Economics 1021A/B Study Guide - Midterm Guide: Economic Equilibrium, Average Variable Cost, Fixed Cost

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ECON 1021A/B Full Course Notes
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ECON 1021A/B Full Course Notes
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London canada: rivers economics 1021b-001 march 18, 2012. In order to get credit for a question, you must record the correct answer on your. No credit will be given for answers recorded in your question packet: you may have pencils, erasers, your student card, and a non-graphing, non- programmable calculator at your desk. And all scrap paper you have been provided). Choose the one alternative that best completes the statement or answers the question. What is david"s real income: , , , 5 movie tickets or 15 bus tickets, 15 movie tickets or 5 bus tickets, david has an income of to buy movie tickets and bus tickets. The price of a movie ticket is and the price of a bus ticket is . What is the relative price of a bus ticket in terms of movie tickets: 1/3 movie tickets, 15 movie tickets, , , 2 movie tickets.