We aren't endorsed by this school
##### ECON 101 - Principles Of Microeconomics - Wisconsin Study Resources
• 1 Page
###### Ps7

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 7 Due By October 31, 2005 (in class) Public Goods and Externalities: Multiple Choice. 1) An example of a good that is both rival and excludable is a) b) c) d) 2) a) b) c) d) the defense

• 6 Pages
###### Review

School: Wisconsin

Course: Microeconomics

Economics 101 December 2005 Wei Zhang Final Exam Review Topics The following has been prepared to give you an overview of the topics for which you are responsible. Exam material is not limited to material mentioned herein Rather, these are simply the over

• 2 Pages
###### Review_final

School: Wisconsin

Exam Name_ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Suppose that the probability that a used bike is a lemon (low quality) is p . If a buyer is willing to pay \$H for a plum (high-quality) bi

• 4 Pages
###### Econ 101 Study Guide

School: Wisconsin

Course: Principles Of Microeconomics

After 2nd Midterm Notes Duality- There are 2 ways to think about the firms problem: 1. Picking the optimal quantity a. Firm determines technology- determines the production function: F(K,L) b. Firm minimizes cost i. Minimize (wL+rK) subject to Q=F(K,

• 10 Pages
• ###### http___courses.aplia.com_af_servlet_cmserver_Midterm_2_Version_1.pdf_ctx=rserrano-0001&cms_actio
• Register Now
###### Http___courses.aplia.com_af_servlet_cmserver_Midterm_2_Version_1.pdf_ctx=rserrano-0001&cms_actio

School: Wisconsin

Course: Principles Of Microeconomics

Econ101 Exam 2 Version 1 Economics 101 Midterm 2 Use the following graph to answer the next two questions. Professor Serrano-Pardial November 14, 2007 P S Unit Tax = 14 S Pd=28 P*=20 D Q* Q 1. In the market depicted by the graph, an excise tax of

• 17 Pages
###### Final Sample 2

School: Wisconsin

Course: Principles Of Microeconomics

Final Exam Version 1; Page 1 Economics 101 Final Exam Professor Hertel 5/17/2007 Student Name: _ID# _ Discussion # _ DO NOT BEGIN WORKING UNTIL YOU ARE TOLD TO DO SO. READ THESE INSTRUCTIONS FIRST. You have 120 minutes to complete the exam, which

• 3 Pages
###### Review Sheet ECON 1

School: Wisconsin

Course: Microeconomics

Review Sheet for the Second Midterm of Economics 101 Jing Tao The following is a list of topics that you should cover for the second midterm. This list should serve as a checklist for you to see whether you have studied everything you need to. In order to

• 4 Pages
###### Homework3fall2010

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 Homework #3 Due 10/26/10 Directions: The homework will be collected in a box before the lecture. Please place your name, TA name and section number on top of the homework (legibly). Make sure you write your name as it appears on yo

• 4 Pages
###### Handout 5

School: Wisconsin

Course: Microeconomics

Econ 101Discussion Section, handout #5 International Trade Problem 1 Consider the book market. Domestic demand for books in a small country is given by the equation P= -3Qd+ 100. Domestic supply is given by the equation P=Qs. The world price of books is \$

• 2 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

• 11 Pages
• ###### firstmidtermfall2010afternoonlecture
• Register Now
###### Firstmidtermfall2010afternoonlecture

School: Wisconsin

Course: Microeconomics

Economics 101 _ Fall 2010 _ 10/5/10 #_ First Midterm _ Name TA Name Discussion Section Student ID # Version 1 DO NOT BEGIN WORKING UNTIL THE INSTRUCTOR TELLS YOU TO DO SO READ THESE INSTRUCTIONS FIRST. You have 75 minutes to complete the exam. The exam co

• 1 Page
###### Midterm Instructions

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 10/05/10 First Midterm Name _ TA Name _ Discussion Section #_ Student ID # _ Version 1 DO NOT BEGIN WORKING UNTIL THE INSTRUC TOR TELLS YOU TO DO SO READ THESE INSTRUCTIONS FIRST. You have 75 minutes to complete the exam. The exam

