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Calculus

Calculus

1) y = – x3 + 8×2- 5x + 3 
a) Graph “y”. Be sure to label all maximum and minimum points and 
intercepts. 
b) Graph the slope of “y” directly below y. Line up the graphs so that the x 
values of the two graphs coincide. 
(11) 
(112) 
Econ 3410 
FINAL 
SPRING 2020 
Professor Rones page 2 
2) y = ( 2×3 – 8x)4 
Find dy/dx when X = – 72 
3) A monopolist sells a product in two separate markets at different prices; i.e., he price 
discriminates. The demand curves in these markets are: 
PA= 100 – QA and Pg = 60 – 0.5 QB His average cost function (ATC) is: ATC = Q + 100/Q where Q = QA + QB 
In your calculations, let it be defined as profit. 
(Hint: Find an equation for it. Then replace with QA+ Qe. Then, maximize with respect to QA and QB.) 
a) Use Cramer’s Rule to find the profit maximizing quantities QA* and Q8*. 
(If you absolutely do not remember Cramer’s rule, do it any way you can.) 
You do NOT have to check second derivative conditions for a maximum. 
b) Find the maximum profit, T*

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