ECON 103 Final: ECON 103 Final Exam

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31 Jan 2019
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Students must count the number of pages in this examination. Paper before beginning to write, and report any. This question paper has 19 pages including this cover page, Section 1: 40 multiple choice questions (60 marks) Please write your answers on the scan sheet provided: a friend comes up to you and offers to give you a free ticket to the local professional team"s baseball game that night. It takes five hours to go to the game and costs you for transportation. If you had not attended the game, you would have worked at your part-time job for an hour. If they only make milkshakes, then in a single day sarah can produce 10 milkshakes while abe can produce 4 milkshakes. Economics 103: (figure: demand for coconuts) the accompanying figure shows the demand for coconuts. If they want to increase sales by 5%, they will have to lower price by: 0. 1, 1, 5, 50%

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