
Economics Economics Forum  Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance 
 LinkBack  Thread Tools  Display Modes 
April 21st, 2013, 07:23 PM  #1 
Newbie Joined: Apr 2013 Posts: 1 Thanks: 0  Is my Professor Wrong? Basic Econ Problems
Hi guys, I am doing a study guide provided by my professor, and I am getting very different answers from the answers he provides. He is not the easiest professor to contact (speaks a different language and rarely checks his email). problem 1 http://i1345.photobucket.com/albums/...ps7aaeb95a.png problem 2 http://i1345.photobucket.com/albums/...ps7acb2fd1.png So far I was getting everything right in the study guide, but these problems seriously have me worried that I am not prepared for the exam tomorrow. He is known to make a lot of mistakes in the past, so I am not sure if it is my answers that are wrong or his. Please help! What answers are you guys getting for these and why? 
April 22nd, 2013, 07:54 AM  #2 
Math Team Joined: Oct 2011 From: Ottawa Ontario, Canada Posts: 14,597 Thanks: 1038  Re: Is my Professor Wrong? Basic Econ Problems
Are you serious...looks too easy to be true Your 1st link show this column: 0: 0 1: 100 2: 300 3: 600 4: 1000 5: 1500 6: 2100 7: 2800 8: B 9: 4500 10: 5500 You're asked to pick one of these as describing above: a) decreasing at constant rate b) decreasing at decreasing rate c) increasing at constant rate d) increasing at increasing rate WHY a) and b) ? Anyone can see the darn thing is increasing! Easy to see increases are 100, 200, 300, 400, 500, 600, 700, 800, 900, 1000 So not c) ; therefore answer is d) PLUS if you're asked for B's value, you can easily tell it's 2800 + 800 = 3600, right? Is your teacher REALLY getting these wrong? 
April 22nd, 2013, 10:20 AM  #3  
Global Moderator Joined: Nov 2006 From: UTC 5 Posts: 16,046 Thanks: 938 Math Focus: Number theory, computational mathematics, combinatorics, FOM, symbolic logic, TCS, algorithms  Re: Is my Professor Wrong? Basic Econ Problems Quote:
 
April 22nd, 2013, 11:03 AM  #4  
Math Team Joined: Oct 2011 From: Ottawa Ontario, Canada Posts: 14,597 Thanks: 1038  Re: Is my Professor Wrong? Basic Econ Problems Quote:
 

Tags 
basic, econ, problems, professor, wrong 
Search tags for this page 
Click on a term to search for related topics.

Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Problems with basic limit  Tutu  Calculus  4  June 26th, 2012 04:08 AM 
What am I doing wrong in this basic equation? Or am I wrong?  Regnes  Algebra  2  January 19th, 2012 09:58 PM 
Hi! I'm professor from Brazil...  ars111  New Users  10  December 28th, 2011 12:01 PM 
How come my answers are wrong to the probability problems?  davedave  Probability and Statistics  2  October 25th, 2011 07:36 AM 
Basic algebra problems  Sunde  Algebra  4  August 7th, 2011 01:25 AM 