Mme 2
Mme 2
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Rahul Sir (SRCC Garduate , DSE Alumni)
RSG CLASSES
INTERMEDIATE MATHEMATICAL
METHOD OF ECONOMICS
BY RAHUL SIR
(SRCC GRADUATE , DSE ALUMNI)
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index
CHAPTERS No. CHAPTER NAME Page No.
1. Vecotrs 3-9
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chapter -1
vectors
1) Prove the Cauchy-Schwarz inequality: |𝑢. 𝑣| ≤ ||𝑢||||𝑣||, for arbitrary u and v in 𝑅𝑛 .
2) Prove that
i) ‖𝑎 − 𝑏‖2 = ‖𝑎‖2 − 2𝑎𝑏 + ‖𝑏‖2
ii) ‖𝑎 + 𝑏‖2 + ‖𝑎 − 𝑏‖2 = 2‖𝑎‖2 + 2‖𝑏‖2
3) Prove that ||𝑟𝑣|| = |𝑟|. ||𝑣|| for all r in R and v in 𝑅𝑛 .
4) Prove that for any vector u and any scalar k, ||𝑘𝑢|| = |𝑘|||𝑢||.
5) Prove triangle inequality||𝑢 + 𝑣|| ≤ ||𝑢|| + ||𝑣||:,for arbitrary u and u in 𝑅𝑛 .
𝑢.𝑣
6) Let u and v be vectors in 𝑅𝑛 . Prove that the angle between u and v is cos 𝜃 = ||𝑢||||𝑣||.
7) If ||𝑢 + 𝑣|| = ||𝑢|| + ||𝑣|| then prove that u and v are linearly dependent. But converse
is not true.
2 2 2
8) If u and v are two vectors in 𝑅𝑛 , then ||𝑢 + 𝑣|| = ||𝑢|| + ||𝑣|| if and only if u.v = 0.
9) If u and v are linearly dependent then prove that |𝑢. 𝑣| = ||𝑢||||𝑣||.
10) (a) Suppose that a, b, c ∈ 𝑅𝑛 are all different from 0 and that 𝑎 ⊥ 𝑏, 𝑏 ⊥ 𝑐, 𝑎 ⊥ 𝑐. Prove
that a, b and c are linearly independent.
(b) Suppose that 𝑎1 , … … . , 𝑎𝑛 are vectors in 𝑅𝑛 , all different from 0. Suppose that 𝑎𝑖 ⊥
𝑎𝑗 for all 𝑖 ≠ 𝑗. Prove that 𝑎1 , … … . , 𝑎𝑛 are linearly independent.
11) Prove:
(a) (𝑢 + 𝑣). 𝑤 = 𝑢. 𝑤 + 𝑣. 𝑤, where u, v, w are the vectors in 𝑅𝑛 .
(b) 𝑢. 𝑣 = 𝑣. 𝑢, where u and v are vectors in 𝑅𝑛 .
12) Prove:
(a) (𝑘𝑢). 𝑣 = 𝑘(𝑢. 𝑣), where u is the vector and k is scalar.
(b) 𝑢. 𝑢 ≥ 0, 𝑎𝑛𝑑𝑢. 𝑢 𝑖𝑓 𝑢 = 0.
14) Prove:
‖𝑢 + 𝑣‖2 + ‖𝑢 − 𝑣‖2 = 2‖𝑢‖2 + 2‖𝑣‖2
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15) Let a and b be non-zero vectors in 𝑅2 . show that if a and b are orthogonal, then for any
number: 𝜆 𝜖 𝑅, ‖𝑎 + 𝜆𝑏‖ > ‖𝑎‖.
5 12
16) Show that the vectors 𝑥 = [ ] ; 𝑦 = [ ] are orthogonal. Are they also a pair of
−4 15
orthonormal vectors? [No]
19) For what values of x is the scalar product if (x, x-1, 3) and (x, x, 3x)
equal to 0? [x = 0, x = -4]
20) State and check the Cauchy-Schwarz inequality for the following vectors: x = (4, -2, 3)
and y = (-3, 2, 5). [-1 < √𝟑𝟖√𝟐𝟗 ]
1 1 1 −1
23) Prove that {( , 0, ),( , 0, ) , (0,1,0)}is an orthonormal set of 𝑅3
√2 √2 √2 √2
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26) Describe the straight line in 𝑅3 through the two points (1, 2, 2) and (-1, -1, 4). Where
does it meet the 𝑥1 𝑥2 plane?
{[𝒙𝟏 = 𝟏 − 𝟐𝒕, 𝒙𝟐 = 𝟐 − 𝟑𝒕, 𝒙𝟑 = 𝟐 + 𝟐𝒕], 𝒎𝒆𝒆𝒕𝒔 𝒂𝒕(𝟑, 𝟓, 𝟎)}
27) Find the equation of a plane in parametric and non parametric form passing through
the points (1, 2, 1), (2, 1, 0) and (1, 3, -5). [x = 1+t, y = 3-s-2t, z = -5+6s+5t;
(7x+6y+z=20)]
28) Find the equation for the plane in 𝑅3 through a = (2, 1, -1) with p = (-1, 1, 3)
as a normal. [𝒙𝟏 + 𝒙𝟐 + 𝟑𝒙𝟑 = −𝟒]
29) Let L be the line through (0, 1, 2) in the direction given by the vector (1, 1, 1). What is
the parametric equation of L? [x = t, y = 1+t, z = 2+t]
At what point does it cross the XY plane? (-2, -1, 0)
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30) Find the equation of the plane through (1, 1,-1) and perpendicular to the line
(x, y, z) = (4-3t, 2+t, 6+5t). (3x-y-5z = 7)
31) Find the equation of the line in 𝑅3 passing through the points (2, 4, −1)and (5, 0, 7).
Where does the line intersect the xy-plane?
[x = 2+3t, y = 4-4t, z = -1+8t; (19/8, 7/8, 0)]
(a) Verify that the point a = (2,-1, 3) line on L, but that (1, 1, 1) does not
(b) Determine the direction of L. [(-1, 2, 1)]
(c) Find the equation for the plane through a = (2, -1, 3) that is
orthogonal to L. [−𝒙𝟏 + 𝟐𝒙𝟐 + 𝒙𝟑 = −𝟏]
(d) Find the point where L intersects the
plane 3𝑥1 + 5𝑥2 − 𝑥3 = 6. [2/3, 5/3, 13/3]
35) Find the equation for the plane through the points (3, 4, -3), (5, 2 1),
and (2, -1, 4). [𝒙𝟏 − 𝟑𝒙𝟐 − 𝟐𝒙𝟑 = −𝟑]
37) Find the equation of a plane in parametric and non-parametric form passing through
the points (1, 1, -1), (2, 0, 2) and (0, -2, 1).
[𝒙 = 𝟏 + 𝒔 − 𝒕, 𝒚 = 𝟏 − 𝒔 − 𝟑𝒕, 𝒛 = −𝟏 + 𝟑𝒔 + 𝟐𝒕; 𝟕𝒙 − 𝟓𝒚 − 𝟒𝒛 = 𝟔]
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39) If 𝛼, 𝛽 and 𝛾 are three independent vectors in 𝑅3 , examine the independent of the set of
vectors
(i) (𝛼 + 𝛽 ), (𝛽 + 𝛾)𝑎𝑛𝑑(𝛾 + 𝛼 ) [Independent]
(ii) (𝛼 + 𝛽 ), (𝛽 + 𝛾)𝑎𝑛𝑑(𝛾 − 𝛼 ) [Dependent]
40) Suppose, 𝑢, 𝑣, 𝑤 ∈ 𝑅3 are all different from 0 and 𝑢 ⊥ 𝑣, 𝑣 ⊥ 𝑤 𝑎𝑛𝑑 𝑢 ⊥ 𝑤. prove that u,
v, w are linearly independent.
1 1 1
41) Let 𝐴 = [−1 −1 −1] find a 3-vector X such that AX = X and
1 1 1
𝟏
𝟏
the length of X is Unity. [ 𝑿 = ± (−𝟏) ]
√𝟑
𝟏
5 2 7
42) Express the vector 𝑋 = [ ] as a liner combination of the vectors 𝐴 = [ ] 𝑎𝑛𝑑𝐵 = [ ].
8 5 10
10 4
43) Given 𝑢 = [ ] 𝑎𝑛𝑑 𝑣 = [ ], which of the following are convex combination of u and v?
6 8
7 10 6.2
( 𝑎 ) [ ] , (𝑏 ) [ ] , (𝑐 ) [ ] [(a) and (b) are convex combination and (c) does not ]
7 6 8.2
44) What does it mean to say that a vector x is a linear combination of the vectors a, b and
c? Given a = (1, 1, 1), b = (2, 1, 0) and c = (0, 0, 2), express x = (1, 2, 3) as a linear
combination of a, b and c. [c1+ 2c2=1, c1+ c2=2 , c1+ 2c3=3]
45) Identify a set of linearly independent vectors from the following. Is this set unique?
(1, 1, 1), (2, 3, 3), (6, 5, 8) and (3, 4, 4)
46) Prove that vectors (1, 1, 1), (2, 1, 0), (3, 1, 4) and (1, 2, -2) are linearly dependent.
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47) Write the vector w=(1,1,1) as a linear combination of vectors in the set S = {(1,2,3),
(0,1,2), (-1,0,1)}.
49) For what value of x is the following set of vectors linearly dependent? Write down the
pattern of dependence. Can one vector be regarded as a convex combination of the
other two? [x = -2]
2 2 2
𝜐1 = [3] , 𝜐2 = [𝑥 ] , 𝜐3 = [0]
6 1 3
50) For what value of x is the following set of vector linearly dependent?
3 2 4
𝑝 = [2 ] , 𝑞 = [𝑥 ] , 𝑟 = [ 2 ]
7 4 10
Find the pattern of dependence. Is it possible to express one vector as a convex
combination of the other two? [x = 2]
52) Check whether the following set of vectors is linearly independent. If not determine
the pattern of dependence amongst them.
4 8 4
𝑣1 = [3] , 𝑣2 = [5] , 𝑣3 = [2]
2 3 1
[Not independent]
53) For each of the following pairs of vectors determine whether they span the relevant
vector space.
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54) An oil company can convert one barrel of crude oil into three different kinds of fuel.
Without any lead additives, its outputs of the three kinds of fuel from one barrel of
cured are given by the vector (2, 2, 4). With the legally permitted maximum amount of
lead additives, its outputs from on barrel of cured are (5, 0, 3). Assume that the effects
of leads additives are proportional, so that using a fraction 𝜃 of the maximum
permitted amount (with 0 ≤ 𝜃 ≤ 1) yields output vector (1 – 𝜃) (2, 2, 4) +𝜃 (5, 0, 3).
(a) Is it possible for the company to produce the following output vectors?
1 1 1 1
(i) (3 , 1,3 ) (ii) (4 , 3 ) (iii) (1, 6, 9)
2 2 3 3
[i) possible, ii) impossible, iii) impossible ]
(b) If it is possible, what proportion of legally permitted amounts of lead should be
used in each case? Do any of your answers change if output can be thrown away?
𝟏 𝟐
[𝒊) 𝒑𝒓𝒐𝒑𝒐𝒓𝒕𝒊𝒐𝒏 𝒐𝒇 𝜽 = ; 𝒊𝒊) 𝒑𝒓𝒐𝒑𝒐𝒓𝒕𝒊𝒐𝒏 𝒐𝒇 𝜽 𝒄𝒂𝒏 𝒃𝒆 = ; 𝒏𝒆𝒗𝒆𝒓 𝒄𝒉𝒂𝒏𝒈𝒆 ]
𝟐 𝟑
55) A firm has two plants that produce output of three goods. Its total labor force is fixed.
When a fractionλ of its labor force is allocated to its first plant and a fraction 1 − 𝜆 to
its second (with 0 ≤ 𝜆 ≤ 1), the total output of the three goods are given by the vector
8 2
𝜆 (4) + (1 − 𝜆) ( 6 )
4 10
(a) Is it possible for the firm to produce either of the two output vectors
5 7
(i) (5) (ii) ( 5)
7 5
If output cannot be thrown away?
𝟏
[In i) 𝜽 = 𝟐 ; 𝒊𝒊) 𝒈𝒊𝒗𝒆𝒔 𝒂 𝒅𝒊𝒇𝒇𝒆𝒓𝒆𝒏𝒕 𝒗𝒂𝒍𝒖𝒆 𝒐𝒇 𝜽 𝒇𝒓𝒐𝒎 𝒕𝒉𝒆 𝒐𝒕𝒉𝒆𝒓 𝒕𝒘𝒐 ]
(b) How do your answers to part (a) change if outputs can be thrown away?
[i) It can be produced even if output is not thrown away; ii) it is only possible
when output is thrown away ]
(c) How will the revenue-maximizing choice of the fraction 𝜆 depend upon the selling
prices (𝑝1 , 𝑝2 , 𝑝3 ) of the three goods? What condition must be satisfied by these
prices if both plants are to remain in use?
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1. Let 𝑤1 and 𝑤2 be two vectors in 𝑅𝑛 . Moreover they are of unit length i.e ||𝑤1 ||
=||𝑤2 ||=1 and their dot prodcuct is given by 𝑤1 . 𝑤2 =𝑤1 ′. 𝑤2 =-1/2 where 𝑤1 ′ is the
transpose of 𝑤1 . Find the length of (𝑤1 -𝑤2 ) i.e ||𝑤1 − 𝑤2 || [Eco(h) 2021]
2. Let u , v ,w be three vectors in 𝑅𝑛 . Suppose that vectors u , v are othogonal and the norm
of v is 4 and v’w=7. Find the value of the real number x in u= v+xw. [Eco(h) 2021]
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chapter - 2
matrix algebra
1 −1
1) Let 𝐴 = ( ). Compute 𝐴2 and 𝐴3 .Guess the general from of 𝐴𝑛 , and prove your
0 1
guess by induction on n.
1 0 𝑛 1 0 𝑛
𝑛
2) Given 𝐴 = [0 1 0]. Prove by mathematical induction that 𝐴 = [0 1 0]
0 0 1 0 0 1
3) Suppose P and Q are 𝑛 × 𝑛 matrices such that PQ = Q2P. prove that (𝑃𝑄)2 = 𝑄6 𝑃2 .
4) (a) Show that (𝐴𝐵)𝑘 = 𝐴𝑘 𝐵𝑘 if AB = BA.
1 1
(b) Find a Matrix B that commutes with 𝐴 = [ ] [𝒂 𝒅 − 𝒂]
0 2 𝟎 𝒅
2 1 0
5) (i) If 𝐴 = [3 −1 4], show that (A + A’) is symmetric and (A – A’) is skew symmetric.
4 2 1
(ii) If A and B are two symmetric matrices, show that AB + BA is symmetric and
AB – BA skew symmetric.
8) For any square matrix P’ prove that ½ (P+P’) is symmetric and ½ (P-P’) is skew
symmetric, where P’ is the transpose of P. Hence, verify that P can be written as a sum
of symmetric matrix and a skew-symmetric matrix. (Note: A Square Matrix P is called
skew-symmetric if P’ = -P)
9) Show that an upper triangular symmetric matrix is diagonal and an upper triangular
skew matrix is a null matrix.
10) If X is an arbitrary 𝑚 × 𝑛 matrix, show that XX’ and X’X are both symmetric.
11) Express the following matrix as a sum of symmetric and a skew asymmetric matrix
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2 −4 7
A = [3 1 9 ]
8 6 9
𝑎 𝑎2 − 1 −3
12) For what values of a is(𝑎 + 1 2 𝑎2 + 4) symmetric? [a = 2]
−3 4𝑎 −1
−1 3 5
13) (i) Show that 𝐴 = [ 1 −3 −5] is idempotent.
−1 3 5
(ii) Show that if A is idempotent than I-A also idempotent.
(iii) Show that a diagonal matrix can be idempotent if each diagonal is 0 or 1.
2 𝑥
14) (a) If 𝐴 = [ ], find x and y if A is idempotent matrix. [x = -2/3; y = -1 ]
3 𝑦
(b) Every non-singular idempotent matrix is an identity matrix.
17) If A and B are idempotent matrices, then A + B will be idempotent if and only if 𝐴𝐵 =
𝐵𝐴 = 0
18) Show that the matrix A defined as 𝐴 = 𝐼𝑛 − 𝑋(𝑋′𝑋)−1 𝑋 ′ where X is a square matrix of
order n is a symmetric and idempotent matrix.
19) Let D be a 3× 3 matrix in which x,y and z are all distinct and non-zero
𝑥 0 0
D=(0 𝑦 0)
0 0 𝑧
Show that if any matrix A commutes with D, then A must also be a diagonal matrix.
2 −2 −4
20) (a) Show that the following matrix is idempotent: (−1 3 4)
1 −2 −3
(b) Show that AB = A and BA = B, then A and B are both idempotent.
(c) Show that if A is idempotent, then 𝐴𝑛 = 𝐴 for all positive integers n.
21) (a) Suppose that X is an 𝑚 × 𝑛 matrix and that |𝑋′𝑋| ≠ 0. Show that the matrix 𝐴 =
𝐼𝑚 − 𝑋 (𝑋′𝑋)−1 𝑋′ is idempotent that is, 𝐴2 = 𝐴.
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1 1
(b) Check the result in part (a) for the particular matrix 𝑋 = (1 2)
1 1
22) A square matrix is said to be triangular if all the elements below its principal diagonal
are zero. Show that if A is a triangular 3 × 3 matrix with no zero elements on the
principal diagonal, then it is invertible and the inverse is also triangular.
2 4
23) I is the identity 2 × 2 matrix and 𝐴 = ( ), For what value of 𝜆 is the matrix
1 −1
(𝐴 − 𝜆𝐼 ) not invertible? [𝝀 = −𝟐, 𝟑]
Verify that if 𝜆1 𝑎𝑛𝑑𝜆2 are the values, then the following matrix equation holds:
(𝐴 − 𝜆1 𝐼 )(𝐴 − 𝜆2 𝐼 ) = 0.
𝑎 𝑏 𝟏 𝒅 −𝒃]]
24) Find the inverse of 𝐴 = ( ) (when it exists). [𝒂𝒅−𝒃𝒄 [
𝑐 𝑑 −𝒄 𝒂
26) Suppose that A, P, and D are square matrices such that 𝐴 = 𝑃𝐷𝑃−1 .
(a) Show that 𝐴2 = 𝑃𝐷2 𝑝−1 .
(b) Show by induction that 𝐴𝑚 = 𝑃𝐷𝑚 𝑃 −1 for any positive integer m.
1 −1 −√3 𝟏 −𝟏 √𝟑
27) Let 𝐴 = ( ), show that 𝐴3 = 2√2𝐼. Use this to find 𝐴−1 [ [ ]
√2 √3 −1 𝟐√𝟐 −√𝟑 −𝟏
28) (a) If 𝐴1 , 𝐴2 and 𝐴3 are. matrices for which the given products are defined, show that
(𝐴1 𝐴2 𝐴3 )′ = 𝐴3 ′𝐴2 ′𝐴1 ′.
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1 1 −1
A = (1 3 4)
7 −5 2
33) If 𝐴 = (𝑎𝑖𝑗 ) is an 𝑛 × 𝑛 matrix, the trace tr(A) of A is defined by 𝑡𝑟(𝐴) = ∑𝑛𝑖=1 𝑎𝑖𝑖 . Thus,
tr(A) is the sum of the diagonal elements of A. show that if A and B are 𝑛 × 𝑛 matrices,
then:
(a) 𝑡𝑟(𝐴 + 𝐵) = 𝑡𝑟(𝐴) + 𝑡𝑟(𝐵)
(b) 𝑡𝑟(𝑐𝐴) = 𝑐 𝑡𝑟(𝐴) (𝑐 𝑖𝑠 𝑎 𝑠𝑐𝑎𝑙𝑎𝑟)
(c) 𝑡𝑟(𝐴𝐵) = 𝑡𝑟(𝐵𝐴)
(d) 𝑡𝑟(𝐴′ ) = 𝑡𝑟(𝐴)
35) A is a square matrix of order n with all elements equal to unity and B is a square matrix
of order n with diagonal elements equal to n and other elements equal to n – r. Show
that A2 = nA. Also deduct that:
(𝐵 − 𝑟𝐼 )[𝐵 − (𝑛2 − 𝑛𝑟 + 𝑟)𝐼 ] = 0.
