W course

Exercises

Work it out first, then reveal. If you get stuck, the link under the exercise takes you to where it is explained.

Differential calculus

a)
Determine the polynomial function of degree four that is axis-symmetric about the y-axis, goes through the origin and has the minimum point .
Solution
, , , so
Explained in: Reconstruction
b)
Determine the polynomial function of degree three with the maximum point and the minimum point .
Solution
, , , , so
Explained in: Reconstruction
c)
Determine the polynomial function of degree three that has the saddle point and goes through the point .
Solution
, , , , so
Explained in: Reconstruction

Differential calculus in economics

a)
, wanted .
Solution
Explained in: Demand function (price function), market equilibrium
b)
.
Solution
maximum price MU, saturation quantity QU
Explained in: Demand function (price function), market equilibrium
c)
, wanted and its meaning.
Solution
, 4 MU less per QU
Explained in: Demand function (price function), market equilibrium
d)
, .
Solution
, , so
Explained in: Demand function (price function), market equilibrium
f)
, wanted the minimum supply price and .
Solution
MU and MU
Explained in: Demand function (price function), market equilibrium
g)
and .
Solution
, , , so
Explained in: Demand function (price function), market equilibrium