Econ 5050 Midterm

Review Test Submission: Midterm Exam

Content

|User |Michael A. Gold |

|Submitted |10/28/12 11:49 PM |

|Status |Needs Grading |

|Score |14.5 out of 25 points |

|Time Elapsed |3 hours, 16 minutes out of 28 seconds out of 3 hours. |

|Instructions | |

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[pic]Question 1

0.5 out of 0.5 points

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|[pic] |A firm will maximize profit by producing that level of output at which | | | |

| |Answer | | | |

| |Selected Answer: | | | |

| |[pic]d. | | | |

| |both a and b | | | |

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[pic]Question 2

0.5 out of 0.5 points

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|[pic] |St. Charles Hospital, located in an upper-income neighborhood of a large city, recently received a restored...