MCQ1: Identify the generalized power function rule in differentiation if \[y=Mx^{n}\]  Answer: \[n(M)x^{n-1}\]  MCQ2: Solve the function \[y=\frac{1}{^{x4}}\] using the rule of differentiation  Answer: \[\frac{-4}{^{x5}}\]  MCQ3: If \[y=\pi\], where \[\pi\] is 3.142. Differentiate the function  Answer: 0 MCQ4: If the dependent variable is Y and the independent variable is x, find the derivative of the equation \[p=7q^{4}-3q^{3}\]  Answer: \[28q^{3}-9q^{2}\]  MCQ5: What is the \[f\left ( x \right )\] of \[100+\frac{1}{4}x\]  Answer: \[\frac{1}{4}\]  MCQ6: Differentiate the \[Dx^{y}\] of \[x^{\frac{2}{4}}\]  Answer: \[\frac{1}{2}x^{-\frac{1}{2}}\]  MCQ7: Use one of the rules of differentiation to solve the equation \[y=5x^{4}\left ( 3x-7 \right )\]   Answer: \[75x^{4}-140x^{3}\]  MCQ8: Given \[y=\frac{8}{x}\], solve by finding its derivative  Answer: \[-8x^{-2}\]  MCQ9: Find the derivative of the equation \[y=\left ( -12x^{2} \right )\]  Answer: \[-24x\]  MCQ10: The concept of Derivative is about ___  Answer: Rate of change  MCQ11: If \[y=\left (-12x^{2} \right)\], differentiate it using one of the rules of Differentiation.  Answer: \[-24x\]  MCQ12: Differentiation is a primitive function in calculus  Answer: FALSE  MCQ13: What President Obama did by tracing his origin to Kenya can be likened to ___ in calculus  Answer: Integration  MCQ14: The concept of Integration is about   Answer: area under the curve  MCQ15: If \[\frac{1}{7}x^{7}\] is \[x^{6}\] using differentiation, \[\frac{1}{7}x^{7}\] is known as  Answer: primitive function  MCQ16: \[\int x^{n}dx =\frac{1}{n+1}x^{n+1} + C\]in the rules integration is called   Answer: power function rule  MCQ17: Solve the derivative function \[x^{6}\], using the rule of integration  Answer: \[\frac{1}{7}x^{7}+dx\]  MCQ18: Identify the correct integration notation for \[y=\sqrt{x^{3}}\]  Answer: \[\int \sqrt{x^{3}}dx\]  MCQ19: Use constant rule of integration, evaluate\[\int1000dx\]   Answer: \[1000x + C\]  MCQ20: Compute the integral function \[\int_{3}^{8}6x\]  Answer: 165 MCQ21: Determine the under the curve of the function\[\int_{0}^{20}\frac{1}{2}xdx\]   Answer: 100  MCQ22: If \[q=3p^{2}-14p+5\], where\[p=4\], solve the equation to determine the functional form of the equation.   Answer: Increasing  MCQ23: Solve to identify the nature of the function \[y=z^{3}-7z^{2}+6z-2\], when \[z=4\]   Answer: Decreasing  MCQ24: Solve equation \[y=x^{4}-6x^{3}+4x^{2}-13\] when\[x=4\], and describe the state of the function.   Answer: Stationary  MCQ25: When the first derivative of an economic model is zero or undefined, the model is therefore ___  Answer: Critical  MCQ26: In an economic equation where a single variable impact the endogenous variable is called ___   Answer: a parameter function  MCQ27: Find the partial derivative of the function, \[h(p,n)=10p^{3}+6pn^{2}+7n^{3}\] w.r to p.   Answer: \[30p^{2}+6n^{2}\]  MCQ28: Determine the second derivative of function,\[q=p^{0.7}i^{0.3}\] w.r to i   Answer: \[-0.21p^{0.7}i^{\frac{1}{1.7}}\]  MCQ29: A column matrix is also known as ___ matrix  Answer: \[m by 1\]  MCQ30: The transpose of matrix \[\begin{pmatrix} -3 & 5 & 6\\ 8& -7 & 4 \end{pmatrix}\] is transformed to give matrix dimension ___  Answer: \[3bym\]  MCQ31: Find the product of the matrices ABA = 472 B = 1215 Answer: 65 MCQ32: Find the Total Value of Sales (TVS), if Y is row vector of quantities of Biros, Rulers and Pencils respectively, and Z is a column vector of the corresponding prices of the goods.Y = 2086 Z = 1.502.300.75  Answer: #52.29 MCQ33: Cramer’s rule for matrix solution states that _____ Answer: x- = AA MCQ34: ___ is used to convert a constrained extremum problem into a form that can be resolved Answer: Langragian Multiplier MCQ35: If A = 050622713, find A Answer: -20 FBQ1: The difference between