0 views

Uploaded by Do Minh Duc

micro teme

micro teme

© All Rights Reserved

- Chap 007
- Shapiro - Foundations of the Market-Price System
- Bk 1 Ch 5 Question Bank
- econ
- Notes
- Demand & Supply
- H2 Economics Detailed Summary
- economics study guide
- 0455_s04_ms 2004
- CIS Microeconomics Exam Two Review
- BBA104ME UNIT-1.pdf
- Pricing Decisions
- Ch004
- Sample Assignment
- Exam Questions
- elasticity.ppt
- Econ 201 Noteshell
- 1991 Micro
- Math Apendix Principle Marshall
- Econ - Micro Econ(1)

You are on page 1of 2

, the price

of good Y is 5 m.u., income is 1000 m.u. and utility function has the following form: UT (x, y) = X 0,3

Y0,7. In these circumstances determine the quantities of the two goods for which the utility is

maximized and represent in a graph the modification of the budget line if the price of good X increases

with 10%.

2. Whether a consumer consuming two goods x and y. The price of good X is 2 m.u the price of

good Y is 4 and income is 200 um. If the utility function is of the form: UT (x, y) = X 0,2 Y0,8 In these

circumstances determine the quantities of the two goods for which the utility is maximized and

represent in a graph the modification of the budget line if the price of good y decreases with 20%.

3. Whether a consumer consuming two goods x and y. The price of good X is 16 m.u., the price

of good Y is 16 m.u. , income is 320 m.u. and utility function has the following form: UT (x, y) = 4X 0,1

Y0,9. In these circumstances determine the quantities of the two goods for which the utility is

maximized and represent in a graph the modification of the budget line if the income decreases with

30%.

4. If the quantity demanded increases by 20 % and at the moment T0 price is 20 m.u. and in T1

reaches 16 m.u. Find out the coefficient of elasticity of demand at price and interpret.

5. If the quantity demanded decreases by 10% when the price is 60 m.u. in T0 and in T1 reaches

72 m.u.. Find out the coefficient of elasticity of demand at price and interpret.

6. If the price of good X decreases by 10% when the quantity demaded is 20 unit in T0 and in T1

reaches 36 units. Find out the coefficient of elasticity of demand at price and interpret.

7. If the demand function is Q= 10 – 2P and the initial quantity demanded is 100 units and

increases to 120 units. Find out the coefficient of elasticity of demand at price and interpret.

8. If the demand function is Q= 48 –8P and the initial quantity demanded is 16 units and

increases by 20%, find out the coefficient of elasticity of demand at price and interpret.

9. If in the initial moment the quantity demanded is 100 units oranges on the oranges market

and they are sold at an average price of 4 m.u. and in the moment T1 it is 120 units at an average price

of 3 m.u. Find out the coefficient of elasticity of demand at price and interpret.

10. Being given a manufacturer that produces good X using combinations of labor and capital.

The price of labor is 5 m.u., the price of capital is 20 m.u. and total costs are 200 m.u.. The production

function is of the form: Q (L, K) = L0,4 K0,6 Find out the quantities of L and K for which the production is

maximum and represent in a graph the optimum of the producer.

11. Being given a manufacturer that produces good X using combinations of labor and capital.

The price of labor is 12 m.u., the price of capital is 8 m.u. and total costs are 64 m.u.. The production

function is of the form: Q (L, K) = 4L0,1 K0,9 a)Find out the quantities of L and K for which the production

is maximum and represent in a graph the situation when the price of labor increases with 20%; b) Find

out the type of return to scale and interpret; c) Represent in a graph the isocost.

12. Being given a manufacturer that produces good X using combinations of labor and capital.

The price of labor is 12 m.u., the price of capital is 8 m.u. and total costs are 64 m.u.. The production

function is of the form: Q (L, K) = 4L+8K. a) Find out the quantities of L and K for which the production

is maximum and represent in a graph the situation when the price of capital decreases with 10%; b)

Find out the type of return to scale and interpret; c) Represent in a graph the isocost.

13. In T0 average productivity is 2000 units/employee. In T1 compared to T0 production drops

with 20% and the number of workers increased by 5%. Determine marginal labor productivity.

14. In T0 production is 160 units. In T1 compared to T0 it increases by 16% and the number of

workers increased by 12%. Determine the average labor productivity in T1 and its relative change.

15. In T0production is 525 units. In T1 compared to T0 this drops by 5% and the number of

workers decreases by 10%. Determine the average labor productivity in T1 and its relative change.

16. Being given a producer that has the function of total costs CT= 2Q2+Q+1 and if production is

10 units find out: variable cost, fix cost, average variable cost, average fix cost, average total cost and

marginal cost. If the price on the market is 100 lei, find out total profit and the average profit.

