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11th Standard English Medium Economics Subject Mathematical Methods for Economics Creative 5 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 25

    5 Marks

    5 x 5 = 25
  1. What are the steps involved in making presentation?

  2. Explain the Integral Calculus?

  3. Solve by Cramer's rule
    \(2{ x }_{ 1 }+3{ x }_{ 2 }=7;\)
    \(2{ x }_{ 1 }+{ x }_{ 2 }=5\)

  4. Total cost of the goods produced by a firm is TC(Q) = 192 + 48Q + 4Q2. Find the (i) Marginal cost, (ii) Average cost, (iii) Fixed cost, (iv) Average variable cost and (v) Average fixed cost.

  5. If the demand function is \(x=\frac { 100 }{ p } ,\ find\ { e }_{ d }\) with respect to price at the point where P = 2.

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