In other words, the Intermediate Value Theorem tells us that when a polynomial function changes from a negative value to a positive value, the function must cross the
axis.
[link] shows that there is a zero between
and
Using the Intermediate Value Theorem to show there exists a zero.
Intermediate value theorem
Let
be a polynomial function. The
Intermediate Value Theorem states that if
and
have opposite signs, then there exists at least one value
between
and
for which
Using the intermediate value theorem
Show that the function
has at least two real zeros between
and
As a start, evaluate
at the integer values
See
[link] .
1
2
3
4
5
0
–3
2
We see that one zero occurs at
Also, since
is negative and
is positive, by the Intermediate Value Theorem, there must be at least one real zero between 3 and 4.
We have shown that there are at least two real zeros between
and
Now that we know how to find zeros of polynomial functions, we can use them to write formulas based on graphs. Because a
polynomial function written in factored form will have an
intercept where each factor is equal to zero, we can form a function that will pass through a set of
intercepts by introducing a corresponding set of factors.
Factored form of polynomials
If a polynomial of lowest degree
has horizontal intercepts at
then the polynomial can be written in the factored form:
where the powers
on each factor can be determined by the behavior of the graph at the corresponding intercept, and the stretch factor
can be determined given a value of the function other than the
x -intercept.
Given a graph of a polynomial function, write a formula for the function.
Identify the
x -intercepts of the graph to find the factors of the polynomial.
Examine the behavior of the graph at the
x -intercepts to determine the multiplicity of each factor.
Find the polynomial of least degree containing all the factors found in the previous step.
Use any other point on the graph (the
y -intercept may be easiest) to determine the stretch factor.
Writing a formula for a polynomial function from the graph
Write a formula for the polynomial function shown in
[link] .
This graph has three
intercepts:
and
The
intercept is located at
At
and
the graph passes through the axis linearly, suggesting the corresponding factors of the polynomial will be linear. At
the graph bounces at the intercept, suggesting the corresponding factor of the polynomial will be second degree (quadratic). Together, this gives us
To determine the stretch factor, we utilize another point on the graph. We will use the
intercept
to solve for
The graphed polynomial appears to represent the function
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
When MP₁ becomes negative, TP start to decline.
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 •
Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Economic growth as an increase in the production and consumption of goods and services within an economy.but
Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has
The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50.
A,Calculate quantities of x and y which maximize utility.
B,Calculate value of Lagrange multiplier.
C,Calculate quantities of X and Y consumed with a given price.
D,alculate optimum level of output .
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
