Differential Calculus for Social Science 201-103 • CEGEP, Montreal

Corrected exercises: functions and their domain (201-103)

These ten corrected exercises, preceded by a list of direct calculations, open the Differential Calculus course for Social Science, 201-103, with what comes before everything else: knowing what you are talking about. A function here is a MODEL, the unemployment rate of a region, the demand at a cafeteria, the contribution in a family fee schedule, and a model is only worth something on the set where it makes sense. The set covers the vertical line test, domain and range, piecewise-defined functions, operations on functions, composition, the inverse function, and linear, exponential and logistic models.

Exercise 0.1 opens the set with twelve domains to find directly, as in textbook drill lists, from the only three restrictions, a zero denominator, the square root of a negative number, the logarithm of a number that is not strictly positive: rational functions such as 5xx2+x−12\frac{5x}{x^{2}+x-12}, square roots of a linear expression and of a quadratic such as 12+x−x2\sqrt{12+x-x^{2}}, a root in the denominator, a quotient of two roots, a logarithm such as 4ln⁡(x−1)\frac{4}{\ln(x-1)} and a piecewise-defined function, each with its domain in interval notation or its excluded values, checked as you type.

By the end, you can refuse a forecast outside the period of a model (exercise 1), check the continuity of a tiered plan (exercise 3), find the domain of an average cost (exercise 4), chain wage, income and spending by a composition while checking its two domain conditions (exercise 5), go from demand to price by the inverse function (exercise 6), and choose the family of model according to what stays constant (exercise 7). Two problems close the set: the fee schedule of a child care service (exercise 9) and a research report to put into equations (exercise 10).

The thread of the set fits in one sentence: every function in the social sciences has TWO domains, the algebraic domain, the one the three restrictions impose, and the domain of validity, the one the context imposes. Confusing them triggers no calculation error: it produces a number, and that is much worse. Three pitfalls are named outright: believing that the domain of a sum is the union of the domains, forgetting that dividing by the quantity removes zero from an average cost, and extending a well-fitted model beyond the window on which it was fitted. Exercise 8 brings them together in five statements to correct.

This set is written for CEGEP students in the Social Science program (profile with mathematics) who are starting Differential Calculus for Social Science, 201-103.

11 corrected exercises • 110 points • 150 minutes

This chapter is part of 201-103, every chapter with its set and sheet Before you start Revision sheet: the traps and the method for this chapter

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Course recap

  • • A function assigns to each input AT MOST one output: that is what the vertical line test checks, nothing else.
  • • Only THREE restrictions: a zero denominator, an even root of a negative number, a logarithm of a number that is not strictly positive.
  • • 0=0\sqrt{0}=0 exists, so the inequality for a root is NON-STRICT; ln⁡0\ln 0 does not exist, so the one for a logarithm is STRICT.
  • • Domain of f+gf+g, of f−gf-g and of f×gf\times g: the INTERSECTION of the domains, never the union.
  • • Domain of fg\dfrac{f}{g}: that intersection WITHOUT the values that make gg zero.
  • • Average cost C‾(q)=C(q)q\overline{C}(q)=\dfrac{C(q)}{q}: CC exists at q=0q=0 and equals the fixed cost, C‾\overline{C} does not exist there.
  • • Composition: (f∘g)(f\circ g) requires xx to be in the domain of gg AND g(x)g(x) to be in that of ff. Both conditions, always.
  • • Composition is not commutative: f∘gf\circ g and g∘fg\circ f generally have neither the same formula nor the same domain.
  • • A function and its inverse: domain and range SWAP. The cheapest check is f−1(f(a))=af^{-1}(f(a))=a on one value.
  • • A function has an inverse only where it is one-to-one: a quantity that falls and then rises has none over its whole period.
  • • Three families of models: constant increase means linear; constant growth rate means exponential; a saturation ceiling means logistic.
  • • An exponential a bta\,b^{t} with a>0a>0 never reaches zero and has the asymptote y=0y=0; a logistic with ceiling MM has TWO asymptotes, y=0y=0 and y=My=M.
  • • A piecewise function is continuous at a joint if both formulas give the same value there. A public fee schedule is continuous by political decision, not by chance.
  • • Domain of VALIDITY: outside the window on which the model was fitted, a correct result can be absurd. Stating it is part of the answer.

Calculations: domains to find

Exercise 0.1: Finding the domain: twelve direct calculations

For each function, find the domain, then give what the line asks for: the domain in interval notation, or, when the domain is the set of real numbers without a few values, those excluded values.

One method for all twelve lines: find in the formula every operation that can forbid a value, and there are only three, a denominator, a square root, a logarithm. Write the condition for each, denominator ≠0\neq 0, radicand ≥0\ge 0, argument of the logarithm >0>0, solve each condition, then keep the xx values that satisfy ALL of them at once.

  • a) f(x)=4x3−x2+x5f(x)=4x^{3}-x^{2}+\frac{x}{5}: the domain.
  • b) g(x)=x+42x−7g(x)=\frac{x+4}{2x-7}: the excluded value.
  • c) h(x)=5xx2+x−12h(x)=\frac{5x}{x^{2}+x-12}: the two excluded values.
  • d) k(x)=2x−5k(x)=\sqrt{2x-5}: the domain.
  • e) m(x)=9−4xm(x)=\sqrt{9-4x}: the domain.
  • f) p(x)=1x+6p(x)=\frac{1}{\sqrt{x+6}}: the domain.
  • g) q(x)=12+x−x2q(x)=\sqrt{12+x-x^{2}}: the domain.
  • h) r(x)=x+2x−3r(x)=\frac{\sqrt{x+2}}{x-3}: the smallest value in the domain, then the excluded value.
  • i) s(x)=x+17−xs(x)=\frac{\sqrt{x+1}}{\sqrt{7-x}}: the domain.
  • j) u(x)=ln⁡(8−2x)u(x)=\ln(8-2x): the domain.
  • k) v(x)=4ln⁡(x−1)v(x)=\frac{4}{\ln(x-1)}: the left endpoint of the domain, then the excluded value.
  • l) w(x)=x+5w(x)=\sqrt{x+5} if x<1x<1, and w(x)=6x+3w(x)=\frac{6}{x+3} if x≥1x\ge 1: the domain.