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1 2 3 4
0 −1 2 4
b) [ ] [det. = 0]
0 0 3 −1
−3 −6 −9 −12
𝑎 1 1 2𝑎
1 −𝑎 3 0
c) [ ] [6𝒂𝟒 + 𝟐𝟗𝒂𝟐 − 𝟔𝒂 − 𝟏]
𝑎 2 𝑎 1
3𝑎 1 0 0
1 2 3 0 6 6 6
(a) [4 5 6] (b) [ 8 −7 1 0]
7 8 9 −2 3 1 2
1 3 4 3 3 2 1
(c) [3 9 12 3] (d) [5 4 2]
1 3 4 1 6 5 3
3 −1 1
(e) [−6 2 −4]
−3 1 −2
1 2 −1 4
(f) [ 2 4 3 5]
−1 −2 6 −7 [i) rank = 2; ii) 3; iii) 2; iv) 3; v) 2; vi) 2]
38) Determine the number of linearly independent vectors in the following matrices:
0 6 6 6 3 12 6 3 5
[
(a) 8 −7 1 0] [
(b) 𝐵 = 6 45] (c) 𝐶 = [−10 2 8]
−2 3 1 2 2 21 5 2 3
[(a) = 3; (b) = 3; (c) = 2]
39) (a) Determine the rank of the following matrix for all value of the parameters:
5−𝑘 2 1 𝑥 0 𝑥2 − 2
(i) 𝐴=[ 2 1−𝑘 0 ] (ii) [0 1 0 ]
1 0 1−𝑘 −1 𝑥 𝑥−1
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1 𝑥 𝑦 0
𝑡+3 5 6
(iii) ( −1 𝑡−3 −6 ) (iv) [0 𝑥 𝑧 𝑤 1]
𝑦 0
1
1 1 𝑡+4 0 𝑧 𝑤 1
[i) Rank = 2 for k = 0, 1 or 6 otherwise;
ii) r(A) = 2 if x = -1 (or) 2; r(A) = 3 otherwise;
iii) r(A) = 2 if t = -4, -2, 2; r(A) = 3 otherwise;
iv) r(A) = 2 for all values of x, y, z.]
41) Define a non-singular matrix and the rank of a matrix. Given the following matrix A,
find the value (s) of x so that
(a) All the columns of A are independent. [x ≠ −𝟔/𝟏𝟏]
(b) Two columns of A are independent. [x = -6/11]
1 2 5
𝐴 = [0 𝑥 −1]
3 0 4
42) Find the value of x such that the rank of the following matrix is less than 3:
3 5 0
𝐴 = 3 𝑥 2]
[ [x = 1]
9 −1 8
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Rahul Sir (SRCC Garduate , DSE Alumni)
𝟏 𝟏 𝟏 𝟓 −𝟏 𝟏 𝟐𝟑 𝟏𝟖 𝟏𝟏 −𝟏 𝟑
−𝟔 −𝟔 −𝟏
𝟐 𝟔 𝟏𝟐 𝟐 𝟗𝟐 𝟗𝟐 𝟗𝟐 𝟒 𝟒
𝟏 𝟓 𝟏 𝟏 𝟏 𝟏 𝟐𝟑 𝟐𝟐 𝟑𝟗 𝟑 −𝟏
𝒊) ; 𝒊𝒊) ; 𝒊𝒊𝒊) ; 𝒊𝒗) 𝟎
𝟐 𝟔 𝟔 𝟏𝟐 𝟐 𝟔 𝟗𝟐 𝟗𝟐 𝟗𝟐 𝟒 𝟒
𝟏 𝟏 𝟏 −𝟏𝟏 𝟑 𝟏 𝟐𝟑 𝟔 𝟏𝟗 −𝟏 −𝟏
[𝟗𝟐 𝟏]
[𝟐 𝟐 𝟐 ] [ 𝟏𝟐 𝟐 𝟔 ] 𝟗𝟐 𝟗𝟐] [𝟒 𝟒
45) Solve the following equations by gauss- Jordan method (row reduction method) and
also find the degree of freedom and no. of superfluous equations if they exist:
𝑥 + 2𝑦 + 𝑧 = 2 𝑥 − 2𝑦 + 𝑧 = 1
(i) 2𝑥 + 4𝑦 + 3𝑧 = 3 (ii) 3𝑥 + 𝑦 − 2𝑧 = 4
3𝑥 + 2𝑦 + 5𝑧 = 4 𝑦−𝑧 =1
𝑥 + 𝑦 + 𝑧 = −3 𝑥 + 2𝑦 + 3𝑧 = 0
(iii) 3𝑥 + 𝑦 + 2𝑧 = −2 (iv) 2𝑥 + 𝑦 + 3𝑧 = 0
2𝑥 + 4𝑦 + 7𝑧 = 7 3𝑥 + 2𝑦 + 𝑧 = 0
3𝑥 + 2𝑦 − 𝑧 = 0
(v) 2𝑥 − 𝑦 + 2𝑧 = 0
𝑥 + 3𝑦 − 3𝑧 = 0
Has a unique solution, except for one particular value c* of c. Find this solution. Prove also
that for c = c* the system has no solution except for a special value k* of k. Find the solution
for k = k*
47) Find the values of the parameters 𝛼 & 𝛽 so that the following system of equations has
(i) a unique solution, [𝒊) 𝜶 ≠ −𝟐/𝟑]
𝟐 𝟓
(ii) many solutions, [𝒊𝒊) 𝜶 = − , 𝜷 = ]
𝟑 𝟑
𝟐 𝟓
(iii) no solution [𝒊𝒊𝒊) 𝜶 = − , 𝜷 ≠ ]
𝟑 𝟑
3𝑥 + 2𝑦 = 5
𝑥 − 𝛼𝑦 = 𝛽
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Rahul Sir (SRCC Garduate , DSE Alumni)
48) Examine for which values of p the following system of equation has solutions.
𝑝𝑥 + 𝑦 = 1
𝑥−𝑦+𝑧 =0
2𝑦 − 𝑧 = 3 [p ≠ 𝟏 𝒇𝒐𝒓 𝒉𝒂𝒗𝒊𝒏𝒈 𝒂 𝒔𝒐𝒍𝒖𝒕𝒊𝒐𝒏, 𝒑 = 𝟏 𝒏𝒐 𝒔𝒐𝒍𝒖𝒕𝒊𝒐𝒏 ]
49) State a necessary and sufficient condition for a system of m equations in n variables to
have a solution. Use the condition to establish for what values of a, if any, the following
system has a solution?
6𝑥 + 𝑦 = 7
3𝑥 + 𝑦 = 4
−6𝑥 − 2𝑦 = 𝑎 [a = -8]
52) Investigate for which values of 𝜆 𝑎𝑛𝑑 𝜇 the system of simultaneous equations.
𝑥+𝑦+𝑧 =6
𝑥 + 2𝑦 + 3𝑧 = 10
𝑥 + 2𝑦 + 𝜆𝑧 = 𝜇
Has
(i) No solution [𝝀 = 𝟑, 𝝁 ≠ 𝟏𝟎]
(ii) Unique solution [ 𝝀 ≠ 𝟑]
(iii) An infinite number of solution [𝝀 = 𝟑, 𝝁 = 𝟏𝟎]
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Rahul Sir (SRCC Garduate , DSE Alumni)
−𝑥 + 𝑎𝑦 − 21𝑧 = 2
3𝑥 + 7𝑦 + 𝑎𝑧 = 𝑏
For different values of a and b.
54) Determine the value (s) of 𝜆 so that the following system of equations is (i) consistent
(ii) inconsistent.
3𝑥 − 𝑦 + 4𝑧 = 3
𝑥 + 2𝑦 − 3𝑧 = −2
6𝑥 + 5𝑦 − 𝜆𝑧 = −3
56) Find the values (s) of 𝜆 for which the following system of equations:
𝑋1 + 𝑋2 + 𝑋3 = 1
𝑋1 + 2𝑋2 + 4𝑋3 = 𝜆
𝑋1 + 4𝑋2 + 10𝑋3 = 𝜆2
is consistent. Find the solution in each case. [𝝀 = 𝟏 𝒐𝒓 𝟐 𝒇𝒐𝒓 𝒎𝒂𝒏𝒚 𝒔𝒐𝒍𝒖𝒕𝒊𝒐𝒏 ]
57) Establish the conditions under which the following equations are homogeneous
𝑎𝑥1 + 𝑏𝑥2 + 𝑐𝑥3 = 𝑞 − 𝑟
𝑏𝑥1 + 𝑐𝑥2 + 𝑎𝑥3 = 𝑟 − 𝑞
𝑐𝑥1 + 𝑎𝑥2 + 𝑏𝑥3 = 𝑝 − 𝑞 [p=q=r]
58) Use Cramer’s rule to solve the following systems of equations. Check your answer.
(a) 𝑥1 − 𝑥2 + 𝑥3 = 2 (b) 𝑥1 − 𝑥2 = 0
𝑥1 + 𝑥2 − 𝑥3 = 0 𝑥1 + 3𝑥2 + 2𝑋3 = 0
−𝑥1 − 𝑥2 − 𝑥3 = −6 𝑥1 + 2𝑥2 + 𝑥3 = 0
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Rahul Sir
(c) 𝑥 + 3𝑦 − 2𝑧 = 1
3𝑥 − 2𝑦 + 5𝑧 = 14
2𝑥 − 5𝑦 + 3𝑧 = 1
𝒊) 𝒙𝟏 = 𝟏, 𝒙𝟐 = 𝟐, 𝒙𝟑 = 𝟑
[ 𝒊𝒊) 𝒙𝟏 = 𝒙𝟐 = 𝒙𝟑 = 𝟎 ]
𝒊𝒊𝒊) 𝒙 = 𝟏, 𝒚 = 𝟐, 𝒛 = 𝟑
59) When does the equation system
(𝑎 + 1) 𝑥 + (𝑎 + 1)𝑦 = 𝑏
4𝑥 + (𝑎 + 4)𝑦 + (𝑎 − 1)𝑧 = 1
3𝑥 + 5𝑦 + (𝑎 − 1)𝑧 = −3
Have a unique solution (you need not find the solution)? What condition must b satisfy for
the system not to have a solution when a = 2? [ yes, for no solution b ≠ 𝟏𝟐]
60) Examine for which values of 𝜆 the following system of equations has non-trivial
solutions:
5𝑥 + 2𝑦 + 𝑧 = 𝜆𝑥
2𝑥 + 𝑦 = 𝜆𝑦
𝑥 + 𝑧 = 𝜆𝑧 [𝝀 = 𝟎, 𝟏, 𝟔]
b) Determine for each value of p the set of all vectors z that are orthogonal to the
three vectors
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Rahul Sir
1 2 3
−2
(1), (−3), ( )
1 2 𝑝
63) What condition must 𝑏1 , 𝑏2 , 𝑏3 satisfy for the following equation system to have a
unique solution and find the solution?
3𝑥 + 𝑦 = 𝑏1
𝑥 − 𝑦 + 2𝑧 = 𝑏2
2𝑥 + 3𝑦 − 𝑧 = 𝑏3
𝟏 𝟏 𝟏 𝟏 𝟑 𝟑 −𝟏 𝟕 𝟐
[𝒙 = 𝒃𝟏 − 𝒃𝟐 − 𝒃𝟑 , 𝒚 = − 𝒃𝟏 + 𝒃𝟐 + 𝒃𝟑 , 𝒛 = 𝒃𝟏 + 𝟏𝟎 𝒃𝟐 − 𝟓 𝒃𝟑 ]
𝟐 𝟏𝟎 𝟓 𝟐 𝟏𝟎 𝟓 𝟐
64) Find the value of k such that the following system of equation poses a non-trivial
solution.
𝑥 + 𝑘𝑦 + 3𝑧 = 0
2𝑥 + 𝑘𝑦 − 2𝑧 = 0
2𝑥 + 3𝑦 − 4𝑧 = 0 [ 𝒌 = 𝟒]
1+𝑎 1 1
66) Show that | 1 1+𝑏 1 | = 𝑎𝑏𝑐 + 𝑎𝑏 + 𝑎𝑐 + 𝑏𝑐
1 1 1+𝑐
67) Let the matrix 𝐴𝑡 be defined for all real numbers t by.
1 3 2
𝐴𝑡 = ( 2 5 𝑡 )
4 7 − 𝑡 −6
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Rahul Sir
11
𝐴−3 𝑥 = ( 3 ) [𝒙𝟏 = −𝟒𝟔 + 𝟏𝟗𝒕, 𝒙𝟐 = 𝟏𝟗 − 𝟕𝒕, 𝒙𝟑 = 𝒕]
6
(d) When t = 2, determine a vector 𝑧 ≠ 0 that is orthogonal to each vector of the from
𝐴2 𝑥, where x is an arbitrary vector in 𝑅3 . [𝒛 = (𝟏𝟎𝒂, −𝟕𝒂, 𝒂 𝒇𝒐𝒓 𝒂 ≠ 𝟎]
68) Let Ax = b be a linear system of equations in matrix from. Prove that if x 1 and x2 are
both solutions of the system, then so is (1 − 𝜆)𝑥1 + 𝜆𝑥2for all real Numbers 𝜆. Use this
fact to prove that a linear system of equations that is consistent has either one solution
or infinitely many solutions.
Open Model
69) Suppose the inter-industry flow of the products of two industries are given as under:
Production Consumption Domestic Total Output
Sector Sector Demand
X Y
X 30 40 50 120
Y 20 10 30 60
(1) Determine the technology matrix and test Simon Hawkins conditions for the
viability of the system.
(2) If the domestic demand changes to 80 and 40 units respectively, what should be the
gross output of each sector in order to meet the new demands?
𝟏⁄ 𝟒 𝟐⁄ 𝟑
[Ans.: (i) [ ], System is Viable, (ii) 181.62 & 84.32]
𝟏⁄ 𝟔 𝟏⁄ 𝟔
70) A hypothetical economy produces only two commodities, X and Y. The two
commodities serve as intermediate inputs in each other’s production. To produce a
unit of X, 0.6 units of X and 0.1 units of Y are needed. Similarly, to produce a unit of Y,
0.7 units of X and 0.4 units of Y are needed. Two and five labour-days are required to
produce a unit of X and a unit of Y respectively.
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Rahul Sir
The wage rate is Rs. 70 per man-day. The economy needs 100 units of X and 50 units for
final consumption.
You are required to;
(i) Examine the viability of input-output system using Hawkins-Simon conditions.
(ii) Calculate the gross output of each of the two commodities in tons,
[Ans.: (i) Valid, (ii) 558.82 tons and 176.47 tons, )
71)A hypothetical economy produces only two commodities X and Y. The two commodities
serve as intermediate inputs in each other’s production. To produce a unit of X, 0.2 units
of X and 0.6 units of Y are needed. To produce a unit of Y, 0.4 units of X and 0.3 units of Y
are needed. Three and five labour-hours are required to produce a unit of X and a unit
of Y respectively. The wage rate is Rs. 20 per labor-hour. If the final demand of X
increases by 150 units and that of Y decreases by 120 units, find:
Change in the gross outputs of each of the two commodities,
[Ans.: Changes = 178.125 & -18.75 units,]
72)(Very Important) Two industries A and B input-output relationship state that industry
A requires 20 paisa worth of its own output and 40 paisa worth of the output of B for
producing the output of Rs. 1. Industry B requires 30 paisa worth of its output and 50
paisa worth of the output of A for producing the output of Rs. 1. Determine the gross
output if the economy’s demand is Rs 100 crores and Rs. 200 crores respectively. Also
find the corresponding total value addition.
[Ans.: Rs. X1 = 472.22 crores & X2 = 555.55 crores; Rs. 300 crores]
73) Consider an economy divided into an agriculture sector (A) & an industrial sector (I).
to produce one unit in sector A requires 1/6 unit from A and ¼ unit from I. to produce
one unit in sector I requires ¼ unit from A and ¼ unit from I. suppose that final
demands in each of the two sectors are 60 units.
𝟓 𝟏
𝒙 − 𝟒 𝒚 = 𝟔𝟎
𝟔
a) Write down the Leontief system for the economy. [ 𝟏 𝟑
]
− 𝟒 𝒙 + 𝟒 𝒚 = 𝟔𝟎
b) Find the numbers of units that has to be produced in each sector in order to meet
the final demands. [x = 320/3; y = 1040/9 ]
74) Consider an input-output model with three sectors. Sector 1 is heavy industry, Sector 2
is light industry and Sector 3 is agriculture. Suppose that the input requirements are
given by the following table:
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Rahul Sir
Suppose the final demands for the three goods are 85, 95 and 20 units respectively.
If x, y and z denote the number of units that have to be produced in the three
sectors, write down the Leontief model for the problem. Verify that x = 150, y = 200
and z = 100 is a solution.
𝟎. 𝟗𝒙𝟏 − 𝟎. 𝟐𝒙𝟐 − 𝟎. 𝟏𝒙𝟑 = 𝟖𝟓
−𝟎. 𝟑𝒙𝟏 + 𝟎. 𝟖𝒙𝟐 − 𝟎. 𝟐𝒙𝟑 = 𝟗𝟓
[ ]
−𝟎. 𝟐 − 𝟎. 𝟐𝒙𝟐 + 𝟎. 𝟗𝒙𝟑 = 𝟐𝟎
𝒘𝒉𝒊𝒄𝒉 𝒅𝒐𝒆𝒔𝒏′ 𝒕 𝒉𝒂𝒗𝒆 𝒕𝒉𝒆 𝒄𝒍𝒂𝒊𝒎 𝒔𝒐𝒍𝒖𝒕𝒊𝒐𝒏
1 4 7
b) (0 −1 8) [−𝛌𝟑 +𝟒𝛌𝟐 + 𝛌 − 𝟒]
0 0 4
3 1 −1
c) ( 2 3 0) [−𝛌𝟑 +𝟏𝟏𝛌𝟐 − 𝟑𝟔𝛌 + 𝟑𝟔]
−1 −2 5
2 4
b) ( ) [ No real eigenvalues ]
−2 6
2 −7 𝟏 −𝟐
c) ( ) [ Eigen Values: 5 ,-5. Eigen vectors: r( ) ,s( ) ]
3 −8 𝟏 𝟑
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Rahul Sir
2 0 0 𝟏 𝟎 𝟎
d) (0 3 0) [ Eigen Values:2,3,4. Eigen vectors: r(𝟎) , s(𝟏) , 𝐭 (𝟏) ]
0 0 4 𝟎 𝟎 𝟎
2 1 −1 𝟏 𝟏 𝟐
e) (0 1 1 ) [ Eigen Values:-1,0,2. Eigen vectors: r(−𝟏) , s(−𝟏) , 𝐭 (𝟏) ]
2 0 −2 𝟐 𝟏 𝟏
1 −1 0 𝟏 −𝟏 𝟏
f) (−1 2 −1) [ Eigen Values0,1,3. Eigen vectors: r(𝟏) , s( 𝟎 ) , 𝐭 (−𝟐) ]
0 −1 1 𝟏 𝟏 𝟏
𝑎 𝑎 0 𝑥
𝐴 = (𝑎 𝑎 0) and 𝑋 = (𝑦 ) (a and b are real number)
0 0 𝑏 𝑧
6. Prove that if A and B are both invertible 𝑛 × 𝑛 matrices, then AB and BA have the same
eigenvalues.
7. Let 𝐴 = (𝑎𝑖𝑗 ) be a matrix where all column sums are 1, that is, ∑𝑛𝑖=1 𝑎𝑖𝑗 = 1 for 𝑗 =
𝑛×𝑛
1,2 … , 𝑛. Prove that 𝜆 = 1 is an eigenvalue of A. (hint: Consider first the case n = 2)
1 3
a) ( ) [ Not Diaognalize]
0 1
8 −21 𝟑 𝟕 𝟏 𝟎
b) ( ) [ Diaognalize ,P= ( ) , D= ( )]
3 −8 𝟏 𝟑 𝟎 −𝟏
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Rahul Sir
4 0 −2 𝟏 𝟎 𝟏 𝟎 𝟎 𝟎
c) (6 2 −6) [ Diaognalize ,P= (𝟑 𝟏 𝟎) , D= (𝟎 𝟐 𝟎) ]
4 0 −2 𝟐 𝟎 𝟏 𝟎 𝟎 𝟐
1 0 1 𝟏 𝟎 −𝟕 𝟏 𝟎 𝟎
d) (0 2 −3) [ Diaognalize ,P= (𝟎 𝟏 𝟏𝟖 ) , D= (𝟎 𝟐 𝟎 )]
0 0 −5 𝟎 𝟎 𝟒𝟐 𝟎 𝟎 −𝟓
9. If D=diag(1/2. 1/3, 1/4), compute 𝐷2 and 𝐷𝑛 , for any natural number 𝑛 ≥ 3. What is the
limit of 𝐷𝑛 as 𝑛 → ∞? [ 𝑫𝟐 = diag (1/4 ,1/9 ,1/16) , 𝑫𝒏 = diag ((𝟏/𝟐)𝒏 , (𝟏/𝟑)𝒏 , (𝟏/𝟒)𝒏) ,
𝑫𝒏 → 0]
10. By finding U explicitly, verify Spectral Theorem for the following matrices:
2 1
a) 𝐴 = ( )
1 2
1 1 0
(
b) 𝐴 = 1 1 0)
0 0 2
1 3 4
c) 𝐴 = (3 1 0)
4 0 1
2yz+zx-5xy =2
yz-zx+2xy=1
yz-2zx+6xy=3
Show that xyz=±6 .And find all the possible values of x ,y and z. [Eco(h) 2022]
8−𝑝 −2 −4
K= ( 2 2−𝑝 0 ) . [Eco(h) 2022]
1 0 2−𝑝
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Rahul Sir
2x –y +3z =2
x+ y +2z = 2
5x-y +pz= q
(i) For what real values of p and q ,the following system of linear equations have
(ii) For what value of p=3 and q=5 , find all possible solutions to the system.
