Econ 302: Solutions for Practice
Questions 1
Question 1:
- f(x)=x2/(1+4x). Use the quotient
rule. Thus, g(x)=x2, h(x)=1+4x, g '(x)=2x, and
h '(x)=4.
This implies
f '(x)=[2x(1+4x)-4x2]
/
(1+4x)2
=
[2x+4x2]
/
(1+4x)2.
- f(x)=ln(x+20). Use the chain rule.
g(x)=ln (x) and h(x)=x+20. Since h '(x)=1 because of
additivity, it follows that
f '(x)=1/(x+20).
- f(x)=ln(x+a). Same as above. Only difference
h(x)=x+a. Again, additivity,
implies h '(x)=1.
Thus, f '(x)=1/(x+a).
- f(x)=(x2+5)1/2. Again
use the chain rule, choosing
g(x)=x1/2 and h(x)=4+x4. The derivatives are
g '(x)=(1/2)x-1/2 and h '(x)=4x3 (because of
additivity the number 4 drops out).
Thus, f '(x)=(1/2)(4+x4)-1/24x3 =
2x3 / (4+x4)1/2.
- f(x)=(a+x4)1/2. The only difference to
the previous question is that now h(x)=a+x4.
Again because of
additivity a
drops out, since it is a fixed number. The answer is therefore
f '(x) = 2x3 / (a+x4)1/2.
- f(x)=3x2+6x4. Because of
additivity f '(x) is the
sum of the derivative of 3x2 and of 6x4. Thus,
f '(x)=6x+24x3.
- Because of
linearity the derivative of
ax2 is 2ax and of
bx4 is 4bx3. Thus,
f '(x)=2ax+4bx3.
Question 2:
- f(x,y)=xy3. Derivative with respect to x:
Now y (and thus y3) is treated like a constant. Thus,
linearity implies
fx=y3. Similarly
fy=3xy2.
- f(x,y)=x+20y. To take
the derivative with respect to x,
y is treated like a constant. Thus, we have essentially an expression
of the form x+a, where a is fixed. Thus,
additivity implies
fx=1. Similarly, it follows that
fy=20.
- Same idea as above, i.e., one of the summands is a constant when
taking the partial derivative. Thus
fx=10/x and fy=1/y.
- Use the
quotient rule.
g(x,y)=x+2y, h(x,y)=y. The partials are
gx=1, gy=2, hy=1 and
hx=0. Thus,
fx=1/y and fy = (2y-x+2y)/y2=
-x/y2.
- f(x,y)=2x2+y. Again,
additivity implies
fx=4x and fy=1.
- f(x,y)=ax2+by. Now additivity and the
rule of multiplication with scalars implies
fx=2ax and fy=b.
Question 3:
-
x2y=20 immediately implies y=20/x2.
- The slope is given by the derivative of
20/x2 at x=2.
The derivative of 20/x2 is -40/x3. Thus,
if x=2 we get -40/8=-5.
-
The value of y is 5 at x=2.
-
y2=36/x. Thus, y=6/x1/2 (recall that
x1/2 is the square root of x).
- The slope is given by the derivative of
6/x1/2 at x=4.
The derivative is -3/x-3/2. Thus,
if x=4 we get -3/8.
-
y=3 at x=4.
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