ECN 1A Final: Exam Practice at UC Davis

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8 Jan 2019
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55 points multiple choice and 5 points short answer. Your student id number: ___ ___ ___ - ___ ___ - ___ ___ ___ ___ Write your name (last name first, subject, date and your registered section number in the boxes on the scantron form as illustrated below: Enter your student id number in the id number section on your scantron and fill in your test form but leave the subj score section of the scantron blank. Multiple choice questions (1 point each): indicate the answer choice that best completes the statement or answers the question. Responses must be recorded on your scantron for grading: saddle shoes are not popular right now, so very few are being produced. If saddle shoes become popular, then how will this affect the market for saddle shoes: the supply curve for saddle shoes will shift right, which will create a surplus at the current price.