Ch 1 Self Quiz
Question 1
1 out of 1 points
Inflation refers to:
Answer
Selected Answer:
an increase in the general price level.
Correct Answer:
an increase in the general price level.
Response
Feedback:
Correct. Inflation is an increase in the general pr
Ch 3 Self-Quiz
Question 1
0 out of 1 points
According to the
law of demand, if
the price falls,
then:
Answer
Selected Answer:
[None Given]
Correct Answer:
the quantity demanded will rise.
Response
Feedback:
Incorrect. The law of demand indicates that the
Ch 5 Self-Quiz
Question 1
1 out of 1 points
Sally considers a
cell phone a
luxury while
Adam considers a
cell phone a
necessity. In
comparing the
elasticity of
demand for cell
phones for Sally
and Adam, we
would expect:
Answer
Selected Answer:
Sally's dem
Ch 8 Self-Quiz
Question 1
0 out of 1 points
Price controls
exist despite the
analysis of
economists
because:
Answer
Selected
Answer:
Correct
Answer:
[None Given]
the public typically does not connect the negative outcomes of a price
ceiling directly to th
Ch1.1:
BasicMathematicalModels;DirectionFields
Differential equations are equations containing derivatives.
Derivatives describe rates of change.
The following are examples of physical phenomena
involving rates of change:
Motion of fluids
Motion of mechan
Curl and Divergence
Curl
Let
be a vector field on and assume the partial derivatives of , and all
exist.
Let
(the del operator)
The curl of the vector field is
i
j k
R Q , P R ,Q P
curl F = F =
y
z
z
x
x
y
x y z
P Q R
Example 1:
Let F( x, y, z ) xyz, x 2
Econ 1e Problem Set 3
April 11, 2013 Due April 16th 2013 8AM on BB
1. Consider a market demand curve for sandwiches (per day) of the form: QD= 400
50P
a. Graph this demand curve.
b. What price could sellers charge to sell exactly 200 sandwiches per day?
Ch 4 Self-Quiz
Question 1
0 out of 1 points
Refer to the
following diagram
with four panels.
A change in
supply or demand
is shown by a
dashed line.
Which panel
shows an increase
in the equilibrium
price but a
decrease in the
equilibrium
quantity?
Answer
Ch 2 Self-Quiz
Question 1
1 out of 1 points
Because the
knowledge of each
individual brain is
limited,
specialization
leads to:
Answer
Selected Answer:
higher labor productivity.
Correct Answer:
higher labor productivity.
Response
Feedback:
Correct: Speci
Econ 1e Spring 2013
Assignment 1 Due Thursday April 4th
Feel free to work in groups but each person should have their own work for me
to check.
SUBMIT THIS ASSIGNMENT ON BLACKBOARD BEFORE CLASS ON
THURSDAY
1. Reading assignment see The Good Cook article a
Econ 1e Problem Set 4
Due April 23rd 2013 8AM on BB
For questions 1-3, show me on the following graphs what happens to price and quantity as a result of the
change and write down what happens to equilibrium price and quantity. It may help to use MS Word t
Econ 1e Spring 2013
Assignment 7 Due
Thursday May 16th 8AM
Feel free to work in groups but each person should have their own work
for me to check.
SUBMIT THIS ASSIGNMENT ON BLACKBOARD BEFORE CLASS
A farmer grazes cows on Bureau of Land Management (BLM) la
Econ 1e Spring 2013
Assignment 8 Due
Thursday May 23
Feel free to work in groups but each person should have their own work
for me to check.
SUBMIT THIS ASSIGNMENT ON BLACKBOARD BEFORE CLASS
1) What dictates the shape of the average cost curve
The shape o
Econ 1e Spring 2013 Assignment 10 Due WEDNESDAY JUNE 5th
Feel free to work in groups but each person should have their own work
for me to check.
SUBMIT THIS ASSIGNMENT ON BLACKBOARD by WEDNESDAY 10
AM so I can grade it
1.
The Ordway Theater in St. Paul is
Econ 1e Spring 2013
Assignment 6 Due Thursday May 2nd 8AM
Feel free to work in groups but each person should have their own work for me to
check.
SUBMIT THIS ASSIGNMENT ON BLACKBOARD BEFORE CLASS
1)
I said towards the end of class that the effects of a ta
ECON 1E SPRING 2013
PS #5
DAMIAN PARK
DUE ON BB TUESDAY APRIL 30 8AM
TH
1.
When the price of Ford pickup trucks rises from $18,000 to
$19,000, the quantity of Chevy trucks demanded increases
from 112,000 to 144,000. What is the cross price elasticity of
d
Ch 6 Self-Quiz
Question 1
0 out of 1 points
Figure 6.1
Refer to Figure
6.1. A tax of $5
causes the price
paid by buyers to
be equal to:
Answer
Selected Answer:
[None Given]
Correct Answer:
$15.
Response
Feedback:
Incorrect. The $5 tax will cause a tax wed
Econ 1e Spring 2013
Assignment 2 Due Tuesday April 9th 8AM
Feel free to work in groups but each person should have their own work for me to check.
SUBMIT THIS ASSIGNMENT ON BLACKBOARD BEFORE CLASS
For drawing graphs, I would either use a program you like
Week-1 Into to Money and Banking
and Basic Overview of U.S.
Financial System
Money and Banking Econ 311
Instructor: Thomas L. Thomas
Financial Markets
o Financial markets transfer funds from people
who have excess available funds to people
who have a shor