1. (5 points) If x = c is a critical point of the function f(x), then f(c) must be a maximum or minimum.
True
False
2. (5 points) The rate of change of a function is always the largest at a point of inflection.
True
False
3. (5 points) If the elasticity of demand, E, is greater than 1, then demand is said to be elastic.
True
False
4. (5 points) The derivative of H(t) = 4t ln(t) is given by H'(t) = 4/t.
True
False
5. (5 points) If a function is concave up, then that function must be increasing on its domain.
True
False
6. (5 points) Given the function v(s), we have that v'(7) = 0 and v''(7) = 200. This information means that at s = 7, the function v(s) has a minimum.
True
False
7. (5 points) Given the function v(s), we have that v'(7) = 0 and v''(7) = 200. This information means that at s = 7, the function v(s) has a minimum.
True
False