Maths for Economists: Multiple Choice Test 3

Reproduced by permission of Hilary Lamaison, Brunel University, ecsthjl@brunel.ac.uk. Hosted by the Economics Network.

EC1011 Mathematics for Economics
Multiple Choice Test 3 for self-assessment

In answering each of the following questions, click the boxes next to each correct answer. More than one may be correct in some cases. Do not guess. There are 20 correct choices in total. The feedback box at the foot of the page will tell you how many of your answers are correct.

Time allowed = 15 minutes.

1: f(x) = 3x3 - 4x2 + 10 implies

2: Which of the following are true?

3: y = 100/x + 4x has

4: Which of the following statements are (in general) true?

5: Which of the following functions have unit elasticity at P = 6?

6: For the demand function Q1 = 10 - 9 P1 + P2 + 0.01Y which of the following statements are true?

7: For the function Q = AKaLb which of the following statements are true?

8: Which of the following functions are homogeneous of degree 1 (i.e. linear homogeneous)?

Attempts:



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