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  • a) R=(−∞,+∞)\mathbb{R}=(-\infty, +\infty)
  • b) R∖{72}\mathbb{R}\setminus\left\{\frac{7}{2}\right\}; excluded value 3.53.5
  • c) R∖{−4,3}\mathbb{R}\setminus\{-4, 3\}
  • d) [2.5,+∞)[2.5, +\infty)
  • e) (−∞,2.25](-\infty, 2.25]
  • f) (−6,+∞)(-6, +\infty)
  • g) [−3,4][-3, 4]
  • h) [−2,3) ∪ (3,+∞)[-2, 3)\,\cup\,(3, +\infty); smallest value −2-2, excluded value 33
  • i) [−1,7)[-1, 7)
  • j) (−∞,4)(-\infty, 4)
  • k) (1,2) ∪ (2,+∞)(1, 2)\,\cup\,(2, +\infty); left endpoint 11, excluded value 22
  • l) [−5,+∞)[-5, +\infty)

The move that decides everything is made BEFORE calculating: list the restrictions present in the formula. A NUMBER in the denominator, like the 55 in x5\frac{x}{5}, forbids nothing; an xx in a denominator, under a root or inside a logarithm imposes a condition, and the domain is the set of xx values that satisfy all the conditions at once.

a)

No restriction: the only denominator is the number 55, which is never zero. The domain is R=(−∞,+∞)\mathbb{R}=(-\infty, +\infty). Pitfall: seeing a fraction and looking for a value to exclude.

b)

Condition 2x−7≠02x-7\neq 0, that is x≠72x\neq\frac{7}{2}. Domain R∖{72}\mathbb{R}\setminus\left\{\frac{7}{2}\right\}; the excluded value is 72=3.5\frac{7}{2}=3.5. The numerator plays no role: x=−4x=-4 makes gg zero, it does not forbid it.

c)

Condition x2+x−12≠0x^{2}+x-12\neq 0. Factor: x2+x−12=(x+4)(x−3)x^{2}+x-12=(x+4)(x-3), zero at x=−4x=-4 and at x=3x=3. Domain R∖{−4,3}\mathbb{R}\setminus\{-4, 3\}. Pitfall: excluding x=0x=0, which makes the numerator 5x5x zero, not the denominator.

d)

Condition 2x−5≥02x-5\ge 0, that is x≥52x\ge\frac{5}{2}. Domain [2.5,+∞)[2.5, +\infty), CLOSED bracket at 2.52.5 since 0=0\sqrt{0}=0 exists.

e)

Condition 9−4x≥09-4x\ge 0, that is −4x≥−9-4x\ge -9, so x≤94x\le\frac{9}{4}: we divide by a NEGATIVE number, so the inequality reverses. Domain (−∞,2.25](-\infty, 2.25]. Pitfall: keeping the direction and writing [2.25,+∞)[2.25, +\infty), which is almost exactly the forbidden values.

f)

Two conditions in one: the root requires x+6≥0x+6\ge 0, the division requires x+6≠0\sqrt{x+6}\neq 0, so x+6>0x+6>0 and x>−6x>-6. Domain (−6,+∞)(-6, +\infty), OPEN bracket at −6-6. Pitfall: the closed bracket of the root alone.

g)

Condition 12+x−x2≥012+x-x^{2}\ge 0. Factor: 12+x−x2=−(x2−x−12)=−(x−4)(x+3)=(4−x)(x+3)12+x-x^{2}=-(x^{2}-x-12)=-(x-4)(x+3)=(4-x)(x+3). The roots are −3-3 and 44; since the coefficient of x2x^{2} is negative, the quadratic is positive BETWEEN the roots, which x=0x=0 confirms, where it equals 1212. Domain [−3,4][-3, 4]. Pitfall: the reflex “outside the roots”, which only holds when the coefficient of x2x^{2} is positive.

h)

Root: x+2≥0x+2\ge 0, that is x≥−2x\ge -2. Denominator: x≠3x\neq 3, and 33 is indeed in [−2,+∞)[-2, +\infty), so it must be removed. Domain [−2,3) ∪ (3,+∞)[-2, 3)\,\cup\,(3, +\infty): the smallest value in the domain is −2-2, the excluded value is 33.

i)

Numerator: x+1≥0x+1\ge 0, that is x≥−1x\ge -1. Denominator: the root requires 7−x≥07-x\ge 0 and the division requires 7−x≠0\sqrt{7-x}\neq 0, so 7−x>07-x>0, that is x<7x<7. Keep both: [−1,7)[-1, 7), closed on the left, open on the right. Pitfall: treating both roots the same way, when only the one in the denominator becomes a strict inequality.

j)

Condition 8−2x>08-2x>0, that is −2x>−8-2x>-8, so x<4x<4, the inequality reversing when we divide by −2-2. Domain (−∞,4)(-\infty, 4), open at 44 since ln⁡0\ln 0 does not exist.

k)

Logarithm: x−1>0x-1>0, that is x>1x>1. Denominator: ln⁡(x−1)≠0\ln(x-1)\neq 0; a logarithm equals 00 when its argument equals 11, so x−1≠1x-1\neq 1, that is x≠2x\neq 2. Domain (1,2) ∪ (2,+∞)(1, 2)\,\cup\,(2, +\infty): left endpoint 11, excluded value 22. Pitfall: excluding only x=1x=1, by confusing “the logarithm is zero” with “the logarithm does not exist”.

l)

Treat each piece ON ITS OWN INTERVAL. For x<1x<1, x+5\sqrt{x+5} requires x≥−5x\ge -5: keep [−5,1)[-5, 1). For x≥1x\ge 1, 6x+3\frac{6}{x+3} forbids only −3-3, which is not in this interval: keep [1,+∞)[1, +\infty). The domain is the union, [−5,+∞)[-5, +\infty). Pitfall: removing −3-3, when at x=−3x=-3 it is the root that applies, and it equals 2\sqrt{2}.

Check: for each line, enter on the calculator a value just inside and a value just outside each endpoint; the machine must answer with a number inside the domain and with an error outside it. An endpoint can be tested directly: 0\sqrt{0} answers 00, so the endpoint is closed; ln⁡0\ln 0 and 10\frac{1}{0} answer with an error, so it is open.

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Part A: the basics (/50)

Exercise 1: Function or relation: reading a model on a graph

In the social sciences, a function is almost always a MODEL: an observed quantity, the unemployment rate, the population, household spending, expressed as a function of another, the year, the income, the price.

The unemployment rate of a region is modelled by T(t)=0.05t2−0.8t+8T(t)=0.05t^{2}-0.8t+8, as a percentage, where tt is the number of years since 2012. The model was fitted on data from 2012 to 2024.

123456789101112131412345678910T(t)t, years since 2012T(t), in %
  • a) Does this graph define a function? Apply the vertical line test and say what it checks.
  • b) Give the domain and the range of the model over the fitted period, that is, for tt from 0 to 12.
  • c) How many years give a rate of 5.65.6%? Solve, then say what your answer implies for the inverse of TT.
  • d) Name the independent variable and the dependent variable, with their units.
  • e) A journalist uses the model to announce the rate for 2042, that is T(30)T(30). Calculate it and explain why this number means nothing.

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  • a) Yes: every vertical line meets the curve at most once.
  • b) Domain [0,12][0, 12], range [4.8,8][4.8, 8].
  • c) t=4t=4 and t=12t=12: two years, so no inverse on [0,12][0, 12].
  • d) Independent tt, in years since 2012; dependent TT, as a percentage.
  • e) T(30)=29T(30)=29%, an extrapolation outside the domain of validity [0,12][0, 12].
a)

Yes. The VERTICAL LINE TEST consists of sweeping a vertical line across the graph: if no position of that line meets the curve more than once, each input value receives at most one output, which is exactly the definition of a function. Here the curve is a parabola with a vertical axis, so each year receives a single rate. This test checks neither that the curve is continuous nor that it is increasing: it checks the UNIQUENESS of the output, nothing else.

b)

The fitted domain is [0,12][0, 12], the thirteen years from 2012 to 2024. For the range, we need the vertex: t=−b2a=0.82×0.05=8t=-\dfrac{b}{2a}=\dfrac{0.8}{2\times 0.05}=8, and T(8)=0.05×64−6.4+8=3.2−6.4+8=4.8T(8)=0.05\times 64-6.4+8=3.2-6.4+8=4.8. At the endpoints, T(0)=8T(0)=8 and T(12)=0.05×144−9.6+8=7.2−9.6+8=5.6T(12)=0.05\times 144-9.6+8=7.2-9.6+8=5.6. The maximum is therefore 8, reached at t=0t=0, and the range is [4.8,8][4.8, 8]. You must compare BOTH endpoints with the vertex: settling for T(12)T(12) would give a wrong range.

c)

Solve 0.05t2−0.8t+8=5.60.05t^{2}-0.8t+8=5.6, that is 0.05t2−0.8t+2.4=00.05t^{2}-0.8t+2.4=0. Multiplying by 20: t2−16t+48=0t^{2}-16t+48=0, so t=16±256−1922=16±82t=\dfrac{16\pm\sqrt{256-192}}{2}=\dfrac{16\pm 8}{2}, that is t=4t=4 and t=12t=12. TWO years, 2016 and 2024, give the same rate. Direct consequence: TT is not one-to-one on [0,12][0, 12], so it has NO inverse there. Knowing the rate does not let you recover the year, which is the normal situation for an indicator that falls and then rises.

d)

The INDEPENDENT variable is tt, time, in years since 2012: it is the one we choose. The DEPENDENT variable is TT, the unemployment rate, as a percentage of the labour force: it is the one we read. In function notation, the independent variable is always the one written in parentheses.

e)

T(30)=0.05×900−0.8×30+8=45−24+8=29T(30)=0.05\times 900-0.8\times 30+8=45-24+8=29. The model announces 29% unemployment. This number means nothing, for two reasons. First, t=30t=30 is OUTSIDE the fitted domain: the model was built on thirteen years, it says nothing about the thirtieth. Second, its very shape condemns it, a parabola opening upward and growing without bound: it will eventually predict 200% unemployment, which is impossible. A model always has two domains, the ALGEBRAIC domain, here R\mathbb{R}, and the domain of VALIDITY, here [0,12][0, 12]. Confusing them is the costliest error of the course, because it produces no error message: it produces a number.

123456789101112131412345678910T(t)(8, 4.8)t = 4t = 12t, years since 2012T(t), in %

Exercise 2: The algebraic domain: the only three restrictions

Before any derivative, you must know where the function exists. In differential calculus, only three operations take you out of the domain: dividing by zero, taking an even root of a negative number, taking the logarithm of a number that is not strictly positive.

Everything else, adding, multiplying, raising to an integer power, is allowed everywhere.

  • a) Give the domain of f(x)=2x+5x2−9f(x)=\dfrac{2x+5}{x^{2}-9}.
  • b) Give the domain of g(x)=12−3xg(x)=\sqrt{12-3x}.
  • c) Give the domain of h(x)=ln⁡(x−2)h(x)=\ln(x-2).
  • d) Give the domain of k(x)=x−1x−5k(x)=\dfrac{\sqrt{x-1}}{x-5}.
  • e) A classmate claims: there is one more restriction, you cannot raise a negative number to a power. What do you answer?

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  • a) R∖{−3,3}\mathbb{R}\setminus\{-3, 3\}.
  • b) (−∞,4](-\infty, 4], endpoint included.
  • c) (2,+∞)(2, +\infty), endpoint excluded.
  • d) [1,5) ∪ (5,+∞)[1, 5)\,\cup\,(5, +\infty).
  • e) False for integer powers; true for x1/2x^{1/2}, but that is the root restriction, already counted. There are three.
a)

The only risk is in the denominator. x2−9=0x^{2}-9=0 gives x=3x=3 or x=−3x=-3. The domain is therefore R∖{−3,3}\mathbb{R}\setminus\{-3, 3\}, that is (−∞,−3) ∪ (−3,3) ∪ (3,+∞)(-\infty, -3)\,\cup\,(-3, 3)\,\cup\,(3, +\infty). The numerator 2x+52x+5 restricts nothing: a zero numerator gives a zero value, not a forbidden value. Confusing “the numerator is zero” with “the function does not exist” is the first pitfall of the chapter, and it still costs marks in curve sketching, where x=−2.5x=-2.5 will be a ZERO and not an asymptote.

b)

The square root requires 12−3x≥012-3x\ge 0, so 3x≤123x\le 12 and x≤4x\le 4. The domain is (−∞,4](-\infty, 4]. The inequality is NON-STRICT, because 0=0\sqrt{0}=0 exists. The direction of the inequality does not change here because we divide by +3+3; with a negative coefficient, it would have had to be reversed.

c)

The logarithm requires a STRICTLY positive argument: x−2>0x-2>0, so x>2x>2. The domain is (2,+∞)(2, +\infty), open bracket. This is the difference to hold on to between the root and the logarithm: 0\sqrt{0} exists, ln⁡0\ln 0 does not.

d)

Two conditions to satisfy AT THE SAME TIME. The root in the numerator requires x−1≥0x-1\ge 0, so x≥1x\ge 1. The denominator requires x≠5x\ne 5. The domain is the intersection: [1,5) ∪ (5,+∞)[1, 5)\,\cup\,(5, +\infty). The classic error is to handle only one: you read the root, forget the denominator, and then differentiate a function that does not exist at 5.

e)

He is wrong for INTEGER powers: (−2)3=−8(-2)^{3}=-8 is perfectly computable. He is right, and that is the whole point of the remark, for FRACTIONAL powers with an even denominator, since x1/2x^{1/2} is exactly x\sqrt{x}: that is the even-root restriction, already counted, not a fourth one. The three-item list, zero denominator, even root of a negative, logarithm of a number that is not strictly positive, is enough for all of 201-103.

Exercise 3: A piecewise-defined function: the data plan

Fee schedules, rates and aid grids are almost all PIECEWISE-defined functions: one formula per bracket, and a joint between two brackets.

A mobile data plan costs C(x)C(x) dollars per month for xx gigabytes used: C(x)=45C(x)=45 for 0≤x≤200\le x\le 20, C(x)=45+7(x−20)C(x)=45+7(x-20) for 20<x≤5020<x\le 50, and C(x)=250C(x)=250 for x>50x>50, the plan becoming unlimited.

1020304050607050100150200250300x, gigabytes usedC(x), in dollars
  • a) Calculate C(12)C(12), C(35)C(35) and C(60)C(60).
  • b) Give the domain and the range of the function.
  • c) Is the function continuous at x=20x=20? at x=50x=50? Justify using one-sided limits.
  • d) Beyond what usage does the unlimited plan at 250 dollars become the better deal?
  • e) A tax schedule never shows a jump, whereas a commercial plan does. Explain the difference.

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  • a) C(12)=45C(12)=45, C(35)=150C(35)=150, C(60)=250C(60)=250 dollars.
  • b) Domain [0,+∞)[0, +\infty), range [45,255][45, 255].
  • c) Continuous at x=20x=20; discontinuous at x=50x=50, a downward jump of 5 dollars.
  • d) x>2057+20≈49.29x>\dfrac{205}{7}+20\approx 49.29 GB.
  • e) The marginal rate applies only to the part of the income inside the bracket, which forces continuity; a downward commercial jump benefits the customer.
a)

x=12x=12 falls in the first bracket: C(12)=45C(12)=45 dollars. x=35x=35 falls in the second: C(35)=45+7×(35−20)=45+105=150C(35)=45+7\times(35-20)=45+105=150 dollars. x=60x=60 falls in the third: C(60)=250C(60)=250 dollars. The one move to take care over is to READ the condition before choosing the formula; applying the second formula to x=60x=60 would give 45+280=32545+280=325 dollars, an amount nobody pays.

b)

The domain is [0,+∞)[0, +\infty): you can use any positive amount. For the range, the first bracket gives only the value 45; the second sweeps continuously from 4545 excluded up to C(50)=45+7×30=255C(50)=45+7\times 30=255 included; the third gives only 250, already reached in the second. The range is therefore [45,255][45, 255].

c)

At x=20x=20: the left-hand limit is 45, the right-hand limit is 45+7×0=4545+7\times 0=45, and C(20)=45C(20)=45. The three coincide, so CC is CONTINUOUS at 20. At x=50x=50: the left-hand limit is 45+7×30=25545+7\times 30=255 and C(50)=255C(50)=255, but the right-hand limit is 250. The left-hand and right-hand limits differ, so CC is DISCONTINUOUS at 50, with a downward jump of 5 dollars.

d)

Compare the formula of the second bracket with the unlimited rate: 45+7(x−20)>25045+7(x-20)>250 gives 7(x−20)>2057(x-20)>205, then x−20>2057≈29.29x-20>\dfrac{205}{7}\approx 29.29, so x>49.29x>49.29 GB approximately. Beyond 49.2949.29 GB, the subscriber would pay more under the bracket formula than for the unlimited plan. This is precisely the zone where the jump occurs, and that is why the company placed it there: above this threshold, the customer would ask for the unlimited plan anyway.

e)

A tax schedule is CONTINUOUS by construction, and that continuity is a political decision: if the rate applied to all of your income as soon as you crossed a bracket, earning one more dollar could cost you hundreds of dollars net, which would discourage work at the edge of the bracket. That is why a marginal rate applies ONLY to the part of the income inside the bracket. A commercial plan has no such constraint: the downward jump BENEFITS the customer and serves as a lure toward the unlimited offer, and nobody complains about paying less. The continuity of a piecewise function is therefore not a mathematical property one puts up with, it reflects a choice.

1020304050607050100150200250300jump of 5 dollars49.29x, gigabytes usedC(x), in dollars

Exercise 4: Operations on functions: the domain does not follow

Adding, subtracting, multiplying and dividing two functions is easy; finding the domain of the result is less so, because division can remove values that neither function forbade.

A cooperative has total cost C(q)=0.2q2+18q+500C(q)=0.2q^{2}+18q+500 dollars and revenue R(q)=60q−0.1q2R(q)=60q-0.1q^{2} dollars, where qq is the number of units sold.

  • a) Write the profit function P=R−CP=R-C in expanded form.
  • b) Write the average cost C‾(q)=C(q)q\overline{C}(q)=\dfrac{C(q)}{q} and give its algebraic domain.
  • c) Calculate P(50)P(50), C‾(50)\overline{C}(50) and the ratio R(50)C(50)\dfrac{R(50)}{C(50)}.
  • d) Among R+CR+C, R−CR-C, RC\dfrac{R}{C} and R×CR\times C, which have an economic meaning?
  • e) State the general rule that gives the domain of f+gf+g, of f×gf\times g and of fg\dfrac{f}{g}.

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  • a) P(q)=−0.3q2+42q−500P(q)=-0.3q^{2}+42q-500.
  • b) C‾(q)=0.2q+18+500q\overline{C}(q)=0.2q+18+\dfrac{500}{q}, domain R∖{0}\mathbb{R}\setminus\{0\}, context (0,+∞)(0, +\infty).
  • c) P(50)=850P(50)=850 dollars, C‾(50)=38\overline{C}(50)=38 dollars per unit, R(50)/C(50)≈1.45R(50)/C(50)\approx 1.45.
  • d) R−CR-C and R/CR/C make sense; R×CR\times C makes none, its unit would be the square dollar.
  • e) Intersection for ++, −- and ×\times; intersection without the zeros of gg for fg\dfrac{f}{g}.
a)

P(q)=R(q)−C(q)=60q−0.1q2−(0.2q2+18q+500)P(q)=R(q)-C(q)=60q-0.1q^{2}-(0.2q^{2}+18q+500). Distribute the minus sign over ALL THREE terms, which is forgotten every other time: P(q)=60q−0.1q2−0.2q2−18q−500=−0.3q2+42q−500P(q)=60q-0.1q^{2}-0.2q^{2}-18q-500=-0.3q^{2}+42q-500. The cheapest check is to evaluate at q=0q=0: P(0)=−500P(0)=-500, and we do recover the loss equal to the fixed cost when nothing is sold.

b)

C‾(q)=0.2q2+18q+500q=0.2q+18+500q\overline{C}(q)=\dfrac{0.2q^{2}+18q+500}{q}=0.2q+18+\dfrac{500}{q}. The algebraic domain is R∖{0}\mathbb{R}\setminus\{0\}, and the domain of the context is (0,+∞)(0, +\infty). That is the point of the chapter: CC exists at q=0q=0, where it equals 500 dollars, but its AVERAGE cost does not exist at 0. The division removed a value that neither the numerator nor the denominator posed as a problem before the operation.

c)

P(50)=−0.3×2,500+42×50−500=−750+2,100−500=850P(50)=-0.3\times 2{,}500+42\times 50-500=-750+2{,}100-500=850 dollars. C(50)=0.2×2,500+18×50+500=500+900+500=1,900C(50)=0.2\times 2{,}500+18\times 50+500=500+900+500=1{,}900 dollars, so C‾(50)=1,90050=38\overline{C}(50)=\dfrac{1{,}900}{50}=38 dollars per unit. Finally R(50)=60×50−0.1×2,500=3,000−250=2,750R(50)=60\times 50-0.1\times 2{,}500=3{,}000-250=2{,}750 dollars, and the ratio is 2,7501,900≈1.45\dfrac{2{,}750}{1{,}900}\approx 1.45: each dollar spent brings in about 1.45 dollars. We can cross-check: R(50)−C(50)=2,750−1,900=850R(50)-C(50)=2{,}750-1{,}900=850, which confirms P(50)P(50).

d)

R−CR-C is the PROFIT, the most useful of the four. RC\dfrac{R}{C} is a profitability ratio with no unit, perfectly interpretable. R+CR+C has no direct meaning, since we do not add what comes in and what goes out, though the sum does appear in certain gross-flow calculations. R×CR\times C has NO meaning: its unit would be the square dollar. Algebra allows all four operations, the context keeps only two or three; knowing which of the two is in charge is exactly what the course teaches.

e)

For the sum, the difference and the product, the domain is the INTERSECTION of the two domains: the value must be allowed for both functions at once. For the quotient fg\dfrac{f}{g}, it is that same intersection WITHOUT the values where gg is zero. The rule never says “union”: a value forbidden for one function stays forbidden for the operation, even if the other can live with it.

Exercise 5: Composition: chaining two models

A causal chain in the social sciences is a COMPOSITION: the wage determines the income, the income determines the spending. The difficulty is not composing, it is saying where the result exists.

We first work on f(x)=x−3f(x)=\sqrt{x-3} and g(x)=1x−7g(x)=\dfrac{1}{x-7}, then on an economic chain.

  • a) Write (f∘g)(x)(f\circ g)(x) and give its domain.
  • b) Write (g∘f)(x)(g\circ f)(x) and give its domain.
  • c) A household's annual spending on leisure is D(R)=0.08R−400D(R)=0.08R-400 dollars, where RR is the annual income, and the income of a full-time worker is R(s)=1,800sR(s)=1{,}800s dollars, where ss is the hourly wage. Write D(R(s))D(R(s)).
  • d) Calculate the leisure spending for s=16.50s=16.50 dollars an hour.
  • e) The composed model gives negative spending for low wages. From what wage does it become positive, and why is this calculation nonetheless of no use?

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  • a) (f∘g)(x)=1x−7−3(f\circ g)(x)=\sqrt{\dfrac{1}{x-7}-3}, domain (7,223]\left(7, \dfrac{22}{3}\right].
  • b) (g∘f)(x)=1x−3−7(g\circ f)(x)=\dfrac{1}{\sqrt{x-3}-7}, domain [3,52) ∪ (52,+∞)[3, 52)\,\cup\,(52, +\infty).
  • c) D(R(s))=144s−400D(R(s))=144s-400.
  • d) 1,9761{,}976 dollars a year.
  • e) s>400144≈2.78s>\dfrac{400}{144}\approx 2.78 dollars an hour, a threshold outside the domain of validity, which starts at the minimum wage.
a)

(f∘g)(x)=f ⁣(1x−7)=1x−7−3(f\circ g)(x)=f\!\left(\dfrac{1}{x-7}\right)=\sqrt{\dfrac{1}{x-7}-3}. Two conditions pile up: first x≠7x\ne 7 so that the inside exists, then 1x−7−3≥0\dfrac{1}{x-7}-3\ge 0, that is 1x−7≥3\dfrac{1}{x-7}\ge 3. If x<7x<7, the quotient is negative and cannot exceed 3: no solution. If x>7x>7, we can multiply by x−7>0x-7>0 without reversing the inequality: 1≥3(x−7)1\ge 3(x-7), so x−7≤13x-7\le \dfrac{1}{3} and x≤223x\le \dfrac{22}{3}. The domain is (7,223]\left(7, \dfrac{22}{3}\right], or about (7,7.33](7, 7.33]. You must separate the two sign cases: cross-multiplying without looking at the sign of the denominator is the error that gives a wrong domain.

b)

(g∘f)(x)=g ⁣(x−3)=1x−3−7(g\circ f)(x)=g\!\left(\sqrt{x-3}\right)=\dfrac{1}{\sqrt{x-3}-7}. Conditions: x−3≥0x-3\ge 0, so x≥3x\ge 3, and x−3≠7\sqrt{x-3}\ne 7, so x−3≠49x-3\ne 49 and x≠52x\ne 52. The domain is [3,52) ∪ (52,+∞)[3, 52)\,\cup\,(52, +\infty). The two compositions have neither the same formula nor the same domain: composition is not commutative, and it is visible here at first glance.

c)

D(R(s))=0.08×1,800s−400=144s−400D(R(s))=0.08\times 1{,}800s-400=144s-400. The coefficient 144 can be read: each extra dollar of hourly wage adds 144 dollars of leisure a year, because it adds 1,800 dollars of income, of which 8% goes to leisure. This is the chain rule, seen here on linear functions, before meeting it again as the chain rule for derivatives in the chapter on the derivative.

d)

D=144×16.50−400=2,376−400=1,976D=144\times 16.50-400=2{,}376-400=1{,}976 dollars a year. We can cross-check through the intermediate step: R=1,800×16.50=29,700R=1{,}800\times 16.50=29{,}700 dollars, then D=0.08×29,700−400=2,376−400=1,976D=0.08\times 29{,}700-400=2{,}376-400=1{,}976 dollars. The check by the long route is worth the minute it costs.

e)

144s−400>0144s-400>0 gives s>400144≈2.78s>\dfrac{400}{144}\approx 2.78 dollars an hour. The calculation is correct and useless: no legal hourly wage is below 2.78 dollars, so this threshold lies OUTSIDE the domain of validity of the model, which starts at the minimum wage. The algebraic domain of s↦144s−400s\mapsto 144s-400 is all of R\mathbb{R}, the domain of the context is about [15.75,+∞)[15.75, +\infty). Answering 2.78 dollars without this sentence is answering a question nobody is asking.

Part B: problems and reasoning (/50)

Exercise 6: The inverse function: from price to quantity, and back

Demand is read in both directions: how many do we sell at this price, and what price must we post to sell this quantity. Going from one reading to the other is taking the INVERSE.

A cafeteria sells q(p)=90−1.5pq(p)=90-1.5p meals a day when the price is pp dollars.

10203040506070809010010203040506070p(q) = 60 − 2q/3q, meals per dayp, in dollars
  • a) Give the domain of the context of qq, that is, the set of prices for which the model makes sense.
  • b) Show that qq is one-to-one there, then write its inverse p(q)p(q).
  • c) Give the domain and the range of qq, then those of pp. What do you notice?
  • d) Check that p(q(24))=24p\bigl(q(24)\bigr)=24 and explain what this equality checks.
  • e) The graph puts price on the vertical axis although price is the decision variable. Why this convention, and what becomes of the symmetry about the line y=xy=x?

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  • a) [0,60][0, 60]: beyond 60 dollars, the model would give a negative quantity.
  • b) Slope −1.5<0-1.5<0 so strictly decreasing; p(q)=60−2q3p(q)=60-\dfrac{2q}{3}.
  • c) qq: domain [0,60][0, 60], range [0,90][0, 90]. pp: domain [0,90][0, 90], range [0,60][0, 60]. They swap.
  • d) q(24)=54q(24)=54 then p(54)=24p(54)=24: the check is on the isolation of pp.
  • e) Marshall's convention; the symmetry about the line y=xy=x remains true but only shows in an orthonormal frame.
a)

The model requires q≥0q\ge 0 and p≥0p\ge 0. From 90−1.5p≥090-1.5p\ge 0 we get p≤60p\le 60. The domain of the context is therefore [0,60][0, 60]: beyond 60 dollars, the model would announce a negative number of meals, which does not exist. The algebraic domain would be all of R\mathbb{R}; this is again the distinction of the chapter.

b)

qq is linear with slope −1.5-1.5, strictly negative, so strictly DECREASING on [0,60][0, 60], hence one-to-one: two different prices cannot give the same quantity. We can then isolate pp in q=90−1.5pq=90-1.5p: 1.5p=90−q1.5p=90-q, so p(q)=90−q1.5=60−2q3p(q)=\dfrac{90-q}{1.5}=60-\dfrac{2q}{3}. Checking that the function is one-to-one BEFORE isolating is not a formality: without it, the expression obtained would not be a function, as we saw in exercise 1 with the unemployment rate.

c)

qq has domain [0,60][0, 60], the prices, and range [0,90][0, 90], the quantities: q(0)=90q(0)=90 and q(60)=0q(60)=0. pp has domain [0,90][0, 90] and range [0,60][0, 60]. The domain of one is exactly the range of the other, and vice versa: this is the property that defines a pair of inverse functions, and it is the first thing to check when an inverse seems wrong.

d)

q(24)=90−1.5×24=90−36=54q(24)=90-1.5\times 24=90-36=54 meals. Then p(54)=60−2×543=60−36=24p(54)=60-\dfrac{2\times 54}{3}=60-36=24 dollars. We land back on the starting price. This equality checks that pp was isolated correctly and that no sign or division error was made: a wrong inverse almost always fails this test, even though it may pass a simple unit-consistency check.

e)

In economics, price has been plotted on the vertical axis since Alfred Marshall, at the end of the nineteenth century, and the habit has stuck: all the supply and demand curves in economics courses are drawn this way, and changing the axes would make the figures unreadable for those who read them. Mathematically, this amounts to plotting the INVERSE p(q)p(q) rather than q(p)q(p). The symmetry about the line y=xy=x remains true, but it is not visible on the figure, for two reasons: only one of the two curves is drawn, and the two axes have neither the same unit nor the same scale, whereas the symmetry only shows in an orthonormal frame. A property can be exact and invisible; it is the graph that misleads, not the property.

10203040506070809010010203040506070p(q) = 60 − 2q/3(54, 24)q, meals per dayp, in dollars

Exercise 7: Three families of models: linear, exponential, logistic

The first move in modelling is not a calculation, it is a choice of FAMILY. Three shapes cover most social science phenomena, and each is recognized by what it does as time grows.

With tt in years, we compare L(t)=200+35tL(t)=200+35t, E(t)=200×(1.08)tE(t)=200\times(1.08)^{t} and G(t)=1,2001+24e−0.4tG(t)=\dfrac{1{,}200}{1+24e^{-0.4t}}.

24681012141618201002003004005006007008009001000110012001300LEGt, in years
  • a) For each of the three functions, say what is constant: the increase per year, the growth rate, or neither.
  • b) Give the range and the horizontal asymptotes of each, over R\mathbb{R}.
  • c) Calculate L(10)L(10), E(10)E(10) and G(10)G(10), then G(0)G(0).
  • d) Match each family with one of these three phenomena: the value of a savings account with compound interest, the spread of a smartphone through a population, a salary raised by a fixed amount each year.
  • e) Why does an exponential model always end up wrong in demography?

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  • a) LL: constant increase. EE: constant rate. GG: neither.
  • b) LL: range R\mathbb{R}, no asymptote. EE: range (0,+∞)(0, +\infty), asymptote y=0y=0. GG: range (0,1,200)(0, 1{,}200), asymptotes y=0y=0 and y=1,200y=1{,}200.
  • c) L(10)=550L(10)=550, E(10)≈431.78E(10)\approx 431.78, G(10)≈833.58G(10)\approx 833.58, G(0)=48G(0)=48.
  • d) Savings: exponential. Spread: logistic. Fixed-amount salary: linear.
  • e) An increasing exponential has no upper bound, and a population always has one.
a)

LL has a constant INCREASE: each year adds 35 units, whatever level has been reached. EE has a constant GROWTH RATE: each year multiplies by 1.081.08, that is 8% more, so the absolute increase grows with the level. GG has neither: it accelerates at first, then slows down as it approaches its ceiling. The field test takes one subtraction and one division: if successive differences are constant, it is linear; if successive quotients are constant, it is exponential.

b)

LL has range R\mathbb{R} and NO horizontal asymptote: a non-horizontal line never has one. EE has range (0,+∞)(0, +\infty) and a horizontal asymptote y=0y=0 as t→−∞t\to-\infty; it never reaches zero, which is the most useful property of the exponential. GG has range (0,1,200)(0, 1{,}200) and TWO horizontal asymptotes, y=0y=0 at −∞-\infty and y=1,200y=1{,}200 at +∞+\infty. That 1,200 is the carrying capacity of the environment, and it is what makes the logistic model worth having.

c)

L(10)=200+350=550L(10)=200+350=550. E(10)=200×1.0810=200×2.1589≈431.78E(10)=200\times 1.08^{10}=200\times 2.1589\approx 431.78. For G(10)G(10): e−4≈0.018316e^{-4}\approx 0.018316, so 24e−4≈0.4395824e^{-4}\approx 0.43958, and G(10)=1,2001.43958≈833.58G(10)=\dfrac{1{,}200}{1.43958}\approx 833.58. Finally G(0)=1,2001+24=1,20025=48G(0)=\dfrac{1{,}200}{1+24}=\dfrac{1{,}200}{25}=48. At ten years, the order is already reversed compared with the start: starting from 48, the logistic overtakes the other two.

d)

The savings account with compound interest is EXPONENTIAL: the return applies to the accumulated capital, so the rate is constant. The spread of a smartphone is LOGISTIC: it starts slowly, takes off by imitation, then saturates when almost everyone has one, the ceiling being the size of the market. The salary raised by a fixed amount is LINEAR; if it were raised by a fixed PERCENTAGE, it would become exponential, and that is exactly the meaning of indexation.

e)

Because an increasing exponential has no upper bound, whereas a population always has one: arable land, water, housing, jobs. A model at 2% a year doubles the population in about 35 years; extended over three centuries, it would give more than 250 times the initial size. The question is therefore never WHETHER the exponential model will stop being valid, but WHEN. That is why demography works with the logistic, or with an exponential over a short window whose bounds are stated: the domain of validity is part of the model, not a comment added afterward.

