Problem Set

Functional Notation


HIDE SOLUTIONS

1.     f(x) = x2  +  5x –24

a.  Find f(0)

Answer:

f(0) = (0)2  +  5(0) –24  =  -24

b.  Find f(-1)

Answer:

f(-1) = (-1)2  +  5(-1) –24  =  -28

c.  Find f(3)

Answer:

f(3) = (3)2  +  5(3) –24  =  0

2.     f(x) = 3x2 –4

a.  Find f(0)

Answer:

f(0) =  3(0)2 –4  = -4

b.  Find f(-1)

Answer:

f(-1) =   3(-1)2 –4  = -1

c.  Find f(1)

Answer:

f(1) =   3(1)2 –4  = -1

d.  Find f(.5)

Answer:

f(.5) =  = (.5)2 –4  = -3.25

3. Consider the following demand function:

d(p) = p2 –20p + 125

a. find d(2)

Answer:

d(2) = 22 –20(2) + 125  = 89

b. find d(5)

Answer:

d(5) = 52 –20(5) + 125  = 50

c. find d(8)

Answer:

d(8) = 82 –20(8) + 125  = 29

d. find d(10)

Answer:

d(10) = 102 –20(10) + 125  = 25

4.        

a.  find f(4)

Answer:

b.  find f(6)

Answer:

c.  find f(15)

Answer:

5.         f(x) = x – 3   and g(x) = x2 + 2

a. find f(0)  + g(0)

Answer:

f(0)  + g(0)  = (1-3)  + (02 + 2)   = -1

b. find  [f(1)] [g(2)]

Answer:

[f(1)] [g(2)]  = [1 – 3] [22 + 2]  =  -12

6.        

a. Find f(2)

Answer:

b. Find f(0)

Answer:

c. Find f(-4)

Answer:

7.  A firm spends x dollars on product development and y dollars on advertising. Its profit is described by the following relationship:

a. What is profit if the firm spends $2,000 on product development and $5,000 on advertising?

b. What is profit if the firm spends $10,000 on product development and $8,000 on advertising?

Solution:

a.  

Profit is $366,000.

b.  

Profit is $1,476,000.

[Index]