[Eco(h) 2022]
αx + y = β
x + αy = β
(i) For what values of α and β , does the system of equations, not have a
solution.
(ii) For what values of α and β, does the system of equations, have a unique
(iii) For what values of α and β, does the system of equations, have infinite
solution
[Eco(h) 2021]
5. Examine whether the following system of equations have solutions. If they do,
𝑥1 + 𝑥2 + 2𝑥3 + 𝑥3 + 𝑥4 = 5
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Rahul Sir
0.8𝑥1=𝑏1
-.5 𝑥1 +.65𝑥2 = 𝑏2
(ii) Assuming technology does not change find the change in the output of the two
output of the two sectors if final demand of both sectors increases by a unit each?
[Eco(h) 2021]
7. For what values of p, the given system of equations below has a unique solution
(p+1)x +(p+1)y =q
3x +5y + (p-1)z = -3
What condition must q satisfy for the system to have solution when p=1. Find that
solution.[Eco(h) 2021]
8. Let n be odd positive integers. Determine whether there exist an nxn real matrix
Where A is an nxn matrix , I is identity Matrix ans 0 is the null marix. [Eco(h) 2021]
9. Let A and B nxn matrices with real entreis. Given that A+B is Invertible, show that
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Rahul Sir
𝑥+𝑦+𝑧=3𝛽
𝑥 + 2𝑦 + 3𝑧 = 5𝛽
𝑥 + 2𝑦 + 𝛼𝑧 = 5𝛽
For what values of 𝛼 and 𝛽 does this system of equations have (i) a unique solution,
5−α 2 1
11. Find the rank of the following matrix A =( 2 1−α 0 ) for all values of α
1 0 1−α
[Eco(h) 2020]
𝑥 + 3𝑦 = 1
2𝑥 + 𝑦 = −3
2𝑥 + 2𝑦 = 𝑘
(ii) If 𝑘 = 0, what can you say about the solution of the given system of
equations? For what value of 𝑘 does the system have a unique solution?
(iii) What are superfluous equations? Are there any superfluous equations in
x – y +z =0
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x +2y –z =0
2x+y +3z=0
(ii) What are the degree of freedom ? Determine the number of degree of freedomof the
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chapter - 3
2
(b) 𝑔(𝑥, 𝑦) = + √9 − (𝑥 2 + 𝑦 2 ) [It is the set of points that lie outside the
√𝑥 2+𝑦 2 −4
circle 𝒙𝟐 + 𝒚 = 𝟒 𝒂𝒏𝒅 𝒊𝒏𝒔𝒊𝒅𝒆 𝒕𝒉𝒆 𝒄𝒊𝒓𝒄𝒍𝒆 𝒙𝟐 + 𝒚𝟐 = 𝟗 ]
𝟐
1
(c) 𝑓(𝑥, 𝑦) = + √3𝑦 − 𝑥 2 + 9) (Eco(H) 2008)
√𝑥 2 +𝑦 2−4
(d) √2 − (𝑥 2 + 𝑦 2 ) [ 𝒙 𝟐 + 𝒚𝟐 ≤ 𝟐]
𝑥
(f) f(x,y)=√𝑦 (Eco(H) 2015) [1st quadrant if x,y ≥ 𝟎; 𝟑𝒓𝒅 𝒒𝒖𝒂𝒅𝒓𝒂𝒏𝒕 𝒊𝒇 𝒙, 𝒚 ≤
𝟎]
√𝑥+𝑦+1
(g) f(x,y)= (Eco(H) 2016) [x + y ≥ −𝟏, 𝒙 ≠ 𝟏]
𝑥−1
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What are the level curves? Draw both a set of level curves and the graph of the
function.
4. Sketch the level curves for the following functions at heights specified by k:
a) 𝑓 (𝑥, 𝑦) = 2 − 𝑥 − 𝑦 at height k = 0, 2. (Eco(H) 2012, 2015)
{𝑨𝒕 𝒌 = 𝟎, 𝒙 + 𝒚 = 𝟐; 𝑨𝒕 𝒌 = 𝟐, 𝒙 + 𝒚 = 𝟎}
b) 𝑓 (𝑥, 𝑦) = 𝑦 3 − 𝑥 2 , at the height k = 0. (Eco(H) 2017)
{𝑨𝒕 𝒌 = 𝟎, 𝒚 = 𝒙 } 𝟐/𝟑
g) Specify the domain and provide a rough sketch of it for the function
f(x, y) = ln(9-x2 – 9y2). Also, provide a rough sketch of the level curve at the
height 4.(Eco (H) 2019)
5. Draw the level curve for the function 𝑓 (𝑥, 𝑦) = √𝑦 2 − 𝑥 2 passing through the (3, 5).
𝟓 𝟑
Find the unit vector perpendicular to the level curve at this point. [ , ] (Eco(H)
√𝟑𝟒 √𝟑𝟒
2018)
6. Draw the graph of the following functions in three-dimensional space, and draw a set
of level curves for each of them:
(a) 𝑧 = 3 − 𝑥 − 𝑦
(b) 𝑧 = √3 − 𝑥 2 − 𝑦 2
(c) f(x, y) = (𝑥𝑦 + 1)2 , (𝑥, 𝑦 > 0), at height k=4.
(d) g(x, y)= 𝑦 2 − 𝑥 2, at height k=0
8. Show that 𝑥 2 − 𝑦 2 = c, for all values of the constant c lies on a level curve for
2 2
f(x, y) = 𝑒 𝑥 𝑒 −𝑦 + 𝑥 4 − 2𝑥 2 𝑦 2 + 𝑦 4 .
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9. Sketch the graph of the following function in three dimensional space and draw a set
of level curves of height 𝑐 = (0, 2) :
𝑓 (𝑥, 𝑦) = 2 − 𝑥 − 𝑦
For 𝑥 ≥ 0, 𝑦 ≥ 0, 𝑓(𝑥, 𝑦) ≥ 0
𝑤
11. (a) find all the first-order partial derivatives of 𝑓(𝑢, 𝜐, 𝜔) = 𝑢𝜐
𝛿𝑧 𝛿𝑧
(b) Let 𝑧 = 𝑓(𝑥 2 − 𝑦 2 ). Show that 𝑦 𝛿𝑥 = −𝑥 𝛿𝑦
2
12. (a) If 𝑓 (𝑥, 𝑦) = 𝑥 3 𝑒 𝑦 , find the first and second-order partial derivatives at
(𝑥, 𝑦) = (1,0). [𝒇′𝟏 = 𝟑; 𝒇′𝟐 = 𝟎; 𝒇′𝟏𝟏 = 𝟔; 𝒇′𝟏𝟐 = 𝟎 = 𝒇′𝟐𝟏 ; 𝒇′𝟐𝟐 = 𝟐 ]
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[𝒘′𝟏 = 𝟑𝒚𝒛 + 𝟐𝒙𝒚 − 𝒛𝟑 ; 𝒘′𝟐 = 𝟑𝒙𝒛 + 𝒙𝟐 ; 𝒘′𝟑 = 𝟑𝒙𝒚 − 𝟑𝒙𝒛𝟐 ; 𝒘′𝟏𝟏 = 𝟐𝒚; 𝒘′𝟐𝟏 =
𝒘′𝟏𝟐 = 𝟑𝒛 + 𝟐𝒙 ; 𝒘′𝟏𝟑 = 𝒘′𝟑𝟏 = 𝟑𝒚 − 𝟑𝒛𝟐 ; 𝒘′𝟐𝟐 = 𝟎; 𝒘′𝟐𝟑 = 𝒘′𝟑𝟐 = 𝟑𝒙; 𝒘′𝟑𝟑 = −𝟔𝒙𝒛]
𝝏𝟐 𝒛
( ) = 𝒚𝟐 𝒆𝟐𝒙𝒚 [𝟖𝒙𝒚 + 𝟒𝒙𝟐 𝒚𝟐 + 𝟐]
𝝏𝒙𝟐
𝝏𝟐 𝒛 𝝏𝟐 𝒛
( )=( ) = 𝒆𝟐𝒙𝒚 [𝟏𝟎𝒙𝟐 𝒚𝟐 + 𝟒𝒙𝟑 𝒚𝟑 + 𝟒𝒙𝒚]
𝝏𝒙𝝏𝒚 𝝏𝒚𝝏𝒙
𝝏𝟐 𝒛
( 𝟐 ) = 𝒙𝟐 𝒆𝟐𝒙𝒚 [𝟖𝒙𝒚 + 𝟒𝒙𝟐 𝒚𝟐 + 𝟐]
{ 𝝏𝒚 }
15. Define the function 𝑓 (𝑥, 𝑦) = 𝑥𝑦(𝑥 2 − 𝑦 2 )/(𝑥 2 + 𝑦 2 )when (x, y)≠ 0and f(0,0)=0.
Show that Young’s theorem does not apply at (0,0) by finding 𝑓1′ (0, 𝑦) and 𝑓2′ (𝑥, 0),
′′ ′′
then showing that 𝑓12 (0, 0) = 1 and that 𝑓21 (0, 0) = -1. Show that young’s theorem is
′′ ′′
not contradicted because both 𝑓12 & 𝑓21 are discontinuous at (0, 0).
1 𝜕 𝑢 1 𝜕 𝑢
19. Prove that if 𝑢 = 𝑎𝑥 𝑎 𝑦 𝑏 , then 𝑢 ( 𝑥𝑦 ) = 𝑢 ( 𝑥𝑦 )
𝑥 𝜕𝑥 𝑢 𝑢 𝑥 𝑦 𝑦 𝜕𝑦 𝑢 𝑢
𝑥 𝑦
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22. Let ℎ(𝑥, 𝑦) = 𝑓 (𝑥 − 𝑦) + 𝑔(𝑥 + 𝑦) where f and g are twice differentiable function of
one variable:
𝑑2 ℎ 𝑑2 ℎ
a) Prove that 𝑑𝑦 2 = 𝑑𝑥 2. (Eco(H) 2013)
b) If 𝑓 (𝑢) = 𝑢2 and 𝑔(𝑢) = 0, describe the level curves 𝑧 = ℎ(𝑥, 𝑦) and
ℎ(𝑥, 𝑦) = 𝑓 (𝑥 − 𝑦) + 𝑔(𝑥 + 𝑦). (Eco(H) 2013) {𝒙 − 𝒚 = √𝒌}
𝜕𝑢 𝜕𝑢 𝜕𝑢
23. (a) If 𝑢 = 𝑥 2 (𝑦 − 𝑧) + 𝑦 2 (𝑧 − 𝑥 ) + 𝑧 2 (𝑥 − 𝑦), prove that 𝜕𝑥 + 𝜕𝑦 + 𝜕𝑧 = 0.
𝜕𝑉 𝜕𝑉
(b) If 𝑉 = (1 − 2𝑥𝑦 + 𝑦 2 )−1/2 , prove that 𝑥 𝜕𝑥 − 𝑦 𝜕𝑦 = 𝑦 2 𝑉 3 .
1 𝜕𝑢 𝜕𝑢 𝜕𝑢
24. If 𝑢 = √𝑥 2 + 𝑦 2 + 𝑧 2 , show that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 + 𝑧 𝜕𝑧 = −𝑢 and
𝜕2𝑢 𝜕 2𝑢 𝜕 2𝑢
+ 𝜕𝑦 2 + 𝜕𝑧 2 = 0
𝜕𝑥
𝜕𝑢 𝜕𝑢 𝜕𝑢
25. (a)𝑢 = 𝑥 3 + 𝑦 3 + 𝑧 3 + 3𝑥𝑦𝑧, show that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 + 𝑧 𝜕𝑧 = 3𝑢
𝜕3𝑢
(b) If 𝑢 = 𝑒 𝑥𝑦𝑧 , show that 𝜕𝑥𝜕𝑦𝜕𝑧 = (1 + 3𝑥𝑦𝑧 + 𝑥 2 𝑦 2 𝑧 2 )𝑒 𝑥𝑦𝑧 .
𝜕 2𝑢 𝜕2𝑢 𝜕 2𝑢
(c) If 𝑢 = 𝑙𝑜𝑔√𝑥 2 + 𝑦 2 + 𝑧 2 , show that (𝑥 2 + 𝑦 2 + 𝑧 2 ) ( 𝜕𝑥 2 + 𝜕𝑦 2 + 𝜕𝑧 2 ) = 1.
𝜕𝑢 2 𝜕𝑢 2 𝜕𝑢 2
26. (a) If 𝑢 = √𝑥 2 + 𝑦 2 + 𝑧 2 , show that (𝜕𝑥 ) + (𝜕𝑦 ) + ( 𝜕𝑧 ) = 1.
𝜕𝑧 𝜕𝑧
(b) If 𝑧 = log(𝑥 2 + 𝑥𝑦 + 𝑦 2 ), prove that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 = 2.
𝑦 𝑧 𝑥 𝜕𝑢 𝜕𝑢 𝜕𝑢
(c) If 𝑢 = 𝑧 + 𝑥 + 𝑦 , prove that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 + 𝑧 𝜕𝑧 = 0.
𝜕𝑢 𝜕𝑢
27. (a) If 𝑢 = 𝑓(𝑥 2 + 𝑦 2 ), prove that 𝜕𝑥 : 𝜕𝑦 = 𝑥: 𝑦.
(b) If 𝑢 = 𝑓(𝑎𝑥 2 + 2ℎ𝑥𝑦 + 𝑏𝑦 2 ), 𝑣 = ∅(𝑎𝑥 2 + 2ℎ𝑥𝑦 + 𝑏𝑦 2 ), prove that
𝜕 𝜕𝑣 𝜕 𝜕𝑣
(𝑢 𝜕𝑥) = 𝜕𝑥 (𝑢 𝜕𝑦)
𝜕𝑦
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Composite Functions
32. (a) Find expressions for 𝜕𝑧/𝜕𝑡1 and 𝜕𝑧/𝜕𝑡2 when 𝑧 = 𝐹(𝑥) and
𝝏𝒛 𝝏𝒛
𝑥 = 𝑓(𝑡1 , 𝑡2 ). [ = 𝑭′𝒙 𝝏𝒙⁄𝝏𝒕 ; = 𝑭′𝒙 𝝏𝒙⁄𝝏𝒕 ]
𝝏𝒕𝟏 𝟏 𝝏𝒕𝟐 𝟐
(b) Find a formula for 𝜕𝑢/𝜕𝑟 when 𝑢 = 𝑓 (𝑥, 𝑦, 𝑧, 𝑤) and x, y, z, and w all are
𝝏𝒖 𝝏𝒇 𝝏𝒙 𝝏𝒇 𝝏𝒚 𝝏𝒇 𝝏𝒘 𝝏𝒇 𝝏𝒛
functions of t and r [ = 𝝏𝒙 𝝏𝒓 + 𝝏𝒚 𝝏𝒓 + + 𝝏𝒛 𝝏𝒓]
𝝏𝒓 𝝏𝒘 𝝏𝒓
33. Suppose 𝑧 = 𝑓(𝑥, 𝑦) has continuous second – order partial derivatives with
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Rahul Sir
𝜕𝑧 𝜕2 𝑧
𝑥 = 𝑟 2 + 𝑠 2 & 𝑦 = 2𝑟𝑠. Find 𝜕𝑟 and 𝜕𝑟 2. (Eco(H) 2017)
𝝏𝒛 𝝏𝒛 𝝏𝒛
= (𝟐𝒓) + (𝟐𝒔);
𝝏𝒓 𝝏𝒙 𝝏𝒚
𝝏𝟐 𝒛 𝝏𝟐 𝒛 𝟐
𝝏𝟐 𝒛 𝝏𝟐 𝒛 𝝏𝒛 𝝏𝒛
𝟐
= 𝟐
(𝟐𝒓) + 𝟐 . ( 𝟐𝒓 ) . ( 𝟐𝒔) + 𝟐
(𝟐𝒔)𝟐 + 𝟐. + 𝟐𝒔
{𝝏𝒓 𝝏𝒙 𝝏𝒙𝝏𝒚 𝝏𝒚 𝝏𝒙 𝝏𝒚 }
𝑑𝑧
34. (a) 𝐹 (𝑥, 𝑦) = 𝑥 + 𝑦 2 , 𝑥 = 𝑡 2, 𝑦 = 𝑡 3find 𝑑𝑡 .
𝑑𝑧
(b) 𝐹 (𝑥, 𝑦) = 𝑥 𝑙𝑛 𝑦 + 𝑦𝑙𝑛𝑥, 𝑥 = 𝑡 + 1, 𝑦 = 1𝑛𝑡 find𝑑𝑡 .
1 𝑑𝑧
(c) If 𝑧 = 4𝑥 3 + 3𝑥 2 𝑦 − 2𝑦 3 , − 𝑡 and 𝑦 = 5 + 𝑡, find 𝑑𝑡 .
𝑑𝑧
(d) If 𝑧 = 𝑓(𝑥, 𝑦, 𝑡), where 𝑥 = 𝑎 + 𝑏𝑡 and 𝑦 = 𝛼 + 𝛽𝑡, find 𝑑𝑡 .
𝒂) 𝟐𝒕 + 𝟔𝒕𝟓 )
𝒍𝒏𝒕 𝒕+𝟏 (𝒍𝒏(𝒕+𝟏))
𝒃) 𝒍𝒏(𝒍𝒏𝒕) + 𝒕+𝟏 + 𝒕𝒍𝒏𝒕 + 𝒕
𝒅𝒛 𝟏𝟐𝒙𝟐 +𝟔𝒙𝒚
𝒄) = + 𝟑𝒙𝟐 − 𝟔𝒚𝟐
𝒅𝒕 𝒕𝟐
𝒅) 𝒃. 𝒇𝒙 + 𝛽𝒇𝒚 + 𝒇𝒕
[ . ]
𝜕𝑧 𝜕𝑧
35. If 𝑧 = 𝑒 𝑎𝑥+𝑏𝑦 𝑓(𝑎𝑥 − 𝑏𝑦), show that 𝑏 𝜕𝑥 + 𝑎 𝜕𝑦 = 2𝑎𝑏𝑧.
37. Let f be a differentiable function of one variable and let a and b be tow constants.
Suppose that the equation 𝑥 − 𝑎𝑧 = 𝑓(𝑦 − 𝑏𝑧) defines z as a differentiable function
of x and y. prove that z satisfies 𝑎𝑧𝑥 + 𝑏𝑧𝑦 = 1.
𝜕𝑤 𝜕𝑤 𝜕𝑤
38. Let 𝑤 = 𝑓(𝑥 − 𝑦, 𝑦 − 𝑧, 𝑧 − 𝑥). Show that 𝜕𝑥 + 𝜕𝑦 + = 0.
𝜕𝑧
𝑑𝑧
39. If 𝑧 = √𝑥 2 + 𝑦 2 and 𝑥 3 + 𝑦 3 + 3𝑎𝑥𝑦 = 5𝑎2 , find the value of 𝑑𝑥 when 𝑥 = 𝑎, 𝑦 =
𝑎.[0]
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Rahul Sir
𝝏𝒀 𝟏
=
𝝏𝑰𝟎 𝟏 − 𝜷 + 𝜷𝜹
𝝏𝒀 𝟏
=
{𝝏𝑮𝟎 𝟏 − 𝜷 + 𝜷𝜹}
42. The equilibrium values of the variables Y, C and I are given by the solution of three
equation:
𝑌=𝐶+𝐼+𝐺
𝐶 = 𝑓 (𝑌, 𝑇, 𝑟)
𝐼 = ℎ(𝑌, 𝑟)
Where T, G and r are parameters and f and h are differentiable functions. How does Y
changes when T and G increase by equal amount with no change in r. (Eco(H) 2012)
𝒅𝒀 𝒇′ +𝟏
{ = 𝟏−𝒇𝑻′ −𝒉′ }
𝒅𝑻 𝒚 𝒓
Implicit Functions
𝑑𝑦 𝑑2 𝑦
43. (a) If 𝑥 3 + 𝑦 3 − 3𝑎𝑥𝑦 = 0. Find 𝑑𝑥 and 𝑑𝑥 2 .
