Mathematical Applications for the Management, Life, and Social Sciences
12th Edition
ISBN: 9781337625340
Author: Ronald J. Harshbarger, James J. Reynolds
Publisher: Cengage Learning
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Question
Chapter 11, Problem 35RE
(a)
To determine
To calculate: The elasticity of demand for
(b)
To determine
The affect on total revenue function if price gets increased.
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Check out a sample textbook solutionChapter 11 Solutions
Mathematical Applications for the Management, Life, and Social Sciences
Ch. 11.1 - 1.
Ch. 11.1 - 2. If
Ch. 11.1 - Prob. 3CPCh. 11.1 - 4. Find .
Ch. 11.1 - Prob. 1ECh. 11.1 - Prob. 2ECh. 11.1 - Prob. 3ECh. 11.1 - Prob. 4ECh. 11.1 - Prob. 5ECh. 11.1 - Find the derivatives of the functions in Problems...
Ch. 11.1 - Find the derivatives of the functions in Problems...Ch. 11.1 - Find the derivatives of the functions in Problems...Ch. 11.1 - Find the derivatives of the functions in Problems...Ch. 11.1 - Find the derivatives of the functions in Problems...Ch. 11.1 - 11. Find .
Ch. 11.1 - Prob. 12ECh. 11.1 - In each of Problems 13-18, find the derivative of...Ch. 11.1 - In each of Problems 13-18, find the derivative of...Ch. 11.1 - In each of Problems 13-18, find the derivative of...Ch. 11.1 - In each of Problems 13-18, find the derivative of...Ch. 11.1 - In each of Problems 13-18, find the derivative of...Ch. 11.1 - In each of Problems 13-18, find the derivative of...Ch. 11.1 - 19. Find .
Ch. 11.1 - Prob. 20ECh. 11.1 - Prob. 21ECh. 11.1 - Prob. 22ECh. 11.1 - Prob. 23ECh. 11.1 - 24. Find
Ch. 11.1 - In Problems 25-38, find y'.
Ch. 11.1 - In Problems 25-38, find y'.
26.
Ch. 11.1 - In Problems 25-38, find y'.
27.
Ch. 11.1 - Prob. 28ECh. 11.1 - In Problems 25-38, find y'.
29.
Ch. 11.1 - Prob. 30ECh. 11.1 - In Problems 25-38, find y'.
31.
Ch. 11.1 - Prob. 32ECh. 11.1 - In Problems 25-38, find y'.
33.
Ch. 11.1 - Prob. 34ECh. 11.1 - Prob. 35ECh. 11.1 - Prob. 36ECh. 11.1 - Prob. 37ECh. 11.1 - Prob. 38ECh. 11.1 - Prob. 39ECh. 11.1 - Prob. 40ECh. 11.1 - Prob. 41ECh. 11.1 - Prob. 42ECh. 11.1 - 43. Marginal cost Suppose that the total cost (in...Ch. 11.1 - 44. Investment If money is invested at the...Ch. 11.1 - 45. Marginal revenue The total revenue, in...Ch. 11.1 - 46. Supply Suppose that the supply of x units of a...Ch. 11.1 - 47. Demand The demand function for a product is...Ch. 11.1 - Prob. 48ECh. 11.1 - Prob. 49ECh. 11.1 - Prob. 50ECh. 11.1 - Prob. 51ECh. 11.1 - 52. Women in the workforce From 1950 and projected...Ch. 11.2 - 1. If , find y’.
Ch. 11.2 - 2. If , find y’.
