The profit PPP, in thousands of pounds, generated by a chemical plant is modeled by the equation
P=54v12−2v32+10,v>0 P = 54v^{\frac{1}{2}} - 2v^{\frac{3}{2}} + 10, \quad v > 0 P=54v21−2v23+10,v>0where v v\,v is the volume of a specific catalyst used in litres.
Find dPdv\dfrac{dP}{dv}dvdP, giving each term in its simplest form.
Hence find the coordinates of the stationary point of the profit model.
Find d2Pdv2\dfrac{d^2 P}{dv^2}dv2d2P and hence determine the nature of this stationary point.
717 exam-style questions on Edexcel A Level Maths Differentiation, covering 9.1 Differentiating sin x and cos x, 9.2 Differentiating exponentials and logarithms, 9.3 The Chain Rule, 9.4 The Product Rule, 9.5 The Quotient Rule, 9.6 Differentiating Trigonometric Functions, 9.7 Parametric Differentiation, 9.8 Implicit Differentiation, 9.9 Using Second Derivatives, and 9.10 Rates of Change. Each one has a worked solution and a mark scheme showing where the marks go.