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, April 07, 2010

Answer key to sample problems for test 3

Here is the answer key I came up with. Let me know if you think any of them are incorrect. (It might serve you well to check back later or in the morning in case any changes are made.) Also, make sure you read he previous post from today.

1-D, 2-C, 3-D, 4-A, 5-C, 6-D, 7-C,
8-A, 9-D, 10-B, 11-A, 12-B, 13-B,
14-B, 15-B, 1-B, 17-A, 18-B,
19-B, 20-C*, 21-C, 22-A, 23-D, 24-C,
25-B, 26-D, 27-D, 28-A, 29-C, 30-B, 31-C

*remember, when talking about price elasticity we speak in terms of absolute values.

I'm sorry for the delay.

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