| |EXAMINATION: |DATE: |TIME: 3 hours |# OF PAGES: | |MIDTERM EXAM |SUNDAY February 13th‚ 2011 |10:00 – 13:00 |11 (including cover) | |Instructors: Ms. Brivot‚ Mr. Hutchison‚ Mr. Kopczynski‚ Mr. Tenenbaum.
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Questions 2. Assume a monopolist faces a market demand curve P = 100 – 2Q‚ and has the short-run total cost function C = 640 + 20Q. What is the profit-maximizing level of output? What are profits? Graph the marginal revenue‚ marginal cost‚ and demand curves‚ and show the area that represents deadweight loss on the graph. 3. In question 2‚ what would price and output be if the firm priced at socially efficient (competitive) levels? What is the magnitude of the deadweight loss caused by monopoly
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AFM 391 Winter 2011 Intermediate Financial Accounting 2 University of Waterloo Midterm Exam Solutions Professor Khim Kelly Part A 1) B 2) C 3) A 4) D 5) C 6) B Part B 1) D $4‚000‚000 (IFRS is applicable because Street is listed on TSE‚ no agreement was in place at year end). 2) C PV of $8‚000‚000 at 5% for 15 years. 3) D $540‚000 – $435‚000 = $105‚000 ($600‚000 + $72‚000) – $540‚000 = $132‚000. 4) A 5) C = $2.70. 6) B
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http://www.freerepublic.com/focus/f-news/1101717/posts> * Bized UK 2001‚ The Principle of Comparative and Absolute Advantage‚ viewed 02 Nov‚ 2012. < http://www.bized.co.uk/virtual/dc/trade/theory/th2.htm> * KILAVUZ‚ E‚ ALTAY TOPCU‚ B‚ Erciyes University 2012‚ REVEALED COMPARATIVE ADVANTAGE AND COMPETITIVENESS OF THE TURKISH MANUFACTURING SECTOR IN THE EUROPEANMARKET‚ viewed 02 Nov‚ 2012. * Serin‚ V‚ Civan‚ A 2008‚ Revealed Comparative Advantage and Competitiveness: A Case Study for Turkey towards
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University of Southern California Econ 513 Spring 2012–2013 Prof. Sakata Final Examination Date: Tuesday‚ April 14‚ 2013 Instruction: (a) This is a two-hour‚ closed-book exam. Put away everything but pens‚ pencils‚ erasers‚ and a numeric calculator. (b) Write your name and student ID on the front pages of the exam and its appendix‚ and continue to read this instruction. Do NOT look at other pages‚ however‚ until you are told to start to write the exam. (c) Solve all problems. (d) Fully
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Name__________________ ID _______________________ Midterm Exam MBA501 There are 25 multiple choice questions and each question is worth 3 points. 1) Until recently you worked as an accountant‚ earning $30‚000 annually. Then you inherited a piece of commercial real estate bringing in $12‚000 in rent annually. You decided to leave your job and operate a video rental store in the office space you inherited. At the end
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Ch. 26 1) List and explain the characteristics of the market structure known as monopolistic competition. 2) List some examples of monopolistically competitive firms. 3) Explain‚ graphically and verbally‚ how a firm in monopolistic competition derives its demand curve and marginal revenue (MR) curve. 4) Explain‚ graphically and verbally‚ how a firm in monopolistic competition determines what quantity to produce and what price to charge in order to maximize its profits. 5) Explain the impact
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Name: ___________________________________ First Midterm Examination Economics 101 October 13‚ 2010 This exam has 33 questions. Unless a question explicitly says otherwise‚ assume that all demand curves slope downward‚ all supply curves slope upward‚ and there are no externalities. True/False. Mark box A for True and box B for False. Each blank answer gives you 1 point. Each correct answer adds 2 points to your score. 1. In the presence of a negative externality in the market for a
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Economics 472 Economics of Renewable Resources Final Examination April 21‚ 2012 Time: 2 hours Answer any THREE questions. Do not attempt to answer more than three questions. The three questions that you answer will be given equal weight. 1.(a) Consider now a newly planted stand of trees. What decision rule should be employed for determining the “optimal” investment in the trees – the optimal rotation – given that the stand of trees is being managed on a Single Rotation basis? Explain
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CHEMISTRY 140A NAME (please print) â y MIDTEHM EXAM FrRsT ’ ` LAST OCT 29‚ 2012 Sofomons 10”’ ed (Cp 1 - 4) SIGNATURE v_ _ ID NUMBER g LAST NAME OF PERSON SEAIE’D T0 YOUR RIGHT: __ LAST NAME OF PERSON SEATED T0 YOUR LEFT.’ no NOT OPEN THE EXAM UNTIL You ARE TOLD To Do so. - Please sign your name on the top of pages 1 through 4. - Please check that you have 5 pages (including this one; page 5 is blank for your scratch work). - Answer only in the space provided.
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