Can anyone help answer all this questions?

Name MULTIPLE CHOICE: Mark the best answer to each of the following questions BOTH in this exam booklet as well as on your Scantron Answer Sheet. (2 points each) 1. If the demand curve is vertical, the own-price elasticity of demand is a greater then 1.0 equal to 1.0 between 0 and 1.0 equal to 0 MIDTERM EXAM 2 A ticket to an Eric Clapton concert costs $45. If you have a ticket, you can easily "scalp" it (sell it illegally) for $90. If you actually end up attending the concert, the opportunity cost of attending is $30 DePaul University $45 $90 Principles of Microeconomics Winter 2023 M Guns FIGURE ONE H Butter Please note the following rules: 3 In Figure One above, for which of the following would this statement be true: "To get more There are three parts to this exam. In Section I there are 25 multiple choice questions worth 2 butter, we have to give up some guns." A movement from points: points apiece. Section II has 6 market analysis questions worth 5 points apiece. Section III C to D you are to complete the 4 essay questions. Be sure to include a complete analysis for each F to D question in Sections II and III: graphs and the correct procedure must be included. E to F C to F Instructions for Submitting Exam answers: 1. Place answers to Multiple Choice questions #1-25 on the Multiple Choice Answer Sheet on In Figure One above, point C corresponds to page 11. too much butter and not enough guns 2. Answer and draw your graphs of the Market Analysis questions on pages 6-7. full employment of our resources poop 3. Answer the Essay questions on pages 8-10. under employment of our resources 4. Scan and submit completed pages 6-11. both answers a. and b. are correct 5. Submit only PDF or JPEG files. 5. An early Scandinavian study on population found a very high incidence of human births at the same time that there were many storks around. From this, the study concluded that storks cause the birth of babies. This is an example of