• 4 Pages
###### Handout2

School: Wisconsin

Course: Microeconomics

Econ 101 Discussion SectionHandout #2 PPF, Opportunity Cost, Absolute Advantage and Comparative Advantage Problem 1 Now Steven has to decide what to do in the following hour. Three choices are available, attending the discussion section for Econ 101, watc

• 10 Pages
###### Handout4

School: Wisconsin

Course: Microeconomics

Economics 101: Introductory Microeconomics Fall 2010 Handout #4 Price Control A price ceiling is a maximum legal price which sellers can charge for a product. A price floor is a minimum legal price which buyers must pay for a product. Note that price cont

• 10 Pages
• ###### handout3_econ101fall2010
• Register Now
###### Handout3_econ101fall2010

School: Wisconsin

Course: Microeconomics

Econ 101 Discussion SectionHandout #3 ANSWERS Problem 1 Supply and Demand, Basics The following table describes the demand schedule for butter: Price (\$) .2 5 .4 5/2 .6 5/3 .8 5/4 1 a. Quantity (pounds) 1 Plot the demand curve for butter. b. Bread and but

• 8 Pages
###### Handout 1

School: Wisconsin

Course: Microeconomics

Econ 101 Discussion SectionHandout #1 Math Review Problem 1 Line A and Line B are both straight lines. The points (0, 10) and (10, 20) lie on Line a. The points (5, 20) and (15, 5) lie on Line B. b. Draw Line A and Line B on a graph. c. Find the slope for

• 13 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 Answers to Homework #2 Due 09/30/2010 in lecture Directions: The homework will be collected in a box before the lecture. Please place your name, TA name and section number on top of the homework (legibly). Make sure you write your

• 4 Pages
###### Homework2fall2010

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 Homework #2 Due 09/30/2010 in lecture Directions: The homework will be collected in a box before the lecture. Please place your name, TA name and section number on top of the homework (legibly). Make sure you write your name as it

• 7 Pages
###### Mock Final Hillary

School: Wisconsin

Course: Microeconomics

Econ101withProfessorsSerrano&Gandhi:May5,2011 BLCFinalExamReview NEWSTUFF Figure1:PerfectlyCompetitiveFirm 1.InFigure1,ifthemarketpriceisP3thentheproducerwill a)ProducequantityQ1intheshortrunandexitinthelongrun b)ProducequantityQ2intheshortrunandexitinthe

• 3 Pages

School: Wisconsin

Course: Microeconomics

BLC Microeconomics Final Exam Review Use the following information to answer the next three questions. Countries A and B only produce 2 goods, sweatshirts and jackets. The following table shows how many units can be produced in each country per week at tw

• 1 Page
###### Market Price

School: Wisconsin

Course: MICROECONOMICS

WhyDoestheMarketPriceFallifitisAbovetheEquilibriumPrice? Thereisasurplusofagoodorservicewhenthequantitysuppliedexceedsthe quantitydemanded.Surplusesoccurwhenthepriceisaboveitsequilibriumlevel Thesurplusoffersanincentiveforthosefrustratedwouldbesellerstoo

• 4 Pages
###### 5- CHapter 3+4

School: Wisconsin

Course: Microeconomics

Circular Flow of Economic Activity Firms and Households Interact in Two Markets o Output markets Goods we go out and get- goods and services Firms supply and households demand o Input markets Factors of production- Labor, land, capital, entrepreneurs

• 70 Pages
• ###### 2- Solutions to Book Problems
• Register Now
###### 2- Solutions To Book Problems

School: Wisconsin

Course: Microeconomics

• 1 Page
###### LG6

School: Wisconsin

Course: Microeconomics

University of Wisconsin Department of Economics Economics 101: Principles of Microeconomics Korinna K. Hansen Learning Guide 6 Due Date: Week of Monday, October 25, 2010 Reading Assignment: Case & Fair Chapter 8 (not the appendix) & relevant lecture mater

