4:03 76% ןה. lוa+ ECON1003_Altern...2_ 2019-2020 - Read-only Read Only - You can't save changes to t.. shown including formulae where applicable. Question 1 (a) The cost of producing 5-gallon water bottles is given by C(q) = 0.005q² + 2q + 1000. If 2000 5-gallon water bottles are produced, find the (i) total cost (ii) average cost (iii) marginal cost (iv) marginal average cost Sßx² (b) Suppose that f(x) = {Bx - 3 (Bх + 2 if if Find the value of ß so that f(x) is continuous everywhere along the real line. (c) The demand for watches is given by p = 7000 – 2q dollars, and the supply of watches is given by p = 0.01q² + 2q + 1000 dollars, where q is the number of watches demanded and supplied when the price per watch is p dollars. Based on the information provided, calculate the equilibrium quantity and the equilibrium price for watches. (d) Show that x² – 4 is a factor of x* – 5x3 + 2x? + 20x – 24. Page 2 Question 2 (a) For matrix A = (5 ), if g(X) = x² + 4x + 2, what is the answer to g(A)? (b) Using algebra, find the solution to the system of inequalities below y<5- 3x у+ 192 х2 - 8х

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter4: Eigenvalues And Eigenvectors
Section4.6: Applications And The Perron-frobenius Theorem
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4:03
76% ןה. lוa+
ECON1003_Altern...2_ 2019-2020 - Read-only
Read Only - You can't save changes to t..
shown including formulae where applicable.
Question 1
(a) The cost of producing 5-gallon water bottles is given by
C(q) = 0.005q² + 2q + 1000.
If 2000 5-gallon water bottles are produced, find the
(i) total cost
(ii) average cost
(iii) marginal cost
(iv) marginal average cost
Sßx²
(b) Suppose that f(x) = {Bx - 3
(Bх + 2
if
if
Find the value of ß so that f(x) is continuous everywhere along the real line.
(c) The demand for watches is given by p = 7000 – 2q dollars,
and the supply of watches is given by p = 0.01q² + 2q + 1000 dollars,
where q is the number of watches demanded and supplied when the price per
watch is p dollars. Based on the information provided, calculate the equilibrium
quantity and the equilibrium price for watches.
(d) Show that x² – 4 is a factor of x* – 5x3 + 2x? + 20x – 24.
Page 2
Question 2
(a) For matrix A =
(5 ), if g(X) = x² + 4x + 2, what is the answer to g(A)?
(b) Using algebra, find the solution to the system of inequalities below
y<5- 3x
у+ 192 х2 - 8х
Transcribed Image Text:4:03 76% ןה. lוa+ ECON1003_Altern...2_ 2019-2020 - Read-only Read Only - You can't save changes to t.. shown including formulae where applicable. Question 1 (a) The cost of producing 5-gallon water bottles is given by C(q) = 0.005q² + 2q + 1000. If 2000 5-gallon water bottles are produced, find the (i) total cost (ii) average cost (iii) marginal cost (iv) marginal average cost Sßx² (b) Suppose that f(x) = {Bx - 3 (Bх + 2 if if Find the value of ß so that f(x) is continuous everywhere along the real line. (c) The demand for watches is given by p = 7000 – 2q dollars, and the supply of watches is given by p = 0.01q² + 2q + 1000 dollars, where q is the number of watches demanded and supplied when the price per watch is p dollars. Based on the information provided, calculate the equilibrium quantity and the equilibrium price for watches. (d) Show that x² – 4 is a factor of x* – 5x3 + 2x? + 20x – 24. Page 2 Question 2 (a) For matrix A = (5 ), if g(X) = x² + 4x + 2, what is the answer to g(A)? (b) Using algebra, find the solution to the system of inequalities below y<5- 3x у+ 192 х2 - 8х
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