Find the stationary values

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Reference no: EM131594063

Problem 1 - Find the stationary values of the following (check whether they are relative maxima or minima or inflection points), assuming the domain to be the set of all real numbers:

a) y = -2x² + 8x + 7

b) y = 5x² + x

Problem 2 - Find the stationary values of the following (check whether they are relative maxima or minima or inflection points), assuming the domain to be the interval [0, ∞):

a) y = 1/3 x³ - x² + x + 10

Problem 3 - Find the relative maxima and minima of y by the second-derivative test:

a) y = x³ + 6x² + 9

b) y = 1/3x³ - 3x² + 5x + 3

Textbook - Fundamental Methods of Mathematical Economics, Fourth Edition

Chapter 9 - Optimization: A Special Variety of Equilibrium Analysis

Reference no: EM131594063

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len1594063

8/8/2017 6:12:21 AM

Detailed Question: Chapter 9. Exercise 9.2: Problem #’s 1 (parts a. and b. only) and 2 (part b. only) Exercise 9.4: Problem # 1 (part b. and c. only). Find the stationary values of the following (check whether they are relative maxima or minima or inflection points).

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