• 3 Pages
• ###### midterm2_review_questions
• Register Now
###### Midterm2_review_questions

School: Wisconsin

Course: Microeconomics

Econ 101 - Review Questions for Midterm 2 Professor Korinna K. Hansen 1) In a world of two goods X and Y with prices PX and PY, an increase in both prices PX and PY will cause an _ in consumers budget line. a) inward shift b) outward shift c) ambiguous (i

• 1 Page
###### PQUIZ6

School: Wisconsin

Course: Microeconomics

Econ 101: Principles of Microeconomics Korinna K. Hansen NAME: Disc. Section: Practice Quiz 6 (6 points) Marys cake company faces the following cost schedule: Q TFC TVC TC AFC AVC ATC MC 0 50 0 50 - - - - 1 20 2 50 3 50 4 5 50 70 100 30 90 30 190 50 12.5

• 12 Pages
###### EconExam2Review

School: Wisconsin

Course: Microeconomics

ECONEXAM2REVIEW:Chapters912 Chapter9MakingDecisions ExplicitCosts Coststhatinvolveadirectpaymentofcash Costspaidout Example:ingredientsforabakery,rentonabuildingetc ImplicitCosts Coststhatinvolvenooutlayofmoneybutrepresenttheinflowsofcashthatare forgone F

• 3 Pages
• ###### Midterm 2 Mock Exam Chad
• Register Now
###### Midterm 2 Mock Exam Chad

School: Wisconsin

Course: Microeconomics

BLC Microeconomics Mock Midterm 2 Use the following information to answer the next TWO (2) questions. Susan visits the state fair and rides the Ferris wheel several times. The following table shows her marginal and total utility from a given number of rid

• 4 Pages
• ###### Midterm 2 Mock Exam Hillary
• Register Now
###### Midterm 2 Mock Exam Hillary

School: Wisconsin

Course: Microeconomics

M ock exam for M idterm 2 Econ 101 1. Suppose a firm has a constant Marginal Cost. If the firm produces 3 units of output, the Total Cost will = \$300. s Fixed Cost. A) \$0 B) \$20 C) \$100 D) \$240 E) Impossible to say 2 apple. apples (A) and bananas (B) is A

• 1 Page
###### Midterm2 2007

School: Wisconsin

Course: Microeconomics

Econ101 Exam 2 Version 1 Economics 101 Midterm 2 Professor Serrano-Pardial November 14, 2007 Use the following graph to answer the next two questions. P S Unit Tax = 14 S Pd=28 P*=20 D Q* Q 1. In the market depicted by the graph, an excise tax of \$14 has

• 10 Pages
• ###### Midterm2 2007 Answer Key
• Register Now

School: Wisconsin

Course: Microeconomics

Econ101 Exam 2 Version 1 Economics 101 Midterm 2 Professor Serrano-Pardial November 14, 2007 Student Name: _ ID#: _ Discussion #: _ DO NOT BEGIN WORKING UNTIL YOU ARE TOLD TO DO SO. READ THESE INSTRUCTIONS FIRST! The exam consists of 33 multiple-choice qu

• 1 Page
###### Midterm2 2008

School: Wisconsin

Course: Microeconomics

2 P 300 , and the domestic supply is QS P . Q1. The domestic demand for bananas is Q D If the world price is \$30 and the government imposes a tariff of \$50, what would be the import quota equivalent to the \$50 tariff? a) 50 b) 20 c) 60 d) 80 e) 100 Q2. Th

• 1 Page
• ###### Midterm2 2008 Answer Key
• Register Now

School: Wisconsin

Course: Microeconomics

2 P 300 , and the domestic supply is QS P . Q1. The domestic demand for bananas is Q D If the world price is \$30 and the government imposes a tariff of \$50, what would be the import quota equivalent to the \$50 tariff? a) 50 b) 20 c) 60 d) 80 e) 100 Q2. Th

