Exam 1 Review — Micro For Macro (Module 1) Question: Hg TO Calevlall Congymer and Prous Sorbus & "4 ji 5 | a7) BL | SD ent strategy / Necessary Info / Plan of Attack: (aleviete tne Consumer and ¢ a e So. y betore and arrer gs tae ey Probere thee CONG vIn ee> (Pasay Paty }-Qd-4 i - Prodier = (Pe Prin) yt . Tota! surplcse C Sts q ec Ueod wer'ghy loss: amen ght loss. : Ce Fee -tax _3u0 GH Oty) (Pron pra) RS Ye- tox ae madence * ge CS Wst-tox 2200, $554 = 407 RS Cost-tae SIS % Consumers oe bor. Jor Revenue 250. 7. Producers Fae PWL 25 Question: Crag SUPPLY Rdemand for A Comeeritive RORCONN Mancet And Show what hageens When taste for OR neseaseS- Gop @ PRC for all othec Goods ow the Vest Strategy / Necessary info / Plan of Attack: Need 70 know sweety and demand and now -taske Ge gegiorn woud aFPecr the demand. In +m cose, tt WOMd increa: deman, SNES, It to the Fight. For PPC) iF Wwourd lower sre “dana ae ON Other goods and increasina, quantity of gegrorn: AIOE oy goowtee we et avon a) s ane whe, “i * By oe Oe na Ovaeinhy Oracerae ee) Be, Ber peycomsExam 1 Review — Micro For Macro (Module 1) Question: Jr agic a smell Vslon oy Produce tea Meds Pract ceotes and Buchel, Utd Mle opperonity Cast of Best Paste v NN ‘Strategy / Necessary Info / Plan of Attack: te 1p Sole er opyerdanily Cost Seo) ont vd see; en tp \ Seto wah cin piers Leva rey ‘ose We Pdr ite Question: Strategy / Necessary Info / Plan of Attack: Answer:aeter F, Nick DL Koes Lewy, Exam 1 Review — Micro For Macro (Module 1) Question: Calcuiane ThE concuMmer 4 pyoducer Surplus betwe 4 atte, a$0-5_ per unit Tax IS Byeroed nen CAIC. ANE Fak VEVENUE 4 EAQWEIANT loss ESUINND fom Ave. "ota Strategy / Necessary Info / Plan of Attack: evs, ~ie wiles, % azn Gre), Agete- 2082 Question: Cryo “he parked Foe fre ve i e magbed label sevey Hy oe S Oey J $f) Strategy / Necessary Info / Plan of Attack: C oe { z} Leilek Bemeaer poten « i dent Af demanded ded sre yr aes K ‘5 pre, Leild ap & ain wl : be hoa ~ . ¢ wn oe Bi z : ‘Answer: a € .Exam 1 Review — Micro For Macro (Module 1) ‘Question: CS Too ten = ox S - a ¢ ~ Gost den = De Strategy [Necessary Info / Plano Attacks aud qpoedeor pote. CAhovléke Ye Lind Hoe acer? . Cele aanswess. Vid ecbrare tre carsuver anit proben’ F on ce te Cole th, haa aneuces, Fyh ealest ewes loot be fay teuenoe, Cael aeouers Cobelele, Yue anruers. Alb Pootax aid dd Post + Ranoube +DUC to tect “Answer: take? Eder OP Question: Strategy / Necessary Info / Plan of Attack: Answer:Exam 1 Review — Micro For Macro (Module 1) Question: what 15 he diseecence ehueen Comparative adionkaae owed alosoluke advantage? Strategy / Necessary Info / Plan of Attack: Answer: Question: Uinak Classi€ics a Shift VS a Moveweat along the demand CUCVe. Strategy / Necessary Info / Plan of Attack: Kenawingy dekecmi nants oF demand, (Hoo Knowing te diktecence between dewand and Quast, demandcd, Answer; | Quantity dewanded 1 Saly cronged bo Poce, how 0€ demand) Pr Dick in derernd Shikks Ae Whole yuo" arnd Compl eel chowags demands Was Cand lot caused by change in Pregecorcn, WOME, hE:fell sill, abézpinb, Gaby Jy, “ag, Exam 1 Review — Micro For Macro (Module 1) Question; ce 4 tan elo tye night gree bead pli Gilly wad Giading felon tien tlad oH. POF F ve settee shavelas Mo creat i eeetes Strategy / Necessary Info / Plan of Attack: awe glace Question: : CAledike fle co rewene wads Khir 4 {LOG fag cm am chem, 9 Utly eel dren d YK gir ad peg fer hens belre Strategy / Necessary Info / Plan of Attack: seven 5 Fe tHeagiy beltveen igh eoet Blegly ‘| at » Gundy old yExam 1 Review — Micro For Macro (Module 1) awestion: Finding Consuiver Su Plus beleve + Ofte TOX. Fordingy dad height egg, Strategy / Necessary Info / Plan of Attack: . * . «Bd Oh OF Consuner Supls Hergle bebye TOA USin va He Git Price, (p,-Pr) aie use of es (6) Mee aya. ge gay: ES fe Pye pe ve he(Pee PB Ge ~Bwh “0% An) «(Be Bs) or TG Or} Zz BBs (Ds BY os «C5 Rost: (Ps- PBs, epy pre: (P*-PN=As “BS pat. Oe (ecPh e Tox Rownwe: (ay “Tokom WLI Tae ("Gan zZ auestion: Adding Price Flew ond Rice Ceiling to raps, Birding,” on yon bivdvy, Strategy / Necessary Info / Plan of Attack: + Pintieg, Yc Pheer: en rent theam ve © Rthel 19 soll for 3 Qveoten Yon P* + Nonbindivy PF: Mirus is eS Hon ¥", 80 e's MO effet on rhovtet, piundirs, Pree cosy: MAXIM Price & Ruuch iS Sel Her 3 1638 than P™ Claes duitlys o Nerbivding Po Hasrmum (3 Greater Hom PX, No effect, ‘ P > S N t ee Nonlsivding PCExam 1 Review — Micro For Macro (Module 1) Question: { (lusy (ae C thet \ 91h) & flo-Lina\is Price celia rt bina. WAZ He afte Strategy / Necessary Info / Plan of Attack: ‘De Surly ead Aejleid, “mantic What Var crass Ct (Ulu). rahod WMT Cong “por Yaak Prtec Abel eUer7kain? mer Ac flon- bide Prce ceonme1$ Sep agove the floral Merete Cte Question: Strategy / Necessary Info / Plan of Attack: Answer:Exam 1 Review — Micro For Macro (Module 1) ‘Question: The eit cb cogtet cwceeeetS, Aga toute the Qudasity sewoures Cf bea queveases, TS dkry a Ghee } 2 CA twee Ta dewetd fave of 4 Mov euaen 3 2 Strategy / Necessary Info / Plan of Attack: ve wecowent Yremg 742 BME CHS AGE Cham ye UF Peer Gb deg live hy pe! ‘ tS Wek q Movement Meas thy Leads carey Answer: She bh GE duet Lovans coe¥e Question: ea ree ead Which COVE SAMS ThE wt compu ep: Sul rlay alter “Oe Co PME IM Ploueg Strategy / Necessary Info / Plan of Attack: Answer: