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Prof. Harris likes to watch Super Bowl ads because: 

Suppose the market for gasoline starts out in equilibrium, as seen from the Supply & Demand graph below.  Refer to your answers as (a), (b), & (c).                                                                                               Suppose the demand curve shifts to the right and the supply curve shifts to the left. a. Provide one specific reason why the demand curve for gasoline would shift to the right. b. Provide one specific reason why the supply curve for gasoline would shift to the left. c. Given the shifts above, what will happen to the new equilibrium price and quantity of gasoline? Answer in 1-2 sentences. 

The statement “government should provide free health care for every member of society” is: 

Consider the production possibility curve below showing the production of airplanes and coffee in the fictionalized country of Utopia: If there is an improvement in radar technology, how would you expect the production possibility curve to change?

Suppose you sell laptops for $1,000 and discover that, at that price, the own-price elasticity of demand for laptops is less than 1.  What will you do next?

Suppose you spent all day yesterday studying for your economics exam.  Instead, you could have done one of these things, in this order of importance to you:1. Mowed your neighbors’ lawns, earning $100.2. Gone to the beach, which you value at $50.3. Stayed home, slept late and then watched TV, valued at $25. What was the opportunity cost of spending the day studying?

Suppose you are given these equations describing supply and demand for skateboards: Demand: P = 11 – QdSupply: P = 2 + 2Qs where Qd and Qs are quantity demanded and quantity supplied, respectively. What is the equilibrium price of skateboards?

I understand that I must follow the following instructions: (1) You may not use any electronic device besides your computer to take the exam. Attempting to use other devices during the exam will result in an Honor Code violation.(2) Any attempt to access other webpages, communication tools, resources, or software other than Codio or Canvas will result in an Honor Code violation.(3) For all questions, you are responsible for making sure your code passes the test cases. Your overall score for the exam is the score that is achieved by the autograder. (4) You must click “Check It!” at least once for each question, in order to attempt to receive credit for a particular question. (5) If your HonorLock is not active during any portion of your exam, your exam will be invalid. This means that your grade will be 0. (6) You must submit your Canvas quiz after, and only after, you have finished the Codio exam and marked it as complete. You can access the exam through the link HERE below; which will direct you to the Exam. If it does not, click on the CANVAS link below, and from there go to Modules > Week 5: Exam I > Exam I (Do Not Access without HonorLock) (7) Please click “I accept these terms” to indicate that you have accepted and will adhere to the terms. This constitutes your signature.

Prior to surgery, infants should not be maintained on NPO status longer than __________ hours because of the risk of ______________________________.  

What is the fifth vital sign? _____________