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Exam 16 May 2013, questions

Mathematics 1 (University of London)

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BSc degrees and Diplomas for Graduates in Economics, Management, Finance and the
Social Sciences, the Diplomas in Economics and Social Sciences and Access Route

Mathematics 1

Wednesday, 08 May 2013 : 10.00am to 12.00pm

Candidates should answer all EIGHT questions: all SIX questions of Section A (60 marks in
total) and BOTH questions from Section B (20 marks each). Candidates are strongly advised
to divide their time accordingly.

Graph paper is provided at the end of this question paper. If used, it must be detached and
fastened securely inside the answer book.

Calculators may not be used for this paper.


© University of London 2013

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Answer all six questions from this section (60 marks in total).

1. Let f and g be functions with f (x) = 2x2 + 4x + 2 and

g(x) = x2 + 2x − 3.

(a) Show that the graphs of the functions f and g do not

(b) Sketch the graphs of both functions on the same diagram.
(c) For a constant c, let h be the function with
h(x) = x2 + 2x + c. Find the values of c for which the
graphs of f and h intersect.

2. Solve the following system of linear equations, using a matrix


x − y + z = −3,
−3x + 4y − z = 2,
x − 3y − 2z = 7.

3. Find the critical (or stationary) points of the function

f (x) = x4 e−x . Determine the nature of each critical point.

4. Determine the integrals

x2 − 3x + 2
Z p √
1+ x
√ dx,
x3 ln(x2 − 1) dx.

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5. The function f (x, y) is given by

f (x, y) = xy ln ,
∂f ∂f
for x, y > 0. Find the partial derivatives and .
∂x ∂y
Verify that
∂f ∂f
x +y = 2f (x, y).
∂x ∂y

6. A consumer can buy quantities of two goods, X and Y . If she

buys x units of X and y units of Y , then her utility is
u = xy 3/2 . Each unit of X costs 1 dollar and each unit of Y
costs 2 dollars. Given that the consumer has a budget of 100
dollars, determine the number of units of each good she
should buy in order to maximize u.

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Answer both questions from this section (20 marks each).

7. (a) A graduate starts work with an organisation for a salary in

year 1 of $S. At the beginning of each subsequent year, his
salary increases by 5% plus an additional amount of $500.
(So, for instance, if his salary in year 1 was $20000 then his
salary in year 2 will be $21500.) Determine an expression, in
as simple a form as possible, for his salary in year N + 1 of his

(b) The function f is given, for x, y 6= 0, by

4 2y
f (x, y) = x + − .
y x
Show that f has one critical (or stationary) point and
determine what type of critical point this is.

8. (a) If a company uses k units√of capital and l units of labour,

then its output is Q = k 1/3 l. Each unit of capital costs the
company 20 dollars and each unit of labour costs the
company 10 dollars. Use the method of Lagrange multipliers
to find, in terms of Q, the company’s minimum total
expenditure on capital and labour.

(b) Show that the only critical point of the function

f (x, y) = −x4 − x2 y 2 + y 4

is (0, 0). By considering f (x, 0) and f (0, y), or otherwise,

determine the nature of this critical point.


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