Answer key to sample problems for final exam

Here is the key to the sample multiple choice problems.

1-D, 2-B, 3-*, 4-E, 5-L, 6-N, 7-R, 8-U, 9-AA,
10-FF, 11-C, 12-D, 13-C.

*
a. CS loss = $23
b. PS gain = $12
c. tariff revenue = $14
d. net gain/loss = $3 gain

There is a diagram of this with calculations on the I-drive.

Good luck. I hope your favorite questions get picked.