 |
AMI810S-ADVANCED MICROECONOMICS -1ST OPP- JUNE 2025 |
|
|
1 Page 1 |
▲back to top |
n AITII BI A Un IVER 5 ITY
OFSCIEn CE Ano TECHn OLOGY
FACULTY OFCOMMERCE, HUMAN SCIENCE AND EDUCATION
DEPARTMENT OF ECONOMICS, ACCOUNTING AND FINANCE
QUALIFICATION: BACHELOR OF ECONOMICS HONOURS DEGREE
QUALIFICATION CODE:
08BECO
LEVEL: 8
COURSE CODE: AMI810S
COURSE NAME: ADV AN CED
MICROECONOMICS
SESSION: JUNE 2025
DURATION: 3 HOURS
PAPER: THEORY
MARKS: 100
FIRST OPPORTUNITY EXAMINATION QUESTION PAPER
EXAMINER(S) MR. PINEHAS NANGULA
MODERATOR: DR, RUTH EEGUNJOBI
INSTRUCTIONS
1. Answer ALL the questions.
2. Write clearly and neatly.
3. Number the answers clearly.
PERMISSIBLE MATERIALS
1. Scientific calculator
2. Pen and Pencil
3. Ruler
THIS QUESTION PAPER CONSISTS OF _3_ PAGES (Including this front page)
|
|
2 Page 2 |
▲back to top |
Does its location depend on the value of Py?
[5 marks]
QUESTION FOUR
(25 Mft...RKS]
a) Explain in detail three microeconomics analytical tools.
[6 marks]
b) A Toyota manufacturer is considering how to allocate a N$2.5 million advertising budget
between two types of television programs: NPL football games and MTC boxing
tournaments. The following table shows the new Toyota that are sold when a given
amount of money is spent on adve1iising during an NPL football game and a MTC boxing
tournaments. Let P be the amount of money devoted to adve1iising on NPL football
t games, the amount of money spent on adve1iising on MTC boxing tournaments, and
C(P,T) the number of new vehicles sold.
Total spent (Millions)
New sales from MTC
tournaments
New sales from NPL
football games
N$0.00
0
0
N$0.50
3
9
N$1.00
7
14
N$1.50
11
19
N$2.00
15
24
N$2.50
18
25
a) If Toyota decides to spend N$2 ~illion on advertising on MTC tournament, where must
Toyota spend their remaining N$0.5 million? Calculate marginal impact to justify your
choice.
·
[10 marks]
b) If Toyota decides to spend N$2 million on advertising on NPL tournament, where must
Toyota spend their next N$0.5 million? Calculate marginal impact to justify your choice.
[9 marks]
All the best