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Project AF1 Elasticity 18

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Subject : Livestock Production Economic, Class S Venue : Thursday, 17 May 2018

Type : Take Home

Lecturer : HARI DWI UTAMI,.IR. MS., MAppl.Sc. Ph.D.

I. Broiler price was IDR 30,000 per Kg Live Weight and its consumption at Malang City

about 100 Kw daily. When, broiler price increase to IDR 40,000, the demand decrease into

70 Kw per day. Questions:

1.1.Count broiler Demand Elasticity in Malang city!!

1.2.What is the broiler demand elasticity type?

1.3. Please interprete this broiler demand elasticity coefficient!!

II.Regarding rural areas, the rising broiler price resulted on reducing salty fish demand, from

120 Kg into 80 Kg per day . Questions:

1.4.Calculate cross elasticity between meat chicken and Salty fish?

1.5. What is the cross elasticity type?

1.6. Please interprete this cross elasticity coefficient!!

III. In Malang city center, an increse of broiler price has effected on the increase beef

demand, from 60 Kw into 90 Kg daily. Questions:

1.7.Calculate cross elasticity between meat chicken and beef?

1.8. What is the cross elasticity type?

1.9. Please interprete this cross elasticity coefficient!!

IV. It was predicted that during the fasting month, society income may increase from IDR

10 million to IDR 15 million. So, the meat demand do incline from 10 Kw to 12 Kw

daily. Questions:

1.10. Calculate Income Elasticity in Malang city!!

1.11. What is the Income elasticity type?

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V.When the broiler live weight price was IDR 3,000, then farmer produced 100 Kw daily. It

was expected that its price will increase on Idhul Fitri into IDR 40,000, its supply is going

up into 200 Kw per day. Questions:

1.13. Count broiler Supply Elasticity in Malang city!!

1.14. What is the broiler Supply elasticity type?

1.15. Please interprete this broiler Supply elasticity coefficient!!

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