# Question 1 ![{F2B9541B-EF52-47EA-9F77-BCE55FA2CF29}](https://hackmd.io/_uploads/HkMZ6lvAR.png) a. Identify all intervals on which $f(x)$ is decreasing. b. Identify all intervals on which $f(x)$ is increasing. c. Identify all intervals on which $f(x)$ is concave up. d. Identify all intervals on which $f(x)$ is concave down. ::: spoiler <summary> Example: </summary> ::: # Question 2. Find the second derivative for each function: a. $f(x)=6x-4$ ::: spoiler <summary> Example: </summary> ### Problem: Find the second derivative of $f(x) = 5x - 7$ #### Step 1: Find the first derivative We start by differentiating $f(x)$ to find the first derivative: $$ f'(x) = \frac{d}{dx}(5x - 7) = 5 $$ #### Step 2: Find the second derivative Now, we differentiate $f'(x)$ to find the second derivative: $$ f''(x) = \frac{d}{dx}(5) = 0 $$ ### Conclusion: The second derivative of $f(x) = 5x - 7$ is $f''(x) = 0$. ::: b. $g(x)=3x^2+5x+12$ ::: spoiler <summary> Example: </summary> ### Problem: Find the second derivative of $f(x) = 5x^2 + 6x + 7$ #### Step 1: Find the first derivative We start by differentiating $f(x)$ to find the first derivative: $$ f'(x) = \frac{d}{dx}(5x^2 + 6x + 7) = 10x + 6 $$ #### Step 2: Find the second derivative Now, we differentiate $f'(x)$ to find the second derivative: $$ f''(x) = \frac{d}{dx}(10x + 6) = 10 $$ ### Conclusion: The second derivative of $f(x) = 5x^2 + 6x + 7$ is $f''(x) = 10$. ::: c. $h(x)=-x^3+2x^2-5$ ::: spoiler <summary> Example: </summary> ### Problem: Find the second derivative of $f(x) = -x^3 + 4x^2 - 6$ #### Step 1: Find the first derivative We start by differentiating $f(x)$ to find the first derivative: $$ f'(x) = \frac{d}{dx}(-x^3 + 4x^2 - 6) = -3x^2 + 8x $$ #### Step 2: Find the second derivative Now, we differentiate $f'(x)$ to find the second derivative: $$ f''(x) = \frac{d}{dx}(-3x^2 + 8x) = -6x + 8 $$ ### Conclusion: The second derivative of $f(x) = -x^3 + 4x^2 - 6$ is $f''(x) = -6x + 8$. ::: d. $i(x)=\ln x$ ::: spoiler <summary> Example: </summary> ### Problem: Find the second derivative of $f(x) = 3\ln(4x)$ #### Step 1: Find the first derivative We start by differentiating $f(x) = 3\ln(4x)$. Using the chain rule: $$ f'(x) = 3 \cdot \frac{d}{dx}(\ln(4x)) = 3 \cdot \frac{1}{4x} \cdot 4 = \frac{3}{x} $$ Now, rewrite $\frac{3}{x}$ as $3x^{-1}$: $$ f'(x) = 3x^{-1} $$ #### Step 2: Find the second derivative Now, differentiate $f'(x) = 3x^{-1}$ using the power rule. $$ f''(x) = \frac{d}{dx}(3x^{-1}) = 3 \cdot (-1) \cdot x^{-2} $$ Simplify the result: $$ f''(x) = -\frac{3}{x^2} $$ ### Conclusion: The second derivative of $f(x) = 3\ln(4x)$ is $f''(x) = -\frac{3}{x^2}$. ::: e. $j(x)=e^{3x}$ ::: spoiler <summary> Example: </summary> ### Problem: Find the second derivative of $f(x) = e^{4x}$ #### Step 1: Find the first derivative We start by differentiating $f(x) = e^{4x}$. Using the chain rule: $$ f'(x) = \frac{d}{dx}(e^{4x}) = e^{4x} \cdot \frac{d}{dx}(4x) = 4e^{4x} $$ #### Step 2: Find the second derivative Now, we differentiate $f'(x) = 4e^{4x}$ to find the second derivative. Again, applying the chain rule: $$ f''(x) = \frac{d}{dx}(4e^{4x}) = 4 \cdot e^{4x} \cdot \frac{d}{dx}(4x) = 16e^{4x} $$ ### Conclusion: The second derivative of $f(x) = e^{4x}$ is $f''(x) = 16e^{4x}$. ::: # Question 3 (Inflation) On commonly used measure of inflation is the annual rate of change of the Consumer Price Index (CPI). A newspaper headline proclaims that the rate of change of inflation for consumer prices is increasing. What does this say about the shape of the graph of the CPI? # Question 4: (Inflation) Another commonly used measure of inflation is the annual rate of change of the Producer Price Index (PPI). A government report states that the rate of change of inflation for producer prices is decreasing. What does this say about the shape of the graph of the PPI? # Question 5: Match the indicated conditions with one of the graphs (A)-(D) shown in the figure. a. $f'(x) > 0$ and $f''(x) > 0$ on $(a, b)$. b. $f'(x) > 0$ and $f''(x) < 0$ on $(a, b)$. c. $f'(x) < 0$ and $f''(x) > 0$ on $(a, b)$. d. $f'(x) < 0$ and $f''(x) < 0$ on $(a, b)$. ![{E71C6A8B-F18C-41DD-86F5-BE239754640A}](https://hackmd.io/_uploads/Bk9PClD0C.png) # Question 6. Find the intervals on which the graph of f(x) is concave upward, the intervals on which the graph of f(x) is concave downward, and the inflection points. $$f(x)=x^4-2x^3-5x+3$$ ::: spoiler <summary> Example: </summary> Given $f(x)=\dfrac{5}{12}x^4+\dfrac{5}{3}x^3+4x+7$ ### Problem: Analyze the concavity and inflection points of $f(x)$ We are given the function: $$ f(x) = \frac{5}{12}x^4 + \frac{5}{3}x^3 + 4x + 7 $$ ### Step 1: Find the second derivative First, we need to compute the first and second derivatives of $f(x)$. #### First derivative: The first derivative is: $$ f'(x) = \frac{d}{dx} \left( \frac{5}{12}x^4 + \frac{5}{3}x^3 + 4x + 7 \right) = \frac{5}{3}x^3 + 5x^2 + 4 $$ #### Second derivative: The second derivative is: $$ f''(x) = \frac{d}{dx} \left( \frac{5}{3}x^3 + 5x^2 + 4 \right) = 5x^2 + 10x $$ ### Step 2: Solve $f''(x) = 0$ To find potential inflection points, we solve $f''(x) = 0$: $$ 5x^2 + 10x = 0 $$ Factor the equation: $$ 5x(x + 2) = 0 $$ The solutions are: $$ x = 0 \quad \text{or} \quad x = -2 $$ These are the critical points where the concavity might change, so we will analyze the sign of $f''(x)$ around these points. ### Step 3: Sign chart for the second derivative We now analyze the sign of $f''(x) = 5x(x + 2)$ in the intervals determined by the critical points $x = 0$ and $x = -2$. These points divide the real line into three intervals: $(-\infty, -2)$, $(-2, 0)$, and $(0, \infty)$. We will test the sign of $f''(x)$ in each interval. | Interval | Test $x$ value | $f''(x) = 5x(x + 2)$ | Sign | |-------------------|----------------|----------------------------------|----------| | $(-\infty, -2)$ | $x = -3$ | $f''(-3) = 5(-3)((-3) + 2) = 15$ | Positive | | $(-2, 0)$ | $x = -1$ | $f''(-1) = 5(-1)((-1) + 2) = -5$ | Negative | | $(0, \infty)$ | $x = 1$ | $f''(1) = 5(1)(1 + 2) = 15$ | Positive | ### Step 5: Find the $y$ values of the inflection points To find the $y$ values of the inflection points, we substitute the $x$-coordinates of the inflection points ($x = -2$ and $x = 0$) into the original function $f(x)$. - For $x = -2$: $$ \begin{align*} f(-2) &= \frac{5}{12}(-2)^4 + \frac{5}{3}(-2)^3 + 4(-2) + 7 \\ &= \frac{5}{12}(16) + \frac{5}{3}(-8) + (-8) + 7 \\ &= \frac{80}{12} - \frac{40}{3} - 8 + 7 \\ &= \frac{80}{12} - \frac{160}{12} - \frac{96}{12} + \frac{84}{12} \\ &= \frac{80 - 160 - 96 + 84}{12} \\ &= \frac{-92}{12} = -\frac{23}{3} \end{align*} $$ So, the inflection point at $x = -2$ is $(-2, -\frac{23}{3})$. - For $x = 0$: $$ \begin{align*} f(0) &= \frac{5}{12}(0)^4 + \frac{5}{3}(0)^3 + 4(0) + 7 \\ &= 7 \end{align*} $$ So, the inflection point at $x = 0$ is $(0, 7)$. ### Step 6: Conclusion - The graph of $f(x)$ is **concave upward** on the intervals $(-\infty, -2) \cup (0, \infty)$. - The graph of $f(x)$ is **concave downward** on the interval $(-2, 0)$. - The **inflection points** are at $(-2, -\frac{23}{3})$ and $(0, 7)$. :::