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All Educational Materials for ECON 3411 at York University (YORKU)

YORKECON 3411Ying KongFall

ECON 3411- Midterm Exam Guide - Comprehensive Notes for the exam ( 118 pages long!)

118 Page
16 Feb 2018
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YORKECON 3411Ying KongFall

ECON 3411- Final Exam Guide - Comprehensive Notes for the exam ( 118 pages long!)

118 Page
29 Mar 2018
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YORKECON 3411allFall

Chapter 9 Solution.pdf

4 Page
22 Sep 2014
Solving yields q = 135 units: p = mc = , each firm earns zero economic profits, oil production. Each firm produces output independently and the market
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YORKECON 3411Jeff QuattrociocchiSummer

ECON 3411 Study Guide - Quiz Guide: Average Variable Cost, Substitute Good, Variable Cost

7 Page
17 Jun 2016
Econ 301 homework chapter 5: a firm can manufacture a product according to the production function: Q = f(k,l) = k3/4l1/4: calculate the average produc
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YORKECON 3411Ying KongWinter

ECON 3411 Study Guide - Final Guide: Bertrand Competition, Dvd, Photocopier

101 Page
29 Jul 2015
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YORKECON 3411Jeff QuattrociocchiSummer

ECON 3411 Study Guide - Midterm Guide: Southwest Airlines, Marginal Cost, Marginal Utility

9 Page
17 Jun 2016
Questions: a potential entrepreneur is trying to decide whether to open a new health spa. What would you expect to happen to the market for the followi
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YORKECON 3411allFall

ECON 3411 Study Guide - Oligopoly, Kodak, Horizontal Integration

5 Page
22 Sep 2014
The four-firm concentration ratio is: the hhi is, the four-firm concentration ratio is 100 percent, if the firms with sales of ,000 and ,000 were allow
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YORKECON 3411allFall

Chapter 5 Solution.pdf

6 Page
22 Sep 2014
Chapter 5: answers to questions and problems: when k = 81 and l = 16, q = (81)0. 75(16)0. 25 = 54. When k = 81 and l = 256, q = (81)0. 75(256)0. 25 = (
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YORKECON 3411allFall

ECON 3411 Study Guide - Marginal Cost, Insider Trading, Risk Neutral

5 Page
22 Sep 2014
Chapter 12: answers to questions and problems: the expected value of option 1 is. The expected value of option 2 is: the variance of option 1 is. Simil
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YORKECON 3411allFall

ECON 3411 Study Guide - Peanut Oil, Fixed Cost, Oligopoly

5 Page
22 Sep 2014
You could instead calculate the area of the triangle under demand and above the mc/ac curve to get 5(0. 5(18-8)) = . In addition, we must be able to pr
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Frequently-seen exam questions from 2014 - 2018.
YORKWinter

ECON 1010 Study Guide - Final Guide: Association To Advance Collegiate Schools Of Business, Pearson Education, Technological Change

31 Page
9 Feb
Aacsb: reflective thinking: in 2010, northland had real gdp of . 21 billion and a population of 2. 98 million. What was northland"s economic growth rat
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YORKWinter

ECON 1010 Study Guide - Final Guide: Ceteris Paribus, Aggregate Demand, Aggregate Supply

37 Page
9 Feb
Chapter 28 canadian inflation, unemployment, and business cycle. Topic: inflation cycles: demand-pull inflation occurs when, aggregate demand increases
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YORKWinter

ECON 1010 Study Guide - Final Guide: Aggregate Supply, Pearson Education, Aggregate Demand

40 Page
9 Feb
Which graph illustrates what happens when factor prices decrease: (a, (b, (c, (d, (a) and (b) Parkin/bade, economics: canada in the global environment,
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YORKWinter

ECON 1010 Study Guide - Final Guide: Disposable And Discretionary Income, Pearson Education, Chapter 27

51 Page
9 Feb
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YORKWinter

ECON 1010 Study Guide - Final Guide: Core Inflation, Pearson Education, Canada Act 1982

29 Page
9 Feb
Topic: monetary policy objective and framework: how is responsibility for monetary policy set forth in canada, the canadian government administers mone
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YORKWinter

ECON 1010 Study Guide - Final Guide: Foreign Exchange Market, The Foreign Exchange, Currency Appreciation And Depreciation

