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Bdek1103 Introductory Microeconomics
Bdek1103 Introductory Microeconomics
ASSIGNMENT/ TUGASAN
BDEK1103
INTRODUCTORY MICROECONOMICS
MAY 2024 SEMESTER
5. This assignment accounts for 50% of the total marks for the course. /
Tugasan ini menyumbang sebanyak 50% dari jumlah markah kursus.
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ASSIGNMENT QUESTION
Part I (40%)
PURPOSE
The purpose of this assignment is to enhance learners’ understanding on the application of
microeconomic theories in making decisions.
REQUIREMENT
Answer all the questions.
QUESTION 1 (CLO1)
a. Explain the definition of the production possibility curve and the assumptions that used in
explaining the concept with the aid of diagrams.Production Possibility Curve(PPC) is a curve
that shows the maximum combination between two different types of goods which can be
produced by a firm or society based on the limited factors of the production (raw material and
resources) and existing technological development (which does not influence output). In an
economic situation, PPC is derived due to scarcity. Hence choice has to be made for maximum
combination of output while identifying the opportunity cost at each combination. Assumptions
made in explaining PPC are there are only two types of goods, factors of production are
limited, level of technology is fixed and the economy is at maximum efficiency. Below figure
1.1 shows an example PPC for production of Rice and Sugar.
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Figure 1.1
(6)
b. Using the production possibility curve, briefly explain the following situations:
QUESTION 2 (CLO1)
A monopolist finds that the demand function for the goods he produces is P=20-Q, where Q is
the quantity of goods and P is the price.
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QUANTITY PRICE TOTAL AVERAGE MARGINAL TOTAL MARGINAL
REVENUE REVENUE REVENUE COST COST
(Q) (P) (TR) (AR) (MR) (TC) (MC)
0 0
1 7
2 16
3 27
4 40
5 55
Based on the information from the demand function and data in the table, complete the table
by showing the price level (P), total revenue (TR), average revenue (AR), marginal revenue (MR),
and marginal cost (MC).
(15)
QUESTION 3 (CLO1)
Since a monopoly firm is the only firm in the industry, it will always enjoy supernormal profits.
Do you agree with this statement? Provide the answer with a diagram.
(10)
Part II (10%)
ONLINE CLASS PARTICIPATION
5
Discuss one of the following topics in the forum and submit five (5) proofs of participation in the
online discussion.
Discussion topics:
SOALAN TUGASAN
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Bahagian I (40%)
TUJUAN
Tujuan tugasan ini adalah untuk meningkatkan pemahaman pelajar mengenai aplikasi teori-teori
mikroekonomi dalam membuat keputusan.
KEPERLUAN
Jawab semua soalan.
SOALAN 1 (CLO1)
SOALAN 2 (CLO1)
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Seorang pemonopoli mendapati fungsi permintaan bagi barang yang dikeluarkannya ialah P=20-Q,
dengan Q mewakili kuantiti barang dan P ialah harga.
Berdasarkan maklumat daripada fungsi permintaan dan data dalam jadual, lengkapkan jadual ini
dengan menunjukkan tingkat harga (P), jumlah hasil (TR), hasil purata (AR), hasil marginal (MR)
dan kos marginal (MC).
(15)
SOALAN 3 (CLO1)
Oleh kerana firma monopoli merupakan sebuah firma sahaja dalam industri, maka ia akan sentiasa
menikmati untung lebih normal. Adakah anda setuju dengan pernyataan ini? Berikan jawapan
beserta gambar rajah.
(10)
Bahagian II (10%)
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PENYERTAAN KELAS DALAM TALIAN
Bincangkan salah satu topik berikut dalam forum dan hantar lima (5) bukti penyertaan anda dalam
perbincangan dalam talian.
Topik perbincangan:
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Part II/Bahagian II (10%)
4 3 2 1 0
All five comments Four of the Two or three of the One post submitted. Postings done past
are good, comments are good, comments are OR All posts done assignment
appropriate, appropriate, somewhat good, in one day. timeline.
Quality of Postings
relevant, meaningful, relevant, meaningful, appropriate, OR None of the OR No postings
and respectful. and respectful. meaningful and comments are good given as proof of
respectful. and relevant. participation in
Affective Domain
Postings reflect Postings reflect OR Comments are discussion
(A3)
active participation participation within Postings show short responses that
within assignment assignment timeline. relatively short are not substantial
timeline. participation time nor meaningful.
Minimum effort
1 3 2.5 (e.g. “I agree with 10
Tina”)
Kelima-lima komen Empat Dua atau tiga komen Satu penghantaran Postings melepasi
baik, sesuai, relevan, komen baik, sesuai, baik, sesuai, ATAU Semua tempoh tugasan.
bermakna dan relevan, bermakna relevan,bermakna penghantaran ATAU Tiada Postings
Kualiti Postings
berhemah. dan berhemah. dan berhemah dibuat dalam satu diberi sebagai bukti
hari . ATAU Tiada penyertaan dalam
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Postings Postings Postings komen yang baik perbincangan
Domain Afektif mencerminkan mencerminkan menunjukkan dan relevan. ATAU
(A3) penyertaan aktif penyertaan penyertaan dalam Komen hanya
sepanjang tempoh sepanjang tempoh jangakamasa yang respon yang ringkas
tugasan. tugasan. singkat. dan tidak meluas
dan tidak
bermakna.Usaha
minimum (Cth:
“Saya bersetuju
dengan Tina”)
Total 2.5 10
1. Select the best FIVE (5) of your postings from the forum discussion set up by your tutor.
2. Do screenshots of the postings and include them as images in your assignment.
3. The screenshots should be in image file (either in JPG or PNG format). Refer to the sample of Screen Grab below
4. The screenshots should contain: Name, Title of the discussion, Day, Date and Time.
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1. Pilih LIMA (5) posting anda yang terbaik daripada perbincangan forum yang ditetapkan dalam tugasan.
2. Lakukan screen shot posting dan isikan dalam bentuk imej di dalam fail tugasan anda.
3. Imej screen shot mesti dalam format imej (sama ada JPG atau PNG). Rujuk pada contoh screen shot di bawah.
4. Screen shot mesti mengandungi nama, tajuk perbincangan, hari, tarikh dan masa.