17. Being given a producer that has the function of total costs CT= Q2+100Q+20 and if production

is 5 units find out: variable cost, fix cost, average variable cost, average fix cost, average total cost and

marginal cost. If the price on the market is 250 lei and it is increasing with 10%, find out initial total

revenue, profit and the average profit and marginal revenue and marginal profit.

18. At the moment T0 average variable costs are 100 m.u. In T1 variable costs increased by 20%

and production increased by 30%, calculate the marginal cost.

19. At the moment T0 average total costs are 100 m.u. In T1 total costs increased by 10% and

production increased by 30%, calculate the marginal cost.

20. At the moment T0 average total costs are 200 m.u. In T1 total costs decrease by 10% and

production increased by 10%, calculate average total costs in T1 and their relative variation.

21. At the moment T0 average variable costs are 80 m.u. In T1 variable costs increased by 15%

and production increased by 12%, find out the average variable cost in T1 and the relative modification.

22. At the time T1 compared to T0, production increased by 40%. Determine the relative change

in average fixed costs.

23. At the time T1 compared to T0, production decreased by 25%. Determine the relative change

in average fixed costs.

- Chap 007Uploaded byMegan Collins
- Shapiro - Foundations of the Market-Price SystemUploaded byHarry Jarin
- Bk 1 Ch 5 Question BankUploaded bytrump
- econUploaded byasian_rose581763
- NotesUploaded byWael_Barakat_3179
- Demand & SupplyUploaded byNikhil Roy
- H2 Economics Detailed SummaryUploaded byragul96
- economics study guideUploaded byapi-296446683
- 0455_s04_ms 2004Uploaded bynisarg_
- CIS Microeconomics Exam Two ReviewUploaded byVictoria
- BBA104ME UNIT-1.pdfUploaded byPashupati Nath
- Pricing DecisionsUploaded byzombies_me
- Ch004Uploaded byHaritha Reddy
- Sample AssignmentUploaded byKemas Ridho Aditya
- Exam QuestionsUploaded byAfiqah Yusoff
- elasticity.pptUploaded byFitrhiianii ExBrilliant
- Econ 201 NoteshellUploaded byRichard Huang
- 1991 MicroUploaded byGary Lam
- Math Apendix Principle MarshallUploaded byAndry Satrio
- Econ - Micro Econ(1)Uploaded byscribdhhhh
- mb0042Uploaded byAnkit Agarwal
- UntitledUploaded byapi-232747878
- DemandaUploaded byedrgonza
- Trefor 5 InglesUploaded byosiris reyes
- ch03Uploaded byMosh
- EconomicsUploaded byOnasis_Effah_5569
- Elasticity of DemandUploaded byPriya Kala
- Demand Supply, ED 5,6,7Uploaded byLoretta D'Souza
- Elasticity BizUploaded byheridoc
- Economics IUploaded byarnoldsch2008

- RightNows 3rd Annual Customer Experience Impact ReportUploaded byRightNow
- Final Report of PipseUploaded byarehmangift
- Brand Equity Mba Dissertation Strathclyde 2005 www.grossolatos.comUploaded bygrossolattos
- consumerpreferencestowardsbrandedsportsshoes-100607005623-phpapp02Uploaded byJesse Dass
- Behaviour of customers in Telecom SectorsUploaded byAkifaijaz
- A3-P2WCanvas.pdfUploaded byRicardo Meneghelli
- 01 Differing Perspectives on QualityUploaded byM Sayid Dwi
- Sadakalo SageUploaded byAl Imran
- wac 2 mti2Uploaded byMuhammad Imran Alam
- Pe1337Uploaded byRiktesh Srivastava
- First PartUploaded bymujeshkm
- President or CEO or ConsultantUploaded byapi-121325584
- Chap008.xlsUploaded bydbjn
- Auckland Council New Core PogramUploaded byshrikik
- Lean ModelUploaded bySusan Thomas
- Final Report on DeBeers' CaseUploaded bySiddharth Himmatramka
- The Role of Branding in Consumer Decision MakingUploaded byBhavik Waghela
- 75256945-Coca-Cola-Porter-s-Five-Forces-Analysis-and-Diverse-Value-chain-Activities-in-Different-Areas.pdfUploaded byLouise Anciano
- BS Assignment 2Uploaded byAmbika Sharma
- retail startegy of Reliance TrendUploaded bysonu kumar
- Opportunities With Enactus NTU March 2015Uploaded byLiza Leikina
- Assignment 2Uploaded byejazrd
- 2_BMG_per_PCUploaded byblackraiden
- Strayer Mkt Quiz 4Uploaded byteacher.theacestud
- Departments at TommyUploaded byikhan_91447
- Cocacola Distribution ChannelUploaded byPragati Jha
- DiageoUploaded byHassan Haj Kanaan
- TVS APACHE (MKT).docUploaded byvaskar_karki
- How Are Hotels Embracing Social Media in 2010Uploaded byRijeesh Wahid
- 2006 MarketingUploaded byKyle Yuan