TUGAS

CHAPTER 1 AND 2

(Disusun untuk memenuhi tugas mata kuliah Managerial Economics)

Kelompok 8

Nama Anggota:

Dewantika Furita Sari     21/475621/NEK/25450

Ilmi Ariyundhani 21/475949/NEK/25474

Riska Wegig Pratitis 21/484504/NEK/25569

FAKULTAS EKONOMIKA DAN BISNIS

UNIVERSITAS GADJAH MADA

2021
Chapter 1
2. What is the maximum amount you would pay for an asset that generates an income of
$250,000 at the end of each of five years if the opportunity cost of using funds is 8 percent?
(LO5, LO7) Page 23
Answer
Fv
Present Value =
(1+i) n
250.000
Pv =
(1+0,08)5
250.000
= 5
(1 , 08)
250.000
=
1,4693
= 170.149,05
3. Suppose that the total benefit and total cost from a continuous activity are, respectively,
given by the following equations: B(Q) = 100 + 36Q − 4Q2 and C(Q) = 80 + 12Q. [Note:
MB(Q) = 36 − 8Q and MC(Q) = 12.] (LO1, LO6, LO7) Page 23
a. Write out the equation for the net benefits.
b. What are the net benefits when Q = 1? Q = 5?
c. Write out the equation for the marginal net benefits.
d. What are the marginal net benefits when Q = 1? Q = 5?
e. What level of Q maximizes net benefits?
f. At the value of Q that maximizes net benefits, what is the value of marginal net
benefits?
Answer
a. Net Benefit = Total benefit – Total cost
= TB – TC
= B (Q) – C (Q)
= (100 + 36Q − 4Q2) – (80 + 12Q)
= 100 + 36Q − 4Q2 − 80 − 12Q
= 20 + 24Q – 4Q2
b. Q = 1 20 + 24Q – 4Q2
20 + 24 (1) – 4(1)2
20 + 24 – 4
44 – 4 = 40
Q=5 20 + 24Q – 4Q2
20 + 24 (5) – 4(5)2
20 + 120 – 100 = 40
c. Marginal Net Benefit
MNB = MB – MC
= 36 − 8Q – 12
 = 24 – 8Q

d. MNB (Q) when Q = 1 ; Q = 5

MNB (Q) = MB (Q) – MC (Q)
MNB (1) = 36 – 8(1) – 12 = 16
MNB (5) = 36 – 8(5) – 12 = -16
e. Net Benefit bernilai maximum ketika MNB (Q) = 0
MNB (Q) = 36 – 8Q – 12
0 = 24 – 8Q
Q=3
f. MNB, jika x = 3
MNB = 24-8Q
MNB = -8Q+ 24
Jika x = 3,
-8 (3) +24 = 0
Sehingga, MNB = 0, jika x = 3

Chapter 2
1. The X-Corporation produces a good (called X) that is a normal good. Its competitor,
Y-Corp., makes a substitute good that it markets under the name Y. Good Y is an
inferior good. (LO1) Page 58
a) How will the demand for good X change if consumer incomes decrease?
b) How will the demand for good Y change if consumer incomes increase?
c) How will the demand for good X change if the price of good Y increases?
d) Is good Y a lower-quality product than good X? Explain
Answer
Diketahui:
X = normal goods
Y = inferior goods
a) Jika pendapatan konsumen mengalami penurunan, maka permintaan barang X akan
berkurang, dan sebaliknya.
b) Jika pendapatan konsumen meningkat, maka permintaan barang Y tetap menurun
sebab peningkatan pendapatan tidak akan menyebabkan peningkatan konsumsi barang
inferior.
c) Jika harga barang Y (pengganti) meningkat, hal ini akan menyebabkan peningkatan
konsumsi barang X. Hal tersebut diakibatkan barang Y merupakan substitusi dari
barang X. Apabila harga Y turun, permintaannya akan meningkat.
d) Barang Y adalah produk dengan kualitas lebih rendah dibandingkan dengan barang X
karena barang inferior merupakan barang yang mengalami penurunan permintaan
ketika pendapatan konsumen meningkat, tidak seperti barang X yang permintaannya
meningkat ketika pendapatan konsumen meningkat.
 7. Suppose demand and supply are given by: (LO3, LO4) Page 59

1 1
Qxd =14 - Px and Qxs= Px – 1
2 4

a. Determine the equilibrium price and quantity. Show the equilibrium graphically.
b. Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium
price and quantity.
c. How much tax revenue does the government earn with the $12 tax?
Answer
a. Diketahui:

 Qd = Qs
1 1
14 - Px = Px– 1
2 4
1 1
15 = Px + Px
4 2
6
15 = Px
8
15 x 8
= Px
6
20 = Px

1
 Qd = 14 - Px
2
1
= 14 - (20)
2
=4
1
Qs = Px – 1
4
1
= (20) – 1
4
=4
Dalam membuat grafik harus dicari titik P dan Q, baik supply dan demand
1 1
 Qd = 14 - Px Qd = 14 - Px
2 2
1 1
0 = 14 - Px = 14 - ( 0)
2 2
1
Px = 14 – 0 = 14
2
2
Px = x 14 = 28 Jadi, titik demand (P, Q) = (28, 14)
1
 1 1
Qs = Px – 1 Qs = Px – 1
4 4
1 1
0 = Px – 1 = (0) – 1
4 4
1
1 = Px =-1
4
Px = 4 Jadi, titik supply (P, Q) = (4, -1)

b. Jika tax $12, maka P dan Q?

1
Qs = Px – 1
4
1
= (20 + 12) – 1
4
1
= (32) -1
4
=7
Ps = p + tax = 20 + 12 = 32
c. Revenue Pajak?
Q X Pajak = 7 x 12
= 84