100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
DSC1520 ASSIGNMENT 1 FOR 2ND SEMESTER 2024 - DistinctionQUESTIONS AND ANSWERS WITH RATIONALE COMPLETE AND WELL EXPLAINED BY EXPERTS AND GRADED A+ 100% CORRECT LATEST UPDATE 2024 GUARANTEED 100% SUCCESS[ALL YOU NEED TO PASS YOUR EXAMS $3.99   Add to cart

Exam (elaborations)

DSC1520 ASSIGNMENT 1 FOR 2ND SEMESTER 2024 - DistinctionQUESTIONS AND ANSWERS WITH RATIONALE COMPLETE AND WELL EXPLAINED BY EXPERTS AND GRADED A+ 100% CORRECT LATEST UPDATE 2024 GUARANTEED 100% SUCCESS[ALL YOU NEED TO PASS YOUR EXAMS

 11 views  0 purchase
  • Course
  • DSC1520
  • Institution
  • DSC1520

DSC1520 ASSIGNMENT 1 FOR 2ND SEMESTER 2024 - DistinctionQUESTIONS AND ANSWERS WITH RATIONALE COMPLETE AND WELL EXPLAINED BY EXPERTS AND GRADED A+ 100% CORRECT LATEST UPDATE 2024 GUARANTEED 100% SUCCESS[ALL YOU NEED TO PASS YOUR EXAMS

Preview 3 out of 23  pages

  • August 9, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
  • DSC1520
  • DSC1520
avatar-seller
ESCALITothethinker
DSC1520/Ass1-3/2020




Quantitative Modelling 1
DSC1520

Semester 1


Department of Decision Sciences


Assignments
01 (Units 1,2 and 3) 6 March 887288
02 (Units 4 and 5) 27 March 791190
03 (All Units) 24 April 834735

,Assignment 01(S1)

This MCQ assignment is compulsory.


Due date Unique number
6 March 2020 887288


Instructions
⊲ Work through Study units 1, 2 and 3 in the study guide before attempting this assignment.
⊲ Answer all the questions.
⊲ Submit your answers electronically through myUnisa.


Question 1
Rewriting the equation
5t + 1
V =
t−1
with t in terms of V , gives
6
[1] t= V
.
V +1
[2] t= V +5
.
1−V
[3] t= V −5
.
V +1
[4] t= V −5
.


Question 2
The demand function of a product is given as

P = 58 − 0,4Q,

where P and Q are the price and quantity, respectively. Determine the consumer surplus of the
product if the market price P = 10.

[1] 1 296
[2] 1 566
[3] 2 880
[4] 3 480




2

, Blurred content of page 3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ESCALITothethinker. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72349 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.99
  • (0)
  Add to cart