Chapter 3: Integral Calculus II January 13, 2025 Maven Leave a Comment Welcome to your Chapter 3: Integral Calculus II 1. The producer’s surplus when the supply function for a commodity is $P = 3 + x \; and \; x_{0} = 3 $ is $\dfrac{5}{2}$ $\dfrac{9}{2}$ $\dfrac{3}{2}$ $\dfrac{7}{2}$ None 2. The demand and supply function of a commodity are $D(x)= 25 − 2x$ and $S(x) = \dfrac{10+x}{4} $ then the equilibrium price $P_{0}$ is $5$ $2$ $3$ $10$ None 3. When $x_{0}=5 \; and \; p_{0}=3$ the consumer’s surplus for the demand function $p_{d} = 28 − x^{2} $ is $250 units$ $\dfrac{250}{3}units$ $\dfrac{251}{2}units$ $\dfrac{251}{3}units$ None 4. When$ x_{0}=2 \; and \; p_{0}=12 $ the producer's surplus for the demand function $p_{S} = 2x^{2}+4$ is $\dfrac{31}{5}units$ $\dfrac{31}{2}units$ $\dfrac{32}{3}units$ $\dfrac{30}{7}units$ None 5. If MR and MC denote the marginal revenue and marginal cost and $MR − MC = 36x − 3x^{2} − 81, $ then the maximum profit at x is equal to $3$ $6$ $9$ $5$ None 6. The demand function for the marginal function $MR = 100 − 9x^{2}$ is $100-3x^{2}$ $100x-3x^{2}$ $100x-9x^{2}$ $100x+9x^{2}$ None 7. The demand and supply function of a commodity are $P(x)= (x − 5)^{2} $ and $ S(x)= x^{2} + x + 3 $ then the equilibrium quantity $x_{0}$ is $5$ $2$ $3$ $1$ None 8. Area bounded by $y = x$ between the lines y = 1, $ y = 2\; with \; y = axis$ is $\dfrac{1}{2}units$ $\dfrac{5}{2}units$ $\dfrac{3}{2}units$ $1 sq.unit$ None 9. The marginal cost function is $MC = 100\sqrt{x}$ find AC given that TC =0 when the out put is zero is $\dfrac{200}{3}x^{\frac{1}{2}}$ $\dfrac{200}{3}x^{\frac{3}{2}}$ $\dfrac{200}{3x^{\frac{3}{2}}}$ $\dfrac{200}{3x^{\frac{1}{2}}}$ None 10. For the demand function p(x), the elasticity of demand with respect to price is unity then revenue is constant cost function is constant profit is constant none of these None 11. If the marginal revenue of a firm is constant, then the demand function is $MR$ $MC$ $C(x)$ $AC$ None 12. Area bounded by $y = e^{x}$ between the limits 0 to 1 is $( e −1) sq.units$ $( e +1) sq.units$ $( 1-\dfrac{1}{e}) sq.units$ $( 1+\dfrac{1}{e}) sq.units$ None 13. Area bounded by $ y = x$ between the limits 0 and 2 is $1 sq.units$ $3 sq.units$ $2 sq.units$ $4 sq.units$ None 14. The area bounded by the parabola $y^{2} = 4x$ bounded by its latus rectum is $\dfrac{16}{3}sq.units$ $\dfrac{8}{3}sq.units$ $\dfrac{72}{3}sq.units$ $\dfrac{1}{3}sq.units$ None 15. For a demand function p, $if\; \displaystyle \int_{}^{}\frac{dp}{p}=k,\; \displaystyle \int_{}^{}\frac{dx}{x}, \;$ then k is equal to $\eta_{d}$ $-\eta_{d}$ $\dfrac{-1}{\eta_{d}}$ $\dfrac{1}{\eta_{d}}$ None 16. The marginal revenue and marginal cost functions of a company are MR = 30 − 6x and MC = −24 + 3x where x is the product, then the profit function is $9x^{2} + 54x$ $9x^{2} - 54x$ $54x-\dfrac{9x^{2}}{2}$ $54x-\dfrac{9x^{2}}{2}+k$ None 17. If the marginal revenue function of a firm is $MR=e^{\frac{-x}{10}}$ then revenue is $-10e^{\frac{-x}{10}}$ $1-e^{\frac{-x}{10}}$ $10 (1-e^{\frac{-x}{10}})$ $e^{\frac{-x}{10}}+10$ None 18. Area bounded by the curve $y =\dfrac{1}{x}$ between the limits 1 and 2 is $log 2 sq.units$ $log 5 sq.units$ $log 3 sq.units$ $log 4 sq.units$ None 19. Area bounded by the curve $y = x (4 − x)$ between the limits 0 and 4 with x − axis is $\dfrac{30}{3} sq.units$ $\dfrac{31}{2} sq.units$ $\dfrac{32}{3} sq.units$ $\dfrac{15}{2} sq.units$ None 20. Area bounded by the curve $y = e−2x$ between the limits $0 \le x \le \infty$ is $1 sq.units$ $\dfrac{1}{2} sq.units$ $5 sq.units$ $ 2 sq.units$ None 21. If MR and MC denotes the marginal revenue and marginal cost functions, then the profit functions is $P = \displaystyle \int_{}^{}(MR − MC) dx + k$ $P = \displaystyle \int_{}^{}(MR + MC) dx + k$ $P = \displaystyle \int_{}^{}(MR)(MC) dx + k$ $P = \displaystyle \int_{}^{}(R-C)dx + k$ None 22. If the marginal revenue $MR = 35 + 7x − 3x^{2} , $ then the average revenue AR is $35x+\dfrac{7x^{2}}{2}-x^{3}$ $35+\dfrac{7x}{2}-x^{2}$ $35+\dfrac{7x}{2}+x^{2}$ $35+7x+x^{2}$ None 23. The demand and supply functions are given by $D(x)= 16 − x^{2}$ and $S(x) = 2x^{2} + 4$ are under perfect competition, then the equilibrium price x is $2$ $3$ $4$ $5$ None 24. The profit of a function p(x) is maximum when $MC − MR = 0$ $MC = 0$ $MR = 0$ $MC + MR = 0$ None 25. The given demand and supply function are given by $D(x)= 20 − 5x$ and $S(x) = 4x + 8$ if they are under perfect competition then the equilibrium demand is $40$ $\dfrac{40}{3}$ $\dfrac{41}{2}$ $\dfrac{41}{5}$ None Time's up Related Posts:Chapter 2: Integral Calculus IChapter 5: Differential CalculusChapter 1: Introduction to Micro EconomicsChapter 2. Consumption Analysis
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