Tugas Personal ke-1
Joe's Car Cleaning has the following statement of financial position items:
Identify which items are
Tugas Personal ke 1
(Minggu 2 / Sesi 3)
1. Apa perbedaan dari Threat, Exposure, Vulenerability. Berikan contohnya
2. Apa perbedaan antara Autorisasi dan Autentikasi? Jelaskan menggunakan contoh
3. Jelaskan mengenai disaster recovery plan dan busine
Chapter 10: Market Power: Monopoly and Monopsony
MARKET STRUCTURE AND COMPETITVE STRATEGY
MARKET POWER: MONOPOLY AND MONOPSONY
1. A monopolist is producing at a point at which marginal cost exceeds marginal revenue.
Chapter 9: The Analysis of Competitive Markets
THE ANALYSIS OF COMPETITIVE MARKETS
1. What is meant by deadweight loss?
Why does a price ceiling usually result in a
Deadweight loss refers to the benefits lost to
Chapter 8: Profit Maximization and Competitive Supply
PROFIT MAXIMIZATION AND COMPETITIVE SUPPLY
1. Why would a firm that incurs losses choose to produce rather than shut down?
Losses occur when revenues do not cover total costs
Chapter 15: Investment, Time and Capital Markets
INVESTMENT, TIME, AND CAPITAL MARKETS
1. A firm uses cloth and labor to produce shirts in a factory that it bought for $10 million.
Which of its factor inputs are measured as flo
Chapter 14: Markets for Factor Inputs
MARKETS FOR FACTOR INPUTS
1. Why is a firms demand for labor curve more inelastic when the firm has monopoly
power in the output market than when the firm is producing competitively?
Chapter 16: General Equilibrium and Economic Efficiency
INFORMATION, MARKET FAILURE,
AND THE ROLE OF GOVERNMENT
GENERAL EQUILIBRIUM AND ECONOMIC EFFICIENCY
QUESTIONS FOR REVIEW
1. Why can feedback effects make a general equilibrium anal
Homework3 Microeconomics (LESE209)
Due date: November 20th
1. Suppose the market for widgets can be described by the following equations:
Demand: P = 10 Q
Supply: P = Q 4
where P is the price in dollars per unit and Q is the quantity in thousand
Answer key : Homework1 Microeconomics (LESE209)
1. Suppose the demand curve for a product is given by Q = 300 - 2P + 4I, where I is average
income measured in thousands of dollars. The supply curve is Q = 3P - 50.
a. If I = 25, find the market clearing pr
Homework #2 Microeconomics (LESE209)
Due date: October 20th
a. Orange juice and apple juice are known to be perfect substitutes. Draw the appropriate priceconsumption curve (for a variable price of orange juice) and income consumption curve.
Homework4 Microeconomics (LESE209)
Due date: December 10th
1. Consider two firms facing the demand curve P = 50 5Q, where Q = Q 1 + Q2.
The firms cost functions are C1(Q1) = 20 + 10Q1 and C2(Q2) = 10 + 12Q2.
a. Suppose both firms have entered th
Chapter 3: Rational Choice Theory
Contd (answers in class; these notes and maybe some parts of answers distributed in class).
Preferences (review); Assumptions:
The consumer has a complete ordering over all bundles of goods.
More is pref
More fun with Utility Functions!
Extra practice problems for Optimization and the Consumer Model, ECO308
Assoc. Prof Giddings
1. The Acme Seed Company charges $2/lb for the first 10 lb you buy of marigold seeds
each week and $1/lb for every pound you buy
INDIVIDUAL AND MARKET
Boiling Down Chapter 4
Many things impact purchasing habits, but two things stand out as especially import ant determinants of what is bought. Perhaps the most important variable, next to your
own preference pattern,
INDIVIDUAL AND MARKET
Boiling Down Chapter 4
Many things impact purchasing habits, but two things stand out as especially im portant determinants of what is bought. Perhaps the most important variable, next to
your own preference pattern,
DEPARTMENT OF ECONOMICS
ECONOMICS 211.3 (05)
Intermediate Microeconomic Theory
Due: October 31, 2006
1. (10 marks) Jennys situation is given by the graph below. Get your answers to the
following three questions from the graph.
Chapter 18W General Equilibrium and Market Efficiency
Chapter 18W presents the idea of general equilibrium. The Edgeworth box is used to
illustrate a simple general equilibrium model with resources taken as given. Next the model
Chapter 17 Government
Chapter 17 begins with a discussion of public goods: the two main characteristics are nondiminishability and nonexcludability. An aggregate willingness to pay curve is generated. The
optimal quantity of public goods i
Chapter 16 Externalities, Property Rights, and the Coase Theorem
Chapter 16 focuses on externalities, including an extensive discussion of the Coase theorem.
It begins with a definition of externalities presented from an example originally
Chapter 15 Capital
A variety of topics concerning capital and capital theory are presented here. The chapter
begins with a discussion of the equilibrium quantity of capital demanded by the firm set where
VMPK = r. The next section complica
Chapter 14 Labor
Chapter 14 examines the labor market. The first section presents a model with perfect
competition; the firm sets VMPL = wage. The text next examines labor markets under imperfect
competition; in this case the firm sets MRP
Chapter 13 Imperfect Competition: A Game Theoretic Approach
Chapter 13 begins with a discussion of game theory using the simple prisioners dilemma
model as a basis for exploring behavior where interdependence is the key feature of market
Chapter 12 Monopoly
According to the text, "the key feature that differentiates monopoly from competition is the
price elasticity of demand." The five sources of monopoly power are (1) exclusive control over
important inputs, (2) economies
Chapter 11 Perfect Competition
Chapter 11 describes the model of perfect competition in both the short run and the long run.
The chapter begins with a discussion of economic profit versus accounting profit; an example of
a miniature golf c
Chapter 10 Costs
This chapter covers cost curves in both the short run and the long run. The chapter begins
with the short run and the distinction between fixed and variable costs; next the discussion turns
to average fixed cost, average v
Chapter 9 Production
Starting with Chapter 9 the discussion shifts from a focus on the consumer to a focus on
production and the firm. Chapter 9 is primarily concerned with the theory of production. The text
begins with an example of a pro
Chapter 8 Cognitive Limitations and Consumer Behavior
Chapter 8 examines behavior that apparently contradicts the rational choice model. Several
examples are given, such as the failure to ignore sunk costs, the fact that people often weigh