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Midterm

ECON-1007EL Study Guide - Midterm Guide: Ceteris Paribus, Excess Supply, Problem Set


Department
Economics / Science Èconomique
Course Code
ECON-1007EL
Professor
Daviau Charles
Study Guide
Midterm

This preview shows pages 1-3. to view the full 18 pages of the document.
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Time to Update a Webpage Time to Complete a Bicycle Repair
Rikke 20 minutes 10 minutes
Beth 30 minutes 30 minutes
Opportunity Costs to
Updating a Webpage
Opportunity Costs of a Bicycle
Repair
Rikke 2 bicycles 0.5 webpage update
Beth 1 bicycles 1 webpage update
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