Chapter 1 Functions of Several Variables
Chapter 1 Functions of Several Variables
Chapter 1 Functions of Several Variables
CHAPTER = 1
2
(b) 𝑔(𝑥, 𝑦) = + √9 − (𝑥 2 + 𝑦 2 ) [It is the set of points that lie outside the
√𝑥 2 +𝑦 2−4
circle 𝒙𝟐 + 𝒚𝟐 = 𝟒 𝒂𝒏𝒅 𝒊𝒏𝒔𝒊𝒅𝒆 𝒕𝒉𝒆 𝒄𝒊𝒓𝒄𝒍𝒆 𝒙𝟐 + 𝒚𝟐 = 𝟗 ]
1
(c) 𝑓(𝑥, 𝑦) = + √3𝑦 − 𝑥 2 + 9) (Eco(H) 2008)
√𝑥 2+𝑦 2−4
(d) √2 − (𝑥 2 + 𝑦 2 ) [𝒙𝟐 + 𝒚𝟐 ≤ 𝟐]
𝑥
(f) f(x,y)=√ (Eco(H) 2015) [1st quadrant if x,y ≥ 𝟎; 𝟑𝒓𝒅 𝒒𝒖𝒂𝒅𝒓𝒂𝒏𝒕 𝒊𝒇 𝒙, 𝒚 ≤ 𝟎]
𝑦
√𝑥+𝑦+1
(g) f(x,y)= (Eco(H) 2016) [x + y ≥ −𝟏]
𝑥−1
1
(i) 𝑓(𝑥, 𝑦) = + √(3𝑦 − 𝑥 2 + 9)
√(𝑥 2+𝑦 2−4)
(j) 𝑓(𝑥, 𝑦) = 𝑥𝑙𝑛(𝑦 2 − 𝑥) [𝒚𝟐 > 𝑥 ] (Eco(H) 2017)
Page 1
Rahul Sir
4) Sketch the level curves for the following functions at heights specified by k:
a) 𝑓(𝑥, 𝑦) = 2 − 𝑥 − 𝑦 at height k = 0, 2. (Eco(H) 2012, 2015)
{𝑨𝒕 𝒌 = 𝟎, 𝒙 + 𝒚 = 𝟐; 𝑨𝒕 𝒌 = 𝟐, 𝒙 + 𝒚 = 𝟎}
b) 𝑓(𝑥, 𝑦) = 𝑦 3 − 𝑥 2 , at the height k = 0. (Eco(H) 2017)
𝟐/𝟑
{𝑨𝒕 𝒌 = 𝟎, 𝒚 = 𝒙 }
c) 𝑔(𝑥, 𝑦) = 𝑦 − 𝑙𝑛𝑥, at the height k = 0, 2. (Eco(H) 2017)
{𝑨𝒕 𝒌 = 𝟎, 𝒚 = 𝒍𝒏𝒙; 𝑨𝒕 𝒌 = 𝟐, 𝒚 = 𝒍𝒏𝒙 + 𝟐}
d) 𝑓(𝑥, 𝑦) = 𝑥 2 − 𝑦, at the height k = 0, 2. (Eco(H) 2016)
{𝑨𝒕 𝒌 = 𝟎, 𝒙𝟐 = 𝒚; 𝒂𝒕 𝒌 = 𝟐, 𝒙𝟐 = 𝒚 + 𝟐}
e) 𝑓(𝑥, 𝑦) = 𝑦 2 − 𝑥 2 at height k = 10. (Eco(H) 2015)
{𝒚𝟐 − 𝒙𝟐 = 𝟏𝟎}
f) 𝑔(𝑥, 𝑦) = (𝑦 − 2𝑥)2 , at the height k = 4. (Eco(H) 2016)
𝟐
{𝑨𝒕 𝒌 = 𝟒, 𝟒𝒙 − 𝟒𝒙𝒚 + 𝒚 = 𝟒} 𝟐
g) Specify the domain and provide a rough sketch of it for the function
f(x, y) = ln(9-x2 – 9y2). Also, provide a rough sketch of the level curve at the
height 4.(Eco (H) 2019)
5) Draw the level curve for the function 𝑓(𝑥, 𝑦) = √𝑦 2 − 𝑥 2 passing through the (3, 5).
Find the unit vector perpendicular to the level curve at this point. (Eco(H) 2018)
6) Draw the graph of the following functions in three-dimensional space, and draw a set
of level curves for each of them:
(a) 𝑧 = 3 − 𝑥 − 𝑦
(b) 𝑧 = √3 − 𝑥 2 − 𝑦 2
(c) f(x, y) = (𝑥𝑦 + 1)2 , (𝑥, 𝑦 > 0), at height k=4.
(d) g(x, y)= 𝑦 2 − 𝑥 2, at height k=0
8) Show that 𝑥 2 − 𝑦 2 = c, for all values of the constant c lies on a level curve for
2 2
f(x, y) = 𝑒 𝑥 𝑒 −𝑦 + 𝑥 4 − 2𝑥 2 𝑦 2 + 𝑦 4 .
Page 2
Rahul Sir
9) Sketch the graph of the following function in three dimensional space and draw a set
of level curves of height 𝑐 = (0, 2) :
𝑓(𝑥, 𝑦) = 2 − 𝑥 − 𝑦
For 𝑥 ≥ 0, 𝑦 ≥ 0, 𝑓(𝑥, 𝑦) ≥ 0
𝑤
11) (a) Find all the first-order partial derivatives of 𝑓(𝑢, 𝜐, 𝜔 ) = 𝑢 𝜐
𝛿𝑧 𝛿𝑧
(b) Let 𝑧 = 𝑓(𝑥 2 − 𝑦 2 ). Show that 𝑦 = −𝑥
𝛿𝑥 𝛿𝑦
2
12) (a) If 𝑓(𝑥, 𝑦) = 𝑥 3 𝑒 𝑦 , find the first and second-order partial derivatives at
(𝑥, 𝑦) = (1,0). [𝒇′𝟏 = 𝟑; 𝒇′𝟐 = 𝟎; 𝒇′𝟏𝟏 = 𝟔; 𝒇′𝟏𝟐 = 𝟎 = 𝒇′𝟐𝟏 ; 𝒇′𝟐𝟐 = 𝟐 ]
Page 3
Rahul Sir
[𝒘′𝟏 = 𝟑𝒚𝒛 + 𝟐𝒙𝒚 − 𝒛𝟑 ; 𝒘′𝟐 = 𝟑𝒙𝒛 + 𝒙𝟐 ; 𝒘′𝟑 = 𝟑𝒙𝒚 − 𝟑𝒙𝒛𝟐 ; 𝒘′𝟏𝟏 = 𝟐𝒚; 𝒘′𝟐𝟏 =
𝒘′𝟏𝟐 = 𝟑𝒛 + 𝟐𝒙 ; 𝒘′𝟏𝟑 = 𝒘′𝟑𝟏 = 𝟑𝒚 − 𝟑𝒛𝟐 ; 𝒘′𝟐𝟐 = 𝟎; 𝒘′𝟐𝟑 = 𝒘′𝟑𝟐 = 𝟑𝒙; 𝒘′𝟑𝟑 = −𝟔𝒙𝒛]
𝝏𝟐 𝒛
( ) = 𝒚𝟐𝒆𝟐𝒙𝒚 [𝟖𝒙𝒚 + 𝟒𝒙𝟐 𝒚𝟐 + 𝟐]
𝝏𝒙𝟐
𝝏𝟐 𝒛 𝝏𝟐 𝒛
( )=( ) = 𝒆𝟐𝒙𝒚 [𝟏𝟎𝒙𝟐𝒚𝟐 + 𝟒𝒙𝟑 𝒚𝟑 + 𝟒𝒙𝒚]
𝝏𝒙𝝏𝒚 𝝏𝒚𝝏𝒙
𝝏𝟐 𝒛
( 𝟐 ) = 𝒙𝟐 𝒆𝟐𝒙𝒚 [𝟖𝒙𝒚 + 𝟒𝒙𝟐 𝒚𝟐 + 𝟐]
{ 𝝏𝒚 }
15) Define the function 𝑓(𝑥, 𝑦) = 𝑥𝑦(𝑥 2 − 𝑦 2 )/(𝑥 2 + 𝑦 2 )when (x, y)≠ 0and f(0,0)=0.
Show that Young’s theorem does not apply at (0,0) by finding 𝑓1′ (0, 𝑦) and 𝑓2′ (𝑥, 0),
′′ ′′
then showing that 𝑓12 (0, 0) = 1 and that 𝑓21 (0, 0) = -1. Show that young’s theorem is
′′ ′′
not contradicted because both 𝑓12 & 𝑓21 are discontinuous at (0, 0).
𝝏𝒑+𝒒 𝒛
𝒂) = (−𝟏)𝒒−𝟏(𝒒 − 𝟏)! 𝒆𝒙 (𝟏 + 𝒚)−𝒒
𝝏𝒚𝒒𝝏𝒙𝒑
[ 𝝏𝒑+𝒒 𝒛
]
𝒃) = 𝒆𝒙+𝒚[𝒙𝒚 + (𝒑 + 𝟏)𝒚 + 𝒒𝒙 + (𝒑 + 𝟏)𝒒 − 𝟏 ]
𝝏𝒚𝒒𝝏𝒙𝒑
1 𝜕 𝑢𝑥𝑦 1 𝜕 𝑢𝑥𝑦
19) Prove that if 𝑢 = 𝑎𝑥 𝑎 𝑦 𝑏 , then ( )= ( )
𝑢𝑥 𝜕𝑥 𝑢𝑥 𝑢𝑦 𝑢𝑦 𝜕𝑦 𝑢𝑥 𝑢𝑦
Page 4
Rahul Sir
22) Let ℎ(𝑥, 𝑦) = 𝑓 (𝑥 − 𝑦) + 𝑔(𝑥 + 𝑦) where f and g are twice differentiable function of
one variable:
𝑑2 ℎ 𝑑2ℎ
a) Prove that 2
= . (Eco(H) 2013)
𝑑𝑦 𝑑𝑥 2
b) If 𝑓(𝑢 ) = 2
𝑢 and 𝑔(𝑢 )
= 0, describe the level curves 𝑧 = ℎ(𝑥, 𝑦) and
ℎ(𝑥, 𝑦) = 𝑓(𝑥 − 𝑦) + 𝑔(𝑥 + 𝑦). (Eco(H) 2013) {𝒙 − 𝒚 = √𝒌}
𝜕𝑢 𝜕𝑢 𝜕𝑢
23) (a) If 𝑢 = 𝑥 2 (𝑦 − 𝑧 ) + 𝑦 2 (𝑧 − 𝑥 ) + 𝑧 2 (𝑥 − 𝑦), prove that + + = 0.
𝜕𝑥 𝜕𝑦 𝜕𝑧
𝜕𝑉 𝜕𝑉
(b) If 𝑉 = (1 − 2𝑥𝑦 + 𝑦 2 )−1/2, prove that 𝑥 −𝑦 = 𝑦 2𝑉 3.
𝜕𝑥 𝜕𝑦
1 𝜕𝑢 𝜕𝑢 𝜕𝑢
24) If = √𝑥 2 + 𝑦 2 + 𝑧 2 , show that 𝑥 +𝑦 +𝑧 = −𝑢 and
𝑢 𝜕𝑥 𝜕𝑦 𝜕𝑧
𝜕 2𝑢 𝜕 2𝑢 𝜕 2𝑢
+ + =0
𝜕𝑥 𝜕𝑦 2 𝜕𝑧 2
𝜕𝑢 𝜕𝑢 𝜕𝑢
25) (a)𝑢 = 𝑥 3 + 𝑦 3 + 𝑧 3 + 3𝑥𝑦𝑧, show that 𝑥 +𝑦 +𝑧 = 3𝑢
𝜕𝑥 𝜕𝑦 𝜕𝑧
𝜕 3𝑢
(b) If 𝑢 = 𝑒 𝑥𝑦𝑧 , show that = (1 + 3𝑥𝑦𝑧 + 𝑥 2 𝑦 2 𝑧 2 )𝑒 𝑥𝑦𝑧 .
𝜕𝑥𝜕𝑦𝜕𝑧
𝜕 2𝑢 𝜕 2𝑢 𝜕 2𝑢
(c) If 𝑢 = 𝑙𝑜𝑔√𝑥 2 + 𝑦 2 + 𝑧 2 , show that (𝑥 2 + 𝑦 2 + 𝑧 2 ) ( 2
+ 2
+ ) = 1.
𝜕𝑥 𝜕𝑦 𝜕𝑧 2
𝜕𝑢 2 𝜕𝑢 2 𝜕𝑢 2
26) (a) If 𝑢 = √𝑥 2 + 𝑦 2 + 𝑧 2 , show that ( ) + ( ) + ( ) = 1.
𝜕𝑥 𝜕𝑦 𝜕𝑧
𝜕𝑧 𝜕𝑧
(b) If 𝑧 = log(𝑥 2 + 𝑥𝑦 + 𝑦 2 ), prove that 𝑥 +𝑦 = 2.
𝜕𝑥 𝜕𝑦
𝑦 𝑧 𝑥 𝜕𝑢 𝜕𝑢 𝜕𝑢
(c) If 𝑢 = + + , prove that 𝑥 +𝑦 +𝑧 = 0.
𝑧 𝑥 𝑦 𝜕𝑥 𝜕𝑦 𝜕𝑧
𝜕𝑢 𝜕𝑢
27) (a) If 𝑢 = 𝑓(𝑥 2 + 𝑦 2 ), prove that : = 𝑥: 𝑦.
𝜕𝑥 𝜕𝑦
Page 5
Rahul Sir
Composite Functions
32) (a) Find expressions for 𝜕𝑧/𝜕𝑡1 and 𝜕𝑧/𝜕𝑡2 when 𝑧 = 𝐹(𝑥) and
𝝏𝒛 𝝏𝒛
𝑥 = 𝑓(𝑡1 , 𝑡2 ). [ = 𝑭′𝒙 𝝏𝒙⁄𝝏𝒕 ; = 𝑭′𝒙 𝝏𝒙⁄𝝏𝒕 ]
𝝏𝒕𝟏 𝟏 𝝏𝒕𝟐 𝟐
(b) Find a formula for 𝜕𝑢/𝜕𝑟 when 𝑢 = 𝑓 (𝑥, 𝑦, 𝑧, 𝑤) and x, y, z, and w all are functions
𝝏𝒖 𝝏𝒇 𝝏𝒙 𝝏𝒇 𝝏𝒚 𝝏𝒇 𝝏𝒘 𝝏𝒇 𝝏𝒛
of t and r [ = + + + ]
𝝏𝒓 𝝏𝒙 𝝏𝒓 𝝏𝒚 𝝏𝒓 𝝏𝒘 𝝏𝒓 𝝏𝒛 𝝏𝒓
(c) Let 𝑢 = 𝑥𝑦𝑧𝑤, 𝑥 = 𝑟 + 𝑠, 𝑦 = 𝑟 − 𝑠, 𝑧 = 𝑟𝑠, and 𝑤 = 𝑟/𝑠, and compute 𝜕𝑢/𝜕𝑟 when
𝝏𝒖
(r, s) = (2,1). [ = 𝟐𝟖]
𝝏𝒓
Page 6
Rahul Sir
33) Suppose 𝑧 = 𝑓(𝑥, 𝑦) has continuous second – order partial derivatives with
𝜕𝑧 𝜕 2𝑧
𝑥 = 𝑟 2 + 𝑠 2 & 𝑦 = 2𝑟𝑠. Find and . (Eco(H) 2017)
𝜕𝑟 𝜕𝑟 2
𝝏𝒛 𝝏𝒛 𝝏𝒛
= (𝟐𝒓) + (𝟐𝒔);
𝝏𝒓 𝝏𝒙 𝝏𝒚
𝝏𝟐𝒛 𝝏𝟐 𝒛 𝟐
𝝏𝟐 𝒛 𝝏𝟐 𝒛 𝝏𝒛 𝝏𝒛
𝟐
= 𝟐
(𝟐𝒓) + 𝟐 . ( 𝟐𝒓 ) . ( 𝟐𝒔 ) + 𝟐
(𝟐𝒔)𝟐 + 𝟐. + 𝟐𝒔
{𝝏𝒓 𝝏𝒙 𝝏𝒙𝝏𝒚 𝝏𝒚 𝝏𝒙 𝝏𝒚 }
𝑑𝑧
34) (a) 𝐹 (𝑥, 𝑦) = 𝑥 + 𝑦 2 , 𝑥 = 𝑡 2, 𝑦 = 𝑡 3find .
𝑑𝑡
𝑑𝑧
(b) 𝐹 (𝑥, 𝑦) = 𝑥 ln 𝑦 + 𝑦𝑙𝑛𝑥, 𝑥 = 𝑡 + 1, 𝑦 = 1𝑛𝑡 find .
𝑑𝑡
1 𝑑𝑧
(c) If 𝑧 = 4𝑥 3 + 3𝑥 2 𝑦 − 2𝑦 3 , − and 𝑦 = 5 + 𝑡, find .
𝑡 𝑑𝑡
𝑑𝑧
(d) If 𝑧 = 𝑓(𝑥, 𝑦, 𝑡), where 𝑥 = 𝑎 + 𝑏𝑡 and 𝑦 = 𝛼 + 𝛽𝑡, find .
𝑑𝑡
𝑑𝑢
(e) Find when 𝑢 = 𝑥𝑦 2 + 𝑥 2 𝑦, 𝑥 = 𝑎𝑡 2 , 𝑦 = 2𝑎𝑡.
𝑑𝑡
𝒂) 𝟐𝒕 + 𝟔𝒕𝟓)
𝒍𝒏𝒕 𝒕+𝟏 (𝒍𝒏(𝒕+𝟏))
𝒃) 𝒍𝒏(𝒍𝒏𝒕) + + +
𝒕+𝟏 𝒕𝒍𝒏𝒕 𝒕
𝒅𝒛 𝟏𝟐𝒙𝟐 +𝟔𝒙𝒚
𝒄) = + 𝟑𝒙𝟐 − 𝟔𝒚𝟐
𝒅𝒕 𝒕𝟐
𝒅) 𝒃. 𝒇𝒙 + 𝛽𝒇𝒚 + 𝒇𝒕
[ 𝒆) ]
𝜕𝑧 𝜕𝑧
35) If 𝑧 = 𝑒 𝑎𝑥+𝑏𝑦 𝑓(𝑎𝑥 − 𝑏𝑦), show that 𝑏 +𝑎 = 2𝑎𝑏𝑧.
𝜕𝑥 𝜕𝑦
37) Let f be a differentiable function of one variable and let a and b be tow constants.
Suppose that the equation 𝑥 − 𝑎𝑧 = 𝑓(𝑦 − 𝑏𝑧) defines z as a differentiable function of
x and y. prove that z satisfies 𝑎𝑧𝑥 + 𝑏𝑧𝑦 = 1.
𝜕𝑤 𝜕𝑤 𝜕𝑤
38) Let 𝑤 = 𝑓(𝑥 − 𝑦, 𝑦 − 𝑧, 𝑧 − 𝑥). Show that + + = 0.
𝜕𝑥 𝜕𝑦 𝜕𝑧
𝑑𝑧
39) If 𝑧 = √𝑥 2 + 𝑦 2 and 𝑥 3 + 𝑦 3 + 3𝑎𝑥𝑦 = 5𝑎2 , find the value of when 𝑥 = 𝑎, 𝑦 = 𝑎.[0]
𝑑𝑥
Page 7
Rahul Sir
𝝏𝒀 𝟏
=
𝝏𝑰𝟎 𝟏 − 𝜷 + 𝜷𝜹
𝝏𝒀 𝟏
=
{𝝏𝑮𝟎 𝟏 − 𝜷 + 𝜷𝜹}
42) The equilibrium values of the variables Y, C and I are given by the solution of three
equation:
𝑌 =𝐶+𝐼+𝐺
𝐶 = 𝑓 (𝑌, 𝑇, 𝑟 )
𝐼 = ℎ(𝑌, 𝑟)
Where T, G and r are parameters and f and h are differentiable functions. How does Y
changes when T and G increase by equal amount with no change in t. (Eco(H) 2012)
𝒅𝒚 𝒇′𝑻 +𝟏
{ = }
𝒅𝒕 𝟏−𝒇′𝒚−𝒉′𝑻
Implicit Functions
𝑑𝑦 𝑑2 𝑦
43) (a) If 𝑥 3 + 𝑦 3 − 3𝑎𝑥𝑦 = 0. Find and .
