Page 236 - How To Solve Word Problems In Calculus
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The profit realized from the sale of the 100th unit is approximately
                                    $54.The exact profit = P (100) − P (99) = 24,600 − 24,548 = $52.
                                 6. Let x = supply (thousands of units)
                                        p = price (dollars) per unit
                                          dp              dx
                                    Given:    = 1    Find:   when p = 100
                                           dt             dt

                                                   √
                                             2
                                            x + 2x   p − p = 25
                                             2
                                            x + 2xp 1/2  − p = 25

                                              dx        1  −1/2  dp    1/2  dx   dp
                                            2x   + 2 x    p        + (p  )    −     = 0
                                              dt        2      dt         dt     dt
                                              dx     x dp     √ dx    dp
                                            2x   + √      + 2 p     −    = 0
                                              dt      p dt       dt   dt

                                             dp
                                    We know     and we know p at the instant in question.We need
                                             dt
                                    to determine the corresponding value of x.

                                                          √
                                                     2
                                                   x + 2x   p − p = 25
                                                       √
                                                 2
                                When p = 100,   x + 2x 100 − 100 = 25
                                                     2
                                                    x + 20x − 100 = 25
                                                     2
                                                    x + 20x − 125 = 0
                                                    (x + 25)(x − 5) = 0

                                                                x = 5   (The value x =−25 is discarded.)

                                                               dp                 dx
                                    We substitute x = 5, p = 100,  = 1 and solve for  :
                                                               dt                 dt


                                                   dx     5        √     dx
                                               2(5)   + √    (1) + 2 100    − 1 = 0
                                                   dt     100            dt
                                                             dx   1      dx
                                                           10   +   + 20    − 1 = 0
                                                             dt   2      dt
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