AM 21-22 Exam A
AM 21-22 Exam A
AM 21-22 Exam A
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1. a) Determine the asymptotes with the slope to the graph of y = 2x−1 . 10
b) Determine the equation of the tangent line to the graph of
f : y = ln (3x − 2) + 2x at the point (1; ?). 10
c) Graph the demand function q = 15 − p4 and find the price elasticity
of demand for the given price p = 20. 10
d) Let x = 18 − 2p be the demand function and C(x) = x2 + 5 + x1
be the average cost function. Determine the number of units and
the corresponding price per unit for which is the profit maximal. 15
2. a) Find and sketch the domain√ of the √ function
f : z = ln (y − x2 + 3) + y + 2 + 1 − y. 10
b) Let f : z = x3 + y 2 − 3x − 4y be the total cost function. Find the production
level (x a y) for which are the costs minimal. 15
c) Let q1 = 4p1 2 − 6p1 p2 + 2p2 2 + 16 defines a demand function for product B,
where q2 is the quantity demanded of B and p1 (p2 ) is the price per unit
of product A (B). Find the price elasticity of demand for B with respect
to p1 and p2 for given prices p1 = 1 and p2 = 3. Determine whether
A and B are competitive or complementary products. 15
3. Let p = 10 − 2q be the demand function and the supply function is p = q 2 + 2.
Determine and sketch the market equilibrium and producers surplus. 15