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Exam2_20080408_sol

Exam2_20080408_sol - 1 Massachusetts Institute of...

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1 Massachusetts Institute of Technology Department of Economics 14.01 Principles of Microeconomics Midterm Exam #2 Tuesday April 8th, 2008 Last Name (Please print): ______________ First Name: __________________ MIT ID Number: __________________ Instructions. Please read carefully. The exam has a total of 100 points. You have 2 hours. Answers should be as concise as possible. This is a closed book exam. You are not allowed to use notes, equation sheets, books or any other aids. You are not allowed to use calculators. You must write your answers in the space provided between questions. DO NOT attach additional sheets of paper. This exam consists of 22 sheets (18 pages + 4 blank pages for scratch work). Please write your name on the blank pages if you use them. Please circle the section or recitation which you are attending below. The marked exam will be returned to you in the section or recitation that you indicate. R01: F10 (Jeanne LaFortune) R02: F11 (Jeanne LaFortune) R03: F12 (Monica Martinez-Bravo) R04: F1 (Jeanne LaFortune) R05: F1 (Monica Martinez-Bravo) R06: F2 (Monica Martinez-Bravo) S01: MWF9 (Brandon Lehr) S02: MWF10 (Brandon Lehr) S03: MWF10 (David Walton Brown) S05: MWF11 (David Walton Brown) S06: MWF12 (Roger Ke) S07: MWF2 (HeiWai Tang) S09: MWF3 (HeiWai Tang) DO NOT WRITE IN THE AREA BELOW: Question 1 __ /20 Question 2 __ /30 Question 3 __ /25 Question 4 __ /25 Total __ /100
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