On a service call for flooding in a residential basement, you notice the main water line supplying the home has frozen and busted just inside the basement. What can you do to mitigate this issue?

When an alarm is received, how should firefighters respond to the apparatus?

Your department (volunteer or career) has an emergency and you have been called back to help. You consumed alcohol 4 hours ago. What course of action should you take?

The statement “government should provide free health care for every member of society” is: 

Consider the production possibility curve below showing the production of airplanes and coffee in the fictionalized country of Utopia: If there is an improvement in radar technology, how would you expect the production possibility curve to change?

Prof. Harris likes to watch Super Bowl ads because: 

Suppose you spent all day yesterday studying for your economics exam.  Instead, you could have done one of these things, in this order of importance to you:1. Mowed your neighbors’ lawns, earning $100.2. Gone to the beach, which you value at $50.3. Stayed home, slept late and then watched TV, valued at $25. What was the opportunity cost of spending the day studying?

Suppose you sell laptops for $1,000 and discover that, at that price, the own-price elasticity of demand for laptops is less than 1.  What will you do next?

Describe a good for which your demand is fairly inelastic.  Explain why that is so, using the factors we’ve mentioned in class.  (4-6 sentences)

You are allowed to use CODIO and CANVAS Access the exam HERE