𝑑𝑥 𝑑𝑥 2
𝑑𝑦
(b) Find for the function 3𝑥 3 + 4𝑥 2 𝑦 + 𝑥𝑦 2 + 2𝑦 3 = 0
𝑑𝑥
44) Output z is a function of inputs x and y: 𝑧 = 𝑓(𝑥, 𝑦). Both marginal products are
strictly positive and strictly diminishing. State the condition for this to be true. Input
available change overtime.
𝑥 = 𝜙(𝑡), 𝑦 = 𝑢(𝑡).
𝑑𝑧 𝑑2 𝑧
Obtain and ; in terms of 𝑓, 𝜙 𝑎𝑛𝑑 𝑢. (Eco(H) 2014)
𝑑𝑡 𝑑𝑡 2
Page 8
Rahul Sir
𝒅𝒛
{ = 𝒇′ 𝒙 𝝓′ (𝒕) + 𝒇′ 𝒚𝒖′ (𝒕)};
𝒅𝒕
𝒅𝟐 𝒛
{ 𝟐 = 𝒇′′ (𝒙)[𝝓′ (𝒕)]𝟐 + 𝟐𝒇′′𝒙𝒚𝝓′ (𝒕)𝒖′ (𝒕) + 𝒇′′ 𝒚[𝒖′ (𝒕)]𝟐 + 𝒇′ 𝒙𝝓′′ (𝒕) + 𝒇′ 𝒚 𝒖′′ (𝒕)}
𝒅𝒕
𝑑2 𝑦 2𝑎 2𝑥 2
45) Prove that 2
+ = 0, where 𝑦 3 − 3𝑎𝑥 2 + 𝑥 3 = 0.
𝑑𝑥 𝑦5
𝜕𝑧 𝜕𝑧 𝒇𝒙 𝒇𝒚
48) (a) If 𝑓(𝑥, 𝑦, 𝑧 ) = 𝑐, find and . [− ,− ]
𝜕𝑥 𝜕𝑦 𝒇𝒛 𝒇𝒛
𝜕𝑧 𝜕𝑥 𝜕𝑦
(b) If 𝑓 (𝑥, 𝑦, 𝑧 ) = 0, find . . . [-1]
𝜕𝑥 𝜕𝑦 𝜕𝑧
𝜕𝑧 𝜕𝑧
49) Assume that 𝑓(𝑥, 𝑦, 𝑧 ) = 𝑐 and z is a function of x and y. Find 𝑎𝑛𝑑 if z is defined
𝜕𝑥 𝜕𝑦
implicitly by the equation: 𝑥 2 + 2𝑥𝑦 + 𝑦 3 + 𝑒 𝑧 = 4. (Eco(H) 2012)
𝝏𝒛 −(𝟐𝒙 + 𝟐𝒚𝒛) 𝝏𝒛 −(𝟐𝒙𝒛 + 𝟑𝒚𝟐 )
{ = ; = }
𝝏𝒙 (𝟐𝒙𝒚 + 𝒆𝒛 ) 𝝏𝒚 (𝟐𝒙𝒚 + 𝒆𝒛 )
𝜕𝑦 𝜕𝑧 𝜕𝑥
50) If ∅(𝑥, 𝑦, 𝑧 ) = 0, show that ( ) ×( ) ×( ) = −1
𝜕𝑧 𝑥 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡 𝜕𝑥 𝑦 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡 𝜕𝑦 𝑧 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡
Express the derivative h’(x) in terms of the partial derivatives of f and g. (Eco(H) 2014)
(𝒇′ 𝒚)(𝒈′ 𝒙)
{𝐡’(𝐱) = (𝒇′ 𝒙) − }
(𝒈′ 𝒚)
52) For the curve given by 𝑥 3 + 𝑥 2 𝑦 − 2𝑦 2 − 10𝑦 = 0 find the slope of and equation for
the tangent at the point (x,y)=(2,1). [slope =8/5 ; (1/5)(8x-11)
Page 9
Rahul Sir
2
53) (a) Assume that the equation 𝑒 𝑥𝑦 − 2𝑥 − 4𝑦 = 𝑐 defines y as a differentiable
function 𝑦 = 𝑓(𝑥) of x. find a value of the constant c such that 𝑓(0) = 1, and
compute 𝑦 ′ 𝑎𝑡 (𝑥, 𝑦) = (0,1). Find the tangent to the curve at (2, 1).
56) The equation 𝑦 2 + 5𝑥 = 𝑥𝑒 𝑥(𝑦−2) represents a curve in the xy-plane. Explain why the
curve passes through the point (-1, 2), and show that the slope of the tangent at this
point is equal to -4/3. Also find the equation for the tangent here.
[The curve passes through (-1, 2); equation y = 1/3(-4x+2)]
57) An equilibrium model of labor demand and output pricing leads to the system of
equations: 𝑃𝑓 ′ (𝐿 ) − 𝑤 = 0 𝑎𝑛𝑑 𝑃𝑓 (𝐿 ) = 𝑤𝐿 + 𝑐, where 𝑓 is twice differentiable with
𝑓 ′ (𝐿 ) > 0 𝑎𝑛𝑑 𝑓 ′′ (𝐿) < 0. All the variables are positive. Regard w and c as exogenous
so that P and L are endogenous variables which are functions of w and c around the
𝜕𝑃 𝜕𝑃 𝜕𝐿 𝜕𝐿
point 𝐴(𝑤, 𝑐, 𝑃, 𝐿 ) = (𝑤0 , 𝑐0 , 𝑃0 , 𝐿0 ). 𝐹𝑖𝑛𝑑 𝑒𝑥𝑝𝑟𝑒𝑠𝑠𝑖𝑜𝑛𝑠 𝑓𝑜𝑟 , , , by implicit
𝜕𝑤 𝜕𝑐 𝜕𝑤 𝜕𝑐
differentiation. (Eco(H) 2018)
Directional Derivatives
58) Let 𝑓(𝑥, 𝑦) = 𝑥𝑦. Compute the first and second directional derivatives of f at (𝑥0 , 𝑦0 ) in
the directions:
1 1
(a) (ℎ, 𝑘) = ( , ) and
√2 √2
1 1
(b) (ℎ, 𝑘) = ( ,− )
√2 √2
59) Compute the directional derivatives of the following functions at the given point and
in the given direction:
(a) 𝑓(𝑥, 𝑦) = 2𝑥 + 𝑦 − 1 𝑎𝑡 (2,1), in the direction of (1,1). [3√𝟐/𝟐 ]
(b) 𝑔(𝑥, 𝑦) = 𝑥𝑒 𝑦𝑥 − 𝑥𝑦 at (1,1), in the direction of (3,4). [2e – 7/5 ]
Page 10
Rahul Sir
60) Compute the directional derivatives of the following functions at the indicated points
in the given direction d.
a) f(x, y)= x+2𝑥 2 -3xy; (𝑥0 , 𝑦0 )=(1,1); d=(3/5, 4/5) [-6/5]
b) f(x, y)= log√𝑥 2 + 𝑦 2 ; (𝑥0 , 𝑦0 )=(1,0); d=(2/√5, 1/√5) [2/√𝟓] (Eco(H) 2014)
61) For the function (x, y) = 𝑥 2 𝑦 3 − 4𝑦, find the gradient at the point (2,-1). Hence find
the directional derivative in the direction of unit vector v = (2/ √29, 5/√29).[32/√𝟐𝟗]
62) Compute the directional derivative of 𝑓(𝑥, 𝑦) = 𝑥𝑦 2 + 𝑥 3 𝑦 at the point (4, −2) in the
1 3
direction ( , ) [128/√𝟏𝟎 ]
√10 √10
63) Consider the function 𝑓(𝑥, 𝑦) = 𝑥/𝑦. Let 𝑃 = (1, 2)and 𝑄 = (7, 5). Find the first and
second directional derivative of f at P in the direction of Q. (Eco(H) 2012)
𝟗 𝟒𝟓
[𝟏𝒔𝒕 𝒐𝒓𝒅𝒆𝒓 𝒅𝒆𝒓𝒊𝒗𝒂𝒕𝒊𝒗𝒆 = ; 𝟐𝒏𝒅 𝒐𝒓𝒅𝒆𝒓 𝒅𝒆𝒓𝒊𝒗𝒂𝒕𝒊𝒗𝒆 = − ]
𝟒√𝟕𝟒 𝟐𝟗𝟔
64) Consider the function 𝑓(𝑥, 𝑦) = 𝑥𝑒 2𝑦−𝑥 . In what direction should one move from the
point (2, 1) to increase the value of the function most rapidly? What is the maximum
̂ +𝟒𝒆𝒋̂
−𝒆
rate of increase? ̂=
(Eco(H) 2017) {𝑫 }
√𝒆𝟐+𝟏𝟔𝒆𝟐
𝑰𝒏 𝒕𝒉𝒆 𝒅𝒊𝒓𝒆𝒄𝒕𝒊𝒐𝒏 𝒇𝒓𝒐𝒎 𝑷 𝒕𝒐 𝑸, 𝒕𝒉𝒆 𝒇𝒖𝒏𝒄𝒕𝒊𝒐𝒏 𝒉𝒂𝒗𝒆 𝒕𝒉𝒆 𝒎𝒂𝒙𝒊𝒎𝒖𝒎 𝒓𝒂𝒕𝒆 𝒐𝒇 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆
{ }
𝒂𝒏𝒅 𝒕𝒉𝒆 𝒎𝒂𝒙𝒊𝒎𝒖𝒎 𝒓𝒂𝒕𝒆 𝒐𝒇 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝒊𝒔 − 𝟑/𝟒.
66) For the function (x, y) = 𝑥 2 𝑦 3 − 4𝑦, find the gradient at the point (2, -1). Also, find the
2 5
directional derivative in the direction of the unit vector v = ( , ). (Eco(H) 2015)
√29 √29
𝟑𝟐
{ }
√𝟐𝟗
67) Compute the directional derivative of f(x, y) = 𝑥 2 𝑦 + 𝑥 3 𝑦 at the point (4, -2) in the
1 3
direction ( , ). (Eco(H) 2010) (128/√𝟏𝟎)
√10 √10
Page 11
Rahul Sir
𝑥2 𝑦2
69) Find a unit vector in the direction in which f(x, y) = +
2 2
a) Increases most rapidly at P(1, 1). Also, find the rate of change of f(x, y) at P in that
direction.
b) Decreases most rapidly at P(1, 1). Also, find the rate of change of f(x, y) at P in that
direction.
71) Let f(x, y) = x-y and g(x, y) = xy. Evaluate each of the following:
a) ∇(2𝑓)
b) ∇(f + g)
c) ∇(f − g)
d) ∇(fg)
e) ∇(f/g)
73) For the functions below, find a unit vector in the direction in which 𝑓(𝑥, 𝑦) increase
most rapidly at P :
𝟖𝒊+𝟒𝒋
(a) 𝑓(𝑥, 𝑦) = 4𝑥 2 𝑦 𝑃 = (1,1) [ ]
√𝟖𝟎
𝟏 𝟐
𝒊+ 𝒋
(b) 𝑓(𝑥, 𝑦) = 𝐼𝑛 (𝑥 2 + 𝑦 2 )1/2 𝑃 = (1,2) [ 𝟓 𝟓
]
𝟏 𝟐 𝟐 𝟐
√( ) +( )
𝟓 𝟓
Page 12
Rahul Sir
76) Examine the definiteness of the following quadratic forms subject to the given linear
constraint:
(a) 𝑥 2 − 2𝑥𝑦 + 𝑦 2 Subject to 𝑥 + 𝑦 = 0.
(b) 2𝑥 2 − 4𝑥𝑦 + 𝑦 2 Subject to 3𝑥 + 4𝑦 = 0.
(c) −𝑥 2 + 𝑥𝑦 − 𝑦 2 Subject to 5𝑥 − 2𝑦 = 0.
(d) q(u, v) = 2𝑢 2 − 4𝑢𝑣 + 𝑣 2 Subject to 3u + 4v = 0.
𝒂) 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
𝒃) 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
( )
𝒄) 𝒏𝒆𝒈𝒂𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
𝒅) 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
77) Express the quadratic forms below as a matrix product involving a symmetric
coefficient matrix. How is this matrix related to the Hessian of the quadratic form? Use
the coefficient matrix to determine the definiteness of the quadratic forms:
(a) 𝑓(𝑥1 , 𝑥2 ) = 𝑥12 − 6𝑥1 𝑥2 + 9𝑥22 [Positive semi definite]
2 2
(b) 𝑔(𝑥1 , 𝑥2 ) = 3𝑥1 − 4𝑥1 𝑥2 + 7𝑥2 [Positive definite]
(Eco(H) 2012)
Page 13
Rahul Sir
Tangent Planes
79) Find the tangent planes to the following surfaces at the indicated points:
(a) 𝑧 = 𝑥 2 + 𝑦 2 𝑎𝑡 (1, 2,5)
𝒂) 𝒛 = 𝟐𝒙 + 𝟒𝒚 − 𝟓
(b) 𝑧 = (𝑦 − 𝑥 2 )(𝑦 − 2𝑥 2 ) 𝑎𝑡 (1,3,2) [ ]
𝒃) − 𝟏𝟎𝒙 + 𝟑𝒚 + 𝟑
80) Prove that all tangent planes to 𝑧 = 𝑥 𝑓(𝑦/𝑥) pass through the origin.
81) Find the equation of the tangent plane to the surface𝑧 = 𝑥 2 + 3𝑥𝑦 + 𝑦 2 when 𝑥 =
1 𝑎𝑛𝑑 𝑦 = 2. [𝒛 = 𝟖𝒙 + 𝟕𝒚 − 𝟏𝟏]
82) Find the equation of the tangent plane at the point (𝑥1 , 𝑦1 , 𝑧1 ) on the surface
𝑧 = √𝑥𝑦. [𝒙𝒚𝟏 + 𝒚𝒙𝟏 − 𝟐𝒛𝒛𝟏 ]
83) Find the equation of the tangent plane and the normal line to the surface,
𝑓(𝑥, 𝑦) = 𝑥 2 + 𝑦 4 + 𝑒 𝑥𝑦 at the point (1, 0, 2). (Eco(H) 2017)
{(𝑻𝒂𝒏𝒈𝒆𝒏𝒕 𝒑𝒍𝒂𝒏𝒆 = 𝟑𝒙 + 𝒚 − 𝒛 = 𝟏); 𝑵𝒐𝒓𝒎𝒂𝒍 𝒍𝒊𝒏𝒆(𝒙 = 𝟏 + 𝟑𝒕, 𝒚 = 𝒕)}
84) Find the equation for the plane that is tangent to the given surface
𝑧 = ln(𝑥 2 + 𝑦 2 ) at the point (1, 0, 0) (Eco(H) 2016) {𝒛 = 𝒙 − 𝟏}
85) Find the equation for the tangent plane at (𝑥0 , 𝑦0 , 𝑧0 ) = (1,1,5) to the graph of
𝑓(𝑥, 𝑦) = 𝑥 2 + 2𝑥𝑦 + 2𝑦 2 [ Z = 4x + 6y - 5]
86) Show that the equation of the tangent plane of the point (𝑥1 , 𝑦1 , 𝑧1 ) on the surface 𝑧 =
√𝑥𝑦 is given by 𝑦1 𝑥 + 𝑥1 𝑦 − 2𝑧1 𝑧 = 0. (Eco(H) 2018)
𝑥
87) Find the equation for the tangent plane to the surface 𝑓 (𝑥, 𝑦) = at the point
𝑥+𝑦
(𝑥0 , 𝑦0 )=(1, 1). Find a unit normal vector to the surface at the point. (Eco(H) 2013)
𝟏
{𝒙 = 𝟏 + 𝒕, 𝒚 = 𝟏 − 𝒕, 𝒛 = − 𝟒𝒕}
𝟐
88) Find the equation of the plane through (1, 1, -1) and perpendicular to the line
(𝑥1 , 𝑥2 , 𝑥3 ) = (4 − 3𝑡, 2 + 𝑡, 6 + 5𝑡) (Eco(H) 2015)
{𝟑𝑥1 − 𝑥2 − 5𝑥3 = −1}
Page 14
Rahul Sir
89) Let 𝑓(𝑥, 𝑦) = 𝑥 3 𝑦 + 𝑦 3 𝑥 − 2𝑥𝑦. Let the point P(2, -1). (Eco(H) 2013)
𝑦
90) For the surface defined by the differentiable function z = F(x, ), show that the
𝑥
𝑦1 𝑦
tangent plane at (x1, y 1) intersects the z axis at z = F(x1, 𝑥 ) – F’x(x1, 𝑥1)𝑥1
1 1
(Eco(H) 2019)
Linear Approximation
91) Find the linear approximation about (0,0) for the following:
(a) 𝑓(𝑥, 𝑦) = √1 + 𝑥 + 𝑦 (b) 𝑓(𝑥, 𝑦) = 𝑒 𝑥 1𝑛 (1 + 𝑦)
(c) 𝑓(𝑥, 𝑦) = 𝐴(𝑥 + 1) 𝑎 (𝑦 + 1) 𝑏
𝒙 𝒚
𝒂) 𝒇(𝒙, 𝒚 ≈ 𝟏 + + )
𝟐 𝟐
[ 𝒃) 𝒇(𝒙, 𝒚) ≈ 𝒚 ]
𝒄)𝒇(𝒙, 𝒚) ≈ 𝑨(𝟏 + 𝒂𝒙 + 𝒃𝒚)
𝑥−𝑦
94) Find the linear approximation to the function 𝑧 = , when each of x and y is
𝑥+𝑦
𝒙−𝒚
approximately equal to 1. [𝒛 = ]
𝟐
95) Find an approximate value for 𝑇 = [(2.01)2 + (2.99)2 + (6.02) 2 ]1/2 by using the
approximation ∆𝑇 ≈ 𝑑𝑇. [7.016]
Page 15
Rahul Sir
5𝑡 2+3𝑥𝑦
96) Calculate the rate of change in 𝑧 at 𝑡 = 0 if 𝑧 = , 𝑥 = 𝑡 2 + 1, 𝑦 = √𝑡 2 + 1,
2𝑤 2𝑦
𝑤 = 𝑒 𝑡 + 1 (Eco(H) 2018)
97) Let 𝑓(𝑎, 𝑣) be the length of a cube whose surface area is a and whose volume is v. Find
the linear approximation of the function at (6, 1). (Eco(H) 2013)
{𝟏 + 𝒇′𝒂 (𝒂 − 𝟔) + 𝒇′𝒗(𝒗 − 𝟏)}
1
98) Suppose that 𝑓(𝑢, 𝑣) = [(1 + 𝑢 )(1 + 𝑣)𝑎 ]1−𝛽 − 1. Show that if a and b are close to
1 𝛼
zero, then 𝑓 ∗ (𝜇, 𝑣 ) = 𝑈+ 𝑉. (Eco(H) 2010)
1−𝛽 1−𝛽
99) Suppose that 𝑔∗ (𝜇, 𝜀 ) = [(1 + 𝜇 )(1 + 𝜀 )𝛼 ]1/(1−𝛽) − 1(𝛼 𝑎𝑛𝑑 𝛽 𝑎𝑟𝑒 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡𝑠)
𝟏 𝜶
Show that if 𝜇 and 𝜀 are close to 0, then [ 𝒈∗ (𝝁, 𝜺) ≈ 𝝁+ 𝜺.]
𝟏−𝜷 𝟏−𝜷
Homogeneous Functions
100) Examine which of the following function are homogeneous, and find, if possible, the
degree of homogeneity:
(i) 𝑓(𝑥, 𝑦) = 3𝑥 + 4𝑦 (ii) 𝑓(𝑥, 𝑦) = 3𝑥 + 4𝑦 − 2
(iii)𝑓(𝑥, 𝑦) = 𝑥 4 + 𝑥 2 𝑦 2 (iv) 𝑥 (𝑝, 𝑟 ) = 𝐴𝑝−1.5 𝑟 2.08
(v) 𝑓(𝑥, 𝑦) = 𝑥 3 + 𝑥𝑦 2 (vi) ℎ(𝑥, 𝑦, 𝑧 ) =
√𝑥+√𝑦+√𝑧
𝑥+𝑦+𝑧
𝑥 2+𝑦 2 (viii) ℎ(𝑥, 𝑦) = 1𝑛 𝑥 + 1𝑛 𝑦
(vii) 𝑔(𝑥, 𝑦) = √𝑥𝑦1𝑛
𝑥𝑦
𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟏
𝒊𝒊) 𝒏𝒐𝒕 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔
𝒊𝒊𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟒
𝒊𝒗) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟎. 𝟓𝟖
𝒗) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟑
𝟏
𝒗𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 −
𝟐
𝒗𝒊𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟏
[ 𝒗𝒊𝒊𝒊) 𝒏𝒐𝒕 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 ]
Page 16
Rahul Sir
104) (a) If 𝑔(𝑥, 𝑦) is homogeneous of degree1, show that 𝑓(𝑥, 𝑦) = 𝑎 1𝑛 [𝑔(𝑥, 𝑦)/𝑥 )] is
homogeneous of degree 0.
(b) With appropriate requirements on the function f, prove that 𝑧 = 𝑥𝑓(𝑥/
𝑦) implies 𝑥𝑧𝑥 + 𝑦𝑧𝑦 = 𝑧.
105) Show that 𝑓 (𝑥, 𝑦) = 𝑥𝑦 2 + 𝑥 2y is homogeneous of degree 3. Verify that the four
properties to hold.
106) See whether the function 𝑓(𝑥, 𝑦) = 𝑥𝑦/(𝑥 2 + 𝑦 2 ) is homogeneous, and check Euler’s
theorem if it is. [Homogenous of degree 0]
107) 𝐹 (𝑥, 𝑦) = 𝑎 1𝑛 𝑥 + 𝑏 1𝑛 𝑦 = 1𝑛 (𝑥 𝑎 𝑦 𝑏 ); for all 𝑥 > 0 and 𝑦 > 0, where; a and b are
any positive parameters. Then show that F is homothetic but not homogenous
function
Page 17
Rahul Sir
2𝑦 𝑦 2
112) Draw a sketch of the level curve(s) to the function f(x, y)= + ( ) at the height 3 cm
𝑥 𝑥
or m. Is the function homothetic? (Eco(H) 2019)
113) If z is a function of x and y homogeneous of degree zero, show that z can be written as
𝑦 𝜕𝑧 𝑥 𝜕𝑧
a function of only and that =− .
𝑥 𝜕𝑦 𝑦 𝜕𝑥
116) If y = f (𝑥1 , 𝑥2 , 𝑥3 )is a linearly homogenous function, show that it can be written as 𝑦 =
𝑥 𝑥 𝜕𝑦 𝜕𝑦 𝜕𝑦
𝑥1 ∅ ( 2 , 3). Find , 𝑎𝑛𝑑 and verify Euler’s theorem.
𝑥1 𝑥1 𝜕𝑥1 𝜕𝑥2 𝜕𝑥3
Page 18
Rahul Sir
𝑦 𝜕𝑧 𝜕𝑧
119) (a) 𝑧 = 𝑥𝑦𝑓 ( ), show that 𝑥 +𝑦 = 2𝑧.
𝑥 𝜕𝑥 𝜕𝑦
𝑦 𝜕𝑢 𝜕𝑢
(b) If 𝑢 = 𝑓 ( ), show that 𝑥 +𝑦 = 0.
𝑥 𝜕𝑥 𝜕𝑦
𝑥 4 +𝑦 4 𝜕𝑢 𝜕𝑢
(c) If 𝑢 = 𝑙𝑜𝑔 , show that 𝑥 +𝑦 = 3.
𝑥−𝑦 𝜕𝑥 𝜕𝑦
𝜕𝑢 𝜕𝑢 𝜕𝑢
120) If 𝑢 = (𝑥 2 + 𝑦 2 + 𝑧 2 )−1/2, show that 𝑥 +𝑦 +𝑧 = −𝑢.
𝜕𝑥 𝜕𝑦 𝜕𝑧
𝑥𝑦 𝜕 2𝑢 𝜕 2𝑢 𝜕 2𝑢
121) (a) If 𝑢 = , show that 𝑥 2 + 2𝑥𝑦 + 𝑦2 =0
𝑥+𝑦 𝜕𝑥 2 𝜕𝑥𝜕𝑦 𝜕𝑦 2
𝑥𝑦 𝜕 2𝑢 𝜕 2𝑢 1 𝜕𝑢
(b) If , show that 𝑥 +𝑦 = .
√𝑥+√𝑦 𝜕𝑥 2 𝜕𝑥𝜕𝑦 2 𝜕𝑥
𝑦 𝑦 𝜕 2𝑢 𝜕 2𝑢 𝜕 2𝑢
122) If 𝑢 = 𝑥 ∅ ( ) = 𝜓 ( ), prove that 𝑥 2 + 2𝑥𝑦 + 𝑦2 =0
𝑥 𝑥 𝜕𝑥 2 𝜕𝑥𝜕𝑦 𝜕𝑦 2
124) If 𝑢 = 𝑧𝑒 𝑎𝑥+𝑏𝑦 where z is a homogenous function in x and y with degree n, then prove
𝜕𝑢 𝜕𝑢
that 𝑥 +𝑦 = (𝑎𝑥 + 𝑏𝑦 + 𝑛)𝑢 (Eco(H) 2015)
𝜕𝑥 𝜕𝑦
126) Output z is a linear homogenous function f(x, y) of input quantities x and y. Show that
𝑧 𝑧 𝑥
average product of each input 𝑎𝑛𝑑 can be expressed as function only of the ratio
𝑥 𝑦 𝑦
in which the inputs are used. Show further that if the average product of an input
increases as the quantity of that input is increased while keeping the quantity used of
the other input fixed, then the marginal product of other input must be negative.
(Eco(H) 2014)
Page 19
Rahul Sir
127) Let 𝑓 be a function of x and y defined for 𝑥 > 0, 𝑦 > 0. Show that if function is
homogenous of degree 1, then slopes of the level curves are equal along any ray y =
cx. Show that the function G of x and y defined by 𝐺 (𝑥, 𝑦) = 𝜙[𝑓(𝑥, 𝑦)] possesses the
same property if 𝜙 is strictly increasing function of one variable. (Eco(H) 2013)
𝜕 2𝑢 𝜕 2𝑢 𝜕 2𝑢 2
2
× 2
−( ) = 0. (Eco(H) 2012)
𝜕𝑥 𝜕𝑦 𝜕𝑥𝜕𝑦
System of Equation
Page 20
Rahul Sir
𝒂) 𝒅𝒖 = 𝑫−𝟏 (−𝟑𝒖𝟒 − 𝟏)𝒅𝒙 + 𝑫−𝟏𝟔𝒚𝒖 𝒅𝒚; 𝒅𝒗 = 𝑫−𝟏(𝟑𝒙𝒖𝟐 + 𝟑𝒖𝟑 𝒗)𝒅𝒙 + 𝑫−𝟏 (−𝟔𝒚𝒗)𝒅𝒚
[ 𝝏𝒖 𝝏𝒗 ]
𝒃) = 𝑫−𝟏 (−𝟑𝒖𝟒 − 𝟏); = 𝑫−𝟏(𝟑𝒙𝒖𝟐 + 𝟑𝒖𝟑 𝒗); 𝑫 = 𝟗𝒙𝒖𝟑 − 𝟑𝒗
𝝏𝒙 𝝏𝒙
133) Suppose that 𝑦1 𝑎𝑛𝑑 𝑦2 are implicitly defined as differentiable functions of 𝑥1 𝑎𝑛𝑑 𝑥2
by
𝑓1 (𝑥1 , 𝑥2 , 𝑦1 , 𝑦2 ) = 3𝑥1 + 𝑥22 − 𝑦1 − 3𝑦23 = 0
𝑓2 (𝑥1 , 𝑥2 , 𝑦1 , 𝑦2 ) = 𝑥13 − 2𝑥2 + 2𝑦13 − 𝑦2 = 0
𝜕𝑦1 𝜕𝑦2 𝝏𝒚𝟏 𝝏𝒚𝟐
Compute 𝑎𝑛𝑑 . [ = 𝑱−𝟏 (𝟑 − 𝟐𝟕𝒙𝟐𝟏 𝒚𝟐𝟐); = 𝑱 −𝟏(𝟑𝒙𝟐𝟏 + 𝟏𝟖𝒚𝟐𝟏 )]
𝜕𝑥1 𝜕𝑥1 𝝏𝒙𝟏 𝝏𝒙𝟏
134) The function f(x, y, z, u, v):𝑅 3 → 𝑅 2 is defined by the system of two equations:
u3yz + 2xv – u2v2 – 2 = 0 and xy2 +xzu + yv2 – 3 = 0, has a solution at (x, y, z, u, v) =
(1, 1, 1, 1, 1). Find the values of endogenous variables u and v when x = 1.02, y = 0.99
and z = 1. (Eco(H) 2019)
Total Differentials
135) Find the total differentials for each if the following functions:
(a) 𝑧 = 𝑥 3 𝑦 2 − 𝑥 2 𝑦 3 𝑥 2 +𝑦 2
(b) 𝑧 =
𝑥 2 −𝑦 2
2 2 𝑥−𝑦
(c) 𝑧 = log(𝑥 + 𝑦 ) (d) 𝑧 = 𝑒
𝑥
(e) 𝑧 = 4𝑥 3 − 2𝑥 2 𝑦 + 𝑦 3 (f) 𝑧 =
𝑥+𝑦
(g) 𝑧 = 𝑧 = 𝑥3 + 𝑦3
(h) 𝑧 = 𝑥𝑒 𝑦2
(i) 𝑧 = 1𝑛(𝑥 2 −𝑦 2 )
𝒂) 𝒅𝒛 = (𝟑𝒙𝟐𝒚𝟐 − 𝟐𝒙𝒚𝟑 )𝒅𝒙 + (𝟐𝒙𝟑 𝒚 − 𝟑𝒙𝟐 𝒚𝟐)𝒅𝒚
𝟏
𝒃) 𝒅𝒛 = 𝟐 (−𝟒𝒙𝒚𝟐 𝒅𝒙 + 𝟒𝒙𝟐 𝒚𝒅𝒚)
(𝒙𝟐−𝒚𝟐 )
𝟐
𝒄) 𝒅𝒛 = (𝒙𝒅𝒙 + 𝒚𝒅𝒚)
(𝒙𝟐+𝒚𝟐 )
𝒅) 𝒅𝒛 = 𝒆𝒙−𝒚𝒅𝒙
− 𝒆𝒙−𝒚𝒅𝒚
𝒆) 𝒅𝒛 = (𝟏𝟐𝒙𝟐 − 𝟒𝒙𝒚)𝒅𝒙 + (𝟑𝒚𝟐 − 𝟐𝒙𝟐)𝒅𝒚
𝟏
𝒇) 𝒅𝒛 = (𝒙+𝒚)𝟐 (𝒚𝒅𝒙 − 𝒙𝒅𝒚)
𝒈) 𝒅𝒛 = 𝟑𝒙𝟐𝒅𝒙 + 𝟑𝒚𝟐𝒅𝒚
𝟐
𝒉) 𝒅𝒛 = 𝒆𝒚 (𝒅𝒙 + 𝟐𝒙𝒚𝒅𝒚)
𝟐(𝒙𝒅𝒙−𝒚𝒅𝒚)
[ 𝒊) 𝒅𝒛 = ]
𝒙𝟐−𝒚𝟐
Page 21
Rahul Sir
𝟏
𝒂) 𝒅𝒛 = (𝟒𝒙𝒅𝒙 − 𝟐𝒚𝒅𝒚)
(𝟐𝒙𝟐 − 𝒚𝟐 )
𝟏
𝒃) 𝒅𝒛 = [(𝒙𝟐 − 𝟐𝒙𝒚 − 𝒚𝟐 )𝒅𝒙 + (𝒙𝟐 + 𝟐𝒙𝒚 − 𝒚𝟐 )𝒅𝒚]
(𝒙 − 𝒚) 𝟐
𝒄) (𝟒𝒙 − 𝟑𝒚)𝒅𝒙 − (𝟐𝒚 − 𝟑𝒙)𝒅𝒚
𝟐 −𝒚𝟐
[ 𝒅𝒛 = 𝒆𝒙 (𝟐𝒙𝒅𝒙 − 𝟐𝒚𝒅𝒚) ]
138) Find the second order total differential of the following functions:
(a) z = 𝑥 3 + 3𝑥 2 + 5𝑥𝑦 + 𝑦 2 + 2𝑦 3 (b) 𝑧 = √𝑥 2 −𝑦 2
(c) 𝑧 = 5𝑦 log(𝑥 + 𝑦) (d) 𝑧 = 𝑒 𝑥+𝑦
(e) 𝑧 = 7𝑦 log(1 + 𝑥 )
𝒂) 𝒅𝟐 𝒛 = (𝟔𝒙 + 𝟔)𝒅𝒙𝟐 + 𝟏𝟎𝒅𝒙𝒅𝒚 + (𝟐 + 𝟏𝟐𝒚)𝒅𝒚𝟐
𝟏
𝒃) 𝒅𝟐 𝒛 = 𝟐 𝟐 𝟐
𝟑 (𝒚 𝒅𝒙 − 𝟐𝒙𝒚𝒅𝒙𝒅𝒚 + 𝒙 𝒅𝒚 )
𝟐
(𝒙𝟐 − 𝒚𝟐 )𝟐
𝟏
𝒄) 𝒅𝟐 𝒛 = (−𝟓𝒚𝒅𝒙𝟐 + 𝟏𝟎𝒙𝒅𝒙𝒅𝒚 + (𝟏𝟎𝒙 + 𝟓𝒚)𝒅𝒚𝟐
(𝒙 + 𝒚)𝟐
𝒅)𝒅𝟐𝒛 = 𝒆𝒙+𝒚 (𝒅𝒙𝟐 + 𝟐𝒅𝒙𝒅𝒚 + 𝒅𝒚𝟐 )
−𝟕𝒚 𝟏𝟒
𝒆)𝒅𝟐 𝒛 = 𝒅𝒙 𝟐+
𝒅𝒙𝒅𝒚
[ (𝟏 + 𝒙)𝟐 (𝟏 + 𝒙) ]
139) Output Q(t) is related to capital stock k(t) and labor supply L(t) as follows:
𝑄(𝑡) = 𝐴𝑒 𝛼𝑡 [𝐾(𝑡)]𝛽 [𝐿(𝑡)]1−𝛽
For constant A, 𝛼, 𝛽 (A, 𝛼 > 0)( 0 < 𝛽 < 1)
Find the expression for the rate of growth of output in terms of the constants and the rate
of growth of capital stock and labor supply. (Eco(H) 2011)
𝒅
{ 𝐥𝐨𝐠 𝐐(𝒕) = 𝜶 + 𝜷𝒓𝒌 + (𝟏 − 𝜷)𝒓𝑳 }
𝒅𝒕
Page 22
Rahul Sir
140) The demand for good both depends upon the price p of the good and the tax rate t:
𝐷 = 𝑓(𝑝, ℎ(𝑡)), Where h is a given function. The supply of the good depends on the
price: S = g(p). For any given value of t, an equilibrium price is a solution of the
equation 𝑓(𝑝, ℎ(𝑡)) = 𝑔(𝑝). Assume that this equation defines p as a differentiable
𝑑𝑝
function of t. Find in terms of derivatives of f, g and h. (Eco(H) 2011)
𝑑𝑡
𝒅𝒑 𝒇′ (𝒕). 𝒉′ (𝒕)
{ = }
𝒅𝒕 𝒈′ (𝒑) − 𝒇′ (𝒑)
141) Let 𝑧 = 𝑥 2 + 3𝑥𝑦 − 𝑦 2 . Suppose x changes from 2 to 2.01 and y changes from 3 to
2.98. Find and compare the values of ∆𝑧 𝑎𝑛𝑑 𝑑𝑧. (Eco(H) 2017)
{𝒅𝒛 = 𝟎. 𝟏𝟑; ∆𝒛 = 𝟎. 𝟏𝟐𝟗𝟏}
142) Find 𝑑𝑈 expressed in terms of 𝑑𝑥 and dy when 𝑈 = 𝑈(𝑥, 𝑦) satisfies the equation
√𝒚 𝒙
𝑈𝑒 𝑢 = 𝑥 √𝑦 [𝒅𝑼 = 𝒅𝒙 + 𝒅𝒚]
𝒆𝒖 +𝑼𝒆𝒖 𝟐√𝒚(𝒆𝒖 +𝑼𝒆𝒖 )
Elasticity
143) Find the elasticity of 𝑧 = 𝑥𝑦𝑒 𝑥+𝑦 w.r.t. x (with x and y both positive) [1+x]
2
144) Find the elasticity of y w.r.t x when 𝑥 𝑎 𝑦 𝑏 = 𝐴𝑒 𝑥/𝑦 . (Eco(2010))
𝒂𝒙𝒂 𝒚𝒃 − 𝒙𝒂+𝟏. 𝒚𝒃−𝟐
{ }
𝒃𝒙𝒂 𝒚𝒃 + 𝟐𝒙𝒂+𝟏 . 𝒚𝒃−𝟐
145) Find the partial elasticity of z with respect to x and y in the following cases:
(a) 𝑧 = 𝑥𝑦 (b) 𝑧 = 𝑥 2 𝑦 5
(c) 𝑧 = 𝑥 𝑛 𝑒 𝑥 𝑦 𝑛 𝑒 𝑦 (d) 𝑧 = 𝑥 + 𝑦
𝒂)𝑬𝒍𝒙 𝒛 = 𝟏, 𝑬𝒍𝒙 𝒚 = 𝟏
𝒃) 𝑬𝒍𝒙 𝒛 = 𝟐, 𝑬𝒍𝒙 𝒚 = 𝟓
𝒄) 𝑬𝒍𝒙 𝒛 = 𝒏 + 𝒙, 𝑬𝒍𝒙 𝒚 = 𝒏 + 𝒚
𝒙 𝒚
[ 𝒅) 𝑬𝒍𝒙 𝒛 = 𝒙+𝒚
, 𝑬𝒍𝒙 𝒚 = ]
𝒙+𝒚
Page 23
Rahul Sir
𝑔
147) Let 𝑧 = (𝑎1 𝑥1𝑑 + 𝑎2 𝑥2𝑑 + 𝑎3 𝑥3𝑑 ) , where 𝑎1 , 𝑎2 , 𝑎3 , 𝑑, and g are constants. Compute
𝐸𝐼1 𝑧 + 𝐸𝐼2 𝑧 + 𝐸𝐼3 𝑧. [𝑬𝒍𝒊 𝒛 = 𝒑 + 𝒂𝒊 𝒙𝒊 ; 𝒇𝒐𝒓 𝒊 = 𝟏, … 𝒏. ]
𝒙+𝒚
148) If 𝑦/𝑥 = 1𝑛(𝑥𝑦), find the elasticity of y with respect to x. [𝑬𝒍𝒙 𝒚 = ]
𝒚−𝒙
149) In a factory, the daily output 𝑄 = 60𝐾 1/2 𝐿1/3 units, where k denotes the capital
investment (in units of Rs. 1000) and L is the size of the labor force (in working
hours). The current capital investment is Rs. 900,000 and 1000 worker hours of labor
are used each day. Using differential, estimate the change in output that will result
when capital investment is increased by 3%. {𝒅𝑸 = 𝟒𝟓𝟎𝟎𝟎𝟎𝟎} (Eco(H) 2016)
150) The demand for good 1 and good 2 are given by:
𝑞1 = 𝑝1 −1.7 𝑝2 0.8 𝑎𝑛𝑑 𝑞2 = 𝑝1 0.5 𝑝2 −0.2
Where 𝜌, 𝛼, 𝛽 𝑎𝑛𝑑 𝛾 are constant. Compute the sum of partial elasticity of Q with respect to
K, L and N. (Eco(H) 2012) {𝟑𝝆 + 𝜶𝑲 + 𝜷𝑳 + 𝜸𝑵}
Page 24
Rahul Sir
155) Let f be function which 𝑓(𝑥 ) > 0, 𝑓′(𝑥 ) > 0, 𝑎𝑛𝑑 𝑓′′(𝑥) < 0 for all 𝑥 > 0.
