econ1001 online quiz!! (1 Viewer)

[icecoffee]

hmmm i got a for 3 and b for 8.

For 3, my reasoning that it wasn't e was because that there is no actual option of selling it $130000, at least not for the moment. Not sure if that's right though... any ideas?

 

[SeCKSiiMiNh]

i got 2c, but i thought 3 was b

but how can 3 be e, i.e. both a & c? isnt the opportunity cost of selling for $120,000 forgoing $10,000 and not $130,000??

OMG im confused

 

[SeCKSiiMiNh]

you guys done 7 yet?

 

[meilz92]

i hope i got 10/20

 

[SeCKSiiMiNh]

i hope i got 10/20

awww

and 18e guys?

 

[roookie]

I have no explanation but is 7 c?

honestly why is this so hard :\

 

[SeCKSiiMiNh]

no idea

 

[icecoffee]

i got what you guys got for 7 and 18. did we reach a consensus for 3 and/or 6?

 

[SeCKSiiMiNh]

i got what you guys got for 7 and 18. did we reach a consensus for 3 and/or 6?

18- im sure its unit elastic
19 i chose e


and the rest:....

 

[SeCKSiiMiNh]

and what did you get for 15? im sure b is an answer, but d confuses me

 

[icecoffee]

i got b for 15 as well.

 

[SeCKSiiMiNh]

i got b for 15 as well.

lol how many questions fo you have left?

 

[icecoffee]

oops late reply... umm pretty much finished i suppose, not totally confident but oh well.. you?

 

[SeCKSiiMiNh]

just submitted

for q20, i chose the surplus one. i'm definite its right

 

[tanna]

lol shoulda looked here earlier
what's a decent score for these things anyways?

 

[meilz92]

Oh yay i passed

11/20

 

[icecoffee]

Congrats! Keep in mind that one of the questions need to be corrected since it was marked wrong. The one about comparative advantage in cooking/cleaning. YAY for extra marks!

 

[meilz92]

lol i bet it will set me back to 10/20

 

[paradigmise]

um........ a quiz? where is it? is the deadline passed? were we supposed to be told about this by tutors?

 

[AussieVesti]

um........ a quiz? where is it? is the deadline passed? were we supposed to be told about this by tutors?

The deadline was last Monday, and no, tutors aren't obliged to tell students when a quiz is. Part of university is finding things out for yourself. I'm guessing you haven't read the UoS outline yet have you?