Overview of Becc 102 Non Linear Demand Function Consumer Surplus Producer Surplus
Given the demand function PD = 27 - Q 2 and supply function Ps = 2Q + 3. Assuming perfect competition, find (i) the consumers' surplus , (ii) the producers' surplus .
BECC-102 Non-linear demand function consumer surplus . producer surplus 4.6K views • 2 years ago 6:32
BECC 102 Solved
2. Given the demand function . Pp = 27 Q and supply function Ps=2Q+3. Assuming perfect competition, find (i) the consumers' surplus , (i) the producers' surplus . Section B Answer the following Middle Category questions in about 250 words each. Hach question carries 10 marks. Word limit will not apply in the case of numerical questions. 3x10=30 3.
2. (a) Suppose the demand for a product is given. by: P=d (q)=-0.8q+150 and the supply for the same product is given by Ps (q)=5.2q. For both the functions , p is the price and q is the quantity. (i) Find the equilibrium point. (ii) Find the producer surplus . (iii) Find the consumer surplus .
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2×20=40 1. (a) Suppose the demand for a product is given by : P d ( q ) 0.8 q 150 and the supply for the same product is given by P s ( q ) 5.2 q. For both the functions , p is the price and q is the quantity. (i) Find the equilibrium point. (ii) Find the producer surplus . (iii) Find the consumer surplus .
A market has the following demand and supply functions : Pd = 18 - 2x - x2 Demand Function Ps = 2x - 3 Supply Function Find the Producer Surplus and the Consumer Surplus .
BECC 102 Question Paper December 2025 Math Economics
BECC-102 demands that you solve difference equations, compute consumer and producer surplus , find profit-maximising output levels, work with calculus, and understand algebraic structures like convex sets. Each question type needs a different approach, and under exam pressure, that variety can feel overwhelming.
P = - 0.8q + 150, and the supply for the same product is given by P = 5.2q. For both the functions , p stands for price and q stands for quantity. Find the consumer surplus and the producer surplus at equilibrium. 9. (a) What is a discontinuous function ? Discuss the types of discontinuity. (b) Given the function f ( x ) 4 x 9 3
Mathematical Methods in Economics I Exam
The document is an examination paper for the course BECC-102 : Mathematical Methods in Economics-I, intended for Bachelor of Arts (Honours) in Economics students. It consists of three sections with various mathematical problems related to economics, including difference equations, demand and supply functions , and concepts of continuity. Students are required to answer questions from all ...
Below are concise solutions to the BECC 102 assignment questions, covering monopolist optimization, surplus analysis, consumption propensities, set operations, logic, calculus and compound-interest calculations. We apply standard microeconomic and mathematical methods: profit = TR-TC, equilibrium by equating demand & supply, integration for surpluses, derivatives for elasticities, and ...