On Thu, Oct 10, 2002 at 04:20:26PM +0200, Dekel Tsur wrote: > On Thu, Oct 10, 2002 at 10:16:11AM -0400, Dr. Richard E. Hawkins wrote: > > > If you have a file doesn't work, post it here.
> > Here's one from November, 2000: > > #LyX 1.3 created this file. For more info see http://www.lyx.org/ > > \lyxformat 221 > This file was saved by lyx 1.3.0cvs. Post the original file. Seems that I outsmarted myself by saving it to /tmp before attaching it :) Here's the original. hawk -- Richard E. Hawkins, Asst. Prof. of Economics /"\ ASCII ribbon campaign [EMAIL PROTECTED] Smeal 178 (814) 375-4700 \ / against HTML mail These opinions will not be those of X and postings. Penn State until it pays my retainer. / \
#LyX 1.1 created this file. For more info see http://www.lyx.org/ \lyxformat 2.15 \textclass article \begin_preamble %\leftline{ Name: \rule{4.75in}{.4pt} \\[10pt]} \end_preamble \language default \inputencoding latin1 \fontscheme default \graphics default \paperfontsize default \spacing single \papersize letterpaper \paperpackage a4 \use_geometry 1 \use_amsmath 0 \paperorientation portrait \leftmargin 0.75in \topmargin 0.75in \rightmargin 0.75in \bottommargin 0.25in \secnumdepth 3 \tocdepth 3 \paragraph_separation indent \defskip medskip \quotes_language english \quotes_times 2 \papercolumns 1 \papersides 1 \paperpagestyle default \layout Title Microeconomics Quiz 5 \layout Author Prof. Hawkins \layout Date November 28, 2000 \layout LaTeX \backslash vspace{-2.5in} \layout LaTeX \backslash leftline{ Name: \backslash rule{3in}{.4pt} \backslash \backslash [10pt]} \layout LaTeX \backslash vspace{2.5in} \layout Enumerate [4] Table \begin_inset LatexCommand \ref{compFirmMC} \end_inset shows supply and demand curves for individual firm, and Table \begin_inset LatexCommand \ref{compConsumerDemand1} \end_inset for an individual consumer. Suppose that the market is made up of 30 such consumers, and 10 such firms. \begin_float tab \layout Standard \align center \LyXTable multicol5 13 2 0 0 -1 -1 -1 -1 1 1 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 4 1 0 "" "" 4 1 1 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" 0 4 1 0 0 0 0 "" "" Q \newline MC \newline 1 \newline 0 \newline 2 \newline 0 \newline 3 \newline 10 \newline 4 \newline 20 \newline 5 \newline 30 \newline 6 \newline 40 \newline 7 \newline 50 \newline 8 \newline 60 \newline 9 \newline 70 \newline 10 \newline 80 \newline 11 \newline 90 \newline 12 \newline 100 \layout Caption Cost data for one firm \begin_inset LatexCommand \label{compFirmMC} \end_inset \end_float \begin_float tab \layout Standard \align center \LyXTable multicol5 10 2 0 0 -1 -1 -1 -1 1 1 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 8 1 0 "" "" 8 1 1 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" 0 8 1 0 0 0 0 "" "" P \newline Q \newline 10 \newline 8 \newline 20 \newline 7 \newline 40 \newline 6 \newline 50 \newline 5 \newline 60 \newline 4 \newline 70 \newline 3 \newline 80 \newline 2 \newline 90 \newline 1 \newline 100 \newline 0 \layout Caption Demand for one consumer \begin_inset LatexCommand \label{compConsumerDemand1} \end_inset \end_float \begin_deeper \layout Enumerate What is the equilibrium price \layout Enumerate What is the \emph on market \emph default quantity? \layout Enumerate How many units does each firm produce? \layout Enumerate And each consumer? \end_deeper \layout Enumerate [1] If a competitive firm is making an economic profit, what can we say about its operating environment? Make as strong a statement as you can. \begin_deeper \layout LaTeX \backslash vspace{1.5in} \end_deeper \layout Enumerate [5] Refer to Figure \begin_inset LatexCommand \ref{costcurves1} \end_inset \begin_float fig \layout Standard \align center \begin_inset Figure size 449 302 file costcurves1.eps flags 9 \end_inset \layout Caption Cost Curves for a Firm \begin_inset LatexCommand \label{costcurves1} \end_inset \end_float \begin_deeper \layout Enumerate What does curve A represent? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate What does curve C represent? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate What price is the shutdown point? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate What is the price in the long run? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate Suppose the current price is 6. What happens in the long run and why? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \end_deeper \layout Enumerate [2] How do MR and P compare \begin_deeper \layout Enumerate for the competitive firm? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate How about for a monopolist? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \end_deeper \layout Enumerate [4] Refer to Figure \begin_inset LatexCommand \ref{monop.gr1} \end_inset \begin_float fig \layout Standard \align center \begin_inset Figure size 504 720 file monop.gr1.ps flags 9 \end_inset \layout Caption Cost Curves for the Monopolist \end_float \begin_deeper \layout Enumerate What is the difference in meaning of NB between pure competition and monopoly. \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate What is line AP? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate Identify the shape (e.g., \begin_inset Quotes eld \end_inset Trapezoid EOPH \begin_inset Quotes erd \end_inset ) representing consumer surplus under monopoly. \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate What does Triangle DKH represent? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \end_deeper \layout Enumerate [1] Give a reason why the normal measure of lost surplus due to monopoly might be \emph on understated. \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate [3] In general terms (minimum of MC, P, ATC, etc., describe how a monopolist chooses price and quantity. \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \end_deeper \layout Enumerate [1] How does total social welfare compare between plain monopoly and perfect price discrimination? \begin_deeper \layout Standard \latex latex \backslash vspace{.5in} \the_end
