Scarcity, possibilities curve, supply & demand

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Demonstrate your ability to draw a simple production possibilities curve given data on the quantity of one input (labor) and the amount of labor required to produce each of two outputs (guns and
butter). You should also be able to identify the opportunity cost of one good in terms of the other as the slope of
the PPC. You will explain your analysis of the figures to explain why it’s not possible to produce combinations
of the two goods outside the PPC.
Guns or Butter?
Suppose a nation has a total of 12 units of labor, which can be used to produce either guns or butter. One gun
takes 6 units of labor to produce and 1 butter takes 2 units of labor to produce.
Explain why scarcity exists in this economy. Use the data as evidence of your reasoning.
What is the maximum quantity of guns that can be produced?
What is the maximum quantity of butter than can be produced?
Draw the nation’s production possibility curve.
What is the opportunity cost of guns in this nation?
Explain why the nation can’t produce both 3 guns and 4 butters.
Explain why the nation shouldn’t produce both 1 gun and 2 butters.
Question 2:
A key skill in economics is the ability to use the theory of supply and demand to analyze specific markets.
Below are three scenarios in which you will get a chance to demonstrate your ability to analyze the effects of
several “shocks” to the market for coffee. Answer all parts of each of the scenarios.
Scenario 1: Suppose that, as part of an international trade agreement, the U.S. government reduces the tariff
on imported coffee. Will this affect the supply or the demand for coffee? Why? Which determinant of demand or
supply is being affected? Show graphically with before- and after-curves on the same axes. How will this
change the equilibrium price and quantity of coffee? Explain your reasoning.
Scenario 2: Suppose the National Institutes of Health publishes a study finding that coffee drinking reduces the
probability of getting colon cancer. How do you imagine this will affect the market for coffee? Why? Which
determinant of demand or supply is being affected? Show graphically with before- and after-curves on the
same axes. How will this change the equilibrium price and quantity of coffee? Explain your reasoning.
Scenario 3: Combine parts 1 and 2. Suppose that the U.S. government reduces the tariff on imported coffee,
and a reputable study is published indicating that coffee drinkers have lower rates of colon cancer. What will
the combined impact be on the equilibrium price and quantity of coffee? Explain your reasoning and show graphically.

Sample Solution

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Essay; Food Blog

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Find a food blog you like andwrite abrief essay—550-750 words—in which you analyze various aspects of the blog. Usethe terms introduced by Melissa Goldthwaite in her essay “What is Food
Writing?” (the first essay in Norton Mix). In the section “Reading About Food”(pages 2-3)she introduces and
explains several terms central to reading and writing in the humanities: audience, purpose, tone, and ethosare
the big ones.

Sample Solution

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Network usable hosts

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  1. What is the maximum number of useable hosts on the network 210.126.48.183/29
  2. What is the /notation (CIDR notation) for the subnet mask 255.255.255.224?
  3. What is the Network, Broadcast address, and Host range for the network this host belongs to?
    200.150.50.100/27
  4. If you have a network with 22 host bits, how many network bits are there?
  5. What is the dotted decimal subnet mask for a /26 network? Why do you need to know this?
  6. If you have a LAN that requires 115 useable hosts, what subnet mask would you assign?
  7. Is this address a subnet address, a host address, or a broadcast address? 199.44.28.191/26
  8. What is the broadcast address for the network that this address belongs to? 200.150 44.110/29
  9. How many useable hosts are on a /28 network?
  10. If you have a network with 60 usable hosts, what is the most efficient subnet mask if you do not expect growth?

More below 

Network & Host Identification

Q11 – 15. Circle the network portion of these addresses (5 points each) First 2 answers given:
177.100.18.4 255.255.0.0
119.18.45.0 255.0.0.0
209.240.80.78 255.255.255.0
190.155.77.56 255.255.0.0
117.89.56.45 255.0.0.0
158.98.80.0 255.255.0.0
193.42.1.1 255.255.255.0

Q16 – 20 Circle the host portion of these addresses (5 points each) First 2 answers given:
10.15.123.50 255.0.0.0
171.2.199.31 255.255.0.0
198.15.87.17 255.255.255.0
17.145.222.45 255.0.0.0
191.41.35.112 255.255.0.0
115.205.69.27 255.255.0.0
192.115.55.2 255.255.255.0

Q21 – 25 CIDR notation First 2 answers given:
If the dotted decimal subnet mask is given give me the CIDR notation
If the CIDR notation subnet mask is given give me the dotted decimal notation
255.255.240.0 /20_____________________________
/19 255.255.224.0____________________
255.224.0.0 __________________________
255.255.128.0 __________________________
/28 __________________________
/9 __________________________
255.255.255.192 __________________________

