Consider the following graph of the willingness to pay for five people in the used book market.  What is the change in consumer surplus in this market when the price for a book drops from $30 to $15? consumer surplus 1.png

Consider the graph below of a $2 tax on baskets of radishes. How much value is destroyed in the economy from the imposition of the tax (that is, what is the deadweight loss of the tax)? 2 dollar tax on radishes.png

Consider the graphs of two markets, below. The first market is Panel A and the second is Panel B. The amount of the tax (the height of the tax “wedge”) is the same in both markets. In which market does the seller pay most of the tax? Elasticities and Tax Incidence.png

Deirdre has a choice between writing one more book this year or five more articles this year. What is the opportunity cost of writing half a book this year, in terms of articles?

Consider the market below with the price control represented by the horizontal price level line. Identify the consumer surplus, producer surplus, and deadweight loss in this market. Price controls 2.png

Describe the key characteristics of Naturalism in American Literature. How does it differ from Realism? Give a specific example of Naturalism in one of our assigned works, and explain how the text portrays the characteristics of Naturalism.

What would you identify as the key theme (or themes) in Jack London’s “To Build a Fire”? Explain how the text portrays a message related to this central idea. 

Which in the following list does not belong? Here are types of academic assignments you might find in courses outside of English:

40. The nurse is assessing clients for their risk of developing secondary polycythemia. Which of these clients should the nurse consider at greatest risk? 

Two Truths and a Lie: Select the options that you believe are the true statements.