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ECO406 Mathematical Economics Assignment No. 1 Solution Fall 2019 Due Date: may-29- 2019

Question # 01:
Given below is an example of a linear function.
40x – 20y = 80
Use the linear function and plot the graph by deriving the value of dependent and
independent variables.
(Marks: 04)
Question # 02:
Keeping in view the given below economic functions find out the values of
dependent variable by assuming values of independent variable from 0 to 4. Also
make graph by using the calculated values of dependent and independent
1. XY=6
2. Y=2x3 + 4x2 + 2x -3
(Marks: 04)
Question # 03:
Briefly explain the concept of 45 degree line and also explain why line of
autonomous consumption does not start from the origin?
(Marks: 02)

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