UNIVERSIDAD DE ESPECIALIDADES ESPIRITU SANTO

ICP
INTERNATIONAL CAREERS PROGRAM
CALCULUS 1 FINAL EXAM


NAME: ___________________________ DATE: 10/24/13



QUESTION 1 (15 PTS)


Find

given that

2
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius

QUESTION 2 (10 PTS)
At a certai n company the Cobb-Dougl as producti on functi on i s given
by:

a) Gi ven that x denotes Labour, whil e y denotes capital , determi ne
the change in producti on i n the number of produced uni ts i f
Labour units change from 200 to 250 and Capi tal changes from
300 to 325

b) Demonstrate that i s homogeneous, i denti fy its degree.


3
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius


QUESTION 3 (10 PTS)

Cal cul ate the fol l owi ng deri vatives:

a)

for

,
Where , ,

b)

for

4
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius

QUESTION 4 (20 PTS)

a) Find the extreme relatives for:

5
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius

b) Find the extreme relatives for

subject to



6
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius

QUESTION 5 (5 PTS)

The functions described below correspond to the functions of demand for a pair of articles. By making
use of partial derivatives, indicate what might be the possible relationship, if theres any, between these 2
articles.

7
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius



QUESTION 6 (10 PTS)


A company sells 2 products. The total revenue R is a function of the sold units, such that

, where x and y are the number of

units of each product that are sold. Manufacturing cost is given by
.
a) Determine the number of units to be sold per product to maximize annual profit.
b) What is the Total revenue?
c) What are the total costs?
d) What is the maximum profit?








































8
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius





QUESTION 7 (15 PTS)



In Economics, the Costs of producing X & Y units two capital goods G1 & G2 might be measured by a
function C (x,y). So sometimes to minimize a certain function we must as well consider the effect of the
variable costs and others. For instance assuming the following functions, minimize C(x,y) subject to the
given constraint.

9
The will to win, the desire to succeed, the urge to reach your full
potential... these are the keys that will unlock the door to personal
excellence. Confucius







QUESTION 8 (15 PTS)


FIND ALL SECOND ORDER DERIVATIVES FOR: