Problem Set 1
Calculus
1. Find the derivative w.r.t. 𝑥 for each of the following functions:
a) 𝑓(𝑥) = 2𝑥
b) 𝑓(𝑥) = 4𝑥 3
c) 𝑓(𝑥) = √𝑥
d) 𝑓(𝑥) = 𝑥 2 + 4𝑥 + 5
e) 𝑓(𝑥) = log(𝑥)
2
f) 𝑓(𝑥) = 𝑥+1
g) 𝑓(𝑥, 𝑦) = 𝑥 2 𝑦 + 10𝑥𝑦 + 5𝑥
h) 𝑓(𝑥, 𝑦, 𝑧) = 𝑥 3 𝑦𝑧 + 10𝑦 2 𝑧 2 + 𝑥 + 5
Unconstrained Optimization
2. Find the point at which the following functions are maximized:
a) 𝑓(𝑥) = −12𝑥 2
b) 𝑓(𝑥) = −𝑥 2 + 6𝑥 + 1
3. Find the point at which the following functions are minimized:
a) 𝑓(𝑥) = 𝑥 2
b) 𝑓(𝑥) = 𝑥 2 − 10𝑥 + 40
Constrained Optimization
4. Solve the following maximization problems:
a) max 𝑥𝑦
𝑥,𝑦
s.t. 𝑥 + 𝑦 = 10
b) max √𝑥𝑦
𝑥,𝑦
s.t. 6𝑥 + 12𝑦 = 72
5. Solve the following minimization problem:
a) min 5𝑥 + 20𝑦
𝑥,𝑦
s.t. √𝑥𝑦 = 20