anione has 2002 ECON 1101 quiz questions? (3 Viewers)

[Newbie]

actually i keep on getting 7's on the online test

 

[truly-in-bliss]

dunt worri..the real thing aint as hard as the online ones.. 7 is a credit.. so relax..

 

[Eeko]

i stopped doin them when my score hit 40%

 

[Frigid]

Originally posted by Newbie
oh i just read frigid's post
roflmayonaiseS~~@!@$@#$
he sux

hey! :mad1:

i never did hsc ecos, so this stuff isn't exactly easy for me... and i use different textbook from u...

 

[Eeko]

Originally posted by Frigid

hey! :mad1:

i never did hsc ecos, so this stuff isn't exactly easy for me... and i use different textbook from u...

EXCUSES

u thought u were hotshit!!!

well u got PWNED!!!

 

[Frigid]

haha stfu ben...

u got inconsistencies as well.

 

[crazylilmonkee]

i shoulda tried those online tests last nite...
i know i got 1 correct so far.. YAY

 

[Eeko]

Originally posted by crazylilmonkee
i shoulda tried those online tests last nite...
i know i got 1 correct so far.. YAY

Congratulations

how bout the other 19

 

[i-color]

hey who are u newbie? wats ur name?

 

[Eeko]

Originally posted by i-color
hey who are u newbie? wats ur name?

he's my biatch

 

[mraverage]

i- color's hsc scores are impressive=)

 

[i-color]

but no one wants me to tutor them :|
hahaha

got micro test tomorrrroooo!!!! issit harddddd?

 

[truly-in-bliss]

i saw icolor last wk..

nah its not hard...and hey there mister not so average

 

[i-color]

so who are all u ppl?
mraverage??.......name?

i know who u are tib.....haha

 

[Nick]

in the online test it asks a question on which portion of the straight lined demand curve has the lowest price elasticity of demand.

i said the bottom part but the answers say it is the top part

but the elasticity at higher points on the curve, where it is above 1 is higher than the elasticity at lower points on the curve, below where it is 1.. so surely the lower part has lower demand elasticity.

can soneone explain please?

 

[truly-in-bliss]

lowest price elasticity of demand ie: relativeli inelastic ..... and the top part of the PPC is the inelastic bit.

 

[i-color]

isn't the top part of the PPC the elastic bit?

 

[Newbie]

i think i agree with icolor
although i have no idea wtf is going on anymore

 

[Nick]

yeah i think the answers must be wrong

the elasticity higher in the curve is greater than 1, and lower in the curve is less than 1

so obviously the top part of the curve is more elastic?

 

[i-color]

yeah i'm confused.........wat the hell......it should be lower part yeh?