COURSE NAME : MATHEMATICAL ANALYSIS

COURSE CODE : BBA-BAC-BPS - 1300

TEST : END OF TOPIC TEST (QUADRATIC EQUATIONS BUSINESS AND ECONOMIC MODELS)

DATE : 13-09-2024

TART : 14 : 30
S TOP : 16 : 00
DURATION : 90 MINUTES

USE THE ANSWER PAGE BOOKLETS PROVIDED

STUDENT DETAILS
NAME
ID NUMBER
PROGRAME (CIRCLE APPROPRIATELY) 𝑩𝑩𝑨 𝑩𝑷𝑺 𝑩𝑨𝑪

QUESTION ONE
1
a. By letting 𝑡 = 𝑥 3
2 1
i. show that the equation 𝑥 3 + (125𝑥)3 = 14 may be written as 𝑡 2 + 5𝑡 − 14 = 0 [2]
2 1
ii. Hence completely solve the equation 𝑥 + (125𝑥) = 14
3 3 [6]
b. Given 𝑓(𝑥) = 3𝑥 2 + 9𝑥 + 10

i. Express 𝑓(𝑥) = 3𝑥 2 + 9𝑥 + 10 in the form (𝑥 + 𝑝)2 + 𝑞 [4]

ii. Sketch the graph of 𝑓(𝑥) [6]
c. Solve the simultaneous equation 𝑦 = 2(𝑥 − 2)2 𝑎𝑛𝑑 3𝑥 + 𝑦 = 26 [6]
d. The quadratic equation 𝑘𝑥 2 + (4𝑘 + 1)𝑥 + (3𝑘 + 1) ℎ𝑎𝑠 a repeated root,
Find the value of 𝑘. [6]
[𝐓𝐎𝐓𝐀𝐋 𝟑𝟎]
QUESTION TWO
The marketing research department for a company that manufactures and sells notebook computers
established the following price–demand as 𝑝(𝑥) = 2000 − 60𝑥. where 𝑝(𝑥) is the wholesale price in
thousands of kwacha at which 𝑥 thousand computers can be sold,
a. Find the total revenue function 𝑅(𝑥) [1]
b. Sketch a graph of the revenue function [6]
c. Find the value of x that will produce the maximum revenue. [1]
d. What is the maximum revenue to the nearest thousand kwacha? [1]

e. What is the wholesale price per computer that produces the maximum revenue? [1]
Given that, fixed costs and variable costs incurred are 4000 𝑎𝑛𝑑 500𝑥 respectively.
f. Find the total cost function [1]
g. On the same graph in ′𝑏′ above, Sketch a graph of the result in ′𝑓′ above [2]
h. From the result in ′𝑔′ above, what are the break-even values [1]
i. Algebraically find the break-even points. [4]
j. For what values of x will a loss occur or a profit occur? [1]
k. Determine the profit function 𝜋(𝑥) [1]
l. Sketch the the profit function 𝜋(𝑥) [6]
m. Discuss the relationship between the intersection points of the graphs of 𝑅(𝑥) and 𝐶(𝜋) and
the x intercepts of 𝜋(𝑥). [2]
n. Find the x intercepts of 𝜋(𝑥) and the break-even points.
Referring to the graphs drawn in "𝑏, 𝑔, 𝑎𝑛𝑑 𝑙".
o. Does the maximum profit appear to occur at the same value of x as the maximum revenue? [1]
p. Are the maximum profit and the maximum revenue equal? Explain [1]
[𝐓𝐎𝐓𝐀𝐋 𝟑𝟎]
 TEST SOLUTIONS

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