𝑑𝑥
(a) The equation [𝑓(𝑥 )/ 𝑓′(𝑥 )]-x = t defines x implicitly as a function of t. find and
𝑑𝑡
show that it is > 0.
(b) Show that the elasticity 𝐸𝑙𝑡 𝑓′(𝑥 ) = −𝑡/(𝑡 + 𝑥)
Leibniz Formula:
1 2
156) Find F’(𝛼) when F(𝛼) = ∫0 𝑥𝑒 𝛼𝑥 𝑑𝑥(𝛼 ≠ 0) by using the Leibniz formula. Check the
answer by finding an explicit expression for F(𝛼) and then differentiating.
158) In a growth model studied by N. Kaldor and J.A. Mirrlees, a function N is defined by
𝑡
𝑁 (𝑡 ) = ∫ 𝑛(𝜏)𝑒 −𝛿(𝑡−𝑇(𝑡)) 𝑑𝜏
𝑡−𝑇(𝑡)
Where T = T(t) is a given differentiable positive function. Compute 𝑁̇(𝑡).
2𝑡 𝜏 2𝑡
160) Define 𝑧 (𝑡 ) = ∫𝑡 𝑥 (𝜏) exp[− ∫𝑡 𝑟(𝑠)𝑑𝑠] 𝑑𝜏, 𝑝(𝑡 ) = exp[− ∫𝑡 𝑟(𝑠)𝑑𝑠]
where the functions 𝑥 (𝜏) 𝑎𝑛𝑑 𝑟(𝑠) are both differentiable. Prove that
Page 25
Rahul Sir
CHAPTER = 2
Economic Applications of Partial Derivatives
1) The demand functions of two commodities 𝑋1 and 𝑋2 are 𝑥1 = 𝑝1−0.4 𝑒 0.2𝑝2 and 𝑥2 =
𝑝2−0.6 𝑒 0.5𝑝1 Respectively, where 𝑥1 and 𝑥2 are quantities demanded of 𝑋1 , and 𝑋2
respectively and 𝑝1 and 𝑝2 are respective prices. Find the four partial elasticities of
demand and determine whether the commodities are competitive or complimentary.
𝝏𝒙𝟏 𝝏𝒙𝟐 𝝏𝒙𝟏 𝝏𝒙𝟏
[ = −𝟎. 𝟒𝒑𝟏−𝟏.𝟒𝒆𝟎.𝟐𝒑𝟐 , = −𝟎. 𝟔𝒑𝟐−𝟏.𝟔𝒆𝟎.𝟓𝒑𝟏 , = 𝟎. 𝟐𝒙𝟏 , =
𝝏𝒑𝟏 𝝏𝒑𝟐 𝝏𝒑𝟏 𝝏𝒑𝟏
𝟎. 𝟓𝒙𝟐 , 𝒔𝒖𝒃𝒔𝒕𝒊𝒕𝒖𝒕𝒆𝒔]
2) For the demand functions of two commodities given below, find out whether the
commodities are substitute or complementary:
𝑥1 = 2𝑝1−0.6 𝑝20.8 and 𝑥2 = 3𝑝2−0.5 𝑝10.7
4) If the demand functions for two related commodities are given by x = ae q-p, y = bep-q,
where x & y are quantities demanded, and p & q are their respective prices. Find the
four partial elasticity of demand and determine whether the commodities are
competitive or complementary. [Ans.: 11 = - p, 22 = -q, 12 = q, 21 = p;
Competitive]
Page 26
Rahul Sir
𝟏 𝟏 𝟐𝟓 𝟗
[𝑨𝒏𝒔. : (𝒊) 𝑪𝒐𝒎𝒑𝒍𝒆𝒎𝒆𝒏𝒕𝒂𝒓𝒚, (𝒊𝒊)𝟏𝟏 = − , 𝟏𝟐 = − , 𝟐𝟏 = − , 𝟐𝟐 = − ]
𝟔𝟒 𝟒𝟎 𝟏𝟓𝟖𝟒 𝟏𝟕𝟔
6) The joint demand function of two products are 𝑥1 = 2𝑝1−0.6 , 𝑝20.8 and 𝑥2 = 3𝑝10.7 , 𝑝2−0.5 ,
where X1 and X 2 are the units demanded of the two products when their prices are Rs.
P1 and Rs. P 2 per unit respectively. Find the four price elasticity at the particular prices
P1 and P2. Also find the percentage changes in the quantity demanded when:
i) P1 increases by 2% from the existing level
ii) P2 decreases by 2% from the existing level
𝑨𝒏𝒔. : 𝟏𝟏 = −𝟎. 𝟔, 𝟏𝟐 = −𝟎. 𝟖, 𝟐𝟏 = 𝟎. 𝟕, 𝟐𝟐 = −𝟎. 𝟓,
[ (𝒊) 𝑿𝟏 𝒘𝒊𝒍𝒍 𝒅𝒆𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟐% 𝑿𝟐 𝒘𝒊𝒍𝒍 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟒%,]
(𝒊𝒊) 𝑿𝟏 𝒘𝒊𝒍𝒍 𝒅𝒆𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟔% 𝑿𝟐 𝒘𝒊𝒍𝒍 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟎%
7) For the demand functions of two commodities given below, find the four partial
elasticity of demand with respect to price and indicate whether the commodities are
competitive or complementary: 𝑥1 = 2𝑝1−0.6 𝑝20.8 , 𝑥2 = 3𝑝10.7 𝑝2−0.5
Where x1 and x 2 are the quantities demanded of the two commodities at prices p 1 and p2
respectively. [Ans.: 11 = - 0.6, 12 = 0.8, 21 = 0.7 and 22 = -0.5; Competitive]
𝑝𝑥2 𝑝𝑦 𝑌
𝐷 (𝑥 ) = 300 − + + ,
2 50 20
Where px is the price of the commodity x, py is the price of a related commodity y and Y is
the income of consumer. Find the cross elasticity and income elasticity of demand for x
when px = 10, py = 15 and Y = 300. [Ans.: 3/2653 &
150/2653]
9) The demand function for mutton is Q M = 4850 – 5PM + 1.5P C + 0.1Y. Find
i) the income elasticity of demand, and
ii) the cross price elasticity of demand for mutton
At Y (income) = Rs. 1000, PM (price of mutton) = Rs. 200, Pc (price of chicken) = Rs. 100.
10) If the supply function x = f(p1, p2, …….., pm) is homogenous of degree n, show that the
sum of the partial price elasticity of supply equals n. (x denotes the quantity supplied
of a particular commodity and p 1, p2,…., pm are the prices of different commodities).
Page 27
Rahul Sir
11) Calculate the first order total differential of the function z = f(x, y) = 7y log(1 + x)
𝟕𝒚
[𝑨𝒏𝒔. : 𝒅𝒛 = 𝒅𝒙 + 𝟕 𝐥𝐨𝐠(𝟏 + 𝒙) 𝒅𝒚]
𝟏+𝒙
13) The output at a certain plant is Q = f(x, y) = 0.08x 2 + 0.12xy + 0.03y 2 units per day,
where x is the number of hours of skilled labor and y is the number of hours of
unskilled labor used. Currently 80 hours of skilled labor and 200 hours of unskilled
labor are being used each day. Use total differential of Q to estimate the change in the
output that will result when skilled and unskilled labor are increased by 5%. Hence,
find the percentage by which the daily output will increase. What is the nature of
returns to scale? [Ans.: 10%; Increasing]
14) The output at a certain plant is Q = f(x, y) = 0.08x2 + 0.12xy + 0.03y 2 units per day,
where x is the number of hours of skilled labor and y is the number of hours of
unskilled labor used. Currently 80 hours of skilled labor and 200 hours of unskilled
labor are being used each day. Use total differential of Q to estimate the change in the
output that will result if an additional hour of skilled labor is used along with an
additional 2 hours of unskilled labor. [Ans.: 80 units]
15) At a certain factory, daily output is q = 60L 1/3 K1/2 units, where L indicates the size of
labor force and K denotes capital investment. Use the concept of total differential to
estimate the percentage by which daily output changes if capital investment and labor
force are both increased by 3%. What is the nature of return to scale in this case?
[Ans.: 2.5%, Decreasing]
16) At a certain factory, daily output is Q = f(L, K) = 40L 3/4K 1/2, where L indicates the size
of labor force and K denotes the capital investment. Use calculus to estimate the
Page 28
Rahul Sir
percentage by which the daily output will increase when capital investment and labor
force are increased by 4%. What is the nature of returns to scale in this case?
[Ans.: Output will increase by 5%; Increasing returns to scale]
Find marginal productivities of labor (L) and capital (K). Also find degree of homogeneity
𝜕𝑄 𝜕𝑄
of the production function using the formula 𝐿 +𝐾 = 𝑛𝑄. [Ans. 8K – 2L,8L – 2K,n= 2]
𝜕𝐿, 𝜕𝐾
18) For the production function Q = f(L, K) = AK L ea(K/L), where A, , and a are positive
constants, find the marginal products of labor and capital. Also verify Euler’s theorem.
19) The production function for a commodity is:
Q = 10L – 0.1L2 + 15K – 0.2K2 + 2KL,
i) Calculate the marginal products of the two inputs when 10 units each of labor
and capital are used.
ii) 10 units of capital are used. What is the upper limit for use of labor which a
rational producer will never exceed?
[Ans.: (i) MPL = 28, MPK = 31, (ii) 150]
Page 29
Rahul Sir
21) Define a homogeneous function. Find out the degree of homogeneity of the production
function 𝑄 −𝛽 = a𝐾 −𝛼 + b𝐿−𝛽 , where Q represents output, K and L denote factors of
production labor and capital respectively. [Ans.: 1]
22) For the production function given below, show that the marginal products of the
2ℎ𝑙𝑘−𝑎𝑙2 −𝑏𝑘 2
factors depend only on the ratio of factors. 𝑥 = 𝑓(𝑙, 𝑘) =
𝑐𝑙+𝑑𝑘
Also, determine the degree of homogeneity and verify Euler’s theorem for the function.
3) Input-Output Analysis
23) A production function is given by
𝑄 = 𝐴𝐿1/3 𝐾1/3, where L is labor and K is capital
25) Suppose a firm has production function q = Ak 𝐿1−𝛼 where A > 0 and 0 < < Show
that the production function has diminishing returns to inputs.
26) A production function is given by Q = AL3/4K 3/4, where L is labor and K is capital.
i) What is the nature of returns to scale?, and
ii) What is the total reward of labor and capital if each factor is paid a price equal to
its marginal product? [Ans.: (i) Increasing, (ii) Nil]
Page 30
Rahul Sir
27) A firm’s production function is Q = f(L, K) = AL K. Under what conditions will it give
increasing returns to scale and diminishing returns to inputs, if possible?
29) Show that the production function 𝑥 = 𝑓(𝐿, 𝐾 ) = 2√𝐿𝐾 (where x, L and K are units of
output, labour and capital respectively) gives constant returns to scale and diminishing
returns to inputs.
30) Define the degree of homogeneity of a function and state Euler’s theorem. Show that
the production function 𝑞 = 𝑓(𝑙, 𝐾) = √𝑙𝐾, (where q is total output obtained by using l
and k units of labour and capital respectively) gives constant returns to scale and
diminishing returns to inputs.
31) Given a linear homogeneous production function Z = ALKPy, where L, K, P stand for
factor quantities and A is a constant, show that
i) the sum of marginal products of factors each multiplied by its respective
quantity equals the total output,
ii) the sum of production elasticity with respect to the factors is unity, and
iii) In (i) and (ii) above, consider how these results change if the given production
function in not linear homogeneous, but homogeneous of degree n?
[Ans.: (iii) nZ, n]
1) Properties of Isoquants
2) MRTS and Elasticity of Substitutions
Page 31
Rahul Sir
1) Properties of Isoquants:
32) Define isoquants and state their important properties.
33) Given the production function:
−1
Q = f(L, K) = A[αK −θ + (1 − α)L−θ ] θ (0 < α < 1, −1 < θ ≠ 0)
Where A is a positive constant and L and K are strictly positive quantities of two factors of
production. Show that the isoquants generated by this production function are always
negatively sloped and convex to the origin.
34) For the constant production function Q = f(L, K) = ALK, show that the isoquants
generated are downward sloping and convex from below using the concepts of total
differential.
dK d2 K
35) If the production function is X = 2ALK – BL2 – CK 2 , find and . Under what
dL dL2
conditions the isoquants are downward sloping and convex to the origin?
37) Find the marginal rate of technical substitution and the elasticity of substitution for the
𝐿𝐾 𝑲 𝟐 𝟏
production function 𝑄 = 𝑓 (𝐿, 𝐾) = . [𝑨𝒏𝒔. : 𝑴𝑹𝑻𝑺 = ( ) , 𝝈 = ]
𝐿+𝐾 𝒍 𝟐
38) Find the elasticity of substitution for the following production function:
1
𝑄 = 𝑓 (𝑙, 𝑘) = [𝑎𝑘 −𝑏 + (1 + 𝑎)𝑙 −𝑏 ]−𝑏
𝑓𝑙 /𝑓𝑘 𝑑(𝑘/𝑙) 𝟏
By using the formula 𝜎 = . . [𝑨𝒏𝒔. : 𝝈 = ]
𝑘/𝑙 𝑑(𝑓𝑙 /𝑓𝑘 ) 𝒃+𝟏
39) Find the marginal rate of technical substitution and elasticity of substitution for the
1
−
following production function: 𝑋 = 𝑓 (𝑙, 𝑘) = [𝑎𝑘 −𝜃 + (1 − 𝑎)𝑙 −𝜃 ] 𝜃 ,
Where x is the total output obtained by using l and k units of labor and capital respectively.
𝟏− 𝒌 𝜽+𝟏 𝟏
and are positive constants. [𝑨𝒏𝒔. : 𝑴𝑹𝑻𝑺 = ( )( ) ,𝝈 = ]
𝒍 𝜽+𝟏
Page 32
Rahul Sir
40) Show that the production function given below has constant elasticity of substitution.
1
−
𝑋 = 𝑓(𝑙, 𝑘) = [𝑎𝑘 −𝜃 + (1 − 𝑎)𝑙−𝜃 ] 𝜃 , where x is the total output obtained by using l and k
𝟏
units of labour and capital respectively and and are constants. [𝑨𝒏𝒔. : 𝝈 = ]
𝟏+𝜽
41) Show that the following production function has the constant elasticity of substitution
𝑋 = 𝑓 (𝑙, 𝑘) = 𝑎𝑘 𝜃 (1 − 𝑎) 𝑙−1/𝜃 , where x is total output obtained by using l and k units
of labour and capital respectively and a and are constants. [𝑨𝒏𝒔. : 𝝈 = 𝟏]
42) Find the elasticity of substitution for the production function
𝟏
𝑥 = 𝑓(𝑎, 𝑏) = (20 − 𝑎 −2 − 𝑏 −2 ) [𝑨𝒏𝒔. : 𝝈 = ]
𝟑
43) Find the elasticity of substitution () for the production function
𝟓
𝑄 = 75(0. 3𝑘 −0.4 + 0.7𝐿−0.4 )−5 [𝑨𝒏𝒔. : 𝝈 = ]
𝟕
44) Show that elasticity of substitution between good x and good y 𝜎𝑦𝑥 =
−𝐹1′ 𝐹2′ (𝑥𝐹1′ +𝑦𝐹2′ )
2 ′′ −2𝐹 ′ 𝐹 ′ 𝐹 ′′ +(𝐹 ′ )2 𝐹 ′′ ]
𝑥𝑦[(𝐹2′ ) 𝐹11 1 2 12 1 22
Miscellaneous Question
46) The following are the two linear homogeneous production functions where X, L and K
represent output, labor and capital respectively. Show that L times the marginal
product of labor plus K times the marginal product of capital equals total product in
each case:
(a) 𝑋 = 𝐴. 𝐿𝛼 𝐾 1−𝛼
(b) 𝑋 = 𝑎𝐿 + 𝑏𝐾
What is the sum of partial elasticity of output in each case? (unity in each case)
Page 33
Rahul Sir
48) Prove that 𝑋 = 𝑓(𝐾, 𝐿) is a linearly homogeneous production function and average
product of K is increasing, then 𝑀𝑃𝐿 must be negative.
50) The demand facing a monopolist is given by 𝑝 = 225 − 𝑥, where p denotes price and
x denotes quantity produced. If the production function of the monopolist firm is 𝑥 =
25𝐿 + 30𝐾 − 𝐿2 − 3𝐾 2 , find marginal revenue products of labour and capital when
L = 4 and K = 1. [𝑴𝑹𝑷𝑳 = 𝟓𝟏, 𝑴𝑹𝑷𝑲 = 𝟕𝟐]
Show that the same result is obtained when the production function is written as 𝑋′ =
𝑙𝑜𝑔 𝑋.
52) Let the budget equation of a consumer be 𝑥𝑝𝑥 + 𝑦𝑝𝑦 = 𝑀, where 𝑝𝑥 and 𝑝𝑦 are the
prices of x and y and M is consumer's income. Show that the weighted sum of the
income elasticity of demands of x and y is unity. What are the weights? [Proportion of
expenditure on goods ]
Page 34
Rahul Sir
𝑄
56) For the Cobb-Douglas, productions function.𝑄 = 𝐾 𝛼 𝐿1−𝛼 , (0 < 𝛼 < 1). 𝑞 = and 𝑘 =
𝐿
𝐾
.
𝐿
(a) Show that 𝑞 = 𝑓(𝑘)
(b) Show that 𝑓′(𝑘) > 0 and 𝑓’’(𝑘) < 0.
