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3rd Sem

### ECO406 Mathematical Economics Assignment No. 1 Solution Fall 2019 Due Date: may-29- 2019

Question # 01:Given below is an example of a linear function.40x – 20y = 80Use the linear function and plot the graph by deriving the value of dependent andindependent variables.(Marks: 04)Question # 02:Keeping in view the given below economic functions find out the values ofdependent variable by assuming values of independent variable from 0 to 4. Alsomake graph by using the calculated values of dependent and independentvariables.1. XY=62. Y=2x3 + 4x2 + 2x -3(Marks: 04)Question # 03:Briefly…See More
May 26

3rd Sem

### BUSINESS ECONOMETRICS (ECO601) Assignment No. 1 (Spring 2019) DUE DATE: 23 RD MAY, 2019

The Case:In Business, the change in the total cost which has been observed due to production of one more unit of a product/output is called marginal cost. In most of the manufacturing endeavors, initially, the marginal cost falls as the volume of output rises because of economies of scale. In the beginning, costs are lower for the reason that there are some discounts on bulk purchases of raw materials, efficient use of machinery and specialized labors are engaged in performing the tasks.…See More
May 19

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