ECO 304K Study Guide - Midterm Guide: Demand Curve, Opportunity Cost, Competitive Equilibrium

• School: UT-Austin
• Department: Economics
• Course: ECO 304K
• Professor: All

Document Summary

1eco 304k: introduction to microeconomics unique # 34430 fall 2013 prof. wiseman midterm 1 instructions: 1. Please write your name and uteid here: last name:________________________________________________ first name:________________________________________________ eid:________________________________________________________ 2. 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. You will only get credit for pages with your name and uteid. Unless a question indicates otherwise, you may assume that market supply and demand curves are neither perfectly flat nor perfectly vertical. All exams must be turned in by the end of the class period, at 4:45. Late exams will get a score of zero. Allocate your time accordingly do the easy questions first. Exams will be scanned before they are returned.