Chapter 8
, is a function of the number of full price tickets, x,
and the number of discount tickets, y, sold. When 300 full price and 600 discount
tickets are sold, R = $225,000. Use partial derivatives
to estimate revenue when x = 304 and y = 603.
Learning Objectives: Estimate and interpret partial derivatives. difficulty: medium
section: 8.3
The amount in dollars, A, spent weekly by a household on food is a function of the
household’s weekly income in dollars, I, and the number of people in the household, n.
Thus,
. If AI (1000, 4) = a > 0, then which of the following is true?
At a weekly income of $1000 and a household size of 4, an increase of 1 person
in the household produces a decrease of $a in the amount spent weekly on food.
At a weekly income of $1000 and a household size of 4, an increase of $1 in
weekly income produces a decrease of $a in the amount spent weekly on food.
At a weekly income of $1000 and a household size of 4, an increase of 1 person
in the household produces an increase of $a in the amount spent weekly on food.
At a weekly income of $1000 and a household size of 4, an increase of $1 in
weekly income produces an increase of $a in the amount spent weekly on food.
Ans: D Learning Objectives: Estimate and interpret partial derivatives.
difficulty: medium section: 8.3
Suppose that the price P (in dollars) to purchase a used car is a function of C, its original
cost (in dollars), and its age A (in years). So P = f(C, A). What is the sign of
Ans: A Learning Objectives: Estimate and interpret partial derivatives.
difficulty: easy section: 8.3
The consumption of beef, C (in pounds per week per household) is given by the function
C = f(I, p), where I is the household income in thousands of dollars per year, and p is the
price of beef in dollars per pound.
Do you expect
to be positive or negative?
Ans: A Learning Objectives: Estimate and interpret partial derivatives.
difficulty: easy section: 8.3