Test 1 - Exam 1 Econ 2106 Prof Banzhaf Fall 2006 Name The...

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Exam 1. Econ 2106 Name__________________________ Prof. Banzhaf Fall 2006 The exam has three sections worth a total of 100 points. You have 75 minutes to complete the exam. Good luck! GSU Honor Code: As members of the academic community, students are expected to recognize and uphold standards of intellectual and academic integrity. The University assumes as a basic and minimum standard of conduct in academic matters that students be honest and that they submit for credit only the products of their own efforts. Both the ideals of scholarship and the need for fairness require that all dishonest work be rejected as a basis for academic credit. They also require that students refrain from any and all forms of dishonorable or unethical conduct related to their academic work. Cheating on Examinations. Cheating on examinations involves giving or receiving unauthorized help before, during, or after an examination. Examples of unauthorized help include the use of notes, texts, or “crib sheets” during an examination (unless specifically approved by the faculty member), or sharing information with another student during an examination (unless specifically approved by the faculty member). Other examples include intentionally allowing another student to view one’s own examination and collaboration before or after an examination if such collaboration is specifically forbidden by the faculty member. Signature _____________________________
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Section 1. Multiple Choice. Write your answer in the blank. 3 points each. (42 points total). _______1. Mary buys cell-phone services from a company that charges $30 per month. For that $30 she is allowed 600 minutes of free calls and then pays 25 cents per minutes for any calls above 600 minutes. Mary has used 600 minutes this month so far. What is her marginal cost per minute of making additional calls? a.
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Test 1 - Exam 1 Econ 2106 Prof Banzhaf Fall 2006 Name The...

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