经济法试题（Economic Law）.docVIP

经济法试题（Economic Law） Four, math: 1. (1) by Qd= Qs to 505P equilibrium conditions, =105P The solution of Pe=6, Qe=20 Therefore, the equilibrium price is 6, the equilibrium quantity is 20 (2) the Qd= equilibrium condition of Qs, to 605P =105P The solution of Pe=7, Qe=25 at this time, the equilibrium price is 7, the equilibrium quantity is 25. 1, a commodity price P1=500 yuan, sales of Q1=100, what is the total income at this time? If the price fell 10%, while the product is elastic commodity price elasticity coefficient =2, how much is the sales volume, how much is the total revenue? Increase or decrease? Answer: TR1= P1 * Q1=500 * 100=50000 (yuan) /-10%=2 change the price elasticity of demand = demand fluctuation amplitude / = demand change in the price. So, demand has increased 20%. At this time the price of 450 (down 10%), demand is 120 (20% increase), TR2= P1 * Q1=450 * 120=54000 (yuan) Total revenue increased. The utility function of U=xy 2, known as Wang, it intends to buy X and Y two kinds of goods, when the monthly income is 120 yuan, Px=2 yuan, Py=4 yuan, ask: (1) in order to obtain the maximum utility, he should be how to choose the combination of X and y? (2) what is the marginal utility and the total utility of money? Solution: Because the MUx=y, MUy=x, by MUx/MUy=y/x=Px/Py, PxX+PyY=120 There are Y/x=2/3 2x=3y=120 For X=30, y=20 Mum=MUx/Px=y/Px=10 the marginal utility of money The total utility of TUm=MUmM=1200 currency (2 points) 3. and 1 year for Zhang known commodity goods 2 of the expenditure of 540 yuan, two commodity prices were P1=20 yuan and P2=30 yuan, the utility function of the consumer is U=3XY2, including X, Y respectively 1 and 2 the number of goods purchased. Q: the number of consumers to buy this year two commodities should is how much, in order to make the total utility of the largest? How much is the maximum total utility? 1. solutions: MU1=3Y2, MU2=6 XY, by the consumer equilibrium condition MU1 / P1=MU2 / P2 MU2 =3 / 2MU1 6 XY=9 / 2 Y2 (