Ch. 11.2 - Prob. 3CPCh. 11.2 - 4. If the sales of a product are given by , where...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Prob. 3ECh. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Prob. 9ECh. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Prob. 13ECh. 11.2 - Prob. 14ECh. 11.2 - Prob. 15ECh. 11.2 - Prob. 16ECh. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Prob. 18ECh. 11.2 - Prob. 19ECh. 11.2 - Prob. 20ECh. 11.2 - Prob. 21ECh. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Prob. 27ECh. 11.2 - Prob. 28ECh. 11.2 - Find the derivatives of the functions in Problems...Ch. 11.2 - Prob. 30ECh. 11.2 - Prob. 31ECh. 11.2 - Prob. 32ECh. 11.2 - Prob. 33ECh. 11.2 - Prob. 34ECh. 11.2 - Prob. 35ECh. 11.2 - Prob. 36ECh. 11.2 - Prob. 37ECh. 11.2 - Prob. 38ECh. 11.2 - In Problems 39-42, find any relative maxima and...Ch. 11.2 - Prob. 40ECh. 11.2 - Prob. 41ECh. 11.2 - Prob. 42ECh. 11.2 - 43. Future value If $P is invested for n years at...Ch. 11.2 - 44. Future value The future value that accrues...Ch. 11.2 - 45. Sales decay After the end of an advertising...Ch. 11.2 - Prob. 46ECh. 11.2 - 47. Marginal cost Suppose that the total cost in...Ch. 11.2 - 48. Marginal revenue Suppose that the revenue in...Ch. 11.2 - 49. Drugs in a bloodstream The percent...Ch. 11.2 - 50. Radioactive decay The amount of the...Ch. 11.2 - 51. Pollution Pollution levels in Lake Sagamore...Ch. 11.2 - Prob. 52ECh. 11.2 - 53. National health care With U.S. Department of...Ch. 11.2 - Prob. 54ECh. 11.2 - Prob. 55ECh. 11.2 - Prob. 56ECh. 11.2 - 58. Blood pressure Medical research has shown...Ch. 11.2 - Prob. 59ECh. 11.2 - Prob. 60ECh. 11.2 - Prob. 61ECh. 11.2 - 62. Carbon dioxide emissions Using U.S. Department...Ch. 11.2 - 65. Disposable income per capita Using U.S. Energy...Ch. 11.2 - Prob. 66ECh. 11.3 - Find the following:
(b) (c)
Ch. 11.3 - Prob. 2CPCh. 11.3 - In Problems 1-6, find dy/dx at the given point...Ch. 11.3 - In Problems 1-6, find at the given point without...Ch. 11.3 - In Problems 1-6, find dy/dx at the given point...Ch. 11.3 - In Problems 1-6, find at the given point without...Ch. 11.3 - In Problems 1-6, find at the given point without...Ch. 11.3 - In Problems 1-6, find at the given point without...Ch. 11.3 - Find dy/dx for the functions in Problems 7-10.
7....Ch. 11.3 - Find for the functions in Problems 7-10.
8.
Ch. 11.3 - Find for the functions in Problems 7-10.
9.
Ch. 11.3 - Find for the functions in Problems 7-10.
10.
Ch. 11.3 - 11.
Ch. 11.3 - 12.
Ch. 11.3 - 13.
Ch. 11.3 - Prob. 14ECh. 11.3 - Prob. 15ECh. 11.3 - 16.
Ch. 11.3 - 17.
Ch. 11.3 - 18. If find .
Ch. 11.3 - 19.
Ch. 11.3 - Prob. 20ECh. 11.3 - Prob. 21ECh. 11.3 - Prob. 22ECh. 11.3 - Prob. 23ECh. 11.3 - Prob. 24ECh. 11.3 - Prob. 25ECh. 11.3 - For Problems 23-26, find the slope of the line...Ch. 11.3 - Prob. 27ECh. 11.3 - Prob. 28ECh. 11.3 - Prob. 29ECh. 11.3 - Prob. 30ECh. 11.3 - Prob. 31ECh. 11.3 - Prob. 32ECh. 11.3 - Prob. 33ECh. 11.3 - 34. If ln find .
Ch. 11.3 - 35.
Ch. 11.3 - Prob. 36ECh. 11.3 - 37.
Ch. 11.3 - Prob. 38ECh. 11.3 - Prob. 39ECh. 11.3 - Prob. 40ECh. 11.3 - Prob. 41ECh. 11.3 - Prob. 42ECh. 11.3 - Prob. 43ECh. 11.3 - Prob. 44ECh. 11.3 - Prob. 45ECh. 11.3 - Prob. 46ECh. 11.3 - Prob. 47ECh. 11.3 - Prob. 48ECh. 11.3 - Prob. 49ECh. 11.3 - Prob. 50ECh. 11.3 - Prob. 51ECh. 11.3 - Prob. 52ECh. 11.3 - Prob. 53ECh. 11.3 - Prob. 54ECh. 11.3 - 55. Advertising and sales Suppose that a company’s...Ch. 11.3 - Prob. 56ECh. 11.3 - 57. Production Suppose that a company can produce...Ch. 11.3 - Prob. 58ECh. 11.3 - 59. Demand If the demand function for q units of a...Ch. 11.3 - Prob. 60ECh. 11.3 - Prob. 61ECh. 11.3 - Prob. 62ECh. 11.3 - Prob. 63ECh. 11.4 - 1. If V represents volume, write a mathematical...Ch. 11.4 - Prob. 2CPCh. 11.4 - 3. True or false: In solving a related-rates...Ch. 11.4 - Prob. 1ECh. 11.4 - In Problems 1-4, find using the given values.
