summer 05 midterm 2

summer 05 midterm 2 - Professor M Rush ECO 2023 SUMMER 2005...

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Professor: M. Rush ECO 2023 SUMMER 2005 MIDTERM 2 Read all instructions on this page! Please enter on the answer sheet: 1. Your name and initials 2. Your UF ID number 3. Special Code: 21 4. Test code: A 5. Sign your name on the back of the bubble sheet. 6. Read all instructions on this page!!!!!! DO IT NOW, NOT LATER!!!!! This test is intended to have 35 questions. Please check to be sure your copy has all 35. THE LAST PAGE MAY HAVE A QUESTION ON IT; DO NOT MISS ANSWERING IT!!! Be sure to answer all the questions with the best answer. The next is very important: Unless you are specifically told otherwise, on this test do not assume that demand or supply is either perfectly elastic or perfectly inelastic. Do not ask questions of me or the TA’s; in the interest of fairness I have instructed them not to answer any questions during the exam. TURN OFF ALL CELL PHONES AND OTHER COMMUNICATION DEVICES An answer key will be posted outside Matherly 111 after the test ends and on the web either later this evening or tomorrow. The curved test scores should be posted on the web later this week Check that your special code, test code, and UF ID number are bubbled-in correctly now. (HINT: Check that the special code and test code are correct now. As I said on the last exam, I heard rumors that the ability to correctly record the test code has been mastered by a few students at FSU. I am still checking this out. But in the meanwhile a friend told me that accounting majors have been known to be able to record this letter, often correctly. Plus, I have heard of one journalism major who could get the special code right at least 30% of the time! While I doubt this last rumor, because the special code involves numbers, which means it is close to being math, nonetheless I think that the skill of correctly bubbling in the test code is not too difficult to acquire.) CHECK YOUR TEST CODE AND UF ID NUMBER. IF YOU GET EITHER OF THESE WRONG, YOU MAY LOSE 5 POINTS!!!! After the scores are posted, if you think your posted score is incorrect, email the grader at the email address on the web page. You have one week after the curved score is posted to request a grade check. If the web reports what you bubbled in for each question and you ask the grader to check an answer because you believe you bubbled in something other that what is reported, if the reported answer on the web is correct, you will lose 1 additional question.
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ECO 2023 MIDTERM 2 SUMMER 2005 2 1) The players in a one-time game often do not act in their joint interest because of which of the following? A) They do not realize the benefit of cooperation. B) Players strive to minimize their opponents’ profits. C)
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summer 05 midterm 2 - Professor M Rush ECO 2023 SUMMER 2005...

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