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11th Standard English Medium Economics Subject Mathematical Methods for Economics Creative 3 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 15

    3 Marks

    5 x 3 = 15
  1. Discuss the application of Differential calculus?

  2. What is Elasticity of Demand?

  3. The demand and supply curves are given by \({ p }_{ d }=\frac { 16 }{ x+4 } and\ { p }_{ s }=\frac { x }{ 2 } \) Find the consumer's surplus and Producer's surplus at the market equilibrium price.

  4. Write a short note on MS Excel work sheet.

  5. Find the equation of a straight line which passes through two points (2, 8) and (4, 4) which are (X1 , Y1) and (X2 , Y2 ) respectively.

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