1.Calculation of net present value and comparison of two investment alternatives

2.Calculation of the present value of a constant dollar amount received annually

3.Calculation of the present value of a firm given current profit, assumed constant growth rate, and given an interest rate

4.Total benefit and marginal benefit comparison/contrast (conceptual)

5.Accounting profit and economic profit comparison/contrast (conceptual)

6.Demand-supply analysis: predict the outcome for equilibrium price/quantity based on some observations

7.Given demand and supply functions and a government price restriction, identify the price restriction (price ceiling or price floor)

8.Consumer and producer surplus analysis with price ceiling/floor

9.Identify if a good is normal/inferior and if it is a complement/substitute with another good based on a given demand function

1.Identify if a good is normal/inferior and if it is a complement/substitute with another good based on a given demand function

2.Price elasticity of demand calculation using the arc formula

3.Price elasticity of demand calculation using the point formula

4.Price elasticity of demand calculation using the general formula and predict change in total revenue given a change in price

5.Given a regression printout, calculate the quantity of a good sold at a certain price.

6.Given a regression printout, determine if an independent variable is statistically significant.

7.Given cross-price elasticity of demand and income elasticity of demand information, determine if substitute/complement and if normal/inferior.

8.Estimation of price elasticity of demand based on influences on price elasticity

9.Given a price restriction, identify what type it is and anticipated problems

10.Observations of what is true when total revenue is maximized

11.Given a supply function and specified price, calculate producer surplus

12.Conceptual question on present value - think in terms of influences on present value

13.Given cross-price elasticity of demand information, calculate effect of a change in price of one good