MEC 203 Solved Assignment 2023-24
QUANTITATIVE METHODS
MEC 203 Solved
Assignment 2023-24 : All assignments are in PDF format which would be send
on email/WhatsApp (9958676204) just after payment.
Assignment Code: ASST/ MEC 203/2023-24
Marks: 100
Section A
Answer the following questions in about 700 words each.
The word limits do not apply in case of numerical questions. Each question
carries 20 marks.
Q1. a) Explain the necessary and
sufficient conditions in case of unconstrained optimisation.
b) Consider a consumer who buys two
goods, x and y with utility function u(x, y) = 2√x + y. The consumer's income
is 20 and price of y is 4. Compute the optimal consumption bundle when the price
of x is equal to 1 using constrained optimisation.
Q2. With respect to the applications of
dynamic optimisation, explain the optimal rate of extraction of exhaustible
resources by monopoly.
Section B
Q3. What is a discontinuous function?
Discuss the two types of discontinuous functions along with their diagrams.
Q4. Explain the concept of a stationary
point and inflexion point. Is a stationary point always a point of inflexion?
Why or why not?
Q5. What do you understand by the term
‘joint distribution’ and ‘marginal distribution’? Discuss with the help of an
example.
Q6. What is a sample? Explain with the
help of an example. Discuss any two types of sampling techniques.
Q7) Write short notes on the following:
(i) One-tailed and two-tailed tests
(ii) One to one and onto functions
(iii) Hyperbola
(iv) Local minima
MEC 203 Solved
Assignment 2023-24 : All assignments are in PDF format which would be send
on email/WhatsApp (9958676204) just after payment.
MEC 203 Solved
Assignment 2023-24, MEC 203 Solved Assignment 2023-24, MEC 203 Solved Assignment
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IGNOU MEC 203 Solved
Assignment 2023-24 :- Those students
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they will also checkout their assignment marks & result. All this is often
available in a web mode. After submitting the assignment, you'll check you MEC
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