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TakeTestFinalExamBBA2501-20M-1A22-S1Principles.htmTake Test: Final Exam
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| Description | |
|---|---|
| Instructions |
The Final Exam is password-protected and may only be opened in the presence of an approved proctor. At this point, you should have already submitted the Proctored Assessment Request, and your proctor would have been sent an email with the password to access the exam. The proctor will enter the password, guarding it against student view. If you have not submitted this form, you should access the form in the myCSU Student Portal and submit as soon as possible to avoid delays in completing your course. Processing time for this request is 2 to 3 business days. Students are permitted 4 hours to complete the exam, and the time limit begins at the time the exam is initially opened. The proctor is required to remain in proximity of the student while the exam is being administered. Exams opened and not submitted within 4 hours will be disqualified and may result in a grade of zero. Use of exam materials includes only the course textbook, eTextbook, or permitted resources in an integrated learning resources course; a writing utensil; blank scratch paper; and a calculator, if needed. Online calculators or other software may only be utilized with the approval of the course professor or Office of Disability Services. Other materials are not permitted unless specified in the examination instructions. eTextbooks should be accessed on the computer in which the examination is being taken. Please note that if an examination is taken on a computer that has not been registered with the eTextbook, all features (e.g., highlighting, notes) will not be available. The Final Exam is due by 11:59 p.m. (CST) on the course end date. Please review the Proctor Policy located in the Student Handbook for specific guidelines regarding proctor requirements and Final Exam expectations. A link to the Student Handbook can be found by clicking Student Resources on the Course Menu. If you have any questions regarding this process or if your proctor experiences problems while administering the exam, please call the Academic Advising and Student Support Center at 877.323.4471. For problems experienced Monday through Friday after 6 p.m. (CST), please contact CSU's Technical Support team at 877.399.1063 or [email protected]. By submitting this assignment, I verify that I am submitting an original work in accordance with the Academic Integrity Policy in the CSU Student Handbook. |
| Multiple Attempts | Not allowed. This test can only be taken once. |
| Force Completion | This test can be saved and resumed later. |
| Your answers are saved automatically. |
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Question Completion Status:
1Question 1
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We R' Write has made some changes over the last year, hoping to increase total revenues generated. Specifically, We R' Write increased the price of their pencils and decreased the price of their pens. However, We R' Write has seen total revenues actually go down. Given the information in the table below, complete the following:
- Calculate the price elasticity of demand for pencils and pens.
- Interpret the price elasticity of demand for pencils and pens.
- Indicate if the demand for pencils is price elastic, inelastic, or unit.
- Indicate if the demand for pens is price elastic, inelastic, or unit.
- Tell We R' Write if the decision to decrease the price of pencils was correct or not, and why.
- Tell We R' Write if the decision to increase the price of pens was correct or not, and why.
Price Quantity Demanded Item Last Year This Year Last Month This Month Pencils $0.30 $0.25 25,000 62,000 Pens $3.00 $3.50 77,000 30,000
