ASSIGNMENT/ TUGASAN

BDEK1103
INTRODUCTORY MICROECONOMICS
PENGENALAN MIKROEKONOMI
JANUARY 2023 SEMESTER

SPECIFIC INSTRUCTION / ARAHAN KHUSUS

1. Answer in Malay or English. /

Jawab dalam bahasa Melayu atau bahasa Inggeris.

2. Submit your assignment ONCE only in a SINGLE file. /

Hantar tugasan SEKALI sahaja dalam SATU fail.

3. Submit your assignment ONLINE. /

Tugasan ini dihantar secara ONLINE.

4. Submission date: 13 March 2023. /

Tarikh Penghantaran: 13 Mac 2023.

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 (CLO3)
a. Explain the supernormal profit for monopoly market and monopolistic competitive
market with aid of a diagram. (6)

b. Differentiate between perfectly competitive market and oligopoly market. (4)

QUESTION 2 (CLO1)
Table 1 shows the quantity and price for a firm.
Price Total Marginal Total Cost Marginal Total Profit
Output (P) Revenue Revenue (TC) Cost
(TR) (MR) (MC)
0 RM 0 RM 10
1 RM 130 RM 70
2 RM 109 RM 120
3 RM 92 RM 166
4 RM 80 RM 210

Based on Table 1, fill up the columns of total revenue (TR), marginal revenue (MR), marginal
cost (MC), and total profit.
(Prepare your answers in the form of a table). (10)

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QUESTION 3 (CLO1)
a)
Price (RM) Demand Supply
0 100 0
1 80 30
2 60 60
3 40 90
4 20 120
5 0 150

i. Sketch the demand curve and supply curve. (3)

ii. Describe the situation in the market when the price is at RM1 and RM4. (3)

b) The function for demand and supply are as follow:

Q1 = 2200 – 200P
Q2 = 800 + 500P
P is price and Q is quantity.

Calculate the equilibrium of price and quantity (4)

QUESTION 4 (CLO3)
Assume price (P) = RM15, quantity = 15 units, average variable cost (AVC) = RM8 and average
cost (AC) = RM20. This firm operates in monoplistic competitive market.

a. What is the formula for profit? (1)

b. Calculate total cost (TC). (2)
c. Calculate total revenue (TR). (2)
d. Calculate economic profit of the firm. (2)
e. Draw and shade the area that represents the economic profit of the firm. (3)

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Part II (10%)
ONLINE CLASS PARTICIPATION

Discuss the following topic in the forum and submit proof of your participation in the online
discussions.

Question:

"SEREMBAN: Ministry of Domestic Trade and Cost of Living Affairs (KPDNHEP) of Negeri
Sembilan has detected a lack of chicken eggs supply at the retailer level in several areas in the
state."

1. Based on the report, what are the factors that cause the shortage of chicken eggs in the
market?
2. Discuss by relating the concepts of demand and supply.

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 SOALAN TUGASAN

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 (CLO3)
a. Terangkan keuntungan lebih normal untuk pasaran monopoli dengan pasaran persaingan
monopolistik dengan bantuan gambarajah. (6)

b. Bezakan antara pasaran persaingan sempurna dengan pasaran oligopoli. (4)

SOALAN 2 (CLO1)
Jadual 1 menunjukkan kuantiti dan harga untuk sebuah firma.
Harga Jumlah Hasil Jumlah Kos Kos Jumlah
Keluaran (P) Hasil Marginal (TC) Marginal Untung
(TR) (MR) (MC)
0 RM 0 RM 10
1 RM 130 RM 70
2 RM 109 RM 120
3 RM 92 RM 166
4 RM 80 RM 210

Berdasarkan pada Jadual 1, isikan jalur jumlah hasil (TR), hasil marginal (MR), kos marginal
(MC) dan jumlah untung.
(Sediakan jawapan anda di dalam bentuk jadual). (10)

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SOALAN 3 (CLO1)
a)
Harga (RM) Permintaan Penawaran
0 100 0
1 80 30
2 60 60
3 40 90
4 20 120
5 0 150

i) Lakarkan keluk permintaan dan keluk penawaran. (3)

ii) Jelaskan situasi di dalam pasaran apabila harga adalah RM1 dan RM4. (3)

b) Fungsi permintaan dan penawaran adalah seperti berikut:

Q1 = 2200 – 200P
Q2 = 800 + 500P
P adalah harga dan Q adalah kuantiti.

