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Mathematics
Study Set
Calculus for Business Economics
Quiz 4: Exponential and Logarithmic Functions
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Question 141
Multiple Choice
The consumer demand for a certain commodity is
D
(
p
)
=
1
,
000.00
e
ā
0.33
p
D ( p ) = 1,000.00 e ^ { - 0.33 p }
D
(
p
)
=
1
,
000.00
e
ā
0.33
p
units per month when the market price is p dollars per unit. Express consumers' total monthly expenditure for the commodity as a function of p and determine the market price that will result in the greatest consumer expenditure.
Question 142
Multiple Choice
It is estimated that t years from now, the population of a certain country will be
P
(
t
)
=
200
1
+
9
e
ā
0.02
t
P ( t ) = \frac { 200 } { 1 + 9 e ^ { - 0.02 t } }
P
(
t
)
=
1
+
9
e
ā
0.02
t
200
ā
million. When will the population be growing most rapidly? Round your answer to two decimal places.
Question 143
Short Answer
A certain machine depreciates so that its value after t years is
Q
(
t
)
=
10
,
000
e
ā
0.5
t
Q ( t ) = 10,000 e ^ { - 0.5 t }
Q
(
t
)
=
10
,
000
e
ā
0.5
t
dollars. At what rate is the value of the machine changing with respect to time after 3 years?
Question 144
Multiple Choice
When a certain industrial machine is t years old, its resale value will be
V
(
t
)
=
4
,
000
e
ā
t
/
4
+
500
V ( t ) = 4,000 e ^ { - t / 4 } + 500
V
(
t
)
=
4
,
000
e
ā
t
/4
+
500
dollars. How much does the resale value change between the 3rd and 4th years?
Question 145
Short Answer
Records indicate that t weeks after the outbreak of a disease, approximately
Q
(
t
)
=
70
3
+
52
e
ā
13
t
Q ( t ) = \frac { 70 } { 3 + 52 e ^ { - 13 t } }
Q
(
t
)
=
3
+
52
e
ā
13
t
70
ā
thousand people have been infected. At what rate was the disease spreading at the end of the third week? Round your answer to two decimal places.
Question 146
True/False
The function
f
(
x
)
=
e
x
f ( x ) = e ^ { x }
f
(
x
)
=
e
x
is increasing everywhere.
Question 147
True/False
The function
y
=
e
5
x
y = e ^ {5 x }
y
=
e
5
x
is increasing everywhere.
Question 148
Multiple Choice
Let
f
(
t
)
=
12
5
+
8
e
ā
t
/
200
f ( t ) = \frac { 12 } { 5 + 8 e ^ { - t / 200 } }
f
(
t
)
=
5
+
8
e
ā
t
/200
12
ā
. Which value of t corresponds to a possible inflection point for f (t) ?
Question 149
Multiple Choice
Consider the function
f
(
x
)
=
e
ā
(
x
ā
8
)
2
/
7
f ( x ) = e ^ { - ( x - 8 ) ^ { 2 } / 7 }
f
(
x
)
=
e
ā
(
x
ā
8
)
2
/7
. For what value of x does this function attain its maximum value, and what is the maximum function value? Round maximum function value to two decimal places, if necessary.
Question 150
Short Answer
How many relative extrema does
x
10
e
x
x ^ { 10 } e ^ { x }
x
10
e
x
have on the interval (-7, 7)?
Question 151
Short Answer
How many relative extrema does
x
4
e
x
x ^ { 4 } e ^ { x }
x
4
e
x
have on the domain (-10, 10)?
Question 152
True/False
The function f (x) = ln x is concave downward everywhere.
Question 153
Multiple Choice
Let
f
(
x
)
=
8
x
5
ā
80
ln
ā”
x
f ( x ) = 8 x ^ { 5 } - 80 \ln x
f
(
x
)
=
8
x
5
ā
80
ln
x
, for x > 0. Find the minimum value of f for x > 0.
Question 154
Multiple Choice
The graph of
f
(
x
)
=
ln
ā”
x
8
f ( x ) = \ln x ^ { 8 }
f
(
x
)
=
ln
x
8
has
Question 155
True/False
The function y = ln 3x is concave downward everywhere.
Question 156
Short Answer
The total number of hot dogs sold by a fast-food chain is growing exponentially. If 3 billion have been sold by 1988 and 5 billion by 1990, how many billion will be sold in the year 2000? Round your answer to one decimal place.
Question 157
Short Answer
The total number of hamburgers sold by a fast food chain is growing exponentially. If 3 billion have been sold by 1998 and 9 billion by 2000, how many will be sold in the year 2010? Round your answer to one decimal place.