**Answer:**2 and 5 respectively

2. Question: Integration is the reverse process of

**Answer:**Differentiation

3. Question: Logarithms can be seen as the opposite of

**Answer:**exponents

4. Question: In standard economic theory consumers are assumed to be

**Answer:**Rational

5. Question: A set of all the subsets of a set is called a

**Answer:**Power set

6. Question: Given the demand function P 30 Q and the supply function P 15 2Q and assuming pure competition calculate the producer surplus

**Answer:**25

7. Question: In Optimization theory, the payoff function is sometimes referred to as the function

**Answer:**Utility

8. Question: What is the value of log256 given that the log is in base 4

**Answer:**4

9. Question: is the difference between the price consumers are willing to pay for a good or service and the actual price they paid

**Answer:**Consumer surplus

10.Question: In mathematics is a collection of things of the same kind that belong to or are used together

**Answer:**Set