34 Page
9 Feb
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YORKWinter

ECON 1010 Study Guide - Final Guide: Association To Advance Collegiate Schools Of Business, Pearson Education, Financial Institution

54 Page
9 Feb
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YORKFall

ECON 1000 Study Guide - Midterm Guide: Natural Monopoly, Pearson Education, Marginal Product

41 Page
8 Nov 2019
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YORKFall

ECON 1000 Study Guide - Midterm Guide: Association To Advance Collegiate Schools Of Business, Non-Renewable Resource, Pearson Education

37 Page
8 Nov 2019
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YORKFall

ECON 1000 Study Guide - Midterm Guide: Perfect Competition, Market Price, Marginal Revenue

45 Page
8 Nov 2019
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YORKECON 3411Ying KongFall

ECON 3411 Lecture 10: Econ 3411 Lecture 10

2 Page
19 Jan 2018
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 24: Xm Satellite Radio, Market Rate, Indifference Curve

4 Page
19 Jan 2018
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 8: Inverse Demand Function, Inferior Good, Economic Surplus

3 Page
19 Jan 2018
Are goods x and y: a(cid:374)s(cid:449)er: (cid:1843)(cid:1850) = (cid:1005)(cid:1006),(cid:1004)(cid:1004)(cid:1004) (cid:1007)(cid:894)(cid:1006)(cid
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YORKECON 3411Ying KongFall

ECON 3411 Lecture 16: Econ 3411 Lecture 16

2 Page
19 Jan 2018
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 1: The The

2 Page
19 Jan 2018
Managerial economics defined: eco(cid:374)o(cid:373)ics of effecti(cid:448)e ma(cid:374)age(cid:373)e(cid:374)t. Use marginal analysis: lear(cid:374)i(
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 22: Budget Constraint, Consumer Behaviour, Indifference Curve

4 Page
19 Jan 2018
Changes in prices: consumer equilibrium, comparative statics. Income changes and consumer behavior: applications of indifference curve analysis. Choice
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 9: Ad Valorem Tax, Excise

2 Page
19 Jan 2018
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 33: Instant Messaging, Time Warner, Marginal Cost

3 Page
19 Jan 2018
Multi-product cost function: cost of jointly producing two outputs: economies of scope. Exist when the total cost of producing 1 and 2 together is less
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 7: Demand Curve, Inferior Good, Normal Good

3 Page
19 Jan 2018
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 40: Market Power, Monopolistic Competition, Decision Rule

3 Page
19 Jan 2018
C(q) = 125 + 4q2: determine the profit-maximizing output and price, and discuss its implications, if. You are a price taker and other firms charge per
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YORKECON 3411allFall

ECON 3411 Chapter Notes - Chapter 3: Marginal Revenue, Inferior Good, Lincoln Near-Earth Asteroid Research

16 Page
22 Sep 2014
Chapter 3: answers to questions and problems: when p = , r = ()(1) = . Thus, the price decrease results in an increase in total revenue, so demand is
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YORKECON 3411allFall

Chapter 1 Solution.pdf

7 Page
22 Sep 2014
Here, southwest is a producer attempting to steal customers away from other producers in the form of lower prices. Mnb(3) = 24 8(3) = 0: the value of t
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YORKECON 3411allFall

Chapter 2 Solution.pdf

9 Page
22 Sep 2014
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YORKECON 3411sqWinter

ECON 3411 Chapter Notes - Chapter 5: Consumer Choice, Indifference Curve, Demand Curve

3 Page
7 Jul 2015
The concept of utility and the basic assumptions underlying consumer preferences. Explain the equilibrium condition for an individual consumer to be ma
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YORKECON 3411allFall

ECON 3411 Chapter Notes - Chapter 3: Marginal Revenue, Inferior Good, Lincoln Near-Earth Asteroid Research

16 Page
22 Sep 2014
Chapter 3: answers to questions and problems: when p = , r = ()(1) = . Thus, the price decrease results in an increase in total revenue, so demand is
View Document
YORKECON 3411Jeff QuattrociocchiSummer

ECON 3411 Study Guide - Quiz Guide: Average Variable Cost, Substitute Good, Variable Cost

