Economics 431: Industrial Organization
Professor Kellogg, Fall 2012
Final Examination. Monday, 17 December 2012
This is a 110 point closed book exam. The exam will end at 12:30. You are not
permitted
Economics 431: Industrial Organization
Professor Kellogg, Fall 2015
PROBLEM SET 3 SOLUTIONS
1. Read the April 2002 Wall Street Journal article: How to Beat Priceline: New Sites Post Secret
BidsBargain
Economics 431: Industrial Organization
Professor Kellogg, Fall 2015
Second Exam practice problems
All of the questions below were on past exams
The real exam will be much shorter than this list of pra
Economics 431
Summer 2007
Midterm Exam
Answer Key
Part I True or false (40 points total - Credit given for explanation)
1) (6 points) If a prot-maximizing competitive rm produces such a quantity
q tha
Econ 431
Industrial Organization
Fall 2014
Professor Fan
Practice Problem Set 1
[The solutions will be posted on Oct 14.
We will go over the practice problem set in the class on Oct 16.]
1. T-Mobile H
ECON 431: Industrial
Organization
Professor Ryan Kellogg
Department of Economics
There sure are a lot of people in
here
As many of you know, there is a large wait list
for this course
If you are on
Economics 431
Fall 2003
First Midterm Exam
October 6, 2003
Print your name here _
Your UM ID number1 _
Instructions:
Do not open the exam until you are told to do so.
Once the exam begins, check tha
1. Cellular Respiration Lab Report
General Concepts
1. What are the commercial products produced by fermentation or anaerobic respiration? List at
least two.
Ethanol
Carbon dioxide gas
Yoghurt
2. What
Ad-hoc Statistics Report submitted to the CEO,
Davis & Associates
[Project 1]
Table of Contents
No.
Name of topic
1
Introduction
2
Vacation Frequency Distribution
3
Bar Charts
4
Means
5
Salary Analysi
Apple Inc. Company is one of the best worlds visible and recognized producers of consumer
electronics brands. The company has been growing tremendously owing to the fact that it
receives high returns
MBA723 Aggregate Supply and Demand Analysis
Economic Data Table
Country:
Most Recent Year
minus 2 (if
available)
1.83
Most Recent Year
minus 1
Most Recent Year
1.878
1.929
3.3%
2.6%
2.7%
GDP - per cap
According to the Profit Maximization Excel worksheet provided, the two market structures have
similar total cost as well as the marginal cost since the two have the same total cost equation.
However,
Macroeconomics Discussion Session Exercise #3
1. I got a 2% raise but my standard of living still went down this year. Explain
thoroughly how this is possible.
The lower standards of living may be as
Money and Banking
Chapter 2: The Financial System
1. Know the following terms: internal finance, external finance, asymmetric information, adverse
selection, moral hazard, principle-agent problem, pri
1.
The managed care plan tends to lower health care costs because of the nature of
competition within a market that depends on each partys influence. Physicians control the
demand for most health serv
Week 4 - Expenditure Model
green = input data from CIA
Country:south korea
(input the actual) Year
GDP (PPP) $ Value
One-year Growth Rate
Two-year Average Growth Rate%
t-2
2014
t-1
2015
1.830
1.878
0.
1. Suppose you roll a pair of dice once. Let A be the event that you observe an even
number. Let B be the event that you observe a number greater than B. What is the
compliment of the union of events
Pie chart is a type of graph in which a circle is divided into sectors each representing a
proportion of the whole. The total sector adds up to 3600 or 100%. The representation of a pie
chart is as sh
The Gross domestic product (GDP) is the monetary value of all the finished goods and services
which are produced within the borders of a country in a specific period of time. It is one of the
indicato
The spectrum of health care facilities that exist in US.
Topic: The spectrum of health care facilities that exist in the U.S
Institution:
Students name:
Course code:
Date:
The spectrum of health care
Improving healthcare issue
Improving Quality Issue
Students Name
Institution
Improvement of Quality Issue
One of the main challenges facing the medical sector for decades is the decline of the
state o
Running head: ABNORMAL CHOLESTEROL AMONG YOUTHS
1
ABNORMAL CHOLESTEROL AMONG YOUTHS
Abnormal Cholesterol among Youths
Effects of Abnormal Cholesterol in Adolescents in the United States
Introduction
G
Answers
1.
a) The initial margin at the time of purchase = (400*$35) 4,000 (4/100*4000)
= 14,000 4,000 160 = $9,840
b) The initial margin = 35*400 = $14,000
If the price is increased to $40, the profi
Capitalism is an economic system which is based on private ownership of the means of production and
aim at making profits. According to Marx and Engels, modern capitalism emerged primarily as a result
1.
2.
3.
4.
5.
C
A
D (14,600-9,700-400) = 5300
C
B cfw_(40-(70-45)
Production
a) Q = f(K,L) = -161/2+2K1/2L-L2/4
= -161/2+2(16)1/2*16-(162/4)
= -4+2(4)*16-64
= -4+128-64
Q = 60 units
b) K = 16, w = 17
Data on consumption of good 2 in year 2 is missing from the dataset. Also, as usual you do
not directly observe the consumers income. For what values of good 2 consumption in year
2 would you conclude
a)The time it takes to bake a Betty Crocker Supermoist Fudge Cake is normally distributed with a mean
of 35 minutes and a variance of 36 minutes^2. Let baking time, in minutes, be represented by rando
Ad-hoc Statistics Report submitted to the CEO,
Davis & Associates
[Project 1]
Table of Contents
No.
Name of topic
1
Introduction
2
Vacation Frequency Distribution
3
Bar Charts
4
Means
5
Salary Analysi
1. As financial donations have fallen off in the past year, the Museum of Modern Art is
considering ways to increase its total revenue.
a) . In particular, the museum is considering increasing its adm
Week 5 Exercises
Math 425-101: Intro Probability, Spring 2016
1. Suppose that three tiles are removed from a cup that holds 7 blue and 13 yellow tiles. Let X i = 1 if the i-th tile selected is
blue, a
Math 425101 Spring 2016
Final
Name:
You must show your reasoning for each answer to receive credit.
1. Suppose X 1 , . . . , X 1000 are independent, identically distributed random variables with densi
Week 3 Exercises
1.
Math 425-101: Intro Probability, Spring 2016
(a) Let X be the product of the numbers shown on two dice, and let = E[X ]. Find P(X ) .
Note: The original version of this question ha
Week 4 Exercises
Math 425-101: Intro Probability, Spring 2016
1. Suppose X is a continuous random variable such that its cumulative distribution function F (x) = 1/2 + arctan(x)/.
(a) Find the probabi
Week 6 Exercises
Math 425-101: Intro Probability, Spring 2016
1. A group of swimmers leave n pairs of shoes on the shore. A large wave washes away m of the shoes. If the probability of
each shoe being