ECF 5927 Managerial Economics
Problem set - 9
Instructions:
•
Due by Tuesday, 9 am, Week 11.
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Electronic Submission (via Moodle) only.
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Common file types (word, pdf or image) must be uploaded on Moodle by the specified
time.
Marking Policy:
1.
Participation component:
•
All 10 sets (including this one) shall be considered for the “participation mark.”
•
If your submitted work is less than 25% of the overall work in a given set, you will not
receive any mark for that set.
•
If your submitted work is above 25% but less than 75% of the overall work, you will
receive partial credit for that set.
•
Incomplete work or insincere attempts (which includes simply restating the question or
its parts) will not be considered as a valid attempt.
2.
Detailed Marking of your responses
•
Out of 10 submitted sets, five sets will be randomly selected for detailed marking. Tutors
will evaluate your work and compare with correct (expected) responses.
•
The mark on these five randomly selected sets will determine 5% of the overall grade.
3.
Distribution of Marks
The total marks for a set are scaled to 1. Each question is worth 1 mark each.
Each subpart in each question carries equal weight.

ECF 5927 Managerial Economics
Problem set
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9