3/1/2020 Module 8 - Graded Quiz: Chapters 33 & 34: ECON 210 Microeconomics - Jan 2020 - Online 1/16 Due Mar 8 at 8:59pm Points 100 Questions 25 Time Limit 60 Minutes Allowed Attempts 2 Instructions Attempt History Attempt Time Score LATEST Attempt 1 54 minutes 92 out of 100 Module 8 Chapters 33 & 34 Graded Quiz Before the end of the module week, take the module quiz. The purpose of the quiz is to assess your mastery of the knowledge and skills presented in your assigned textbook readings. To prepare for the graded quiz, take the Module 8 - Practice Quiz: Chapters 33 & 34. Time Limit: The quiz contains 25 multiple choice questions, and you have 60 minutes to complete it. At the end of the time limit, the quiz will close and be automatically submitted for grading. You will get a notification pop-up approximately 10 seconds before time expires. If you leave the quiz for any reason, the timer will continue, and the quiz will automatically submit when the time is up. If you lose your Internet connection, you may reconnect and return to the quiz where you left off as long as time has not expired. If you encounter technical difficulties, please contact your instructor. Grading: Your quiz will be automatically graded so you will see scores right away. You will not be able to see your answers. Attempts: You may take the quiz twice, and the highest score becomes your final score. Take the Quiz Again
3/1/2020 Module 8 - Graded Quiz: Chapters 33 & 34: ECON 210 Microeconomics - Jan 2020 - Online 2/16 Correct answers are hidden. Score for this attempt: 92 out of 100 Submitted Mar 1 at 6:32pm This attempt took 54 minutes. 4 / 4 pts Question 1 Exhibit 33-6 Refer to Exhibit 33-6. The opportunity cost of 1 unit of cheese in terms of units of wine is __________ for country B. 10 15 1 5 4 / 4 pts Question 2
3/1/2020 Module 8 - Graded Quiz: Chapters 33 & 34: ECON 210 Microeconomics - Jan 2020 - Online 3/16 The sale of goods abroad at a price below their cost and below the price charged in the domestic market is called priming. invading. coping. dumping. 4 / 4 pts Question 3 Producers' surplus is the difference between the price a buyer pays for a good and the highest price he would have paid for the good. equal to the seller's minimum price and the buyer's maximum price. equal to price times quantity sold. the difference between the price a seller receives for a good and the minimum price for which he would have sold the good. the difference between the price a seller receives for a good and the price a buyer pays for the good.
3/1/2020 Module 8 - Graded Quiz: Chapters 33 & 34: ECON 210 Microeconomics - Jan 2020 - Online 4/16 4 / 4 pts Question 4 Exhibit 33-4 Country 1 Country 2 Good A Good B Good A Good B 250 0 75 0 200 10 60
You've reached the end of your free preview.
Want to read all 16 pages?
- Fall '11
- Foreign exchange market, United States dollar