(c) Find elasticity of q with respect to k. [𝑬𝒍𝒙 = 𝜶]
If 𝑝1 increases from Rs. 3.5 to 3.7 and 𝑝2 decreases from Rs. 7 to 6.9, estimate the change in
demand using differentials. [-12]
58) The demand functions of the two goods, 𝑋1 , and 𝑋2 , are 𝑥1 = 20 − 5𝑝1 + 6𝑝22 and 𝑥2 =
15 + 5𝑝12 − 3𝑝2 , where 𝑝1 and 𝑝2 are prices per unit of 𝑥1 and 𝑥2 respectively If 𝑝1
decreases from Rs. 1 to 0.90 and 𝑝2 increases from Rs. 2.50 to 2.55, estim ate the
change in demand of the two goods by using differentials. [𝒅𝒙𝟏 = 𝟐. 𝟎, 𝒅𝒙𝟐 = −𝟏. 𝟏𝟓]
59) Two goods X and Y are produced jointly with the aid of 2 factors K and L. Technical
conditions give two production functions 𝑋 = 𝑓(𝐾, 𝐿) and 𝑌 = 𝑔(𝐾, 𝐿). Find :
𝑑𝐾 𝑑𝐿
( ) 𝑎𝑛𝑑 ( )
𝑑𝑋 𝑌 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡 𝑑𝑌 𝑋 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡
𝒅𝑲 𝒈′𝒍
( ) =
𝒅𝑿 𝒀 𝒄𝒐𝒏𝒔𝒕𝒂𝒏𝒕 𝒈𝒍 𝒇𝒌 −𝒈′𝒌 𝒇′𝒌
′ ′
Also, interpret these results. [ ]
𝒅𝑳 𝒇′𝒌
( ) =
𝒅𝒀 𝑿 𝒄𝒐𝒏𝒔𝒕𝒂𝒏𝒕 𝒈𝒍 𝒇𝒌 −𝒈′𝒌 𝒇′𝒍
′ ′
60) Output 𝑄(𝑡) is related to capital stock 𝐾(𝑡) and labour supply 𝐿(𝑡) as follows: 𝑄 (𝑡 ) =
𝐴𝑒 𝛼𝑡 [𝐾(𝑡)]𝛽 [𝐿(𝑡)]1−𝛽 For constants 𝐴, 𝛼 and𝛽. (𝐴, 𝛼 > 0), (0 < 𝛽 < 1)
(i) Find an expression for the rate of-growth of output in terms of the constants and
the rate of growth of capital stock and labour supply.
(ii) Explain how 𝛼 can be regarded as a measure of the rate of technical progress.
𝒊) 𝒓𝒚 = 𝜶 + 𝜷𝒓𝑲 + (𝟏 − 𝜷)𝒓𝑳
[ ]
𝒊𝒊) 𝑰𝒕 𝒊𝒔 𝒂 𝒎𝒆𝒂𝒔𝒖𝒓𝒆 𝒐𝒇 𝒕𝒉𝒆 𝒓𝒂𝒕𝒆 𝒐𝒇 𝒕𝒆𝒄𝒉𝒏𝒊𝒄𝒂𝒍 𝒑𝒓𝒐𝒈𝒓𝒆𝒔𝒔
61) A consumer's demand for a good A is given by 𝑄𝐴 = 4850 − 5𝑃𝐴 + 0.1𝑌 + 1.5𝑃𝐵
Where 𝑃𝐴 and 𝑃𝐵 are the prices of goods A and B and Y is the income of the consumer.
Find the partial elasticity of demand for A with respect to 𝑃𝐵 when 𝑃𝐴 = 200,
𝑃𝐵 = 100, 𝑌 = 10000. Are goods A and B complements or substitutes?
[Substitute]
Page 35
Rahul Sir
If the price of B rises by 10%, how will this affect the demand for
good A? [.3%]
Page 36
Rahul Sir
CHAPTER = 3
Convex Sets
1) Graph each of the following sets and indicate whether is it convex?
(a) {(𝑥, 𝑦): 𝑦 = 𝑒 𝑥 } (b) {(𝑥, 𝑦): 𝑦 ≥ 𝑒 𝑥 }
(c) {(𝑥, 𝑦): 𝑦 ≤ 13 − 𝑥 2 } (d) {(𝑥, 𝑦): 𝑥𝑦 ≥ 1, 𝑥 > 0, 𝑦 > 0}
(e) {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 ≤ 2}
2) Identify graphically the regions in the X – Y plane that correspond to the following sets:
𝐴1 = {(𝑥, 𝑦): 𝑥 − 𝑦 ≥ 0}
𝐴2 = {(𝑥, 𝑦) : (𝑥 − 1)2 + 𝑦 2 ≥ 0}
𝐴3 = {(𝑥, 𝑦) : 𝑥𝑦 ≤ 1}
Show the regions corresponding to the sets?
𝐴1 ∪ 𝐴2 ∪ 𝐴3 𝑎𝑛𝑑 𝐴1 ∩ 𝐴2 ∩ 𝐴3
3) Show graphically the regions in (𝑥1 , 𝑥2 ) plane represented by the following sets
𝐴 = {(𝑥1 , 𝑥2 ): 𝑥12 + 𝑥22 ≤ 4}
𝐵 = {(𝑥1 , 𝑥2 ): 𝑥12 + 𝑥22 ≥ 1}
𝐶 =𝐴∩𝐵
Which of the sets is convex. [set A]
4) Define a convex set. Sketch the following sets and check whether they represent
convex sets:
𝐴1 = {(𝑥, 𝑦): 𝑦 ≥ |𝑥 |}
1
𝐴2 = {(𝑥, 𝑦) : 𝑦 ≤ }
|𝑥 |
𝐴1 ∩ 𝐴2 , 𝐴1 ∪ 𝐴2 [yes, no, no, no]
5) Identify graphically, the regions in the X – Y plane that corresponds to that following
sets:
𝑥+3
𝐴 = {(𝑥, 𝑦): 𝑦 ≥ , 𝑥 > 0}
𝑥+1
𝐵 = {(𝑥, 𝑦): 𝑦 ≤ 𝑥 2 }
𝐶 = 𝐴 ∩ 𝐵, 𝐷 = 𝐴 ∩ 𝐵̅ , 𝐸 = 𝐴̅ ∩ 𝐵̅
Which of these sets are convex? [A & D]
Page 37
Rahul Sir
6) Show graphically the regions in (x, y) plane represented by the following sets:
|𝑥 − 1|
𝐴 = {(𝑥, 𝑦): 𝑦 ≥ , 𝑥 > 0}
𝑥
𝐵 = {(𝑥, 𝑦): 𝑦 ≤ 21 − 18𝑥 − 3𝑥 2 }
𝐶 =𝐴∩𝐵
8) Define a convex set. Indicate graphically the regions in the x – y plane represented by
the following sets:
2𝑥 + 5
𝐴 = {(𝑥, 𝑦): 𝑦 ≥ , 𝑥 > 0}
𝑥+2
𝐵 = {(𝑥, 𝑦): 𝑦 ≤ 𝑥 2 }
𝐶 = 𝐴 ∩ 𝐵, 𝐷 = 𝐴 ∩ 𝐵̅ , 𝐸 = 𝐴̅ ∩ 𝐵̅
9) Identify graphically, the regions in X – Y plane that corresponds to the following sets.
1
𝐴 = {(𝑥, 𝑦): 𝑦 ≥ }
(𝑥 − 1)2
𝐵 = {(𝑥, 𝑦): 𝑦 ≤ 10𝑥 − 𝑥 2 − 23}
1+𝑥
𝐶 = {(𝑥, 𝑦): 𝑦 ≥ }
|𝑥 |
10) Decide which of the following sets are convex by drawing each in the 𝑥𝑦 plane
(a) {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 < 2} (b) {(𝑥, 𝑦): 𝑥 ≥ 0, 𝑦 ≥ 0}
(c) {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 > 8} (d) {(𝑥, 𝑦): 𝑥 ≥ 0, 𝑦 ≥ 0, 𝑥𝑦 ≥ 1}
(e) {(𝑥, 𝑦): 𝑥𝑦 ≤ 1} (f) {(𝑥, 𝑦): √𝑥 + √𝑦 ≤ 2}
[a, b and d]
11) Sketch a graph for each of the following and indicate whether the set is convex:
(a) 𝑆 = ⌊(𝑥, 𝑦)|𝑥𝑦 ≥ 𝑎2 , 𝑥 > 0, 𝑦 > 0⌋
(b) 𝑆 = [(𝑥, 𝑦)|3𝑥 + 4𝑦 ≤ 12, 𝑥 − 𝑦 ≤ 1,3𝑥 + 𝑦 ≥ 3]
Page 38
Rahul Sir
Using the definition, verify whether the following set is convex. (Eco(H) 2017)
{𝒙𝒚 ≤ 𝟐 𝒊𝒔 𝒄𝒐𝒏𝒗𝒆𝒙}
14) Two sets A and B in R 2 are defined as A = {(x, y)| xy≥ 10} and B ={(x, y)| 2x2+ y≤ 10}
Page 39
Rahul Sir
CHAPTER = 4
Multivariable Optimization
Local Extreme Points
1) Find the critical point and test whether the function is at a relative maximum or
minimum, given
(a) 𝑓(𝑥, 𝑦) = 2𝑦 3 − 𝑥 3 + 147𝑥 − 54𝑦 + 12 [𝒙 = 𝟕, 𝒚 = 𝟑]
2 2
(b) 𝑓(𝑥, 𝑦) = −2𝑥 − 𝑦 + 4𝑥 − 4𝑦 − 3 [x = 1, y = 2]
2 2
(c) 𝑓(𝑥, 𝑦) = −2𝑥 − 2𝑥𝑦 − 2𝑦 + 36𝑥 + 42𝑦 + 158 [x = 5, y = 8]
1
(d) 𝑓(𝑥, 𝑦) = 𝑥 3 + 3𝑦 3 − 𝑥 2 − 2𝑥 − 9𝑦 (Eco(H) 2017) [x = -2/3, 1, y = ±𝟏]
2
2) Find the stationary points of 𝑓(𝑥, 𝑦). and classify them when
𝟏 𝟏 𝟐 𝟏
(a) 𝑓(𝑥, 𝑦) = −𝑥 3 + 𝑥𝑦 + 𝑦 2 + 𝑥 [( , − ) &(− , )]
𝟐 𝟒 𝟑 𝟑
2 2 𝟑
(b) 𝑓(𝑥, 𝑦) = (𝑥 − 2)𝑒 𝑥 +𝑥 𝑒 (𝑦−2) [(𝟏, 𝟐)& ( , 𝟐)]
𝟐
(c) 𝑓(𝑥, 𝑦) = 4𝑥𝑦 − − 𝑥4 𝑦4
(Eco(H) 2015) [(𝟎, 𝟎), (𝟏, 𝟏), (−𝟏, −𝟏)]
2 2
(d) 𝑓(𝑥, 𝑦) = 2𝑥 + 2𝑦 + 6𝑥 − 6𝑦 − 2𝑥𝑦 (Eco(H) 2008) [(−𝟏, −𝟏)]
3) Find all the stationary points of the following functions and classify them:
(a) 𝑓(𝑥, 𝑦) = 𝑥 3 + 𝑦 3 − 3𝑥𝑦 [𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟎, 𝟎); 𝒍𝒐𝒄𝒂𝒍 𝒎𝒊𝒏𝒊𝒎𝒖𝒎(𝟏, 𝟏)]
𝟒 𝟏
(b) 𝑓(𝑥, 𝑦) = 𝑥 2 − 𝑥𝑦 + 𝑦 2 + 3𝑥 − 2𝑦 + 1 𝒍𝒐𝒄𝒂𝒍 𝒎𝒊𝒏𝒊𝒎𝒖𝒎(− , )
𝟑 𝟑
2 3(
(c) 𝑓(𝑥, 𝑦) = 𝑥 𝑦 6 − 𝑥 − 𝑦) 𝒍𝒐𝒄𝒂𝒍 𝒎𝒂𝒙𝒊𝒎𝒖𝒎(𝟐, 𝟑)
(d) 𝑓(𝑥, 𝑦) = 𝑥 2 + 2𝑥𝑦 2 + 2𝑦 2
𝟑
[𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟎, 𝟎); 𝒍𝒐𝒄𝒂𝒍 𝒎𝒂𝒙𝒊𝒎𝒂(𝒂, 𝟎)(−𝒂, 𝟎); 𝒂 = √ ]
𝟐
(e) 𝑓(𝑥, 𝑦) = 𝑥3 − 𝑦3
+ 9𝑥𝑦
[𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟎, 𝟎); 𝑴𝒂𝒙. 𝒂𝒏𝒅 𝒎𝒊𝒏. 𝒑𝒐𝒊𝒏𝒕𝒔 𝒂𝒓𝒆 (𝟎, 𝟎)𝒂𝒏𝒅 (𝟑, −𝟑)]
(f) 𝑓(𝑥, 𝑦) = 𝑥 4 + 2𝑦 2 − 2𝑥𝑦 (Eco(H) 2013)
𝟏 𝟏 𝟏 𝟏
[𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕𝒔(𝟎, 𝟎); 𝒍𝒐𝒄𝒂𝒍 𝒎𝒊𝒏𝒊𝒎𝒂 ( , ) (— , − )]
𝟐 𝟒 𝟐 𝟒
2 (𝑦−2)2
(g) 𝑔(𝑥, 𝑦) = (2𝑥 + 4)𝑒 𝑥 −𝑥 (2𝑦 − 1)𝑒 (Eco(H) 2018)
Page 40
Rahul Sir
(b) With the values of a, band c found in part (a), find the maximum and minimum
values of f over the domain in the xy-plane determined by the inequalities 𝑥 ≥
𝟏𝟗𝟑 𝟏
0, 𝑦 ≥ 0, 𝑎𝑛𝑑 2𝑥 + 𝑦 ≤ 4. [𝒎𝒂𝒙𝒊𝒎𝒂 = , 𝒎𝒊𝒏𝒊𝒎𝒂 = − ]
𝟐𝟕 𝟗
Prove that the origin is a stationary point for each one of these functions, and that 𝐴𝐶 −
𝐵 2 = 0 at origin in each case. By studying the functions directly, prove that the origin is
respectively a maximum point for (a), a minimum point for (b), and a saddle point for (c).
Find the stationary point of 𝑓(𝑥, 𝑦). Determine the values of the constant k for which this
stationary point is
{(𝟎, 𝟎) 𝒊𝒔 𝒂 𝒍𝒐𝒄𝒂𝒍 𝒎𝒊𝒏𝒊𝒎𝒖𝒎 𝒑𝒐𝒊𝒏𝒕 𝒂𝒏𝒅 𝒂𝒍𝒔𝒐 𝒊𝒔 𝒂 𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕 𝒇𝒐𝒓 𝒌 = 𝟎, −𝟏, 𝟏 }
Extreme Points
9) Let 𝑧 = 3𝑥 4 − 4𝑥 2 𝑦 + 𝑦 2 ;
Show that on every line y = mx, the function z has a minimum at (0, 0). (Eco(H)
2014)
10) Find the extreme points and extreme values for f(x, y) defined over S
𝑓(𝑥, 𝑦) = 𝑥 2 + 𝑦 2 + 𝑦 − 1, 𝑆 = {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 ≤ 1}
[f(x, y) has a maximum 1 at (0, 1) and minimum -1 at (0, -1)]
Page 41
Rahul Sir
(a) Compute 𝑓1′ (𝑥, 𝑦) and 𝑓2′ (𝑥, 𝑦), [𝒇′𝟏(𝒙, 𝒚) = 𝟒 − 𝟒𝒙, 𝒇′𝟐(𝒙, 𝒚) = −𝟒𝒚 ]
(b) Find the only stationary point for function. [(1, 0)]
(c) Find the extreme points for f over S.
[f(x, y) has a maximum 2 at (1, 0) and minimum -70 at (-5, 0)]
12) Find the maximum and minimum points for 𝑓(𝑥, 𝑦).defined over S for thefollowing:
(a) 𝑓(𝑥, 𝑦) = 𝑥 3 + 𝑦 3 − 9𝑥𝑦 + 27 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 0 ≤ 𝑥 ≤ 4, 0 ≤ 𝑦 ≤ 4.
[f(x, y) has a maximum 91 at (0, 4) and (4, 0) and minimum 0 at (3, 3)]
(b) 𝑓 𝑥, 𝑦 = 𝑥 2 + 2𝑦 2 − 𝑥 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 𝑥 2 + 𝑦 2 ≤ 1.
( )
[f(x, y) has a maximum 9/4 at (-1/2, √𝟑⁄𝟐) and minimum -1/4 at (1/2,0)]
(c) 𝑓(𝑥, 𝑦) = 3 + 𝑥 3 − 𝑥 2 − 𝑦 2 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 𝑥 2 + 𝑦 2 ≤ 1 𝑎𝑛𝑑 𝑥 ≥ 0.
[f(x, y) has a maximum 3 at (0, 0) and at (1,0) and minimum 2 at
(0,-1) and at (0,1)]
(d) 𝑓(𝑥, 𝑦) = 𝑥 2 − 𝑦 2 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 𝑥 2 + 𝑦 2 ≤ 4 (Eco(H) 2013)
[f(x, y) has a max at (-2,0), (2,0) and minimum at (0, -2), (0, 2)]
2 2
(e) 𝑓(𝑥, 𝑦) = (𝑥 − 2)𝑒 𝑥 −𝑥 (2𝑦 − 1)𝑒 (𝑦−2) 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 0 ≤ 𝑥 ≤ 2, 0 ≤ 𝑦 ≤ 1/2.
[f(x, y) has a maximum 2𝒆𝟒 at (0, 0) and minimum 0 for all (x, 1/2) where x ∈
[𝟎, 𝟐]𝒂𝒏𝒅 𝒇𝒐𝒓 𝒂𝒍𝒍 (𝟐, 𝒚) where y ∈[0, 1/2]]
14) Consider the problem of maximizing 𝑧 = −(𝑥 4 + 𝑦) Find the strict maxima. What is the
problem in applying the condition that the Hessian Matrix is Negative Definite?
(Eco(H) 2014) ((0,0) is the Maximum Point)
𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟎
−1 ≤ 𝑥 ≤ 1, −1 ≤ 𝑦 ≤ 1 [ ]
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟐
16) Find the extreme point and extreme values for f(x, y) defined over S when:
2 −𝑦 2
𝑓(𝑥, 𝑦) = 𝑒 𝑥 ; On the given set 𝑆 = {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 ≤ 1}:
Page 42
Rahul Sir
18) Let 𝑓 (𝑥, 𝑦) = 2𝑥 2 − 4𝑥 + 𝑦 2 − 4𝑦 + 1 be defined over the area bounded by the straight
lines x = 0, y = 2 and y = 2x. Find and classify all the extreme points of this function.
Also, find the extreme values of the function f(x, y). (Eco(H) 2008, 2017)
𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟏 𝒂𝒕(𝟎, 𝟎)
{𝑬𝒙𝒕𝒓𝒆𝒎𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟎, 𝟎), (𝟎, 𝟐), (𝟏, 𝟐); }
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟓 𝒂𝒕 (𝟏, 𝟐)
19) Let 𝑓 (𝑥, 𝑦) = 𝑥𝑦(1 − 𝑥 2 − 𝑦 2 ) be defined over the area Bounded by the square formed
by 0 ≤ 𝑥 ≤ 1 𝑎𝑛𝑑 0 ≤ 𝑦 ≤ 1. Find and classify all the extreme points of this function.
(Eco(H) 2013)
𝟏 𝟏
𝟏 𝟏 𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟏/𝟖 𝒂𝒕( , )
{𝑬𝒙𝒕𝒓𝒆𝒎𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 ( , ) , (𝟎, 𝟎), (𝟎, 𝟏), (𝟏, 𝟎), (𝟏, 𝟏); 𝟐 𝟐 }
𝟐 𝟐
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟎 𝒂𝒕 (𝟎, 𝟎), (𝟎, 𝟏), (𝟏, 𝟎), (𝟏, 𝟏)
𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟎
{𝑬𝒙𝒕𝒓𝒆𝒎𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟎, 𝟎), (𝟎, −𝟏), (−𝟏, 𝟎), (𝟏, 𝟎), (𝟏, 𝟏), (−𝟏, 𝟏), (𝟏, −𝟏); }
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟐
2 −𝑥 2
21) Find the maxima and minima of the function 𝑔(𝑥, 𝑦) = (2𝑥 + 4)𝑒 𝑥 (2𝑦 − 1)𝑒 (𝑦−2)
Defined on the set S where S is rectangular region with vertices (0, 0), (0, 1), (2, 1), (2, 0).
(Eco(H) 2018)
22) Let 𝑧 = 𝑥 2 + 2𝑥𝑦 − 4𝑥 + 8𝑦; find the extreme point of the function z defined over the
area bounded by the triangle rectangle formed by the lines x = 0, y = 0, x = 1, y = 2.
