Exam # 2
SHOW ALL RELEVANT WORK IN SPACE PROVIDED.
Provide an appropriate response.
1) The random variable x represents the number of cars per household in a town of 1000
CIS 001: INTRODUCTION TO COMPUTER INFORMATION SYSTEMS TAKE HOME MID-TERM
Chapter 1: Digital Literacy
1. Which of the following entails having the knowledge and understanding of computers, mobile devices,
the Internet, and related technologies?
Exam I ( Take home )
I) Refer to Table 2-5. This table shows the number of labor hours required to produce a cell
phone and a board foot of lumber in Eston
Test 2: Anthr 1 and 140: Chapters 6 - 10
Circle the letter of your answer choice on this test. Transfer your answers to your scantron.
Write T or F on the line in front of the true/false questions.
(Mark A for true or B for false on your sca
Elementary Statistics, Math 13
Exam #2 Practice Questions
Thursday September 29, 2016; Dr. Rinker
Email: [email protected]
One FULL Sheet of NOTES ok (one side!); No Book
Certain Formulas Provided
Calculator allowed (except when stated)
Must show all wo
Chapter 4: The Market Forces of Supply and Demand
1. What is the competitive market? Briefly describe a type of market that is not
A competitive market is a market in which there are many buyers and many sellers so that
Chapter 2: Thinking like an Economist
1. How is economics a science?
Economics is a science by collecting data, devising theories, and testing the theories.
2. Why do economists make assumptions?
Economists make assumptions to simplify problems and m
Chapter 3: Interdependence and the Gains from Trade
1. Under what conditions is the production possibilities frontier linear rather than
When the production possibilities frontier is linear, rather than bowed out, it is because
Chapter 5: Elasticity and its Application
1. Define the price elasticity of demand and the income elasticity of demand.
Price elasticity of demand- measures how much the quantity demanded responds to a
change in price
Income elasticity of demand- a m
Chapter 1: Ten Principles of Economics
1. Give three examples of important trade-offs that you face in your
Ex.1: Working full time and being a part time student or being a full time student and
working part time.
Ex.2: Going out with friends o
Chapter 6: Supply, Demand, and Government Policies
1. Give an example of a price ceiling and an example of a price flow.
Price ceiling a legal maximum on the price at which a good can be sold. Price floor a legal
minimum on the price at which a good
Economics 2 (25311) Online
May 26th June 12th
Course ID: bajrami53433
This is a fully online course offered during Spring Intersession 2015semester. It is equivalent to
any face-to-face Economics 2 course offered at Per
Americans are increasingly disturbed by the growing economic clout of China. With