A blog for CinciDood's (aka Atomic Kid, aka Jack Julian) microeconomics course at IUP. Refresh page to ensure you are reading the most current entries.

Thursday, September 20, 2007

Answer Key for sample test 1 *MY BAD*

Unfortunately I did not read the comments to the answer key. I was called out a few times on my answer to problem 1. You are correct, it is NOT D. The answer is C.

I guess I was expecting an alert via email or AIM. Anyway, I apologize for the confusion. I know the same questions showed up on the real test. They are not fully scored but I will make sure that anyone who answered D because this key said D will be properly awarded the point.

But just to be clear: our wants are unlimited, but resources are limited.

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