MODR 1710 Study Guide - Final Guide: Scantron Corporation, Social Cost, Marginal Product

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Instructions: calculators, digital dictionaries, cell phones, pagers, or other electronic devices are not allowed. All such devices as well as all books, papers, knapsacks, and briefcases must be left at the front of the lecture hall. The only items you may have at your seat are pens, pencils, student id, purse, and coat. Record your answer on the scantron form provided. Please fill in your name and student number. Choose the one alternative that best completes the statement or answers the question. Suppose the demand for rental housing is shown by demand curve d1, and there is a rent ceiling of per room. 1: a month, a month, a month, a month, cannot be determined from the graph, but we know it is greater than . 1: when the income effect dominates the substitution effect, what is true of the supply curve for.