Economics/Finance

Homework assignment..please explain each answer due on Monday at 7am

 

Chapter 6

Multiple-choice questions:

1, 3

Individual problems:

6-4 and 6-6

 

Chapter 7

Multiple-choice questions:

6, 10

Individual problems:

7-4, 7-5

 

Chapter 8

Multiple-choice questions:

2, 10

Individual problems:

8-1, 8-5

 

Chapter 9

Multiple-choice questions:

7, 8

Individual problems:

9-3 (hint: use the formula (P-MC)/P=1/|elasticity|, twice), 9-6