Assessment 5 (Mock Exam)dsc1520

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University of South Africa *

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1520

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Economics

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Nov 24, 2024

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Question 1 Not yet answered Marked out of 5.00 Question 2 Not yet answered Marked out of 5.00 A tuck shop at the station has fixed costs of per week. They sell pies at a fixed price of each, while the production cost per pie is . We assume all the pies that are produced will be sold. What is the profit if pies are sold a. b. c. d. The demand function for a certain kind of bed is given by Determine the point elasticity of demand when . a. and demand is elastic. b. and demand is elastic. c. and demand is inelastic. d. and demand is inelastic. Clear my choice Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU  Time left 2:06:13

Question 3 Not yet answered Marked out of 5.00 Question 4 Not yet answered Marked out of 5.00 Ayabonga designs and manufactures cycling products. The demand and supply functions for bikes are respectively. Where is the price, and the quantity. The equilibrium price and quantity are a. b. c. d. Clear my choice A firm sells their product for per item. Their fixed costs amounts to and the variable cost is per unit produced. Calculate the value of the total revenue and total cost at break-even. a. b. c. d. Clear my choice Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

Question 5 Not yet answered Marked out of 5.00 Question 6 Not yet answered Marked out of 5.00 Consider the following total revenue and total cost functions of a firm: where is the number of units produced and sold. Determine the firm's profit when . a. b. c. d. Clear my choice Find the slope of the curve at . a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

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Question 7 Not yet answered Marked out of 5.00 Question 8 Not yet answered Marked out of 5.00 Determine the derivative of the function given by a. b. c. d. Find the derivative of such that a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

Question 9 Not yet answered Marked out of 5.00 Question 10 Not yet answered Marked out of 5.00 Differentiate the following function: a. b. c. d. Find the second derivative of the following function: a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

Question 11 Not yet answered Marked out of 5.00 Question 12 Not yet answered Marked out of 5.00 The demand function for a monopolist is Find expressions for total revenue and marginal revenue . a. b. c. d. A firm's fixed costs amount to and their variable cost is Find the marginal cost function. a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

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Question 13 Not yet answered Marked out of 5.00 Question 14 Not yet answered Marked out of 5.00 A tuck shop at the station has fixed costs of per week. They sell coffee at a fixed price of each, while the production cost per cup of coffee is . Find the marginal revenue and marginal cost . a. b. c. d. The demand function and cost function of a commodity are given by the equations where and are the price and quantity, respectively. The total revenue function ( ) in terms of is a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

Question 15 Not yet answered Marked out of 5.00 Question 16 Not yet answered Marked out of 5.00 A firm has the following average cost function: Find the fixed and variable cost . a. b. c. d. The integral of is a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

Question 17 Not yet answered Marked out of 5.00 Question 18 Not yet answered Marked out of 5.00 Find the area between the curve and the axis over . a. b. c. d. The demand and supply functions for bikes are respectively. Where is the price, and the quantity. What is the consumer surplus at equilibrium market? a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

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Question 19 Not yet answered Marked out of 5.00 Question 20 Not yet answered Marked out of 5.00 The demand and supply functions for bikes are respectively. Where is the price, and the quantity. What is the consumer surplus at equilibrium market? a. b. c. d. Given the average cost function for a certain product as: where is the number of unit produced. What is the cost to produce one additional unit of the product after 10 units have been produced? a. b. c. d. Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

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Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

◄ Assessment 4 Jump to... Additional Resources ► Dashboard / Courses / UNISA / 2022 / Semester 2 / DSC1520-22-S2 / Welcome Message / Assessment 5 (Mock Exam) MENU 

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