the definite and the indefinite integral is that,___ Answer: definite integral has limits FBQ2: Using one of the rules of integration, an evaluation of \[\int 9e^{-3x}dx\] is ___ Answer: \[-3e^{13x}+C\]   FBQ3: If demand function is \[p=40-8q\], the marginal revenue (MR) of the function will be ___ Answer: \[40-8q\]   FBQ4: The derivative of any power function is determined by multiplying the coefficient of the function by the ___ Answer: \[#8\]   FBQ5: A function that is to the power of one is termed a ___ function. Answer: Linear FBQ6: An evaluation of the marginal expenditure of\[p=Q^{3}+4Q+3\] equals to ___ Answer: \[4Q^{3}+8Q+3\]   FBQ7: The marginal propensity to consume (MPC) of the equation \[C=1000+0.88y\] is ___ Answer: \[0.88\]   FBQ8: A matrix with all its elements as zero is termed a ___ matrix Answer: Zero FBQ9: If MPC is 0.6, and consumption is 85, the consumption function 'C' is ___ Answer: \[0.6y+85\] FBQ10: If Marginal cost (MC) is\[=\frac{dTC}{dQ},\] the total cost (TC) shall be ___ Answer: \[\int MCdQ=VC+C\]   FBQ11: Study the function carefully: F(x, y, ƛ) is the _____ Answer: Lagrange function FBQ12: Study the function , the ________ Answer: Objective function FBQ13: In the same function , is the ______ Answer: Constraint function FBQ14: If g = 4w3 + 10wxy3 - y2 +x4 . With respect to ‘x’, the partial derivative of this function is______ Answer: 10wy3 + 4x3 FBQ15: Two matrices are equal if they possess the same ___ Answer: Dimension FBQ16: A matrix where the number of rows equal the number of columns is known as ___ Answer: square matrix FBQ17: When the substitution method becomes useless as a result constraint, _______ becomes effective. Answer: Lagrange multiplier FBQ18: In matrix operation, any matrix of 2 by 3 order means ______ Answer: 2 rows and 3 columns FBQ19: When the second derivative of any function equals zero, the _____ occurs Answer: inflection point FBQ20: The first among the rules of differentiation is the ______ Answer: Constant rule FBQ21: Use Lagrange multiplier to optimize q = 〖8x〗^2 – 4xy + 〖12y〗^2 subject to x + y = 36. Therefore, q = 〖8x〗^2 – 4xy + 〖12y〗^2 + ƛ (36 – x –y). The value of ‘y’ is_____ Answer: 15 FBQ22: Use Lagrange multiplier to optimize q = 〖8x〗^2 – 4xy + 〖12y〗^2 subject to x + y = 36. Therefore, q = 〖8x〗^2 – 4xy + 〖12y〗^2 + ƛ (36 – x –y).  the value of x in the equation is ____ Answer: 21 FBQ23: Given that q = 5p + 45, find the derivative of q-1 Answer: 1/5 FBQ24: A rectangular array of numbers, parameters, or variables is known as a ___ Answer: Matrix FBQ25: The Marginal Revenue (MR) of the function Q = 46 – 2p is _____ Answer: 23 – Q FBQ26: e derivative of a constant function like p = k, or f(t) is ___ Answer: Zero FBQ27: The ___ derivative measures the direct effect of p on q, plus the indirect influence of p on q through i,  Answer: Total FBQ28: From the consumption function C = 2500 + 0.75Yd, the Marginal Propensity to Consume (MPC) is ______ Answer: 0.75 FBQ29: The Marginal Propensity to Save (MPS) is ______ given the consumption function in question 28. Answer: 0.25 FBQ30: ___ measure the rate of change in the endogenous variable occasioned by a little change in the individual exogenous variables Answer: Total differentials FBQ31: Given the Average Cost function AC = 2.5Q + 6 + 56/Q , the Marginal Cost (MC) is ______ Answer: 5Q + 6 FBQ32: ___ is used to convert a constrained extremum problem into a form that can be resolved Answer: Lagrange multiplier FBQ33: ___ is used to convert a constrained extremum problem into a form that can be resolved Answer: Lagrange multiplier FBQ34: If MC = 70 + 90Q – 30Q2, and fixed cost is 100. The TC equation from the MC function is ______ Answer: 70Q + 45Q2 – 10Q3 + 100 FBQ35: The value of TC is X in absolute term when Q is 5. What is X? Answer: #325.00