(Eco(H) 2014)
𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟏𝟕 𝒂𝒕(𝟏, 𝟐)
{𝑬𝒙𝒕𝒓𝒆𝒎𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟎, 𝟎), (𝟏, 𝟎), (𝟏, 𝟐), (𝟐, 𝟎); }
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟒 𝒂𝒕 (𝟐, 𝟎)
Page 43
Rahul Sir
28) Decide for which values of the constant a the following function is concave, convex, or
neither: 𝑓 (𝑥, 𝑦) = −6𝑥 2 + (2𝑎 + 4)𝑥𝑦 − 𝑦 2 + 4𝑎𝑦
[ 𝒏𝒆𝒗𝒆𝒓 𝒄𝒐𝒏𝒗𝒆𝒙; 𝒄𝒐𝒏𝒄𝒂𝒗𝒆 𝒊𝒇 − 𝟐 − √𝟔 ≤ 𝒂 ≤ −𝟐 + √𝟔 ]
29) Find the largest convex domain S in the xy-plane on which the function
𝑓(𝑥, 𝑦) = 𝑥 2 − 𝑦 2 − 𝑥𝑦 − 𝑥 3 is concave. [ 𝑺 = {(𝒙, 𝒚): 𝒙 ≥ 𝟓/𝟏𝟐}]
30) Show that the function f defined by 𝑓(𝑥, 𝑦) = −2𝑥 2 − 𝑦 2 + 4𝑥 + 4𝑦 − 3 for all
(𝑥, 𝑦) has maximum at (𝑥, 𝑦) = (1,2).
31) 𝑓(𝑥, 𝑦) = 𝑒 −𝑥 √1 + 𝑦 2 ; Prove that the function is strictly Convex for |𝑦| < 1.
(Eco(H) 2009)
Page 44
Rahul Sir
For what value of a, b, c and d the function 𝑓(𝑥, 𝑦) is concave? (Eco(H) 2008)
34) Let D be the set of point (x, y) with −1 < 𝑥 < 1 𝑎𝑛𝑑 − 1 < 𝑦 < 1 and let
1
𝑓(𝑥, 𝑦) = (x − y)4 − (x − y)2 − (x + y)2
12
𝑎 𝑎
36) Show that Cobb-Douglas function 𝑧 = 𝐴𝑥1 1 . 𝑥2 2 (𝐴 > 0, 𝑎1 & 𝑎2 > 0) is quasi-concave
on real number.
37) Decide which of the following function are quasi - concave. Give reasons:?
a) y = 5x + 7
b) 𝑧 = ln(𝑥1 𝑎1 . 𝑥2 𝑎2 ) (Both are Quasi - Concave) (Eco(H) 2016)
39) Use the definition to test whether the following three functions are quasi concave or
not:
a) f(x) = x2
b) g(x) = √𝑥
Page 45
Rahul Sir
40) Derive the conditions on 𝛼, 𝛽 under which the function 𝑓 (𝑥, 𝑦) = 2𝑥 𝛼 𝑦 𝛽 , 𝛼, 𝛽 > 0
defined on the domain x≥ 0, 𝑦 ≥ 0 is
a) Strictly concave
b) Concave
c) Quasi-concave
d) Convex (Eco(H) 2019)
Economic Applications
1 1
41) Consider the function 𝐶(𝑥, 𝑦) = 𝑥 2 − 10𝑥 + 𝑦 3 − 9𝑦 + 20,600 defined
100 300
for 𝑥 > 0 and 𝑦 ≥ 0. Show that stationary point is (𝑥, 𝑦) = (500,30) and show that it
is a minimum point.
42) Show that the CES function if defined for 𝐾 > 0, 𝐿 > 0 by
1
−
𝑓 (𝐾, 𝐿 ) = 𝐴 [𝛿𝐾 −𝑝 + (1 − 𝛿 )𝐿−𝑝] 𝑝 (𝐴 > 0, 𝜌 ≠ 0,0 ≤ 𝛿 ≤ 1) is concave for 𝜌 ≥ −1 and
convex for 𝜌 ≤ −1.
43) Show that the Cobb-Douglas function 𝑌 = 𝐴𝐾 𝑎 𝐿𝑏 , defined for 𝐾 > 0 and 𝐿 > 0, is
concave if 𝐴 > 0, 𝑎 ≥ 0, 𝑏 ≥ 0, and 𝑎 + 𝑏 ≤ 1, and is strictly concave if a and b are
positive with 𝑎 + 𝑏 <1.
44) Let D be the set- of points (𝑥, 𝑦) with −1 < 𝑥 < 1 and −1 < 𝑦 < 1 and let𝑓 (𝑥, 𝑦) =
1
(𝑥 − 𝑦 )4 − (𝑥 − 𝑦 )2 −(𝑥 + 𝑦 )2
12
(a) Show that f is neither convex nor concave in D.
(b) Find the subset of D at which f is concave. [𝒙 < √𝟐 + 𝒚 𝒐𝒓 𝒙 > 𝑦 − √𝟐]
1/3 1/3
45) Suppose a firm that use 2 inputs has the production function: 𝑓(𝑥1 , 𝑥2 ) = 12𝑥1 𝑥2
And faces input prices (𝑝1 , 𝑝2 ) and output price q. Show that f is concave for 𝑥1 >
0, 𝑥2 > 0.
46) A firm produces 𝐾 1/2 𝐿1/4 units of output of a good when it uses K units of capital and L
units of labor. The firm obtains the price 16 per unit of output and pays 4 per unit of
capital and 2 per unit of labor so that its profit is 𝜋(𝐾, 𝐿) = 𝑝𝑄 − 𝑤𝐿 − 𝑟𝐾, where Q is
the firm's output and w and r are price paid to labor and capital.
(i) Show that 𝜋(𝐾, 𝐿) is concave;
(ii) Find the profit maximizing values of K, L; [L = K = 16]
Page 46
Rahul Sir
47) A firm under perfect competition produces two commodities 𝑋1 and 𝑋2 with prices
equal to Rs. 10 and Rs. 15 respectively. If the cost function of the firm is
𝐶 = 2𝑥12 + 𝑥1 𝑥2 + 2𝑥22 , where 𝑥1 and 𝑥2 denote the levels of output of 𝑋1 and 𝑋2
respectively;
(i) Determine profit maximizing levels of output of 𝑋1 and 𝑋2.
(ii) Compute the amount of maximum profits.
(iii) Verify the second order conditions.
48) A firm produces two goods x and y. The prices of x and y are Rs. 32 and Rs. 16
respectively. The cost function of the firm is 𝐶(𝑥, 𝑦) = 𝑥 2 − 2𝑥𝑦 + 2𝑦 2 + 8. Find the
profit maximizing output levels and the firm's profit.
49) Given the profit function 𝜋 = 160𝑥 − 3𝑥 2 − 2𝑥𝑦 − 2𝑦 2 + 120𝑦 − 18 for a firm
producing two goods x and y, find the following:
(a) Maximize profits
(b) Test the second-order condition
(c) Evaluate the function at the critical values x and y.
50) A monopolist sells two products x and y for which the demand functions are
𝑥 = 25 − 0.5𝑃𝑥
𝑦 = 30 − 𝑃𝑦
51) A monopolist produces two commodities, x and y, jointly. The relevant cost function is
𝐶 = 𝑥 2 + 2𝑥𝑦 + 3𝑦 2 .The demand functions are 𝑝𝑥 = 36 − 3𝑥 and𝑝𝑥 = 50 − 5𝑦.
Find the prices and quantities that would maximize total profits. Also find the amount
𝟏𝟏𝟗 𝟖𝟐 𝟕𝟓𝟗 𝟏𝟏𝟒𝟎
of this maximum profit. [𝒙𝟏 = , 𝒙𝟐 = , 𝒑𝟏 = , 𝒑𝟐 = , 𝝅 = 𝟏𝟑𝟓. 𝟐𝟑]
𝟑𝟏 𝟑𝟏 𝟑𝟏 𝟑𝟏
52) A monopolist firm can produce its output in one of the two different plants. The cost of
production in two plants are given respectively by:
𝑇𝐶 (𝑥1 ) = 2𝑥1 2
𝑇𝐶 (𝑥2 ) = 100 + 20𝑥2
Page 47
Rahul Sir
Demand function p = 200 – 2x where x is the total output. How much output should the
profit maximizing monopolist produce in each plant? (Eco(H) 2009)2]; {𝒙𝟏 = 𝟓, 𝒙𝟐 = 𝟒𝟎}
53) A monopolist produces two types of chocolates, 𝑋1 and 𝑋2 , at a constant average cost of
Rs. 2 and Rs. 3 per Kilogram respectively. If 𝑝1 and 𝑝2 are prices (Charged in rupees per
kilo), the market demand for the two types are 𝑥1 = 5(𝑝2 − 𝑝1 ) and
𝑥2 = 32 + 5𝑝1 − 10𝑝2 thousand kilograms per week. Find the values of 𝑝1 and 𝑝2
such that the joint monopoly profits are maximized. Also find the equilibrium
quantities. [𝒙𝟏 = 𝟐𝟓𝟎𝟎𝒌𝒈, 𝒙𝟐 = 𝟔𝟎𝟎𝟎𝒌𝒈, 𝒑𝟏 = 𝟒. 𝟐, 𝒑𝟐 = 𝟒. 𝟕]
54) A manufacturer can produce a commodity at two locations. The selling price per unit is
given by 𝑝 = 200 − 0.8𝑥, where 𝑥 = 𝑥1 + 𝑥2. The cost functions at the two locations
are 𝐶1 = 0.3𝑥12 + 60𝑥1 + 5000 and 𝐶2 = 0.5𝑥22 + 30𝑥2 + 8000 respectively. Find 𝑥1
and 𝑥2 so that profits are maximize. [𝒙𝟏 = 𝟐𝟗. 𝟏, 𝒙𝟐 = 𝟒𝟕. 𝟓]
55) A discriminating monopolist is able to separate its customers into two markets with
respective demand functions as 𝑥1 = 16 − 0.2𝑝1 and 𝑥2 = 9 − 0.05𝑝2 . The total cost
function of the monopolist is 𝐶 = 20 + 20𝑥, where (𝑥 = 𝑥1 + 𝑥2 ).
(i) Find the profit maximizing values of 𝑥1 and 𝑥2 . [𝒙𝟏 = 𝟔, 𝒙𝟐 = 𝟒]
(ii) Find the price charged in each market and the maximum profits.
[𝒑𝟏 = 𝟓𝟎, 𝒑𝟐 = 𝟏𝟎𝟎, 𝝅 = 𝟒𝟖𝟎]
(iii) Find the elasticity of demand in two markets.
[ 𝜼𝟏 = 𝟏. 𝟔𝟕, 𝜼𝟐 = 𝟏. 𝟐𝟓]
56) A discriminating monopolist, serving two isolated markets with demand elasticity
𝜂1 & 𝜂2 sells quantities 𝑥1 & 𝑥2of his product at prices 𝑝1 & 𝑝2 respectively. Show that for
maximizing profits:
1
𝑝1 1−𝜂
2
= 1
𝑝2 1−𝜂
1
Hence deduce that the price will be higher in the market where the demand is less elastic.
57) A monopolist discriminates prices between two markets and average revenue
functions for the two market are A𝑅1 = 53 − 4𝑄1 & 𝐴𝑅2 = 29 − 3𝑄2 & his total cost
function is C = 20+5Q. Find the profit maximizing outputs and prices in two markets.
What are these values when there is no price discrimination?
58) A profit maximizing monopolist sells its output in two markets with demand functions
𝑥1 = 100 − 𝑝1 And 𝑥2 = 140 − 2𝑝2 , The cost function of the firm is 𝐶 = 90 + 6𝑥
where 𝑥 = 𝑥1 + 𝑥2
Page 48
Rahul Sir
(i) Find prices charged and the equilibrium output if the monopolist can
maintain separation between two markets. [𝒙𝟏 = 𝟒𝟕, 𝒙𝟐 = 𝟔𝟒, 𝒑𝟏 =
𝟓𝟑, 𝒑𝟐 = 𝟑𝟖]
(ii) Suppose that the good can be transported from one market to another at a
cost of Rs. 8 per unit. Find the prices charged and equilibrium outputs in the
two markets. [𝒙𝟏 = 𝟓𝟏. 𝟔𝟕, 𝒙𝟐 = 𝟓𝟗. 𝟑𝟑, 𝒑𝟏 = 𝟒𝟖. 𝟑𝟑, 𝒑𝟐 =
𝟒𝟎. 𝟑𝟑]
(iii) Answer part (ii) if the cost of transportation, becomes zero.
[𝒙𝟏 = 𝟓𝟕, 𝒙𝟐 = 𝟓𝟒, 𝒑𝟏 = 𝒑𝟐 = 𝟒𝟑]
59) A firm produces two items 𝑋1 and 𝑋2 , the market prices are given by 𝑝1 = 100 − 2𝑥1,
and 𝑝2 = 125 − 3𝑥2 . The cost of production is 12𝑥1 + 11𝑥2 + 4𝑥1 𝑥2 for producing 𝑥1
and 𝑥2 units. How many items of each type be produced to have
maximum joint profit? [𝒙𝟏 = 𝟗, 𝒙𝟐 = 𝟏𝟑]
60) A monopolist produces two commodities 𝑋1 and 𝑋2 , at constant average cost of Rs 2.50
and Rs 3.00 per item respectively. If 𝑝1 and 𝑝2 are the prices charged and the market
demands are 𝑥1 = 5(𝑝2 − 𝑝1 )and 𝑥2 = 32 + 5𝑝1 − 10𝑝2 , find the prices of two
commodities for maximum joint profit. [𝒑𝟏 = 𝟒. 𝟒, 𝒑𝟐 = 𝟒. 𝟕]
61) A multi-product firm produces two commodities 𝑋1 and 𝑋2 whose prices per unit are
Rs. 10 and Rs. 15 respectively. Assuming the firm's cost function as given by 𝐶(𝑥) =
2𝑥12 + 𝑥1 𝑥2 + 2𝑥22 , 𝑤ℎ𝑒𝑟𝑒 𝑥1 ,
𝑥2 𝑑𝑒𝑛𝑜𝑡𝑒 𝑡ℎ𝑒 𝑜𝑝𝑡𝑖𝑚𝑢𝑚 𝑙𝑒𝑣𝑒𝑙 𝑜𝑓 𝑜𝑢𝑡𝑝𝑢𝑡 𝑜𝑓 𝑋1 & 𝑋2 𝑟𝑒𝑠𝑝𝑒𝑐𝑡𝑖𝑣𝑒𝑙𝑦.
a) Obtain the optimum level of output of the two commodities.
𝟓 𝟏𝟎
[𝒙𝟏 = , 𝒙𝟐 = ]
𝟑 𝟑
b) Compute the amount of maximum profits [𝝅 = 𝟑𝟑. 𝟑]
c) Verify the second order conditions.
62) A scooter manufacturer produces the same model of a scooter at two different
production plants. The cost of production of 𝑥1 scooters at plant I is given by
𝐶1 = 𝑥12 + 1,000𝑥1 + 2,500, and the cost of production of 𝑥2 scooters at plant II is
given by, 𝐶2 = 1.5𝑥22 + 2000𝑥2 + 1800, where 𝑥1 and 𝑥2 are the annual outputs of
plant I and II respectively.
(i) If each scooter is sold at a uniform price of Rs. 20,000, find the levels of
production of each plant so that profits are maximized.
[𝒙𝟏 = 𝟗𝟓𝟎𝟎, 𝒙𝟐 = 𝟔𝟎𝟎𝟎]
Page 49
Rahul Sir
(ii) If the annual demand of scooters follows the demand law 𝑥 = 30,000 – 𝑝,
where p is the price of a scooter, find the levels of production of each plant
for maximum profits and the price of scooter.
[ [𝒙𝟏 = 𝟓𝟓𝟔𝟐. 𝟓, 𝒙𝟐 = 𝟑𝟑𝟕𝟓, 𝒑 = 𝟐𝟏𝟎𝟔𝟐. 𝟓𝟎]]
63) The joint cost of production of a firm producing two commodities X and Y is given by
𝐶 = 2𝑥 2 + 5𝑦 2 − 3𝑥𝑦 − 10𝑥 − 8𝑦 + 50, where x and y denotes the output
levels of respective commodities. Find the values of x and y so that C is minimized
and the minimum values of C. [𝒙 = 𝟒, 𝒚 = 𝟐, 𝒎𝒊𝒏𝒊𝒎𝒂 = 𝟐𝟐]
64) A monopolist produces two goods x and y. The demand function for the two goods are
functions of the prices 𝑝𝑥 and 𝑝𝑦
𝑥 = −4𝑝𝑥 + 𝑝𝑦 + 12
𝑥 = 2𝑝𝑥 − 3𝑝𝑦 + 18
The total cost is given by 𝐶 (𝑥, 𝑦) = 8 + 1.5𝑥 + 1.8𝑦
Find the values of 𝑥, 𝑦, 𝑝𝑥 , 𝑝𝑦 which maximize the profit and the maximal profit.
[𝒙 = 𝟐, 𝒚 = 𝟗, 𝒑𝒙 = 𝟑. 𝟗, 𝒑𝒚 = 𝟓. 𝟔, 𝛑 = 𝟑𝟏]
65) (a) A discriminating monopolist can separate his consumers into two distinct markets
with the following demand functions
Market 𝑄1 = 16 − 0.2𝑝1 .
Market 𝑄2 = 180 − 2𝑝2
Assume that the monopolist's total cost function takes the form
𝑇𝐶 − 20𝑄 − 20 = 0, where (𝑄 = 𝑄1 + 𝑄2 ) is the total output. Obtain the total
profit function and determine the prices he would charge in the two markets to
maximize profits. What is the total profit? [𝒑𝟏 = 𝟓𝟎, 𝒑𝟐 = 𝟓𝟓, 𝝅 = 𝟐𝟔𝟏𝟎]
Do you agree that the price charged in the market with a higher elasticity of
demand would be higher? Show by calculations.
(b) Calculate the ratio of prices charged by a discrimination monopolist in the two
markets with price elasticity of demand equal to 3.0 and 1.5. [1:2]
66) Assume that a monopolist sells in two isolated markets and the demand functions in
the two markets are:
𝑃1 = 17 − 2𝑥1 𝑎𝑛𝑑 𝑃2 = 25 − 3𝑥2
The monopolist's total cost-function is 𝐶 = 2 + 𝑥1 + 𝑥2. What are the prices that
the monopolist will charge in order to maximize his profits and how much will he
sell in each market? [𝒑𝟏 = 𝟗, 𝒑𝟐 = 𝟏𝟑, 𝒙𝟏 = 𝒙𝟐 = 𝟒]
Page 50
Rahul Sir
67) A monopolist charges different prices in two markets where his demand functions are
𝑥1 = 21 − 0.1𝑝1 and 𝑥2 = 50 − 0.4𝑝2 , 𝑝1 and 𝑝2 being prices and 𝑥1 and 𝑥2 be the
quantities demand. His total cost function is 𝑇𝐶 = 1𝑂𝑥 + 2,000 where x denotes
total output. Find prices that the monopolist should charge to maximize
his profits. [𝒑𝟏 = 𝟏𝟏𝟎, 𝒑𝟐 = 𝟔𝟕. 𝟓𝟎]
Also verify that higher price will be charged in the market having lower elasticity of
demand.
68) A firm manufactures two types of detergents. If 𝑥1 denotes the units of brand I and 𝑥2
denotes the units of brand II produced per Week, the weekly profit is given by
𝜋 = 300𝑥1 + 200𝑥2 + 45𝑥1 𝑥2 − 15𝑥12 − 50𝑥22 − 4,000. How many units of each
brand should be manufactured per week to maximize the profit? What is the
maximum weekly profit? [𝒙𝟏 = 𝟒𝟎, 𝒙𝟐 = 𝟐𝟎, 𝝅 = 𝟒𝟎𝟎𝟎]
maximizing values.
