ISI PEB 2015 Q5

[Ankita]

Can anyone plz explain Q5 of 2015, that would be great help. Thanks

[onionknight]

CONTENTS DELETED

The author has deleted this message.

[Ankita]

Hey Thanks, U r the best

[Gurpreet Pannu]

Hey man I have a doubt in your solution where you substituted the inverse demand equation in the revenue function you substituted Q= Wm+Wf whereas it should be Wm^em + Wf^ef

[onionknight]

Yes you're right that's why I took it off and i can't reach a solution when I write it correctly

[Gurpreet Pannu]

its just you need the inverse function Wm(A,p) which is just coming out to be too much maths.

Maths is to blame here.

[onionknight]

Actually it's easier than whay I've done above. Em is 2 I'll post pic in the evening

[Devil'sEye]

@OnionKnight

Can you please share the solution of second part of this question for us ?(the correct one)

thanks in advance

[onionknight]

I'm afraid I'm back to square one. Can only solve the first part. I'll fry again and let you know

[Rob]

hi plzz share the solution with us , it seems that u hav deleted the solution?

[Jim_Moriarity]

Could you please share the answer.
Also the answer to number 2.
THanks.

[deepti]

plz post the solution of this question

[Amit Goyal]

Here is the solution to Q 5:
Sol-5-ISI2015.png

[deepti]

Thankq sir

On May 8, 2015 4:33 PM, "Amit Goyal [via Discussion forum]" <[hidden email]> wrote:

Here is the solution to Q 5:
Sol-5-ISI2015.png

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[Rajat]

Thanks Amit !
Anyone tried to solving this with MR=MC condition ?
I am able to arrive at the solution this way. Can someone please share their steps

[deepti]

sir please explain 2015 peb Q7.

On 8 May 2015 at 17:59, Rajat [via Discussion forum] <[hidden email]> wrote:

Thanks Amit !
Anyone tried to solving this with MR=MC condition ?
I am able to arrive at the solution this way. Can someone please share their steps

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[art]

a)  (Continuity, Differentiability, Positive and Diminishing Marginal Products, and Constant Returns to Scale) df/dk, df/dl >0, double differentiation less than zero check if these satisfying or not,

b) the equilibrium eqn we get by solving the basic capital stock equation at steady state is k/f = s/n+depriciation. this equation reduces into a 3rd order thus has 3 solutions

c) im not sure but i think we should check fpr left and right differentiabilty and see whether the 3 points are stable, i.e slope to the left<0, to the right >0, im thinking only mathematically here so, not sure

[Amit Goyal]

Solution to Q 7 is here:
ISI_-_2015_Ans_7.png

[art]

Great sir! can u tell the solution for q2

[deepti]

Thanks a lot sir

On May 8, 2015 10:53 PM, "art [via Discussion forum]" <[hidden email]> wrote:

Great sir! can u tell the solution for q2

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