• 3 Pages
###### Midterm2 2010

School: Wisconsin

Course: Microeconomics

Version # Economics 101 Professor Serrano-Padial nd 2 Midterm, Version#1 Apr. 13, 2010 DO NOT START WORKING UNTIL YOU ARE TOLD SO READ THESE INSTRUCTIONS FIRST Name_ ID _ Section# _ You have 70 minutes to complete the exam, which consists of 33 multiple-c

• 1 Page
• ###### Midterm2 2010 Answer Key
• Register Now

School: Wisconsin

Course: Microeconomics

Version #1 Economics 101 Professor Serrano-Padial nd 2 Midterm, Version#1 Apr. 13, 2010 DO NOT START WORKING UNTIL YOU ARE TOLD SO READ THESE INSTRUCTIONS FIRST Name_ ID _ Section# _ You have 70 minutes to complete the exam, which consists of 33 multiple-

• 6 Pages
###### Syllabusfall2010

School: Wisconsin

Course: Microeconomics

ECONOMICS 101 INTRODUCTORY MICROECONOMICS FALL 2010 Instructor: Elizabeth Sawyer Kelly Office: 7416 Social Science Office Phone: 608-262-8829 Office Hours: Before class and after class, and by appointment E-mail: eskelly@wisc.edu Webpage: www.ssc.wisc.edu

• 3 Pages
• ###### Kelly HW 1 - Math Review, Opp Cost, and Trade
• Register Now
###### Kelly HW 1 - Math Review, Opp Cost, And Trade

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 Homework #1 Due 9/21/2010 at the beginning of lecture Directions: The homework will be collected in a box before the lecture. Place your name, TA name and section number on top of the homework (legibly). Late homework will not be a

• 11 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Economics 101 Answers to Homework #4 Fall 2009 Due 11/11/2009 before lecture Directions: The homework will be collected in a box before the lecture. Place your name, TA name and section number on top of the homework (legibly). Late homework will not be a

• 3 Pages
###### Handout #7

School: Wisconsin

Course: Microeconomics

Econ 101 Handout #7 Introduction of Substitution and Income Effect Every price change can be decomposed into an income effect and a substitution effect; the price effect is the sum of substitution and income effects. The substitution effect is a price cha

• 9 Pages
###### HW3 With Solutions

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 Homework #3 Due 10/26/10 Directions: The homework will be collected in a box before the lecture. Please place your name, TA name and section number on top of the homework (legibly). Make sure you write your name as it appears on yo

• 6 Pages
###### Homework4fall2010

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 Homework #4 Due: 11/04/2010 in lecture Directions: The homework will be collected in a box before the lecture. Please place your name, TA name and section number on top of the homework (legibly). Make sure you write your name as it

• 6 Pages
###### Handout#6(sol)

School: Wisconsin

Course: Microeconomics

(Econ 101 Discussion Section) Suggested Solution to Handout #6 1. You are asked to construct budget line of Paul. Using the information he provided, draw his budget line on separate graphs. Be sure to label each axis first to avoid unintended confusions.

• 4 Pages
###### Handout#6

School: Wisconsin

Course: Microeconomics

ECON101 Discussion Section Handout #6 (Budget Line) Budget line represents consumption bundles that can be purchased under the market price with a consumers income. 1. You are asked to construct budget line of Paul. Using the information he provided, draw

• 1 Page
• ###### New Microsoft Word æ��æ¡£
• Register Now
###### New Microsoft Word æ��æ¡£

School: Wisconsin

2012 2012 DJ

• 8 Pages
###### List1-2

School: Wisconsin

Abandon vt./n.(abandoned, abandonment) Abbreviate vt.(abbreviation, abbreviated) Abnormal a. Abolition n.(abolitionist) Abort n. Abound vi.(abundance) Abrasion n.(abrasive) Abreast ad. Abrupt a. Absence n. Absolutely ad. Absorb vt.(absorbent, absorbed) Ab

• 8 Pages
###### List3-4

School: Wisconsin

Assume vt.(assumption, presume, consume, resume) Assure vt.(ensure, insure, secure) Asteroid n. Astronomy n.(astronomical, astronomer) Asymmetrical a.(symmetrical) Athlete n.(athletic, nonathletic) Atmosphere n.(atmospheric) Atomic a. Attach vt.(attached,

• 9 Pages
###### List19-20

School: Wisconsin

Lithosphere n. Litter n./vt. Livelihood n. Livestock n. Lizard n. Load n./vt. Lobby n. Locality n. Locally ad. Locate vt. Locomotion n. Locomotive n./a. Lodge n. Log n. Logical a. Loose a. Lounge n. Lower vt./a. Loyal a. Lubricant n. Lumber n. Luminous a.

