Paper: QUANTITATIVE TECHNIQUE (1C) Specific Instructions:

Answer all the four questions. Marks allotted 100.

General Instructions:

The Student should submit this assignment in the handwritten form (not in the typed format) dept The Student should submit this assignment within the time spe ified by the e!am

"a h #uestion mentioned in this assignment should be answered within the word limit spe ified The student should only use the $ule sheet papers for answering the questions. The student should atta h this assignment paper with the answered papers. omply with the abo&e %i&e instru tions would lead to re'e tion of

%ailure to assignment.

Question No - 1 a. )im + ,0 b. )im !,a (ro&e that ea! * eb! ! "&aluate the following limitl! . al !*a

. /f M$ 0 A$ (1 . 11 nd ) 2 where nd is pri e elasti ity of demand2 find the limit of M$ when the elasti ity tends to infinity and interpret phenomenon.

d.

/f y 0

1.! 14!

pro&e that (1 * !3)dy1d! 4 y 0 0

e.

/f !y 0 e! * y 2 pro&e that dy1d! 0 log ! 1 (1 4 log !)3

f.

5ifferentiate !! with respe t to !.

g.

%or the equation a !3 4 3h!y 4 b y3 0 1 2 &erify that (dy1d!) ! (d!1dy) 0 1

Question No 2 a. "!amine for ma!imum or minimum &alues of the fun tion (1 * !) 3 e!

b. The differen e of two numbers is 100. The square of the larger one e! eeds fi&e times the square of the smaller one by an amount whi h is ma!imum. %ind the numbers. . A monopolist6s demand ur&e is- p 0 300 . 7q. %ind marginal re&enue fun tion. 8hat is the relationship between the slopes of the a&erage and marginal re&enue ur&es9 At what pri e is marginal re&enue is :ero9 d. %ind the elasti ity of demand and supply at equilibrium pri e for demand fun tion p 0 100 . !3 and supply fun tion ! 0 3p . 102 where p is pri e and ! is quantity. e. /f n1 and n3 be the pri e elasti ities of supply laws p 0 e ! and p 0 (e! 1!) respe ti&ely. Show that n1 n3 0 n3 . n1

Question No 3 a. A steel plant is apable of produ ing ! tones per day of a low*grade steel and y tones per day of a high*grade steel2 where y 0 (;0 . 7!)1(10 . !). /f the fi!ed market pri e of low*grade steel is half of that of high*grade2 show that about 7.7 tones of low*grade steel are produ ed per day for ma!imum total re&enue. b. /f f(!2 y) 0 (!< 4 y<)1(! . y)2 (!2 y) = (02 0) and f(02 0) 0 02 then show that f !y = fy! at origin. . d. /f !y 4 y! 0 ab 2 find dy1d! >erify "uler6s theorem for the fun tion :0 !< log(y1!)

Question No 4 a. ?sing al ulus2 show that- M$ 0 A$ (1 . 11 nd ) and &erify for the demand fun tion ! 0 (a*p)1b 2 b =0. b. The produ tion fun tion of a firm is gi&en as- # 0 @ ) A . ) 3 .A32 ) B02 A B0. %ind the marginal produ ti&ities of labour ()) and Capital (C). and also show that ) D#1D) 4 A D#1DA 0 3#. . "&aluate the following integralsEd!1(!3 . 1F) and E(!41)d!1(<43!*!3)