QUIZ2 - No long full sentences are required for this quiz....

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Econ 301: Intermediate Microeconomic Theory NAME: Korinna K. Hansen Quiz 2 Use graphs to solve the problems below. Be brief, but clear and neat. You can use the back of this page as scrap. We will not look at the back when grading this quiz, so you should present your complete answer by the question. Make sure that you label all your axes and curves . You can use arrows to denote increases, shifts etc.
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Unformatted text preview: No long full sentences are required for this quiz. (5 points) 1. Graph and explain the optimal choice for a consumer who is considering the purchase of a regular good and a neutral good. (5 points) 2. Graph and explain the optimal choice for a consumer who is considering the purchase of a regular good and a bad....
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This note was uploaded on 08/08/2008 for the course ECON 301 taught by Professor Hansen during the Spring '08 term at Wisconsin.

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