L21X monopoly jpw-1

L21X monopoly jpw-1 - End of Perfect Competition and on to...

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microL21-F09-1 http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ End of Perfect Competition and on to Monopoly Lecture 21 Jennifer P. Wissink ©2009 John M. Abowd and Jennifer P. Wissink, all rights reserved. November 10, 2009
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microL21-F09-2 http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ Announcements for MICRO MyEconLab Quiz#10 has been posted, check it out. Reminders… » Magic number of MEL QUIZ points is 400, if you get that you get a 100% on the TA-grade part of the grading rubric. » Homework points in MEL do not count towards this. » Only the higher number of points counts if you take MEL Quizzes more than once. » If you get LESS than 400 MEL Quiz points at the end of the semester then your minimum TA-grade is (#points/400)*100. TAs are then at liberty to increase this to a max of 100 if they know something about you that shows effort that can substitute for missing MEL Quiz points. PRELIM 2 UPDATE: Memo will be posted on BlackBoard as soon as all the grading is completed. Exams and answers are already posted, check it out. Prelim 1 Regrades are done: stop by after class or during office hours to get your papers back.
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microL21-F09-3 http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ Long Run Market Supply in A Perfectly Competitive Market Q* P**=P* SRS w/N* Dold Q A Dnew P’ B Q’ SRSw/N** C Q** LRS LRS The long run supply
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