ECONOMICS 211 FINAL EXAMINATION, Fall 2008
(3 hours, 200 points) Circle the name of your instructor: Dinh Ertemel Kumar Soligo Wu You
NAME:_ PLEDGE:_
_
PART 1: MULTIPLE CHOICE: Circle the correct answer (48 points in total) 1. (3 points) Columbia would ha
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Problem Set #6
Problem 1
Ralph and Lauren are talking about how much they like going to the gym and how much they like eating
out at their favorite restaurant and they regularly do some of each. A session at the gym costs the same as
ECON 211, Fall 2009 Answer Key for Problem Set 11
Part I. Graded Questions
Problem 1: (30 points)
Martys Frozen Yogurt has the production function per day shown in the accompanying table. The equilibrium wage rate for a worker is $80 per day. Each cup of
Rice University ECON 211, Fall 2009 Problem Set 4 (100 points)
Due on Friday, Sept. 25
Note that there are two parts to this assignment. You must hand in answers to questions in Part I. They will be graded. Questions in Part II will be discussed in the Tu
Name:
Problem Set 5 ECON 211, Fall 2009 Due on Friday, October 9
Print out this problem set and write your answers to all graded questions in the space provided. Then hand in this paper on the due date.
Part 1: Graded Questions
Problem 1: 30 points (Krugm
Answer Key for Problem Set 6 ECON 211, Fall 2009 Due on Friday, October 16
Part 1: Graded Questions Problem 1: 30 points Ralph and Lauren are talking about how much they like going to the gym and how much they like eating out at their favorite restaurant
ECON 211, Fall 2009 Problem Set 11 (100 points) Due on Friday, Dec. 4
Part I. Graded Questions
Problem 1: (30 points)
Martys Frozen Yogurt has the production function per day shown in the accompanying table. The equilibrium wage rate for a worker is $80 p
FIRST MIDTERM EXAMINATION Spring 2007 (2 hours, 100 points) Circle the name of your instructor: NAME: _ PLEDGE:_ _ _ PART I: MULTIPLE CHOICE (3 pts each; 15 points in total)
1. Which of the following will lead to a shift in the demand for Hummer SUVs? I.
ECONOMICS 211 SECOND MIDTERM EXAMINATION, FALL 2009
(2 hours, 100 points) Calculators are allowed on this exam. NAME:_ PLEDGE:_
_ _
PART 1: MULTIPLE CHOICE: Write the letter of the correct answer in the blank (3 points each; 42 points in total) _B_1. a) b
Rice University ECON 211, Fall 2009 Problem Set 4 (100 points)
Due on Friday, Sept. 25
Note that there are two parts to this assignment. You must hand in answers to questions in Part I. They will be graded. Questions in Part II will be discussed in the Tu
Rice University ECON 211, Fall 2009 Problem Set 3 (100 points) Due on Friday, Sept. 18 Note that there are two parts to this assignment. You must hand in answers to questions in Part I. They will be graded. Questions in Part II will be discussed in the Tu
Rice University ECON 211, Fall 2009 Problem Set 2 (100 points)
Due on Friday, Sept. 11
Note that there are two parts to this assignment. You must hand in answers to questions in Part I. They will be graded. Questions in Part II will be discussed in the Tu
Introductiontomicroeconomics
Friday,September18,2009
What is the definition of the price elasticity of demand? What is the relationship between elasticity of demand and the amount spent on a good? What are the determinants of the Price Elasticity of Deman
Rice University ECON 211, Fall 2009 Problem Set 1 (100 points)
Due on Friday, Sept. 4 KEEP YOUR WORK NEAT. MAKE IT EASIER FOR THE GRADERS! (Please type your answers whenever possible. Thanks.) 1. (20 pts.) You are trying to decide whether to go skiing for
Rice University ECON 211, Fall 2009 Problem Set 1 (100 points)
Due on Friday, Sept. 4 KEEP YOUR WORK NEAT. MAKE IT EASIER FOR THE GRADERS! (Please type your answers whenever possible. Thanks.) 1. (20 pts.) You are trying to decide whether to go skiing for
Econ 211 Fall 2009 Handout 1 I. The necessity of choice Someone once told me that there were three things you had to know to be an economist: 1. Marginal not average; 2. Sunk costs are sunk costs; 3. There is no such thing as a free lunch. In this lecture
FIRST MIDTERM EXAMINATION (2 hours, 100 points) Circle the name of your instructor: Gunning Inal Ozsoy Soligo
NAME: _ PLEDGE:_ _ _ PART I: MULTIPLE CHOICE (3 pts each; 15 points in total)
1. Which of the following will lead to a shift in the demand for Hu
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Problem Set #5
Problem 1: 30 points (Krugman Chapter 9 Problem 7)
You are the manager of a gym, and you have to decide how many customers to admit each hour.
Assume that each customer stays exactly one hour. Customers are costly to a
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Homework #4
1.
(12 points) Answer the following questions :
a. The price elasticity of demand is 1.90 for airline vacation travel and 0.80 for airline business travel.
This information implies that
(b) vacation travelers are more sensitive to
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S01121683
Problem Set #7
Problem 1: 30 points (Krugman Chapter 12 Problem 2)
Martys Frozen Yogurt is a small shop that sells cups of frozen yogurt in a university town. Marty owns three
frozen-yogurt machines. His other inputs are refrigerator
Problem 1: (40 points)
A multimarket (third-degree) price discriminating monopolist offers tickets for children and adults. The demand
for adult tickets is given by pa =10 - qa and the demand for children tickets is given by pc = 5 - (1/2)qc. Marginal
cos
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S01121683
Problem 1: (20 points)
Magnificent Blooms is a florist in a monopolistically competitive industry. It is a successful operation, producing the
quantity that minimizes its average total cost and making a profit. The owner also says th