ECO204Y1 Study Guide - Midterm Guide: Opportunity Cost, Utility Model, Production Function

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25 Oct 2018
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University of toronto | department of economics | eco 204 | summer 2013 | ajaz hussain. Do not have a cell phone on your desk or on your person. You cannot leave the exam room during the last 10 minutes of the test. Stay seated until all tests have been collected and the proctors announce that you can leave the room. If you detach any pages from the test, then you must re-staple these loose pages to the test. 9-digit student id # (as it appears in rosi) Total points = 100: ajaz hussain, dept. of economics, university of toronto (stg) Ajax airlines (aa) operates contractual and commercial cargo flights between toronto and montreal. Exhibit 1 contains the number of hours aa operated contractual and commercial cargo flights each month in 2013q1. Aa charges commercial customers ,000/hour and under the terms of the contracted flights, the average monthly revenues are capped at ,000.