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4 0 0
1)`Find the left and the right Frobenius vectors. A 0 3 9 (10).
0 4 3
2) Find MRS and partial Elasticities of the function
U ( x1, x2 , x3 ) 2 x x 1
0,5 0,4 0,2
2 x
3 (10).
3) a) Solve the LP problem (10); b) Build up the dual problem and solve it using
f x1 8 x2 10 max
5 x 2 x x 10,
the equilibrium theorem (10). 1 2 3
4 x1 10 x2 x4 20,
xi 0.
4) Solve the transportation problem (10).
B1 B2 S
A1 7 2 40
A2 1 5 35
A3 9 3 25
D 50 50
5) Find optimal strategies and value of the game given by the matrix
1 4 6 7
A . (10)
4 2 4 5
marks).
8) Solve the producer problem if the production function Q( K , L) 2 K 0,5 4 L0,5 ,
price p 2 , rent price R 4 , wage W 8 . (10 marks).
9) Solve the producer problem if the production function
Q( K , L) 2ln(5K 1) 3ln(2 L 1) . price p 20 , rent price R 2 , wage W 5
(10 marks).
10) a) Solve the LP problem (10 marks); b) Build up the dual problem and solve
f x1 8 x2 2 max
5 x 3 x 30,
1 2
it using the equilibrium theorem (10 marks)
2 x1 5 x2 20,
xi 0.
11) a) Solve the LP problem (10 marks); b) Build up the dual problem and solve
f x1 10 x2 3 max
3x 5 x x 15,
1 2 3
it using the equilibrium theorem (10 marks).
6 x1 3x2 x4 18,
xi 0.
12) a) Solve the LP problem (10 marks); b) Build up the dual problem and solve
f 2 x1 9 x2 3 max
3 x 5 x 15,
1 2
it using the equilibrium theorem (10 marks)
17 x 3 x2 x3 21,
xi 0.
13) Solve the transportation problem (10 marks).
B1 B2 S
A1 7 2 55
A2 1 6 20
A3 8 2 25
D 30 70
14) Find optimal strategies and value of the game given by the matrix
2 0 5 7
A . (10 marks)
6 8 2 1