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Attempt any six qui:stions
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(a) if A:::ll 2)' then show that A -4A+3I=O, where r is the 2x;2 identify iT! ,:".
Ci2 (3) Solve the 'fO1!owing system of equation by using Gaus~~ t::',
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3x+4y+5z='lB
2x-y+8z:::'13
5x-2y+ 7z=20
~ AgriCU!ture '100
300 600 I
I Industry 400 1200 1 400
Find the gross output to meet the final demand o'f 200 units of /\, j; "J ,
and 800 units of industry.
(b) The demand function of a firm is given by 3p+x=48. Find the ,(;')E: ,Ji
output where total revenue is maximized. Aiso, if the averagH 'i iC!'.'; ,j]
marginal costs.
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) 04 (a) If 81 and 82 are price elasticities of demand for the demand b.-,', "',-
x=e-P/p,then show that 82=1 +£1, u~:
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(1:])Find rnaxima and fj]inima of ;/-;-~/:-:.;4 sutj-.:;ci: to the c-xvLLon
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and '!5 percent per annum. The combjn:::d incorne is Rs. 131(} and the
combined income of ths first and second inv8stment is Rs. 1';jOshort of the
income from the third. Find the- investment in each using determinant
method. {S)
(b) The marginal cost of production is given by MC=3x+4. If the initial cost is
Rs,10 find tot!31cost function. Also, if the price is fixed at Rs. 40 per unit,
find the revenue function and maximum profit. (51
06 (a) Show that the rate of fall of MR Curve is twice that of AR curve. (6)
(b) Let the cost of the machine be Rs. 30,000 and let its scrap value be Rs.
6,000 at the end of 10 years. Using sum of the years digit method
calculate the depreciation fund and the Book value of machine.. (8)
Q7 (a) For the demand function a aQ+bP-k=O, where a, band k are positive
constants, find the price elasticity of demand when marginal revenue is
zero. . (-5)
(b) The production function d 8 fjnn is gi'ven by O=4L3i4 K1/4, L>O, k>O. Find
th(:'! rilamine! .Droductivmesof labour (L
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