ECON 201 Study Guide - Final Guide: Saurer, Shap, Marginal Product

• School: Concordia University
• Department: Economics
• Course: ECON 201
• Professor: All

Document Summary

The exam consists of two parts. (i) part i: 35 multiple-choice questions (35 marks); (ii) part ii: choose 5 out of 6 long questions (65 marks). Write your name, student id and answers for the multiple-choice questions on the computer scan- sheet with a pencil. Please, also write the version of the exam on the computer scan-sheet. Ii, write all your answers on this exam. You are allowed to use a non-programmable calculator and a paper dictionary, provided that they are approved by the invigilator(s). You may use either pen or pencil to provide your answers for part ii. You are not allowed to tear any pages out of this exam. Write your answers on the computer sheet in: with an infinitely elastic supply curve, the incidence of a specific tax on a good will. In the figure above, assume that the market was at equilibrium and that demand increases by 20 units.