ECONOMICS

ENDTERM EXAMINATION

NAME: ESPIRITU, CHRISTOPHER D.

YEAR & SECTION : BSMA 1-A

Test 1

1. C
2. H
3. E
4. J
5. B
6. A
7. D
8. F
9. G
10. I

Test 2

Price Quantity Total Average Marginal Total Marginal Profit

Cost Total Cost Revenue Revenue
Cost
40 0 30 0 - - - -30
35 2 50 25 10 70 35 20
30 4 100 25 25 120 25 20
25 6 120 20 10 150 15 30
20 8 150 18.75 15 160 5 10
15 10 175 17.5 12.50 150 -5 -25
10 12 200 16.67 12.50 120 -15 -80
5 14 250 17.66 25 70 -25 -180

Test 3

1. PC

2. MC

3. MC

4. M
5. O

6. O

7. PC

8. MC

9. MC

10. M

Test 4

1. True
2. False
3. True
4. False
5. True
6. False
7. True
8. True
9. True
10. True
11. True
12. False
13. True
14. True
15. True
16. True
17. False
18. False
19. True
20. False