Math for economyMM1005

How to find your way

  1. 1Search for the word that confuses you — the box at the top searches the whole course.
  2. 2Look it up in Concepts. Every concept links to the section that explains it. Concepts →
  3. 3Read the Watch out and Common error boxes: they show the mistakes that are actually made.
  4. 4Still stuck? Bring the question to the exercise session or send an email.

Lecturer: Eric Ahlqvist, eric.ahlqvist@math.su.se · Put “MM1005” in the subject line.

← 6
Lecture 7 Shape, and then turning round
8 →
7 Problems

Shape, and then turning round

The problems follow the sections of the theory. Those that are checked at once get new numbers each time you press New variant: repeat them until the method runs by itself. Those with a solution are for paper. Write the whole solution before you open it, then compare line by line. Last come problems in the form of the exam, with points and a marking guide.

Typing an answer. Write powers with ^ or ** and logarithms as ln(x+2): for example x^2/2 - 3x + 4 ln(x+2) - 4 ln(2). The preview under the box shows how your answer was read. Look at it before you press Check. An antiderivative asked for here always has its constant fixed by a condition, so there is no $+C$ to type.

●○○ Basic●●○ Intermediate●●● Challenge Checked instantlySolution included

Local extreme points

Read the theory: 1. Local extreme points →
Problem 4●○○ BasicSolution included

Let $f(x)=x^{4}-8x^{2}+3.$

(a) Find every $x$ with $f'(x)=0.$

(b) Classify each of them with the second-derivative test, and give the value of $f$ there.

(c) Is the local maximum point a maximum point of $f$ over the whole real line? Compute $f(3)$ before you answer.

Hint

Take out the common factor $4x$ from $f'(x).$ For (c), remember Watch out 7.2: a local maximum only beats its neighbours.

Stuck? Read 1. Local extreme points →

Inflection points

Read the theory: 2. Inflection points →
Problem 7●●○ IntermediateSolution included

A workshop with $L$ workers ($0\le L\le6$) produces $$Q(L)=6L^{2}-L^{3}$$ units a day.

(a) Find the marginal product $Q'(L).$

(b) On which interval does the marginal product rise, and on which does it fall? Where does $Q$ have an inflection point?

(c) For which $L$ is the output largest? Compare with the endpoints.

(d) Say in words what happens to the output between $L=2$ and $L=4,$ and after $L=4.$

Hint

The marginal product rises where its own derivative $Q''(L)$ is positive. An inflection point needs a change of sign of $Q''$ (Method 7.10).

Stuck? Read 2. Inflection points →

Turning round: antiderivatives

Read the theory: 3. Turning round: antiderivatives →
Problem 12●●○ IntermediateSolution included

A firm's marginal cost is $$C'(Q)=3Q^{2}-12Q+20\,,$$ and producing $2$ units costs $100$ in total.

(a) Find the total cost function $C(Q).$

(b) What is the fixed cost?

(c) For which $Q$ is the marginal cost smallest, and what is it there? What does the cost curve $C(Q)$ do at that $Q$?

Hint

Integrate term by term and keep the constant; then use $C(2)=100.$ In (c), the marginal cost is a function of its own: find where its derivative $C''(Q)$ is zero and changes sign.

Stuck? Read 3. Turning round: antiderivatives →
Problem 13●●● ChallengeSolution included

(a) Show that $F(x)=\ln(2x)$ and $G(x)=\ln x$ are both antiderivatives of $\dfrac1x$ for $x>0.$ What is $F-G,$ and why does that agree with Fact 7.13?

(b) For $x\ne0$ let $$ H(x)=\begin{cases}\ln|x|+1, & x>0\,,\\ \ln|x|-2, & x<0\,.\end{cases} $$ Show that $H'(x)=\dfrac1x$ for every $x\ne0.$ Is $H(x)-\ln|x|$ constant? Explain why this does not contradict Fact 7.13.

Hint

In (a), use the chain rule, or first write $\ln(2x)=\ln2+\ln x.$ In (b), for $x<0$ we have $|x|=-x.$ Then read the hypothesis of Fact 7.13 again, and Watch out 7.14.

Stuck? Read 3. Turning round: antiderivatives →

The surprise: it measures area

Read the theory: 4. The surprise: it measures area →
Problem 18●●○ IntermediateSolution included

Let $f(x)=x^{2}-4.$

(a) Compute $\displaystyle\int_{0}^{3}f(x)\,dx.$

(b) Compute the area of the region between the graph of $f$ and the $x$-axis for $0\le x\le3.$

(c) Why are the two answers different, and why is the first one negative?

