Problem Set #2

Problem Set #2 - ECON 1001 C/D/E/F/G/H/I- INTRODUCTION TO...

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Unformatted text preview: ECON 1001 C/D/E/F/G/H/I- INTRODUCTION TO ECONOMICS I DR. DEMURGER, DR. LO AND DR. WAN PROBLEM SET #2 HARDCOPY SUBMISSION DEADLINE: 4PM, MONDAY, NOV 03, 2008 Instructions: This problem set consists of four essay-type questions. Note that we only take submission of problem sets in hardcopy. Answer all the questions on regular A4 paper(s) and clearly write down your full name, university number and sub-class. Marks will be deducted this time if you fail to write any of them! Please submit your completed problem set by dropping it off into Clifford’s or Jennifer’s mailboxes, which are located on 9/F of K.K. Leung Building before the deadline. Direction: when you reach 9/F by elevator, simply make a left turn and you will see their mailboxes on your left. All the instructors will not take submission in class. If you have any questions regarding this problem set, please contact Clifford on [email protected] or Jennifer on [email protected] QUESTION 1 Ann is a young freelance pulp fiction writer. She has invested $500 in a second hand typewriter. She can also work at a tutor center and earn $1500 per hour. She works 8 hours a day, and she can allocate her time in whatever way she wants writing fiction or tutoring. She enjoys writing fictions and tutoring equally well. Use the information below to answer the following questions, assuming that...
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This note was uploaded on 04/18/2011 for the course ECON 1001 taught by Professor S.c during the Spring '10 term at HKU.

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Problem Set #2 - ECON 1001 C/D/E/F/G/H/I- INTRODUCTION TO...

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