𝐿+𝐾
70) A firm's production function is 𝑋 = 12 − . The prices of labour, capital and output
𝐿𝐾
are Rs. 1, Rs. 4 and Rs. 9 respectively. Find the maximum profit combination of capital,
𝟑
labor and output; [𝑳 = 𝟑, 𝑲 = , 𝑿 = 𝟏𝟏 𝒖𝒏𝒊𝒕𝒔]
𝟐
Page 51
Rahul Sir
73) A monopolist produces two goods x and y. The demand function for the goods are;
𝑥 = 50 − 0.5𝑝𝑥 ; 𝑦 = 76 − 𝑝𝑦
Find the values of x, y which maximize profit. Also find the maximized profit and the prices
charged by the monopolist. [𝝅(𝟖, 𝟏𝟎) = 𝟕𝟐𝟓]
74) Find the closest point to the origin on the curve given by the equation
𝑥 2 + 𝑥𝑦 = 1, 𝑥 > 0. Also, calculate the minimum distance. What is the rate of change in this
distance as the constant 1 in the equation of the curve increases marginally? (Eco(H)
2018)
Page 52
Rahul Sir
Chapter = 5
CONSTRAINED OPTIMIZATION
1) Find the maxima or minima of the function, 𝑧 = 5𝑥 2 + 6𝑦 2 − 𝑥𝑦 subject to
24 = 𝑥 + 2𝑦. [The function has a minima at (x=6, y=9)]
3) Find the smallest distance between the origin and a point on the line
4𝑥 − 3𝑦 + 25 = 0. [The function has a minima at (-4, 3)]
4) A rectangular brick has a given volume; Show that its surface area is least when it is
cube. [The function has a minima at (x=y=z)]
5) Given the utility function 𝑈 = (𝑥 + 2)(𝑦 + 1), and the budget constraint
2𝑥 + 5𝑦 = 51, Find the optimal levels of x and y purchased
by the consumer. [The function has a maxima at (x=13, y=5)]
It is given that 𝑝𝑥 = 𝑅𝑠. 4, 𝑝𝑦 = 𝑅𝑠. 6 and the individual's fixed income is Rs. 130. Using
Lagrange multiplier method, find the optimum level of purchase of the two commodities.
[The function has a maxima at (x=16, y=11)]
8) Find the associated demand functions of x and y from the utility function
1 𝑴𝒑𝜶 𝟏
𝑢 = (𝑥 𝜌 + 𝑦 𝜌 ), where 0 < 𝜌 < 1. [x= 𝒙
, 𝒘𝒉𝒆𝒓𝒆 𝜶 = ]
𝜌 𝒑𝒙 +𝒑𝜶+𝟏
𝜶+𝟏
𝒚 𝝆−𝟏
𝑴𝒑𝜶 𝒚 𝟏
Show that the two goods are substitutes. [y= , 𝒘𝒉𝒆𝒓𝒆 𝜶 = ]
𝒑𝜶+𝟏
𝒙 +𝒑 𝜶+𝟏
𝒚 𝝆−𝟏
9) Use the Langrangeon method to find the extreme values of 𝑓(𝑥, 𝑦) = 𝑥 2 + 2𝑦 2 on the
circle 𝑥 2 + 𝑦 2 = 1. (Eco(H) 2017)
Page 53
Rahul Sir
10) Find the maximum and minimum values that the function 𝑓(𝑥, 𝑦) = 𝑥𝑦 takes on the
𝑥2 𝑦2
constraint + = 1. (Eco(H) 2016)
8 2
𝒇(𝒙, 𝒚) 𝒊𝒔 𝒎𝒂𝒙𝒊𝒎𝒖𝒎 𝒘𝒉𝒆𝒏 𝒙 = 𝟐, 𝒚 = 𝟏
{ }
𝑻𝒓𝒚 𝒐𝒕𝒉𝒆𝒓 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟐, −𝟏), (−𝟐, 𝟏), (−𝟐, −𝟏)𝒘𝒊𝒕𝒉 𝒚𝒐𝒖𝒓𝒔𝒆𝒍𝒇.
11) 𝑓(𝑥, 𝑦) = 5𝑥 − 3𝑦 subject to the constraint 𝑥 2 + 𝑦 2 = 136. Find the maximum and
minimum of 𝑓(𝑥, 𝑦). (Eco(H) 2011)
12) Let the utility function be given by 𝑈 = 𝑥𝑦. The budget constraint is given as 100 −
𝑥𝑝𝑥 − 𝑦𝑝𝑦 = 0.
𝟓𝟎 𝟓𝟎
(i) Find the demand function for x and y. [(x= ,𝒚 = ]
𝒑𝒙 𝒑𝒚
(ii) Show that these functions are homogeneous of degree zero in absolute prices
and incomes.
(iii) Replace 𝑈 = 𝑥𝑦 with 𝑊 = (𝑥𝑦)2 and answer parts (i) and (ii) again.
𝛽
13) If 𝑢 = 𝑥1𝛼 𝑥2 is the utility function of a consumer and 𝑀 = 𝑥1 𝑝1 + 𝑥2 𝑝2 is his budget
constraint, find demand functions of the two goods by Lagrange multiple methods.
𝜕𝑥1 𝜕𝑥1 𝜕𝑥2 𝜕𝑥2
Using these demand functions, find 𝑝1 + 𝑀. 𝑎𝑛𝑑 𝑝2 + 𝑀. .
𝜕𝑝1 𝜕𝑀 𝜕𝑝2 𝜕𝑀
𝜶.𝑴 𝜷.𝑴
[𝒙𝟏 = , 𝒙𝟐 = ]
(𝜶+𝜷)𝒑𝟏 (𝜶+𝜷)𝒑𝟐
Comment upon the degree of homogeneity. (Degree of homogeneity=0 )
15) A consumer maximizes his utility function 𝑢 = 𝑥 𝛼 𝑦 𝛽 , subject to the budget constraint
2𝑥 + 3𝑦 = 12, 𝑎𝑡 𝑥 = 3 and 𝑦 = 2. Find the values of 𝛼 and 𝛽 if the utility function is
𝟏
known to be linearly homogenous. [𝜶 = 𝜷 = ]
𝟐
16) A point moves on the curve x 2 + y2 = 100. At what point is its distance from the point
(x, y) = (10, 8)minimum? If the constant 100 in the equation of the curve were to be
increased by one unit, what is the instantaneous effect on the minimum distance.
(Eco(H) 2019)
Page 54
Rahul Sir
18) (a) A consumer is represented by a utility function 𝑢 = 3𝑥 2 𝑦 3 . Find his demand for
the commodities x and y if 𝑝𝑥 = 2, 𝑝𝑦 = 3 and his income = 15. [x = y = 3]
(b) Check whether the second order condition of utility maximization is satisfied.
19) Find the optimum commodity purchases for a consumer whose utility function is
𝑈 = 𝑓(𝑥1 , 𝑥2 ) = 𝑥1 𝑥2 . Prices of 𝑥1 and 𝑥2 are Rs. 1 and Rs. 5 respectively and
Income (𝑌 ) = 𝑅𝑠. 10. Use the second order conditions to verify that the solution is a
constrained maximum. [𝒙𝟏 =5, 𝒙𝟐 =1]
20) If 𝑢 = 𝑥1 𝑥2 + 2𝑥1 + 3𝑥2 is the utility functions of a consumer of two goods, I and II,
and 𝑀 = 𝑥1 𝑝1 + 𝑥2 𝑝2 be his budget constraint,
(i) Derive the demand functions of the two goods by using the method of
𝑴+𝟐𝒑𝟏 𝟑 𝑴+𝟑𝒑𝟏
Lagrange Multiplier. [𝒙𝟏 = − , 𝒙𝟐 = -1]
𝟐𝒑𝟏 𝟐 𝟐𝒑𝟐
(ii) Examine the second order condition for maxima of utility.
𝛿𝑥1 𝛿𝑥1 𝛿𝑥1
(iii) Use these demand functions to find 𝑝1 + 𝑝2 +𝑀 and
𝛿𝑝1 𝛿𝑝2 𝛿𝑀
𝛿𝑥2 𝛿𝑥2 𝛿𝑥2
𝑝1 + 𝑝2 +𝑀 and interpret the results.
𝛿𝑝1 𝛿𝑝2 𝛿𝑀
21) A monopolist has the following demand functions for each of his products X and Y: 𝑥 =
72 − 0.5𝑝𝑥 , 𝑦 = 120 − 𝑝𝑦 . The combined cost 𝐶 = 𝑥 2 + 𝑥𝑦 + 𝑦 2 + 35 and-the
maximum joint product is 40 units i.e. 𝑥 + 𝑦 = 40. Find
(i) The profit maximizing level of Output, [x=18, y=22]
(ii) The price of each product, and [𝒑𝒙 = 𝟏𝟎𝟖, 𝒑𝒚 = 𝟗𝟖]
(iii) The total profit. [𝝅 = 𝟐𝟖𝟔𝟏]
22) A firm produces radio sets at two different locations. If 𝑥1 , 𝑥2 denote the number of
radio sets produced at location I, II respectively, the joint cost function of the firm is
given by 𝐶 = 0.1𝑥12 + 0.2𝑥22 + 0.2𝑥1 𝑥2 + 180𝑥1 + 60𝑥2 + 25,000
If the firm has to supply an order of 1,000 radio sets, how many sets should be
produced at each location to minimize cost? [𝒙𝟏 = 𝟒𝟎𝟎, 𝒙𝟐 = 𝟔𝟎𝟎]
Also find the minimum cost and marginal cost. [Rs. 2,69,000]
Page 55
Rahul Sir
23) The production function of a firm is 𝑋 = 𝐾 1/2 𝐿1/2 and prices of capital and labour are
fixed at Rs. r and 𝜔 respectively,
25) A firm produces output Y from inputs 𝑥1 and 𝑥2 according to the production
𝛽
function𝑌 = 𝐴𝑥1𝛼 𝑥2 . Derive an expression for the minimum cost of producing output
𝟏 𝜷 𝜶
𝒀 𝜶+𝜷 𝜶𝒘𝟐 𝜶+𝜷 𝜷𝒘𝟏 𝜶+𝜷
Y in terms of input prices (𝜔1 𝑎𝑛𝑑 𝜔2 ) and Y. ( ) [𝒘𝟏 ( ) + 𝒘𝟐 ( ) ]
𝑨 𝜷𝒘𝟏 𝜶𝒘𝟐
If the production function is linearly homogenous, show that the cost function is linear
𝒀 𝜶𝒘𝟐 𝜷 𝜷𝒘𝟏 𝜶
in output. [𝒘𝟏 ( ) + 𝒘𝟐 ( ) ]
𝑨 𝜷𝒘𝟏 𝜶𝒘𝟐
26) A producer has the following production function 𝑋 = 𝐿1/2 + 𝐾 1/2, where X, L and K
denote the quantities of output, labor and capital respectively.
(a) It is given that price of labor is Rs. 4 per unit and price of capital is Rs. 5 per unit.
(i) Determine the values of L and K for producing 45 units of output at
minimum cost. [L=625, K=400]
(ii) Find this minimum cost. [4500]
(iii) Verify the second order conditions.
(b) Assuming that the price of labor is 𝑝𝐿 per unit and price of capital is 𝑝𝐾 per unit,
find:
𝑿𝟐𝒑𝟐𝒌 𝑿𝟐𝒑𝟐𝒍
(i) The demand functions for labor and capital. [L= (𝒑 )𝟐
, 𝑲 = (𝒑 𝟐
]
𝒌 +𝒑𝒍 𝒌 +𝒑𝒍 )
𝒑𝒌 𝒑𝒍
(ii) The cost function of the producer. [C=𝑿𝟐 ( )]
𝒑𝒌 +𝒑𝒍
(iii) The cost function when 𝑝𝐿 = 4 and 𝑝𝐾 = 5. [C=2.2𝑿𝟐 ]
Page 56
Rahul Sir
27) Assume that the production function of a producer is given by 𝑋 = 10𝐿4/9𝐾 5/9, where
X, L and K denote output labor and capital respectively. If labor costs Rs. 5 per unit and
capital Rs. 4 per unit, find least-cost capital Labor ratio. [25:16]
28) A producer has the production function 𝑋 = 10√𝐾𝐿, where X, K and L denote the
quantities of output, capital and labor respectively. If the price of labor is Rs. 10 per
unit and price of capital is Rs. 40 per unit:
(i) Determine the values of K and L for producing 200 units of output
at minimum cost, [K=10, L=40]
29) The production function of a firm is 𝑦 = 𝐴𝑥1𝑎 𝑥2𝑏 where 𝑥1 and 𝑥2 are two inputs with
prices 𝑤1 and 𝑤2 respectively,
𝒃𝒘𝟏
(i) Find the cost minimizing combination of the two inputs. [𝒙𝟐 = 𝒙𝟏 ]
𝒂𝒘𝟐
(ii) Derive the demand functions of the two inputs
𝟏 𝒃 𝟏 𝒂
𝒚 𝒂+𝒃 𝒂𝒘𝟏 𝒂+𝒃 𝒚 𝒂+𝒃 𝒃𝒘𝟏 𝒂+𝒃
[𝒙𝟏 = ( ) ×( ) , 𝒙𝟐 = ( ) ×( ) ]
𝑨 𝒃𝒘𝟐 𝑨 𝒂𝒘𝟐
(iii) Derive an expression for the minimum cost of producing y.
𝟏 𝒃 𝒂
𝒚 𝒂+𝒃 𝒂𝒘𝟐 𝒂+𝒃 𝒃𝒘𝟏 𝒂+𝒃
[C=( ) (𝒘𝟏 ( ) + 𝒘𝟐 ( ) )]
𝑨 𝒃𝒘𝟏 𝒂𝒘𝟐
(iv) Show that the cost function is linear in y if production function is linearly
homogeneous.
(v) Show that the total cost is linear in y if 𝑎 + 𝑏 = 1.
30) A Consumer spends an amount M to buy x units of one good at a price of 6 per unit and
y units of other good at a price of 10 per unit, m is positive. The consumer utility
function is 𝑈 (𝑥, 𝑦) = 𝑥𝑦 + 𝑦 2 + 2𝑥 + 2𝑦
Find the optimal quantities of x and y as function of m. what are the solution for
𝑥 ∗, 𝑦 ∗ if 𝑚 ≤ 8. (Eco(H) 2010)
𝟐𝟎 − 𝒎 ∗ 𝒎 − 𝟖
{𝒙∗ = ,𝒚 = ; 𝑖𝑓 𝒎 ≤ 𝟖 𝒕𝒉𝒆𝒏 𝒙∗ ≥ 𝟏 𝒂𝒏𝒅 𝒚∗ ≤ 𝟎}
12 8
31) The consumer utility is a function of two goods x and y is given by:
𝑈 = 𝛼𝑙𝑛𝑥 + 𝛽𝑙𝑛𝑦 (𝑤ℎ𝑒𝑟𝑒 𝛼, 𝛽 𝑎𝑟𝑒 𝑝𝑜𝑠𝑖𝑡𝑖𝑣𝑒 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡𝑠 )
The consumer’s budget constraint is given by 𝑝𝑥 + 𝑞𝑦 =
𝑚 (𝑤ℎ𝑒𝑟𝑒 𝑝 𝑎𝑛𝑑 𝑞 𝑎𝑟𝑒 𝑝𝑒𝑟 𝑢𝑛𝑖𝑡 𝑝𝑟𝑖𝑐𝑒𝑠 𝑜𝑓 𝑔𝑜𝑜𝑑𝑠 𝑥 & 𝑦 𝑟𝑒𝑠𝑝𝑒𝑐𝑡𝑖𝑣𝑒𝑙𝑦 and m is money
income).
Page 57
Rahul Sir
33) The sales S as a function of expenditure x thousand and y thousand rupees on two
200𝑥 100𝑦
advertising media is given by 𝑆 = + . The net profit is 20% of sales minus cost
5+𝑥 10+𝑦
of advertising. If the advertising budget is Rs. 25,000, find the allocation of advertising
budget between the two media so as to maximize net profits. [15000, 10000]
34) Suppose a monopolist is practicing price discrimination in the sale of a product. Let the
demand curves be 𝑝1 = 100 − 𝑥1 and 𝑝2 = 80 − 𝑥2 and the cost function is 𝐶 = 6𝑥
(where𝑥 = 𝑥1 + 𝑥2 ).
(i) How much should be sold in each market to maximize profit? What are the
prices charged? [(𝒙𝟏 = 𝟒𝟕, 𝒙𝟐 = 𝟑𝟕), (𝒑𝟏 = 𝟓𝟑, 𝒑𝟐 = 𝟒𝟑)]
(ii) How much profit is lost if price discrimination is made illegal? [∆𝝅 = 𝟓𝟎]
(iii) If the monopolist is allowed to maintain a price difference of Rs. 4 only,
find 𝑥1 and 𝑥2. [(𝟓𝟎, 𝟓𝟎) (34,46)]
Page 58
Rahul Sir
35) A monopolist sells its output in two markets with demand functions 𝑥1 = 55 − 𝑝1
and 𝑥2 = 70 − 2𝑝2 . The cost function is 𝐶 = 5𝑥, where 𝑥 = 𝑥1 + 𝑥2.
(i) Find the profit maximizing levels of outputs and prices if the monopolist can
maintain the separation between two markets.
[(𝒙𝟏 = 𝟑𝟎, 𝒙𝟐 = 𝟐𝟓), (𝒑𝟏 = 𝟐𝟎, 𝒑𝟐 = 𝟑𝟎)]
(ii) If it cost Rs. 5 per unit to transport goods between two markets, find the
𝟐 𝟐 𝟏
profit maximizing levels of outputs and prices. [𝟐𝟔 , 𝟐𝟏 , 𝟐𝟖 ]
𝟑 𝟑 𝟑
(iii) How would your answer in part (ii) will be affected if transportation costs
𝟏
were zero? [𝟐𝟑 , 𝟓𝟓]
𝟑
𝒂) 𝒙 = 𝒚 = 𝟏
Comment on the geometry of each solution. [ ]
𝒃) 𝒙 = 𝒚 = 𝟏
37) Show that two utility maximizing consumers with utility functions:
1/2 1/2
𝑈 (𝑥1 , 𝑥2 ) = 𝑥1 𝑥2 𝑎𝑛𝑑 𝑉 (𝑥1 , 𝑥2 ) = 𝑥1 2 𝑥22 respectively have same demand
functions.
