These sheets can be torn out, photocopied, and distributed to your students. As your students ar reading a chapter, they will be doing these problems. You can likewise tear out the answer sheets, photocopy them, and distribute them to your students.
Chapter 2
manikin 1
1.In radiation diagram 1 place an A to examine where our frugality ope wanderd in 1933, a B to show where our thriftiness operated in 1944, and a C to show an unemployment rate of 50%.
2. In Figure 2 place a D to show where our economy usually operates, an E to
show where our economy would operate during a very bad depression, and an F
to show an unemployment rate of 100%.
Figure 2
Table 1 Hypothetical fruit Schedule for Two-product Economy
Point| Visits to Doctors| Visits to Disney World|
A| 40| 0|
B| 37| 1|
C| 31| 2|
D| 23| 3|
E| 13| 4|
F| 0| 5|
3. Given the information in Table 1, what is the opportunity cost of going from draw a bead on D to pull down E? What is the opportunity cost of going from point C to point B?
4. Use the data in Figure 1 to illustrate the law of increasing cost numerically. (Hint: Start at point A and move toward point F)
Figure 1.
F
E
D
C
B
A
Chapter 3
Figure 1
In Figure 1
(1)How some(prenominal) is equilibrium price and meter?
(2)Draw another deal curve on this represent showing a reduce in ingest.
(3)How much is the upstart equilibrium price and amount of money?
(4) We may conclude that a decrease in demand leads to a(n)_____ in equilibrium price and a(n)_____ in equilibrium quantity.
Figure 2
In Figure 2
(1)How much is equilibrium price and quantity?
(2)Draw another demand curve on this graph showing a decrease in supply.
(3)How much is the new equilibrium price and quantity?
(4) We may conclude that an growing in supply leads to a(n)_____ in equilibrium price and a(n)_____ in equilibrium quantity.
Figure 3
Use Figure 3
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