Ex3Lec1

Ex3Lec1 - Clicker Check-in Survey Do you own an Ipod? 80%...

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Unformatted text preview: Clicker Check-in Survey Do you own an Ipod? 80% 1. Yes 2. No o N Ye s 20% A demander with Buyer Value $50 buys an object from a supplier with Seller Cost $20. The sum of the buyer’s and the seller’s profit 100% 1. is larger, the greater the price 2. Is the same at all prices between $20 and $50. 3. Is larger, the smaller the price. 4. None of the above. e. ab ov le r ne of th e sm al , th e at al l e am ... pr ic .. ... te r gr ea r, th e 0% 0% 0% ...
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This note was uploaded on 12/25/2011 for the course ECON 1 taught by Professor Bergstrom during the Fall '07 term at UCSB.

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Ex3Lec1 - Clicker Check-in Survey Do you own an Ipod? 80%...

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