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Econ 102 – Homework #2

October 27, 2009
by Tom Schenk Jr.
2 Comments leave one →
  1. Kathy Mason permalink
    November 3, 2009 2:51 pm

    Hi,
    Are the lecture notes for the last class on this website? I have been looking and can’t find them. I am a little confused on question7. I can get the demand curve, but keep getting negative numbers on the supply curve. I know I’m figuring it wrong, and just can’t seem to get it right. In my notes, I can see how we got the supply curve for what we did, but I can’t figure out how to get it for Q3-3+8p.

    • November 3, 2009 4:25 pm

      Kathy-

      First, you found a mistake on the homework, the supply curve should be Q = -3 + 8p. That should fix the problem.

      Second, I’m behind on lecture notes. I’ll get those up this week (unfortunately after homework is submitted).

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