A very good source of practice material: AMS/Econ11B Review. Problem Sets (Homework Assignments, or whatever you want to call them) are listed below in order. Questions [PDF] - 30 short questions and one long word problem
Answer Key [PDF]
Some step-by-step solutions from Problem Set 1 - potentially good review for the first quiz
(b) Suppose h(t)=t, so that w=f(x,t), where x=g(t). Use part (a) to find dw/dt and simplify your answer.
An example of the chain rule in action
17.5.20 In considering a production function, P=f(l,k), where l is labor input and k is capital input, Fon Boulier, and Boldfarb assume that l=L g(h), where L is the number of workers, h is the number of hours per day per worker, and g(h) is a labor effectiveness function. In maximizing profit p, given by
![]() where a is the price per unit of output and w is the hourly wage per worker, Fon Boulier, and Goldfarb determine
![]() Problem Set 2 - Due August 9th
Questions [PDF] - 17 book problems plus one long word problem
Answer Key [PDF]
Problem Set 3 Due August 16th Questions [PDF] - many book problems. One long word problem. Answer Key [PDF] * questions drawn from Haeussler, Paul & Wood's "Introductory Mathematical Analysis for Business, Economics and Life & Social Sciences" & Luba Petersen's original work.
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