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ECON 302 - INMD MICROEC ANLY - Penn State Study Resources
  • 11 Pages Exam 1 Version B Answer Key
    Exam 1 Version B Answer Key

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Exam 1 McLeod NAME _ PSU ID # _ PLEASE ANSWER ALL QUESTIONS IN THE SPACE PROVIDED. 1. (24 total points) Suppose there are two consumers, A and B, and two goods, X and Y. Consumer A is given an initial endowment of 1 units of good X and 5 units of

  • 6 Pages Homework_2_Answer_Key
    Homework_2_Answer_Key

    School: Penn State

    Course: Micro

    Econ 302 Homework #2 McLeod Due in class Wednesday, February 19th. Name _ ID # _ Instructions: Please Read Carefully Please print out this assignment and answer each question on the page provided. If you need extra space, you may use the back of the sheet

  • 5 Pages Homework #2 Answer Key
    Homework #2 Answer Key

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 WC Homework 2 Answer Key 1. (20 points) Suppose a consumer views two goods, X and Y, as perfect complements. Her utility function is given by U = MIN [X, 2Y]. Sketch the graph of the consumers indifference curve that goes through the bundle X = 6

  • 7 Pages Homework_1_Answer_Key
    Homework_1_Answer_Key

    School: Penn State

    Course: Micro

    Econ 302 Homework #1 McLeod Due in class Wednesday, January 29th. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. After you have written your answers, please staple the seven sheets together at the top left-hand corner. The f

  • 7 Pages Homework_1_Answer_Key
    Homework_1_Answer_Key

    School: Penn State

    Econ 302 Homework #1 McLeod Due in class Wednesday, September 11th. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be seven separate sheets of paper. After you have written your answers, please staple the seven

  • 11 Pages Exam 1 Version A Answer Key copy
    Exam 1 Version A Answer Key copy

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Exam 1 McLeod NAME _ PSU ID # _ PLEASE ANSWER ALL QUESTIONS IN THE SPACE PROVIDED. 1. (24 total points) Suppose there are two consumers, A and B, and two goods, X and Y. Consumer A is given an initial endowment of 3 units of good X and 5 units of

  • 5 Pages Answer_Key_Homework_2
    Answer_Key_Homework_2

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Homework #2 McLeod Due in class Monday, February 8. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be five separate sheets of paper (including the cover sheet). After you have written your answers, plea

  • 3 Pages 302HW1
    302HW1

    School: Penn State

    Course: INMD MICROEC ANLY

    1. (20 total points) Suppose the demand for a product is given b y QD = 2 000 - 25P. a) (10 points) Calculate the Price Elasticity o f Demand when the price is $30 . . 16p =20QV - 0,> c-. - p-:;:t?JO .-1:- (~(J 7: =- - Yz'5 ~?o) 7: -:. -l~(%S1 Qp ~ JOIn

  • 5 Pages Econ302HW3
    Econ302HW3

    School: Penn State

    Econ 302 Homework 3 Read these instructions carefully! Carefully answer each of the questions below You can write or type your answers for the questions Please put your name and PSU ID number at the top of the 1st page You may use as many sheets of paper

  • 4 Pages Answer_Key_Homework_3
    Answer_Key_Homework_3

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Homework #3 McLeod Due in class Monday, March 1st. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be four separate sheets of paper (including the cover sheet). After you have written your answers, pleas

  • 11 Pages Exam 1 Version C Answer Key
    Exam 1 Version C Answer Key

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Exam 1 McLeod NAME _ PSU ID # _ PLEASE ANSWER ALL QUESTIONS IN THE SPACE PROVIDED. 1. (24 total points) Suppose there are two consumers, A and B, and two goods, X and Y. Consumer A is given an initial endowment of 6 units of good X and 1 unit of

  • 1 Page 8429533
    8429533

    School: Penn State

    Suppose a consumer has preferences represented by the utility function U(X,Y) = MIN[X,3Y]. Suppose PX = 1 and PY = 2. Draw the Income Consumption Curve for this consumer for income values M = 100, M = 200, and M = 300. Your graph should accurately draw th

  • 6 Pages Homework_2_Answer_Key
    Homework_2_Answer_Key

    School: Penn State

    Course: INTERMEDIATE MICROECONOMIC ANALYSIS

    Econ 302 Homework #2 McLeod Due in class Wednesday, September 26th. Name _ ID # _ Instructions: Please Read Carefully Please print out this assignment and answer each question on the page provided. If you need extra space, you may use the back of the shee

  • 4 Pages Homework_3
    Homework_3

    School: Penn State

    Course: INTERMEDIATE MICROECONOMIC ANALYSIS

    Econ 302 Homework #3 McLeod Due in class Wednesday October 24th. Name: YOO, JONGJAE ID #: 918922528 Instructions: Please Read Carefully Please print out this form. There should be four separate sheets of paper (including the cover sheet). After you have w

  • 6 Pages Homework_2
    Homework_2

    School: Penn State

    Course: INTERMEDIATE MICROECONOMIC ANALYSIS

    Econ 302 Homework #2 McLeod Due in class Wednesday, September 26th. Name : YOO, JONGJAE ID #: 918922528 (JQY5174) Instructions: Please Read Carefully Please print out this assignment and answer each question on the page provided. If you need extra space,