24681012141618201002003004005006007008009001000110012001300LEGceiling y = 1,200833.58550431.78t, in years

Exercise 8: Five statements to correct

Each of these five sentences has been heard in class. For each, say whether it is true or false, and if it is false, write the correct statement.

A correction that just says “false” earns no marks: the correct sentence is what is asked for.

  • a) The domain of f+gf+g is the union of the domains of ff and gg.
  • b) If the cost function CC is defined at q=0q=0, then the average cost C(q)q\dfrac{C(q)}{q} is too.
  • c) A function and its inverse have the same domain.
  • d) A model fitted on observed data remains valid beyond the observed period.
  • e) ln⁡(x2)\ln(x^{2}) and 2ln⁡x2\ln x are the same function.

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  • a) False: it is the intersection, dom(f)∩dom(g)\mathrm{dom}(f)\cap\mathrm{dom}(g).
  • b) False: the division removes q=0q=0, even if C(0)C(0) exists and equals the fixed cost.
  • c) False: domain and range swap between a function and its inverse.
  • d) False: outside the fitting window, it is extrapolation.
  • e) False: ln⁡(x2)=2ln⁡∣x∣\ln(x^{2})=2\ln|x| for every x≠0x\ne 0.
a)

FALSE. It is the INTERSECTION: dom(f+g)=dom(f)∩dom(g)\mathrm{dom}(f+g)=\mathrm{dom}(f)\cap\mathrm{dom}(g). To add two numbers, both must exist, so a value forbidden for one stays forbidden for the sum. With f(x)=xf(x)=\sqrt{x} and g(x)=−xg(x)=\sqrt{-x}, the union would give R\mathbb{R} whereas the sum exists only at x=0x=0.

b)

FALSE. Dividing by qq removes q=0q=0, whether CC is defined there or not. This is even the most frequent case in management: C(0)C(0) is the FIXED cost, a perfectly real number, whereas the average cost at zero would mean spreading that fixed cost over no units at all. Correct statement: the domain of C‾\overline{C} is that of CC without the values that make qq zero.

c)

FALSE, and the right word is swapped, not identical: the domain of ff is the RANGE of f−1f^{-1}, and the range of ff is the DOMAIN of f−1f^{-1}. Exercise 6 shows it: demand has domain [0,60][0, 60], in dollars, and its inverse has domain [0,90][0, 90], in meals. Two sets that do not even have the same unit cannot be equal.

d)

FALSE. A fit guarantees nothing outside the window where it was made: this is EXTRAPOLATION, and it is all the more dangerous when the model is well fitted, because the quality of the fit inspires a confidence it does not justify. Exercise 1 gives the measure: the unemployment model, excellent over thirteen years, announces 29% for 2042. Correct statement: a model is valid only on its domain of validity, which must be stated with it.

e)

FALSE, and the trap is in the domain, not in the algebra. ln⁡(x2)\ln(x^{2}) exists for every x≠0x\ne 0, negatives included, since x2>0x^{2}>0. 2ln⁡x2\ln x exists only for x>0x>0. On (0,+∞)(0, +\infty) the two expressions coincide, but on (−∞,0)(-\infty, 0) only the first makes sense. Correct statement: ln⁡(x2)=2ln⁡∣x∣\ln(x^{2})=2\ln|x| for every x≠0x\ne 0. This is the error that loses half a domain in curve sketching, and it comes back every semester.

Exercise 9: Problem: the fee schedule of a child care service

A family policy adjusts the daily contribution to a child care service according to household income. Three brackets, two joints, and a question that mathematics settles better than public debate.

The daily contribution is F(R)=8.85F(R)=8.85 dollars for 0≤R≤550\le R\le 55, F(R)=8.85+0.11(R−55)F(R)=8.85+0.11(R-55) for 55<R≤10555<R\le 105, and F(R)=14.35F(R)=14.35 dollars for R>105R>105, where RR is the family income in THOUSANDS of dollars.

20406080100120140160246810121416R, family income (thousands of dollars)F(R), daily fee in dollars
  • a) Calculate F(40)F(40), F(80)F(80) and F(130)F(130).
  • b) Show that FF is continuous at R=55R=55 and at R=105R=105.
  • c) A family pays for 260 days a year. Write the annual cost A(R)A(R) and calculate A(80)A(80).
  • d) The effort rate is T(R)=A(R)1,000R×100T(R)=\dfrac{A(R)}{1{,}000R}\times 100, as a percentage of income. Calculate T(40)T(40), T(80)T(80) and T(130)T(130). Is the schedule progressive?
  • e) Give the domain of TT. Why is TT not defined at R=0R=0 when FF is?

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  • a) F(40)=8.85F(40)=8.85, F(80)=11.60F(80)=11.60, F(130)=14.35F(130)=14.35 dollars.
  • b) At 55 both brackets give 8.858.85; at 105 they give 14.3514.35. The schedule is continuous.
  • c) A(R)=260 F(R)A(R)=260\,F(R), so A(80)=3,016A(80)=3{,}016 dollars a year.
  • d) T(40)≈5.75T(40)\approx 5.75%, T(80)=3.77T(80)=3.77%, T(130)≈2.87T(130)\approx 2.87%. Regressive as a percentage, progressive in dollars.
  • e) (0,+∞)(0, +\infty): TT divides by the income, whereas F(0)=8.85F(0)=8.85 exists.
a)

R=40R=40 is in the first bracket: F(40)=8.85F(40)=8.85 dollars. R=80R=80 is in the second: F(80)=8.85+0.11×(80−55)=8.85+2.75=11.60F(80)=8.85+0.11\times(80-55)=8.85+2.75=11.60 dollars. R=130R=130 is in the third: F(130)=14.35F(130)=14.35 dollars. The (R−55)(R-55) is the point to watch: the 11% rate applies only to the part of the income LOCATED IN the bracket, not to the whole income, exactly like a marginal tax rate.

b)

At R=55R=55: the first bracket gives 8.858.85 and the second gives 8.85+0.11×0=8.858.85+0.11\times 0=8.85. The two coincide, so FF is continuous. At R=105R=105: the second gives 8.85+0.11×50=8.85+5.50=14.358.85+0.11\times 50=8.85+5.50=14.35 and the third gives 14.3514.35. They coincide as well. The schedule was therefore BUILT to be continuous, by choosing the ceiling equal to the value reached at the end of the second bracket: without this precaution, earning one more dollar could have cost several hundred dollars of child care a year.

