Professional Documents
Culture Documents
2022.1
Study
Program
:
Business
Administration,
S1
Subject
:
Microeconomics
Credit
:
3
units
Lecturer
:
Farida
Komalasari
1. By
using
graph
(4
different
graphs),
show
the
effect(s)
of
the
event
below
on
an
online
game
market:
a. Increasing
on
the
youths’
digital
literacy
b. Fast
growing
on
the
digital
game
technology
c. Increasing
the
physical
games’
price
d. Increasing
the
gadgets’
price
2. Nicole
plans
to
spend
all
of
her
money
on
skincare
and
sushi.
Draw
her
budget
line
under
several
conditons
below
into
a
cartesius
diagram
(where
quantity
of
skincare
in
the
horizontal
line
and
quantity
of
shoes
in
the
vertical
line).
Her
money
is
$100.
a. Price
of
skincare/botle
is
$25
and
sushi/pack
is
$20
b. Price
os
skincare/botle
is
$25
and
sushi/pack
is
$10
3. The
following
are
assumed
supply
and
demand
schedules
for
egg
in
Cikarang.
Demand
Schedule
Supply
Schedule
Price
($)
Quantity
Demanded
Price
($)
Quantity
Supplied
per
Year
(Kg)
per
Year
(Kg)
1
25
1
16
2
20
2
20
3
15
3
24
4
10
4
28
a. Plot
the
supply
and
demand
curves
and
indicate
the
equilibrium
price
and
quantity.
b. Calculate
the
price
elasticity
of
demand
if
price
increases
from
$2
to
$4.
c. Is
it
a
good
decision
to
increase
the
price?
Why?
d. Calculate
the
supply
elasticity
if
the
price
decreases
from
$3
to
$1.
e. What
effect
would
an
increase
in
the
price
of
cooking
oil
(a
complementary
commodity)
on
the
equilibrium
price
and
quantity
of
egg,
ceteris
paribus.
Show
the
diagram.
4. Below
is
about
elasticity.
Fill-‐up
this
table.
Description
Positive
or
Negative
Elastic/Inelastic/Perfectly
Elastic/Perfectly
Inelastic
Demand
of
salt
Supply
of
Pertamax
in
Indonesia
Demand
of
rice
in
ASEAN
Countries
Supply
of
airplane
ticket
during
Covid-‐19
Pandemic
Demand
of
handphone
vertu
5. If
the
price
elasticity
of
demand
for
clothing
is
0.5
and
the
current
price
is
$3/piece,
what
rise
in
the
price
of
clothing
will
reduce
its
consumption
by
10%?
*******fk*******