Economics 204
Homework 3: Consumer Theory
1
Risk versus Return is an old adage on Wall Street. If higher expected returns are a
good and greater risk of loss is a bad, what does a typical investors risk-return
indifference map look like?
2
Jane has a week
Review Notes for Chapter 5
1.
Optimal decision making by anyone
Engage in an activity up to the point where the marginal benefit= marginal cost
Sunk costs are costs which must be borne regardless of future actions
These should not affect decisions.
Opport
Economics 204
Problem Set 8: Equilibirum
1. The town of Whoovile wants to increase the amount of affordable housing in town.
Assume that housing is a perfectly competitive industry in Whooville, and that firms
have increasing marginal costs. The mayoral c
Leverage Problem Solutions
1. a. DOL = (Sales - Variable costs)/EBIT
= ($5,000,000 - $1,000,000)/$2,000,000
= 2.0 For every 1 percent change in sales, there will be a 2 percent change in EBIT.
DFL = EBIT/(EBIT - I [ Dp/(1 T)])
= $2,000,000/($2,000,000 - $
Homework 5
1
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Chapter 5/6
1. Martha and Sar
Name: K=% ID:
QUIZ 6
ECNS 204: Microeconomics
Instructions: Choose the one alternative that best completes the statement or answers the question.
1. Suppose the toothpaste industry is a constant cost perfectly competitive industry, with the following indu
Homework 8
1
Due Thursday, December 3rd
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Ch
Homework 2 Key
1
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Chapter 2
1. True or Fals
Homework 1 KEY
1
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
1. Proctor and Gamble wil
Homework 8
1
Due Thursday, December 3rd
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Ch
Homework 7
1
Due Thursday, 12 Nov
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Chapter
Homework 6
1
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Chapter 7
1. Moose-nose pies
Homework 3 Key
1
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Chapter 3
1. In each of t
Homework 6
1
Due Tuesday, 3 Nov
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
1. The mar
User name: Gary Farmar Book: Contemporary Financial Management, 13th Edition Page: 699. No part of any book may be reproduced or transmitted by any means without the
publisher's prior permission. Use (other than qualified fair use) in violation of the law
8 Hans I. Morgenthau
political world. American foreign policy in that period presents itself as a
slow, painful, and incomplete process of emancipation from deeply in
grained error, and of rediscovery of long-forgotten truths.
1-1-34-
FORGET AND REMEMBER!
Homework 5 Key
1
Due Thursday, 22 Oct
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
1. M
Homework 4
1
Due Thursday, 26 Sept
Instructions: Homework must be written up individually, though you are allowed to work with
your fellow students. Use math, graphs, or words to support your answers. Please write legibly and
staple your homework.
Chapter
Name: ID:
QUIZ 1
ECNS 204: Microeconomics
Instructions: Keep your eyes on your own quiz and completely answer each question.
1. Suppose the demand curve for a good is given by the equation Q = 600 BF and the supply curve is given by the
equation Q = 6P -1
Schools and lives in economics after Smith
1. Classical School: Smith 1723-90, Malthus 1766-1834, Ricardo 1772-1823, J.S. Mill
1806-1873, Marx 1818-1883
also: Bentham 1748-1832, Say 1767-1832; George 1839-1897
2. Neoclassical precursors: a. England: Nassa
Quiz 3
Dutkowsky
ECNS 204 Online
Name: cfw_Wier Hlmjlii'mllb
Directions: A scanned and completed quiz is due by midnight on Thursday of Week 3 via D2L
Assignments. Please scan and download this as one signal document.
You may use notes, books, videos, ofc
Quiz 2
Dutkowsky
ECNS 204 Online
Assignments. Please scan and download this as one signal document.
You may use notes, books, videos, ofce hours and peers to complete this.
Read all sections directions carefully and use the Wedge Method for all solutions.
Quiz 5 _ 60 pts
Dutkowsky
ECNS 204 Oniine
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Name:
Directions: A scanned and completed quiz is due by midnight on Thursday via DZL
Assignment. Please scan and download this as one signal document.
You may use notes, books, videos, ofce hours and
Quiz 4 _ 78 pts
Dutkowsky
ECNS 204 Online
let us act/h
f
Name:
Directions: A scanned and completed quiz is due by midnight on Thursday via D2L Dropbox.
Please scan and download this as one signal document.
You may use notes, books, videos, ofce hours and
Quiz 1
Dutkowsky
ECNS 204 Online
Name: T3156? Ewe/PMS 3g (kWh
Directions: A scanned and completed quiz is due by midnight on Friday of Week 1 via D2L
Assignment. Please scan and download this as one signal document.
You may use notes, books, videos; offic
Economics 204
Intro to Microeconomic Theory
Final Exam
Version B
April. 30, 2014
Name:
Student ID Number:
INSTRUCTIONS
1. Do not open the exam. or look inside until you are told. I want to make sure that everyone is
on an even footing with regards to ti
Economics 204
Intro to Microeconomic Theory
Midterm Exam
Version A
Mar 5, 2015
Name:
Student ID Number:
INSTRUCTIONS
1. Do not open the exam or look inside until you are told. I want to make sure that
everyone is on an even footing with regards to time.
2