Hey,
Here's the link:
http://economicsentrance.weebly.com/uploads/1/1/0/5/1105777/gipe_modelquestions_ma.pdfMy doubts:
SECTION-C
6. What is the fourth term of (2a - 6b)^8?
a) 28*16*1296
b) 28*32*216
c) 70*32*216
d) 56*32*216
9. On which of the following interval(s) must the function f (x) = 2+x^2−x^3
have a root?
a) [−1, 0]
b) [0, 1]
c) [1, 2]
d) [2, 3]
4. If random variable X has probability density function given by
f(x)= e^-x x
= 0 Otherwise
Find P [2x + 3 = 5]
a) 1/2
b) 1/4
c) 0
d) 1
SECTION-B
5. You are an analyst for a metropolitan transportation authority. You are asked if it would
improve efficiency to buy more buses, and if so, how many more should be bought. The
operating cost of a bus is 30 during the day and 60 during the night, when higher wages
must be paid to drivers and other workers. The daily capital cost of a bus, whether or not
it is used, is 10. The demand for buses aggregated over persons and stops during the 12
hours of day and night, respectively D and N, are
QD = 160− PD
QN = 80− PN
What prices should be charged to induce efficient ridership?
a) PD= 45, PN= 55
b) PD= 40, PN= 60
c) PD= 70, PN= 80
d) PD= 60, PN= 40
SECTION-A
5. What is the next number in the sequence 8 13 5 15 20 12 ?
a) 17
b) 15
c) 36
d) None of the above
Thanks in advance. And any hint/help/clue would be greatly appreciated :)
Cheers!