum at (6, 1) and then increasing to (7, 2).
  1. Use the graph of the position function to determine the time intervals when the velocity is positive, negative, or zero.
  2. Sketch the graph of the velocity function.
  3. Use the graph of the velocity function to determine the time intervals when the acceleration is positive, negative, or zero.
  4. Determine the time intervals when the object is speeding up or slowing down.

a. Velocity is positive on ( 0 , 1.5 ) ( 6 , 7 ) , negative on ( 1.5 , 2 ) ( 5 , 6 ) , and zero on ( 2 , 5 ) . b.
The graph is a straight line from (0, 2) to (2, −1), then is discontinuous with a straight line from (2, 0) to (5, 0), and then is discontinuous with a straight line from (5, −4) to (7, 4).
c. Acceleration is positive on ( 5 , 7 ) , negative on ( 0 , 2 ) , and zero on ( 2 , 5 ) . d. The object is speeding up on ( 6 , 7 ) ( 1.5 , 2 ) and slowing down on ( 0 , 1.5 ) ( 5 , 6 ) .

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The cost function, in dollars, of a company that manufactures food processors is given by C ( x ) = 200 + 7 x + x 2 7 , where x is the number of food processors manufactured.

  1. Find the marginal cost function.
  2. Find the marginal cost of manufacturing 12 food processors.
  3. Find the actual cost of manufacturing the thirteenth food processor.
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The price p (in dollars) and the demand x for a certain digital clock radio is given by the price–demand function p = 10 0.001 x .

  1. Find the revenue function R ( x ) .
  2. Find the marginal revenue function.
  3. Find the marginal revenue at x = 2000 and 5000 .

a. R ( x ) = 10 x 0.001 x 2 b. R ( x ) = 10 0.002 x c. $6 per item, $0 per item

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[T] A profit is earned when revenue exceeds cost. Suppose the profit function for a skateboard manufacturer is given by P ( x ) = 30 x 0.3 x 2 250 , where x is the number of skateboards sold.

  1. Find the exact profit from the sale of the thirtieth skateboard.
  2. Find the marginal profit function and use it to estimate the profit from the sale of the thirtieth skateboard.
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[T] In general, the profit function is the difference between the revenue and cost functions: P ( x ) = R ( x ) C ( x ) .

Suppose the price-demand and cost functions for the production of cordless drills is given respectively by p = 143 0.03 x and C ( x ) = 75,000 + 65 x , where x is the number of cordless drills that are sold at a price of p dollars per drill and C ( x ) is the cost of producing x cordless drills.

  1. Find the marginal cost function.
  2. Find the revenue and marginal revenue functions.
  3. Find R ( 1000 ) and R ( 4000 ) . Interpret the results.
  4. Find the profit and marginal profit functions.
  5. Find P ( 1000 ) and P ( 4000 ) . Interpret the results.

a. C ( x ) = 65 b. R ( x ) = 143 x 0.03 x 2 , R ( x ) = 143 0.06 x c. 83 , −97 . At a production level of 1000 cordless drills, revenue is increasing at a rate of $83 per drill; at a production level of 4000 cordless drills, revenue is decreasing at a rate of $97 per drill. d. P ( x ) = −0.03 x 2 + 78 x 75000 , P ( x ) = −0.06 x + 78 e. 18 , −162 . At a production level of 1000 cordless drills, profit is increasing at a rate of $18 per drill; at a production level of 4000 cordless drills, profit is decreasing at a rate of $162 per drill.

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Practice Key Terms 8

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Source:  OpenStax, Calculus volume 1. OpenStax CNX. Feb 05, 2016 Download for free at http://cnx.org/content/col11964/1.2
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