Part a:f(x) = 4x1.5 + 48x-0.5 - 80.5Finding the gradient function, f'(x) = 6x0.5 - 24x-1.5At the stationary point, the gradient is zero, so f'(x) = 06x0.5 - 24x-1.5 = 06x2 - 24=0x2 = 4x = 2 is the solution. x = -2 is ignored as C is only defined for x > 0.f(2) = 4(2)1.5 + 48(2)-0.5 - 80.5 = 8(20.5) + 24(20.5) - 2(20.5) = (20.5)*(8+24-2) = 30(20.5) The stationary point is (2, 30(2^0.5)).===========================================Part b:To analyse concavity, we need the rate of change in the gradient, i.e. the second derivate:f''(x) = 3x-0.5 + 36x-2.5f''(2) = 3(2)-0.5 + 36(2)-2.5 > 0This means that at the stationary point, the gradient is increasing. The stationary point is a minimum.
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