Regulation and Antitrust Policy (Econ 180)
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I. Multiple choice [2 pt each: 30 pts total]
(1)a. (2)d. (3)c. (4)a. (5)c. (6)d. (7)a. (8)c. (9)b. (10)b.
(11)c. (12)b. (13)d. (14)d. (15)d.
II. Problems
(1) [Marginal revenue, monopoly pricing: 26 pts]
(2) [Monopoly, markup formula, Lerner index: 8 pts]
(3) [Monopoly: 36 pts]
I. Multiple choice [2 pt each: 30 pts total]
(1)c. (2)d. (3)a. (4)d. (5)b. (6)a. (7)b. (8)a. (9)b. (10)d.
(11)a. (12)d. (13)b. (14)d. (15)d.
II. Problems
(1) [Marginal revenue, monopoly pricing: 26 pts]
(2) [Monopoly, markup formula, Lerner index: 8 pts]
(3) [Monopoly: 36 pts]
[end of answer key]