Arellano University

Apolinario Mabini Campus

BASIC EDUCATION
Taft Avenue corner Menlo St., Pasay City
Tel No. 524-2850
SENIOR HIGH SCHOOL DEPARTMENT

Name: ______________________________________ Subject: __Applied Economics________

Grade Level and Section: ______________________ Date of Submission: _______________
Case Study 1
“Farmers' Group Raps NFA Head on Rice Import Move”
Source: Business Section, Manila Standard, (Oct. 19, 1992)

1. What will be the effect of the importation on the local consumption of rice? Illustrate. How about
palay consumption? (10pts)

2. How does NFA intend to raise the price of palay to its targeted support price level? Illustrate.
(10pts)

3. Is the position to import rice compatible with the intention to support palay prices? (10pts)

Prepared by: Applied Economics

Ms. Nicole M. Mortel 2nd sem SY 2018-2019
 Arellano University
Apolinario Mabini Campus
BASIC EDUCATION
Taft Avenue corner Menlo St., Pasay City
Tel No. 524-2850
SENIOR HIGH SCHOOL DEPARTMENT

Name: ______________________________________ Subject: __Applied Economics________

Grade Level and Section: ______________________ Date of Submission: _______________
Case Study 2
“Uniform Cigarette Tax Rates Seen to Burden Consumers”
Source: Business Section, Philippine Star, Nov. 12, 1992

1. Is the proposed sales tax progressive or regressive? Who will be burdened most and why? (10pts)

2. Will there be a substitution between brands? Why?

Prepared by: Applied Economics

Ms. Nicole M. Mortel 2nd sem SY 2018-2019
 Arellano University
Apolinario Mabini Campus
BASIC EDUCATION
Taft Avenue corner Menlo St., Pasay City
Tel No. 524-2850
SENIOR HIGH SCHOOL DEPARTMENT

Name: ______________________________________ Subject: __Applied Economics________

Grade Level and Section: ______________________ Date of Submission: _______________
Case Study 3
“Beer Sales on Downtrend, Taxes Blamed”
Source: Jake Espino, Business Section, The Sunday Bulletin, Sept. 20, 1992

1. Is the demand for beer price elastic or inelastic? Explain and Illustrate. (10pts)

2. What factors influence this elasticity? (10pts)

3. Is specific tax a better alternative to raise tax revenue? Explain. (10pts)

Prepared by: Applied Economics

Ms. Nicole M. Mortel 2nd sem SY 2018-2019
 Arellano University
Apolinario Mabini Campus
BASIC EDUCATION
Taft Avenue corner Menlo St., Pasay City
Tel No. 524-2850
SENIOR HIGH SCHOOL DEPARTMENT

Name: ______________________________________ Subject: __Applied Economics________

Grade Level and Section: ______________________ Date of Submission: _______________
Case Study 4
“Sarao Brakes to a Full Stop”
By: Alcuin Papa
Source: Philippine Daily Inquirer, October 8, 2000

1. What do you think is the problem of SARAO? (10pts)

2. Is it still possible to revive SARAO? Justify. (10pts)

Prepared by: Applied Economics

Ms. Nicole M. Mortel 2nd sem SY 2018-2019
 Arellano University
Apolinario Mabini Campus
BASIC EDUCATION
Taft Avenue corner Menlo St., Pasay City
Tel No. 524-2850
SENIOR HIGH SCHOOL DEPARTMENT

Name: ______________________________________ Subject: __Applied Economics________

Grade Level and Section: ______________________ Date of Submission: _______________
Case Study 5:
Fight for ice cream market heats up
“Selecta Launches ‘Gold Bar’”
Source: Business Section, Manila Standard, Oct.28, 1992

1. What would be the demand-supply conditions of Magnolia and Selecta in the ice cream bar
market if the latter were successful in its new entry? (5pts)

2. What will be the demand-supply condition in the class A market with the entry of Coney Island’s
frozen delights to further heat up the race? (5pts)

Prepared by: Applied Economics

Ms. Nicole M. Mortel 2nd sem SY 2018-2019
3. Is a price war likely? Why?(5pts)

4. What would happen to Presto products assuming a price war reaches its door-steps and it has no
new product to offer? Illustrate. (5pts)

5. Will a price war promote efficient use of resources? (5pts)

Prepared by: Applied Economics

Ms. Nicole M. Mortel 2nd sem SY 2018-2019
 Arellano University
Apolinario Mabini Campus
BASIC EDUCATION
Taft Avenue corner Menlo St., Pasay City
Tel No. 524-2850
SENIOR HIGH SCHOOL DEPARTMENT

Name: ______________________________________ Subject: __Applied Economics________

Grade Level and Section: ______________________ Date of Submission: _______________
Case Study 6:

“The Mechanical Engineer Turned Abattoir Owner”

Source: Philippine Graphic, March 14, 2005, pp.25-26

1. What is the problem of Kayang Meat Shop owner, Romulo M. Gutierrez? (10pts)

2. Do you think the meat shop business falls under monopolistic market? (5pts)

3. If you were the owner of this meat shop, what strategies would you adapt to earn profits? Explain
thoroughly. (15pts)

Prepared by: Applied Economics

Ms. Nicole M. Mortel 2nd sem SY 2018-2019