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    UNSOLVED ECO406 Assignment 1 Solution and Discussion

    ECO406 - Mathematical Economics
    eco406 assignment 1 solution discussion fall 2019
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    • zareen
      zareen Cyberian's Gold last edited by

      SEMESTER FALL 2019
      MATHEMATICAL ECONOMICS (ECO406)
      ASSIGNMENT NO.1
      DUE DATE: 27TH NOVEMBER, 2019 MARKS: 10
      Question No.1:
      A linear function is one in which the power of an independent variable is equal to one. Given below are the prices and quantity demanded exhibiting a linear function.
      P 250 50 Q 20 60
      Derive the linear equation of demand function by using the values given in the above table.
      (Marks: 5) Solve the following equation and find the value of unknown(X).
      (Marks: 5)
      Question No.2:
      4x5 10x10 
      8x3 20x4

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