𝒂𝒚− 𝒙𝟐 𝟐𝒂𝒙𝟐 𝒚
[ , ]
𝒚𝟐 −𝒂𝒙 (𝒂𝒙−𝒚𝟐 )𝟑
𝑑𝑦 −(𝟗𝒙𝟐 +𝟖𝒙𝒚+𝒚𝟐 )
(b) Find 𝑑𝑥 for the function 3𝑥 3 + 4𝑥 2 𝑦 + 𝑥𝑦 2 + 2𝑦 3 = 0 [ ]
𝟒𝒙𝟐 +𝟐𝒙𝒚+𝟔𝒚𝟐
44. Output z is a function of inputs x and y: 𝑧 = 𝑓(𝑥, 𝑦). Both marginal products are
strictly positive and strictly diminishing. State the condition for this to be true. Input
available change overtime.
𝑥 = 𝜙(𝑡), 𝑦 = 𝑢(𝑡).
𝑑𝑧 𝑑2 𝑧
Obtain 𝑑𝑡 and 𝑑𝑡 2 ; in terms of 𝑓, 𝜙 𝑎𝑛𝑑 𝑢. (Eco(H) 2014)
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𝒅𝒛
{ = 𝒇′ 𝒙 𝝓′ (𝒕) + 𝒇′ 𝒚 𝒖′ (𝒕)};
𝒅𝒕
𝒅𝟐 𝒛
{ 𝟐 = 𝒇′′ (𝒙)[𝝓′ (𝒕)]𝟐 + 𝟐𝒇′′ 𝒙𝒚𝝓′ (𝒕)𝒖′ (𝒕) + 𝒇′′ 𝒚[𝒖′ (𝒕)]𝟐 + 𝒇′ 𝒙𝝓′′ (𝒕) + 𝒇′ 𝒚 𝒖′′ (𝒕)}
𝒅𝒕
𝑑2 𝑦 2𝑎 2 𝑥 2
45. Prove that 𝑑𝑥 2 + = 0, where 𝑦 3 − 3𝑎𝑥 2 + 𝑥 3 = 0.
𝑦5
𝜕𝑧 𝜕𝑧 𝒇 𝒇
48. (a) If 𝑓(𝑥, 𝑦, 𝑧) = 𝑐, find and . [− 𝒇𝒙 , − 𝒇𝒚 ]
𝜕𝑥 𝜕𝑦 𝒛 𝒛
𝜕𝑧 𝜕𝑥 𝜕𝑦
(b) If 𝑓(𝑥, 𝑦, 𝑧) = 0, find . . . [-1]
𝜕𝑥 𝜕𝑦 𝜕𝑧
𝜕𝑧 𝜕𝑧
49. Assume that 𝑓(𝑥, 𝑦, 𝑧) = 𝑐 and z is a function of x and y. Find 𝜕𝑥 𝑎𝑛𝑑 if z is defined
𝜕𝑦
implicitly by the equation: 𝑥 2 + 2𝑥𝑦 + 𝑦 3 + 𝑒 𝑧 = 4. (Eco(H) 2012)
𝝏𝒛 −(𝟐𝒙 + 𝟐𝒚𝒛) 𝝏𝒛 −(𝟐𝒙𝒛 + 𝟑𝒚𝟐 )
{ = ; = }
𝝏𝒙 (𝟐𝒙𝒚 + 𝒆𝒛 ) 𝝏𝒚 (𝟐𝒙𝒚 + 𝒆𝒛 )
𝜕𝑦 𝜕𝑧 𝜕𝑥
50. If ∅(𝑥, 𝑦, 𝑧) = 0, show that ( 𝜕𝑧 ) × (𝜕𝑥) × (𝜕𝑦) = −1
𝑥 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡 𝑦 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡 𝑧 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡
Express the derivative h’(x) in terms of the partial derivatives of f and g. (Eco(H)
2014)
(𝒇′𝒚)(𝒈′𝒙)
{𝐡’(𝐱) = (𝒇′ 𝒙) − }
(𝒈′𝒚)
52. For the curve given by 𝑥 3 + 𝑥 2 𝑦 − 2𝑦 2 − 10𝑦 = 0 find the slope of and equation for
the tangent at the point (x,y)=(2,1). [slope =8/5 ; (1/5)(8x-11)
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2
53. (a) Assume that the equation 𝑒 𝑥𝑦 − 2𝑥 − 4𝑦 = 𝑐 defines y as a differentiable
function 𝑦 = 𝑓(𝑥) of x. find a value of the constant c such that 𝑓(0) = 1, and
compute 𝑦 ′ 𝑎𝑡 (𝑥, 𝑦) = (0,1). Find the tangent to the curve at (2, 1).
56. The equation 𝑦 2 + 5𝑥 = 𝑥𝑒 𝑥(𝑦−2) represents a curve in the xy-plane. Explain why the
curve passes through the point (-1, 2), and show that the slope of the tangent at this
point is equal to -4/3. Also find the equation for the tangent here.
[The curve passes through (-1, 2); equation y = 1/3(-4x+2)]
57. An equilibrium model of labor demand and output pricing leads to the system of
equations: 𝑃𝑓 ′ (𝐿) − 𝑤 = 0 𝑎𝑛𝑑 𝑃𝑓 (𝐿) = 𝑤𝐿 + 𝑐, where 𝑓 is twice differentiable with
𝑓 ′ (𝐿) > 0 𝑎𝑛𝑑 𝑓 ′′ (𝐿) < 0. All the variables are positive. Regard w and c as exogenous
so that P and L are endogenous variables which are functions of w and c around the
point
𝜕𝑃 𝜕𝑃 𝜕𝐿 𝜕𝐿
𝐴(𝑤, 𝑐, 𝑃, 𝐿) = (𝑤0 , 𝑐0 , 𝑃0 , 𝐿0 ). 𝐹𝑖𝑛𝑑 𝑒𝑥𝑝𝑟𝑒𝑠𝑠𝑖𝑜𝑛𝑠 𝑓𝑜𝑟 , , , by implicit
𝜕𝑤 𝜕𝑐 𝜕𝑤 𝜕𝑐
differentiation. (Eco(H) 2018)
Directional Derivatives
58. Let 𝑓(𝑥, 𝑦) = 𝑥𝑦. Compute the first and second directional derivatives of f at (𝑥0 , 𝑦0 )
in the directions:
1 1 𝒚𝟎 𝒙𝟎
(a) (ℎ, 𝑘) = ( , ) [ + ] [1]
√ 2 √ 2 √𝟐 √𝟐
1 1 𝒚𝟎 𝒙𝟎
(b) (ℎ, 𝑘) = ( ,− ) [ - ] [-1]
√ 2 √2 √𝟐 √𝟐
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59. Compute the directional derivatives of the following functions at the given point and
in the given direction:
(a) 𝑓(𝑥, 𝑦) = 2𝑥 + 𝑦 − 1 𝑎𝑡 (2,1), in the direction of (1,1). [3√𝟐/𝟐 ]
(b) 𝑔(𝑥, 𝑦) = 𝑥𝑒 𝑦𝑥 − 𝑥𝑦 at (1,1), in the direction of (3,4). [2e – 7/5 ]
60. Compute the directional derivatives of the following functions at the indicated points
in the given direction d.
a) f(x, y)= x+2𝑥 2 -3xy; (𝑥0 , 𝑦0 )=(1,1); d=(3/5, 4/5) [-6/5]
b) f(x, y)= log√𝑥 2 + 𝑦 2 ; (𝑥0 , 𝑦0 )=(1,0); d=(2/√5, 1/√5) [2/√𝟓] (Eco(H)
2014)
61. For the function (x, y) = 𝑥 2 𝑦 3 − 4𝑦, find the gradient at the point (2,-1). Hence find
the directional derivative in the direction of unit vector v = (2/√29, 5/√29).
[32/√𝟐𝟗]
62. Compute the directional derivative of 𝑓(𝑥, 𝑦) = 𝑥𝑦 2 + 𝑥 3 𝑦 at the point (4, −2) in the
1 3
direction ( , ) [128/√𝟏𝟎 ]
√10 √10
63. Consider the function 𝑓(𝑥, 𝑦) = 𝑥/𝑦. Let 𝑃 = (1, 2)and 𝑄 = (7, 5). Find the first
and second directional derivative of f at P in the direction of Q. (Eco(H) 2012)
𝟗 𝟒𝟓
[𝟏𝒔𝒕 𝒐𝒓𝒅𝒆𝒓 𝒅𝒆𝒓𝒊𝒗𝒂𝒕𝒊𝒗𝒆 = ; 𝟐𝒏𝒅 𝒐𝒓𝒅𝒆𝒓 𝒅𝒆𝒓𝒊𝒗𝒂𝒕𝒊𝒗𝒆 = − ]
𝟒√𝟕𝟒 𝟐𝟗𝟔
64. Consider the function 𝑓(𝑥, 𝑦) = 𝑥𝑒 2𝑦−𝑥 . In what direction should one move from the
point (2, 1) to increase the value of the function most rapidly? What is the maximum
rate of increase? (Eco(H) 2017)
−𝒊̂ + 𝟒𝒋̂
{ , √𝟏𝟕}
√𝟏𝟕
𝑰𝒏 𝒕𝒉𝒆 𝒅𝒊𝒓𝒆𝒄𝒕𝒊𝒐𝒏 𝒇𝒓𝒐𝒎 𝑷 𝒕𝒐 𝑸, 𝒕𝒉𝒆 𝒇𝒖𝒏𝒄𝒕𝒊𝒐𝒏 𝒉𝒂𝒗𝒆 𝒕𝒉𝒆 𝒎𝒂𝒙𝒊𝒎𝒖𝒎 𝒓𝒂𝒕𝒆 𝒐𝒇 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆
{ }
𝒂𝒏𝒅 𝒕𝒉𝒆 𝒎𝒂𝒙𝒊𝒎𝒖𝒎 𝒓𝒂𝒕𝒆 𝒐𝒇 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝒊𝒔 − 𝟑/𝟒.
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66. For the function (x, y) = 𝑥 2 𝑦 3 − 4𝑦, find the gradient at the point (2, -1). Also, find
2 5
the directional derivative in the direction of the unit vector v = ( , ). (Eco(H)
√29 √29
2015)
𝟑𝟐
{ }
√𝟐𝟗
67. Compute the directional derivative of f(x, y) = 𝑥 2 𝑦 + 𝑥 3 𝑦 at the point (4, -2) in the
1 3
direction ( , ). (Eco(H) 2010) (128/√𝟏𝟎)
√10 √10
b) Find the value of 2nd order direct partial derivative of z with respect to y for the
function in part a) above at (1, 1, 1) (Eco(H) 2018)
𝑥2 𝑦2
69. Find a unit vector in the direction in which f(x, y) = +
2 2
a) Increases most rapidly at P(1, 1). Also, find the rate of change of f(x, y) at P in that
direction.
b) Decreases most rapidly at P(1, 1). Also, find the rate of change of f(x, y) at P in that
direction.
71. Let f(x, y) = x-y and g(x, y) = xy. Evaluate each of the following:
a) ∇(2𝑓)
b) ∇(f + g )
c) ∇(f − g )
d) ∇(fg)
e) ∇(f/g)
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73. For the functions below, find a unit vector in the direction in which 𝑓(𝑥, 𝑦) increase
most rapidly at P :
𝟖𝒊+𝟒𝒋
(a) 𝑓(𝑥, 𝑦) = 4𝑥 2 𝑦 𝑃 = (1,1) [ ]
√𝟖𝟎
𝟏 𝟐
𝒊+ 𝒋
(b) 𝑓(𝑥, 𝑦) = 𝐼𝑛(𝑥 2 + 𝑦 2 )1/2 𝑃 = (1,2) [ 𝟓 𝟓
]
𝟏 𝟐 𝟐 𝟐
√( ) +( )
𝟓 𝟓
76. Examine the definiteness of the following quadratic forms subject to the given linear
constraint:
(a) 𝑥 2 − 2𝑥𝑦 + 𝑦 2 Subject to 𝑥 + 𝑦 = 0.
(b) 2𝑥 2 − 4𝑥𝑦 + 𝑦 2 Subject to 3𝑥 + 4𝑦 = 0.
(c) −𝑥 2 + 𝑥𝑦 − 𝑦 2 Subject to 5𝑥 − 2𝑦 = 0.
(d) q(u, v) = 2𝑢2 − 4𝑢𝑣 + 𝑣 2 Subject to 3u + 4v = 0.
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𝒂) 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
𝒃) 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
( )
𝒄) 𝒏𝒆𝒈𝒂𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
𝒅) 𝒑𝒐𝒔𝒊𝒕𝒊𝒗𝒆 𝒅𝒆𝒇𝒊𝒏𝒊𝒕𝒆
77. Express the quadratic forms below as a matrix product involving a symmetric
coefficient matrix. How is this matrix related to the Hessian of the quadratic form?
Use the coefficient matrix to determine the definiteness of the quadratic forms:
(a) 𝑓(𝑥1 , 𝑥2 ) = 𝑥12 − 6𝑥1 𝑥2 + 9𝑥22 [Positive semi definite]
2 2
(b) 𝑔(𝑥1 , 𝑥2 ) = 3𝑥1 − 4𝑥1 𝑥2 + 7𝑥2 [Positive definite]
(Eco(H) 2012)
Tangent Planes
79. Find the tangent planes to the following surfaces at the indicated points:
(a) 𝑧 = 𝑥 2 + 𝑦 2 𝑎𝑡 (1, 2,5)
(b) 𝑧 = (𝑦 − 𝑥 2 )(𝑦 − 2𝑥 2 ) 𝑎𝑡 (1,3,2)
𝒂) 𝒛 = 𝟐𝒙 + 𝟒𝒚 − 𝟓
[ ]
𝒃)𝒛 = 𝟏𝟎𝒙 + 𝟑𝒚 + 𝟑
80. Prove that all tangent planes to 𝑧 = 𝑥 𝑓(𝑦/𝑥) pass through the origin.
81. Find the equation of the tangent plane to the surface𝑧 = 𝑥 2 + 3𝑥𝑦 + 𝑦 2 when 𝑥 =
1 𝑎𝑛𝑑 𝑦 = 2. [𝒛 = 𝟖𝒙 + 𝟕𝒚 − 𝟏𝟏]
82. Find the equation of the tangent plane at the point (𝑥1 , 𝑦1 , 𝑧1 ) on the surface
𝑧 = √𝑥𝑦. [𝒙𝒚𝟏 + 𝒚𝒙𝟏 − 𝟐𝒛𝒛𝟏 ]
83. Find the equation of the tangent plane and the normal line to the surface,
𝑓(𝑥, 𝑦) = 𝑥 2 + 𝑦 4 + 𝑒 𝑥𝑦 at the point (1, 0, 2). (Eco(H) 2017)
{(𝑻𝒂𝒏𝒈𝒆𝒏𝒕 𝒑𝒍𝒂𝒏𝒆 = 𝟑𝒙 + 𝒚 − 𝒛 = 𝟏); 𝑵𝒐𝒓𝒎𝒂𝒍 𝒍𝒊𝒏𝒆(𝒙 = 𝟏 + 𝟑𝒕, 𝒚 = 𝒕)}
84. Find the equation for the plane that is tangent to the given surface
𝑧 = ln(𝑥 2 + 𝑦 2 ) at the point (1, 0, 0) (Eco(H) 2016)
{𝒛 = 𝒙 − 𝟏}
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85. Find the equation for the tangent plane at(𝑥0 , 𝑦0 , 𝑧0 ) = (1,1,5) to the graph of
𝑓(𝑥, 𝑦) = 𝑥 2 + 2𝑥𝑦 + 2𝑦 2 [ Z = 4x + 6y - 5]
86. Show that the equation of the tangent plane of the point (𝑥1 , 𝑦1 , 𝑧1 ) on the surface 𝑧 =
√𝑥𝑦 is given by 𝑦1 𝑥 + 𝑥1 𝑦 − 2𝑧1 𝑧 = 0. (Eco(H) 2018)
𝑥
87. Find the equation for the tangent plane to the surface 𝑓(𝑥, 𝑦) = 𝑥+𝑦 at the point
(𝑥0 , 𝑦0 )=(1, 1). Find a unit normal vector to the surface at the point. (Eco(H) 2013)
𝟏
{𝒙 = 𝟏 + 𝒕, 𝒚 = 𝟏 − 𝒕, 𝒛 = − 𝟒𝒕}
𝟐
88. Find the equation of the plane through (1, 1, -1) and perpendicular to the line
(𝑥1 , 𝑥2 , 𝑥3 ) = (4 − 3𝑡, 2 + 𝑡, 6 + 5𝑡) (Eco(H) 2015)
{𝟑𝑥1 − 𝑥2 − 5𝑥3 = −1}
89. Let 𝑓(𝑥, 𝑦) = 𝑥 3 𝑦 + 𝑦 3 𝑥 − 2𝑥𝑦. Let the point P(2, -1). (Eco(H) 2013)
Linear Approximation
91. Find the linear approximation about (0,0) for the following:
(a) 𝑓(𝑥, 𝑦) = √1 + 𝑥 + 𝑦 (b) 𝑓(𝑥, 𝑦) = 𝑒 𝑥 1𝑛(1 + 𝑦)
(c) 𝑓(𝑥, 𝑦) = 𝐴(𝑥 + 1)𝑎 (𝑦 + 1)𝑏
𝒙 𝒚
𝒂) 𝒇(𝒙, 𝒚 ≈ 𝟏 + 𝟐 + 𝟐)
[ 𝒃) 𝒇(𝒙, 𝒚) ≈ 𝒚 ]
𝒄)𝒇(𝒙, 𝒚) ≈ 𝑨(𝟏 + 𝒂𝒙 + 𝒃𝒚)
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(b) Let 𝑓(1.02,1.99 = 𝑓(1 + 1.2,2 − 0.01) and find an approximate value
for 𝑓(1.02,1.99). How large is the error caused by
this approximation? [The error is 0.0009]
(c) Let 𝑓 (𝑥, 𝑦) = 3𝑥 2 𝑦 + 2𝑦 3 . Then 𝑓(1, −1) = −5, estimate the value of
𝑓(0.98, −1.01).How large is the error caused by
this approximation? [The error is 0.000614]
𝑥−𝑦
94. Find the linear approximation to the function 𝑧 = 𝑥+𝑦 , when each of x and y is
𝒙−𝒚
approximately equal to 1. [𝒛 = ]
𝟐
95. Find an approximate value for 𝑇 = [(2.01)2 + (2.99)2 + (6.02)2 ]1/2 by using the
approximation ∆𝑇 ≈ 𝑑𝑇. [7.016]
5𝑡 2 +3𝑥𝑦
96. Calculate the rate of change in 𝑧 at 𝑡 = 0 if 𝑧 = , 𝑥 = 𝑡 2 + 1, 𝑦 = √𝑡 2 + 1,
2𝑤 2 𝑦
𝑤 = 𝑒 𝑡 + 1 (Eco(H) 2018)
97. Let 𝑓(𝑎, 𝑣) be the length of a cube whose surface area is a and whose volume is v.
Find the linear approximation of the function at (6, 1). (Eco(H) 2013)
{𝟏 + 𝒇′𝒂 (𝒂 − 𝟔) + 𝒇′𝒗 (𝒗 − 𝟏)}
1
98. Suppose that 𝑓(𝑢, 𝑣) = [(1 + 𝑢)(1 + 𝑣)𝑎 ]1−𝛽 − 1
1 𝛼
Show that if a and b are close to zero, then 𝑓 ∗ (𝜇, 𝑣) = 𝑈+ 𝑉. (Eco(H) 2010)
1−𝛽 1−𝛽
Homogeneous Functions
100. Examine which of the following function are homogeneous, and find, if possible, the
degree of homogeneity:
(i) 𝑓(𝑥, 𝑦) = 3𝑥 + 4𝑦 (ii) 𝑓(𝑥, 𝑦) = 3𝑥 + 4𝑦 − 2
(iii)𝑓(𝑥, 𝑦) = 𝑥 4 + 𝑥 2 𝑦 2 (iv) 𝑥(𝑝, 𝑟) = 𝐴𝑝−1.5 𝑟 2.08
(v) 𝑓(𝑥, 𝑦) = 𝑥 3 + 𝑥𝑦 2 (vi) ℎ(𝑥, 𝑦, 𝑧) =
√𝑥+√𝑦+√𝑧
𝑥+𝑦+𝑧
𝑥 2+𝑦 2 (viii) ℎ(𝑥, 𝑦) = 1𝑛 𝑥 + 1𝑛 𝑦
(vii) 𝑔(𝑥, 𝑦) = √𝑥𝑦1𝑛
𝑥𝑦
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𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟏
𝒊𝒊) 𝒏𝒐𝒕 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔
𝒊𝒊𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟒
𝒊𝒗) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟎. 𝟓𝟖
𝒗) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟑
𝟏
𝒗𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 − 𝟐
𝒗𝒊𝒊) 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 𝒐𝒇 𝒅𝒆𝒈𝒓𝒆𝒆 𝟏
[ 𝒗𝒊𝒊𝒊) 𝒏𝒐𝒕 𝒉𝒐𝒎𝒐𝒈𝒆𝒏𝒐𝒖𝒔 ]
104. (a) If 𝑔(𝑥, 𝑦) is homogeneous of degree1, show that 𝑓(𝑥, 𝑦) = 𝑎 1𝑛[𝑔(𝑥, 𝑦)/𝑥)] is
homogeneous of degree 0.
