- Calculate how quantities change on average over time
- Use rates of change to figure out how an object’s position, speed, and acceleration are changing over time
- Estimate future population sizes using current data and how fast the population is growing
- Use derivatives to determine the cost and revenue of producing one more unit in a business
Amount of Change Formula
The Main Idea
- Amount of Change:
- Change in yy-values over an interval [a,a+h][a,a+h]
- Given by f(a+h)−f(a)f(a+h)−f(a)
- Average Rate of Change:
- Ratio of amount of change to change in xx-values
- Formula: f(a+h)−f(a)hf(a+h)−f(a)h
- Amount of Change Formula:
- Approximates f(a+h)f(a+h) using f(a)f(a) and f′(a)
- Formula: f(a+h)≈f(a)+f′(a)h
- Accuracy depends on the size of h and the behavior of f′(x)
Given f(10)=−5 and f′(10)=6, estimate f(10.1).
Given f(3)=2 and f′(3)=5, estimate f(3.2).
Rate of Change Applications
The Main Idea
- Motion Along a Line:
- Position function: s(t)
- Velocity: v(t)=s′(t)
- Speed: |v(t)|
- Acceleration: a(t)=v′(t)=s″(t)
- Population Change:
- Population function: P(t)
- Population growth rate: P′(t)
- Changes in Cost and Revenue:
- Marginal Cost: MC(x)=C′(x)
- Marginal Revenue: MR(x)=R′(x)
- Marginal Profit: MP(x)=P′(x)=MR(x)−MC(x)
Application Techniques
- Motion Analysis:
- Use position function to find velocity and acceleration
- Analyze sign of velocity for direction of motion
- Find zeros of velocity for points where object is at rest
- Population Estimation:
- Use current population and growth rate to estimate future population
- Apply Amount of Change Formula: P(t+h)≈P(t)+P′(t)h
- Economic Analysis:
- Use marginal functions to estimate changes in cost, revenue, or profit
- Approximate change: f(x+1)−f(x)≈f′(x)
A particle moves along a coordinate axis in the positive direction to the right. Its position at time t is given by s(t)=t3−4t+2. Find v(1) and a(1) and use these values to answer the following questions.
- Is the particle moving from left to right or from right to left at time t=1?
- Is the particle speeding up or slowing down at time t=1?
A particle moves along a coordinate axis. Its position at time t is given by s(t)=t2−5t+1. Is the particle moving from right to left or from left to right at time t=3?
Given the position function s(t)=t3−9t2+24t+4 for t≥0:
- Find the velocity function.
- When is the particle at rest?
A city’s population triples every 5 years. The current population is10,000. Estimate the population after 2 years.
The current population of a mosquito colony is known to be 3,000; that is, P(0)=3,000. If P′(0)=100, estimate the size of the population in 3 days, where t is measured in days.
Given the revenue function R(x)=−0.03x2+9x for 0≤x≤300:
- Find the Marginal Revenue function.
- Estimate the revenue from selling the 101st item.
- Calculate the actual revenue change from the 100th to the 101st item.
Suppose that the profit obtained from the sale of x fish-fry dinners is given by P(x)=−0.03x2+8x−50. Use the marginal profit function to estimate the profit from the sale of the 101st fish-fry dinner.