Ünite Sınavı Soruları

Given the function f(x)=x³ - x²-1, find local maximum value for this function.

What is the general term used for processes involving a search for a maximum  or a minimum among a number of alternatives?

For the function TC(q)= q²- 4q+4, find the first derivative TC'(q) at the point q=1.

What is the slope of the production possibilities frontier curve? 

Which of the following is the local max of TC(q)= q³ -6q² ?

What is the general term used for processes involving a search for a maximum (in the context of a maximization process) or a minimum (in the context of a minimization process) among a number of alternatives ?

The total cost function is given by the equation  where q represents the production level. Which of the production levels minimizes the average cost (AC)? 

What are the called maximum or minimum values found from the solution of an optimization problem?

A firm's total profit function is given by , where q indicates the production level. What is the production level that maximizes the total profit? 

Given total cost function TC(q)= q³ -30q²+82q+190, find the second derivative TC^''(q) at the point q=110. 

Given function TC(q)= q³-6q² ,find the local minimum value for this function?

Given the production function is

q(K, L) = 2KL – 0.5L² –K² + L + 3K

Find the derivative of q_kk .

Which of the following tests is used to determine whether a specific critical value of the choice variable is associated with a local maximum or minimum ?

Which of the following tests is used to identify the extreme values of the choice variables? 

You are running a small business. You know that your weekly revenue from the sale of q units is R(q)=48q-0.2q². Assuming your weekly costs of producing q units is given by the function C(q)= 36+12q. Find the maximum profit.

Maximum or minimum values found from the solution of an optimization problem are called "............. " . Which of the following options best fits in the blank?

How many steps does the first derivative test have ? 

Given total cost function TC(q)= q³ -3q²+8q+1, find the second derivative TC^''(q) at the point q=10. 

Which of the following curves show combinations of output that can efficiently be produced by using all available resources in a fashion specified by the given production functions for each product?

A firm's total revenue function is  where q represents production. Which of the following production levels maximizes the total revenue?