Test Review

Post date: Sep 22, 2011 1:02:48 PM

Review on line from 9-10PM. Follow this link: http://cyber.law.harvard.edu/questions/

BEHAVE IN THE DISCUSSION ROOM

40 MC Questions

Mod 5 (10 questions):

Law of Demand

Movement vs. Shift

Causes for shifts

Reading a demand curve

Mod 6 (10 questions):

Law of Supply

Movement vs. Shift

Causes for shifts

Reading a supply curve

Mod 7 (10 questions):

Equilibrium

Shifts from and back to equilibrium

Analyzing price and quantity with equilibrium

Recognizing shortage and surplus

Mod 8 (6 questions)

Price Ceiling and effects

Price Floor and effects

Reading a floor and ceiling graphs

Mod 9 (4 Questions)

Quota

Quota Rent

Reading the graph