All assignments are due on the due date. No exceptions. 

How many rough draft outlines will you write during this course? You will edit these rough draft outlines to submit as final outlines. 

Where is Mr. Lundy’s office?

How many points are the quizzes worth?

I understand that I will have multiple graded assignments due each week in MLM.  I will find the due dates for specific assignments in the Course Calendar handout posted on the Canvas Home Page, on the Syllabus page and in this Start Here module.  I know that every assignment must be completed by 11:00 pm Central Time on the date it is due.  I further understand that failure to complete any assignment by the deadline will result in a grade of zero for the assignment.

During the last decade, the price of shoes rose substantially yet people bought more pairs of new shoes each year. This experience suggests that the

Technological progress makes the production possibilities frontier

f1q6g1.jpg In the above figure, the total producer surplus at the efficient level of output is ________.

With a subsidy paid to sellers, the supply curve shifts ________ and output ________.

Suppose firms in a perfectly competitive industry are incurring an economic loss. As firms exit, the price ________ and the economic loss of the surviving firms ________.