Exercises
Real functions and economic models
Problems to solve on your own. The final solution appears with the button below each problem; each exercise also has its own page, to share with the link.
1. Domain of a rational function
Find the natural domain of .
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2. Domain of a root
Find the natural domain of .
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3. Domain of a logarithm of a quotient
Find the natural domain of .
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4. Inverse of a linear function
Find the inverse of and verify that .
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5. Inverse of a logarithmic function
Find the inverse of , defined for , with its domain.
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6. Compositions and their domains
Let and . Write and and find their domains.
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7. Line through two points
Find the linear function whose graph passes through and , with its slope and its intercept.
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8. Fixed cost and unit cost
A firm spends euros to produce pieces and euros to produce . Assuming the cost is linear, find the fixed cost and the variable unit cost.
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9. Parallel line through a point
Write the equation of the line that passes through the point and is parallel to the line .
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10. Equilibrium price and quantity
The demand and supply of a good are and . Find the equilibrium price and quantity.
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11. Break-even point with constant price
A product has fixed costs of euros, a variable cost of euros per unit and a selling price of euros. Find the break-even point.
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12. Vertex and minimum value of a parabola
Find the vertex of the parabola and the minimum value of .
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13. Maximum profit and break-even points
A firm has cost and inverse demand . Find the quantity that maximizes profit, the maximum profit and the break-even points.
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14. Doubling time of a capital
A capital of euros is invested at per year with compound interest. Compute its value after years and the time needed for it to double.
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