• 8 Pages
###### List5-6

School: Wisconsin

Cascara n. Cassette n. Cast n./vt. Catalog n. Catalyst n. Catastrophe n.(apostrophe) Category n.(categorize) Caterpillar n. Cautious a.(precaution) Cavity n.(cranial cavity) Cease v./n. Celebrate vt. Celebrated a.(celebrity) Celestial a. Cell n. Census n.

• 8 Pages
###### List7-8

School: Wisconsin

Confine vt. Confirm vt. Conflict n./vi. Conform vi. Confront vt. Congenial a. Congestion n. Congress n. Conscious a. Consciously ad. Consent vi./n. Consequence n. Consequently ad. Conservation n. Conserve vt. Considerable a. Considerate a. Consistent a. C

• 9 Pages
###### List9-10

School: Wisconsin

Delicious a. Delight n./v. Deliver v. Delta n. Demanding a. Democrat n. Democratic a. Demolish vt. Demonstrate vt. Denote vt. Dense a. Dentist n. Deny vt. Depart vi. Depend vi. Depict vt. Deplete vt. Deposit vt./n. Depression n. Deprive vt. Derive vi. Des

• 8 Pages
###### List11-12

School: Wisconsin

Elusive a. Embarrass v. Embellish vt. Emblem n. Embody vt. Embrace vt. Embryo n. Emerald n. Emerge vi. Eminent a. Emission n. Emit vt. Emotion n. Emotional a. Emphasize vt. Enactment n. Encase vt. Enclose vt. Encompass vt. Encounter n./vt. Encourage vt. E

• 9 Pages
###### List13-14

School: Wisconsin

Fidelity n. File n./vt. Filter n./vt. Fin n. Finance vt./n. Finch n. Firm n./a. Fitness n. Flag n. Flagellum n. Flake n./vt. Flame n. Flap n./v. Flask n. Flat a./n. Flavoring n. Flexible a. Flint n. Float v. Flock n./vi. Flora n. Flourish vi. Fluctuate vi

• 8 Pages
###### List15-16

School: Wisconsin

Hardware n. Hardy a. Harmony n. Harness n./vt. Harsh a. Haste n. Hatch v. Haul v. Haunt vt./n. Haven n. Hawk n. Hay n. Hazard n. Heading n. Healing a. Heed n. Hemisphere n. Henceforth ad. Herald n./vt. Herb n. Herd n. Heritage n. Hibernation n. Hide v./n.

• 8 Pages
• ###### Handout 7 with solution
• Register Now
###### Handout 7 With Solution

School: Wisconsin

Course: Microeconomics

Econ 101 Handout #7 Introduction of Substitution and Income Effect Every price change can be decomposed into an income effect and a substitution effect; the price effect is the sum of substitution and income effects. The substitution effect is a price cha

• 11 Pages
• ###### econ-firstmidtermfall2010
• Register Now
###### Econ-firstmidtermfall2010

School: Wisconsin

Course: Microeconomics

Economics 101 Fall 2010 10/05/10 First Midterm Name _ TA Name _ Discussion Section #_ Student ID # _ Version 1 DO NOT BEGIN WORKING UNTIL THE INSTRUC TOR TELLS YOU TO DO SO READ THESE INSTRUCTIONS FIRST. You have 75 minutes to complete the exam. The exam