2....Ch. 11.4 - Prob. 3ECh. 11.4 - Prob. 4ECh. 11.4 - Prob. 5ECh. 11.4 - Prob. 6ECh. 11.4 - Prob. 7ECh. 11.4 - Prob. 8ECh. 11.4 - Prob. 9ECh. 11.4 - Prob. 10ECh. 11.4 - Prob. 11ECh. 11.4 - Prob. 12ECh. 11.4 - 13. The radius of a circle is increasing at a rate...Ch. 11.4 - Prob. 14ECh. 11.4 - Prob. 15ECh. 11.4 - Prob. 16ECh. 11.4 - 17. Profit Suppose that the daily profit (in...Ch. 11.4 - 18. Profit Suppose that the monthly revenue and...Ch. 11.4 - 19. Demand Suppose that the price p (in dollars)...Ch. 11.4 - 20. Supply The supply function for a product is...Ch. 11.4 - Prob. 21ECh. 11.4 - Prob. 22ECh. 11.4 - Tumor growth For Problems 23 and 24, suppose that...Ch. 11.4 - Tumor growth For Problems 23 and 24, suppose that...Ch. 11.4 - 25. Allomelric relationships—fish For many species...Ch. 11.4 - Prob. 26ECh. 11.4 - Prob. 27ECh. 11.4 - Prob. 28ECh. 11.4 - Prob. 29ECh. 11.4 - 30. Water purification Assume that water is being...Ch. 11.4 - Prob. 31ECh. 11.4 - 32. Boat docking Suppose that a boat is being...Ch. 11.4 - 33. Ladder safety A 30-ft ladder is leaning...Ch. 11.4 - 34. Flight A kite is 30 ft high and is moving...Ch. 11.4 - 35. Flight A plane is flying at a constant...Ch. 11.4 - 36. Distance Two boats leave the same port at the...Ch. 11.4 - 37. Distance Two cars are approaching an...Ch. 11.4 - 38. Water depth Water is flowing into a barrel in...Ch. 11.4 - Prob. 39ECh. 11.5 - 1. Write the formula for point elasticity, .
Ch. 11.5 - 2. (a) If , the demand is called _______.
(b) If...Ch. 11.5 - Prob. 3CPCh. 11.5 - Prob. 4CPCh. 11.5 - Prob. 1ECh. 11.5 - Prob. 2ECh. 11.5 - In Problems 1 -8, p is in dollars and q is the...Ch. 11.5 - In Problems 1 -8, p is in dollars and q is the...Ch. 11.5 - In Problems 1 -8, p is in dollars and q is the...Ch. 11.5 - In Problems 1 -8, p is in dollars and q is the...Ch. 11.5 - Prob. 7ECh. 11.5 - In Problems 1 -8, p is in dollars and q is the...Ch. 11.5 - 9. Suppose the demand function for a product is...Ch. 11.5 - 10. Suppose the weekly demand function for a...Ch. 11.5 - In Problems 11 and 12, the demand functions for...Ch. 11.5 - In Problems 11 and 12, the demand functions for...Ch. 11.5 - Prob. 15ECh. 11.5 - Prob. 16ECh. 11.5 - Prob. 17ECh. 11.5 - Prob. 18ECh. 11.5 - In Problems 15-24, p is the price per unit in...Ch. 11.5 - In Problems 15-24, p is the price per unit in...Ch. 11.5 - In Problems 15-24, p is the price per unit in...Ch. 11.5 - Prob. 22ECh. 11.5 - In Problems 15-24, p is the price per unit in...Ch. 11.5 - Prob. 24ECh. 11 - In Problems 1-12, find the derivative of each...Ch. 11 - Prob. 2RECh. 11 - Prob. 3RECh. 11 - In Problems 1-12, find the derivative of each...Ch. 11 - Prob. 5RECh. 11 - Prob. 6RECh. 11 - Prob. 7RECh. 11 - Prob. 8RECh. 11 - Prob. 9RECh. 11 - Prob. 10RECh. 11 - Prob. 11RECh. 11 - Prob. 12RECh. 11 - Prob. 13RECh. 11 - Prob. 14RECh. 11 - Prob. 15RECh. 11 - Prob. 16RECh. 11 - Prob. 17RECh. 11 - Prob. 18RECh. 11 - In Problems 15-20, find the indicated...Ch. 11 - Prob. 20RECh. 11 - Prob. 21RECh. 11 - Prob. 22RECh. 11 - Prob. 23RECh. 11 - Prob. 24RECh. 11 - Prob. 25RECh. 11 - Prob. 26RECh. 11 - Prob. 27RECh. 11 - Prob. 28RECh. 11 - 29. Radioactive decay A breeder reactor converts...Ch. 11 - Prob. 30RECh. 11 - Prob. 31RECh. 11 - Prob. 32RECh. 11 - Prob. 33RECh. 11 - Prob. 34RECh. 11 - Prob. 35RECh. 11 - Prob. 36RECh. 11 - 37. Elasticity Suppose the weekly demand function...Ch. 11 - Prob. 38RECh. 11 - Prob. 39RECh. 11 - Prob. 40RECh. 11 - Prob. 41RECh. 11 - In Problems 1-8, find the derivative of each...Ch. 11 - Prob. 2TCh. 11 - Prob. 3TCh. 11 - Prob. 4TCh. 11 - Prob. 5TCh. 11 - In Problems 1-8, find the derivative of each...Ch. 11 - In Problems 1-8, find the derivative of each...Ch. 11 - In Problems 1-8, find the derivative of each...Ch. 11 - Prob. 9TCh. 11 - Prob. 10TCh. 11 - Prob. 11TCh. 11 - 12. Suppose the weekly revenue and weekly cost...Ch. 11 - Prob. 13TCh. 11 - Prob. 14TCh. 11 - Prob. 15TCh. 11 - Prob. 16TCh. 11 - Prob. 17TCh. 11 - Prob. 19T
