Read this section to understand the definition of a derivative. Work through practice problems 1-8.
So far we have emphasized the derivative as the slope of the line tangent to a graph. That interpretation is very visual and useful when examining the graph of a function, and we will continue to use it. Derivatives, however, are used in a wide variety of fields and applications, and some of these fields use other interpretations. The following are a few interpretations of the derivative which are commonly used.
General
Rate of Change is the rate of change of the function at
. If the units for
are years and the units for
are people, then the units for
are
, a rate of change in population.
Graphical
Slope is the slope of the line tangent to the graph of
at the point
Physical
Velocity If is the position of an object at time
, then
is the velocity of the object at time
. If the units for
are hours and
is distance measured in miles, then the units for
are
, miles per hour, which is a measure of velocity.
Acceleration If is the velocity of an object at time
, then
is the acceleration of the object at time
. If the units are for
are hours and
has the units
, then the units for the acceleration
are
, miles per hour per hour.
Magnification is the magnification factor of the function
for points which are close to
. If
and
are two points very close to
, then the distance between
and
will be close to
times the original distance between
and
.
Business
Marginal Cost If is the total cost of
objects, then
is the marginal cost, at a production level of
. This marginal cost is approximately the additional cost of making one more object once we have already made
objects. If the units for
are bicycles and the units for
are dollars, then the
are
, the cost per bicycle.
Marginal Profit If is the total profit from producing and selling
objects, then
is the marginal profit, the profit to be made from producing and selling one more object.
If the units for are bicycles and the units for
are dollars, then the units for
are
, dollars per bicycle, which is the profit per bicycle.
In business contexts, the word "marginal" usually means the derivative or rate of change of some quantity.
One of the strengths of calculus is that it provides a unity and economy of ideas among diverse applications. The vocabulary and problems may be different, but the ideas and even the notations of calculus are still useful.
Example 4: A small cork is bobbing up and down, and at time t seconds it is feet above the mean water level (Fig. 7). Find the height, velocity and acceleration of the cork when
seconds. (Include the proper units for each answer.)
Solution: represents the height of the cork at any time
, so the height of the cork when
is
feet.
The velocity is the derivative of the position, so . The derivative of position is the limit of
, so the units are (feet)/(seconds). After 2 seconds the velocity is
feet per second
.
The acceleration is the derivative of the velocity, so . The derivative of velocity is the limit of
, so the units are (feet/second) / (seconds) or feet/second
. After 2 seconds the acceleration is
.
Practice 6: Find the height, velocity and acceleration of the cork in the previous example after 1 second?