ECON 2001.01 Study Guide - Quiz Guide: Scantron Corporation, Comparative Advantage, Empty Rooms

• School: Ohio State University
• Department: Economics
• Course: ECON 2001.01
• Professor: All

Document Summary

On your scantron: under name clearly fill out your last name then your first name; then bubble in the correct letters. You have 50 minutes to finish the quiz. When you are done with your quiz, you must hand in your scantron and this page (please write your name). There are 25 questions total on this quiz. Indicate the answer choice that best completes the statement or answers the question. Juba"s production possibilities frontier: refer to figure 3-7. Jordan"s production possibilities frontier: refer to figure 3-15. She earns per hour for overtime work. Consider the production possibilities curve for a country that can produce sweaters, apples (in bushels), or a combination of the two: refer to figure 2-14. Azerbaijan"s production possibilities frontier: refer to figure 3-21. If the company builds a 31st house, its total cost will increase to . 76 million. Assume that huang and min can switch between producing parasols and producing porcelain plates at a constant rate.