For more course tutorials visit www.tutorialrank.com 1) Nigel runs a ferret farm in Athens, Georgia 2) When tha prince of a cruise rises from $19,500 to $20,000, the quantity demanded decreases from 2,100 to 1,900 travelers. 3) The figure the production possibilities frontier

1. ECON 312 Final Exam (NEW)
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1) Nigel runs a ferret farm in Athens, Georgia
2) When tha prince of a cruise rises from $19,500 to $20,000,
the quantity demanded decreases from 2,100 to 1,900 travelers.
3) The figure the production possibilities frontier for mario’s, a
pizza and pasta producer.
4) The graph shows the market for disks in which the
government has imposed a tax of $4 per disk.
5) Sara and Frank produce boards and sails for windsurfing .tha
tables show their production possibilities.
6) Peter’s nice nails is a manicuring business in a perfectly
competitive market in fargo.
7) The table below shows thecosts incurred at perry’s potato
farm.
8) The GDP deflator in the united states in 2022 was 92, and
real GDP in 2002 (in 2005 dollars) was $11.4 trillion.
9) In july 2013, M1was $2,549 billion; M2 was $10,710 billion;
checkable deposits owned by individuals and business were $1,414
billion; small time deposits were $556 billion; and money market
funds and other deposits were $665 billion.

2. 10) A farm grows soybean and produces chickens. The
opportunity cost of producing each of these products increases as
more of it is produced.
11) Happyland is the only theme park in the nation.
12) The U.S. economy is at full employment .
13) Arun restrings tennis racquets.
14) The table provides information about a flu vaccination
program.
15) Matt’s Nice Nails is a manicuring business in a perfertly
competitive market in ,Miami.
16) When the Fed buys secunities from a bank, a sequence of
events begins . The events are listed below.
17) Cook’s Tall Ship Cruises is a single-price monopoly.
18) The graph show an economy’s aggregate demand curve.
19) The table give the demand schedule for peanuts.
20) The graph show the market for oranges.
21) Canada reported that in AUGUST 2012, the Canadian labor
force was 19.3 million, employment was 17.8 million, and the
working-age population was 28.4 million.
22) The table shows the demand and supply schedules for pretzels.
23) The graph shows that represents the consumer surplus DVDs
bought. Label it.

3. 24) The base year is 2013.
25) The table provides some data for an economy in 2011and
2012.
26) At zero distance sprinted your recovery time is zero.
27) The table provides some data on real GDP and population of
pacifica in 2010 and 2011.
28) The graph shows the demand curve for blankets and the
market price of a blanket.
29) A decrease in the federal funds rate.
30) The table gives some data on the supply of roses in a small
town.
31) The table gives some data on the supply of roses in a small
town.
32) The table shows the marginal benefit and marginal cost of
driving a private car into central London in 2013.
33) Ray hires students to clean houses at $350 per student per
week. He leases equipment that costs $600 per week.
34) The graph shows the market for computers.
35) The graph shows the demand curve ,marginal revenue ,and
marginal cost curve of Whitewater, Inc.., a producer or canoes in
monopolistic.
36) The table shows the marginal benefit schedule from a college
edution.

4. 37) Draw a relationship that illustrates the following facts:
38) The GDP price index in the united states in 2000 was about 90,
and real GDP in 2000 was $11.0 million (2005 dollars).
39) The table shows the demand and supply schedules for hot
chocolate.
40) The BLS survey reported the number in the table for a small
community of 260 people.
41) Ray hires students in the summer to sell magazine
subscriptions.
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ECON 312 Week 3 Assignment Antitrust Review Case
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5. Question: Antitrust Practices and Market Power
Research authoritative articles using the news and the DeVry
Online Library (http://library.devry.edu) for a recent case of
antitrust investigation. You are free to choose a case from any
industry and any part of the world. Based on the case you have
selected, answer the following questions.
· Why was/were the firm(s) investigated for antitrust behavior?
· Identify some of the costs (pecuniary and nonpecuniary)
associated with the antitrust behavior (firms having power in the
market). Additionally, note the specific antitrust act (Sherman Act,
Clayton Act, etc.) under which the violation was investigated.
· Given your research and findings, are monopolies and
oligopolies (firms demonstrating power) always bad for society?
Be sure to provide real world examples of where this may be the
case to strengthen your position.
· Provide at least one example of a case where having a monopoly
or oligopoly may actually benefit the society.
Based on your findings to the questions listed above, write a report
with a minimum of 300 words in essay format in APA style (use
the APA template in Doc Sharing), using correct economic terms
covered in the discussions. If you ONLY write 300 words, you
probably won’t be able to fully answer the questions.
Key concepts to include in your paper include the following.
· Monopoly Market Structure
· Oligopoly Market Structure
· Barriers to Entry Into the Market

6. · Natural Monopoly
· Government Monopoly
· Downward Sloping Demand Curve
· Economies of Scale
· Price Fixing
· Collusion
· Monopoly Pricing
· Price Maker
· Market Power
· Economic Profits
· Imperfect Competition
· Rent-Seeking Behavior
· X-Inefficiency
· Deadweight Loss to Society
· Marginal Cost
· Marginal Revenue
· Antitrust
You must use at minimum at least one article from the DeVry
Online Library. Note: Although your textbook is a good source of
knowledge, it is NOT an article and cannot be theonly sourcefor
the assignment. Cite all your references in APA format. You can

7. use the Citations & Bibliography function of Microsoft Word,
which is found under the References tab.
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ECON 312 Week 7 Course Project
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ECON 312 ECON312 ECON 312 Week 7 Course Project
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