  • 7 Pages Homework
    Homework

    School: Penn State

    Course: INTERMEDIATE MICROECONOMIC ANALYSIS

    Econ 302 Homework #1 McLeod Due in class Wednesday, September 12th. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be seven separate sheets of paper. After you have written your answers, please staple the seven

  • 7 Pages Homework_1_Answer_Key
    Homework_1_Answer_Key

    School: Penn State

    Course: INTERMEDIATE MICROECONOMIC ANALYSIS

    Econ 302 Homework #1 McLeod Due in class Wednesday, September 12th. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be seven separate sheets of paper. After you have written your answers, please staple the seven

  • 6 Pages Answer_Key_Homework_6
    Answer_Key_Homework_6

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Homework #6 McLeod Due in class Friday, April 30th. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be six separate sheets of paper (including the cover sheet). After you have written your answers, pleas

  • 4 Pages Answer_Key_Homework_5
    Answer_Key_Homework_5

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Homework #5 McLeod Due in class Monday, April 12th. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be four separate sheets of paper (including the cover sheet). After you have written your answers, plea

  • 6 Pages Homework 4 Answer Key
    Homework 4 Answer Key

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Homework #4 McLeod Due in class Wednesday, November 6th. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. The first sheet is intended only as a cover sheet. Do not write anything on the first sheet except your name an

  • 11 Pages ECON302_PennState_FinalExamKey
    ECON302_PennState_FinalExamKey

    School: Penn State

    Course: INMD MICROEC ANLY

    1. louantity lo 11 12 13 11~]ve lire lAFe lAve lAre lMe I l~@JDEJEJDu IDD~CJCJDD IDDDCJ~DD IDDDCJCJD~ >rrect Answer( s): louantity lFe live lR JIAFe lAve lAre lMe I lo l ~@J[filDDEJD 11 12 13 l ~J~[fil~[fil[Q] l ~CEJ[Ifil~[JQJ l~ITfil~lli:J~ 2. (16 total

  • 6 Pages 180470_12541_1_TM_TM_MF_TTs020313-83114-2-part-2
    180470_12541_1_TM_TM_MF_TTs020313-83114-2-part-2

    School: Penn State

    Name _ Date_ last 4 PSU ID _ Economics 304 Homework - Lesson 8 100 points total Instructions: Please show all work or points will be taken off. Good luck! 1. (65 points total) Suppose the real money demand function is: Md/P 1500 0.2 Y 10,000 (r e). Assume

  • 5 Pages Homework 2 Answer Key copy
    Homework 2 Answer Key copy

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Homework #2 McLeod Due in class Wednesday, September 25th. Name _ ID # _ Instructions: Please Read Carefully Please print out this assignment and answer each question on the page provided. If you need extra space, you may use the back of the shee

  • 4 Pages econ302-8429533
    econ302-8429533

    School: Penn State

    Suppose a consumer has preferences represented by the utility function U(X,Y) = MIN[X,3Y]. Suppose PX = 1 and PY = 2. Draw the Income Consumption Curve for this consumer for income values M = 100, M = 200, and M = 300. Your graph should accurately draw th

  • 5 Pages Answer_Key_Homework_4
    Answer_Key_Homework_4

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Homework #4 McLeod Due in class Monday, March 22nd. Name _ ID # _ Instructions: Please Read Carefully Please print out this form. There should be four separate sheets of paper (including the cover sheet). After you have written your answers, plea

  • 2 Pages 8420776
    8420776

    School: Penn State

    Suppose a consumer views two goods, X and Y, as perfect complements. Her utility function is given by U = MIN [X, 2Y]. Sketch the graph of the consumers indifference curve that goes through the bundle X = 6 and Y = 5. Put the amount of Y on the vertical a

  • 2 Pages 8430314
    8430314

    School: Penn State

    Suppose the demand for a particular product (swimsuits) is highly inelastic.What does that suggest about the wage elasticity of demand for workers in the industry that produces swimsuits?Describe the effect of a binding minimum wage in this industry. Be s

  • 1 Page Quiz 3-10
    Quiz 3-10

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 McLeod Quiz 2 Name _ ID # _ 1. (8 points) Calculate the price elasticity of demand for each of the following situation: a) Demand is given by Q = 50 2P, and P = 20. -4 b) Demand is given by Q = 80 5P, and P = 6. -3/5 or -.6 2. (8 points

  • 2 Pages Quiz 3
    Quiz 3

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Quiz 3 McLeod Name _ ID # _ 1. Suppose the market supply and demand for softball gloves in Happy Valley are given by: Demand: Q = 480 10P Supply: Q = -180 + 12P A) (2 points) Calculate the equilibrium price and quantity of softball glove

  • 12 Pages Exam 2 Version A Answer Key
    Exam 2 Version A Answer Key

    School: Penn State

    Course: INMD MICROEC ANLY

    Econ 302 Exam 2 McLeod Name (please print): _ Penn State ID #: _ _ Please write all answers in the spaces provided. Please show your work in order to receive any partial credit on this exam. 1. (20 points) Suppose a firm has a production function given by

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