Economic theory Practical exercises Code ET-93 RIU

Compilation of case studies on the subject of "Economic theory" code (ET-93) Task 1 The opportunity cost of production of 1 ton of corn production in the US is 0.2 tonnes of wheat at a maximum wheat production of 100 million. M. For Canada, the opportunity cost of production of 1 ton of wheat is 2 tons of corn at the maximum possible production of 50 million of corn. M. How will the aggregate production possibility curve of the two states for the production of maize and wheat? Task 2 The Bank has received from the depositors 5000 den. U .. The rate of allowance is 12%. Bank pays its depositors 4% per annum. By what percentage the bank will loan the company if he intends to make a profit of $ 240 den. u? Activity 3 A public servant who receives at the end of the year after all deductions (including income tax) 25 thousand. $. a year in the new year decided to open his own shop. His start-up capital is 50 thousand. $. He expects to receive revenues of 300 thousand. $. For this project it is necessary: • at the beginning of the year to pay the rent in the amount of 40 thousand. $. the shop for the year ahead; • at the beginning of the year to perform repair work in rented premises $ 20 thousand. $; • hire three workers paying 15 thousand. $. each year, the 5 th. $. pay at the beginning of the year as an advance, and the remaining 10 thousand. $. pay at the end of the year from the proceeds; • to take the bank to cover the costs the missing sum of money for one year; • leave of public sector employees and to concentrate on business. Other expenses had not. Bank interest on deposits is equal to 8%, and on loans - 16%. Determine the value of the financial and economic profit for the year (in thousands. $.), Excluding income tax. Task 4 Accountant reporting your firm lost costs of the firm. He could recall only a few numbers. And for you to forecast your business needs and other data. Can you restore them? Make the necessary calculations and fill in the table.