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Quantitative Techniques

Q4. Find elasticity of demand of the function x=150-5P at (1) P=15, (2) P=20. (5 marks)
Q5. Find dy/dx of the following cases 1. y=x2 log x. 2. log x /x. (5 marks )
Q7. A revenue function is given by R= 35x-2x2 where R is the revenue and x is the quantity. What value of x maximizes revenue? What is the Maximum Revenue? (5 marks )
Q8. If a person deposits on a recurring deposit scheme, monthly Rs. 1500 for 4 years at 15% per annum, what would be the sum that can be received at the end of 4 years. ( 5 marks )

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