2.3 Product
and Quotient Rules: Higher Order Derivatives
The Product Rule

Do two
ways:
![]()
Find ![]()
The Quotient Rule

Examples:
![]()
![]()
Applications:
#48 Demand and Revenue
The manager
of a company that produces graphing calculators determines that when x thousand calculators are produced,
they will all be sold when the price is
dollars per
calculator.
a) At what rate is demand p(x) changing with respect to the level
of production x when 3,000 (x=3) calculators are produced?
b) The revenue derived from the sale of
x thousand calculators is R(x) = xp(x) thousand dollars. At what rate is revenue changing when 3,000
calculators are produced? Is revenue
increasing or decreasing at this level of production?
#52
Bacterial Populations
A bacterial
colony is estimated to have a population of
million t hours after the introduction of a
toxin.
a) At what rate is the population changing 1
hour after the toxin is introduced (t=1)? Is the population increasing or decreasing at
this time?
b) At what time does the population begin to
decline?
Second Derivative
The derivative of the function that is the first derivative.
NOTATION: ![]()
One
application is for distance as a function of time –
s(t) is
distance
s’(t)
= v(t) is velocity
s’’(t)
= v’(t) = a(t) is acceleration
The change
in Inflation Rate is a 2nd derivative
Polynomials
- 2nd derivative is easy –
simpler as higher derivative
Example: ![]()
But often,
2nd derivative can get messy!
#44
![]()
Applications
with distance function
#62 After t
hours of an 8-hour trip, a car has gone
kilometers
a) Derive a formula expressing the
acceleration of the car as a function of time.
b) At what rate is the velocity of the
car changing with respect to time at the end of 6 hours? Is the velocity increasing or decreasing at
this time?
c) By how much does the velocity of the
car actually change during the seventh hour?
Application:
It is projected that t months from now, the average price per
unit for goods in a certain sector of the economy will be
dollars.
a) At what rate will the price per unit be
increasing with respect to time 5 months from now?
b) At what rate will the rate of price
increase be changing with respect to time 5 months from now?
Higher Order Derivatives

#66 Find
where ![]()