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Study Unit 5: Calculus Chapter 6: Sections 6.1, 6.2.1, 6.3.1 Chapter 8: Section 8.1, 8.2 and 8.5

This document discusses key concepts in calculus including: - Rate of change, which consists of size and direction of change. Slope indicates the rate of change and its value and sign indicate the size and direction. - Differentiation is used to determine the rate of change or slope of a curve at a given point. The derivative dy/dx represents the slope of the curve. - The basic differentiation rule is that the derivative of x^n is nx^(n-1). Examples are provided to demonstrate applying this rule. - Differentiation has important applications in determining critical points like maxima and minima, and in marginal analysis of revenue and cost functions.
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0% found this document useful (0 votes)
122 views19 pages

Study Unit 5: Calculus Chapter 6: Sections 6.1, 6.2.1, 6.3.1 Chapter 8: Section 8.1, 8.2 and 8.5

This document discusses key concepts in calculus including: - Rate of change, which consists of size and direction of change. Slope indicates the rate of change and its value and sign indicate the size and direction. - Differentiation is used to determine the rate of change or slope of a curve at a given point. The derivative dy/dx represents the slope of the curve. - The basic differentiation rule is that the derivative of x^n is nx^(n-1). Examples are provided to demonstrate applying this rule. - Differentiation has important applications in determining critical points like maxima and minima, and in marginal analysis of revenue and cost functions.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Study Unit 5 : Calculus

Chapter 6: Sections 6.1, 6.2.1, 6.3.1


Chapter 8: Section 8.1, 8.2 and 8.5

• In Business world the study of change important


Example: change in the sales of a company; change in the
value of the rand; change in the value of shares; change in
the interest rate etc.

• Equally important is the rate at which these changes take


place.
Example: If the sales of a company increased by
R2 000 000,00, it is important to know whether this change
occurred over one year, two years or ten years.

• Rate of change: changes over time, change in costs for


different production quantities in a production process, etc.

• Change consists of two components: size and direction.

Let’s look at linear function : y = mx + c.

• Slope (m) is the change in y which corresponds to change


change in y y2 − y1
of one unit in the value of x: = .
change in x x2 − x1
2

• Slope => indication of rate of change = constant

• Value of the slope => size of the change

• Sign of the slope => direction of the change.

• positive sign – an increase;

• negative sign – a decrease.

Let’s look at a non-linear function, for example a quadratic


function

The size and direction are not constant, but change


continuously.

Use the mathematical technique of Differentiation to


determine the rate of change.
3

1. Differentiation

• Slope of a curve = change in y / change in x = rate


curve change

• Use differentiation to get slope at a given point

• dy/dx = f ’(x) derivative of y with respect to x

• Pronounce this as ”dee-y-dee-x.”

• Use rules of differentiation to obtain the derivative

• Many rules of differentiation –look at just 1 namely

Basic Rule:
d n
If f(x) = xn, then f '(x) or= (x ) nx n−1for n ≠ 0
dx
For example

• n integer and positive


d 4
= x 4−1 4 x 3
(x ) 4=
dx

• n integer and negative


d −3 3
−3x −3−1 =
(x ) = −3x −4 =
− 4
dx x
4

• n is a fraction and positive

d 12 1 12 − 1 1 − 12 1 1
(=
x ) x = x= = 1
dx 2 2 2 x
2x 2

• n is a fraction and negative

d − 12 1 − 12 −1 1 − 23 1 1 1
(x ) =
− x =
− x = − 3 = − 1
=

dx 2 2 3 2 x 3
2x 2
2(x ) 2

Note:
1. The derivative of any constant term say a, that is a term
which consists of a number only, is zero:

da
= 0 , where a is a constant.
dx

Example: f(x) = 4 then f '(x) = 0.


5

d
2. a f ( x )  = a f '(x).
dx
Example: f(x) = 7x5 then f '(x) = 7 × 5x4 = 35x4.

