W1-2-60-1-6

JOMO KENYATTA UNIVERSITY

OF
AGRICULTURE AND TECHNOLOGY
UNIVERSITY EXAMINATIONS 2013/2014
EXAMINATION FOR THE DEGREE OF BACHELOR OF ECONOMICS

SMA 2101: CALCULUS I

DATE: AUGUST 2013 TIME: 2 HOURS

INSTRUCTIONS:

ANSWER QUESTION ONE AND ANY OTHER TWO QUESTIONS

QUESTION ONE (30 MARKS)

a) Evaluate the following limits

x 4−81
i. lim
x →3
(
x−3 ) (2mks)

x 3 + x 2−2 x+10
ii.
x→ ∞
lim (
x 2−2 x−100 ) (2mks)

b) Find the derivative of y(x)=x2+2x-3 from first principle (4mks)

c) Find the rate of change in y with respect to x
x2 −1
i. y(x)=
√ 2 x +1
(4mks)
ii. y(x)=x2Inx (1mk)
3 2 3 2 2
iii. x -x y =10(x +y ) at (1, 2) (4mks)
d) Determine the values of a and b, so that the function f(x) is continuous for all x
1 if x ≤ 3
{
f(x)= ax +b if 3< x<5
7 if 5 ≤ x
(4mks)

e) The total cost c(x) associated with producing and marketing x units of an item is given by
c(x)=0.005x3-0.02x2-30x+3000, find
i. Total cost when output is 4 units (1mk)
ii. Average cost of output of 10 units (2mks)
 iii. Marginal cost when output is 3 units (2mks)
f) Under perfect competition the price per unit of sh. 6 has been determined. An individual
x3
firm has a total cost function given by c(x)=10+15x-5x2+
3
Find the quantity produced at which profit will be maximum and the amount of
maximum profit. (4mks)

QUESTION TWO (20 MARKS)

dy
a) Find given
dx

1−2 x 2
i. y=
√ 1+ e
(4mks)
2x

1 1
ii. y= −
√ x +1 √ x−1
(3mks)
x3
iii. y x - =10( x2 + y 3 ) at (2, 1)
2
(4mks)
y

b) For a firm under perfect competition it is given that the price per unit of the commodity
1 3 2
is p=sh. 19, c(q)= q −5 q +28 q +27 , where p stands for price per unit, q units of
3
output and c total cost. Find

i. Quantity produced at which profit will be maximum and the amount of

maximum profit. (5mks)
ii. What happens to equilibrium output and maximum profit when p=sh12 (4mks)

QUESTION THREE (20 MARKS)

a) Evaluate

i. ∫ x ❑−3 x ❑+10 ¿ dx ¿ (2mks)

2X
ii. ∫ dx
√ 1−3 x 2
(4mks)
2 1

iii. ∫∫ x 2− y 3 x−10 x y −6] dy dx (4mks)

1 0

b) The marginal cost of production is found to be MC=1000-20x+x 2, where x is the number

 of units produced. The fixed cost of production is sh.9000. Find the cost function. (4mks)

c) The ABC co ltd has approximated the marginal revenue function for one of its products
by MR=20x-2x2. The marginal cost function is approximated by MC=81-16x+x 2.
Determine the profit maximizing output and the total profit at the optimal output(6mks)

QUESTION FOUR (20 MARKS)

dy 7 x−5
a) Use first principle to find given that y(x)=
dx x−3
(5mks)

dy
b) Find given (i) y=I+Inx3-sin x2
dx
(2mks)

x2 −9 x+20
c) Is f(x)= defined for all values of x?
x −4
(3mks)

d) i) Determine price elasticity of demand and marginal revenue in q=30-4p-p 2 where q is

the quantity demanded and p is the price and p=3.

50−x
ii) The demand curve of a monopolist is given by p= . Find the marginal revenue for
5
any

output x. What is the MR when x=0 and x=25? (10mks)