Discrete Mathematics With Applications
5th Edition
ISBN: 9781337694193
Author: EPP, Susanna S.
Publisher: Cengage Learning,
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Chapter 1.1, Problem 2TY
A conditional statement asserts that if one thing____ then some other thing___
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At the beginning of year 1, you have $10,000. Investments A and B are available; their cash flows per dollars invested are shown in the table below. Assume that any money not invested in A or B earns interest at an annual rate of 2%.
a. What is the maximized amount of cash on hand at the beginning of year 4.$ ___________
A
B
Time 0
-$1.00
$0.00
Time 1
$0.20
-$1.00
Time 2
$1.50
$0.00
Time 3
$0.00
$1.90
7. The demand for a product, in dollars, is
p = D(x) = 1000 -0.5 -0.0002x²
1
Find the consumer surplus when the sales level is 200.
[Hints: Let pm be the market price when xm units of product are sold. Then the consumer
surplus can be calculated by foam (D(x) — pm) dx]
2. Claim events on a portfolio of insurance policies follow a Poisson process with parameter
A. Individual claim amounts follow a distribution X with density:
f(x)=0.0122re001, g>0.
The insurance company calculates premiums using a premium loading of 45%.
(a) Derive the moment generating function Mx(t).
Chapter 1 Solutions
Discrete Mathematics With Applications
Ch. 1.1 - A universal statement asserts that a certain...Ch. 1.1 - A conditional statement asserts that if one...Ch. 1.1 - Given a property that may or may not be true, an...Ch. 1.1 - In each of 1—6, fill in the blanks using a...Ch. 1.1 - In each of 1—6, fill in the blanks using a...Ch. 1.1 - In each of 1—6, fill in the blanks using a...Ch. 1.1 - Given any real number, there is a number that is...Ch. 1.1 - The reciprocal of any postive real number is...Ch. 1.1 - Prob. 6ESCh. 1.1 - Rewrite the following statements less formally,...
Ch. 1.1 - For every object J, if J is a square then J has...Ch. 1.1 - For every equation E, if E is quadratic then E has...Ch. 1.1 - Every nonzero real number has a reciropal. All...Ch. 1.1 - Evaery positive number has a positive square root....Ch. 1.1 - There is a real number whose product with every...Ch. 1.1 - There is a real number whose product with ever...Ch. 1.2 - When the elements of a set are given using the...Ch. 1.2 - The symbol R denotes ____.Ch. 1.2 - The symbol Z denotes ______Ch. 1.2 - The symbol Q denotes__Ch. 1.2 - The notation {xP(x)} is read _______Ch. 1.2 - Prob. 6TYCh. 1.2 - Prob. 7TYCh. 1.2 - Given sets A,B, and C, the Cartesian production...Ch. 1.2 - A string of length n over a set S is an ordered...Ch. 1.2 - Prob. 1ESCh. 1.2 - Write in words how to read each of the following...Ch. 1.2 - Is 4={4}? How many elements are in the set...Ch. 1.2 - a. Is 2{2}? b. How many elements are in the set...Ch. 1.2 - Which of the following sets are equal?...Ch. 1.2 - For each integer n, let Tn={n,n2} . How many...Ch. 1.2 - Prob. 7ESCh. 1.2 - Prob. 8ESCh. 1.2 - Is3{1,2,3}? Is 1{1}? Is {2}{1,2}? Is...Ch. 1.2 - Is ((2)2,22)=(22,( 2)2)? Is (5,5)=(5,5)? Is...Ch. 1.2 - Prob. 11ESCh. 1.2 - Prob. 12ESCh. 1.2 - Prob. 13ESCh. 1.2 - Prob. 14ESCh. 1.2 - Let S={0,1} . List all the string of length 4 over...Ch. 1.2 - Let T={x,y} . List all the strings of length 5...Ch. 1.3 - Given sets A and B , relation from A to B is ____Ch. 1.3 - A function F from B is a relation from A to B that...Ch. 1.3 - If F is a function from A to B and x is an element...Ch. 1.3 - Let A={2,3,4} and B={6,8,10} and define a relation...Ch. 1.3 - Let C=D={3,2,1,1,2,3} and define a elation S from...Ch. 1.3 - Let E={1,2,3} and F={2,1,0} and define a relation...Ch. 1.3 - Let G=-2,0,2) and H=4,6,8) and define a relation V...Ch. 1.3 - Define a relations S from R to R as follows: For...Ch. 1.3 - Define a relation R from R to R as follows: For...Ch. 1.3 - Let A={4,5,6} and B={5,6,7} and define relations...Ch. 1.3 - Let A={2,4} and B={1,3,5} and define relations U,...Ch. 1.3 - Find all function from {01,} to {1} . Find two...Ch. 1.3 - Find tour relations from {a,b} to {x,y} that are...Ch. 1.3 - Let A={0,1,2} and let S be the set of all strings...Ch. 1.3 - Let A={x,y} and let S be the set all strings over...Ch. 1.3 - Let A={1,0,1} and B={t,u,v,w} . Define a function...Ch. 1.3 - Let C = (1,2,3,4) and D={a,b,c,d}. Define a...Ch. 1.3 - Let X=2,4,5) and Y=(1,2,4,6) . Which of the...Ch. 1.3 - Let f be the squaring function defined in Example...Ch. 1.3 - Let g be the successor function defined in Example...Ch. 1.3 - Let h be the constant function defined in Example...Ch. 1.3 - Define