Economics (GSDR2113)
Higher Institute of Transport and Logistics (HITL)
Semester: First Semester
Level: 300
Year: 2018
THE UNIVERSITY OF BAMENDA UNIVERSITE DE BAMENDA
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HIGHER INSTITUTE OF TRANSPORT INSTITUT SUPERIEUR DE TRANSPORT
and LOGISTICS (HITL) et LOGISTIQUE(TSTL)
BAMBILI- BAMENDA BAMBILI BAMENDA
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Email: hitl@unibda.net
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COURSE: ECONOMICS. Dr Emmanuel BE YIN A
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 estimable variable loads: 1933750L 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 represent the break-even point graphically
3 - Determine the date of the break-even point
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