ARE 100B
Summer 2014
M. Whitney
HOMEWORK 1 (complete)
Due in class August 20th
(Note: You make want to make a copy of your answers to study from)
1. (20 pts.) Suppose that demand for a particular style of handmade Rwandan baskets is Qd =
1700 - 10P. Each

Market equilibrium under perfect competition: How to solve
Short run
In the short run case, there are a number of existing firms, each with a certain productive capacity and
associated cost function. Often we assume there are N identical firms.
Recall how

ARE 100B M. Whitney
SPRING 2008
NAME:
MIDTERMll
This exam has two sections. Section A consists of 10 multiple-choice questions, each worth 10 points. Total possible points in Section A = 100. Section B consists of 5 problems each worth 30 points. Partial

ARE 100B
M. Whitney
Spring 2008
FIRST MIDTERM
N~E:
_
This exam has two sections. Section A consists of 10 multiple-choice questions, each worth 10 points. Total possible points in Section A = 100.
Section B consists of 5 problems each worth 30 points. Par

ARE 100B M. Whitney
SPRING 2008
NAME:
MIDTERM II
This exam has two sections. Section A consists of 10 multiple-choice questions, each worth 10 points. Total possible points in Section A = 100. Section B consists of 5 problems each worth 30 points. Partial