Chapter 6 - Demand, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 Prudence was maximizing her utility subjec
TERM TEST - June 21st, 2010
True/False Questions
Indicate whether the statement is true or false and explain your choice by providing a
detailed answer.
Question 1.
Charlies utility function is U (x, y ) = xy 2 . His marginal rate of substitution between
Chapter 4 - Utility, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 Angelas utility function is U (x1 , x2 )
Additional practice problems, first semester, ECO206
1.
Morts utility function is U(x1, x2) = x1x2. His income is $100. The price of good 2 is $10. Good 1 is
priced as follows. The first 6 units cost $10 per unit and any additional units cost $5 per unit.
Chapter 21 - Cost Curves, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 Average cost can never rise while ma
Chapter 9 - Buying and Selling, Practice Problems, ECO 206
Long Answer Problems
Please provide detailed answers to each question
Question 1 Dudley has a utility function U (C, R) = C (12 R)2 , where R is leisure
and C is consumption per day. He has 16 hou
Chapter 20 - Cost Minimization, Practice Problems, ECO 206
Long Answer Problems
Please provide detailed answers to each question
Question 1 A rm has the production function Q = KL, where K is the amount of
capital and L is the amount of labor it uses as i
ECO206 (Spring 2012) Problem Set
Monopoly (Chapter 24)
Question 1
StarBridge is considering operating a particular bridge. The bridge would reduce commuting time for people
living in the neighbourhoods close to the bridge. The demand for trips across the
ECO206 (Spring 2012) Problem Set
Chapter 25: Price Discrimination
Question 1
Given the information in regular (not bold) text, determine whether the statements in bold are true, false,
or uncertain. Explain in detail.
(a) Bayer, a pharmaceuticals company,
ECO206 (Spring 2012) Problem Set
Industry Supply (Chapter 23)
Question 1
Suppose that there are only two rms producing oil, Oil Sands and Gulf Oil. These rms seek to maximize
prots. Although there are only two rms in the oil industry, we will image that b
ECO206 (Spring 2012) Problem Set
Firm Supply (Chapter 22)
Question 1
Dent Carr runs a car repair shop. His long run total cost of repairing s cars per week is C (s) = 3s2 + 75
with C (0) = 0. If the going price for a car repair is $18, then how many cars
MAKEUP TEST - July 23rd, 2010
True/False Questions
Indicate whether the statement is true or false and explain your choice by providing a
detailed answer.
Question 1.
When the price of a good rises and income remains constant, there is a substitution
eect
ECO206 (Spring 2012) Problem Set
Chapter 26: Factor Markets
Question 1
Life Hospital is the only provider of medical services in a small town. Since the hospital is neither large
nor technologically advanced, it only provides one type of medical service:
ECO206 (Spring 2012) Problem Set
Game Theory I: Strategic Games in Pure Strategies (Chapter 28,29)
Part I
Question 1
Determine whether each of the following statements is true, false or uncertain. Explain in detail.
(a) A situation where everyone is playi
ECO206 (Spring 2012) Problem Set
Game Theory II: Extensive Games (Ch27,28,29)
Question 1
Consider the following sequential game of nuclear deterrence with two players, the USSR and the USA. If the
USSR invades the USA or any of its allies (such as Europe)
ECO206 (Spring 2012) Problem Set
Game Theory II: Strategic Games with Mixed Strategies
Question 1
Consider the goalie anxiety at the penalty kick. Let the kickers pay-os below represent the kickers
probability of success and the goalies pay-os the probabi
ECO206 (Spring 2012) Problem Set
General Equilibrium I: The Pure Exchange Economy (Chapter 31)
Question 1
Determine whether the following statement is are true, false, or uncertain. Explain in detail.
In a pure exchange economy with two goods, if there is
ECO206 (Spring 2012) Problem Set
General Equilibrium II: Robinson Crusoe Economy (Ch 32)
Question 1
Yousef lives alone in the forest and only eats berries. If he spends h hours picking berries in day, then he
can pick h litres of berries. Yousefs utility
Chapter 19 - Prot Maximization, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 If a prot-maximizing competiti
Chapter 18 - Technology, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 If y is the amount of output and x1 a
ECO206Y1Y TERM TEST
June 21st, 2010
9-11am, RW110
Please solve all 6 questions.
The only aid allowed is a non-programmable calculator.
True/False Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a s
SN54HC7001, SN74HC7001
QUADRUPLE POSITIVE AND GATES
WITH SCHMITT TRIGGER INPUTS
SCLS035E MARCH 1984 REVISED NOVEMBER 2004
D Wide Operating Voltage Range of 2 V to 6 V
D Operation From Very Slow Input
D
D
Transitions
Same Pinouts as HC08
Outputs Can Drive
Subject POSt Codes & Contacts
The following pages list all of the St. George campus Arts & Science subject POSts. Each entry includes the
following information:
Subject POSt Code,which consists of:
two letters, which indicate the division; all St. George
74AC11074
DUAL POSITIVE EDGE TRIGGERED D TYPE FLIP FLOP
WITH CLEAR AND PRESET
SCAS499A DECEMBER 1986 REVISED APRIL 1996
D Center-Pin VCC and GND Configurations
D
D
D
D, N, OR PW PACKAGE
(TOP VIEW)
Minimize High-Speed Switching Noise
EPIC (Enhanced-Perform
Chapter 5 - Choice, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 Jane Does utility function is U (x, y ) =
Chapter 6 - Demand, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 Prudence was maximizing her utility subjec
Chapter 8 - Slutsky Equation, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 Ivan spends his entire income on
Chapter 9 - Buying and Selling, Practice Problems, ECO 206
Long Answer Problems
Please provide detailed answers to each question
Question 1 Dudley has a utility function U (C, R) = C (12 R)2 , where R is leisure
and C is consumption per day. He has 16 hou
Chapter 12 - Uncertainty, Practice Problems, ECO 206
True/False/Uncertain Questions
Indicate whether the statement is true, false or uncertain and explain your choice by
providing a suciently detailed answer
Question 1 If someone has strictly convex prefe