c)

A(R)=260×F(R)A(R)=260\times F(R), in dollars a year. At R=80R=80: A(80)=260×11.60=3,016A(80)=260\times 11.60=3{,}016 dollars a year. Multiplying a function by a constant changes neither its domain nor its joints: AA is continuous exactly where FF is.

d)

T(40)=260×8.8540,000×100=2,30140,000×100≈5.75T(40)=\dfrac{260\times 8.85}{40{,}000}\times 100=\dfrac{2{,}301}{40{,}000}\times 100\approx 5.75%. T(80)=3,01680,000×100=3.77T(80)=\dfrac{3{,}016}{80{,}000}\times 100=3.77%. T(130)=260×14.35130,000×100=3,731130,000×100≈2.87T(130)=\dfrac{260\times 14.35}{130{,}000}\times 100=\dfrac{3{,}731}{130{,}000}\times 100\approx 2.87%. The AMOUNT paid rises with income, but the effort rate FALLS: from 5.75% to 2.87%, it is divided by two. The schedule is therefore regressive as a percentage of income, whereas it is progressive in dollars. Both sentences are true at the same time and do not speak about the same function: that is exactly why a debate about a fee schedule goes nowhere when nobody specifies which of the two is being discussed.

e)

TT is defined for R>0R>0, that is (0,+∞)(0, +\infty). FF, on the other hand, is perfectly defined at R=0R=0: a household with no income pays 8.85 dollars a day. But TT is a QUOTIENT by the income, and dividing by zero is forbidden. We find again, on a public policy, the rule of exercise 4: division removes from the domain a value that nothing forbade before it. Besides, the interpretation confirms the algebra, since the contribution would represent an infinite share of a zero income; the limit of T(R)T(R) as RR tends to 0 through positive values is +∞+\infty, which the next chapter will let us write properly.

Exercise 10: Problem: putting a research report into equations

The final exam does not give you the functions, it gives you a text. Here is an excerpt from a report, and the whole job is to extract from it the functions, their domain, and the right question.

“In 2019, the CEGEP library recorded 4,200 loans a month. Since then, this number has been falling by 320 loans a month each year. The acquisition budget consists of a fixed part of 18,000 dollars a year, to which 6 dollars are added for each loan made during the year.”

  • a) Write N(t)N(t), the number of loans per month tt years after 2019, then give its domain of validity.
  • b) Write the annual budget B(t)B(t) as a function of tt alone.
  • c) Calculate B(5)B(5).
  • d) The cost per loan is B‾(t)=B(t)12 N(t)\overline{B}(t)=\dfrac{B(t)}{12\,N(t)}. Calculate it at t=0t=0 and at t=5t=5, then comment.
  • e) The domain of B‾\overline{B} excludes a value of tt that the domain of BB contains. Which one, and what does it mean?

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a)
b)
c)
d)
e)
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Answers

  • a) N(t)=4,200−320tN(t)=4{,}200-320t, domain of validity [0,13.125][0, 13.125].
  • b) B(t)=18,000+72 (4,200−320t)=320,400−23,040tB(t)=18{,}000+72\,(4{,}200-320t)=320{,}400-23{,}040t dollars a year.
  • c) B(5)=205,200B(5)=205{,}200 dollars.
  • d) B‾(0)≈6.36\overline{B}(0)\approx 6.36 and B‾(5)≈6.58\overline{B}(5)\approx 6.58 dollars per loan: the unit cost rises, the fixed part being spread over fewer loans.
  • e) t=13.125t=13.125, the date when NN reaches zero: a cost per loan does not exist without loans.
a)

The decrease is a fixed amount per year, so the model is linear: N(t)=4,200−320tN(t)=4{,}200-320t loans a month. The domain of validity requires N(t)≥0N(t)\ge 0, so 320t≤4,200320t\le 4{,}200 and t≤4,200320=13.125t\le \dfrac{4{,}200}{320}=13.125. The domain is [0,13.125][0, 13.125]. Writing R\mathbb{R} would be algebraically correct and absurd in context: the model would announce a negative number of loans from the fourteenth year on.

b)

The number of loans per YEAR is 12N(t)12N(t), since NN is a monthly number. Hence B(t)=18,000+6×12 N(t)=18,000+72 (4,200−320t)B(t)=18{,}000+6\times 12\,N(t)=18{,}000+72\,(4{,}200-320t). Expanding: B(t)=18,000+302,400−23,040t=320,400−23,040tB(t)=18{,}000+302{,}400-23{,}040t=320{,}400-23{,}040t dollars a year. The factor 12 is the whole exercise: forgetting it gives a budget twelve times too small on its variable part, and the error does not show, because the result stays a plausible number.

c)

B(5)=320,400−23,040×5=320,400−115,200=205,200B(5)=320{,}400-23{,}040\times 5=320{,}400-115{,}200=205{,}200 dollars. Check by the long route: N(5)=4,200−1,600=2,600N(5)=4{,}200-1{,}600=2{,}600 loans a month, that is 31,20031{,}200 a year, so B(5)=18,000+6×31,200=18,000+187,200=205,200B(5)=18{,}000+6\times 31{,}200=18{,}000+187{,}200=205{,}200 dollars. The two paths meet.

d)

At t=0t=0: 12N(0)=50,40012N(0)=50{,}400 loans, and B‾(0)=320,40050,400≈6.36\overline{B}(0)=\dfrac{320{,}400}{50{,}400}\approx 6.36 dollars per loan. At t=5t=5: 12N(5)=31,20012N(5)=31{,}200 loans, and B‾(5)=205,20031,200≈6.58\overline{B}(5)=\dfrac{205{,}200}{31{,}200}\approx 6.58 dollars per loan. The cost per loan RISES while the total budget falls, which is surprising until you break it down: B‾(t)=18,00012N(t)+6\overline{B}(t)=\dfrac{18{,}000}{12N(t)}+6. The variable part stays at 6 dollars per loan whatever happens, and it is the FIXED part that is spread over fewer and fewer loans. Any drop in use therefore makes the service dearer, an argument found unchanged for a bus line or a village school.

e)

The excluded value is t=13.125t=13.125, the one that makes NN zero. BB is perfectly defined there, it equals 320,400−23,040×13.125=18,000320{,}400-23{,}040\times 13.125=18{,}000 dollars, that is the fixed part alone, which is consistent. But B‾\overline{B} would divide by zero there: a cost PER LOAN has no meaning when there are no loans left. This is the thread of the whole set, set on a concrete case: the domain of a model is not a formality copied at the top of a solution, it is the boundary beyond which a correct calculation produces a false sentence.

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