Calculus & Its Applications (14th Edition)
Calculus & Its Applications (14th Edition)
14th Edition
ISBN: 9780134437774
Author: Larry J. Goldstein, David C. Lay, David I. Schneider, Nakhle H. Asmar
Publisher: PEARSON
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Chapter 7.1, Problem 12E

Refer to Example 3. If labor costs $100 per unit and capital costs $200 per unit, express as a function of two variables, C ( x , y ) , the cost of utilizing x units of labor and y units of capital.

Example 3

Production in a firm

Suppose that, during a certain time period, the number of units of goods produced when x units of labor and y units of capital are used is f ( x , y ) = 60 x 3 / 4 y 1 / 4 .

How many units of goods will be produced by 81 units of labor and 16 units of capital?

Show that, whenever the amounts of labor and capital being used are doubled, so is the production. (Economists say that the production function has “constant returns to scale”)

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Chapter 7 Solutions

Calculus & Its Applications (14th Edition)

Ch. 7.1 - Consider the cobb-Douglas production function...Ch. 7.1 - Let f(x,y)=10x25y35. Show that f(3a,3b)=3f(a,b).Ch. 7.1 - Present value The present value of A dollars to be...Ch. 7.1 - Refer to Example 3. If labor costs $100 per unit...Ch. 7.1 - Tax and Homeowner Exemption The value of...Ch. 7.1 - Tax and Homeowner Exemption Let f(r,v,x) be the...Ch. 7.1 - Draw the level curve of height 0,1 and 2 for the...Ch. 7.1 - Draw the level curve of height 0,1 and 2 for the...Ch. 7.1 - Draw the level curve of function f(x,y)=xy...Ch. 7.1 - Draw the level curve of function f(x,y)=xy...Ch. 7.1 - Find the function f(x,y) that has line y=3x4 as a...Ch. 7.1 - Find the function f(x,y) that has the curve y=2x2...Ch. 7.1 - Suppose that a topographic map is viewed as the...Ch. 7.1 - Isocost Lines A certain production process uses...Ch. 7.1 - Match the graphs of the functions in Exercises...Ch. 7.1 - Match the graphs of the functions in Exercises...Ch. 7.1 - Match the graphs of the functions in Exercises...Ch. 7.1 - Match the graphs of the functions in Exercises...Ch. 7.2 - The number of TV sets an appliance store sells per...Ch. 7.2 - The monthly mortgage payment for a house is a...Ch. 7.2 - Find fxandfy for each of the following functions....Ch. 7.2 - Prob. 2ECh. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Prob. 6ECh. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Find fxandfy for each of the following function....Ch. 7.2 - Prob. 13ECh. 7.2 - Let f(p,q)=1p(1+q). Find fq and fp.Ch. 7.2 - Let f(x,y,z)=(1+x2y)/z. fx,fy,andfz.Ch. 7.2 - Prob. 16ECh. 7.2 - Let f(x,y,z)=xzeyz. Find fx,fy,andfz.Ch. 7.2 - Let f(x,y,z)=xyz. Find fx,fz,andfz.Ch. 7.2 - Let f(x,y,z)=x2+2xy+y2+3x+5y. Find...Ch. 7.2 - Prob. 20ECh. 7.2 - Let f(x,y)=xy2+5. Evaluate fy at (x,y)=(2,1) and...Ch. 7.2 - Prob. 22ECh. 7.2 - Prob. 23ECh. 7.2 - Prob. 24ECh. 7.2 - Prob. 25ECh. 7.2 - ProductivityLabor and Capital The productivity of...Ch. 7.2 - Prob. 27ECh. 7.2 - Prob. 28ECh. 7.2 - Let p1 be the average price of MP3 players, p2 the...Ch. 7.2 - Prob. 30ECh. 7.2 - Prob. 31ECh. 7.2 - Prob. 32ECh. 7.2 - Prob. 33ECh. 7.2 - Prob. 34ECh. 7.2 - Prob. 35ECh. 7.2 - Compute 2fy2, where f(x,y)=60x3/4y1/4, a...Ch. 7.2 - Prob. 37ECh. 7.2 - Prob. 38ECh. 7.3 - Prob. 1CYUCh. 7.3 - Prob. 2CYUCh. 7.3 - Prob. 1ECh. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Prob. 3ECh. 7.3 - Prob. 4ECh. 7.3 - Prob. 5ECh. 7.3 - Prob. 6ECh. 7.3 - Prob. 7ECh. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Prob. 14ECh. 7.3 - Prob. 15ECh. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Prob. 17ECh. 7.3 - The function f(x,y)=12x2+2xy+9+3y2x+2y has a...Ch. 7.3 - Prob. 19ECh. 7.3 - Prob. 20ECh. 7.3 - Prob. 21ECh. 7.3 - Prob. 22ECh. 7.3 - Prob. 23ECh. 7.3 - Prob. 24ECh. 7.3 - Prob. 25ECh. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Prob. 27ECh. 7.3 - Find all points (x,y) where f(x,y) has a possible...Ch. 7.3 - Prob. 29ECh. 7.3 - Prob. 30ECh. 7.3 - Prob. 31ECh. 7.3 - Prob. 32ECh. 7.3 - Prob. 33ECh. 7.3 - Prob. 34ECh. 7.3 - Find all points f(x,y) has a possible relative...Ch. 7.3 - Prob. 36ECh. 7.3 - Find all points f(x,y) has a possible relative...Ch. 7.3 - Prob. 38ECh. 7.3 - Prob. 39ECh. 7.3 - Find all points f(x,y) has a possible relative...Ch. 7.3 - Prob. 41ECh. 7.3 - Prob. 42ECh. 7.3 - Prob. 43ECh. 7.3 - Prob. 44ECh. 7.3 - Find all points f(x,y) has a possible relative...Ch. 7.3 - Prob. 46ECh. 7.3 - Prob. 47ECh. 7.3 - Prob. 48ECh. 7.3 - Prob. 49ECh. 7.3 - Minimizing Surface Area Find the dimensions of the...Ch. 7.3 - Maximizing Profit A company manufactures and sells...Ch. 7.3 - Maximizing Profit A monopolist manufactures and...Ch. 7.3 - Prob. 53ECh. 7.3 - Revenue from Two Products A company manufactures...Ch. 7.4 - Prob. 1CYUCh. 7.4 - Refer to Exercise 29 of Section 7.3. What is the...Ch. 7.4 - Prob. 1ECh. 7.4 - Prob. 2ECh. 7.4 - Prob. 3ECh. 7.4 - Prob. 4ECh. 7.4 - Prob. 5ECh. 7.4 - Prob. 6ECh. 7.4 - Prob. 7ECh. 7.4 - Prob. 8ECh. 7.4 - Prob. 9ECh. 7.4 - Prob. 10ECh. 7.4 - Prob. 11ECh. 7.4 - Prob. 12ECh. 7.4 - Prob. 13ECh. 7.4 - Prob. 14ECh. 7.4 - Prob. 15ECh. 7.4 - Prob. 16ECh. 7.4 - Prob. 17ECh. 7.4 - Solve the following exercises by the method of...Ch. 7.4 - Prob. 19ECh. 7.4 - Solve the following exercises by the method of...Ch. 7.4 - Prob. 21ECh. 7.4 - Prob. 22ECh. 7.4 - Solve the following exercises by the method of...Ch. 