Quiz 2 - Matbis KKBS 2020

n
1
 2 x dx  5
2

1. From the equation : 1 , Find : n !

a. 10

b. 8

c. 6

d. 4

e. 2

9 4 9

 x dx   x dx   x dx
2 2 2

2. From the equation: 1 1 n , Find : n !

a. 2

b. 3

c. 4

d. 5

e. 6

 (3x  15 x  10) dx  ..........

2

3. Calculate : 5
a. 15

b. 12

c. 10

d. 6

e. 0

4. Marginal cost function of a firm is: MC = 2 and fixed cost is: $600 , find total
cost function ( TC ) of this firm if Q express quantity of the products !

a. TC = 2Q + 600

b. TC = 2Q + 800

c. TC = 4Q + 500

d. TC = 4Q + 800

e. There is no true answer.

 5. Marginal revenue function of a company is: MR = 400-6Q. Find
corresponding demand function !

a. P = 100 - 6Q

b. P = 100 - 3Q

c. P = 200 - 3Q

d. P = 200 - 6Q

e. P = 400 – 3Q

6. Find Total Cost if marginal cost function is: MC = Q + 10 and fixed cost is 50 ,
when Q = 10 !

a. TC = 50

b. TC = 200

c. TC = 125

d. TC = 130

e. TC = 150

7. Find TC function if marginal cost function is : MC = 6 e 0.5Q and fixed cost is

20 !

a. TC = 12e0.5Q +20
b. TC = 6e0.5Q + 20

c. TC = 8e0.5Q + 14

d. TC = 10e0.5Q + 20

e. TC = 3e0.5Q + 8

8. Marginal cost function is : MC = 8 and marginal revenue function is :

MR = 10 - 2Q. If fixed cost is 10, Find the profit when Q=2 !

a. Profit = 10

b. Profit = -8

c. Profit = 6

d. Profit = -10

e. Profit = 15

9. Find the consumer’s surplus at P=5 for demand function: P= 25 -2Q !

a. 200

b. 300

c. 120

d. 250

e. 100
10. Find the producer’s surplus at Q= 9 for supply function : P= 12 +2Q !

a. 81

b. 85

c. 100

d. 120

e. 120

11. Given the demand function : P= 50 -2Q and supply function: P= 10+ 2Q .
Calculate the Consumer’s Surplus ( CS) and the Producer’s Surplus ( PS) if
assuming pure completion !

a. CS = 100 ; PS = 200

b. CS = 100 ; PS = 100

c. CS = 150 ; PS = 100

d. CS = 150 ; PS = 150

e. CS = 125 ; PS = 150
12. If the net investment function is given by : I(t) = 800t 1/3 , calculate the capital
formation from the end of first year to the end of eighth year !

a. $5200.00

b. $ 6000.00

c. $ 8000.00

d. $ 9000.00

e. $ 9500.00

13. Calculate the present value of a continuous revenue steam of $5000 per year
if discount rate is 6% and the money is paid for 10 years !

a. $30,549.67

b.$ 36,678.50

c. $ 37,599.03

d. $47,869.39

e. $ 38,654.20

14. Which of the following points satisfy the inequality: 2x + 4y ≤ 8 ?

a. ( 2,2)
b. ( 2,3)

c. ( 3,2)

d. (1,1)

e. ( 5,2)

15. Which of the following points does not satify the inequality: x + 2y ≤ 12 ?

a. ( 1,2)

b. ( 2,1)

c. ( 4,2)

d. ( 5,1)

e. ( 7,3 )

16. The point ( x,3) satisfies the inequality : -5x -3y ≤ 21. Find the smallest
possible value of x !

a. 5

b. 6

c. -6

d. -4

e. 8
17. The point ( 6,y) satisfies the inequality : -5x +3y ≤ 6. Find the biggest
possible value of y !

a. 9

b. 6

c. 11

d. 12

e. 15

18. Solve the linear programming problem:

Objective Function: Maximise 6x + 4y

Subject to constraints: 2x + 4y ≤ 8

X≥0

Y≥0

Maximum value of objective function is:

a. 16 when x= 4 and y= 1
b. 24 when x= 4 and y= 0
c. 20 when x=4 and y = 0
d. 18 when x=6 and y=1
e. 22 when x=6 and y=0

19. Solve the linear programming problem:

Objective function : Minimise -2 x + y
 Subject to constraints: -x + y ≤ 3
x +2y ≤ 12
x ≥0
y ≥ 0

The minimum value of objective function is :

a. -5 when x= 1 and y = 0
b. 1 when x= 1 and y = 0
c. -14 when x=8 and y= 1
d. -24 when x=12 and y= 0
e. 6 when x= 0 and y =1

20. A firm manufactures two products, A and B, each of which must be processed
through department I and II. Table below summarizes labor-hour requirements
per unit for each product in each department. Also presented are weekly labor-
hour capacities in each department and profit margins for the two products. The
problem is to determine the number of units to produce of each product to
maximize profit.

Product A Product B Weekly Labor capacity

Department I 4 hours per unit 3 hours per unit 150 hours
Department 5 hours per unit 4 hours per unit 200 hours
II
Profit Margin $10 per unit $ 8 per unit
If : x = number of product A produced and sold

y = number of product B produced and sold

Z = total profit.

Objective function of this problem is:

a. Z= 3x +2y
 b. Z= 4x + 6y
c. Z= 10x + 8y
d. Z= 3x + 4y
e. Z= 2x + 6y

21. A firm manufactures two products, A and B, each of which must be processed
through department I and II. Table below summarizes labor-hour requirements
per unit for each product in each department. Also presented are weekly labor-
hour capacities in each department and profit margins for the two products. The
problem is to determine the number of units to produce of each product to
maximize profit.

