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END-TERM EXAMINATION
FIRST SEMESTER [BBA] - DECEMBER 2004
Paper Code: BBA 105 Time : 3 Hours Subject: Business Mathematics (Reappear) Maximum Marks : 75

Note: Attempt any five questions. All questions carry equal marks.

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Q.2

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Q.1 A A B 20 10 demand

(a) If A = 4

1 2u 2u u = , + . (b) If ax + by find the value of x 2 y 2


0 4 1 -1 A = 2 2 5 (c) Find A , if 3 1 2
(d) How many arrangement can be made with the letters of the word MATHEMATICS and in how many of them vowels occur together? (e) Using the principle of mathematical induction, show that 1+2+3+. + n = (n(n+1))/2. (a) Solve the following system of equations by using Gauss Elimination method x-2y+3z = 4 2x+y-3z = 5 -x+y+2z = 3 (b) The inter-relationship between the production of two industries A, B, in a year is given by B 30 20 Current demand Total output 50 30 100 60

Find the total output of each industry required to meet a future

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60 . 10

2 3 , then find a matrix B such that 2A + 3B = A 2. 7

:: 3 ::

:: 3 ::

Q.3

(a) Show that the function f(x, y) = y2 + x2y + x4 has (0, 0) as the only critical point, and that f(x, y) has a minimum at this point. (b) Find maximum profit of a firm which has the following total revenue and total cost functions

Q.7

(a) find the marginal utilities with respect to two commodities x1 and x2 when X1 =1 and X2 = 2 units of the two commodities are consumed and if the utility function of X1 and X2 is given by u = (x1 + 3) (x2 + 5). (b) Define Cobb-Douglas production function. If K and L are inputs of capital and labour, then show that the production function given by Q = 7L3/7 K4/7 , L> 0, K > 0 is a strict Cobb-Douglas production function.

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dy = ex + y dx
dy y y 2 = + dx x x 2

TR = 100 x x 2 TC = x 3 57 x2, 2
where x is level of output. Q.4 (a) Find maxima and minima of x2 + y2 = 4 subject to the condition 2x2 + 4xy + 3y 2 = 1. (b) Show that MR = AR Q.5

(a) A shop sells 20 table fans, 30 ceiling fans and 10 pedestal fans in a month. The price of a table fan is Rs.300; that of a ceiling fan is Rs.400 and of pedestal fan is Rs.500. The cost to the shop is Rs.220 for one table fan, Rs.325 for a ceiling fan and Rs.400 for a pedestal fan. Find the monthly profits of the shop. (b) A company 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 + x2. Determine the profit maximizing output and the total profit at the optimal output.

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( ), where is the price elasticity of demand.


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Q.8 (i) (ii) 3

(a) What is an Input Output Model of an economy. State the Hawkins Simon conditions for the viability of an input output model.

(b) Solve the following differential equations.

Q.6

(a) If ed is the price elasticity of demand, then show that e d =

(b) Let the cost of a machine be Rs.26000 and let its scrap value be Rs.6000 at the end of 10 years. Using sum of the years digit method calculate the depreciation fund and book value of machine.

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AR . AR MR

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