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Precalculus Study Guide: Derivatives, Extrema, and Applications

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Derivatives and Their Applications

Basic Differentiation

Differentiation is a fundamental concept in calculus, used to determine the rate at which a function changes. The derivative of a function at a point gives the slope of the tangent line at that point.

  • Power Rule: If , then .

  • Constant Multiple Rule: If , then .

  • Sum Rule: If , then .

Example: Find .

  • Apply the power rule to each term:

  • So,

Applications of Derivatives

Derivatives are used to find rates of change, such as velocity, and to solve optimization problems.

  • Rate of Change: If is a population at time , then is the rate of change of the population.

  • Example: If , then .

  • To find the rate of change at , substitute into : .

Extrema and Critical Points

Local and Absolute Extrema

Extrema refer to the maximum and minimum values of a function. Local extrema are the highest or lowest points in a small neighborhood, while absolute extrema are the highest or lowest points over the entire domain.

  • Critical Points: Points where or does not exist.

  • First Derivative Test: Used to determine if a critical point is a local maximum, minimum, or neither.

  • Second Derivative Test: If at a critical point, it is a local minimum; if , it is a local maximum.

Example: For , find local extrema.

  • Find .

  • Set : .

  • Solve for to find critical points.

Intervals of Increase and Decrease

A function is increasing where its derivative is positive and decreasing where its derivative is negative.

  • Find intervals by solving (increasing) and (decreasing).

Concavity and Points of Inflection

Concavity

Concavity describes the direction a curve bends. A function is concave upward where and concave downward where .

  • Point of Inflection: A point where the concavity changes (i.e., and changes sign).

Example: For , find points of inflection.

  • Find .

  • Set : .

  • Check sign change around to confirm inflection point.

Optimization Problems

Maximizing or Minimizing Quantities

Optimization involves finding the maximum or minimum values of a function, often subject to constraints.

  • Revenue Maximization: If , revenue .

  • Express in terms of , differentiate, set , and solve for to find the value that maximizes revenue.

  • Area and Perimeter Problems: For a rectangle with area and sides and , . To minimize perimeter for a fixed area, use and minimize .

Tables: Summary of Extrema and Concavity Tests

Test

Purpose

How to Apply

First Derivative Test

Find local maxima/minima

Check sign of before and after critical points

Second Derivative Test

Classify critical points

If , local min; if , local max

Concavity Test

Find intervals of concavity

Check sign of on intervals

Inflection Point Test

Find points where concavity changes

Set and check sign change

Graphical Analysis

Interpreting Graphs of Functions and Their Derivatives

Graphs can be used to identify critical points, intervals of increase/decrease, and points of inflection.

  • Critical points correspond to where the derivative graph crosses the x-axis.

  • Intervals where the derivative is positive indicate the function is increasing.

  • Points where the second derivative changes sign are inflection points.

Summary

  • Use derivatives to find rates of change, extrema, and solve optimization problems.

  • Apply the first and second derivative tests to classify critical points.

  • Analyze concavity and inflection points using the second derivative.

  • Optimization problems often require expressing one variable in terms of another and differentiating.

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