Soal Tugas #1
Soal Tugas #1
TUGAS KELOMPOK I
Bab 1
1. 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?
2. 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.]
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?
4. 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.
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.
5. Suppose the supply function for product X is given by Qsx = −30 + 2Px − 4Pz.
a. How much of product X is produced when Px = $600 and Pz = $60?
b. How much of product X is produced when Px = $80 and Pz = $60?
c. Suppose Pz = $60. Determine the supply function and inverse supply function for good
X. Graph the inverse supply function.