Reg. No.

MANIPAL ACADEMY OF HIGHER EDUCATION

DEEMED UNIVERSITY

DUBAI CAMPUS FIRST SEMESTER BBA DEGREE EXAMINATION JANUARY 2008 SUBJECT: MATHEMATICS FOR BUSINESS [MAT 101] Time available: 3 hours Maximum Marks : 100 ----------------------------------------------------------------------------------------------------------Answer any five questions (Qn.1 is compulsory) 1. 5 * 20 = 100

a] State and explain the properties of the determinant of a matrix with suitable examples OR explain the Cramers rule to find the inverse of a matrix. b] State and prove the properties under Matrix multiplication OR Explain ten types of matrices with suitable examples x + 3y + 2z = 2 a] Solve using matrices : 2 x y 2 z = 1 3x + 2 y = 3 4 1 3 b] Find A3 + 4A2 3A + 2I given A = 3 2 5 2 4 3

2.

3.

a] Suppose a simple economy has three industries Service, Manufacturing and Agriculture. The matrix A pertains to the proportion of technological contribution from three areas X (row 1), Y(row 2) and Z (row 3). The economy is working on inputs from 24 service units, 62 manufacturing units and 32 agricultural units. Find the gross production / output in each industry. {Hint : Output = Technology X input} 0.5 A = 0.3 0.1 0.1 0.5 0.3 0.1 0.2 0.4

 4 2 2 b] Find A , given A = 6 3 0 1 0 2
-1

4.

a] Differentiate the following function w.r.t. x: (i)

y = x 1
2

ex (ii) y = x3 + x 2 1
(i)

(iii) log(log(log(x)))

b] 5.

Evaluate

(x

x2
3

1)

dx

2 3x (ii) x e dx

a] Suppose the price function based on number units x of some article is p(x) = 75 2 x and the cost function is C(x) = 350 + 12 x + [x 2 /4 ]. Find the number of units and the price at which the total profit is maximized. What is the maximum profit? b] Suppose the daily sales (S in dollars) after t days of an advertising campaign is (500 t 2 ) S = 1000 + ; t 0 , find the Marginal change in Sales. What is the 2 maximum possible sale?

6.

a] Find the maximum and minimum value of y, given y = y=8x 5 -15x 4 +10x 2 b] The XYZ company limited has the marginal cost function approximated by MC = 23 + 16x 3x 2. The total cost of producing one unit is 40. Obtain the total cost function and the average cost function. a] The demand function for a certain product is represented by the equation p = 300 6x2, where p is the price per unit and x is the number of units demanded. Find the revenue function. Evaluate when the revenue is maximum.

7.

b] Evaluate

x3 + 2 x 2 4 dx x