MABS Institution
11th Economics Weekly Test - 1 ( Cost and Revenue Analysis )-Aug 2020
-
-
-
-
-
-
-
-
-
-
-
-
-
-
What is Average Revenue?
-
Define opportunity cost and provide an example.
-
Let the marginal cost function of a firm be 100 - 10x + 0.1x2 where x is the output. Obtain the total cost function of the firm under the assumption that its fixed cost is Rs.500.
-
-
A firm produces x tonnes of output at a total cost \({ C }_{ \left( x \right) }=\frac { 1 }{ 10 } { x }^{ 3 }-4{ x }^{ 2 }+20x+5\). Find (i) Average Cost (ii) Average Variable Cost (iii) Average' Fixed Cost. (iv) Marginal Cost and (v) Marginal Average Cost
-
Given TR=40Q\(-{ 3Q }^{ 2 }\) , find marginal revenue when Q=5
-
-
Find the value of the determinant of the matrix A = \(\left[ \begin{matrix} 3 & 4 & 5 \\ 4 & 5 & 6 \\ 5 & 6 & 7 \end{matrix} \right] \)
-
-
Mr.Anbu purchased 2 pens, 3 pencils and 1 note book. Mr.Barakath purchased 4 pens, 3 pencils and 2 notebooks. Mr.Charles purchased 2 pens, 5 pencils and 3 notebooks. They spent Rs.32, Rs.52 and Rs.60 respectively. Find the price of a pen, a pencil and a notebook.
-
Calculate the elasticity of demand for the demand schedule by using differential calculus method P = 60 - 0.2Q where price is (i)zero, (ii)Rs.20, (iii)40
-
-
Discuss the consumer's surplus?
-
Find the solution of the system of equations \(7{ x }_{ 1 }+{ 5x }_{ 2 }=89;{ 5x }_{ 1 }-6{ x }_{ 2 }=-13\)
-
Mr. Sivanesan purchased 5 apples, 6' mangoes and 10 bananas. Mr Subbu purchased 6 apples, 8 mangoes and 15 bananas. Mr. Rajan purchased 2 apples, 2 mangoes and 8 bananas. They spent Rs.100, Rs.130 and Rs.46 respectively. Find the price of an apple, a mango and a banana.