ECON 1002: Microeconomics Exam 3_Latest Spring 2020/2021 Complete A+ Solutions (ECON 1002)
Johnson & Wales University
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ECON 1002: Microeconomics Exam 3_Latest Spring 2020/2021 Complete A+ Solutions
- Examen • 17 pages • 2021
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ECON1002: Microeconomics Instructor: Qingbin Wang Final 
 
Instruction: Please choose the most appropriate answer and follow the instructions on Ulearn to submit your answers. The answers on the problem set will NOT be graded. 
Good luck! 
 
Please choose the most appropriate answer to each question. 
 
1.	The main determinant of elasticity of supply is the: 
A.	number of close substitutes for the product available to consumers. 
B.	amount of time the producer has to adjust inputs in response t...
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