2nd Quarter Ekonomiks part 1
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This document appears to be an economics study guide or test from the Gaudete Study Center in the Philippines for the 2013-2014 school year. It contains the following: 1) A table of hypothetical data on price and quantity of different products and asks the student to identify the type of elasticity for each (price, cross-price, income elasticity). 2) A higher order thinking skills question asking the student to derive a supply function from a given supply schedule. 3) A blank table to construct a 'given' and calculable result where elasticity is exactly one, and the 'given' must be greater than 10. It advises against copying from a prior test.
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2nd Quarter Ekonomiks part 1
- 1. GAUDETE STUDY CENTER, INC. A.Y. 2013 – 2014 EKONOMIKS Part 1 Pangalan:___________________________________ Petsa:___________________ I. kompyutin, buuin at tukuyin ang uri ng elastisidad. Ilagay ang sagot sa akmang kahon at ipakita ang iyong solusyon. *Haypotetikalnadatos (5puntos/bilang) 2 – sagot 2 – solusyon 1 – uringelastisidad produkto 1 2 P Q I P Q I a 36 40 4,500 64 45 4,000 b 60 60 10,000 62 65 15,000 c 25 10 5,500 30 15 6,000 d 45 10 61,000 40 15 55,000 e 29 12 12,000 40 15 15,000 f 45 60 13,200 40 60 14,700 g 12 21 18,000 24 42 36,000 Elasticity of supply Cross – Price Elasticity Income Elasticity uring elastisidad uringelastisidad uringelastisidad Ea = Eae = IEa = Eb = Ebc = IEb = Ec = Eea = IEc = Ed = Ege = IEd = Ee = Ebd = IEe = Ef = Efe = IEf = Eg = Ecd = IEg = II. higher order thinking skills A. bumuongSupply Functiongamitangmganakalahadnadatossa Supply Schedule (5puntos). Price 75 100 200 400 Quantity 0 200 1000 2600 B. Punanangtalahanayansapamamagitanngpaglagayngsarilinggawang ‘given’ at dapatangresultanitosaelastisidad ay eksaktong 1 o unitary. Angmgagawanggiven ay dapat> 10.Hindi namaaringkopyahinangmganasasaadna given sa TEST 1.(5puntos) P2 = Q2 = P1 = Q1 = GOODLUCK! He hehe! *2 decimal places parasalahatng numeracy