3. If f=
( x) g ( x) + h( x) , then f=
'( x) g '( x) + h '( x) .

Example: f(x) = 7x5 + 2x3 then f '(x) = 35x4 + 6x2


Example: f(x) = 4 + 8x2 then f '(x) = 0 + 16x

Steps:
1. First we need to simplify the given expression so that
we can use the basic rule of differentiation.
2. Secondly we differentiate the new expression using the
d
=
basic rule x n nx n −1 where n ≠ 0 of differentiation
dx
For example:
d 1 d 3
1. ( 3 ) =(x −3 ) =
−3x −3−1 =
−3x −4 =
− 4
dx x dx x
d d 12 1 12 − 1 1 − 12 1 1
2. =
x (=
x ) x = x= = 1
dx dx 2 2 2 x
2x 2

Discussion class example 19, 20


6

Question 19

Differentiate the following expression:


x3 − 4 x 2 + 4 x + 5

Solution

We can differentiate the expression using the basic


d
rule x n nx n −1 where n ≠ 0 . Therefore
=
dx

d 3
x + 5 (1)(3) x 3−1 − (4)(2) x 2−1 + (4)(1) x1−1 + 0
x − 4 x 2 + 4=
dx
= 3x 2 − 8 x + 4 x0 because x 0 = 1
= 3x 2 − 8 x + 4
7

Question 20

Differentiate the following expression:


x2 ( x – 4 − x )

Solution
d n
The basic rule of differentiation states that x = nx n −1 when
dx
n ≠ 0 . To make use of this rule we first need to simplify the
expression so that has the same format. We can write
1
2
x as x when changing from square root form to exponential
form. Thus
1
x2 ( x – 4 − =
x ) x2 ( x – 4 − x2 )
1
= x 2 x1 − 4 x 2 − x2 x 2
1
2+1 2+ 2
= x − 4x −
2
x
1
2
=x3 − 4 x 2 − x 2

5
=x3 − 4 x 2 − x2
8

Now we differentiate the simplified expression, using the


d n
basic rule of differentiation namely x = nx n−1 when
dx
n ≠ 0:
5 5
dy 3 3−1 2−1 5 2 −1
x − 4 x − x = 3 x − 4(2) x − ( ) x
2 2
dx 2
3
5
= 3x 2 − 8 x − x 2
2
5 3
= 3x 2 − 8 x − x
2
9

• Application :
 Also called rate of change because slope is
rate of change
 Slope of a tangent line at a given point –
derivative at that point.
 Minimum or maximum, vertex, turning
point => slope = 0 => dy/dx = 0
Discussion class example 14 (c) using
differentiation
10

Question 14(c)

Profit =
−30 P 2 + 7800 P − 432000
? Maximum profit and price

The profit function derived in is a quadratic function with


a=
−30, b =
7800 and c =
−432000 .

As a < 0 the shape of the function looks like a “sad face” and
the function thus has a maximum at the function’s turning
point or vertex (P ; Q).

The price P at the turning point, or where the profit is a


maximum, is
b 7800 −7800
P=
− =
− = =
130
2a 2 × −30 −60

and thus the maximum profit :

Profit =
−30(130) 2 + 7800(130) − 432000 =
75000 .
11

Using differentiation:

Now Profit =
−30 P 2 + 7800 P − 432000

The slope of the tangent line at the turning point is zero.


Determine the slope of the tangent line by differentiating the
profit function:

Thus

−30(2) P 2−1 + 7800(1) P1−1 − 0


Profit ' =
Slope = −60 P + 7800

Now slope = 0 at the turning point:


−60 P + 7800 =
0
−60 P =
−7800

−7800
P=
−60
P = 130

Same as previous method.


12

 Marginal analysis

change in revenue
Marginal revenue =
change in number of units
 slope of the revenue function.
MR = dTR/dQ

change in cost
Marginal cost =
change in number of units
 slope of the cost function.
 MC =dTC/dQ

Discussion class example 21


13

Question 21
What is the marginal cost when Q =10 if the total cost is given
by:
TC = 20Q4 – 30Q2 + 300Q + 200?

