Why the Price of Filling Up Has Been Going Down
February 5, 2015
Supply and Demand Article
This article talks about how gas prices have fallen and been low consistently in the
U.S. After the summer driving season,
Econ Exam 2 Review
1. Consumer surplus arises in a market because
A. The market place is below what some consumers are willing to pay for the product
B. At the current market price, quantity supplied is greater than quality demanded
C. The market price is
ECON 1030: MICROECONOMICS EXAM 1 STUDY GUIDE
1. Joe sold gold coins for $1,000 that he bought a year ago for $1,000. He says, At least I
didnt lose any money on my financial investment. His economist friend points out that
in effect he did lose money beca
Scarcity: A condition that results from the inability of limited resources to satisfy unlimited
Opportunity cost: The value of the next-best forgone alternative; the value of the opportunity
you gave up when you chose one activity over
Econ 1030 1/13/17
Marginal Cost: The change in total cost given an increase in quantity
Marginal Benefit: The change in total benefit given an increase in quantity
- Urinal cake Broken Window Fallacy
How much effort needed to make a good decision?
CASH FLOW for INVESTING &
JC Penney CF chart
Financing: Payment on long term debt
is the primary cash outflow from 2011
In 2013, held $3188 million to cover
2700 million expenses
1. Use the Keynesian cross model to predict the impact on equilibrium GDP of the following. In each
case, state the direction of the change and give a formula for the size of the impact.
a. An increase in government purchases. An even greater INCREASE in
a) Show all your work in order to get full credit.
b) Answer in the spaces provided.
c) Make sure you write your full name before submitting your script.
d) This Midterm Exam is worth 150 points.
4 x +8 x 12 x
18. Consider the function f (x) = (x - 3)2 + 1. Write the parent/basic function and
describe the sequence of transformations needed to obtain the function f from its
19. Use Remainder theorem to determine whether 2 is a zero of
Running head: Effects of the theory of consumer choice
Effects of the theory of consumer choice
Effects of the theory of consumer choice
Consumer choice is determined by the consumer theory which is the stud
ECON 1030: Principles of Microeconomics
Spring Semester, 2017
Section 100: Lectures 9:40-10:35 M, W, F in Bentley Hall 240
Section 101: Lectures 10:45-11:40 M, W, F in Bentley Hall 240
Instructor: Dr. McDonald
Office Hours: 2-3pm every Monday, Wednesday,
LECTURE 5 NOTES
Phase 1 (or Stage 1) of the Demographic Transition was originally the hunter-gatherer stage of humanity.
Generally high death rates and high birth rates, but many babies die
In Phase 2, the death rate declines but the birth rate, while it
You see the cultural core area of the South in black in the Chesapeake Bay - originally
around Jamestown, Virginia. You see that region III-a along the coast, the Early
British Colonial South, was primarily influenced by England and Africa (due to the
Lecture 7 Notes
Sometimes the migration is forced migration due to such things as military
conquests and wars (like in Syria right now), expulsion of people, capturing people
for slavery, famines
It helps to think about the time scale of migration this wa
LECTURE 2 NOTES
The circumference of the earth is roughly 25,000 miles and would take 25 days if driving a 1000 miles a
day to cross
The diameter is roughly 8000 miles
Antipode is the point on the earth exactly opposite of the other side of the earth
LECTURE 3 NOTES
Geography is such a broad field that geographers tend to be generalists.
5 themes of geography focus on location, place, human-environment interaction, movement and regions
Location mainly means how you find a place, such as using latitude
LECTURE 12 NOTES
1817 industrial revolution started in textile mills in Manchester with a large male population
Stages in the formation of coal:
-Peat (compressed peat moss)
-Lignite aka "brown coal"
-Bituminous usually strip mined
-Anthracite - deep unde
English IV: 3
7 May 2012
Youve finally made it to graduation, the perfect ceremony to bring closure to the past 13
years of your education. A joyous day no doubt, but you cringe at the thought of having to jump
right back in.
The Student Center for the Public Trust Speech Critique
Public Speaking Final
Student Center for the Public Trust Speech Critique
December 9, 2015
The Student Center for the Public Trust Speech Critiqu
Men of Courage 7/8
15 October 2011
Some Questions about Men and Women
1. How are male friends different from female friends?
Male friends are more relaxed and balance each other out. Male friends are more independent
and dont like
White Paper Guidance
What is a white paper?
An authoritative report or guide
Informs readers in a concise manner about a
Presents the writhers philosophy on the topic.
Helps readers understand an issue, solve a
problem, or make a decisio
The topic selected for this paper is employment background checks. I have chosen this
topic because I am very interested in the regulations regarding the selection and onboarding
processes; specifically conducting background checks. T
1 out of 1 points
Which of the following is not a determinant of the long-run level of real GDP?
the price le
1 out of 1 points
Stagflation exists when prices
rise and unemploymen
ECON1040/101 - HOMEWORK 3
Due on Monday 03/21/2016
NAME: Kristen Gordon
1. Why is frictional unemployment inevitable?
Frictional unemployment is inevitable in the changing economy when those who are laid off
believe that they are overqualified for potenti
1. How would the drug be distributed under a pure market economy?
Libertarian dream world.
Under a pure market economy, private firms and individual companies
would be in charge of distributing the drug. There would be no planned