Econ 208 exam Study guides, Revision notes & Summaries
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![Econ 261 Exam 3 Answers Latest 2022](/docpics/632acbca31ed0_1974542.jpg)
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Econ 261 Exam 3 Answers Latest 2022
- Exam (elaborations) • 16 pages • 2022
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Econ 261 Exam 3 Answers Latest 2022. Using the standard normal distribution table, compute the following probabilities: 
P( Z ≥ 1.8) is: 
P( Z ≥ 1.8) = 1 - P( Z < 1.8) = 1 - .9641 = 0.0359 
.4641 
.0359 
.0062 
.4938 
 
Question 2 
P(Z ≤ 1.5) is: 
.9332 
.9599 
.9938 
.8750 
Question 3 
P(1.34 ≤ Z ≤ 2.72) is: 
P(1.34 ≤ Z ≤ 2.72) = P(Z ≤ 2.72) - P(Z≤ 1.34) = .9967 - .9099 = .0868 
.8746 
.0868 
.0476 
.0309 
 
Question 4 
Questions 4-6 are based on the following information: ...
![Econ 261 Exam 3 Answers Latest 2022](/docpics/632ad61912b48_1974673.jpg)
-
Econ 261 Exam 3 Answers Latest 2022
- Exam (elaborations) • 16 pages • 2022
-
- £7.74
- + learn more
Econ 261 Exam 3 Answers Latest 2022. Using the standard normal distribution table, compute the following probabilities: 
P( Z ≥ 1.8) is: 
P( Z ≥ 1.8) = 1 - P( Z < 1.8) = 1 - .9641 = 0.0359 
.4641 
.0359 
.0062 
.4938 
 
Question 2 
P(Z ≤ 1.5) is: 
.9332 
.9599 
.9938 
.8750 
Question 3 
P(1.34 ≤ Z ≤ 2.72) is: 
P(1.34 ≤ Z ≤ 2.72) = P(Z ≤ 2.72) - P(Z≤ 1.34) = .9967 - .9099 = .0868 
.8746 
.0868 
.0476 
.0309 
 
Question 4 
Questions 4-6 are based on the following information: ...
ECONOMICS 208 NOTES WEEKS 16-20 
Master-file with notes for the economics
![Econ 261 Exam 3 Answers Latest 2022](/docpics/632adf857d1eb_1974805.jpg)
-
Econ 261 Exam 3 Answers Latest 2022
- Exam (elaborations) • 16 pages • 2022
-
- £4.48
- + learn more
Econ 261 Exam 3 Answers Latest 2022. Using the standard normal distribution table, compute the following probabilities: 
P( Z ≥ 1.8) is: 
P( Z ≥ 1.8) = 1 - P( Z < 1.8) = 1 - .9641 = 0.0359 
.4641 
.0359 
.0062 
.4938 
 
Question 2 
P(Z ≤ 1.5) is: 
.9332 
.9599 
.9938 
.8750 
Question 3 
P(1.34 ≤ Z ≤ 2.72) is: 
P(1.34 ≤ Z ≤ 2.72) = P(Z ≤ 2.72) - P(Z≤ 1.34) = .9967 - .9099 = .0868 
.8746 
.0868 
.0476 
.0309 
 
Question 4 
Questions 4-6 are based on the following information: ...
![ECON 101 Final Exam A+](/docpics/5ee984db45496_742413.jpg)
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ECON 101 Final Exam A+
- Exam (elaborations) • 8 pages • 2020
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- £6.52
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ECON 101 Final Exam A 

Part 1 of 1 -

99.99999 Points

 

Question 1 of 20

4.45 Points

The representative firm in a purely competitive industry:

 

 A.Will always earn a profit in the short run

 B.May earn either an economic profit or a loss in the long run

 C.Will always earn an economic profit in the long run

 D.Will earn an economic profit of zero in the long run

 

 

Question 2 of 20

4.45 Points

An example of a monopolistically competitive industry would be:

 

 A.Steel

 B.Soybe...
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