North South University

Department of Management
Final Examination
Fall 2020
BUS 135 (Applied Mathematics for Business)
Marks: 25; Time: 1 hour 25 minutes
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Answer the following questions

1. A firm produces 500 units production by using capital and labor in a day. If the firm’s MPPL is
150 5 x 3 , what is the amount of production after 18 units labors employed? 4

2. If the investment equation is I (t )  6 3

t 2 then what is the total capital after 3 years. What is the
capital in between 4 to 7 years? 2

3. If the demand curve equation is Q  20  3P and the supply curve equation is Q  5  2 P find the
total revenue, the consumer’s and producer’s surpluses (Find the inverse equations first then solve). 4

4. If the marginal cost of a firm is 24e 3 x and the fixed cost is 58, find the total cost function. What is
the average cost function? 3

5. The demand equation of a monopoly firm is: P 168  3Q 2 and the marginal cost is: MC  5Q  9 ,
then find the consumer’s surplus. 2

6. Evaluate three (3) indefinite and three (3) definite integrations (10 marks):

3 2x 2  1
 6 x ( x  2)dx  
2
I. II. xe 2 x dx III. dx IV.
7 x 3  2x

 1 
  1  x  3x dx

4 4 2
12 x5
 (8 x  2 x  3x ln xdx 
3
V.
2
 )dx VI. VII. dx VIII.
2
x 2 0 1  x6

 (4 xe
x
)dx
2
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