7 Page
17 Jun 2016
Econ 301 homework chapter 5: a firm can manufacture a product according to the production function: Q = f(k,l) = k3/4l1/4: calculate the average produc
View Document
YORKECON 3411Ying KongWinter

ECON 3411 Study Guide - Final Guide: Bertrand Competition, Dvd, Photocopier

101 Page
29 Jul 2015
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YORKECON 3411Jeff QuattrociocchiSummer

ECON 3411 Study Guide - Midterm Guide: Southwest Airlines, Marginal Cost, Marginal Utility

9 Page
17 Jun 2016
Questions: a potential entrepreneur is trying to decide whether to open a new health spa. What would you expect to happen to the market for the followi
View Document
YORKECON 3411Ying KongFall

ECON 3411- Final Exam Guide - Comprehensive Notes for the exam ( 118 pages long!)

118 Page
29 Mar 2018
View Document
YORKECON 3411Ying KongFall

ECON 3411- Midterm Exam Guide - Comprehensive Notes for the exam ( 118 pages long!)

118 Page
16 Feb 2018
View Document
YORKECON 3411allFall

ECON 3411 Study Guide - Peanut Oil, Fixed Cost, Oligopoly

5 Page
22 Sep 2014
You could instead calculate the area of the triangle under demand and above the mc/ac curve to get 5(0. 5(18-8)) = . In addition, we must be able to pr
View Document
YORKECON 3411allFall

ECON 3411 Study Guide - Oligopoly, Kodak, Horizontal Integration

5 Page
22 Sep 2014
The four-firm concentration ratio is: the hhi is, the four-firm concentration ratio is 100 percent, if the firms with sales of ,000 and ,000 were allow
View Document
YORKECON 3411allFall

Chapter 1 Solution.pdf

7 Page
22 Sep 2014
Here, southwest is a producer attempting to steal customers away from other producers in the form of lower prices. Mnb(3) = 24 8(3) = 0: the value of t
View Document
YORKECON 3411allFall

Chapter 5 Solution.pdf

6 Page
22 Sep 2014
Chapter 5: answers to questions and problems: when k = 81 and l = 16, q = (81)0. 75(16)0. 25 = 54. When k = 81 and l = 256, q = (81)0. 75(256)0. 25 = (
View Document

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YORKECON 3411Ying KongFall

ECON 3411- Final Exam Guide - Comprehensive Notes for the exam ( 118 pages long!)

118 Page
29 Mar 2018
View Document
YORKECON 3411Ying KongFall

ECON 3411- Midterm Exam Guide - Comprehensive Notes for the exam ( 118 pages long!)

118 Page
16 Feb 2018
View Document
YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 24: Xm Satellite Radio, Market Rate, Indifference Curve

4 Page
19 Jan 2018
View Document
YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 17: Inverse Demand Function, Marginal Revenue, Demand Curve

3 Page
19 Jan 2018
Topic: elasticity and marginal revenue: the marginal revenue can be derived from a market demand curve. Marginal revenue measures the additional revenu
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 32: Marginal Cost, Fixed Cost, Variable Cost

4 Page
19 Jan 2018
Mc cuts both atc and avc at their minimum points. Whenever the marginal cost is less than the average of that cost, the average cost must fall. As long
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 33: Instant Messaging, Time Warner, Marginal Cost

3 Page
19 Jan 2018
Multi-product cost function: cost of jointly producing two outputs: economies of scope. Exist when the total cost of producing 1 and 2 together is less
View Document
YORKECON 3411Ying KongFall

ECON 3411 Lecture 16: Econ 3411 Lecture 16

2 Page
19 Jan 2018
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 9: Ad Valorem Tax, Excise

2 Page
19 Jan 2018
View Document
YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 25: Completeness (Order Theory), Complementary Good, Equilibrium Point

4 Page
19 Jan 2018
Consumer equilibrium in action: consider the following consumer market information: No: propose a solution to bring the consumer to an equilibrium poin
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YORKECON 3411Ying KongFall

ECON 3411 Lecture Notes - Lecture 40: Market Power, Monopolistic Competition, Decision Rule

3 Page
19 Jan 2018
C(q) = 125 + 4q2: determine the profit-maximizing output and price, and discuss its implications, if. You are a price taker and other firms charge per
View Document

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