Economics/Finance
enekg1983
hw_2.docx
Homework assignment..please explain each answer due on Monday at 7am
Chapter 6
Multiple-choice questions:
1, 3
Individual problems:
6-4 and 6-6
Chapter 7
Multiple-choice questions:
6, 10
Individual problems:
7-4, 7-5
Chapter 8
Multiple-choice questions:
2, 10
Individual problems:
8-1, 8-5
Chapter 9
Multiple-choice questions:
7, 8
Individual problems:
9-3 (hint: use the formula (P-MC)/P=1/|elasticity|, twice), 9-6
