MGEA02H3 Study Guide - Final Guide: Economic Surplus, Shortage, Horse Length

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MGEA02H3 Full Course Notes
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MGEA02H3 Full Course Notes
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______________________________ (write down the time and day of the tutorial you regularly attend) Detach this sheet - you will only turn in this sheet. Using capital letters, print your answers to all multiple. Your exam will not be returned to you: _________ 8. If two multiple choice answers both seem to be approximately correct, choose the best of the two answers. Write answers to the multiple choice questions on this front sheet. If answers are not written on this sheet, there will be no marks given for answers. Note: this exam consists of 8 pages, including this cover page. Make sure that all pages are included in your exam, and notify an invigilator immediately if any are missing. The point x = 8, y = 9 is: Each correct answer is worth 4 marks (there is no deduction for wrong answers). A country produces goods x and y and has the following equation for its production possibilities frontier: