Exam A 1.(5pts) What is the natural domain of f (x) = x−3 ? 3x2 − 3 (a) {x ∈ R : x 6= 1}. (b) {x ∈ R : x 6= 1, x 6= −1}. (c) {x ∈ R : x 6= 3}. (d) {x ∈ R : x 6= −3}. (e) {x ∈ R : x 6= −1}. 2.(5pts) A mattress store has fixed expenses of $800 per month. Each mattress costs $100 to make and sells for $550. Assuming all mattresses made are sold, which of the expressions below best describes the profit of this store as a function of the number x of mattresses made? (a) f (x) = 550x − 800 (b) f (x) = 550x − 700 (d) f (x) = 800x − 450 (e) f (x) = 550x − 900 (c) f (x) = 450x − 800 x2 − 25 is equal to x→5 x − 5 3.(5pts) The limit lim (a) −5 (b) 15 (d) ∞ (e) 0 (c) 10 4.(5pts) Given the piecewise function f (x) below, choose a value c which makes the function continuous at x = −2. 3 x + 5x2 + 6x , x 6= −2 f (x) = x+2 c, x = −2. (a) −∞ (b) ∞ (d) 0 (e) -2 (c) -3 5.(5pts) Elizabeth puts her savings of $200, 000 in an account that pays 4% interest compounded quarterly. Which of the following represents how much money will be in the account after 5 years? (a) $200, 000e0.04·5 (d) $200, 000(1 + 0.04 5·4 ) 4 (b) $200, 000(1 + 0.04 4 ) 4 (e) $200, 000(1 + 0.04)5·4 (c) $200, 000(1 + 0.04)4 Exam A 6.(5pts) i. ii. iii. iv. Which of the following statements are true for the function f (x) = ex ? lim f (x) = ∞. x→∞ f has a horizontal asymptote at y = 1. For some real numbers x and y, f (x + y) 6= f (x)f (y) The natural domain of f is all real numbers. (a) none are true (b) all are true (d) i and iv (e) i, ii, and iv (c) ii and iii 7.(5pts) If log2 (A) = 3, what is log4 (A)? 9 4 (b) 1 2 (d) 9 (e) 3 2 (a) (c) √ 3 8.(5pts) Suppose that the demand curve for a certain product is modeled by 3456 p= (q + 29) where p is the price and q is the quantity. Recalling that the revenue R(q) = pq compute lim R(q) q→∞ (a) 29 (b) 3456 (d) 0 (e) ∞ (c) 119.17 9.(5pts) Use the approximation log2 3 ≈ 1.585 and log2 5 ≈ 2.322 to estimate log2 45. (a) 5.492 (b) 6.229 (d) 3.68037 (e) 5.83338645 (c) −0.848 Exam A 10.(5pts) Which answer below is the following limit. lim n→∞ (a) 0 3 1+ n n ? (c) e3 (b) ∞ (d) The limit does not exist. (e) e1/3 11.(12pts) Find the natural domain and equations of all vertical and horizontal asymptotes of the function x+1 f (x) = (x − 2)(x + 3)(x − 4) Compute all one-sided limits at all vertical asymptotes. 12.(12pts) At the upcoming board meeting, a company selling smartphones will be deciding its marketing budget. If the company spends x millions of dollars on advertising, the resulting revenue R is given by x − 500 R(x) = 50 − (x − 5)2 + 25 Part 1. Compute the following limits: a) lim R(x) b) lim R(x) x→∞ x→0 Part 2. The advertising budget is a fixed cost. Suppose the company has additional fixed cost of 30 million dollars. Write down a function for the total cost, C, as a function of money spent on advertising, x. Write down the function that describes the company’s profit, P , as a function of money spent on advertising x. Part 3. If the company is currently set to spend 2 million on advertising, would your recommend to the board for them to double down and increase the spending on marketing to 4 million? (Assume that the board wishes to maximize profit.) Part 4. Would you recommend increasing the advertising budget to 7 million? Suppose the board wished to maximize revenue. Would you recommend going from 2 million to 7 million? 13.(12pts) You have $10,000 dollars to invest and in 10 years you need to have $20,000. (a) Assuming all investments compound continuously, what interest rate do you need to get? (b) How long will it take to get $40,000? Exam A 1. Solution. Since f (x) is a quotient of polynomials, we just need to avoid those x such that the denominator is equal to zero. These are the solutions of 3x2 − 3 = 0, which are x = 1 and x = −1. 2. Solution. Each mattress made and sold gives a profit of $550 − $100 = $450. Thus, selling x mattresses gives 450x as a profit. Finally, we subtract the fixed expenses, and we get f (x) = 450x − 800. 3. Solution. Simplifying the expression in the limit, we get x2 − 25 (x − 5)(x + 5) = =x+5 x−5 x−5 Then, plugging in x = 5 gives 10. Exam A 4. Solution. We see that for x 6= −2 we have x(x + 2)(x + 3) x3 + 5x2 + 6x = = x(x + 3). f (x) = x+2 x+2 As we accept the fact that polynomials are continuous functions, we can therefore evaluate the limit as x goes to −2 by plugging in −2 for x. Thus lim f (x) = lim x(x + 3) = (−2)((−2) + 3) = −2. x→−2 x→−2 Setting c = −2 therefore makes the function f continuous. 5. Solution. Recall that when compounding interest, we multiply the principal, which in this case is $200, 000 by the number obtained in the following procedure. We take the annual interest rate, which in this case is 4%, divide it by how many times it is compounded per unit of time (note that our units of time are years), in this case 4 as there are 4 quarters per year, add 1, and finally exponentiate this value to number of times the interest is calculated. As there are 4 quarters per year, and Elizabeth keeps the money in the account for 5 years, the interest is compounded 5 · 4 = 20 times. Thus her account has $200, 000(1 + 0.04 )5·4 after 4 5 years. 6. Solution. i. As we saw in class, as x gets arbitrarily large, so does ex , therefore lim ex = ∞. Therefore x→∞ i is true. ii. The limit as x goes to −∞ is 0, so y = 0 is a horizontal asymptote. The limit as x goes to ∞ is discussed in i and does not generate an asymptote. Therefore ii is false. iii. By the laws of exponents, for any two real numbers x and y, f (x + y) = ex+y = ex ey = f (x)f (y). Therefore iii is false. iv. ex is defined for all real numbers x, hence its natural domain is all real numbers. Therefore iv is true. Exam A 7. Solution. We are told A = 2log2 (A) = 23 = 8. Hence we want log4 (8). But 23 = 8 = 4log4 (8) = 22 log4 (8) so 2 log4 (8) = 3. 8. Solution. lim q→∞ 3456q 3456 3456 = = lim = 3456 q→∞ (q + 29) 1+0 1 + 29 q 9. Solution. 45 = 9 · 5 = 32 · 5 so log2 (45) = log2 (32 · 5) = 2 · log2 3 + log2 5 = 2 · 1.585 + 2.322. 10. Solution. From the book, lim n→∞ n r n 3 r 1+ = e so lim 1 + = e3 . n→∞ n n Exam A 11. Solution. The natural domain will be the set of those real numbers x for which the denominator of f (x) does not vanish. This is all real numbers except x = 2, x = −3 and x = 4. These are also the vertical asymptotes of f (x). As for horizontal asymptotes, we compute both limits lim f (x), lim f (x) x→∞ x→−∞ These are both zero, since the power in the denominator (three) is higher than the power in the numerator (one). Thus, the only horizontal asymptote is y = 0. 12. Solution. Part 1. a) lim R(x) = 50 x→∞ b) lim R(x) = 50 − x→0 0 − 500 500 = 50 + = 60 2 (0 − 5) + 25 50 Part 2. C(x) = 30 + x P (x) = R(x) − C(x) = 50 − x − 500 x − 500 − (30 + x) = 20 − x − 2 (x − 5) + 25 (x − 5)2 + 25 Part 3. We see that P (2) ≈ 32.6471 and P (4) ≈ 35.0769. Therefore, the profit has increased when the spending on marketing was doubled from 2 million to 4 million dollars. Thus, yes, we would recommend that the company increase its spending on marketing in this case. Part 4. P (7) = 30 which is less than P (2) so we would not recommend going up to 7 million. Hence, if the board wishes to maximize revenue we should recommend that we go to 7 million. 13. Solution. (a) P (t) = P0 ert where P0 = 10000, so P (1) = 10000er . But P (10) = 20000 so 20000 e10r = = 2 so 10r = ln(2) and hence r = 0.6931471806 = 0.0693147806. 10 10000 (b) By part (a), your investment takes 10 years to double. SO it will take 10 more years to double again so to get to $40,000 will take 10 + 10 = 20 years. OR P (t) = 10000 · 2t/10 so solve 10000 · 210t = 40000 or 2t/10 = 4 = 42 or 10t = 2 and t = 20.
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