SECTION 9 Test
The test has 30 multiple choice questions. There is four types of demand curves to analyze, measuring elasticity along a demand curve, tax incidence with a tax, and a table to analyze total and marginal utility. All resources available at http://www.duffka.com
Duffka Review Materials
MOD 46- The income and substitution effects.
RESOURCES-Practice quiz 46, A11-Paper, & Mod 46 PPT
MOD 47 & 48-Elasticity coefficient, total revenue test, types of curves, and elasticity along a curve.
RESOURCES-Practice quiz 47, A18 online, A19 online, and Mod 47 PPT
MOD 49-Consumer and producer surplus
RESOURCES-Practice quiz 49, WHITE sheet, Mod 49 PPT
MOD 50-Efficiency and deadweight loss.
RESOURCES-Practice quiz 50, A21-Paper, uPad & Mod 50 PPT
MOD 51-Utility maximization, MB>MC, consumer surplus
RESOURCES-Practice quiz 51, A11-Paper, & Mod 51 PPT
GRAPHS TO ANALYZE:
-4 Different types of demand curves: Perfectly elastic and inelastic and relatively elastic and inelastic;
-A single demand curve with prices and quantities. Students will have to calculate total revenue and figure out elasticity.
-A supply and demand curve in a market before and after a per-unit(excise) tax is imposed.
-A table with total utility and a marginal analysis.
-If you read this, bubble in A and B on number 31 on the test. More people that know about this will mean less points for you.