• 5 Pages
###### Homework4fall2009

School: Wisconsin

Course: Microeconomics

Economics 101 Homework #4 Fall 2009 Due 11/11/2009 before lecture Directions: The homework will be collected in a box before the lecture. Place your name, TA name and section number on top of the homework (legibly). Late homework will not be accepted. It

• 14 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Economics 101 11/18/2009 Second Midterm Student Name : Section # : TA Name : Version 1 DO NOT BEGIN WORKING UNTIL THE INSTRUCTOR TELLS YOU TO DO SO. READ THESE INSTRUCTIONS FIRST. You have 75 minutes to complete the exam. The exam consists of 13 binary ch

• 13 Pages
###### Mt1spring2009v1

School: Wisconsin

Course: Microeconomics

Version #1 Econ 101-Spring 2009 Midterm exam 1 Version #1 Student Name: _ ID# _ Discussion # _ You have 75 minutes to answer the exam. The exam contains 12 binary choice questions worth 2 points each and 25 multiple choice questions worth 3 points each. Y

• 12 Pages
• ###### midterm2fall2008morningAK
• Register Now
###### Midterm2fall2008morningAK

School: Wisconsin

Course: Microeconomics

Economics 101 11/18/2008 Second Midterm Student Name : Section # : TA Name : Version # X DO NOT BEGIN WORKING UNTIL THE INSTRUCTOR TELLS YOU TO DO SO. READ THESE INSTRUCTIONS FIRST. You have 75 minutes to complete the exam. The exam consists of 12 binary

• 11 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Econ 101 Summer 2010 Exam 2 Professor Kelly Name: _ Section Day and Time: _ There are 2 short answer questions and 20 multiple choice questions. Question 1 20 points Your Score: _ Question 2 20 points Your Score: _ Multiple Choice 60 points Your Score: To

• 12 Pages
###### Misterm2summer2010

School: Wisconsin

Course: Microeconomics

Econ 101 Summer 2010 Exam 2 Professor Kelly Name: _ Section Day and Time: _ There are 2 short answer questions and 20 multiple choice questions. Question 1 20 points Your Score: _ Question 2 20 points Your Score: _ Multiple Choice 60 points Your Score: To

• 11 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Economics 101 Summer 2010 Answers to Homework #3 Due Thursday, June 24, 2010 This homework is due at the beginning of the class lecture. Make sure that your homework includes your name, section number, and is stapled. There will be no stapler at the class

• 7 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Perfect Competition Questions Question 1 Suppose there is a perfectly competitive industry where all the firms are identical with identical cost curves. Furthermore, suppose that a representative firms total cost is given by the equation TC = 100 + q2 + q

• 14 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Economics 101 Summer 2010 Answers to Homework #4 Due Thursday, July 1, 2010 This homework is due at the beginning of the class lecture. Make sure that your homework includes your name, section number, and is stapled. There will be no stapler at the class

• 4 Pages
• ###### summer2010perfectcompetitionquestions
• Register Now
###### Summer2010perfectcompetitionquestions

School: Wisconsin

Course: Microeconomics

Economics 101 Summer 2010 Practice Questions on Perfect Competition Question 1 Suppose there is a perfectly competitive industry where all the firms are identical with identical cost curves. Furthermore, suppose that a representative firms total cost is g

• 6 Pages
###### Homework4summer2010

School: Wisconsin

Course: Microeconomics

Economics 101 Summer 2010 Homework #4 Due Thursday, July 1, 2010 This homework is due at the beginning of the class lecture. Make sure that your homework includes your name, section number, and is stapled. There will be no stapler at the class lecture. Su

• 9 Pages
###### Firstmidtermsummer2010

School: Wisconsin

Course: Microeconomics

Econ 101 Summer 2010 Exam 1 Professor Kelly Name: _ Section Day and Time: _ There are 5 questions. Question 1 20 points Your Score: _ Question 2 20 points Your Score: _ Question 3 20 points Your Score: _ Question 4 15 points Your Score: _ Question 5 25 po

