ECO 201 Study Guide - Final Guide: Sunscreen, Economic Equilibrium, Opportunity Cost
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Keep your eyes on your own paper and come to the front one at a time if you have a question. You will have 75 minutes to complete this exam. Unique id and bubble in your form # on. Failure to do so correctly will result in. Consider the two countries with production possibilities frontiers as shown below. Use the information from the diagrams in order to answer the questions 2-6: suppose that country x is making 2 units of b and that no trade is occurring. Consider the following market for sunscreen for questions 4-8: 15,000: the equilibrium price is, 135,000, 75,000, 15,000, 105,000, 45,000, , , , , . Use the following information to answer questions 6-8. Consider the graph, depicting the market for bread: C: a, b, c, at all regions, cannot be determined, terri runs a smoothie store. This month, terri decreased price by 10% and her total revenue increased by 20%.