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- Maximum Sales Growth This is a continuation of Exercise 10. In this exercise, we determine how the sales level that gives the maximum growth rate is related to the limit on sales. Assume, as above, that the constant of proportionality is 0.3, but now suppose that sales grow to a level of 4 thousand dollars in the limit. a. Write an equation that shows the proportionality relation for G. b. On the basis of the equation from part a, make a graph of G as a function of s. c. At what sales level is the growth rate as large as possible? d. Replace the limit of 4 thousand dollars with another number, and find at what sales level the growth rate is as large as possible. What is the relationship between the limit and the sales level that gives the largest growth rate? Does this relationship change if the proportionality constant is changed? e. Use your answers in part d to explain how to determine the limit if we are given sales data showing the sales up to a point where the growth rate begins to decrease.arrow_forwardDecay of Litter Litter such as leaves falls to the forest floor, where the action of insects and bacteria initiates the decay process. Let A be the amount of litter present, in grams per square meter, as a function of time t in years. If the litter falls at a constant rate of L grams per square meter per year, and if it decays at a constant proportional rate of k per year, then the limiting value of A is R=L/k. For this exercise and the next, we suppose that at time t=0, the forest floor is clear of litter. a. If D is the difference between the limiting value and A, so that D=RA, then D is an exponential function of time. Find the initial value of D in terms of R. b. The yearly decay factor for D is ek. Find a formula for D in term of R and k. Reminder:(ab)c=abc. c. Explain why A=RRekt.arrow_forwardGrazing Kangaroos The amount of vegetation eaten in a day by a grazing animal V of food available measured as biomass, in units such as pounds per acre. This relationship is called the functional response. If there is little vegetation available, the daily intake will be small, since the animal will have difficulty finding and eating the food. As the amount of food biomass increases, so does the daily intake. Clearly, though, there is a limit to the amount the animal will eat, regardless of the amount of food available. This maximum amount eaten is the satiation level. a.For the western grey kangaroo of Australia, the functional response is G=2.54.8e0.004V, where G=G(V) is the daily intake measured in pounds and V is the vegetation biomass measured in pounds per acre. i. Draw a graph of G against V. Include vegetation biomass levels up to 2000 pounds per acre. ii. Is the graph you found in part i concave up or concave down? Explain in practical terms what your answer means about how this kangaroo feeds. iii. There is a minimal vegetation biomass level below which the western grey kangaroo will eat nothing. Another way of expressing this is to say that the animal cannot reduce the food biomass below this level. Find this minimal level. iv. Find the satiation level for the western grey kangaroo. b. For the red kangaroo of Australia, the functional response is R=1.91.9e0.033V, Where R is the daily intake measured in pounds and V is the vegetation biomass measured in pounds per acre. i. Add the graph of R against V to the graph of G you drew in part a. ii. A simple measure of the grazing efficiency of an animal involves the minimal vegetation biomass level described above: The lower the minimal level for an animal, the more efficient it is at grazing. Which is more efficient at grazing, the western grey kangaroo or the red kangaroo?arrow_forward
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