(b) With appropriate requirements on the function f, prove that 𝑧 = 𝑥𝑓(𝑥/
𝑦) implies 𝑥𝑧𝑥 + 𝑦𝑧𝑦 = 𝑧.
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105. Show that 𝑓(𝑥, 𝑦) = 𝑥𝑦 2 + 𝑥 2 y is homogeneous of degree 3. Verify that the four
properties to hold.
106. See whether the function 𝑓(𝑥, 𝑦) = 𝑥𝑦/(𝑥 2 + 𝑦 2 ) is homogeneous, and check
Euler’s theorem if it is. [Homogenous of degree 0]
107. 𝐹(𝑥, 𝑦) = 𝑎 1𝑛 𝑥 + 𝑏 1𝑛 𝑦 = 1𝑛(𝑥 𝑎 𝑦 𝑏 ); for all 𝑥 > 0 and 𝑦 > 0, where; a and b
are any positive parameters. Then show that F is homothetic but not homogenous
function
110. Which of the following functions are Homogenous/Homothetic? Give reasons for
your answers.
2 2
a) 𝑓 (𝑥, 𝑦) = 𝑒 𝑥 𝑦 , 𝑒 𝑥𝑦 (Not Homogenous)
𝑥2
b) ℎ(𝑥, 𝑦) = ln (𝑦 2 ) , (𝑥 ≠ 0, 𝑦 ≠ 0) (Homogenous) (Eco(H) 2017)
2𝑦 𝑦 2
112. Draw a sketch of the level curve(s) to the function f(x, y)= 𝑥 + (𝑥 ) at the height 3
cm or m. Is the function homothetic? (Eco(H) 2019)
113. If z is a function of x and y homogeneous of degree zero, show that z can be written
𝑦 𝜕𝑧 𝑥 𝜕𝑧
as a function of 𝑥 only and that 𝜕𝑦 = − 𝑦 𝜕𝑥.
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116. If y = f(𝑥1 , 𝑥2 , 𝑥3 )is a linearly homogenous function, show that it can be written as
𝑥 𝑥 𝜕𝑦 𝜕𝑦 𝜕𝑦
𝑦 = 𝑥1 ∅ (𝑥2 , 𝑥3 ). Find 𝜕𝑥 , 𝜕𝑥 𝑎𝑛𝑑 and verify Euler’s theorem.
1 1 1 2 𝜕𝑥3
𝑦 𝜕𝑧 𝜕𝑧
119. (a) 𝑧 = 𝑥𝑦𝑓 (𝑥 ), show that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 = 2𝑧.
𝑦 𝜕𝑢 𝜕𝑢
(b) If 𝑢 = 𝑓 (𝑥 ), show that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 = 0.
𝑥 4 +𝑦 4 𝜕𝑢 𝜕𝑢
(c) If 𝑢 = 𝑙𝑜𝑔 , show that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 = 3.
𝑥−𝑦
𝜕𝑢 𝜕𝑢 𝜕𝑢
120. If 𝑢 = (𝑥 2 + 𝑦 2 + 𝑧 2 )−1/2 , show that 𝑥 𝜕𝑥 + 𝑦 𝜕𝑦 + 𝑧 𝜕𝑧 = −𝑢.
𝑥𝑦 𝜕2𝑢 𝜕 2𝑢 𝜕2𝑢
121. (a) If 𝑢 = 𝑥+𝑦, show that 𝑥 2 𝜕𝑥 2 + 2𝑥𝑦 𝜕𝑥𝜕𝑦 + 𝑦 2 𝜕𝑦 2 = 0
𝑥𝑦 𝜕 2𝑢 𝜕2𝑢 1 𝜕𝑢
(b) If , show that 𝑥 𝜕𝑥 2 + 𝑦 𝜕𝑥𝜕𝑦 = 2 𝜕𝑥 .
√𝑥+√ 𝑦
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126. Output z is a linear homogenous function f(x, y) of input quantities x and y. Show
𝑧 𝑧
that average product of each input 𝑥 𝑎𝑛𝑑 𝑦 can be expressed as function only of the
𝑥
ratio 𝑦 in which the inputs are used. Show further that if the average product of an
input increases as the quantity of that input is increased while keeping the quantity
used of the other input fixed, then the marginal product of other input must be
negative. (Eco(H) 2014)
127. Let 𝑓 be a function of x and y defined for 𝑥 > 0, 𝑦 > 0. Show that if function is
homogenous of degree 1, then slopes of the level curves are equal along any ray y =
cx. Show that the function G of x and y defined by 𝐺(𝑥, 𝑦) = 𝜙[𝑓(𝑥, 𝑦)] possesses the
same property if 𝜙 is strictly increasing function of one variable. (Eco(H) 2013)
System of Equation
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𝑧 + 𝑤 = 𝑥𝑦
𝑧𝑤 = 𝑥 + 𝑦
Find the differentials of z and w expressed in terms of dx and dy. (Eco(H) 2016)
𝟏 𝟏
{𝒅𝒛 = [(𝟏 − 𝒛𝒙)𝒅𝒚 + (𝟏 − 𝒛𝒚)𝒅𝒙]; 𝒅𝒘 = [(𝒘𝒙 − 𝟏)𝒅𝒚 + (𝒘𝒚 − 𝟏)𝒅𝒙] }
𝒘−𝒛 𝒘−𝒛
133. Suppose that 𝑦1 𝑎𝑛𝑑 𝑦2 are implicitly defined as differentiable functions of 𝑥1 𝑎𝑛𝑑 𝑥2
by
𝑓1 (𝑥1 , 𝑥2 , 𝑦1 , 𝑦2 ) = 3𝑥1 + 𝑥22 − 𝑦1 − 3𝑦23 = 0
𝑓2 (𝑥1 , 𝑥2 , 𝑦1 , 𝑦2 ) = 𝑥13 − 2𝑥2 + 2𝑦13 − 𝑦2 = 0
𝜕𝑦 𝜕𝑦2
Compute 𝜕𝑥1 𝑎𝑛𝑑 .
1 𝜕𝑥1
134. The function f(x, y, z, u, v):𝑅3 → 𝑅2 is defined by the system of two equations:
u3yz + 2xv – u2v2 – 2 = 0 and xy2 +xzu + yv2 – 3 = 0, has a solution at (x, y, z, u, v) =
(1, 1, 1, 1, 1). Find the values of endogenous variables u and v when x = 1.02, y = 0.99
and z = 1. (Eco(H) 2019)
Total Differentials
135. Find the total differentials for each if the following functions:
(a) 𝑧 = 𝑥 3 𝑦 2 − 𝑥 2 𝑦 3 𝑥 2 +𝑦 2
(b) 𝑧 = 𝑥 2 −𝑦 2
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138. Find the second order total differential of the following functions:
(a) z = 𝑥 3 + 3𝑥 2 + 5𝑥𝑦 + 𝑦 2 + 2𝑦 3 (b) 𝑧 = √𝑥 2 −𝑦 2
(c) 𝑧 = 5𝑦 log(𝑥 + 𝑦) (d) 𝑧 = 𝑒 𝑥+𝑦
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(e) 𝑧 = 7𝑦 log(1 + 𝑥 )
𝒂) 𝒅𝟐 𝒛 = (𝟔𝒙 + 𝟔)𝒅𝒙𝟐 + 𝟏𝟎𝒅𝒙𝒅𝒚 + (𝟐 + 𝟏𝟐𝒚)𝒅𝒚𝟐
𝟏
𝒃) 𝒅𝟐 𝒛 = 𝟐 𝟐 𝟐
𝟑 (𝒚 𝒅𝒙 − 𝟐𝒙𝒚𝒅𝒙𝒅𝒚 + 𝒙 𝒅𝒚 )
𝟐
( 𝒙𝟐 − 𝒚𝟐 ) 𝟐
𝟏
𝒄) 𝒅𝟐 𝒛 = (−𝟓𝒚𝒅𝒙𝟐 + 𝟏𝟎𝒙𝒅𝒙𝒅𝒚 + (𝟏𝟎𝒙 + 𝟓𝒚)𝒅𝒚𝟐
( 𝒙 + 𝒚) 𝟐
𝒅)𝒅𝟐 𝒛 = 𝒆𝒙+𝒚 (𝒅𝒙𝟐 + 𝟐𝒅𝒙𝒅𝒚 + 𝒅𝒚𝟐 )
−𝟕𝒚 𝟏𝟒
𝒆)𝒅𝟐 𝒛 = 𝟐
𝒅𝒙𝟐 + 𝒅𝒙𝒅𝒚
[ (𝟏 + 𝒙) (𝟏 + 𝒙) ]
139. Output Q(t) is related to capital stock k(t) and labor supply L(t) as follows:
𝑄(𝑡) = 𝐴𝑒 𝛼𝑡 [𝐾(𝑡)]𝛽 [𝐿(𝑡)]1−𝛽
For constant A, 𝛼, 𝛽 (A, 𝛼 > 0)( 0 < 𝛽 < 1)
Find the expression for the rate of growth of output in terms of the constants and the
rate of growth of capital stock and labor supply. (Eco(H) 2011)
𝒅
{ 𝐥𝐨𝐠 𝐐(𝒕) = 𝜶 + 𝜷𝒓𝒌 + (𝟏 − 𝜷)𝒓𝑳 }
𝒅𝒕
140. The demand for good both depends upon the price p of the good and the tax rate t:
𝐷 = 𝑓(𝑝, ℎ(𝑡)), Where h is a given function. The supply of the good depends on the
price: S = g(p). For any given value of t, an equilibrium price is a solution of the
equation
𝑓(𝑝, ℎ(𝑡)) = 𝑔(𝑝). Assume that this equation defines p as a differentiable function of
𝑑𝑝
t. Find 𝑑𝑡 in terms of derivatives of f, g and h. (Eco(H) 2011)
′( ′
𝒅𝒑 𝒇 𝒕). 𝒉 (𝒕)
{ = ′ }
𝒅𝒕 𝒈 (𝒑) − 𝒇′ (𝒑)
141. Let 𝑧 = 𝑥 2 + 3𝑥𝑦 − 𝑦 2 . Suppose x changes from 2 to 2.01 and y changes from 3 to
2.98. Find and compare the values of ∆𝑧 𝑎𝑛𝑑 𝑑𝑧. (Eco(H) 2017)
{𝒅𝒛 = 𝟎. 𝟏𝟑; ∆𝒛 = 𝟎. 𝟏𝟐𝟗𝟏}
142. Find 𝑑𝑈 expressed in terms of 𝑑𝑥 and dy when 𝑈 = 𝑈(𝑥, 𝑦) satisfies the equation
√𝒚 𝒙
𝑈𝑒 𝑢 = 𝑥√𝑦 [𝒅𝑼 = 𝒆𝒖 +𝑼𝒆𝒖 𝒅𝒙 + 𝟐 𝒅𝒚]
√𝒚(𝒆𝒖 +𝑼𝒆𝒖 )
Elasticity
143. Find the elasticity of 𝑧 = 𝑥𝑦𝑒 𝑥+𝑦 w.r.t. x (with x and y both positive) [1+x]
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2
144. Find the elasticity of y w.r.t x when 𝑥 𝑎 𝑦 𝑏 = 𝐴𝑒 𝑥/𝑦 . (Eco(2010))
𝒂𝒙𝒂 𝒚𝒃 − 𝒙𝒂+𝟏 . 𝒚𝒃−𝟐
{ 𝒂 𝒃 }
𝒃𝒙 𝒚 + 𝟐𝒙𝒂+𝟏 . 𝒚𝒃−𝟐
145. Find the partial elasticity of z with respect to x and y in the following cases:
(a) 𝑧 = 𝑥𝑦 (b) 𝑧 = 𝑥 2 𝑦 5
(c) 𝑧 = 𝑥 𝑛 𝑒 𝑥 𝑦 𝑛 𝑒 𝑦 (d) 𝑧 = 𝑥 + 𝑦
𝒂)𝑬𝒍𝒙 𝒛 = 𝟏, 𝑬𝒍𝒙 𝒚 = 𝟏
𝒃) 𝑬𝒍𝒙 𝒛 = 𝟐, 𝑬𝒍𝒙 𝒚 = 𝟓
𝒄) 𝑬𝒍𝒙 𝒛 = 𝒏 + 𝒙, 𝑬𝒍𝒙 𝒚 = 𝒏 + 𝒚
𝒙 𝒚
[ 𝒅) 𝑬𝒍𝒙 𝒛 = 𝒙+𝒚 , 𝑬𝒍𝒙 𝒚 = 𝒙+𝒚 ]
𝑔
147. Let 𝑧 = (𝑎1 𝑥1𝑑 + 𝑎2 𝑥2𝑑 + 𝑎3 𝑥3𝑑 ) , where 𝑎1 , 𝑎2 , 𝑎3 , 𝑑, and g are constants. Compute
𝐸𝐼1 𝑧 + 𝐸𝐼2 𝑧 + 𝐸𝐼3 𝑧. [𝑬𝒍𝒊 𝒛 = 𝒑 + 𝒂𝒊 𝒙𝒊 ; 𝒇𝒐𝒓 𝒊 = 𝟏, … 𝒏. ]
149. In a factory, the daily output 𝑄 = 60𝐾 1/2 𝐿1/3 units, where k denotes the capital
investment (in units of Rs. 1000) and L is the size of the labor force (in working
hours). The current capital investment is Rs. 900,000 and 1000 worker hours of
labor are used each day. Using differential, estimate the change in output that will
result when capital investment is increased by 3%. {𝒅𝑸 = 𝟒𝟓𝟎𝟎𝟎𝟎𝟎}
(Eco(H) 2016)
150. The demand for good 1 and good 2 are given by:
𝑞1 = 𝑝1 −1.7 𝑝2 0.8 𝑎𝑛𝑑 𝑞2 = 𝑝1 0.5 𝑝2 −0.2
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Where 𝜌, 𝛼, 𝛽 𝑎𝑛𝑑 𝛾 are constant. Compute the sum of partial elasticity of Q with
respect to K, L and N. (Eco(H) 2012) {𝟑𝝆 + 𝜶𝑲 + 𝜷𝑳 + 𝜸𝑵}
155. Let f be function which 𝑓 (𝑥 ) > 0, 𝑓′(𝑥 ) > 0, 𝑎𝑛𝑑 𝑓′′(𝑥) < 0 for all 𝑥 > 0.
𝑑𝑥
(a) The equation [𝑓 (𝑥 )/ 𝑓′(𝑥 )]-x = t defines x implicitly as a function of t. find 𝑑𝑡 and
show that it is > 0.
(b) Show that the elasticity 𝐸𝑙𝑡 𝑓′(𝑥 ) = −𝑡/(𝑡 + 𝑥)
Leibniz Formula:
1 2
156. Find F’(𝛼) when F(𝛼) = ∫0 𝑥𝑒 𝛼𝑥 𝑑𝑥(𝛼 ≠ 0) by using the Leibniz formula. Check the
answer by finding an explicit expression for F(𝛼) and then differentiating.
158. In a growth model studied by N. Kaldor and J.A. Mirrlees, a function N is defined by
𝑡
𝑁 (𝑡 ) = ∫ 𝑛(𝜏)𝑒 −𝛿(𝑡−𝑇(𝑡)) 𝑑𝜏
𝑡−𝑇(𝑡)
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160. Define
2𝑡 𝜏 2𝑡
𝑧(𝑡) = ∫𝑡 𝑥(𝜏) exp[− ∫𝑡 𝑟(𝑠)𝑑𝑠] 𝑑𝜏, 𝑝(𝑡) = exp[− ∫𝑡 𝑟(𝑠)𝑑𝑠]
where the functions 𝑥(𝜏) 𝑎𝑛𝑑 𝑟(𝑠) are both differentiable. Prove that
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chapter -4
2. For the demand functions of two commodities given below, find out whether the
commodities are substitute or complementary:
𝑥1 = 2𝑝1−0.6 𝑝20.8 and 𝑥2 = 3𝑝2−0.5 𝑝10.7
Where 𝑥1 𝑎𝑛𝑑 𝑥2 𝑎𝑟𝑒 𝑡ℎ𝑒 𝑞𝑢𝑎𝑛𝑡𝑖𝑡𝑖𝑒𝑠 𝑑𝑒𝑚𝑎𝑛𝑑𝑒𝑑 𝑎𝑡 𝑝𝑟𝑖𝑐𝑒𝑠 𝑝1 𝑎𝑛𝑑 𝑝2 𝑟𝑒𝑠𝑝𝑒𝑐𝑡𝑖𝑣𝑒𝑙𝑦 .
[Competitive]
4. If the demand functions for two related commodities are given by x = aeq-p, y = bep-
q, where x & y are quantities demanded, and p & q are their respective prices. Find
the four partial elasticity of demand and determine whether the commodities are
competitive or complementary. [Ans.: 11 = - p, 22 = -q, 12 = q, 21 = p;
Competitive]
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6. The joint demand function of two products are 𝑥1 = 2𝑝1−0.6 , 𝑝20.8 and 𝑥2 =
3𝑝10.7 , 𝑝2−0.5 , where X1 and X2 are the units demanded of the two products when their
prices are Rs. P1 and Rs. P2 per unit respectively. Find the four price elasticity at the
particular prices P1 and P2. Also find the percentage changes in the quantity
demanded when:
i) P1 increases by 2% from the existing level
ii) P2 decreases by 2% from the existing level
𝑨𝒏𝒔. : 𝟏𝟏 = −𝟎. 𝟔, 𝟏𝟐 = −𝟎. 𝟖, 𝟐𝟏 = 𝟎. 𝟕, 𝟐𝟐 = −𝟎. 𝟓,
[ (𝒊) 𝑿𝟏 𝒘𝒊𝒍𝒍 𝒅𝒆𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟐% 𝑿𝟐 𝒘𝒊𝒍𝒍 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟒%,]
(𝒊𝒊) 𝑿𝟏 𝒘𝒊𝒍𝒍 𝒅𝒆𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟔% 𝑿𝟐 𝒘𝒊𝒍𝒍 𝒊𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝒃𝒚 𝟏. 𝟎%
7. For the demand functions of two commodities given below, find the four partial
elasticity of demand with respect to price and indicate whether the commodities are
competitive or complementary:
𝑥1 = 2𝑝1−0.6 𝑝20.8 , 𝑥2 = 3𝑝10.7 𝑝2−0.5
Where x1 and x2 are the quantities demanded of the two commodities at prices p 1 and p2
respectively.
[Ans.: 11 = - 0.6, 12 = 0.8, 21 = 0.7 and 22 = -0.5; Competitive]
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9. The demand function for mutton is QM = 4850 – 5PM + 1.5PC + 0.1Y. Find
i) the income elasticity of demand, and
ii) the cross price elasticity of demand for mutton
At Y (income) = Rs. 1000, PM (price of mutton) = Rs. 200, Pc (price of chicken) = Rs. 100.
10. If the supply function x = f(p1, p2, …….., pm) is homogenous of degree n, show that
the sum of the partial price elasticity of supply equals n. (x denotes the quantity
supplied of a particular commodity and p1, p2,…., pm are the prices of different
commodities).
11. Calculate the first order total differential of the function z = f(x, y) = 7y log(1 + x)
𝟕𝒚
[𝑨𝒏𝒔. : 𝒅𝒛 = 𝒅𝒙 + 𝟕 𝐥𝐨𝐠(𝟏 + 𝒙) 𝒅𝒚]
𝟏+𝒙
12. Calculate the first order differential of the function Z = 3x2 + xy – 2y2.
[Ans.: dz = (6x + y) dx + (x – 4y) dy]
13. The output at a certain plant is Q = f(x, y) = 0.08x2 + 0.12xy + 0.03y2 units per day,
where x is the number of hours of skilled labor and y is the number of hours of
unskilled labor used. Currently 80 hours of skilled labor and 200 hours of unskilled
labor are being used each day. Use total differential of Q to estimate the change in
the output that will result when skilled and unskilled labor are increased by 5%.
Hence, find the percentage by which the daily output will increase. What is the
nature of returns to scale? [Ans.: 10%; Increasing]
14. The output at a certain plant is Q = f(x, y) = 0.08x2 + 0.12xy + 0.03y2 units per day,
where x is the number of hours of skilled labor and y is the number of hours of
unskilled labor used. Currently 80 hours of skilled labor and 200 hours of unskilled
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labor are being used each day. Use total differential of Q to estimate the change in
the output that will result if an additional hour of skilled labor is used along with an
additional 2 hours of unskilled labor. [Ans.: 80
units]
15. At a certain factory, daily output is q = 60L1/3 K1/2 units, where L indicates the size
of labor force and K denotes capital investment. Use the concept of total differential
to estimate the percentage by which daily output changes if capital investment and
labor force are both increased by 3%. What is the nature of return to scale in this
case?
