Economics (GSDR2113)
Higher Institute of Transport and Logistics (HITL)
Semester: First Semester
Level: 200
Year: 2018
COURSE: ECONOMICS. DR. EMMANUEL BEYINA
The candidates will treat the two topics inevitably below: 2 hours
Exercise 1: 10 marks
Someone communicates to the following data for the year 2015 (in millions of FCFA): Turnover out
taxes 20592000f; total variable loads 18098000f; fixed loads: 2004000f; selling price of 50000f a
pair of shoes
Assignment:
1 – Determine the break-even point
2 – What quantity of pair of shoes corresponds to this break-even points
3 – While also considering the sales repartition, what date will this break-even point be reached?
4 – Represent the break-even point graphically (total cost = turnover)
NB: Round up the break-even point to the 10000superior
Exercise 2:10 marks
Looking at the picture below and considering the evolution of the prices and sold quantities of
butter, meat and cheese during the years 2008 – 2009 and 2010 – 2011:
Products P0: 2008-2009 P1
Price Quantity Price quantity
Butter 900 1800 1350 1450
Meat 800 3000 1040 1200
cheese 1200 600 1600 400
Assignment:
1- Calculate and interpret the coefficient of springiness of the demand of each of these
commodities
2- Calculate the indication measuring the global evolution of the values of these commodities
Exercise 3:10 marks
The offer, the demand and the price of rice of the population of the city of Bamenda presents
themselves in the following manner consigned below in the picture
Supply 700 800 1000 1300 1400
Demand 1300 1200 1000 800 750
Price 80 90 100 120 130
Assignment:
1- Present the curves of demand and supply
2- Present an illustration of the third law of demand and supply
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
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