• 9 Pages
• Register Now

School: Wisconsin

Course: Microeconomics

Econ 101 Summer 2010 Exam 1 Professor Kelly Name: _ Section Day and Time: _ There are 5 questions. Question 1 20 points Your Score: _ Question 2 20 points Your Score: _ Question 3 20 points Your Score: _ Question 4 15 points Your Score: _ Question 5 25 po

• 6 Pages
###### Homework3summer2010

School: Wisconsin

Course: Microeconomics

Economics 101 Summer 2010 Homework #3 Due Thursday, June 24, 2010 This homework is due at the beginning of the class lecture. Make sure that your homework includes your name, section number, and is stapled. There will be no stapler at the class lecture. S

• 5 Pages
###### Econ 101 Handout #9

School: Wisconsin

Course: Microeconomics

Econ 101 Handout #9 Fixed inputan input whose quantity is fixed for a period of time and cannot be varied, for instance, land. Variable inputan input whose quantity the firm can vary at any time. For instance, labor. In the LONG RUNthat is, given that a l

• 9 Pages
###### List17-18

School: Wisconsin

Initial a./n. Initially ad. Initiate vt. Inject vt. Inn n. Innate a. Inner n./a. Innocent a. Innovation n. Innovative a. Inquire v. Insanity n. Inscribe vt. Insect n. Insert vt. Insight n. Insistence n. Inspire vt. Install vt. Instance n. Instinct n. Inst

• 1 Page
###### Practice Quiz 1

School: Wisconsin

Course: MICROECONOMICS

• 2 Pages
###### Exam1-ans

School: Wisconsin

Course: Microeconomics

Answer Key Question Answer 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 a e b b a c c b e a c d b d a b d e d a c b b c a a a 28 29 30 d a c

• 12 Pages
###### Exam1-prac

School: Wisconsin

Course: Microeconomics

Practice Exam Midterm 1 Version 11 Name:_ Section #:_ TA:_ (Please see last page for discussion section and TA listings) Please do not open this exam until instructed to do so. All 30 questions are multiple-choice. Choose the best answer for each question

• 2 Pages
###### Exam2-ans

School: Wisconsin

Course: Microeconomics

Practice Exam 2, Answer Key 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 e b c a b c c e c b d e d d c d b c b d b c e b a d b b 29 30 c b

• 12 Pages
###### Exam2-prac

School: Wisconsin

Course: Microeconomics

Practice Exam Midterm 2 Version 11 Name:_ Section #:_ TA:_ (Please see last page for discussion section and TA listing) Please do not open this exam until instructed to do so. All 30 questions are multiple-choice, to be answered on the bubble sheet provid

• 2 Pages
###### Final-ans

School: Wisconsin

Course: Microeconomics

Answer Key Question # 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 a e c c d e b d b c b b a d c c b c a b d b d e c c 27 28 29 30 31 32 33 34 35 36 37 38 39 40 b a d a c b a e d c e d c c

• 14 Pages
###### Final-prac

School: Wisconsin

Course: Microeconomics

Practice Exam Final Exam Version 11 Please do not open this exam until instructed to do so. All 40 questions are multiple choice, to be answered on the bubble sheet provided. Please use a number two pencil on the bubble sheet. Fill in your answers complet

• 10 Pages
###### Game Theory (static)

School: Wisconsin

Course: Microeconomics

GameTheory(static) MultiPersonDecisionProblems StrategicInterdependence E.g. oligopoly Ebaybidding rockpaperscissors Payoff,OptimalBehavior:dependson opponents'behavior StaticGamesandApplications 1 FourElementsofaGame Players Rules:orderofmovements,poss

• 3 Pages
###### Ps1

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 1 Due by September 12, 2005 (in class) Please be sure to include (1) your name, (2) your teaching assistants name, and (3) your section time on your answers. Please staple pages togethe

• 5 Pages
###### Ps1an

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 1 Answer Key 1. a) y =10-2x is represented by the solid line above. b) The slope of y =10-2x is the coefficient on x: -2. The vertical intercept is 10. If x were on the vertical axis th