[Ans.: 2.5%, Decreasing]
16. At a certain factory, daily output is Q = f(L, K) = 40L3/4K1/2, where L indicates the
size of labor force and K denotes the capital investment. Use calculus to estimate the
percentage by which the daily output will increase when capital investment and
labor force are increased by 4%. What is the nature of returns to scale in this case?
[Ans.: Output will increase by 5%; Increasing returns to scale]
Find marginal productivities of labor (L) and capital (K). Also find degree of homogeneity
𝜕𝑄 𝜕𝑄
of the production function using the formula 𝐿 𝜕𝐿, + 𝐾 𝜕𝐾 = 𝑛𝑄. [Ans.: 8K – 2L, 8L – 2K, n
= 2]
18. For the production function Q = f(L, K) = AK Lea(K/L), where A, , and a are
positive constants, find the marginal products of labor and capital. Also verify
Euler’s theorem.
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i) Calculate the marginal products of the two inputs when 10 units each of labor
and capital are used.
ii) 10 units of capital are used. What is the upper limit for use of labor which a
rational producer will never exceed?
[Ans.: (i) MPL = 28, MPK = 31, (ii) 150]
21. Define a homogeneous function. Find out the degree of homogeneity of the
production function 𝑄−𝛽 = a𝐾 −𝛼 + b𝐿−𝛽 , where Q represents output, K and L
denote factors of production labor and capital respectively. [Ans.: 1]
22. For the production function given below, show that the marginal products of the
factors depend only on the ratio of factors.
2ℎ𝑙𝑘 − 𝑎𝑙 2 − 𝑏𝑘 2
𝑥 = 𝑓 (𝑙, 𝑘) =
𝑐𝑙 + 𝑑𝑘
Also, determine the degree of homogeneity and verify Euler’s theorem for the function.
3) Input-Output Analysis
23. A production function is given by
𝑄 = 𝐴𝐿1/3 𝐾 1/3 , where L is labor and K is capital
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iii) Show that the total product is not exhausted if each factors is paid a price equal
to its marginal product. [Ans.: (i) Diminishing returns to factors, (ii)
Decreasing]
25. Suppose a firm has production function q = Ak𝐿1−𝛼 where A > 0 and 0 < < Show
that the production function has diminishing returns to inputs.
27. A firm’s production function is Q = f(L, K) = AL K. Under what conditions will it
give increasing returns to scale and diminishing returns to inputs, if possible?
Show that there are decreasing returns to scale and reduce that the total product is
greater than L times the marginal product of labor plus K times the marginal product of
capital.
29. Show that the production function 𝑥 = 𝑓(𝐿, 𝐾 ) = 2√𝐿𝐾 (where x, L and K are units
of output, labour and capital respectively) gives constant returns to scale and
diminishing returns to inputs.
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30. Define the degree of homogeneity of a function and state Euler’s theorem. Show that
the production function 𝑞 = 𝑓(𝑙, 𝐾 ) = √𝑙𝐾, (where q is total output obtained by
using l and k units of labour and capital respectively) gives constant returns to scale
and diminishing returns to inputs.
31. Given a linear homogeneous production function Z = ALKPy, where L, K, P stand
for factor quantities and A is a constant, show that
i) the sum of marginal products of factors each multiplied by its respective
quantity equals the total output,
ii) the sum of production elasticity with respect to the factors is unity, and
iii) In (i) and (ii) above, consider how these results change if the given production
function in not linear homogeneous, but homogeneous of degree n?
[Ans.: (iii) nZ, n]
1) Properties of Isoquants
2) MRTS and Elasticity of Substitutions
1) Properties of Isoquants:
32. Define isoquants and state their important properties.
Where A is a positive constant and L and K are strictly positive quantities of two factors of
production. Show that the isoquants generated by this production function are always
negatively sloped and convex to the origin.
34. For the constant production function Q = f(L, K) = ALK, show that the isoquants
generated are downward sloping and convex from below using the concepts of total
differential.
𝑑𝐾 𝑑2 𝐾
35. If the production function is X = 2ALK – B𝐿2 – C𝐾 2 , find 𝑑𝐿 𝑎𝑛𝑑 𝑑𝐿2 . Under what
conditions the isoquants are downward sloping and convex to the origin?
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37. Find the marginal rate of technical substitution and the elasticity of substitution for
𝐿𝐾
the production function 𝑄 = 𝑓 (𝐿, 𝐾 ) = 𝐿+𝐾 .
𝑲 𝟐 𝟏
[𝑨𝒏𝒔. : 𝑴𝑹𝑻𝑺 = ( ) , 𝝈 = ]
𝒍 𝟐
38. Find the elasticity of substitution for the following production function:
1
𝑄 = 𝑓(𝑙, 𝑘) = [𝑎𝑘 −𝑏 + (1 + 𝑎)𝑙 −𝑏 ]−𝑏
𝑓𝑙/𝑓𝑘 𝑑(𝑘/𝑙) 𝟏
By using the formula 𝜎 = . . [𝑨𝒏𝒔. : 𝝈 = ]
𝑘/𝑙 𝑑(𝑓𝑙/𝑓𝑘 ) 𝒃+𝟏
39. Find the marginal rate of technical substitution and elasticity of substitution for the
1
−
following production function: 𝑋 = 𝑓 (𝑙, 𝑘) = [𝑎𝑘 −𝜃 + (1 − 𝑎)𝑙 −𝜃 ] 𝜃 ,
Where x is the total output obtained by using l and k units of labor and capital respectively.
𝟏− 𝒌 𝜽+𝟏 𝟏
and are positive constants. [𝑨𝒏𝒔. : 𝑴𝑹𝑻𝑺 = ( ) (𝒍) , 𝝈 = 𝜽+𝟏]
40. Show that the production function given below has constant elasticity of
substitution.
1
−
𝑋 = 𝑓 (𝑙, 𝑘) = [𝑎𝑘 −𝜃 + (1 − 𝑎)𝑙 −𝜃 ] 𝜃 , where x is the total output obtained by using l and k
𝟏
units of labour and capital respectively and and are constants. [𝑨𝒏𝒔. : 𝝈 = ]
𝟏+𝜽
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41. Show that the following production function has the constant elasticity of
substitution 𝑋 = 𝑓 (𝑙, 𝑘) = 𝑎𝑘 𝜃 (1 − 𝑎)𝑙 −1/𝜃 , where x is total output obtained by
using l and k units of labour and capital respectively and a and are constants.
[𝑨𝒏𝒔. : 𝝈 = 𝟏]
43. Find the elasticity of substitution () for the production function 𝑄 = 75(0. 3𝑘 −0.4 +
𝟓
0.7𝐿−0.4 )−5 [𝑨𝒏𝒔. : 𝝈 = ]
𝟕
44. Show that elasticity of substitution between good x and good y 𝜎𝑦𝑥 =
−𝐹1′ 𝐹2′ (𝑥𝐹1′ +𝑦𝐹2′ )
2 ′′ −2𝐹 ′ 𝐹 ′ 𝐹 ′′ +(𝐹 ′ )2 𝐹 ′′ ]
𝑥𝑦[(𝐹2′ ) 𝐹11 1 2 12 1 22
Miscellaneous Question
46. The following are the two linear homogeneous production functions where X, L and
K represent output, labor and capital respectively. Show that L times the marginal
product of labor plus K times the marginal product of capital equals total product in
each case:
(a) 𝑋 = 𝐴. 𝐿𝛼 𝐾 1−𝛼
(b) 𝑋 = 𝑎𝐿 + 𝑏𝐾
What is the sum of partial elasticity of output in each case? (unity in each case)
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48. Prove that 𝑋 = 𝑓(𝐾, 𝐿) is a linearly homogeneous production function and average
product of K is increasing, then 𝑀𝑃𝐿 must be negative.
50. The demand facing a monopolist is given by 𝑝 = 225 − 𝑥, where p denotes price
and x denotes quantity produced. If the production function of the monopolist firm
is 𝑥 = 25𝐿 + 30𝐾 − 𝐿2 − 3𝐾 2 , find marginal revenue products of labour and
capital when L = 4 and K = 1. [𝑴𝑹𝑷𝑳 = 𝟓𝟏, 𝑴𝑹𝑷𝑲 = 𝟕𝟐]
Show that the same result is obtained when the production function is written as 𝑋′ =
𝑙𝑜𝑔 𝑋.
52. Let the budget equation of a consumer be 𝑥𝑝𝑥 + 𝑦𝑝𝑦 = 𝑀, where 𝑝𝑥 and 𝑝𝑦 are the
prices of x and y and M is consumer's income. Show that the weighted sum of the
income elasticity of demands of x and y is unity.
What are the weights? [Proportion of expenditure on goods ]
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𝜕𝑧 𝜕𝑧
that 𝑢 𝜕𝑢 + 𝑣 𝜕𝑣 = 𝜀𝑧. Deduce Euler's theorem from this relation if 𝑥 = 𝑓(𝐾, 𝐿) is
given to be a homogeneous function. What is the degree of homogeneity? [Degree
=𝜺]
56. For the Cobb-Douglas, productions function.𝑄 = 𝐾 𝛼 𝐿1−𝛼 , (0 < 𝛼 < 1). 𝑞 =
𝑄 𝐾
and 𝑘 = 𝐿 .
𝐿
(a) Show that 𝑞 = 𝑓(𝑘)
(b) Show that 𝑓′(𝑘) > 0 and 𝑓’’(𝑘) < 0.
(c) Find elasticity of q with respect to k. [𝑬𝒍𝒙 = 𝜶]
57. The demand function of good I is
𝑥1 = 10𝑝1−1 . 𝑝22
If 𝑝1 increases from Rs. 3.5 to 3.7 and 𝑝2 decreases from Rs. 7 to 6.9, estimate the
change in demand using differentials. [-12]
58. The demand functions of the two goods, 𝑋1 , and 𝑋2 , are 𝑥1 = 20 − 5𝑝1 + 6𝑝22 and
𝑥2 = 15 + 5𝑝12 − 3𝑝2 , where 𝑝1 and 𝑝2 are prices per unit of 𝑥1 and 𝑥2 respectively
If 𝑝1 decreases from Rs. 1 to 0.90 and 𝑝2 increases from Rs. 2.50 to 2.55, estim ate
the change in demand of the two goods by using differentials. [𝒅𝒙𝟏 = 𝟐. 𝟎, 𝒅𝒙𝟐 =
−𝟏. 𝟏𝟓]
59. Two goods X and Y are produced jointly with the aid of 2 factors K and L. Technical
conditions give two production functions 𝑋 = 𝑓(𝐾, 𝐿) and 𝑌 = 𝑔(𝐾, 𝐿). Find :
𝑑𝐾 𝑑𝐿
( ) 𝑎𝑛𝑑 ( )
𝑑𝑋 𝑌 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡 𝑑𝑌 𝑋 𝑐𝑜𝑛𝑠𝑡𝑎𝑛𝑡
𝒅𝑲 𝒈′
𝒍
(𝒅𝑿 ) = 𝒈′ 𝒇′ −𝒈 ′ 𝒇′
𝒀 𝒄𝒐𝒏𝒔𝒕𝒂𝒏𝒕 𝒍 𝒌 𝒌 𝒌
Also, interpret these results. [ ′ ]
𝒅𝑳 𝒇𝒌
(𝒅𝒀) = 𝒈′𝒇′ −𝒈′ 𝒇′
𝑿 𝒄𝒐𝒏𝒔𝒕𝒂𝒏𝒕 𝒍 𝒌 𝒌 𝒍
60. Output 𝑄(𝑡) is related to capital stock 𝐾(𝑡) and labour supply 𝐿(𝑡) as follows:
𝑄(𝑡) = 𝐴𝑒 𝛼𝑡 [𝐾(𝑡)]𝛽 [𝐿(𝑡)]1−𝛽
For constants 𝐴, 𝛼 and𝛽. (𝐴, 𝛼 > 0), (0 < 𝛽 < 1)
(i) Find an expression for the rate of-growth of output in terms of the constants and
the rate of growth of capital stock and labour supply.
(ii) Explain how 𝛼 can be regarded as a measure of the rate of technical progress.
𝒊) 𝒓𝒚 = 𝜶 + 𝜷𝒓𝑲 + (𝟏 − 𝜷)𝒓𝑳
[ ]
𝒊𝒊) 𝑰𝒕 𝒊𝒔 𝒂 𝒎𝒆𝒂𝒔𝒖𝒓𝒆 𝒐𝒇 𝒕𝒉𝒆 𝒓𝒂𝒕𝒆 𝒐𝒇 𝒕𝒆𝒄𝒉𝒏𝒊𝒄𝒂𝒍 𝒑𝒓𝒐𝒈𝒓𝒆𝒔𝒔
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chapter -5
convex sets
1. Graph each of the following sets and indicate whether is it convex?
(a) {(𝑥, 𝑦): 𝑦 = 𝑒 𝑥 } (b) {(𝑥, 𝑦): 𝑦 ≥ 𝑒 𝑥 }
(c) {(𝑥, 𝑦): 𝑦 ≤ 13 − 𝑥 2 } (d) {(𝑥, 𝑦): 𝑥𝑦 ≥ 1, 𝑥 > 0, 𝑦 > 0}
(e) {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 ≤ 2}
2. Identify graphically the regions in the X – Y plane that correspond to the following
sets:
𝐴1 = {(𝑥, 𝑦): 𝑥 − 𝑦 ≥ 0}
𝐴2 = {(𝑥, 𝑦): (𝑥 − 1)2 + 𝑦 2 ≥ 0}
𝐴3 = {(𝑥, 𝑦): 𝑥𝑦 ≤ 1}
Show the regions corresponding to the sets?
𝐴1 ∪ 𝐴2 ∪ 𝐴3 𝑎𝑛𝑑 𝐴1 ∩ 𝐴2 ∩ 𝐴3
3. Show graphically the regions in (𝑥1 , 𝑥2 ) plane represented by the following sets
𝐴 = {(𝑥1 , 𝑥2 ): 𝑥12 + 𝑥22 ≤ 4}
𝐵 = {(𝑥1 , 𝑥2 ): 𝑥12 + 𝑥22 ≥ 1}
𝐶 =𝐴∩𝐵
Which of the sets is convex. [set A]
4. Define a convex set. Sketch the following sets and check whether they represent
convex sets:
𝐴1 = {(𝑥, 𝑦): 𝑦 ≥ |𝑥 |}
1
𝐴2 = {(𝑥, 𝑦): 𝑦 ≤ }
|𝑥 |
𝐴1 ∩ 𝐴2 , 𝐴1 ∪ 𝐴2 [yes, no, no, no]
5. Identify graphically, the regions in the X – Y plane that corresponds to that following
sets:
𝑥+3
𝐴 = {(𝑥, 𝑦): 𝑦 ≥ , 𝑥 > 0}
𝑥+1
𝐵 = {(𝑥, 𝑦): 𝑦 ≤ 𝑥 2 }
𝐶 = 𝐴 ∩ 𝐵, 𝐷 = 𝐴 ∩ 𝐵̅, 𝐸 = 𝐴̅ ∩ 𝐵̅
Which of these sets are convex? [A & D]
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6. Show graphically the regions in (x, y) plane represented by the following sets:
|𝑥 − 1 |
𝐴 = {(𝑥, 𝑦): 𝑦 ≥ , 𝑥 > 0}
𝑥
𝐵 = {(𝑥, 𝑦): 𝑦 ≤ 21 − 18𝑥 − 3𝑥 2 }
𝐶 =𝐴∩𝐵
Which of these sets are convex? [B & C]
8. Define a convex set. Indicate graphically the regions in the x – y plane represented
by the following sets:
2𝑥 + 5
𝐴 = {(𝑥, 𝑦): 𝑦 ≥ , 𝑥 > 0}
𝑥+2
𝐵 = {(𝑥, 𝑦): 𝑦 ≤ 𝑥 2 }
𝐶 = 𝐴 ∩ 𝐵, 𝐷 = 𝐴 ∩ 𝐵̅, 𝐸 = 𝐴̅ ∩ 𝐵̅
Which of these sets are convex? [A & D]
10. Decide which of the following sets are convex by drawing each in the 𝑥𝑦 plane
(a) {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 < 2} (b) {(𝑥, 𝑦): 𝑥 ≥ 0, 𝑦 ≥ 0}
2 2 (d) {(𝑥, 𝑦): 𝑥 ≥ 0, 𝑦 ≥ 0, 𝑥𝑦 ≥ 1}
(c) {(𝑥, 𝑦): 𝑥 + 𝑦 > 8}
(e) {(𝑥, 𝑦): 𝑥𝑦 ≤ 1} (f) {(𝑥, 𝑦): √𝑥 + √𝑦 ≤ 2}
[a, b and d]
11. Sketch a graph for each of the following and indicate whether the set is convex:
(a) 𝑆 = ⌊(𝑥, 𝑦)|𝑥𝑦 ≥ 𝑎2 , 𝑥 > 0, 𝑦 > 0⌋
(b) 𝑆 = [(𝑥, 𝑦)|3𝑥 + 4𝑦 ≤ 12, 𝑥 − 𝑦 ≤ 1,3𝑥 + 𝑦 ≥ 3]
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14. Two sets A and B in R2 are defined as A = {(x, y)| xy≥ 10} and B ={(x, y)| 2x2+ y≤
10}
Draw a sketch of the sets to decide:
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chapter = 6
multivariable optimization
Local Extreme Points
1. Find the critical point and test whether the function is at a relative maximum or
minimum, given
(a) 𝑓(𝑥, 𝑦) = 2𝑦 3 − 𝑥 3 + 147𝑥 − 54𝑦 + 12 [𝒙 = 𝟕, 𝒚 = 𝟑]
2 2
(b) 𝑓(𝑥, 𝑦) = −2𝑥 − 𝑦 + 4𝑥 − 4𝑦 − 3 [x = 1, y = -2]
2 2
(c) 𝑓(𝑥, 𝑦) = −2𝑥 − 2𝑥𝑦 − 2𝑦 + 36𝑥 + 42𝑦 + 158 [x = 5, y = 8]
1
(d) 𝑓(𝑥, 𝑦) = 𝑥 3 + 3𝑦 3 − 𝑥 2 − 2𝑥 − 9𝑦 (Eco(H) 2017) [x = -2/3, 1, y = ±𝟏]
2
3. Find all the stationary points of the following functions and classify them:
(a) 𝑓(𝑥, 𝑦) = 𝑥 3 + 𝑦 3 − 3𝑥𝑦 [𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕𝒔(𝟎, 𝟎); 𝒍𝒐𝒄𝒂𝒍 𝒎𝒊𝒏𝒊𝒎𝒖𝒎(𝟏, 𝟏)]
𝟒 𝟏
(b) 𝑓(𝑥, 𝑦) = 𝑥 2 − 𝑥𝑦 + 𝑦 2 + 3𝑥 − 2𝑦 + 1 𝒍𝒐𝒄𝒂𝒍 𝒎𝒊𝒏𝒊𝒎𝒖𝒎(− 𝟑 , 𝟑)
(c) 𝑓(𝑥, 𝑦) = 𝑥 2 𝑦 3 (6 − 𝑥 − 𝑦) 𝒍𝒐𝒄𝒂𝒍 𝒎𝒂𝒙𝒊𝒎𝒖𝒎(𝟐, 𝟑)
(d) 𝑓(𝑥, 𝑦) = 𝑥 2 + 2𝑥𝑦 2 + 2𝑦 2
[𝑳𝒐𝒄𝒂𝒍 𝑴𝒊𝒏𝒊𝒎𝒂(𝟎, 𝟎); 𝒔𝒂𝒅𝒅𝒍𝒆 (−𝟏 𝟏)(−𝟏, −𝟏)]
(e) 𝑓(𝑥, 𝑦) = 𝑥 − 𝑦 3 + 9𝑥𝑦
3
[𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕𝒔(𝟎, 𝟎); 𝑴𝒂𝒙. 𝒂𝒏𝒅 𝒎𝒊𝒏. 𝒑𝒐𝒊𝒏𝒕𝒔 𝒂𝒓𝒆 (𝟎, 𝟎)𝒂𝒏𝒅 (𝟑, −𝟑)]
(f) 𝑓(𝑥, 𝑦) = 𝑥 4 + 2𝑦 2 − 2𝑥𝑦 (Eco(H) 2013)
𝟏 𝟏 𝟏 𝟏
[𝒔𝒂𝒅𝒅𝒍𝒆 𝒑𝒐𝒊𝒏𝒕𝒔(𝟎, 𝟎); 𝒍𝒐𝒄𝒂𝒍 𝒎𝒊𝒏𝒊𝒎𝒂 ( , ) (— , − )]
𝟐 𝟒 𝟐 𝟒
2−𝑥 2
(g) 𝑔(𝑥, 𝑦) = (2𝑥 + 4)𝑒 𝑥 (2𝑦 − 1)𝑒 (𝑦−2) (Eco(H) 2018) [Note: don’t classify the
max and min point]
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(b) With the values of a, band c found in part (a), find the maximum and minimum
values of f over the domain in the xy-plane determined by the inequalities 𝑥 ≥
𝟏𝟗𝟑 𝟏
0, 𝑦 ≥ 0, 𝑎𝑛𝑑 2𝑥 + 𝑦 ≤ 4. [𝒎𝒂𝒙𝒊𝒎𝒂 = , 𝒎𝒊𝒏𝒊𝒎𝒂 = − 𝟗]
𝟐𝟕
Prove that the origin is a stationary point for each one of these functions, and that
𝐴𝐶 − 𝐵2 = 0 at origin in each case. By studying the functions directly, prove that the
origin is respectively a maximum point for (a), a minimum point for (b), and a
saddle point for (c).
