Applied Mathematics for Business and Economics

(sharon) #1

Lecture Note Differentiation


(^) Concave down
Concave up
f′′()x
xf )(
(^) |
(^) (-)^ (+) x
2


1


Test x= -1 Test x=1

f′′(1) 6(1) 3 9 0−=−−=−< f′′(1)=6 ( 1) 3 3+−=>^0


f is concave upward on


1


,


2


⎛⎞+∞



⎝⎠


⎟and downward on

1


,


2


⎛⎞−∞


⎜⎟


⎝⎠


b.

11


24


f

⎛⎞


⎜⎟=


⎝⎠


9


changes concavity at

1


2


x= , therefore the point

119


,


24



⎜ is a

point of inflection.



⎝⎠






Inflection point
119
,
24

⎛⎞


⎜⎟


⎝⎠


(0, 5)


9


1,


2


⎛⎞


⎜⎟


⎝⎠


Second-Derivative Test
Suppose thatfa′()= 0.
Iffa′′( )> 0 , then f has a relative minimum atx=a.
Iffa′′( )< 0 , then f has a relative maximum atx=a.
However, iffa′′( )= 0 , the test is inconclusive and f may have a relative
maximum, a relative minimum, or no relative extremum all at x=a.





a

x

y ()
()

0


0


fa
fa

′ =


′′ <


y ( )
()

0


0


fa
fa

′ =






a

′′ >


Relative maximum Relative minimum

x
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