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ECN 200 - Catalina HS - Workshop 1

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Name:
Economics 201
Catalina H.S.
Assignment for Market Workshop ? March 30, 2005

In this workshop we will discuss how the voluntary interactions of people within the market result in the production of the goods and services that society wants and needs. Attendance at the workshop is optional and those who choose not to attend can still earn up to</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/03/ecn-200-catalina-hs-workshop-1.html">This post originally appeared on an external website</a></div>

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ECN 200 MCHS - Homework 9

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200

Homework 9
Assigned April 5, 2005
Due April 12, 2005

Read the attached article, entitled More Aid? Sounds Great; But Wait, by Judy Shelton form the February 15, 2002edition of the Wall Street Journal, page A-16 (ISSN: 00999660) and answer the questions below. NOTE: copies of the article are available on-line at:

Wall Street Journal Online (subscription required)

Tucson Pima</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/04/ecn-200-mchs-homework-9.html">This post originally appeared on an external website</a></div>

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Econ 200 MVHS - Homework 10

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200

Homework 10
Assigned April 12, 2005
Due April 19, 2005

1 (10 points) Assume there are two people in the class who are excellent students and have received 'A's' in every class they have taken. Everyone in the class, except the instructor, knows that these two students are intelligent and put a lot of effort into study. Both of these straight 'A' students are carrying a full</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/04/econ-200-mvhs-homework-10.html">This post originally appeared on an external website</a></div>

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Econ 200 MVHS - Homework 11

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200

Homework 11
April 19, 2005


1. (6 points) Explain what the game "Prisoner's Dilemma" is and what it explains about prisoner's decision making when in the game situation.


2. (6 points) Explain what will happen if firms in a monopolistic competitive industry are earning positive profits.


3. (5 points) Discuss the important provisions of the Sherman Antitrust Act of 1890.</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/04/econ-200-mvhs-homework-11.html">This post originally appeared on an external website</a></div>

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Econ 200 MVHS - Homework 12

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200

Homework 12
April 26, 2005


1. (8.5 points) What would make the demand for labor more elastic?


2. (8.5 points) A local cable company, the sole provider of cable television service, is regulated by the municipal government. The owner of the company claims that she is normally opposed to regulation by government, but asserts that regulation is necessary because local residents</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/04/econ-200-mvhs-homework-12.html">This post originally appeared on an external website</a></div>

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Econ 200 MVHS - Homework 13

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200

Homework 13
May 3, 2005


1. (8.5 points) How can discrimination cause differences in earnings? Can discrimination also influence the productivity of a worker? Explain.



2. (8.5 points) Explain how the optimal quantity of air pollution is determined.</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/04/econ-200-mvhs-homework-13.html">This post originally appeared on an external website</a></div>

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Econ 200 Assignment 6

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200
Summer 2005
Assignment 6


Read the article Imports? Never! and answer the following questions.

1 (10 Points) According to the author, which of the two scenerios ? cheap foreign imports or expensive foreign imports (with "cheap" and "expensive" being relative to domestic American prices for these products) are bad for the U.S. economy? Why?

2 (10 Points) What does the author</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/05/econ-200-assignment-6.html">This post originally appeared on an external website</a></div>

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Econ 200 Assignment 5

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200
Summer 2005
Assignment 5

Click here or contact instructor for Reducing Poverty by Reducing Government article.
1 (10 Points) According to the author, how would the poor benefit if the minimum wage laws were repealed?

2 (10 Points) What "pro union" legislation does the author call for to be repealed? Describe the legislation and how its repeal would help the poor.

3 (10</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/05/econ-200-assignment-5.html">This post originally appeared on an external website</a></div>

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Econ 200 Take Home Test 4

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200
Test 4
Summer 2005

Multiple Choice (5 points each):

1. A profit maximizing cartel should produce where:

(a) price equals average cost.
(b) marginal cost equals average cost.
(c) price equals marginal cost.
(d) marginal revenue equals demand.
(e) marginal cost equals marginal revenue.

2. A</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/05/econ-200-take-home-test-4.html">This post originally appeared on an external website</a></div>

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Econ 200 Assignment 4

by Air Navigator In reply to Supply & Demand

<div xmlns="http://www.w3.org/1999/xhtml">Economics 200
Summer 2005
Assignment 4

1 (1 Point Each) Clearly define each of the following terms:

- FIXED INPUT

- VARIABLE INPUT

- LONG RUN

- SHORT RUN

2 (7 Points) What is accounting profit and how does it differ from economic profit?

3 (7 Points) What is economic profit and how does it act to get producers to produce the type and amount of products that consumers desire?

4 (7</div><p><div class="blogdisclaim"><a href="http://nugent-economics.blogspot.com/2005/05/econ-200-assignment-4.html">This post originally appeared on an external website</a></div>

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