Extreme Points
9. Let 𝑧 = 3𝑥 4 − 4𝑥 2 𝑦 + 𝑦 2 ;
Show that on every line y = mx, the function z has a minimum at (0, 0). (Eco(H)
2014)
10. Find the extreme points and extreme values for f(x, y) defined over S
𝑓 (𝑥, 𝑦) = 𝑥 2 + 𝑦 2 + 𝑦 − 1, 𝑆 = {(𝑥, 𝑦): 𝑥 2 + 𝑦 2 ≤ 1}
[f(x, y) has a maximum 1 at (0, 1) and minimum -5/4 at (0, 1/2)]
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(b) Find the only stationary point for function. [(1, 0)]
(c) Find the extreme points for f over S.
[f(x, y) has a maximum 2 at (1, 0) and minimum -70 at (-5, 0)]
12. Find the maximum and minimum points for 𝑓(𝑥, 𝑦).defined over S for thefollowing:
(a) 𝑓 (𝑥, 𝑦) = 𝑥 3 + 𝑦 3 − 9𝑥𝑦 + 27 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 0 ≤ 𝑥 ≤ 4, 0 ≤ 𝑦 ≤ 4.
[f(x, y) has a maximum 91 at (0, 4) and (4, 0) and minimum 0 at (3, 3)]
(b) 𝑓 (𝑥, 𝑦) = 𝑥 2 + 2𝑦 2 − 𝑥 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 𝑥 2 + 𝑦 2 ≤ 1.
[f(x, y) has a maximum 9/4 at (-1/2, √𝟑⁄𝟐) and minimum -1/4 at (1/2,0)]
(c) 𝑓 (𝑥, 𝑦) = 3 + 𝑥 3 − 𝑥 2 − 𝑦 2 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 𝑥 2 + 𝑦 2 ≤ 1 𝑎𝑛𝑑 𝑥 ≥ 0.
[f(x, y) has a maximum 3 at (0, 0) and at (1,0) and minimum 2 at
(0,-1) and at (0,1)]
(d) 𝑓 (𝑥, 𝑦) = 𝑥 2 − 𝑦 2 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 𝑥 2 + 𝑦 2 ≤ 4 (Eco(H) 2013)
[f(x, y) has a max at (-2,0), (2,0) and minimum at (0, -2), (0, 2)]
2 2
(e) 𝑓 (𝑥, 𝑦) = (𝑥 − 2)𝑒 𝑥 −𝑥 (2𝑦 − 1)𝑒 (𝑦−2) 𝑠𝑢𝑏𝑗𝑒𝑐𝑡 𝑡𝑜 0 ≤ 𝑥 ≤ 2, 0 ≤ 𝑦 ≤ 1/2.
[f(x, y) has a maximum 2𝒆𝟒 at (0, 0) and minimum 0 for all (x, 1/2) where x ∈
[𝟎, 𝟐]𝒂𝒏𝒅 𝒇𝒐𝒓 𝒂𝒍𝒍 (𝟐, 𝒚) where y ∈[0, 1/2]]
−1 ≤ 𝑥 ≤ 1, −1 ≤ 𝑦 ≤ 1 [ 𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟎 ]
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟐
16. Find the extreme point and extreme values for f(x, y) defined over S when:
2 2
𝑓(𝑥, 𝑦) = 𝑒 𝑥 −𝑦
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19. Let 𝑓(𝑥, 𝑦) = 𝑥𝑦(1 − 𝑥 2 − 𝑦 2 ) be defined over the area Bounded by the square
formed by 0 ≤ 𝑥 ≤ 1 𝑎𝑛𝑑 0 ≤ 𝑦 ≤ 1. Find and classify all the extreme points of this
function. (Eco(H) 2013)
𝟏 𝟏
𝟏 𝟏 𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟏/𝟖 𝒂𝒕( , )
{𝑬𝒙𝒕𝒓𝒆𝒎𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 ( , ) , (𝟎, 𝟎), (𝟎, 𝟏), (𝟏, 𝟎), (𝟏, 𝟏); 𝟐 𝟐 }
𝟐 𝟐 𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟏 𝒂𝒕 (𝟏, 𝟏)
{𝑬𝒙𝒕𝒓𝒆𝒎𝒆 𝒑𝒐𝒊𝒏𝒕𝒔 (𝟎, 𝟎), (𝟎, −𝟏), (−𝟏, 𝟎), (𝟏, 𝟎), (𝟏, 𝟏), (−𝟏, 𝟏), (𝟏, −𝟏); 𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟎 }
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟐
2−𝑥
21. Find the maxima and minima of the function 𝑔(𝑥, 𝑦) = (2𝑥 + 4)𝑒 𝑥 (2𝑦 −
(𝑦−2)2
1)𝑒
Defined on the set S where S is rectangular region with vertices (0, 0), (0, 1), (2, 1),
(2, 0).
(Eco(H) 2018)
22. Let 𝑧 = 𝑥 2 + 2𝑥𝑦 − 4𝑥 + 8𝑦; find the extreme point of the function z defined over
the area bounded by the triangle rectangle formed by the lines x = 0, y = 0, x = 1, y
= 2. (Eco(H) 2014)
𝑴𝒂𝒙𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = 𝟏𝟕 𝒂𝒕(𝟏, 𝟐)
{𝑬𝒙𝒕𝒓𝒆𝒎𝒆 𝒑𝒐𝒊𝒏𝒕𝒔(𝟎, 𝟎), (𝟏, 𝟎), (𝟏, 𝟐), (𝟐, 𝟎); }
𝑴𝒊𝒏𝒊𝒎𝒖𝒎 𝒗𝒂𝒍𝒖𝒆 = −𝟒 𝒂𝒕 (𝟐, 𝟎)
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28. Decide for which values of the constant a the following function is concave, convex,
or neither: 𝑓 (𝑥, 𝑦) = −6𝑥 2 + (2𝑎 + 4)𝑥𝑦 − 𝑦 2 + 4𝑎𝑦
[ 𝒏𝒆𝒗𝒆𝒓 𝒄𝒐𝒏𝒗𝒆𝒙; 𝒄𝒐𝒏𝒄𝒂𝒗𝒆 𝒊𝒇 − 𝟐 − √𝟔 ≤ 𝒂 ≤ −𝟐 + √𝟔 ]
29. Find the largest convex domain S in the xy-plane on which the function
𝑓 (𝑥, 𝑦) = 𝑥 2 − 𝑦 2 − 𝑥𝑦 − 𝑥 3 is concave. [ 𝑺 = {(𝒙, 𝒚): 𝒙 ≥ 𝟓/𝟏𝟐}]
30. Show that the function f defined by 𝑓(𝑥, 𝑦) = −2𝑥 2 − 𝑦 2 + 4𝑥 + 4𝑦 − 3 for all
(𝑥, 𝑦) has maximum at (𝑥, 𝑦) = (1,2).
31. 𝑓 (𝑥, 𝑦) = 𝑒 −𝑥 √1 + 𝑦 2 ; Prove that the function is strictly Convex for |𝑦| < 1.
(Eco(H) 2009)
32. 𝑓 (𝑥, 𝑦) = 𝑎𝑥 2 + b𝑦 2 + 2𝑐𝑥𝑦 + 𝑑;
For what value of a, b, c and d the function 𝑓 (𝑥, 𝑦) is concave? (Eco(H) 2008)
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Rahul Sir
34. Let D be the set of point (x, y) with −1 < 𝑥 < 1 𝑎𝑛𝑑 − 1 < 𝑦 < 1 and let
1
𝑓 (𝑥, 𝑦) = (x − y)4 − (x − y)2 − (x + y)2
12
𝑎 𝑎
36. Show that Cobb-Douglas function 𝑧 = 𝐴𝑥1 1 . 𝑥2 2 (𝐴 > 0, 𝑎1 & 𝑎2 > 0) is quasi-
concave on real number.
37. Decide which of the following function are quasi - concave. Give reasons:?
a) y = 5x + 7
b) 𝑧 = ln(𝑥1 𝑎1 . 𝑥2 𝑎2 ) (Both are Quasi - Concave) (Eco(H) 2016)
39. Use the definition to test whether the following three functions are quasi concave or
not:
a) f(x) = x2
b) g(x) = √𝑥
c) h(x, y) = x2y (Eco(H) 2019)
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40. Derive the conditions on 𝛼, 𝛽 under which the function 𝑓(𝑥, 𝑦) = 2𝑥 𝛼 𝑦 𝛽 , 𝛼, 𝛽 > 0
defined on the domain x≥ 0, 𝑦 ≥ 0 is
a) Strictly concave
b) Concave
c) Quasi-concave
d) Convex(Eco(H) 2019)
Economic Applications
1 1
41. Consider the function 𝐶(𝑥, 𝑦) = 100 𝑥 2 − 10𝑥 + 300 𝑦 3 − 9𝑦 + 20,600 defined
for 𝑥 > 0 and 𝑦 ≥ 0. Show that stationary point is (𝑥, 𝑦) = (500,30) and show that
it is a minimum point.
42. Show that the CES function if defined for 𝐾 > 0, 𝐿 > 0 by
1
−
𝑓 (𝐾, 𝐿) = 𝐴[𝛿𝐾 −𝑝 + (1 − 𝛿 )𝐿−𝑝 ] 𝑝 (𝐴 > 0, 𝜌 ≠ 0,0 ≤ 𝛿 ≤ 1) is concave for 𝜌 ≥ −1
and convex for 𝜌 ≤ −1.
43. Show that the Cobb-Douglas function 𝑌 = 𝐴𝐾 𝑎 𝐿𝑏 , defined for 𝐾 > 0 and 𝐿 > 0, is
concave if 𝐴 > 0, 𝑎 ≥ 0, 𝑏 ≥ 0, and 𝑎 + 𝑏 ≤ 1, and is strictly concave if a and b
are positive with 𝑎 + 𝑏 <1.
44. Let D be the set- of points (𝑥, 𝑦) with −1 < 𝑥 < 1 and −1 < 𝑦 < 1 and
1
let𝑓(𝑥, 𝑦) = 12 (𝑥 − 𝑦)4 − (𝑥 − 𝑦)2 −(𝑥 + 𝑦)2
(a) Show that f is neither convex nor concave in D.
(b) Find the subset of D at which f is concave. [𝒙 < √𝟐 + 𝒚 𝒐𝒓 𝒙 > 𝑦 − √𝟐]
45. Suppose a firm that use 2 inputs has the production function
1/3 1/3
𝑓(𝑥1 , 𝑥2 ) = 12𝑥1 𝑥2
And faces input prices (𝑝1 , 𝑝2 ) and output price q.
Show that f is concave for 𝑥1 > 0, 𝑥2 > 0.
46. A firm produces 𝐾 1/2 𝐿1/4 units of output of a good when it uses K units of capital
and L units of labor. The firm obtains the price 16 per unit of output and pays 4 per
unit of capital and 2 per unit of labor so that its profit is 𝜋(𝐾, 𝐿) = 𝑝𝑄 − 𝑤𝐿 − 𝑟𝐾,
where Q is the firm's output and w and r are price paid to labor and capital.
(i) Show that 𝜋(𝐾, 𝐿) is concave;
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Rahul Sir
47. A firm under perfect competition produces two commodities 𝑋1 and 𝑋2 with prices
equal to Rs. 10 and Rs. 15 respectively. If the cost function of the firm is
𝐶 = 2𝑥12 + 𝑥1 𝑥2 + 2𝑥22 , where 𝑥1 and 𝑥2 denote the levels of output of 𝑋1 and 𝑋2
respectively;
(i) Determine profit maximizing levels of output of 𝑋1 and 𝑋2 .
(ii) Compute the amount of maximum profits.
(iii) Verify the second order conditions.
48. A firm produces two goods x and y. The prices of x and y are Rs. 32 and Rs. 16
respectively. The cost function of the firm is 𝐶(𝑥, 𝑦) = 𝑥 2 − 2𝑥𝑦 + 2𝑦 2 + 8. Find
the profit maximizing output levels and the firm's profit.
49. Given the profit function 𝜋 = 160𝑥 − 3𝑥 2 − 2𝑥𝑦 − 2𝑦 2 + 120𝑦 − 18 for a firm
producing two goods x and y, find the following:
(a) Maximize profits
(b) Test the second-order condition
(c) Evaluate the function at the critical values x and y.
50. A monopolist sells two products x and y for which the demand functions are
𝑥 = 25 − 0.5𝑃𝑥
𝑦 = 30 − 𝑃𝑦
And the combined cost function is 𝐶 = 𝑥 2 + 2𝑥𝑦 + 𝑦 2 + 20.
Find the following:
(a) The profit-maximizing level of output for each product
(b) The profit-maximizing price for each product
(c) The maximum profit
51. A monopolist produces two commodities, x and y, jointly. The relevant cost function
is 𝐶 = 𝑥 2 + 2𝑥𝑦 + 3𝑦 2 .The demand functions are 𝑝𝑥 = 36 − 3𝑥 and𝑝𝑥 = 50 −
5𝑦. Find the prices and quantities that would maximize total profits. Also find the
𝟏𝟏𝟗 𝟖𝟐 𝟕𝟓𝟗 𝟏𝟏𝟒𝟎
amount of this maximum profit. [𝒙𝟏 = , 𝒙𝟐 = 𝟑𝟏 , 𝒑𝟏 = , 𝒑𝟐 = ,𝝅 =
𝟑𝟏 𝟑𝟏 𝟑𝟏
𝟏𝟑𝟓. 𝟐𝟑]
52. A monopolist firm can produce its output in one of the two different plants. The cost
of production in two plants are given respectively by:
𝑇𝐶 (𝑥1 ) = 2𝑥1 2
𝑇𝐶 (𝑥2 ) = 100 + 20𝑥2
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Rahul Sir
Demand function p = 200 – 2x where x is the total output. How much output should
the profit maximizing monopolist produce in each plant? (Eco(H) 2009)
{𝒙𝟏 = 𝟓, 𝒙𝟐 = 𝟒𝟎}
53. A monopolist produces two types of chocolates, 𝑋1 and 𝑋2 , at a constant average cost
of Rs. 2 and Rs. 3 per Kilogram respectively. If 𝑝1 and 𝑝2 are prices (Charged in
rupees per kilo), the market demand for the two types are 𝑥1 = 5(𝑝2 − 𝑝1 ) and
𝑥2 = 32 + 5𝑝1 − 10𝑝2 thousand kilograms per week. Find the values of 𝑝1 and 𝑝2
such that the joint monopoly profits are maximized. Also find the equilibrium
quantities.
[𝒙𝟏 = 𝟐𝟓𝟎𝟎𝒌𝒈, 𝒙𝟐 = 𝟔𝟎𝟎𝟎𝒌𝒈, 𝒑𝟏 = 𝟒. 𝟐, 𝒑𝟐 = 𝟒. 𝟕]
54. A manufacturer can produce a commodity at two locations. The selling price per
unit is given by 𝑝 = 200 − 0.8𝑥, where 𝑥 = 𝑥1 + 𝑥2. The cost functions at the two
locations are 𝐶1 = 0.3𝑥12 + 60𝑥1 + 5000 and 𝐶2 = 0.5𝑥22 + 30𝑥2 + 8000
respectively. Find 𝑥1 and 𝑥2 so that profits are maximize. [𝒙𝟏 = 𝟐𝟗. 𝟏, 𝒙𝟐 =
𝟒𝟕. 𝟓]
55. A discriminating monopolist is able to separate its customers into two markets with
respective demand functions as 𝑥1 = 16 − 0.2𝑝1 and 𝑥2 = 9 − 0.05𝑝2. The total
cost function of the monopolist is 𝐶 = 20 + 20𝑥, where (𝑥 = 𝑥1 + 𝑥2 ).
(i) Find the profit maximizing values of 𝑥1 and 𝑥2 . [𝒙𝟏 = 𝟔, 𝒙𝟐 = 𝟒]
(ii) Find the price charged in each market and the maximum profits.
[𝒑𝟏 = 𝟓𝟎, 𝒑𝟐 = 𝟏𝟎𝟎, 𝝅 = 𝟒𝟖𝟎]
(iii) Find the elasticity of demand in two markets.
[ 𝜼𝟏 = 𝟏. 𝟔𝟕, 𝜼𝟐 = 𝟏. 𝟐𝟓]
56. A discriminating monopolist, serving two isolated markets with demand elasticity
𝜂1 & 𝜂2 sells quantities 𝑥1 & 𝑥2 of his product at prices 𝑝1 & 𝑝2 respectively. Show that
for maximizing profits:
1
𝑝1 1−
𝜂2
= 1
𝑝2 1−
𝜂1
Hence deduce that the price will be higher in the market where the demand is less
elastic.
57. A monopolist discriminates prices between two markets and average revenue
functions for the two market are A𝑅1 = 53 − 4𝑄1 & 𝐴𝑅2 = 29 − 3𝑄2 & his total cost
function is
C = 20+5Q. Find the profit maximizing outputs and prices in two markets.
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Rahul Sir
58. A profit maximizing monopolist sells its output in two markets with demand
functions
𝑥1 = 100 − 𝑝1 And 𝑥2 = 140 − 2𝑝2 , The cost function of the firm is 𝐶 = 90 + 6𝑥
where 𝑥 = 𝑥1 + 𝑥2
(i) Find prices charged and the equilibrium output if the monopolist can
maintain separation between two markets. [𝒙𝟏 = 𝟒𝟕, 𝒙𝟐 = 𝟔𝟒, 𝒑𝟏 =
𝟓𝟑, 𝒑𝟐 = 𝟑𝟖]
(ii) Suppose that the good can be transported from one market to another at a
cost of Rs. 8 per unit. Find the prices charged and equilibrium outputs in the
two markets. [𝒙𝟏 = 𝟓𝟏. 𝟔𝟕, 𝒙𝟐 = 𝟓𝟗. 𝟑𝟑, 𝒑𝟏 = 𝟒𝟖. 𝟑𝟑, 𝒑𝟐 =
𝟒𝟎. 𝟑𝟑]
(iii) Answer part (ii) if the cost of transportation, becomes zero.
[𝒙𝟏 = 𝟓𝟕, 𝒙𝟐 = 𝟓𝟒, 𝒑𝟏 = 𝒑𝟐 = 𝟒𝟑]
59. A firm produces two items 𝑋1 and 𝑋2 , the market prices are given by 𝑝1 = 100 −
2𝑥1, and 𝑝2 = 125 − 3𝑥2 . The cost of production is 12𝑥1 + 11𝑥2 + 4𝑥1 𝑥2for
producing 𝑥1 and 𝑥2 units. How many items of each type be produced to have
maximum joint profit? [𝒙𝟏 = 𝟗, 𝒙𝟐 = 𝟏𝟑]
61. A multi-product firm produces two commodities 𝑋1 and 𝑋2 whose prices per unit
are Rs. 10 and Rs. 15 respectively. Assuming the firm's cost function as given by
𝐶(𝑥) = 2𝑥12 + 𝑥1 𝑥2 + 2𝑥22, 𝑤ℎ𝑒𝑟𝑒 𝑥1 ,
𝑥2 𝑑𝑒𝑛𝑜𝑡𝑒 𝑡ℎ𝑒 𝑜𝑝𝑡𝑖𝑚𝑢𝑚 𝑙𝑒𝑣𝑒𝑙 𝑜𝑓 𝑜𝑢𝑡𝑝𝑢𝑡 𝑜𝑓 𝑋1 & 𝑋2 𝑟𝑒𝑠𝑝𝑒𝑐𝑡𝑖𝑣𝑒𝑙𝑦.
a) Obtain the optimum level of output of the two commodities.
𝟓 𝟏𝟎
[𝒙𝟏 = , 𝒙𝟐 = ]
𝟑 𝟑
b) Compute the amount of maximum profits [𝝅 = 𝟑𝟑. 𝟑]
c) Verify the second order conditions.
62. A scooter manufacturer produces the same model of a scooter at two different
production plants. The cost of production of 𝑥1 scooters at plant I is given by
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Rahul Sir
64. A monopolist produces two goods x and y. The demand function for the two goods
are functions of the prices 𝑝𝑥 and 𝑝𝑦
𝑥 = −4𝑝𝑥 + 𝑝𝑦 + 12
𝑥 = 2𝑝𝑥 − 3𝑝𝑦 + 18
The total cost is given by 𝐶 (𝑥, 𝑦) = 8 + 1.5𝑥 + 1.8𝑦
Find the values of 𝑥, 𝑦, 𝑝𝑥 , 𝑝𝑦 which maximize the profit and the maximal profit.
