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p1 fa09 makeup - /home/vdimitrov/27899/ Econ 1110 Wissink...

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//home/vdimitrov/27899/3ba703c84abe7851c3666a43245637fbb4a4750f.doc Econ 1110 - Wissink - F09 PRELIM #1 – MAKEUP EXAM J. WISSINK October 9, 2009 --------------------------------------------------------------------------------------------------------------- INSTRUCTIONS: There are two sections in this exam: Part I: 14 multiple choice questions (3 points each). o CIRCLE CORRECT ANSWER ON MULTIPLE CHOICE ANSWER SHEET. Part II: 4 problems (see problems for point scores) o ANSWER EACH PROBLEM IN A SEPARATE EXAM ANSWER BOOKLET. o MAKE SURE YOUR NAME, YOUR NET ID AND YOUR TA’s NAME ARE ON EACH BOOKLET. ANSWER ALL QUESTIONS. TOTAL POINTS = 100 TOTAL TIME = 90 minutes HINTS: Read all questions carefully. Write legibly and remember to label all graphs and axes in diagrams. RULES DURING EXAM: NO QUESTIONS CAN BE ASKED DURING THE EXAM: If you need to use the restroom, quietly bring your exam papers up to the TA proctoring and they will hold your materials while you are out at the restroom. ONLY SIMPLE HAND HELD ORDINARY CALCULATORS ARE ALLOWED AT EXAMINATIONS. No cell phones, I-Touch/Tunes devices, or similar devices with graphing and/or web browsing, text reading capabilities or "apps" are allowed at exams. NO BOOKS. NO NOTES. NO HELP SHEETS. NO TALKING TO EACH OTHER. GOOD LUCK! And have a wonderful Fall Break! 1
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//home/vdimitrov/27899/3ba703c84abe7851c3666a43245637fbb4a4750f.doc Econ 1110 - Wissink - F09 PRELIM #1 – MAKEUP EXAM MULTIPLE CHOICE ANSWERS J. WISSINK October 9, 2009 YOUR NAME: _____________________________ Your C.U. Netid: _____________ YOUR C.U. STUDENT NUMBER: ____________________________ Check YOUR TA’s NAME : ____Romita (Tuesdays pm) ____Xinli (Thursdays am to pm) ____Roland (Wednesdays am) ____Freeha (Fridays am) ____Wei (Wednesdays am) CIRCLE THE BEST ANSWER FOR EACH QUESTION d e 14 a b c d e 13 a b c d e 12 a b c d e 11 a b c d e 10 a b c d e 9 a b c d e 8 a b c d e 7 a b c d e 6 a b c d e 5 a b c d e 4 a b c d e 3 a b c d e 2 a b c d e 1 a b c 2
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//home/vdimitrov/27899/3ba703c84abe7851c3666a43245637fbb4a4750f.doc Part I: Multiple Choice: Circle the best answer on ANSWER SHEET PROVIDED. Do them ALL. 1 . Based on the numbers in the table, which one of the following statements is true? Labor hours required to make one unit Car Tires Chicken Feet (in pounds) China 5 hrs 2 hrs U.S. 20 hrs 4 hrs A. China has the comparative advantage in chicken feet. B. China has the comparative advantage in both tires and chicken feet. C. The U.S. has the comparative advantage in chicken feet. D. The U.S. has the absolute advantage in chicken feet. E. The U.S. has a comparative disadvantage in everything relative to China. 2
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p1 fa09 makeup - /home/vdimitrov/27899/ Econ 1110 Wissink...

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