C 1381 (Pages : 4) ತಾ യിനി

ന്‌ ‏وي‎

SIXTH SEMESTER (CUCBCSS—UG) DEGREE EXAMINATION
MARCH 2021

Economics
ECO 6B 12—MATHEMATICAL ECONOMICS
Time : Three Hours { Maximum : 80 Marks

Section A

Answer all questions.
Each question carries 1 mark.

1. The relationship between marginal revenue and price is given by :
A) 17 = 2 (1- 1/९). 8) गार = 2 (९ - 1/९).

௦) शाः = 2 (1- ९). D) MR=p(e-p/e).
2. Lagrange multiplier is a mathematical method for :

A) Constraint optimization. B) Minimization.

C) Maximization. D) None of these.

3. The rate at which a consumer can give up some amount of one good in exchange for another gocd
while maintaining the same level of utility is called :

A) Price elasticity. B) MRS.
०) MRTS. D) PPC.
4. What is the shape of the demand curve faced by a firm under perfect competition ?
A) Horizontal. B) Vertical.
C) Positively sloped. D) Negatively sloped.

5. Given the Cobb-Douglas Production function Q = A K® L?, ‘A’ refers to:

A) Managerial efficiency. B) Marginal productivity.
C) Marginal profit. D) Marginal revenue.

Turn over