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.

Wednesday, March 03, 2010

Answer key to sample problems for test 2

This key is the same for the sample test for both Econ 122 sections (006 and 008), which can be found in my I-drive folder.

I realize some of the questions may be repeats. I hope you got the same answer for both in those cases. And if it seems like the same question is asked several different ways, that is certainly intentional.

Let me know if you think there are any problems with this key. I'm typically good for a typo or an error. I do like to fix my mistakes, if any.

1-C, 2-D, 3-A, 4-B,
5-D, 6-C, 7-B,
8-A, 9-C, 10-B, 11-B, 12-C, 13-C,
14-C, 15-A, 16-C, 17-A,
18-B, 19-A, 20-D, 21-A, 22-D,
23-D, 24-B, 25-C, 26-B, 27-A,
28-D, 29-B, 30-C, 31-C, 32-A, 33-A, 34-A,
35-C, 36-B, 37-C,
38-D, 39-D, 40-B, 41-D, 42-B, 43-C, 44-A,
45-A, 46-B, 47-B, 48-A, 49-C, 50-B.

Ok, 48 was a very lousy question, given that we have not talked about elasticity yet. That is next on our agenda. You will NOT get a question like 48.

If not already, the answer keys to HW4 and HW5 will be posted on the I-drive.

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