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Unformatted text preview: 1 P Q 4 8 4 8 12 12 Figure 1 T, V, or M Q 8 12 2 4 6 M T V Figure 2 4 SS201 Economics: Principles and Problems Diagnostic Math Skills Exam Department of Social Sciences Academic Year 031 Part II: Basic Calculus 1. Given the following function: M = 0.5555 L 2 + 3.3333 L a. Using calculus, determine M and L, when M is maximized. Show all work. b. Complete the following table. L 1 2 3 4 5 6 M c. Determine the slope of the line tangent to the function when L = 3. Show all work. d. Plot the function on the graph provided in Figure 3. e. Plot the line tangent to the function when L = 3. 2 1 2 3 4 5 6 1 2 3 4 5 6 7 M L...
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This test prep was uploaded on 04/17/2008 for the course ECON SS201 taught by Professor Evans during the Spring '08 term at West Point.
 Spring '08
 Evans
 Economics

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