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UGBS 202 – BUSINESS MATHEMATICS

TRIAL QUESTIONS (CONCEPT AND APPLICATIONS OF INTEGRATION)

1 3
1. Verify that F ( x )= x +5 x+2 is an antiderivative of f ( x )=x 2 +5
3
1 kx
2. Use the method of substitution to show that ∫ e dx= e + c
kx
k
3. Find the integral of the following:

x
4
1
a. ∫ x dx b. ∫ 2 dx c. ∫ dx
4

x √ x3
2
x+ 5 x 1
d. ∫ e. ∫ f. ∫ ( 5 x−2 )
10
dx dx
x
2
5 x−2

4. Evaluate the following


4
3 x +5
∫ ( x + 2 x ) dx b. ∫ ( x +1 ) dx c. ∫ 3
4 3
a. dx
√x
2
8 2 3 3 4 x 4
d. ∫ x + 7 x −5 x +4 x + x e −6 x dx
4
3x
5. The slope of a tangent line to a curve is4 x3 +2 x 2+ 4 . This holds for every value of x,
which passes through the point (3, 4). Find the equation of the curve.

6. Use the method of substitution to evaluate the following integrals


2 x2
∫ ( x +1 )20 dx b. ∫ 3 x 2 ( x 3 +7 ) dx c. ∫
7
a. 3
dx
x +1

x2 e2 x
d. ∫ 3 dx e. ∫ 2 x dx b.
x +1 e +8
x −3 x 2+ 3 x + 4
4
∫ 4 x105 −2 3 2
x +3 x +8 x +5
dx

ds 2
7. Suppose the savings rate is given by =2.1 t + 65.4 t+ 491.6. Find the equation for the
dt
amount saved.

8. Evaluate the following definite integrals:


1 10 1
1 x
a. ∫x 4
dx b. ∫ c.∫
0 5 x 0 1+ x 2
1 1 1 1
x
d.∫ x ( 3 x +1 ) e. ∫ x e f. ∫
5
2 2 4 x
dx
0 0 0 x−1
9. The marginal cost of a manufacturer is given as 7 q 2−50 q+500 for the production of q
units. The total cost of producing the first 4 units is GHS 800. Find the total cost of
producing 8 units.

10. The marginal revenue of producing x items is given by R=−4 x +8 , determine


a. The revenue function
b. The demand function

11. A consignment of 5000kg of cereal is received from suppliers and will be used at a rate of
1250kg per month. This is to be used over the next 5 months. If t is the number of months
and costs of storage is given as 1 pesewa per kilogram per month, find the total storage
cost over the next five months. Assume that there is no cost at the time the consignment
arrives.

12. The marginal cost and marginal revenue for x items is given by C ' ( x )=70 and
'
R ( x ) =−0.1 x +900 . If overhead cost is 800, determine the profit function, the profit
maximising output and the actual maximum profit.

13. Sales at a department store is currently GHS 10000 but currently declining at a rate of
2
10 t dollars per month in t months from now. If the store is profitable as long as sales is
5

above 8000 per month;

a. Find an expression for the expected sales in t months


b. What is the sales figure to be expected in 2 years from now?
c. How many months must the store remain profitable?

dC 2
14. The marginal cost of a manufacturer is given as =0.003 q +0.4 q +40 . If the total cost
dq
is 27.5 for 50 units and the fixed cost is 5000, what is the average cost of producing 100
units?

15. The marginal cost of producing a certain commodity is 6 q +1 where q is the quantity of
unis being produced.

a. Find the total cost of producing the first ten units


b. Find the total cost of producing the next ten units

16. A demographer estimates that the population of inmates at the Nsawam prisons will
increase at the rate of 298 e 0.8 x per year in x years. Currently there are about 7800 inmates
at the prison. How many inmates should the prison authorities expect 10 years from now?

dr 2
17. A producer determined that his marginal revenue is given as =100−3 q . Find the
dq
point elasticity of demand.
18. Use the trapezoidal rule to evaluate the following integral:
4 1
170
∫ b. ∫ e
2
−x
a. 2
dx, n=6 dx
−2 x +1 0

19. Use the Simpson’s rule to approximate the total revenue from the total production and
sale of 80 units of a product given the values of the marginal revenue functions as
follows:
q (units) 0 10 20 30 40 50 60 70 80
dr
(per
dq 10 9 8.5 8 8.5 7.5 7 6.5 7
unit)

20. A manufacturer estimated that both the marginal cost and the marginal revenue at various
levels of output. These estimates are as given in the following table:
q (units) 0 20 40 60 80 100
MC 260 250 240 200 240 250
MR 410 350 300 250 270 250

a. Using the trapezoidal rule, estimate the total variable costs of production for 100 units
b. Using the trapezoidal rule. Estimate the total revenue from the sale of 100 units
c. If we assume that maximum profit occurs when MR=MC, estimate the maximum
profit if fixed costs are 2000

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