Old Exam Problems

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Spencer Hsu

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Feb 17, 2011, 2:40:03 AM2/17/11
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Has anyone taken a look at these yet? Does anyone know which topics we
are responsible for?

Alex Khalfen

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Feb 17, 2011, 2:45:03 AM2/17/11
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I'm in sect.1 of the class, and tonight he said that ch.2,3,4 will be on the exam, as well as the material from all previous homeworks except the one that was due today.
Alex

Robert Binkley

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Feb 17, 2011, 1:49:47 PM2/17/11
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I merged them all in to one file to make it easier to manage. It is a
lot of questions!
I have attached them to this email, not sure if google will let it pass
through. If you want the merged file and it does not come through,
contact me directly.

-r
Robert....@xilinx.com

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BinderofOldExamProblems.pdf

Gayathri Ravi

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Feb 17, 2011, 2:16:15 PM2/17/11
to econ_401_w...@googlegroups.com, Robert Binkley
Robert: Thank you so much!!

Carla Nunes

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Feb 17, 2011, 2:18:52 PM2/17/11
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This is great, Robert!  I was just thinking of how much work it would be to go one by one and print it out.  :)  This makes it much easier!
 
Thank you!
 
Carla

jonathan car

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Feb 17, 2011, 6:22:24 PM2/17/11
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Thanks Rob

Adi Aloni

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Feb 18, 2011, 1:53:00 PM2/18/11
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Hi guys,
I'm writing down my answers to the few problems that I went through. I would
love your feedback.

Advanced Technology:
R = 3,270.3Q - (Q^2/10.1)
MR = 3,270.3 - (Q/5.05)
Below $1,635 demand becomes inelastic
EY = 3.85

Autos/Oil (partial answers appear in the original document):
Ep = -9.1%
Cross elasticity Libya to Nigeria using point elasticity is 11.45
Cross elasticity Libya to Nigeria using arc elasticity is 6.5

BART:
Ep = -0.286
R = $24 million
To calculate revenue, I used the caluculkus approach the professor used on
the cable car fares problem:
dR/R = %dP + %dQ, I'm just not sure about the signs. I used %dP as -21% and
%dQ as 6%, but then we supposedly get a negative number for R, so I'm really
not sure here.

Bus Transportation:
Ep = -0.4

I will post more when I have them. I'm out of town most of the weekend so
probably won't do much more.
Adi.

Christy Fairlie

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Feb 18, 2011, 1:57:33 PM2/18/11
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Does anyone want to get together this weekend to study together?

Christy

alex smirnov

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Feb 18, 2011, 2:08:55 PM2/18/11
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i'm planning to come to campus on Saturday for the review session.  I'm not sure if I'll come earlier, but I'll definitely stay a few hours after the session.

Carla Nunes

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Feb 18, 2011, 2:11:48 PM2/18/11
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I'll be in the campus for the TA review session too, and can be there for 1h more afterwards.  I'll start on the old problems later today, and can post results for cross-checking.
 
Thanks,
Carla

Spencer

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Feb 18, 2011, 2:12:53 PM2/18/11
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Anyone interested for Monday?

Sent from my iPhone

Christy Fairlie

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Feb 18, 2011, 2:15:18 PM2/18/11
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I will be on campus all weekend and monday too and am happy to study with anyone who has the time.
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