ECON 20A Study Guide - Midterm Guide: Hunter-Gatherer, Economic Equilibrium, Demand Curve
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Is and econ 13 - first midterm examination. Key (correct answered starred * : skaperdas february 1, 2012. Be sure to mark (blacken) the appropriate boxes. (you will not get a grade otherwise. ) India and china have a higher gni per capita than mexico: china had a higher gni per capita than. Nigeria: a and b. in western turkey 27 centuries ago. in ancient greece 27 centuries ago, egypt 8000 years ago. in iraq 8000 years ago. Sweden and finland produce only two goods, herring and cell phones. This table shows the maximum amount that each nation can produce of the two goods. Assume the production possibilities frontier is linear and sweden and finland are the only two countries that can trade. Use this information in the questions bellow: the opportunity cost of one herring in. Sweden is: 100,000 herrings, 20,000 cell phones, 5 cell phones, 1/5 of a cell phone, 5 herrings, the opportunity cost of one herring in.