Sample Solution

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The History of Egypt

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Test 1 Prehistory/Egypt/ANE
Define the following
1) Paleolithic
2) Neolithic
3) Mesolithic
4) Pharaoh
5) Vizier
6) Monarchy
7) Theocracy
8) Monotheism
9) Polytheism
10) Cuneiform
11) Hieroglyphics
12) Menhir
13) Dolmen
14) Cromlech
15) Votive
16) Dynasty
17) Regent
18) Fresco
19) Hierarchic scale
20) Canon of proportions
Name 2 characteristics of the following cultures’ art:
21-22) Egyptian
23-24) Amarna Period
25-26) Minoan
27-28) Mycenaean
29-30) Neolithic
31-32) Paleolithic
33-34) Sumerian
35-36) Akkadian/Assyrian
Short answers:
37) Who wrote the Iliad and the Odyssey?
38) What is the Fertile Crescent?
39) How would you define civilization?
40) What was the world’s first civilization?
41) What was the world’s first nation state?
42) Who was the first monotheist?
Multiple choice and short answer:
43) Which of these was NOT a major Aegean Greek civilization?
a) Mycenaeans b) Trojans c) Minoans d) Cycladic

44) Which of these was NOT a group of archaic Greeks?
a) Ionians b) Spartans c) Dorians d) Aeolians

45) Which building had the world’s first plumbing system?
a) Palace of Knossos b) Colosseum c) Baths of Caracalla d) Livia’s Palazzo

46) Who invented plumbing?
47) What culture had Knossos as its capital?
48) Where were the earliest known cave paintings created?
a) Lascaux b) Altamira c) Chauvet d) Peche Merle

49)Which of these is NOT a location where cave painting can be found?
a) Jericho b) Lascaux c) Chauvet d) Altamira

50 – 52) What are the names for the 3 eras of prehistory?

53-54) What were 2 Sumerian innovations/inventions?

55) Which of these was NOT a Sumerian god?
a) Anu b) Ahriman c) Enki d) Ishtar e) Ea

56) Which artwork is considered the masterpiece of the Ancient Near East?
a) Bust of Nefertiti b) Standard of Ur c) Hunting Reliefs d) Mona Lisa

57) Which artwork is considered the masterpieces of the Sumerians?
a) Bust of Nefertiti b) Standard of Ur c) Hunting Reliefs d) Mona Lisa

58) Who wrote the first complete set of laws?
a) Ur-Nammu b) Napoleon c) Justinian d) Hammurabi

59) Who was the first known artist?
a) Michelangelo b) Imhotep c) Djoser d) Ramesses II

60-62) List the 3 major periods of Egyptian history

63) What is the oldest stone structure in history?
a) Ziggurat of Ur b) Great Pyramid c) Step Pyramid d) Mastaba

64) What is the largest stone structure in history?
a) Ziggurat of Ur b) Great Pyramid c) Step Pyramid d) Mastaba

65)What were pyramids mainly used for?
a) Observing the heavens b) Alien landing platforms c) Tombs for pharaohs

66) Who wrote the first code of laws (complete)?
a) Hammurabi b) Moses, c) Ur-Nammu d) Justinian

67) What was the greatest/most important Sumerian invention?
a) boats b) schools c) religion d) writing

68) What is the oldest work of written literature?
a) Epic of Gilgamesh b) The Iliad c) The Bible d) Book of the Dead

69) Why is Hatshepsut important historically?
a) Builder of many temples b) first peace treaty c) first woman pharaoh

70) What was unique about the discovery of Tutankhamen’s (King Tut’s) tomb?

71-73) Name 3 Egyptian gods.

74-75) Which of these was NOT a Persian god?
a) Ahura-mazda b) Anu c) Ahriman

76) What was the Egyptian scientific innovation that we still use today?
a) Solar calendar b) Boats c) the Wheel d) Astronomy

77) Name the world’s first nation state.
a) Sumer b) Assyria c) Egypt d) Babylonia

78) Which of these was not one of the 4 ancient river valley civilizations?
a) Tigris and Euphrates Rivers b) Songhai River c) Nile River d) Yang Tze River e) Indus River

79) Which civilization created the world’s first empire?
a) Assyrian b) Neo-Sumerian c) Akkadian d) Babylonian

80) What is the name of the event in which Nebuchadnezzar II captured Jerusalem and placed the Jews in slavery?
a) Babylonian Captivity b) Exodus c) Armageddon d) Captivity of the Jews

81) Which culture was the first to use iron weapons?
a) Kassites b) Elamites c) Hittites d) Babylonian

  1. What is the name of the world’s largest religious structure?
    a) The Vatican b) Notre Dame Cathedral c) Ziggurat of Ur d) Temple of Amen-Re

83) What is the world’s oldest type of art?
a) Sculpture b) Painting c) Mosaic d) Architecture

84) Which discovery separates Paleolithic from the Neolithic period?
a) writing b) domestication of animals c) agriculture d) both b and c

85) What is the oldest city in the world?
a) Catal Huyok b) Jericho c) Jerusalem d) Rome

86) What is the oldest continuously inhabited city in the world?
a) Catal Huyok b) Jericho c) Jerusalem d) Rome

Identify the name of the art work, the style (type) and one other piece of information.

  1. 2.
  2. 4.
  3. 6.
  4. 8.
  5. free choice 16.
  6. free choice 22.
  7. free choice 30.

Sample Solution

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