38) An individual purchases quantities 𝑋1 and 𝑋2 of two goods whose prices are 𝑝1 and 𝑝2
respectively. His utility functions is:
𝑈 (𝑋1 , 𝑋2 ) = 𝑋1 + 𝐼𝑛 𝑋2
Assuming his income is M, find the optimal quantities 𝑋1 and 𝑋2 . Also find the marginal
𝑴 𝒑𝟏 𝟏
utility of income. [ 𝑿𝟏 = − 𝟏, 𝑿𝟐 = &𝜆 = ]
𝒑𝟏 𝒑𝟐 𝒑𝟏
Page 59
Rahul Sir
Write down the Lagrange function for the problem and solve the necessary
conditions for the optimal solutions. Find the determinant 𝐷(𝑥, 𝑦) and check the
second order condition. Explain the optimization solution geometrically by drawing
the level curves of 𝑓(𝑥, 𝑦) together with the graph of the constraint. (Eco(H)
2012) [𝑴𝒂𝒙𝒊𝒎𝒂 𝒂𝒕 (√𝟐, √𝟐), 𝑴𝒊𝒏𝒊𝒎𝒂 𝒂𝒕 (−√𝟐, −√𝟐)]
41) Maximize 𝑓(𝑥, 𝑦) = 100𝑙𝑛𝑥 + 50𝑙𝑛𝑦, whenre 𝑥 > 0, 𝑦 > 0 subject to the constraint
𝟐𝟎 𝟏𝟎
3x + y = 10. {𝒙 = ,𝒚 = } (Eco(H) 2011, 2015)
𝟗 𝟑
a) Find the necessary conditions for the solution of the problem and solve them for
the two demand functions x = f(p, q, m) and y = g(p, q, m) by using the
Lagrangean Method.
b) What happens to the optimal values of x and y if per unit prices of both goods
and consumer’s money income are doubled. (Eco(H) 2017)
Page 60
Rahul Sir
45) 𝑥 (𝑎, 𝑏 ) = 𝐴√𝑎𝑏 is a production function for good x using inputs a and b. Use the
Lagrangian method to find the amount of the factors required to produce an output 𝑥̅ at
minimum cost, when prices of the inputs are 𝑝𝑎 & 𝑝𝑏 . Check the 2nd order conditions
and verify the envelope theorem. (Eco(H) 2018)
Page 61
Rahul Sir
Chapter=6
Differential equation
1) The number of arbitrary constants in the general solution of a differential equation of
4th order are:
a) 0
b) 1
c) 2
d) 3
a) 3
b) 2
c) 1
d) 0
d2y
a) +y =0
dx2
d2y
b) −y=0
dx2
d2y
c) +1 =0
dx2
d2y
d) −1 =0
dx2
d2y dy
a) − x2 + xy = x
dx2 dx
d2y dy
b) +x + xy = x
dx2 dx
d2y 2 dy
c) −x + xy = x
dx2 dx
d2y dy
d) +x + xy = 0
dx2 dx
Page 62
Rahul Sir
dy
5) The general solution of the differential equation = ex+y is
dx
a) ex + e−y = C
b) ex + ey = C
c) e−x + ey = C
d) e−x + e−y = C
dx
6) The integrating factor of the differential equation (1 − y 2 ) + yx = ay, is
dy
1
a)
y2−1
1
b)
√y2−1
1
c)
1−y2
1
d)
√1−y2
dy
7) The integrating factor of the differential equation x − y = 2x 2
dx
a) e−x
b) e−y
c) 1/x
d) x
Page 63
Rahul Sir
13) Verify that the function xy = log y +C is a solution of the differential equationy ′ =
y2
.
1−xy
14) Verify that the function y = √a2 − x 2 ; x ∈ (−a, a) is a solution of the differential
dy
equation x + y =0
dx
15) Form the differential equation representing the family of curves y = mx, where m
is an arbitrary constant. (xy ′ − y = 0)
16) Form the differential equation representing the family of circles touching the x –
dy 2xy
axis at origin. ( = )
dx x2−y2
17) Form the differential equation representing the family of parabolas having vertex
dy
at origin and axis along positive direction of x – axis. (y 2 − 2xy = 0)
dx
18) Form the differential equation representing the family of curves by eliminating the
x y
arbitrary constant a and b from + = 1. (y 2 = 0)
a b
19) Form the differential equation representing the family of curves y 2 = a(b2 − x 2 )
d2y dy 2 dy
by eliminating a and b. (xy 2
+ x( ) = y )
dx dx dx
20) Form the differential equation representing the family of curves by eliminating the
d2y dy
arbitrary constant a and b from y = ae3x + be−2x. ( − − 6y = 0)
dx2 dx
21) Form the differential equation representing the family of curves by eliminating the
d2y dy
arbitrary constant a and b from y = e2x(a + bx). ( −4 + 4y = 0)
dx2 dx
22) Form the differential equation representing the family of parabolas having vertex
dy
at origin and axis along positive direction of x – axis. (x = 2y)
dx
23) Form the differential equation representing the family of ellipses having foci on y –
d2 y dy 2 dy
axis and center at origin. {x (y 2
+( ) )−y = 0}
dx dx dx
Page 64
Rahul Sir
24) Form the differential equation representing the family of hyperbolas having foci on
d2 y dy 2 dy
x – axis and center at origin. {x (y 2
+( ) )−y = 0}
dx dx dx
25) Form the differential equation representing the family of circles having center on y
dy 2 dy 2
– axis and radius 3 units. {x 2 (( ) + 1) = 9 ( )
dx dx
dy x+1
26) Find the general solution of the differential equation = .
dx 2−y
( x 2 + y 2 + 2x − 4y + C = 0, where C = 2C1 )
dy
27) Find the general solution of the differential equation + y = 1.
dx
(x = −log|1 − y| + C )
dy
29) Find the general solution of the differential equation x 5 = −y 5 .
dx
(x −4 + y −4 = −4C )
dy
30) Find the particular solution of the differential equation = −4xy 2 .
dx
𝟏
(y = )
𝟐𝐱 𝟐−𝐂
dy
32) For the differential equation xy = (x + 2)(y + 2), find the solution curve passing
dx
through the point (1, -1). ( y − x = 2log|x (y + 2)| − 2)
33) Find the equation of the curve passing through the point (1, 1) whose differential
equation is xdy = (2x 2 + 1)dx. ( y = x 2 + log|x| + C )
34) Find the equation of a curve passing through the point (-2, 3), given that the slope
1
2x
of the tangent to the curve at any point (x, y) is 2
. ( y = (3x 2 + 15)3 )
y
Page 65
Rahul Sir
35) Find the equation of a curve passing through the point (0, -2) given that any point
(x, y) on the curve, the product of the slope of its tangent and y coordinate of the
point is equal to the x coordinate of the point. (x 2 − y 2 + 4 = 0)
36) At any point (x, y) of a curve the slope of the tangent is twice the slope of the line
segment joining the point of contact to the point (-4, -3). Find the equation of the
curve given that it passes through (-2, 1). {y+3 =
2
(x + 4) }
37) In a bank, principal increases continuously at the rate of 5% per year. In how many
years Rs. 1000 double itself? ( t = 20𝐥𝐨𝐠 𝐞 𝟐)
38) In a bank principal increases continuously at the rate of r % per year. Find the
value of r if Rs. 100 doubles itself in 10 years. (loge 2 = 0.6931) (6.931%)
39) In a culture, the bacteria count is 1, 00,000. The number is increased by 10% in 2
hours. In how many hours will the count reach 2, 00, 000, if the rate of growth of
2log2
bacteria is proportional to the number present? (t = )
log(1.1)
dy x2
40) Find the general solution of the differential equation x + 2y = x 2 . ( y = +
dx 4
−2
Cx )
41) Find the general solution of the differential equation y dx – (x+2y 2 )dy = 0.
(x = 2y 2 + Cy)
dy
42) Find the general solution of the differential equation (x + 3y 2 ) = y.
dx
(3y + C)
dy
44) Find the general solution of the differential equation (x + y) = 1.
dx
(Cey )
dy 2
45) Find the general solution of the differential equation xlog x + y = log x
dx x
−2
( [1 + logx] + C )
x
Page 66
Rahul Sir
dy y
46) Find the general solution of the differential equation + = x2.
dx x
x3 C
( + )
4 x
dy
47) Find the general solution of the differential equation + 3y = e−2x.
dx
( y = e−2x + Ce−3x )
48) Find the equation of the curve passing through the point (0, 2) given that the sum
of the coordinates of any point on the curve exceeds the magnitude of the slope of
the tangent to the curve at that point by 5. ( y = 4 − x − 2ex )
49) Find the equation of the curve passing through the origin given that the slope of
the tangent to the curve at any point (x, y) is equal to the sum of the coordinates of
the point. ( y = −x − 1 + ex )
dy
50) If = ( y − 1)( y − 2); then find the following:
dx
dy
52) If + 5y = 4; then find the following:
dx
dy
53) If = ( y)( y − 2); then find the following:
dx
Page 67
Rahul Sir
dx
54) If = ( x − 1); then find the following:
dt
dx
55) If + 2x = 24; then find the following:
dt
dx
56) If = x 2 − 9; then find the following:
dt
dx
57) If = x 3 + x 2 − x − 1; then find the following:
dt
dx
58) If = 3x 2 + 1; then find the following:
dt
Page 68
Rahul Sir
dx
59) If = xex; then find the following:
dt
3 𝑑𝑥
60) Show that x(t) = Ce5t + is a solution to the differential equation = 5𝑥 − 3. Find the
5 𝑑𝑡
integral curve when x(2) = 1. (Eco(H) 2019)
Page 69
Rahul Sir
CHAPTER-7
INTEGRATION
Evaluate the following integrals:
1. ∫(√𝑥 + √𝑥 + 1) 𝑑𝑥
2 3 2 3
[𝐴𝑛𝑠. : 𝑥 2 + (𝑥 + 1)2 + 𝑐]
3 3
2. ∫(√𝑥 + √𝑥 − 1) 𝑑𝑥
2 3 2 3
[𝐴𝑛𝑠. : 𝑥 2 + (𝑥 − 1)2 + 𝑐]
3 3
1
3. ∫ . 𝑑𝑥
√𝑥+1+√𝑥−1
1 3 1 3
[𝐴𝑛𝑠. : (𝑥 + 1)2 − (𝑥 − 1)2 + 𝑐]
3 3
4𝑒 5𝑥 −9𝑒 4𝑥 −3
5. ∫ . 𝑑𝑥
𝑒 3𝑥
[𝐴𝑛𝑠. : 2𝑒 2𝑥 − 9𝑒 𝑥 + 𝑒 −3𝑥 + 𝑐]
3𝑒 2𝑥 .(1+𝑒 2𝑥 )
6. ∫ . 𝑑𝑥
𝑒𝑥
[𝐴𝑛𝑠. : 3𝑒 𝑥 + 𝑒 3𝑥 + 𝑐]
𝑥3
7. ∫ . 𝑑𝑥
𝑥−1
𝑥3 𝑥2
[𝐴𝑛𝑠. : + + 𝑥 + log|x − 1| + c]
3 2
1−𝑥
8. ∫ . 𝑑𝑥
1+𝑥
[𝐴𝑛𝑠. : 2𝑙𝑜𝑔 |x + 1| − x + c]
𝑥4
9. ∫ . 𝑑𝑥
𝑥+1
Page 70
Rahul Sir
𝑥4 𝑥3 𝑥2
[𝐴𝑛𝑠. : + + − 𝑥 + log|x + 1| + c]
4 3 2
Method of Substitution
2𝑥+9
10. ∫ . 𝑑𝑥
𝑥 2 +9𝑥+10
√2+log 𝑥
15. ∫ . 𝑑𝑥
𝑥
2
[𝐴𝑛𝑠. : (2 + 𝑙𝑜𝑔𝑥)3/2 + c]
3
𝑒 −1/𝑥
16. ∫ . 𝑑𝑥
𝑥2
[𝐴𝑛𝑠. : 𝑒 −1/𝑥 + c]
2
17. ∫ 𝑒 𝑥 𝑥 . 𝑑𝑥
1 2
[𝐴𝑛𝑠. : 𝑒 𝑥 + c]
2
𝑒 𝑥 −𝑒 −𝑥
18. ∫ . 𝑑𝑥
𝑒 𝑥 +𝑒 −𝑥
[𝐴𝑛𝑠. : log|ex + e−x| + c]
𝑒 𝑥 −1
19. ∫ . 𝑑𝑥
𝑒 𝑥 +1
21. ∫ 𝑥 . √𝑥 + 2. 𝑑𝑥
Page 71
Rahul Sir
5 3
(𝑥 + 2)2 2(𝑥 + 2) 2
[𝐴𝑛𝑠. : 2 { − } + c]
5 3
(3𝑥−1)
22. ∫ . 𝑑𝑥
√2𝑥+3
Integration by Parts
23. ∫ 𝑥. 𝑒 𝑥 . 𝑑𝑥
[𝐴𝑛𝑠. : 𝑒 𝑥 . (𝑥 − 1) + c]
24. ∫ 2𝑥. 𝑒 5𝑥 . 𝑑𝑥
2𝑥. 𝑒 5𝑥 2𝑒 5𝑥
[𝐴𝑛𝑠. : − + c]
5 25
25. ∫ 𝑙𝑜𝑔𝑥 . 𝑑𝑥
[𝐴𝑛𝑠. : 𝑥. (𝑙𝑜𝑔𝑥 − 1) + c]
26. ∫ 𝑙𝑜𝑔𝑥 2 . 𝑑𝑥
[𝐴𝑛𝑠. : 2𝑥. (𝑙𝑜𝑔𝑥 − 1) + c]
27. ∫(𝑙𝑜𝑔𝑥)2 . 𝑑𝑥
[𝐴𝑛𝑠. : 𝑥. (𝑙𝑜𝑔𝑥 − 1) + c]
29. ∫ 𝑒 𝑥 . (1 + 𝑥 ) log(𝑥𝑒 𝑥 ) . 𝑑𝑥
[𝐴𝑛𝑠. : 𝑥. 𝑒 𝑥 . (log(𝑥. 𝑒 𝑥 ) − 1 + c]
Page 72
Rahul Sir
5
5 log|𝑥 − 2| 5
[𝐴𝑛𝑠. : log|𝑥 + 1| + 6 log |𝑥 + 2| + c]
3 2
𝑥+3
31. ∫ . 𝑑𝑥
𝑥.(𝑥+2)
3 1
[𝐴𝑛𝑠. : log|𝑥 | − log |𝑥 + 2| + c]
2 2
1−𝑥
32. ∫ . 𝑑𝑥
𝑥(1−2𝑥)
1
[𝐴𝑛𝑠. : log|𝑥 | − log |1 − 2𝑥| + c]
2
𝑥2
33. ∫ (𝑥−1).(𝑥−2) . 𝑑𝑥
𝑥 3 −𝑥−2
34. ∫ . 𝑑𝑥
1−𝑥 2
𝑥2 1+𝑥
[𝐴𝑛𝑠. : − log | | + c]
2 1−𝑥
2𝑥
35. ∫ (𝑥2 . 𝑑𝑥
+1).(𝑥2 +3)
1 𝑥2 + 1
[𝐴𝑛𝑠. : log | 2 | + c]
2 𝑥 +3
2𝑥 2+𝑥+1
36. ∫ . 𝑑𝑥
(𝑥−1)2.(𝑥+2)
11 4 7
[𝐴𝑛𝑠. : . log|𝑥 − 1| − + log |x + 2| + c]
9 3(𝑥 − 1) 9
4𝑥 2+5𝑥+3
37. ∫ . 𝑑𝑥
(𝑥−1)2.(𝑥+3)
3 5 3
[𝐴𝑛𝑠. : . log|𝑥 + 3| + . log |x − 1| − + c]
2 2 x−1
1
38. ∫ . 𝑑𝑥
𝑥(6(log 𝑥)2 +7𝑙𝑜𝑔𝑥+2)
2𝑙𝑜𝑔𝑥 + 1
[𝐴𝑛𝑠. : log | | + c]
3𝑙𝑜𝑔𝑥 + 2
Definite Integrals
Page 73
Rahul Sir
2
39. ∫3 (2𝑥 − 𝑥 2 ). 𝑑𝑥
4
[𝐴𝑛𝑠. : ]
3
1
40. ∫−1(7𝑥 + 2). 𝑑𝑥
[𝐴𝑛𝑠. : 4]
𝑒−1 1
41. ∫0 . 𝑑𝑥
𝑥+1
[𝐴𝑛𝑠. : 1]
3
42. ∫1 (𝑥 + 2)2 . 𝑑𝑥
98
[𝐴𝑛𝑠. : ]
3
1
43. ∫−1(𝑒 𝑥 − 𝑒 −𝑥 ). 𝑑𝑥
[𝐴𝑛𝑠. : 0]
3 1
44. ∫1 . 𝑑𝑥
2 𝑥2
5
[𝐴𝑛𝑠. : ]
3
2
45. ∫1 𝑒 3𝑥−1 . 𝑑𝑥
𝑒2 3
[𝐴𝑛𝑠. : (𝑒 − 1)]
3
1
46. ∫0 2𝑥 . 𝑑𝑥
3
[𝐴𝑛𝑠. : ]
log 2
1 𝑥3
47. ∫0 . 𝑑𝑥
√1+𝑥 4
1
[𝐴𝑛𝑠. : (√2 − 1)]
2
1 2
48. ∫0 𝑥𝑒 −𝑥 . 𝑑𝑥
𝑒−1
[𝐴𝑛𝑠. : ]
2𝑒
Page 74
Rahul Sir
1 𝑥
49. ∫0 . 𝑑𝑥
√𝑥 2+1
[𝐴𝑛𝑠. : √2 − 1]
LIBNIEZ FORMULA
𝑑 3 𝑑 𝑡 1/3 𝑑 𝑡 1
d. ∫√𝑡 𝐼𝑛 𝑥 𝑑𝑥 e. ∫𝑡 1/6 x 6 dx e. ∫𝑡 dx
𝑑𝑡 𝑑𝑡 𝑑𝑡
x4 1
AREA BOUNDED
5. Compute the area A bounded by the graph of f (x) = 1/x3, the axis, and the lines x = -2
and x = -1.
1
6. Compute the area of A bounded by the graph of f(x) = (ex + e-x), the x-axis, and the
2
lines x = -1 and x = 1.
APPLICATIONS OF INTEGRATION
2. The marginal cost function is given by MC = 2e0.001x. Find the total cost function if fixed
cost is Rs. 2,000.
[𝐴𝑛𝑠. : 𝐶 = 2000𝑒 0.001𝑥 ]
Page 75
Rahul Sir
4. The marginal cost function of a firm is MC = 3 + 2logx. Find the total cost function when
the cost of production 1 units is Rs. 21.
[𝐴𝑛𝑠. : 𝐶 = 𝑥 + 2𝑥𝑙𝑜𝑔𝑥 + 20]
5. If the marginal cost function is given by MC = 2(2x + 9)-1/2 and the fixed cost is Rs. 4,
find the average cost for 8 units of output.
[𝐴𝑛𝑠. : 𝑅𝑒. 1]
6. A factory manufacturing heavy machinery determined its marginal cost by the function
MC = 𝑥√𝑥 + 1 and the cost is Rs. 7800 when 3 machines are produced. Find the cost
function.
2 5 2 3 116888
[𝐴𝑛𝑠. : 𝐶 = (𝑥 + 1)2 − (𝑥 + 1)2 + ]
5 3 15
8. If the marginal revenue function for a product is MR = 4 + e -0.03x, where x denotes the
number of units sold. Determine the total revenue from the sale of 100 units of the
product.
[𝐴𝑛𝑠. : 𝑅𝑠. 431.70]
𝑥
𝑥
9. A firm’s marginal revenue function is 𝑀𝑅(𝑥) = 20𝑒 −10 (1 − ). Find the corresponding
10
demand function.
[𝐴𝑛𝑠. : 𝑝 = 20𝑒 −𝑥/10 ]
6
10. If the marginal revenue function for output x is given by 𝑀𝑅 = + 5, find the total
(𝑥+2)2
Page 76
Rahul Sir
3𝑥 3
[𝐴𝑛𝑠. : 𝑅 = + 5𝑥, 𝑝 = + 5]
𝑥+2 𝑥+2
𝑎𝑏
11. If the marginal revenue function is − 𝐶, find the total revenue function and show
(𝑥+𝑏)2
𝑎
that 𝑝 = − 𝑐 is the demand function (where p is price, x is quantity demanded and a,
𝑥+𝑏
DIFFERNCE EQUATION
14. Find the solutions to the following difference equations with the given values of x0:
1. xt = 2xt-1 + 4 xo = 1
2. 3xt= xt-1 + 2, xo = 2
3. 2xt+ 3xt-1 + 2 = 0, xo = -1
4. xt- xt-1 + 3 = 0, xo = 3
Qdt= 180-0.75P t
P0 = 220
2. Find the total area between the curve y = 1 – x2 and the x-axis over the interval
[0,2].
Page 77
Rahul Sir
𝑑 1 𝑡 4+1
4. Solve: ∫ 𝑑𝑡
𝑑𝑥 𝑥 𝑡 2+1
5. Solve the difference equation: x t + 3xt-1 + 8 = 0 and x0 = 16. comment on the nature
6. Find the area of the region between the curve y = 2x –x2, 0 <x < 3 and the x-axis.
7. (a) Calculate:
𝑑 𝑥2 −𝑢2
(ii) ∫ 𝑒
𝑑𝑥 𝑥
du
Page 78