Quiz 3

1. Microeconomics
Quiz 3

2. Model

3. Model

4. Model

5. P Model

6. P Model
Q

7. P 10 Model
9
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

8. P 10 Model
9
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

9. P 10 Model
9
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

10. P 10 Model
9
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

11. P 10 Model
9 S1
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

12. P 10 Model
9 S1
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

13. P 10 Model
9 S1
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

14. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

15. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

16. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

17. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

18. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
D2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

19. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
D2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

20. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
D2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

21. P 10 Model
9 S1
8
7
P2 6
P1 5
4
3
2
D2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

22. P 10 Model
9 S1
8
7
P2 6
P1 5
4
3
2
D2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

23. P 10 Model
9 S1
8
7
P2 6
P1 5
4
3
2
D2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q2 Q

24. Model

25. Model

26. Model

27. P Model

28. P Model
Q

29. P 10 Model
9
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

30. P 10 Model
9
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

31. P 10 Model
9
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

32. P 10 Model
9
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

33. P 10 Model
9 S1
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

34. P 10 Model
9 S1
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

35. P 10 Model
9 S1
8
7
6
5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

36. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

37. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q

38. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

39. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

40. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1
D2 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

41. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1
D2 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

42. P 10 Model
9 S1
8
7
6
P1 5
4
3
2
1
D2 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

43. P 10 Model
9 S1
8
7
6
P1 5
P2 4
3
2
1
D2 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

44. P 10 Model
9 S1
8
7
6
P1 5
P2 4
3
2
1
D2 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q1 Q

45. P 10 Model
9 S1
8
7
6
P1 5
P2 4
3
2
1
D2 D1
0
0 1 2 3 4 5 6 7 8 9 10
Q2 Q1 Q

46. P 10 Model
9 S1
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

47. P 10 Model
9 S1
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

48. P 10 Model
9 S1
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

49. P 10 Model
9 S1
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

50. P 10 Model
9 S1
8
7
6
5
4
3
2
1
0
0 1 2 3 4 5 6 7 8 9 10
Q

51. P 10 Model
9
8
S
7
6
5
4
3
2
1 D
0
0 1 2 3 4 5 6 7 8 9 10
Q

52. P 10 Model
9
8
7
S
6
5
4
3
2
1 D
0
0 1 2 3 4 5 6 7 8 9 10
Q

53. P 10 Model
9
S
8
7
6
5
4
3
2
1 D
0
0 1 2 3 4 5 6 7 8 9 10
Q

54. P 10 Model
9
8
7 S
6
5
4
3
2
1 D
0
0 1 2 3 4 5 6 7 8 9 10
Q

55. P 10 Model
S
9
8
7
6
5
4
3
2
1 D
0
0 1 2 3 4 5 6 7 8 9 10
Q

56. Use Supply-Demand Modeling to analyze the following:
1. Decrease in income - Normal Good
2. Decrease in income - Inferior Good
3. Increase in the price of a substitute
4. Increase in the price of a compliment
5. Decrease in population
6. A new innovation and more suppliers
7. Increase in the price of an input
8. Increase income and increase in the price of a substitute
9. Decrease in the number of suppliers
10. Increase in the population and decrease in income

57. Use Supply-Demand Modeling to analyze the following:
1. Decrease in income - Normal Good
2. Decrease in income - Inferior Good
3. Increase in the price of a substitute
4. Increase in the price of a compliment
5. Decrease in population
6. A new innovation and more suppliers
7. Increase in the price of an input
8. Increase income and increase in the price of a substitute
9. Decrease in the number of suppliers
10. Increase in the population and decrease in income