Economics 1021A/B Study Guide - Final Guide: English Auction, Allocative Efficiency, Scantron Corporation

• School: Western University
• Department: Economics
• Course: Economics 1021A/B
• Professor: Medeiros

Document Summary

Instructions: place your valid uwo student id card on the edge of your desk. Other items allowed on your desk include pencil, pen, eraser, ruler and nonprogrammable/nongraphing calculator. Use of electronic devises (cell phones, ipods, ipads, laptops, etc. ) and dictionaries are not allowed during the exam: there are several versions of the exam. Check to make sure that the precoded version number on the scantron sheet matches the version of the exam you are writing. Print your name, student number and section number on the scantron sheet. Your section number is 001: the exam consists of 50 multiple choice questions worth one mark each. Record your answers on both the scantron sheet and the question paper because only the question paper will be returned to you. You get 60 percent on your test compared with the 75 percent that you normally score. ________ a tradeoff ________, and the opportunity cost of your evening at the movies was.