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In Exercises \(7-12\) , use the Concavity Test to determine the intervals on which the graph of the function is (a) concave up and (b) concave down. $$y=-x^{4}+4 x^{3}-4 x+1$$

Short Answer

Expert verified
The function is concave up on the intervals \(-\infty to \frac{1}{3}\) and \(1 to \infty\) and concave down on the interval \(\frac{1}{3} to 1\).

Step by step solution

01

Find the Derivative

To start off, differentiate the function \(y=-x^{4}+4 x^{3}-4 x+1\). The first derivative \(y'\) is given by this formula: \(y'=f'(x)=4x^{3}-12x^{2}+4\).
02

Find the Second Derivative

Next, differentiate \(f'(x)\) to get the second derivative \(f''(x)\). This will give us \(f''(x)=12x^{2}-24x +4\).
03

Determine where the second derivative is zero

To find where the graph changes concavity, we solve \(f''(x)=0\) for \(x\). That is, \(12x^{2}-24x +4=0\). Divide by 4, we have \(3x^{2}-6x +1=0\). Solving this quadratic equation using the quadratic formula \(x=\frac{-b \pm \sqrt{b^{2}-4ac}}{2a}\) where \(a=3\), \(b=-6\), and \(c=1\), we get \(x=1\) and \(x=\frac{1}{3}\).
04

Test Intervals

We now have two critical points, and they divide the real line into three intervals: \(-\infty to \frac{1}{3}\), \(\frac{1}{3} to 1\), and \(1 to \infty\). We choose test points in each interval and evaluate \(f''\) at these points. If \(f''\) is positive, the function is concave up on that interval. If it's negative, the function is concave down. For \(-\infty < x < \frac{1}{3}\) (test with \(x=0\)), \(f''(x)>0\). So the function is concave up on this interval. Similarly, for \(\frac{1}{3} < x < 1\) (test with \(x=\frac{1}{2}\)), \(f''(x)<0\). So the function is concave down on this interval. Lastly, for \(1 < x < \infty\) (test with \(x=2\)), \(f''(x)>0\). So the function is concave up on this interval.

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Most popular questions from this chapter

Industrial Production (a) Economists often use the expression expression "rate of growth" in relative rather than absolute terms. For example, let \(u=f(t)\) be the number of people in the labor force at time \(t\) in a given industry. (We treat this function as though it were differentiable even though it is an integer-valued step function.) Let \(v=g(t)\) be the average production per person in the labor force at time \(t .\) The total production is then \(y=u v\) . If the labor force is growing at the rate of 4\(\%\) per year year \((d u / d t=\) 0.04\(u\) ) and the production per worker is growing at the rate of 5\(\%\) per year \((d v / d t=0.05 v),\) find the rate of growth of the total production, y. (b) Suppose that the labor force in part (a) is decreasing at the rate of 2\(\%\) per year while the production per person is increasing at the rate of 3\(\%\) per year. Is the total production increasing, or is it decreasing, and at what rate?

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