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Econ_342_Exam_2_Take_Home - Econ 342 Exam 2 Take Home...

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Econ 342 Exam 2 Take Home McLeod Due in class Friday March 27. Name (please print or  type)_____________________________________ Instructions: Please Read Carefully Please print out this form.  There should be five separate sheets of paper.  Please answer  each question completely.  After you have written your answers, please staple the five  sheets together at the top left-hand corner.    The first sheet is intended only as a cover sheet. Do not write anything on the first sheet except your name. There are 30 possible points on this part of the exam assignment.  You may work  together, but you MUST WRITE UP YOUR OWN WORK and TURN IT IN, IN PERSON, IN  CLASS on Friday, March 27. PLEASE STAPLE YOUR EXAM!!
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Econ 342                                             Exam 2 (Take Home—30 total points)  McLeod 1.  (14 total points) Suppose there are 5 firms located equidistantly around a circle whose  circumference is equal to 1.  There are 600 consumers distributed uniformly around the circle. 
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