Economics (GSDR2113)

Higher Institute of Transport and Logistics (HITL)

Semester: First Semester

Level: 200

Year: 2017

COURSE: ECONOMICS. DR. EMMANUEL BEYINA
The candidates will treat the two topics inevitably below: 2 hours
Topic 1: 12 marks
The curve of demand of a current consumption good is described by the following
data:
Price 100 120 130 150 160 190 200
Demand in
Kg
250 250 210 180 140 80 60
Assignment: 1 Represent the function of demand of this good graphically and
comment the given diagram
2 Calculate the coefficient of elasticity of the demand in relation to the prices when
the price moves from 130f to 150f and appreciate the given result
3 Give the significance of: hopeless elasticity, infinite elasticity
Topic 2:18 marks
1- Definition and components of the monetary mass
2- Give the counterparts of the monetary mass
3- The HITL industrial group specialized in transportation and logistics exploits a
small enterprise of transformation of cash crops in the locality of BAMBUI in
Bamenda. Its general manager plans a turnover out taxes of 35 450 000f for the
year 2014 2015.
Complementary information: Mark rate on purchase cost: 31,30%; other
estimated variable loads: 1933750f. Estimable fixed costs: 3250000f.
Assignment:
1- Present the pictures of the loads appearing on the total variable, cost, the total
fixed cost and the result;
2- Calculate and present the break-even point graphically
3- Determine the date of the break-even point
REPUBLIC OF CAMEROON
Peace Work Fatherland
THE UNIVERSITY OF BAMENDA
HIGHER INSTITUTE OF TRANSPORT AND
LOGISTICS (HITL)
DEPARTMENT OF GENERAL STUDIES
P.O. BOX 39, BAMBILI
REPUBLIQUE DU CAMEROUN
Paix Travail Patrie
UNIVERSITE DE BAMENDA
INSTITUTE SUPERIEUR DE
TRANSPORT ET LOGISTIQUE
DEPARTEMENT DES
ENSEIGNEMENT GENERAL
www.schoolfaqs.net