Hint

Find where $f$ changes sign on $[0,3].$ The area is the sum of the areas on each side of that point, each counted as positive (Watch out 7.19).

Stuck? Read 4. The surprise: it measures area →
Problem 19●●● ChallengeSolution included

For $0\le t\le8$ let $$A(t)=\int_{0}^{t}(4-x)\,dx\,.$$

(a) Compute $A(t)$ with Definition 7.16, and find $A'(t).$ Compare with the function under the integral sign.

(b) On which interval is $A$ increasing, and on which decreasing? Where is $A$ largest, and what is its largest value?

(c) Find the $t>0$ with $A(t)=0,$ and explain the answer with a picture of the region.

Hint

An antiderivative of $4-x$ is $4x-\tfrac12x^{2}.$ In (b), the sign of $A'$ decides (Method 7.10). In (c), think of signed area.

Stuck? Read 4. The surprise: it measures area →

Integration by parts

Read the theory: 5. Integration by parts →
Problem 22●●● ChallengeSolution included

(a) Find $\displaystyle\int x^{2}e^{x}\,dx.$ You will need integration by parts twice.

(b) Check your answer by differentiating it.

(c) Why is $u=x^{2}$ the right choice, and not $u=e^{x}$?

Hint

Take $u=x^{2},$ $v'=e^{x}.$ The new integral is $\int2x\,e^{x}\,dx,$ which is Example 7.23 times $2.$

Stuck? Read 5. Integration by parts →

Mixed, as on the exam

Here the sections are mixed, and nothing says which method to use. Write the solution on paper, with reasons, before you look.

Problem 23●●○ IntermediateSolution included

Let $f(x)=x^{4}-4x^{3}.$

(a) Find the points where $f'(x)=0$ and classify each one. Where the second-derivative test gives no information, say so and use another way.

(b) Find the inflection points of $f.$

(c) One point appears in both answers. What does the curve look like there?

Hint

$f'(x)=4x^{2}(x-3)$ and $f''(x)=12x(x-2).$ The factor $4x^{2}$ is never negative (Watch out 7.4, Method 7.10).

Stuck? Read 1. Local extreme points →
Problem 24●●○ IntermediateSolution included

Compute $$\int_{0}^{2}\frac{x^{2}+1}{x+1}\,dx\,.$$ Give the exact value and a decimal approximation, and check that the size is reasonable.

Hint

Divide first (Fact 1.22), then integrate the polynomial and the remainder over $x+1,$ and use Definition 7.16.

Stuck? Read 3. Turning round: antiderivatives →

As on the exam

4 problems · 26 p

Problems in exam form, with points. Solve them on paper or in the box. Then open the solution one step at a time and mark yourself against the rubric.

Exam problem 15 pComputeModel: 2024-10-01 Q2 (a); final 2026-09-28 Q2 (a); practice exam 1 Q2 (a)

Divide first, then integrate

Calculate $$\int \frac{x^{3}+x^{2}-4x+10}{x+3}\,dx$$ for $x>-3.$

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Exam problem 25 pComputeModel: practice exam 2 Q2 (a); 2025-09-30 Q2 (a)

By parts: a logarithm, and the base 3

Calculate the integrals

  1. (a)
    $\displaystyle\int_{1}^{e} x^{3}\ln x\,dx,$
    3 p
  2. (b)
    $\displaystyle\int x\cdot3^{x}\,dx.$
    2 p

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Exam problem 310 pComputeModel: practice exam 2 Q4; 2025-09-30 Q3

A polynomial times $e^{-x}$: parameters, extrema, and global extremes

For real numbers $a$ and $b,$ consider the function $$f(x)=\bigl(x^{2}+ax+b\bigr)e^{-x}\,.$$

  1. (a)

    Find the values of $a$ and $b$ such that $f$ has stationary points at both $x=-1$ and $x=2.$

    3 p
  2. (b)

    For the values of $a$ and $b$ found in (a), determine the intervals on which $f$ is increasing and on which it is decreasing, and classify the stationary points as local maximum or minimum points. Give the value of $f$ at each.

    4 p
  3. (c)

    Does $f$ have a global maximum on $\mathbb{R}$? A global minimum? Justify your answers.

    3 p

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Exam problem 46 pComputeModel: final 2026-09-28 Q4 (c); 2023-10-31 Q3 (c); practice exam 1 Q4 (c)

Where a rational function and a cubic are convex

Determine the intervals on which the function is convex and those on which it is concave, and find all inflection points.

  1. (a)

    $$f(x)=\frac{x^{2}+3x+1}{x-1}$$ for $x\ne1.$

    3 p
  2. (b)
    $$g(x)=-x^{3}+3x^{2}+9x-4\,.$$
    3 p

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