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Midterm

[Exam Tutorial] ECO206 Term Test 1 Topic 4 Related Past Test Question Solutions

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Department
Economics
Course
ECO206Y1
Professor
All Professors
Semester
Fall

Description
Summary of Questions to be asked: • Calculate and illustrate optimal bundles ofleisure and consumption given a utility function and the time constraint and budget constraint • Calculate and illustrate effects of changes in wages and non-wage income • Effect of government imposition oftaxes/grants further covered in Topic 5 Related Past Term Questions: G- 2009 Midterm I Question 3 0,.e.) 30,) Q()(ldin «o»: pt~ U')c..e5 V1b /I)GOY1L ef{ect ~ '¢3~ ~-tr~! L& Vt; worlL tww!> t 1Lfrh:. Ih .J \o~ (--Ufo -r-)IO ~ b(t\M o1 \~o(' sv,.p"PU-j de.ciGioC"\ a t A . o C:, K 3b)(f~ := ',flcU::5O"'of $1.j0 (/ei5w'eJ 01\ ''. \ 'w ore-~ ISIS" * rt\ove.rt\~rf:rdY\ 160 ....____..,t1- ~ A -toe::, ,'s t'M..-$~h~'o" ~oa~r.~~(S G ) (_quD';)~II'N.9V') L ......- 1_~~ r.i.: i7{_."O \00 0-.rMo ~ ProM 'e>t-o C ~r(.u:, v+ . ~ (..!t1~ "/'~s~.) o/tJ.Aj .,'(C· * ieisu«: t Ltl00r su..PPL4 ~ (~~ lh (¥-) t1eJopv'moJ.- b~ @ C-
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