functions f and g from R to R by the...Ch. 1.3 - Define functions H and K from R to R by the...Ch. 1.4 - A graph consists of two finite sets: ______and...Ch. 1.4 - A loop in a graph is_____Ch. 1.4 - Two distinct edges in a graph are parallel if, and...Ch. 1.4 - Two vertices are called adjacent if, and only if,...Ch. 1.4 - An edge is incident on _______Ch. 1.4 - Two edges incident on the same endpoint...Ch. 1.4 - A vertex on which no edges are incident is________Ch. 1.4 - Prob. 8TYCh. 1.4 - Prob. 9TYCh. 1.4 - In 1 and 2, graphs are represented by drawings...Ch. 1.4 - In 1 and 2, graphs are represented by drawings....Ch. 1.4 - In 3 and 4, draw pictures of the specified graphs....Ch. 1.4 - Prob. 4ESCh. 1.4 - Prob. 5ESCh. 1.4 - In 5-7, show that the two drawings represent the...Ch. 1.4 - In 5-7, show that the two drawings represent the...Ch. 1.4 - For each of the graphs in 8 and 9: (i) Find all...Ch. 1.4 - For each of the graphs in 8 and 9: (i) Find all...Ch. 1.4 - Use the graph of Example 1.4.6 to determine...Ch. 1.4 - Find three other winning sequences of moves for...Ch. 1.4 - Another famous puzzle used as an example in the...Ch. 1.4 - Solve the vegetarians-and-cannibals puzzle for the...Ch. 1.4 - Two jugs A and B have capacities of 3 quarts and 5...Ch. 1.4 - Prob. 15ESCh. 1.4 - In this exercise a graph is used to help solve a...Ch. 1.4 - A deptnn1 war to ithechik final ezans that no...
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- 4. Find the general solution and the definite solution for the following differential equations: (a) +10y=15, y(0) = 0; (b) 2 + 4y = 6, y(0) =arrow_forward5) For each function represented by an equation, make a table and plot the corresponding points to sketch the graph of the function. (a) y = 75 ()* 220 X y 200- -2 180 160 -1 140 0 120 100 1 60 80 2 3 4 x (b) y = 20 ()* 1 60 40 20 20 0 2 3 65- -1 X y 60 -2 55- 50 45 44 40 0 35- 30 1 25 2 20 20 15 3 10 5 LO 4 3-2 T -1 0 5- 4- -3- 2-arrow_forward5. Find the solution to each of the following by using an appropriate formula developed in the lecture slides: (a) + 3y = 2, y(0) = 4; (b) dy - 7y = 7, y(0) = 7; (c) 3d+6y= 5, y(0) = 0arrow_forward
- 1. Evaluate the following improper integrals: (a) fe-rt dt; (b) fert dt; (c) fi da dxarrow_forward8. Given the rate of net investment I(t) = 9t¹/2, find the level of capital formation in (i) 16 years and (ii) between the 4th and the 8th years.arrow_forward9. If the marginal revenue function of a firm in the production of output is MR = 40 - 10q² where q is the level of output, and total revenue is 120 at 3 units of output, find the total revenue function. [Hints: TR = √ MRdq]arrow_forward
- 6. Solve the following first-order linear differential equations; if an initial condition is given, definitize the arbitrary constant: (a) 2 + 12y + 2et = 0, y(0) = /; (b) dy+y=tarrow_forward4. Let A = {a, b, c, d, e, f}, B = {e, f, g, h} and C = {a, e, h,i}. Let U = {a, b, c, d, e, f, g, h, i, j, k}. • Draw a Venn Diagram to describe the relationships between these sets Find (AB) NC • Find (AC) UB Find AUBUC • Find (BC) N (A - C)arrow_forward7. A consumer lives on an island where she produces two goods x and y according to the production possibility frontier x² + y² < 200 and she consumes all the goods. Her utility function is U(x, y) = x y³. She faces an environmental constraint on her total output of both goods. The environmental constraint is given by x + y ≤20. • (a) Write down the consumer's optimization problem. (b) Write out the Kuhn-Tucker first order conditions. (c) Find the consumer's optimal consumption bundle (x*, y*).arrow_forward
- 3. Answer the following questions: (a) Given the marginal propensity to import M'(Y) = 0.1 and the information that M = 20 when Y = 0, find the import function M(Y). (b) Given a continuous income stream at the constant rate of $1,000 per year, what will be the present value II if the income stream terminates after exactly 3 years and the discount rate is 0.04? (c) What is the present value of a perpetual cash flow of $2,460 per year, discounted at r = 8%?arrow_forward5. Let A and B be arbitrary sets. Prove AnB = AUB.arrow_forward2. Answer the following questions: (a) Given the marginal-revenue function R'(Q) = 28Q - €0.3Q, find the total-revenue function R(Q). What initial condition can you introduce to definitize the constant of integration? = (b) Given the marginal propensity to consume C'(Y) 0.80.1Y-1/2 and the information that C = Y when Y = 100, find the consumption function C(Y).arrow_forward
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