ECON 2000 : ECON 2000 Exam 3
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Office hours (39 allen): mon, 10/18, 12:30 2:30 pm. Econ 2000 exam 3 review: it is essential to establish specific criteria to judge the performance of any economic system. ,000 of costs for high-income and middle-class families. By producing where p = mc, the firm will be producing ___________ the efficient amount of steel: more than, less than, exactly, sometimes more and sometimes less than. The key issue surrounding the u. s. with other major sports leagues. Their market shares are as follows: 65%, 15%, 9%, 11 each with 1%. 65^2+15^2+9^2+11=4225+225+81+11=4,542: suppose two firms plan a merger that will increase the herfindahl-herschman index from 1,300 to 1,350. 14 and game theory, know graphs for monopoly and monopolistic competition. There will be no graphs on the test, but he will ask questions about these graphs. Know how to calculate hhi and expected value.