exam 3 answers - 42) B 43) B 44) B 45) A 46) A 47)D 48) B...

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Exam 3 Answer Key 1) 
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A;  there was a typo in this question so we counted any answer as correct.  23) 
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Unformatted text preview: 42) B 43) B 44) B 45) A 46) A 47)D 48) B 49) D 50)B Part II. Short Answer 1. 2, 3.a. Law of Diminishing Returns S D Price Barrels of Gasoline A AD Price Y P’ P AD’ b. Malthus failed to account for technological advances (innovation). 4. 45 o AE Md Ms Md’ AE’ AE Y r M...
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This note was uploaded on 04/30/2008 for the course ECO 2302 taught by Professor Smith during the Spring '08 term at University of Texas at Dallas, Richardson.

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exam 3 answers - 42) B 43) B 44) B 45) A 46) A 47)D 48) B...

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