7.4 - Solve the following exercises by the method of...Ch. 7.4 - Prob. 25ECh. 7.4 - Prob. 26ECh. 7.4 - Prob. 27ECh. 7.4 - Prob. 28ECh. 7.4 - Prob. 29ECh. 7.4 - Prob. 30ECh. 7.4 - Prob. 31ECh. 7.4 - Use Lagrange multipliers to find the three...Ch. 7.4 - Minimizing Surface Area Find the dimensions of an...Ch. 7.4 - Maximizing Volume A shelter for use at the beach...Ch. 7.4 - Prob. 35ECh. 7.4 - Prob. 36ECh. 7.5 - Prob. 1CYUCh. 7.5 - Prob. 2CYUCh. 7.5 - Prob. 1ECh. 7.5 - Find the least-squares error E for the...Ch. 7.5 - Prob. 3ECh. 7.5 - Prob. 4ECh. 7.5 - Prob. 5ECh. 7.5 - Prob. 6ECh. 7.5 - Prob. 7ECh. 7.5 - Prob. 8ECh. 7.5 - Prob. 9ECh. 7.5 - Prob. 10ECh. 7.5 - In the remaining exercises, use one or more of the...Ch. 7.5 - In the remaining exercises, use one or more of the...Ch. 7.5 - Prob. 13ECh. 7.5 - Prob. 14ECh. 7.5 - Prob. 15ECh. 7.6 - Calculate the iterated integral 02(0x/2e2yxdy)dx.Ch. 7.6 - Prob. 2CYUCh. 7.6 - Prob. 1ECh. 7.6 - Prob. 2ECh. 7.6 - Prob. 3ECh. 7.6 - Calculate the following iterated integrals....Ch. 7.6 - Prob. 5ECh. 7.6 - Calculate the following iterated integrals....Ch. 7.6 - Calculate the following iterated integrals....Ch. 7.6 - Calculate the following iterated integrals....Ch. 7.6 - Prob. 9ECh. 7.6 - Prob. 10ECh. 7.6 - Prob. 11ECh. 7.6 - Prob. 12ECh. 7.6 - Prob. 13ECh. 7.6 - Calculate the volumes over the following regions R...Ch. 7 - Give an example of a level curve of a function of...Ch. 7 - Prob. 2CCECh. 7 - Prob. 3CCECh. 7 - Prob. 4CCECh. 7 - Prob. 5CCECh. 7 - Prob. 6CCECh. 7 - Prob. 7CCECh. 7 - State the second derivative test for functions of...Ch. 7 - Prob. 9CCECh. 7 - Prob. 10CCECh. 7 - Prob. 11CCECh. 7 - Give a formula for evaluating a double integral in...Ch. 7 - Let f(x,y)=xy/(1+x). Compute f(2,9),f(5,1), and...Ch. 7 - Prob. 2RECh. 7 - Prob. 3RECh. 7 - Prob. 4RECh. 7 - Prob. 5RECh. 7 - Prob. 6RECh. 7 - Prob. 7RECh. 7 - Prob. 8RECh. 7 - Prob. 9RECh. 7 - Prob. 10RECh. 7 - Prob. 11RECh. 7 - Prob. 12RECh. 7 - Prob. 13RECh. 7 - Prob. 14RECh. 7 - Prob. 15RECh. 7 - Prob. 16RECh. 7 - Prob. 17RECh. 7 - In Exercises 1720, find all points (x,y) where...Ch. 7 - Prob. 19RECh. 7 - In Exercises 1720, find all points (x,y) where...Ch. 7 - In Exercises 2123, find all points (x,y) where...Ch. 7 - Prob. 22RECh. 7 - Prob. 23RECh. 7 - Find the values of x,y,z at which...Ch. 7 - Prob. 25RECh. 7 - Prob. 26RECh. 7 - Prob. 27RECh. 7 - Prob. 28RECh. 7 - Use the method of Lagrange multiplier to: A person...Ch. 7 - Use the method of Lagrange multiplier to: The...Ch. 7 - Prob. 31RECh. 7 - Prob. 32RECh. 7 - Prob. 33RECh. 7 - Prob. 34RECh. 7 - Prob. 35RECh. 7 - Prob. 36RECh. 7 - Prob. 37RECh. 7 - Prob. 38RE
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