📘 microeconomics

1. Masalah: Diberikan dua fungsi kuantitas $Q$ berupa (a) $Q = 50 - 5P$ dan (b) $Q = 22 + 2P$. Tentukan mana fungsi demand dan supply, lalu temukan market equilibrium. 2. Identifi

1. **Problem Statement:** Calculate the equilibrium prices and quantities for a two commodity market model. 2. **Step 1: Define demand and supply functions for each commodity.**

1. **Problem statement:** We analyze the returns to scale from the given table of output (Q) outputs for different combinations of labour (L) and capital (K). 2. **Returns to scale

1. **Problem Statement:** Analyze the effects on demand and supply curves for the "Island Escape" tour package under different scenarios including price changes, endorsements, and

1. **Problem:** Given the Cobb-Douglas production function $$Q = L^\alpha K^\beta$$ with $$\alpha = \beta$$ and total cost $$TC = wL + rK$$, write the profit function. 2. **Step 1:

1. **Stating the problem:** We have a Cobb-Douglas production function $$Q = L^\alpha K^\beta$$ with $$\alpha = \beta$$, and a total cost function $$TC = wL + rK$$. We want to:

1. Stating the problem: We need to graph a typical indifference curve for a utility function. An indifference curve shows combinations of goods that provide the same utility level.

1. Problem: Investigate the convexity of indifference curves and the behavior of the Marginal Rate of Substitution (MRS) for each utility function. A typical indifference curve is

1. **State the problem:** Given the utility function $$u(x_1, x_2) = 2x_2$$, interpret and analyze it. 2. **Interpretation:** The utility function depends only on the variable $$x_