Kirakan harga dan kuantiti keseimbangan. (4)

SOALAN 4 (CLO3)
Andaikan harga (P) = RM15, kuantiti = 15 unit, kos berubah purata (AVC) = RM8 dan kos purata
(AC) = RM20. Firma ini beroperasi dalam pasaran persaingan monopolistik.

a. Apakah formula untuk untung?

(1)
b. Kirakan jumlah kos (TC). (2)
c. Kirakan jumlah hasil (TR). (2)
d. Kirakan keuntungan ekonomi firma tersebut. (2)
e. Lukis dan lorekkan kawasan yang mewakili keuntungan ekonomi
untuk firma tersebut. (3)

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Bahagian II (10%)

PENYERTAAN KELAS DALAM TALIAN

Bincangkan topik berikut dalam forum dan hantar bukti penyertaan dalam perbincangan
dalam talian.

Soalan:

“SEREMBAN: Kementerian Perdagangan Dalam Negeri dan Hal Ehwal Pengguna

(KPDNHEP) Negeri Sembilan telah mengesan kekurangan bekalan telur ayam di peringkat
peruncit di beberapa kawasan di negeri ini.”

1. Berdasarkan kepada laporan tersebut, apakah faktor yang menyebabkan kekurangan

telur ayam di pasaran.
2. Bincangkan dengan mengaitkan konsep permintaan dan penawaran.

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Part II/Bahagian II (10%)
Marks for the forum will be given based on the following rubric:/
Markah bagi perbincangan dalam talian diberi berdasarkan rubrik:

Excellent Good Fair Poor Unsatisfactory

Max
QN CLO Criteria Weightage marks

4 3 2 1 0

1&2 3 Quality of Postings 2.5 All five comments Four of the Two or three of the One post Postings done past 10
are good, comments are good, comments are submitted. OR All assignment
appropriate, appropriate, somewhat good, posts done in one timeline.
relevant, relevant, appropriate, day. OR No postings
meaningful, and meaningful, and meaningful and OR None of the given as proof of
respectful. respectful. respectful. comments are good participation in
Postings reflect Postings reflect Postings show and relevant. discussion
active participation participation within relatively short OR Comments are
within assignment assignment timeline. participation time. short responses
timeline. that are not
substantial nor
meaningful.

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 Minimum effort
(e.g. “I agree with
Tina”)

Kualiti Postings 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
berhemah. dan berhemah. dan berhemah dibuat dalam satu Postings diberi
Postings Postings Postings hari ATAU Tiada sebagai bukti
mencerminkan mencerminkan menunjukkan komen yang baik penyertaan dalam
penyertaan aktif penyertaan penyertaan dalam dan relevan. ATAU perbincangan
sepanjang tempoh sepanjang tempoh jangakamasa yang Komen hanya
tugasan. tugasan. singkat. respon yang ringkas
dan tidak meluas
dan tidak
bermakna.Usaha
minimum (Cth:
“Saya bersetuju
dengan Tina”)

Total Marks/
10
Jumlah Markah

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INSTRUCTIONS ON HOW TO SUBMIT PROOF OF ONLINE CLASS PARTICIPATION (10%)
Do the following:

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.

ARAHAN PENGHANTARAN BUKTI PENYERTAAN KELAS DALAM TALIAN (10%):

Lakukan perkara berikut:
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.

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