1. Find the relative maxima and minima of y by the second-derivative test: (a) y=-2x2+8x+ 25 (9 y=x-3x2+5x +3 (b) y = x +6x2 +9 2x (d) y = 1-2x 2. Mr. Greenthumb wishes to mark out a rectangular flower bed, using a wall of his house as one side of the rectangle. The other three sides are to be marked by wire netting, of which he has only 64 ft available. What are the length Land width W of the rectangle that would give him the largest possible planting area? How do yau make sure that your answer gives the largest, not the smallest area? 3. A firm has the folowing total-cost and demand functions: C=}Q' -7Q +111Q+ 50 Q= 100-P (a) Does the total-cost function satisfy the coefficient restrictions of (9.5)? (b) Write out the total-revenue function Rin terms of Q. () Formulate the total-profit function a in terms of Q. (d) Find the profit-maximizing level of output Q. (e) What is the maximum profit?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

only the pink colored problems please

EXERCISE 9.4
1. Find the relative maxima and minima of y by the second-derívative test:
(a) y = -2x+8x+25
(b) y = x +6x² +9
(9 y=jr- 3x2 + 5x + 3
2x
(のY=T-2x
2. Mr. Greenthumb wishes to mark out a rectangular flower bed, using a wall of his house
as one side of the rectangle. The other three sides are to be marked by wire netting, of
which he has only 64 ft available. What are the length L and width W of the rectangle
that would give him the largest possible planting area? How do yau make sure that
your answer gives the largest,
3. A firm has the following total-cost and demand functions:
the smallest area?
C=}0? -7Q +11Q+ 50
Q = 100 - P
(a) Does the total-cost function satisfy the coefficient restrictions of (9.5)?
(b) Write out the total-revenue function Rin tems of Q.
(O Formulate the total-profit function T in terms of Q.
(d) Find the profit-maximizing level of output Q".
(e What is the maximum profit?
Transcribed Image Text:EXERCISE 9.4 1. Find the relative maxima and minima of y by the second-derívative test: (a) y = -2x+8x+25 (b) y = x +6x² +9 (9 y=jr- 3x2 + 5x + 3 2x (のY=T-2x 2. Mr. Greenthumb wishes to mark out a rectangular flower bed, using a wall of his house as one side of the rectangle. The other three sides are to be marked by wire netting, of which he has only 64 ft available. What are the length L and width W of the rectangle that would give him the largest possible planting area? How do yau make sure that your answer gives the largest, 3. A firm has the following total-cost and demand functions: the smallest area? C=}0? -7Q +11Q+ 50 Q = 100 - P (a) Does the total-cost function satisfy the coefficient restrictions of (9.5)? (b) Write out the total-revenue function Rin tems of Q. (O Formulate the total-profit function T in terms of Q. (d) Find the profit-maximizing level of output Q". (e What is the maximum profit?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Knowledge Booster
Local Health District
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education