# OC58103

Camellia has recently graduated from the Management and Accounting Co-op Program at the University of Toronto Scarborough Campus, with a current CGPA of 3.98 and many scholarsh...

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UTSCMGEA02H3allFall

## MGEA02 Term Test 2

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13 Nov 2013
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UTSCMGEA02H3allFall

## MGEA02H3 Study Guide - Midterm Guide: Opportunity Cost

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22 Oct 2013
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Final Guide: Opportunity Cost, Externality

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10 Aug 2013
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Economic Surplus, Demand Curve, Oligopoly

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4 Aug 2013
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Knowledge summary: public goods definition: individuals cannot be excluded from the use of good. Some of the examples would be: fresh air, national def
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UTSCMGEA02H3allSummer

## Production Function, Monopoly Firm, International Trade and Open Economy

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4 Aug 2013
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Tc = f (q: relevant terms and formulas: Total cost (tc) = f (q) = tvc + tfc. Total variable cost (tvc) = price of labor x l. Total fixed cost (tfc) = p
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Midterm Guide: Opportunity Cost

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4 Jun 2013
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Economic Surplus, Demand Curve, Utility

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4 Jun 2013
34
Knowledge summary: total utility is the amount of joy we obtain from consuming a product. Total utility (tu) is a function of the units we consume (q),
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Economic Surplus, Swordfish, Deadweight Loss

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4 Jun 2013
33
Demand, supply and equilibrium: movement and shift of supply/demand curve. When price change, the quantity supplied/consumed will change, thus there wi
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Demand Curve, Product Rule, 21 Questions

OC581037 Page
4 Jun 2013
36
Knowledge summary: elasticity: measures the % change in q for a 1% change in p. E = % change in q / % change in p: formulas: Dtr/ dq = p (1 1/ed) given
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Diminishing Returns, Marginal Cost, Marginal Product

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4 Jun 2013
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Q = flow of output, l = flow of labour services, K = flow of capital services, changes in technology = changes in f. Tr = total revenue, tc = total cos
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Opportunity Cost, Utility, European Cooperation In Science And Technology

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4 Jun 2013
41
Knowledge summary: opportunity of something is the value of the next best alternative given up, in other words, it is the value that was sacrificed in
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Midterm Guide: Demand Curve, Perfect Competition, Scantron Corporation

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4 Jun 2013
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Midterm Guide: Broccoli, Demand Curve, Economic Equilibrium

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4 Jun 2013
47
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Midterm Guide: Scantron Corporation, Economic Equilibrium, Complementary Good

OC581038 Page
4 Jun 2013
45
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UTSCMGEA02H3allSummer

## MGEA02H3 Study Guide - Midterm Guide: Scantron Corporation, Economic Equilibrium, Intranet

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4 Jun 2013
64
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UTSCMGEA02H3allFall

## Production Function Part II

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1 Nov 2012
52
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UTSCMGEA02H3allFall

## International Trade and Open Economy Part III

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1 Nov 2012
46
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UTSCMGEA02H3allFall

## MGEA02H3 Lecture Notes - Complementary Good, Perfect Competition, Substitute Good

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1 Oct 2012
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Demand and supply curve (from fall 2011 term test 1, question 13- 15) The market for swordfish is perfectly competitive, and is in equilibrium. Its sho
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UTSCMGEA02H3allFall

## MGEA02H3 Lecture Notes - Opportunity Cost

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1 Oct 2012
26
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UTSCMGEA02H3allFall

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1 Oct 2012
28
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