Q1. Find elasticity of demand of the function x=150-5P at (1) P=15, (2) P=20.
Q2. Find dy/dx of the following cases 1. y=x2 log x. 2. log x /x.
Q3. A revenue function is given by R= 35x-2x2 where R is the revenue and x is the quantity. What value of x maximizes revenue? What is the Maximum Revenue?
Q4. If a person deposits on a recurring deposit scheme, monthly Rs. 1500 for 4 years at 15% per annum, what would be the sum that can be received at the end of 4 years.