Product A Product B Weekly Labor capacity

Department I 4 hours per unit 3 hours per unit 150 hours
Department 5 hours per unit 4 hours per unit 200 hours
II
Profit Margin $10 per unit $ 8 per unit
If : x = number of product A produced and sold

y = number of product B produced and sold

Z = total profit.

Constraint for department I of this problem is:

a. 5x+4y≤200
b. 2x+6y≤200
c. 4x+3y≤150
d. 5x+4y≥ 150
e. 4x+3y ≤ 150
22. A firm manufactures two products, A and B, each of which must be processed
through department I and II. Table below summarizes labor-hour requirements
per unit for each product in each department. Also presented are weekly labor-
hour capacities in each department and profit margins for the two products. The
problem is to determine the number of units to produce of each product to
maximize profit.

Product A Product B Weekly Labor capacity

Department I 4 hours per unit 3 hours per unit 150 hours
Department 5 hours per unit 4 hours per unit 200 hours
II
Profit Margin $10 per unit $8 per unit
If : x = number of product A produced and sold

y = number of product B produced and sold

Z = total profit.

Constraint for department II of this problem is:

a. 5x+4y ≤ 200
b. 4x+3y ≤ 200
c. 5x+4y ≥200
d. 4x+ 3y ≥150
e. 4x+3y ≤ 150
 6 4
 
23. Invers of matrix A = 1 2  is:

4 2  4 2   2 1  3 4   1/ 4 1/ 2 
3 1  3 1  3 / 2 1/ 2  1 2   1/ 8 3 / 4 
a.   b.   c.   d.   e.  

3 x 
 
24. Determinant of Matrix A = 6 4  is singular. Find X !

a. 4 b. 5 c. 3 d. 2 e. 8

3 y x 8
 x  4 y 
25. A= 6 B=  

If A anb B are both singular, find x and y !

a. x=±8 and y=±4

b. x= ±4 and y=±8

c x= ±3 and y=±9

d. x= 5 and y= 6

e. x= 1 and y= 4
 2 1 3 0
0 0 2 0 

3 1 2 4
  B
26. Matrix B= 1 2 3 1 Find : !

a. 70 b. 26 c. -70 d. 105 e. -26

27. 2x + 3y + 4z = 4

2x - y + z = 9

x +y + z = 2

From the above linear equation system , value of x is:

a. 3 b. 1 c. 2 d -2 e. -1

28. 2x + 3y + 4z = 4

2x - y + z = 9

x +y + z = 2

From the above linear equation system , value of y is:

a. 0 b. 1 c. 2 d -2 e. -1
29. 2x + 3y + 4z = 4

2x - y + z =9

x +y + z =2

From the above linear equation system , value of z is:

a. 0 b. 1 c. 2 d -2 e. -1

30. Demand and Supply functions for two interdependent goods are given by:

Qd1 = 100 – 2P1 + P2 Qs1 = -10 + P1

Qd2 = 5 + 2P1 - 3P2 Qs2 = -5 + 6P2

Find P1 at equilibrium condition of the both goods !

a. 20

b. 22

c. 25

d. 28

e. 40
31. Demand and Supply functions for two interdependent goods are given by:

Qd1 = 100 – 2P1 + P2 Qs1 = -10 + P1

Qd2 = 5 + 2P1 - 3P2 Qs2 = -5 + 6P2

Find P2 at equilibrium condition of the both goods !

a. 10

b. 12

c. 15

d. 8

e. 5

32. Determine P1 at equilibrium condition of three interdependent

commodities that satisfy :

P1 + 3P2 + 3P3 = 32

P1 + 4P2 + 3P3 = 37

P1 + 3P2 + 4P3 = 35

a. 12

b. 15

c . 10

d. 8
e. 13

33. Determine P2 at equilibrium condition of three interdependent commodities

that satisfy :

P1 + 3P2 + 3P3 = 32

P1 + 4P2 + 3P3 = 37

P1 + 3P2 + 4P3 = 35

a. 13

b. 18

c . 10

d. 5

e. 20

34. Determine P3 at equilibrium condition of three interdependent commodities

that satisfy :

P1 + 3P2 + 3P3 = 32

P1 + 4P2 + 3P3 = 37

P1 + 3P2 + 4P3 = 35

a. 11
b. 18

c . 12

d. 5

e. 3

35. A firm produces three productd: A, B, and C, that require processing by three
machines I, II, and III. The time ( in hours ) required for processing one (1) unit of
each product by the three machine is given by following table:

Product A Product B Product C Available Time

Machine I 3 1 2 490
Machine II 1 2 1 310
Machine III 2 4 1 560
Find how many units of each product should be produced on the machines to
make use of all the available time !

a. Product A = 90 ; Product B = 75 ; Product C = 60

b. Product A = 98 ; Product B = 70 ; Product C = 58
c. Product A = 98 ; Product B = 76 ; Product C = 60
d. Product A = 86 ; Product B = 70 ; Product C = 65
e. Product A = 88 ; Product B = 98 ; Product C = 75

Jawaban

1. C

2. D

3. D
4. A

5. E

6. B

7. A

8. D

9. E

10. A

11. B

12. E

13. C

14. D

15. E16.E

17. E

18. B

19. D

20. C

21. C

22. A

23. E

24. D

25. A

26. B
27. A

28. D

29. B

30. E

31. A

32. D

33. D

34. E

35. C