Solution
The marginal cost function is the differentiated total cost
function. Thus by differentiating the total cost function we can
determine the marginal cost function. Now if the total cost
function is

TC = 20Q4 – 30Q2 + 300Q + 200

then the marginal cost function is


dTC
MC = = 80Q 3 − 60Q + 300 .
dQ

Now the marginal cost function’s value when Q is equal 10 is

MC = 80(10)3 – 60(10) + 300 = 80 000 – 600 + 300 = 79 700.


14

2. Integration

• Is the reverse of differentiation

d(y)/dx
y d(y)

∫ d(y)
o Indefinite integral : different rules
Steps:

• Simplify function before you integrate – write it so that


you can apply the integration rule for example

o ∫ (ax + b)= ∫ ax + ∫ b
1
1 −
o ∫ x
= ∫x 2

• Apply basic integration rule

x n+1
∫ x= + c where n ≠ −1
n
dx
n +1
ax 0+1
∫ a dx = 1 + c = ax + c where a is a constant
Discussion class example 22 and 23

• Hint : test your answer: differentiate answer, must be


equal to function integrated.
15

Question 22
Evaluate the following

∫ + 2 x + 3)dx
2
( x

Solution
To integrate the function we make use of the basic rule of
x n +1
∫ x n + 1 + c when n ≠ −1. Therefore:
integration namely = n

∫ (x + 2 x + 3)d= ∫x dx + ∫ 2 x dx + ∫ 3dx
2 2
x

x 2+1 2 x1+1 3 x 0+1


= + + +c
2 +1 1+1 0 +1
x3 2 x 2 3x
= + + +c
3 2 1
x3
= + x 2 + 3x + c
3
16

Question 23
Q +1
Determine ∫ Q dQ
Solution
First simplify the function to be integrated:
Q + 1 (Q + 1)
= 1
Q
Q2
1

= (Q + 1)Q 2

1 1

= Q +Q 2 2

x n +1
∫ x n + 1 + c when n ≠ −1
Integrate the function using rule =
n

1 1 1 1
− −
∫ (Q 2 2
∫Q + ∫Q
+ Q ) dQ = 2 2

1 1
+1 − +1
2 2
Q Q
= + +c
1 1
+1 − +1
2 2
3 1
2 2
Q Q
= + +c
3 1
2 2
2 2
= Q3 × + Q× +c
3 1

2 Q3
= +2 Q +c
3
17

Definite integral: area under a given curve between two


points a and b:
b x n+1 x n+1
∫a x dx = (x =
b) − (x =
n
a)
n +1 n +1

 Steps :
1. Simplify the function
2. Integrate the function by applying the
basic rule of integration
3. Calculate the value of the integrated
function at the value a – substitute the
values a into the integrated function –
answer 1
4. Calculate the value of the integrated
function at the value b – substitute the
values b into the integrated function –
answer 2
5. Subtract answer 2 from answer 1

Discussion class example 24


18

Question 24
Evaluate
1

∫ ( z + 1) dz
−1

Solution
To determine a definite integral we first integrate the function,
x n +1
∫ x n + 1 + c when n ≠ −1, and then
using the basic rule = n

substitute the values between which the integral has to be


calculated, into the integrated function.

Step 1: Integrate function:

1 1
1 0
∫ ( z + 1) dz = ∫ ( z + z ) dz
−1 −1

z1+1 z 0+1 1
( + ) −1
1+1 0 +1

z2
= ( + z ) −11
2
19

Step 2: Substitute the values between which the integral has


to be calculated: Thus
x=a
F ( x) x=
=b
F (a ) − F (b) .

Thus

z2 1 z   z2 
2
( + z ) −1 =  + z  −  + z
2  2  with z =1  2  with z =−1
 (1)2   (−1)2 
=  + (1)  −  + (−1) 
 2   2 

 1 1 
= 1  −  − 1
 2 2 

1 1
= 1 − (− )
2 2

1 1
= 1 +
2 2

=2

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