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    Dee Wos
    This document contains 3 groups of questions for a mathematics exam: Group A contains 10 multiple choice questions covering topics like linear equations, quadratic equations, differentiation, logarithms, and series. Group B contains 5 short answer questions involving interest calculation, demand/supply graphs, sketching a parabola, solving systems of equations, and annuity calculations. Group C contains 1 long answer question involving profit maximization for a firm with given total cost and revenue functions, finding the profit-maximizing output level and determining where the profit curve is concave up or down.

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    Question

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    Dee Wos
    25 views3 pages
    This document contains 3 groups of questions for a mathematics exam: Group A contains 10 multiple choice questions covering topics like linear equations, quadratic equations, differentiation, logarithms, and series. Group B contains 5 short answer questions involving interest calculation, demand/supply graphs, sketching a parabola, solving systems of equations, and annuity calculations. Group C contains 1 long answer question involving profit maximization for a firm with given total cost and revenue functions, finding the profit-maximizing output level and determining where the profit curve is concave up or down.

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    This document contains 3 groups of questions for a mathematics exam: Group A contains 10 multiple choice questions covering topics like linear equations, quadratic equations, differentiation, logarithms, and series. Group B contains 5 short answer questions involving interest calculation, demand/supply graphs, sketching a parabola, solving systems of equations, and annuity calculations. Group C contains 1 long answer question involving profit maximization for a firm with given total cost and revenue functions, finding the profit-maximizing output level and determining where the profit curve is concave up or down.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    25 views3 pages

    Question

    Uploaded by

    Dee Wos
    This document contains 3 groups of questions for a mathematics exam: Group A contains 10 multiple choice questions covering topics like linear equations, quadratic equations, differentiation, logarithms, and series. Group B contains 5 short answer questions involving interest calculation, demand/supply graphs, sketching a parabola, solving systems of equations, and annuity calculations. Group C contains 1 long answer question involving profit maximization for a firm with given total cost and revenue functions, finding the profit-maximizing output level and determining where the profit curve is concave up or down.

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    Group A

    Answer the following questions: [10x1=10]


    1) Find the equation of straight line passing through the points (4, 15) and
    (7,6).
    2) Determine whether the following system of linear equations have a unique
    solution or many solution or no solution.

    5x + 3y = 8

    10x - 4y = 16

    3) Form a quadratic equation whose roots are (1,-1).


    4) Find the nature of the following equation: 5x2 +2x + 10= 0.
    5) Differentiate the following: y=ex.
    6) Solve: 39-x 9x = 35
    7) Given the national income model Y = E, E = C + I, C =200 + 0.2Y, I 0 = 32.
    Determine the equilibrium level of income.
    8) The population of a country is changing according to the equation P=8e -
    0.0001t
    where t is in years, P is in millions. Calculate the number of population
    at the end of 16 years.
    9) Solve: 4 log4 x -4 log3 x = 4
    10) Which term of the series23+ 17+12 + 7 + 2 - ……? Is – 58?

    Group (B)
    Short answer question: [10x4=40]
    11) The difference between the simple and compound interest on a
    certain sum for two years at 14% p.a. is Rs. 320. What is the sum?
    12) The demand and supply functions.
    Pd =800- 0.03Qd

    Ps =300 + 0.02Qs

    a. Calculate the equilibrium price and quantity graphically and algebraically.


    b. Calculate the values of consumer and producer surplus at market
    equilibrium
    c. The value of total surplus.

    13) Sketch the graph of parabola y = 2x2 – 3x – 8. Find vertex, intercepts,


    domain and range.
    14) Solve the following equations.
    7x – 8y +3 z = 7
    12x +1 3y –6 z = 4
    3x + 16y – z = 3
    15) a. The sum of series in G.P. is 628 whose common ratio is 4 and the
    last term is 466. Find the first term.
    16) Find the amount of an annuity of Rs. 400 a year for 25 years at 15%
    p.a. compound interest. How much more would it amount to if it has been
    an annuity due?
    17) Use Bisection method to find the solution accurate to within 10 -2 for
    f(x) = x3 + 3x2 – 8 = 0.
    18) Machinery costing Rs. 650,000 has an estimated life of 12 yrs. If in 12
    yrs, its cost is reduced by Rs.350, 000, find the rate of compound
    depreciation.
    19) The following are the annual sales of computer in thousand units.

    Years 2006 2007 2008 2009 2010 2011 2012

    No. of Computers 88 94 96 89 97 100 99


    in `000’ units
    a. Determine the trend line by method of least squares.
    b. Estimate the number of computers in 2014.
    20) The supply and demand for a good are Q s = 20 + 6Ps and Qd = 100 –
    8Pd respectively, the government decides to impose a tax, t per unit of
    good. Find the value of t that maximizes government total tax revenue on
    the assumption that equilibrium conditions prevail in the market. For this
    level of tax find (a) the equilibrium price and quantity (b) the total tax
    raised.

    Group (C)
    Long Answer Questions:
    [1x20=20]
    21) A firm has the following total cost and demand function for a
    company are

    TC = 1/3 Q3 – 15Q2 + 480Q + 750, P = 536 - 2Q

    a. Find the revenue function and profit function.

    b. Determine the level of output Q for which profit is maximized and


    minimized.

    c. Also find the marginal profit and find the maximum value of marginal
    profit.

    d. Determine the intervals at which the curve for the profit is concave
    upward and concave downward.
    [2+6+6+6]

    THANK YOU

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