This site will help you out on all of the Chapter Five material.
Here is your plan of study for today:
You do not need to follow these steps in the exact order, just make sure they all get done.
1) Play each and every game linked to this site.
2) Write out answers to each of the questions listed below.
3) Access quia.com/pages/bakerecontests.html in order to find out the possible essay questions--answer each of the essay questions.
4) Write out answers to questions 1-6 on page 144.
5) Answer questions 2-5 on page 102
6) Answer questions 2-5 on page 107
7) Answer questions 2-4 on page 112
8) Go back through your notes and highlght what you have determined to be the most critical information.
9) If you have run out of things to do, go back through and do all of these things again.
Questions to answer:
*What is a price floor? Give an example
*What isa price ceiling? Where are they most often used?
*What happens at market equilibrium?
*What do we have when prices are too high? When prices are too low?
*What serves as the main form of communication between buyers and sellers?
*Give an example of a positive externality.
*Give an example of a negative externality.
*What is a public good? Who has access to public goods?
*Why does the gov't sometimes ration goods?
*What is a black market?
*Nat'l defense is an example of what?
*Really, what is efficiency?
Good luck with the rest of this site!
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| My Quia activities and quizzes |
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https://www.quia.com/jg/115327.html |
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https://www.quia.com/quiz/147992.html |
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https://www.quia.com/hm/31031.html |
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https://www.quia.com/jw/17037.html |
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| Last updated 2008/09/28 07:15:29 PDT | |
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