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Question 17 of 35

Q.(a) The demand for a commodity A is q=250−P12+3P2−P1P2q = 250 - P_1^2 + 3P_2 - P_1 P_2. Find the partial elasticities EqEP1\dfrac{Eq}{EP_1} and EqEP2\dfrac{Eq}{EP_2} when P1=2P_1 = 2, P2=1P_2 = 1.

(OR)
(b) Find the vertex, focus, axis, directrix and the length of latus rectum of the parabola y2−8y−8x+24=0y^2 - 8y - 8x + 24 = 0.
Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2020Subjective· 5mImportance★★★★★
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(a) Partial elasticity =Piq∂q∂Pi=\dfrac{P_i}{q}\dfrac{\partial q}{\partial P_i}; at (2,1)(2,1), q=247q=247, giving −10247-\tfrac{10}{247} and 1247\tfrac{1}{247}. (b) Complete the square: (y−4)2=8(x−1)(y-4)^2=8(x-1), so a=2a=2; vertex (1,4)(1,4), focus (3,4)(3,4), axis y=4y=4, directrix x=−1x=-1, latus rectum 88.

A 5-mark either/or from the Applications of Differentiation / Analytical Geometry units of the Tamil Nadu HSC Class-11 Business Mathematics syllabus. Both alternatives are solved.

(a) Partial elasticities of demand. q=250−P12+3P2−P1P2.q=250-P_1^2+3P_2-P_1P_2.

Step 1 — Partial derivatives.

∂q∂P1=−2P1−P2,∂q∂P2=3−P1.\frac{\partial q}{\partial P_1}=-2P_1-P_2,\qquad \frac{\partial q}{\partial P_2}=3-P_1.

Step 2 — Evaluate at P1=2, P2=1P_1=2,\ P_2=1.

q=250−4+3−2=247,∂q∂P1=−4−1=−5,∂q∂P2=3−2=1.q=250-4+3-2=247,\qquad \frac{\partial q}{\partial P_1}=-4-1=-5,\qquad \frac{\partial q}{\partial P_2}=3-2=1.

Step 3 — Partial elasticities.

EqEP1=P1q⋅∂q∂P1=2247(−5)=−10247≈−0.0405,\frac{Eq}{EP_1}=\frac{P_1}{q}\cdot\frac{\partial q}{\partial P_1}=\frac{2}{247}(-5)=-\frac{10}{247}\approx-0.0405,

EqEP2=P2q⋅∂q∂P2=1247(1)=1247≈0.0040.\frac{Eq}{EP_2}=\frac{P_2}{q}\cdot\frac{\partial q}{\partial P_2}=\frac{1}{247}(1)=\frac{1}{247}\approx0.0040.

(b) Parabola y2−8y−8x+24=0y^2-8y-8x+24=0.

Step 1 — Complete the square in yy. …

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