• 2 Pages
###### Ps2

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 2 Due by September 19, 2005 (in class) Gains from Trade and the Production Possibilities Frontier 1. Suppose Australia and New Zealand each have 100 acres of land available for farming

• 3 Pages
###### Ps2an

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 2 Answer Key Gains from Trade and the Production Possibilities Frontier 1. Wheat Australia Wheat a) 600 New Zealand 200 600 Cotton 200 Cotton b) New Zealand has a comparative advantage

• 2 Pages
###### Ps3

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 3 Due by September 26, 2005 (in class) Consumer Choice 1. The Budget Constraint. Suppose Lewis lives in a world with only two goods, beer and cheese. Lewis income each month is \$500. Be

• 4 Pages
###### Ps3an

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 3: Answer Key 1. Recall that Lewis income each month is \$500. Beer costs \$2 a bottle, and cheese costs \$5 per pound. a) If Lewis spent all of his income each month on beer, he could con

• 2 Pages
###### Ps4

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang NOT TO BE TURNED IN Problem Set 4 Finish before the October 3rd Midterm. This problem set has been provided to help you prepare for Midterm 1. Answers are already posted. This problem set will be n

• 5 Pages
###### Ps4an

School: Wisconsin

Course: Microeconomics

UNIVERSITY OF WISCONSIN Economics 101 Fall 2005 Wei Zhang Problem Set 4 Answer Key 1. Recall that annual demand for widgets is given by the equation QD=40-4P while the supply curve is given by QS=2P-2. a) Quantity demanded will be 0 when Price = \$10. To s

• 5 Pages
###### Duopoly

School: Wisconsin

Course: Microeconomics

DUOPOLY STATIC COMPETITION: HOMOGENEOUS GOODS Lets find the Nash equilibrium of a game where firms choose prices. The game has 2 players, who simultaneously chose prices, under the following assumptions. Assumptions: i. Homogenous goods ii. static competi

• 7 Pages
###### Discrimonop

School: Wisconsin

Course: Microeconomics

Monopoly Price Discrimination 1st degree (perfect price discrimination): charge each consumer the WTP 2nd degree: use self-selecting devices (personal arbitrage and screening) 3rd degree: use signals (e.g. age, occupation, location ) of consumers preferen

• 1 Page
###### Learning Guide 4

School: Wisconsin

Course: MICROECONOMICS

• 1 Page
###### Learning Guide 3

School: Wisconsin

Course: MICROECONOMICS

• 1 Page
###### Learning Guide 1

School: Wisconsin

Course: MICROECONOMICS

• 1 Page
###### Quiz 9

School: Wisconsin

Course: MICROECONOMICS

• 1 Page
###### Quiz 4

School: Wisconsin

Course: MICROECONOMICS

• 1 Page
###### Quiz 3

School: Wisconsin

Course: MICROECONOMICS

• 1 Page
###### Quiz 2

School: Wisconsin

Course: MICROECONOMICS

• 1 Page
###### Practice Quiz 4

School: Wisconsin

Course: MICROECONOMICS

• 8 Pages
###### 1_U.S. Antitrust

School: Wisconsin

Course: Microeconomics

Amalgamated America - Trust in Markets: Antitrust Enforcers Drop the Ideology, Focus on Economics - From Sherman to Pitofsky, Attitudes About Bigness Have Come a Long Way - The View From 30,000 Feet By Roger Lowenstein. Wall Street Journal (Eastern Editio

• 3 Pages
###### 2_European Antitrust

School: Wisconsin

Course: Microeconomics

Trustbusting's Top Cop:The EU's Mario Monti is picking up the mantle now that Washington favors antitrust minimalism Mike France in New York, with William Echikson in Brussels and Dan Carney in Washington. Business Week New York:April 30, 2001. Iss. 3730,

• 37 Pages
###### Chap06

School: Wisconsin

Course: Microeconomics

Supply, Demand, and Government Policies Copyright 2004 South-Western 6 Supply, Demand, and Government Policies In a free, unregulated market system, market forces establish equilibrium prices and exchange quantities. While equilibrium conditions may be e

Back to course listings