Previous Exams

# Spring 2009 Exam 1 Solution

Here are the final numerical results for each section of version R of the exam.  You can use them to check your work if you do the exam for practice.  If you have trouble with the problems, or don't get the answers shown here, stop by during office hours or make and appointment and we can go over them.

### Question 5

(a), (b) A = $75, B =$2; (c), (d) market P and Q are $25 and 25,000; (e), (f) efficient P and Q are$21 and 27,000; (g) total amount spent on the subsidy = \$108,000.

URL: https://wilcoxen.maxwell.insightworks.com/pages/2949.html
Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 12/18/2012