Econ 102 – Homework #2 Posted on October 27, 2009October 27, 2009 by Tom Schenk Jr View this document on Scribd Share:TwitterFacebookGooglePocketTumblrLinkedInEmailMorePinterestRedditStumbleUponPrintGoogle+ Tom Schenk Jr
2 thoughts on “Econ 102 – Homework #2”
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.
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).