1. An investor invests is a start-up company. The profit in dollars for æ thousand dollars invested is given by p(x) = 40(x – 5)4 – (x – 5)6 + 70x – 50. (a) Find the the points x > 0 for which the second derivative of p(x) vanishes. (b) Find the inflection points and the point of diminishing returns for the profit function. Hint: Use the chain rule in order to differentiate, do not multiply out.

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
icon
Related questions
Question
1. An investor invests is a start-up company. The profit in dollars for x
thousand dollars invested is given by
p(x) = 40(x – 5)4 – (x – 5)6 + 70x – 50.
(a) Find the the points x > 0 for which the second derivative of p(x)
vanishes.
(b) Find the inflection points and the point of diminishing returns
for the profit function.
Hint: Use the chain rule in order to differentiate, do not multiply out.
Transcribed Image Text:1. An investor invests is a start-up company. The profit in dollars for x thousand dollars invested is given by p(x) = 40(x – 5)4 – (x – 5)6 + 70x – 50. (a) Find the the points x > 0 for which the second derivative of p(x) vanishes. (b) Find the inflection points and the point of diminishing returns for the profit function. Hint: Use the chain rule in order to differentiate, do not multiply out.
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning