8.1.2 Find the critical points of y = x – 12x2 + 21x + 1 and determine their nature. Sketch the curve.

Microeconomic Theory
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Chapter17: Capital And Time
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the
141
8.2 THE SECOND DERIVATIVE
The final piece of information we need to sketch the curve is what happens to
when r| becomes very large. Here we apply the highest-power rule for polynomials
introduced in Example 1: the curve behaves like y= for very large ), so y 8
when r+ 00 and when a →-00. The graph is sketched in Figure 8.3.
-22
Figure 8.3: y = x* – 4x³ + 5
Exercises
8.1.1 In Exercise 4.3.6, you were asked to sketch in one diagram the graphs of y = r²,
y = x and y = x* for all x in R. We can now use the techniques of this section
to confirm the shape of each graph.
Show that the graph of y = x² has a minimum point at (0,0) and that the graph
of y = x³ has a critical point of inflexion at (0,0). What about the graphs of
y = x, y = x and so on?
8.1.2 Find the critical points of
y = x – 12x² + 21x + 1
and determine their nature. Sketch the curve.
8.1.3 Find the critical values of y = x – 2x and determine their nature. Sketch the
curve.
8.2 The second derivative
If f is a differentiable function, then f' is a function, which may itself be differentiable.
If it is, we denote the derivative of f'(x) with respect to x by f"(x) (read "eff-double-
prime x") and call it the second derivative of f (x). The function f is then said to be
twice differentiable.
Is the y
Transcribed Image Text:the 141 8.2 THE SECOND DERIVATIVE The final piece of information we need to sketch the curve is what happens to when r| becomes very large. Here we apply the highest-power rule for polynomials introduced in Example 1: the curve behaves like y= for very large ), so y 8 when r+ 00 and when a →-00. The graph is sketched in Figure 8.3. -22 Figure 8.3: y = x* – 4x³ + 5 Exercises 8.1.1 In Exercise 4.3.6, you were asked to sketch in one diagram the graphs of y = r², y = x and y = x* for all x in R. We can now use the techniques of this section to confirm the shape of each graph. Show that the graph of y = x² has a minimum point at (0,0) and that the graph of y = x³ has a critical point of inflexion at (0,0). What about the graphs of y = x, y = x and so on? 8.1.2 Find the critical points of y = x – 12x² + 21x + 1 and determine their nature. Sketch the curve. 8.1.3 Find the critical values of y = x – 2x and determine their nature. Sketch the curve. 8.2 The second derivative If f is a differentiable function, then f' is a function, which may itself be differentiable. If it is, we denote the derivative of f'(x) with respect to x by f"(x) (read "eff-double- prime x") and call it the second derivative of f (x). The function f is then said to be twice differentiable. Is the y
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