Objectives for Section 12.4 Curve Sketching Techniques

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Barnett/Ziegler/Byleen Business Calculus 11e 1 Objectives for Section 12.4 Curve Sketching Techniques The student will modify his/her graphing strategy by including information about asymptotes. The student will be able to solve problems involving average cost.

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Objectives for Section 12.4 Curve Sketching Techniques. The student will modify his/her graphing strategy by including information about asymptotes. The student will be able to solve problems involving average cost. Modifying the Graphing Strategy. - PowerPoint PPT Presentation

Transcript of Objectives for Section 12.4 Curve Sketching Techniques

Page 1: Objectives for Section 12.4  Curve Sketching Techniques

Barnett/Ziegler/Byleen Business Calculus 11e 1

Objectives for Section 12.4 Curve Sketching Techniques

■ The student will modify his/her graphing strategy by including information about asymptotes.

■ The student will be able to solve problems involving average cost.

Page 2: Objectives for Section 12.4  Curve Sketching Techniques

Barnett/Ziegler/Byleen Business Calculus 11e 2

Modifying the Graphing Strategy

When we summarized the graphing strategy in a previous section, we omitted one very important topic: asymptotes. Since investigating asymptotes always involves limits, we can now use L’Hôpital’s rule as a tool for finding asymptotes for many different types of functions. The final version of the graphing strategy is as follows on the next slide.

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Barnett/Ziegler/Byleen Business Calculus 11e 3

Graphing Strategy

Step 1. Analyze f (x) Find the domain of f. Find the intercepts. Find asymptotes

Step 2. Analyze f ’(x) Find the partition numbers and critical values of f ’(x). Construct a sign chart for f ’(x). Determine the intervals where f is increasing and

decreasing Find local maxima and minima

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Barnett/Ziegler/Byleen Business Calculus 11e 4

Graphing Strategy(continued)

Step 3. Analyze f ”(x). Find the partition numbers of f ”(x). Construct a sign chart for f ”(x). Determine the intervals where the graph of f is concave

upward and concave downward. Find inflection points.

Step 4. Sketch the graph of f. Draw asymptotes and locate intercepts, local max and min,

and inflection points. Plot additional points as needed and complete the sketch

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Barnett/Ziegler/Byleen Business Calculus 11e 5

Example

x -

x - x -

Analyze ( )

Step 1.Analyze ( )

Domain: All reals

x and y-intercept: (0,0)

Horizontal asymptote: lim Apply L'Hopital's rule

1lim lim 0

x

x

x

xx

xf x

ex

f xe

x

e

ee

So y = 0 is a horizontal asymptote as x - .There is no vertical asymptote.

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Barnett/Ziegler/Byleen Business Calculus 11e 6

Example(continued)

Step 2 Analyze f'(x)

'( )

( 1)

x x

x x x

d df x x e e x

dx dx

xe e e x

Critical value for f (x): -1

Partition number for f ’(x): -1

A sign chart reveals that f (x) decreases on (-, -1), has a local min at x = -1, and increases on (-1, )

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Barnett/Ziegler/Byleen Business Calculus 11e 7

Example (continued)

3. Analyze f"(x)

"( ) ( 1) ( 1)

( 1) ( 2)

Partition number is -2.

x x

x x x

Step

d df x e x x e

dx dx

e x e e x

A sign chart reveals that the graph of f is concave downward on (-, -2), has an inflection point at x = -2, and is concave upward on (-2, ).

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Barnett/Ziegler/Byleen Business Calculus 11e 8

Example (continued)

Step 4. Sketch the graph of f using the information from steps 1-3.

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Barnett/Ziegler/Byleen Business Calculus 11e 9

Application Example

If x CD players are produced in one day, the cost per day is

C (x) = x2 + 2x + 2000

and the average cost per unit is C(x) / x.

Use the graphing strategy to analyze the average cost function.

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Barnett/Ziegler/Byleen Business Calculus 11e 10

A. Domain: Since negative values of x do not make sense and is not defined, the domain is the set of positive real numbers.

B. Intercepts: None

C. Horizontal asymptote: None

D. Vertical Asymptote: The line x = 0 is a vertical asymptote.

Example (continued)

Step 1. Analyze

(0)C

x

xx

x

xCxC

20002)()(

2

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Barnett/Ziegler/Byleen Business Calculus 11e 11

Example (continued)

Oblique asymptotes: If a graph approaches a line that is neither horizontal nor vertical as x approaches or -, that line is called an oblique asymptote.

If x is a large positive number, then 2000/x is very small and the graph of approaches the line y = x+2.

This is the oblique asymptote.

( )C x

x

xx

x

xCxC

20002)()(

2

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Barnett/Ziegler/Byleen Business Calculus 11e 12

2 2

2 2

(2 2) ( 2 2000) 2000'( )

x x x x xC x

x x

Critical value for : (2000) = 44.72. If we test values to the left and right of the critical point, we find that is decreasing on (0, (2000) , and increasing on ((2000) , ) and has a local minimum at x = (2000).

Example (continued)

Step 2. Analyze

C)(xC

)(' xC

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Barnett/Ziegler/Byleen Business Calculus 11e 13

Example (continued)

Step 3. Analyze

2 2

4 4

(2 ) ( 2000)(2 ) 4000''( ) : ''( )

x x x x xC x C x

x x

Since this is positive for all positive x, the graph of the average cost function is concave upward on (0, )

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Barnett/Ziegler/Byleen Business Calculus 11e 14

Example (continued)

Step 4. Sketch the graph. The graph of the average cost function is shown below.

2000

100

Min at ~45

x

xx

x

xCxC

20002)()(

2

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Barnett/Ziegler/Byleen Business Calculus 11e 15

We just had an application involving average cost. Note it was the total cost divided by x, or

This is the average cost to produce one item.

There are similar formulae for calculating average revenue and average profit. Know how to use all of these functions!

x

xCC

)(

x

xCC

)(

x

xRR

)(

x

xPP

)(

Average Cost