ECO 304K Study Guide - Midterm Guide: Scantron Corporation, Demand Curve, Inferior Good

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2 Oct 2018
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ECO 304K Full Course Notes
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ECO 304K Full Course Notes
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Instructions: please write your name and uteid here: ___________________________________________________________: the exam should include 6 pages (counting this cover sheet). If your exam is missing any pages, please raise your hand: answer the questions in the space provided on the test sheet. Write your name and uteid on each page, and write and bubble them in on the scantron sheet. All exams must be turned in by the end of the class period, at 4:45. Late exams will get a score of zero. Turn in all pages: you are a good economist. Allocate your time accordingly do the easy questions first. Exams will be scanned before they are returned: scores for the exam are as follows: Last name:_____________first name:______________uteid:________: demand for elsa costumes is given by the expression p = 2,000,100 1000qd. The costumes are produced by a profit-maximizing monopolist. The (constant) marginal cost of producing an elsa costume is .