MGEA02H3 Study Guide - Midterm Guide: Economic Surplus, Iphone, Horse Length

• School: UTSC
• Department: Economics for Management Studies
• Course: MGEA02H3
• Professor: All

Document Summary

Only non-programmable calculators are permitted for this test. Part i: 35 multiple choice questions (35 marks) If two multiple choice answers seem correct, choose the better of the two answers. Print your answers to all multiple choice questions in capital. You must use a pen: _______, _______, _______, _______, ________ _______: _______, _______, _______, _______, _______, _______, ________ Part ii: 5 short explanation questions worth 1 mark each (5 marks) Part ii: 2 graphical/analytical question for a total of 10 marks. _______: _______, _______, _______, _______, _______, _______, _______, _______, _______, _______, _______, _______, _______, _______, ________ Write the answer to this question in the space below the question. Use the back of any page for rough work. On the front page of this exam, write the capital letter that. Corresponds to the best answer for each multiple choice question. Questions 1 to 5 concern the market for iphones in the short-run.