[𝒙 = 𝟐, 𝒚 = 𝟗, 𝒑𝒙 = 𝟑. 𝟗, 𝒑𝒚 = 𝟓. 𝟔, 𝛑 = 𝟑𝟏]
65. (a) A discriminating monopolist can separate his consumers into two distinct
markets with the following demand functions
Market 𝑄1 = 16 − 0.2𝑝1 .
Market 𝑄2 = 180 − 2𝑝2
Assume that the monopolist's total cost function takes the form
𝑇𝐶 − 20𝑄 − 20 = 0, where (𝑄 = 𝑄1 + 𝑄2 ) is the total output. Obtain the total
profit function and determine the prices he would charge in the two markets to
maximize profits. What is the total profit? [𝒑𝟏 = 𝟓𝟎, 𝒑𝟐 = 𝟓𝟓, 𝝅 = 𝟐𝟔𝟏𝟎]
Do you agree that the price charged in the market with a higher elasticity of
demand would be higher? Show by calculations.
(b) Calculate the ratio of prices charged by a discrimination monopolist in the two
markets with price elasticity of demand equal to 3.0 and 1.5. [1:2]
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Rahul Sir
66. Assume that a monopolist sells in two isolated markets and the demand functions in
the two markets are:
𝑃1 = 17 − 2𝑥1 𝑎𝑛𝑑 𝑃2 = 25 − 3𝑥2
The monopolist's total cost-function is 𝐶 = 2 + 𝑥1 + 𝑥2. What are the prices that
the monopolist will charge in order to maximize his profits and how much will he
sell in each market? [𝒑𝟏 = 𝟗, 𝒑𝟐 = 𝟏𝟑, 𝒙𝟏 = 𝒙𝟐 = 𝟒]
67. A monopolist charges different prices in two markets where his demand functions
are 𝑥1 = 21 − 0.1𝑝1 and 𝑥2 = 50 − 0.4𝑝2 , 𝑝1 and 𝑝2 being prices and 𝑥1 and 𝑥2 be
the quantities demand. His total cost function is 𝑇𝐶 = 1𝑂𝑥 + 2,000 where x
denotes total output. Find prices that the monopolist should charge to maximize
his profits. [𝒑𝟏 = 𝟏𝟏𝟎, 𝒑𝟐 = 𝟔𝟕. 𝟓𝟎]
Also verify that higher price will be charged in the market having lower elasticity of
demand.
68. A firm manufactures two types of detergents. If 𝑥1 denotes the units of brand I and
𝑥2 denotes the units of brand II produced per Week, the weekly profit is given by
𝜋 = 300𝑥1 + 200𝑥2 + 45𝑥1 𝑥2 − 15𝑥12 − 50𝑥22 − 4,000. How many units of each
brand should be manufactured per week to maximize the profit? What is the
maximum weekly profit? [𝒙𝟏 = 𝟒𝟎, 𝒙𝟐 = 𝟐𝟎, 𝝅 = 𝟒𝟎𝟎𝟎]
maximizing values.
𝐿+𝐾
70. A firm's production function is 𝑋 = 12 − . The prices of labour, capital and
𝐿𝐾
output are Rs. 1, Rs. 4 and Rs. 9 respectively. Find the maximum profit combination
𝟑
of capital, labor and output; [𝑳 = 𝟑, 𝑲 = , 𝑿 = 𝟏𝟏 𝒖𝒏𝒊𝒕𝒔]
𝟐
Page 83
Rahul Sir
Price of output p= Re 1.
Page 84
MME-2, YEAR-2022.
MME -2 PAPER SOLUTION .
By RAHUL
-
SIR .
✗ = 10kt -
F- TL = FCK , 24
12--0.21-+5 =
811-1
L= e°"ᵗ = hit )
7--1-+1^1 =
{ date and
ddtlnk -_¥dd¥=2k
Rate of change of Y = dy
Tt -
,
Now
RIG CLASSES
¥ =
¥ ddt-E-JY-d.kz
=
LYIN + K -
Ya .DK .
①
↓ ,
↓wz
WI 2 Wz the
are weights .
WI = L
# = L times the marginal Productivity
of labour .
W2 =
k§= K times the marginal Productivity of
capital .
Now
JGYI
10k
£-1 2¥ = 101 I
- -
=
,
ask
5e°"ᵗ 1011=0.1
% =
& ddl-t-g-eo.it .
⇐ d¥f
Rsh
Vk ¥° 2) CLASSES
-
= =
Put in Rsh CLASSES
all the values Eg ①
dd =5e°"ᵗ( 10k
1011+10*5 / 01¥:÷*
'
5e°"ᵗk "ᵗ
0¥56 -122
-0¥
-
=
solve by yourself .
RSG CLASSES .
Ans Ici )
.
y= yet
8¥ Ey ¥
+
Now
Yt = •
.
, . .
=
8,4 :o) x 'd :o) -18111.01944
=
(6) (7) + C- 2) ( t ) = 42-8=34
RSG CLASSES
Ans lfb)
. flay) = Intf =
≤ inset YY
C) If =
É¥+yy↑+&{÷→y↑
=
Rsh Classes
"
=
É -1*1*5
Direction
of tf are those where f is the most
rapidly at 1407
↑
¥◦↑ ↑
.
If = to =
Rsh CLASSES
Director 's are ( 1,01 .
= 117ft / = Ft =
I
(ti ) Approximate value of f- (102,0-02)
1--0
, 9--1
flax =
2- AHH
RS h classes
f- flit
.
=
+2
{ 11,01
f- = I
fly 11 9=0
,
f- (101,0-02) ≈ 1.01
Rsh CLASSES
Rsh CLASSES
I
(C) Ii) Fla Az , %) = •
$2 ✗3- ✗n
' - '
. . . - .
, .
f- ( da ,
da, - - -
Mn) = da .dk dib . .
-
-
-2in .
(9GHz a)
" ✗
=D -
As - . .
f- is
homogenous with degree n
since It is
homogenous ,
hence It is nomothetic .
(¥ % .
.
.
.
:& ,
,
- -
i.
¥) ,
( ✗2.113 Hn -
,
Niels In ,
. -
A % An .-
,
. Xi -
Hn-1
)
= 11×213 An
/↓ ¥n )
. - -
1 s
, ,
FGG ) (
=
% in
¥ In) HIP
. - - ' '
'
, /
,
(1) &) f degree
is
homogenous with 2 .
f! (2137--4
% 14,6)=12 f! (2×2,2×3)=12 .
21 fLf4 3) = 12 .
Rsh CLASSES
1-112137=6
f-( LD) =D
f- (6/9)=321-14
3) = 91131=117
1) (d) A- Miis) RSGULASSES
f- Vici)
@ +24-5-1 XYZ = 2M -
Vy ①
}
CHUY - UV = +y
-5 v2 ②
Mev are
endogenous variable .
✗ variable
Ty are exogenous .
vdy
-
ydv
=
-
Now 1=1
Yet Rsh CLASSES
M -4
V=0
3dm + Hdr =
-
DX -2dg ③
RSHCRASSFS
Apply Differential insq ②
311th)ʰ2Mdu -
lidv -
2MNdy=8d✗t2vy5dV
+ v ?5yYdy.
Put 9=1
9=1
U= I
V20
24dm -
du - ◦ =
8D ✗ to -10
24dm -
dv = Side ⑨
Solve or ③ [ ④
Rsh LEASES
③
3dm -1 Hdv = -
di -
2dg .
29dm - du = 84$ ⊕
multiply ③ or by 8
2¥ _+dr=
24 die -188 dv =
-
Side -16dg .
fdi
89 dv = -16 di -
16dg .
du
¥d✗ ¥dy
-
= -
Rsa CLASSES
% ↓vj .
"& "
du =
±, @ + dr
)
du
--¥(8d✗-¥d✗ Eady)
-
du =
1*1%1 di ¥ᵈY) Rsa CLASSES-
die __
9,1
-
,dy .
uh ↓
MY
(1) 4) fl$i , 2) = 2x Rsh CLASSES
H+yy
-
f! =
$+94 ? 2- 2x .aG+yg ? ,
, 2
C. 2)
ft flint
4¥ -41=-1
= = < 0 .
Rsh CLASSES
fy
I
=
(1+82) ? 0-2%21×+59 ?2y
(¢+9212
My Ailill =
-6¥ =
-
y
RSHCKDSSFS .
f{
¥yyz
=
Rsn CLASSES
41111 ) =
4- > o
f is
Increases from 11,1 ;D When 2
gnomes and
✗ Ey kept constant
C) (e) eat ? 2x -
yy= c flay)=c
f-lol =
means 9--0
, F- I
e° - O -
y = C I -4 =c c= -3
e'"hi
ñe=d%=¥y¥ .( ?2xy 2)
" = -
's
e -4 .
Heat ( %)
Rsh
¥
= _
= .
✗ =/
CLASSES
9=0
Got tangent
y ◦
{ (1-1)
-
-
=
② (a) flay)= ✗
2-
y 2- xy - ✗
3
'
f-✗ 2x 3×2 RSG CLASSES
y
= -
-
fly =
-2g
-
✗
Y -
3×2=0 ① -2g -1=0 ②
✗=
-2g . y= £ -
f- ) -
3×2--0
£ -3×2--0
2 ✗ +
4×-1×-6×2=0
Rsh CLASSES 5×-6×2--0 ✗
¥
=o
,
0
y =
, % .
190) (8 %)
-
,
"
f-✗ ¢ = 2- 61 = A
"
f- ✗ =
-
I =
B
y Rsh UKASES
f"yy =
-
2 .
= C.
A d- ( 0101 = 2 .
AC -
B2 =
-4 -
I < 0
Rsh CLASSES
(% %)
A at
-
.
,
61--81--7
A = 2-
13=-1
C L
AC -132<0
= -
(% %)
,
Is Saddle Point
RSG CLASSES ,
For f is to be concave .
A ✗
≤ o 2- 6$ ≤ o
EY }
[ ≤ -2<-0
o
=) RSG CLASSES
Ac -132--0
(2-6971-2) -
C- 112>-0
-4 -1127C -
I ≥ 0
121 -5 ≥ 0
✗ ≥ 5/12 .
domain which f is
The
Largest convex . On
concave is s =
{ IX. y) : ✗ 75/12 } .
PSG CLASSES
2
2lb) Olay) =
☒ G)
Subject to constraint
Rsh CLASSES
✗ txt Ypy=M .
Flaky -
☒try /
2-
diet + gpy ,
- m
)
.
Fb = ☆
OF -181¥, _
ate
fly = *
( ☒+Jg -
dty .
Ff He -18kg Fsh
= -
( ✗ - m
) CLASSES
FI, = 0
Fly = O
'd
F = 0
ftp.#--dfxF-rY-=yck+yty=m .
rykg ② ③
¥¥¥%
Allom Eg ① 2 ②
Atx =%¥%
by
be
=
§ .
§=t¥ $=÷y .
ytg-M.pl#;-YH+H3=m.RSh
9mg ③ ¢1k +
CLASSES
.
Y¥t_ + Yb=m
YHY-lp.fi#)--m--y=mk-.yxlig+txty
Now
$p¥
✗
if
=
Rsh CLASSES .
¥÷;¥¥; Hy "
" m
'
, . bet Bitsy .
-1b¥
RS h CLASSES
t.EE )
• =
=
p÷( 1+1;) k¥ y
*
a
=
= = a
.
iii. ii. m
)
2-
=
(be + F)
Prom É↳==o =)
¥¥ =D
☒ + is )? Ike %
Rsh CLASSES
Now U
*
= dlfix.sc
Ki mk
¥;
*
• = -
baby -163
";¥;¥¥×:¥ .
" =
¥¥÷m ;÷="¥÷=*
=
Rsh CLASSES
H_
't
29 flay)=XeY d- _
e
µ , ,, -12111
Rsh CLASSES
& it )
Y
fly
, = @ -
29=0 eY=2X ①
EY EY e4AY=o ②
fly
◦
✗
-
=
_
-
tht e
't in Eg ②
1=0
2×(8-1)=0 ,
I
9nEr①
eY= 2$
Put F- ◦
RSG CHASSES
eY=0
Y does not exist
Now put A- I
eY=2 f- In 2.
stationary Point • is
( 1
,
In
2)
CASI: 1010) ( 210 ) .
Rsh CLASSES
y=o
flag = ✗ e° -
✗ Leo
✗ 2- [012]
gag = X -
1 ,
✗ c-
'
g = 1-21=0
✗ =
'
/2 .
't RSG
flay ) = -
e CHASSES
hey ) =
-
EY . Yt coil )
't
n' (g) =
-
e -1-0
RSG CLASSES
Caselli: Coll) 12111
g- I
fall = ✗ e- she
GH) = ex -
×? @ ✗ c- [ 0,2]
'
G = e- ↳ =O
✗ Ee/
2 .
✗ =
2 .
= _
e
Hey / =
EY -
y ye coil ]
"
H' (g) e -1-0
=
RSHCELASSFS
Max I Min can occur at
(2/0) ( 2111 .
7 ✗
4121 1
Points II. lnz) 1011)
.
I
seeking
2-11 fix,y1= ( x2 't
g)
✗
✗
e
-
g) et
'
f- ✗ =
( 2x -
✗
a) = 0
f
2✗=✗y
F- Rst CLASSES
¥
v.
✗ 2- ✗✗
y - ✗ ✗ = 0
2- ✗
✗ ✗
¥ ✗ ✗ =o
-
A- ↳ 2- ✗✗ = 0
-
✗ Ine = 0
✗ ( ✗ +✗ 1=0
/
-
8=0
6=0 ,
-
a , Y : -2 .
10,0) C- ✗ , 2) -
)eY+eᵗ(
"
f, =
12$ - ✗
y 2- )
°
eY( 2 -127C -
✗
Y) =A
F'kg =
( 2x - ✗
g) eᵗ+eᵗ( 0 a) -
=
eY(- ✗ -121 - ✗
y) = B
f "yy= e4 -
a) + ( Ensey - ✗
eye
"
=
eY( E- ✗ ✗
y -
zax
) = C
RSG CLASSES
d- = 2 A =
e- 2.2.70
lay 1-9-21
2
B ✗ e-
-
= ✗
By
-
1%1 ,
-
↳
c = 0
194 É (-4-4)
qq.gg
=
A- c- 132=-9220 = ✗
2-
e-
2-
>0
y*= -2 .
f-H&M ) = ( ✗ 2-2×452
2-
=
-42 e- = ft )
2-
I
ddzf = -2in e-
2-
zf( * 4*1 =
fzx) e- I
Rsh CLASSES
I = II
Hence Proved .
ANSI.la)
let ✗
kg of Feed I purchased per day .
and
ykg of feed 2 Purchased for day
1001C
Min 2 =
-180g
Subject to constraint .
Rsh CLASSES
3512g ≥ 60
7-✗ +2g ≥ 84
3. ✗ ≥ 72
+6g
✗ , y ≥o
✗ 0 20 ✗ 0 12
y 30 0 Y 42 0
'
39+4=60 7×+21=84
Rsh CLASSES ✗ 0 24
12
•
Y 0
3×-161=72 .
y
¥¥É¥¥¥¥¥¥
.
50 -
"
⇐ Rsh CLASSES
%É÷÷ .
to -1 .
:#
% To
• '
Ii ;D.io to
'
yo
✗
.
-
-
,
"
¥7 using intersection of owah.cn of we
9-nd
B 2C Points .
Rsh CLASSES
Ii ) And
Every gncavah.cn does not hold at Gio
Hence hraph Shades away
the
origin .
④ second (d) doted lines shows that 2 is min .
at 11813
)
thin 2 = 100118 ) -1 (3)
= 1800-1240
100×+88-2040
= 2040
min at 11813)
RSG CLASSES
.
3 Cei) 2=1401
they .
11837
nun 2 = 140118) 1-80132=2700
1409C 1-
soy =
2760
3lb)
Max 3×+4
y
z =
.
8¥ 3. ✗ ≤ -6
+2g
✗+ yy ≤ 4
My ≥ o
§ ? 02 § Yo
RSG CLASSES
4 -
3 *
¥ D8 / 5,951
Rsh CLASSES
④
:ÑÑiiii÷i¥÷
•
A •
µ, .
"
^
~
C) 10,0) holds All the
9ncavation.ci
using
e points are determined .
Intersection .
Max 2 occur
3×+4
y=3( ) -14137)
Max > =
¥ +
¥ 3¥
=
Rsh CLASSES =
optimal Solution is
getting by gntssah.cn of
3×-121=7
✗+
yy=y } ✗
8=42
= 2
.
Ksh CLASSES
New Max 2 =
3¥ -1
¥
3 (b) Ciii ) It first constraint is ✗+
Yy ≤ -5 then
optimal Solution Intersection of
getting by
is .
3×-14=6
]
✗ =
,±
✗+ Yy g-
f- %
=
New 2 =
3¥ 1- 3-5
3lb
Multiply the two ≤ constraint
by ¥ and
3-
and then
respectively ,
adding yeilds (F) 13%+2%1
1-
(3-5) (74+4×2) ≤A
8-+4.3-5 .
RSG CLASSES
04--9141 Yi= 3×2-6×+8
Rsh MASSES
Yz= -2×2-14×+1
Y, __ 3×2-6×+8 92=-2×2+4×+1
Yi -
_
342-2×+38-1 92=-262-2×-1-2)
Yi
34×-22×+1 11-8-31 -4£ 1) 2-3-2
-
= - =
E- 1) 7- § $-4K / Ya 3)
Y÷= -1 -
*
112--1-314-51
Both the Eavation 's are
showing Parabola .
91
as
5-
-
3 ••
-
☒ 92 .
f o
&
{
v
•
I .
i. Rewired Area .
f) Cti -
Yz)dX
[ (3×2-6×-18) -
(-2×4-4×+1) di
[ DX
5×2-10×+7
RSG CLASSES
[ ¥ -1%2-+7%2
=
( 5-3×3 -
5×2-17%2
{ (2) 3-5-(42+712)
=
=
40-3-20-114
Gonif
¥ 6=403--18
.
= -
4@7Cii1ddY_t_6Y-6RShCkASSESIj.d 's = / Idt
'
to MY 1) -
= 1- + c.
Inly -1 ) = Gt -16C .
Y -
I = {t.ec
let e "=k .
g- I = e%k .
RSG CLASSES
Y= ke6ᵗ+ ,
yeol =3
y = 261-+1
1- co
,
Y → • .
Its not converges to steady
stall .
4lb) Ift / = 121-43
Kett
f Ictldt .
=
Ket/ =
1121-43 dt .
RSG CLASSES
KCH =
121-43 1- c.
413
kft) =
3-4.121-43-1 C
1--0 1410 ) = 25
,
1<101--9 1- c.
25= ! 1- C c= 25
KCH = 91-43-125
time [ 1,3]
Accumulating capital droning
143) -
KUI =
(9.3413+25) -
[9*713+25]
E-
31013-9
4lb) Ddt = 4- Pt .
01st = I -105 Pt -1
Qd = Qs Rsh CLASSES
4- Pt = 1+0517-1
Pt = U - I -
O '
-517--1
Pt =
-
o 5--
Pt -1+3 .
Pt = to -5
)ᵗ( ¥.s) B- +
¥5
1-
Pt = to 5) .
( Po -
2) +2 .
Now Po I
RSG
=
CLASSES
Pt =
-
(-0-5)+-12 .
for -511-+2 ]
to ↑ 2
Pt I 25 175
Pt
RSG CLASSES
.
2 -
'
1- → co ,
Pt -32 .
RSG CLASSES
Damped oscillation .
4 Ñ= S [ Dept SCPD
-
DCP) = a- bp
SIP) RSG CLASSES
=
✗ +
pp
¥1
.
=
814-49-1×+197 ]
9¥ =
81@ a) Cbtp)P]-
-
For cq state .
Put = 0
8+1=0
flea -
a) -
lbtpp] = 0
P=
Gp .
RSG CLASSES
Now solution of difference Equation .
%t+slb+P)P= Sfa -4
qKH%ᵈᵗ
8lb-1Mt
Integrating factor II. f) ± = e
p .
Ñb+P)ᵗ=fg( a- a) .
Ebt ᵗdt .
when 1- too P
aj,-
→
,
Yo = 1200
RIG CLASSES
Yt =
G. + It .
Yt = 90 -10.84T -
I +50
Yt = 0841--1+140
4- =
lo.si/Yo-Y?-.s)tY-:-.s
+
Yt =
@ 8) ( Yo -
7001 1- too
1200
Yo =
ᵗ too) + too
Yt @ 8) ( boo
-
10-811--500-1
'
4£ = too