EC120 Study Guide - Midterm Guide: Economic Equilibrium, Demand Curve, Absolute Advantage
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EC120 Full Course Notes
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Uw students add a 0 to the end of your 8 digit uw id number: fill in box a in the column marked test form , answer all 50 questions by completely filling in the box. If you change an answer then completely erase your previous answer: you have 90 minutes. You can keep the question paper and are advised to record your answers on it: there are 50 multiple-choice questions. You will be given one mark for each correct answer and zero marks for missing, incorrect or multiple answers: non-programmable calculators are allowed. The opportunity cost of 1 pound of meat for the farmer is. Rancher: 1 hour of labour, 2 hours of labour, 2 pounds of potatoes, 1/2 pound of potatoes, both b and d are correct. Lead is an important input in the production of crystal. If the price of lead increases, all else equal, we would. Workers at a bicycle assembly plant currently make minimum wage.
