ECO 304K Final: ECO304K Exam 1A 2015 Fall

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ECO 304K Full Course Notes

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Do all 8 of the problems from that section. Do only 1 of the 2 problems from that section. Failure to do a sufficient number of problems in any section, because of missing pages, or not following directions, will result in complete loss of points for that problem. Doing extra problems in any section will not gain you anything, and take time away from working other problems. All answers must be put on the answer document. You must turn in your questions with your answer document. The questions will be returned with your answers. Section i: daria is asked a question where the price of a complement to good a decreases. Daria responds that this increases the price of good a since the change in the price of the complement increases the demand, and the price increase decreases the supply of good. Which of the following statements could be true: the equilibrium price is .

Related Questions

1. Three fundamental economic questions

A manager asks an employee, "Should we use our research budget to improve the quality of the products we already make, or to develop new products?"

The manager's question is best classified as which one of the following fundamental economic questions?

a)For whom to produce

b)What to produce

c)How to produce

2. Scarcity, opportunity cost, and marginal analysis

Crystal is training for a triathlon, a timed race that combines swimming, biking, and running.

Consider the following sentence: Because her pool sessions are helping her swim more quickly, Crystal plans to reduce by 1 hour per week the time she spends training on the bike and increase by 1 hour the time she spends in the swimming pool; however, her husband says that she should stop doing any biking and running and spend all 20 hours per week in the pool.

Which basic principle of individual choice does Crystal's plan illustrate that her husband's advice does not?

a)People usually exploit opportunities to make themselves better off.

b)Many decisions are made on the margin.

c)Resources are scarce.

d)All costs are opportunity costs.

Juanita is a hard-working college freshman. One Tuesday, she decides to work nonstop until she has answered 250 practice problems for her physics course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem.

Time	Total Problems Answered
8:00 AM	0
9:00 AM	100
10:00 AM	175
11:00 AM	225
Noon	250

Use the table to answer the following questions.

1) The marginal, or additional, gain from Juanitaâs second hour of work, from 9:00 AM to 10:00 AM, is---------problems.

2) The marginal gain from Juanitaâs fourth hour of work, from 11:00 AM to noon, is------------problems.

Later, the teaching assistant in Juanitaâs physics course gives her some advice. âBased on past experience,â the teaching assistant says, âworking on 62.5 problems raises a studentâs exam score by about the same amount as reading the textbook for 1 hour.â For simplicity, assume students always cover the same number of pages during each hour they spend reading.

Given this information, in order to use her 4 hours of study time to get the best exam score possible, how many hours should she have spent working on problems and how many should she have spent reading?

a) 0 hours working on problems, 4 hours reading

b) 1 hour working on problems, 3 hours reading

c) 2 hours working on problems, 2 hours reading

d) 4 hours working on problems, 0 hours reading

The subject is African Economy

Would it be reasonable to restrict foreign aid so that we only give aid to nations that do not have significant levels of corruption? Why or why not? What challenges would this present and how might you suggest overcoming these challenges, if at all?

Now you will complete the assignment by preparing a short paper as follows:

In section one, identify and discuss the challenges you would identify in restricting foreign aid as described above.
In section two, give your own answer to the question, taking into account the challenges identified in section one. That is, you may answer yes or no to the initial question of whether to restrict foreign aid to nations that do not have significant levels of corruption, but your answer should address the concerns in section one regardless of which way you go.
Your short paper should not exceed two pages in length, double spaced, 10-12 pt. font, one inch margin. I will not be measuring any of these things, though, and offer them more as a guide to what I expect. If you are a bit over or under, that's okay. The substance of your answer is what I base the grade on.

Paralegal Studies

Test Four

50 points - Due before 11:00 p.m. Monday

Section One
10 points

Use WestlawÂ® to locate the following case and provide the complete citation:

579 F.2d 1200

1. Name the prevailing parties in the trial court proceeding.

2. Name the trial court. Also name the appellate court.

3. What kind of case is it?

4. In your own words, provide a summary of the facts of the case

5. What are the issues on appeal?

6. Who wrote the opinion?

7. What is the docket number?

8. On what date did the court issue the decision and how did the court rule?

9. Provide the text of Headnote [6] as well as the name of the author referenced in the portion of the text which is summarized by that headnote.

10. Provide the name of the attorney or attorneys who represented the appellants.

Section Two
15 points

Using WestlawÂ® KeyCite the following case:

Parker v. State of Oklahoma, 556 P.2d 1298 (Okla. Crim. App. 1976).

A) How many citing references does the case provide?

B) Has a Maryland case cited the Parker case? If so, provide the case citation for the citing case.

C) Has a Connecticut case cited the Parker case? If so, provide the citation for the citing case.

D) How many of the citing cases are no longer good law? Provide the citation to the case or cases.

E) Have any legal encyclopedias cited Parker? If so, provide the citation to each of the articles.

Section Three
5 points

Your attorney has asked you to determine whether any cases have cited Headnote [6] as referenced in Question 9 of Section One above.

Using proper citation, please provide any citing references you have located.

Please describe your process for locating this information.

Section Four
5 points

Complete assignment 11.7 on page 532 in Statsky.

Section Five
5 points

Complete assignment 13.8 on page 586 in Statsky

Section Six
10 points

Use Your Appellate Brief Scenario to answer this section

Phrase the legal issue or issues as they will be raised on appeal.

Using WestlawÂ®, locate, correctly cite and provide a summary of at least one mandatory court opinion that you can argue in Kantâs appeal.

ECO 304K Final: ECO304K Exam 1A 2015 Fall

ECO 304K Full Course Notes

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