ECON 110 Lecture Notes - Lecture 1: Economic Equilibrium, Midpoint Method, Equilibrium Point

• School: Queen's University
• Department: Economics
• Course: ECON 110
• Professor: Ian James Cromb

Document Summary

2011/2012: due: by friday october 28, 2:00 pm. Completed assignments should be placed in the slot marked for your section in the white assignment collection box on the 2nd floor of dunning hall. Late assignments will not be accepted: use the cover page when submitting assignments, group work: maximum four per group, all students must be registered in the same section of the same course. Names must be in alphabetical order on the cover page: graded work will be available for pick-up beginning on the afternoon of friday november 11 in the econ. You will require your student card: this assignment covers material from chapters 4-6 of the text. Explain why each of the following statements is true, false, or uncertain according to economic principles. If the toronto blue jays baseball team wants to increase revenue, the club should raise ticket prices. Assume the blue jays stadium is never full. ]