EC 370 Winter 2011
Midterm Exam. #1
February 03, in class
Please print.
Name:
Student ID #:
Section:
Instructions:
You have 80 minutes.
There are 9 pages, including this one.
There are 3 questions with total of 40 marks. The distribution of the marks i
EC 370 Winter 2011
Assignment #1
Due: January 25 (Wednesday) 4pm.
Location: Dropbox across Economics Department Main Oce (P3082)
1. (Ch.07: Revealed Preference) Here is a table that illustrates some observed prices
and choices for three dierent goods at t
EC 370 Winter 2012
Midterm Exam. #1
January 31, in class
Please print.
Name:
Student ID #:
Section:
Instructions:
You have 80 minutes.
There are 10 pages, including this one.
There are 4 questions with total of 40 marks. The distribution of the marks i
Lecture 4
Problem 14.1, Textbook 11th edition
A monopolist can produce at constant average and marginal costs of AC=MC=5. The firm faces a
market demand curve given by Q=53-P.
a. Calculate the profit-maximizing price-quantity combination for the monopolis
Entry Deterrence Model
(Please also read your textbook p.557562.)
Part 1: Entry Deterrence when Market Structure is Stackelberg Quantity Competition
A two-year market faces the following demand function: P=50 Q, where Q is the total
market output.
Suppose
EC 370 Winter 2011
Assignment #2
Due: February 29 (Wednesday) 4pm.
Location: Dropbox across Economics Department Main Oce (P3082)
1. (Ch.12: Uncertainty) Ronald is forced to bet it on the ip of a fair coin. If he wins, he
receives $200. If he loses, he pa
EC 370 Winter 2011
Assignment #3
Due: April 4 (Wednesday) 4pm.
Location: Dropbox across Economics Department Main Oce (P3082)
1. (Ch.32: Production) Robinson Crusoe has decided that he will spend exactly 8 hours a
day gathering food. He can either spend t
EC 370 Winter 2011
Midterm Exam. #2
March 10, in class
Please print.
Name:
Student ID #:
Section:
Instructions:
You have 80 minutes.
There are 12 pages, including this one.
There are questions with total of 40 marks. The distribution of the marks is gi
WILFRID LAURIER UNIVERSITY
Waterloo, Ontario
Winter 2011
Name:
Economics 370
ID#:
Microeconomic Theory II
Instructors: Hideki Ariizumi
Number of Pages: Cover page plus 11 question pages
Time Allowed: 2 hours
Aids: Non-programmable non-graphing calculator
EC 370 Winter 2012
Midterm Exam. #2
March 06, in class
Please print.
Name:
Student ID #:
Section:
Instructions:
You have 80 minutes.
There are 10 pages, including this one.
There are 4 questions with total of 40 marks. The distribution of the marks is
EC370 Lecture 2
Practice Questions from Chapter 12 Partial Equilibrium Competitive Model
Objective:
First Question : Supply decisions of a single firm cause negligible changes to equilibrium
price
Second Question: Calculate firm Supply curve from SMC; f