Blog

Suppose we are examining the market for Pepsi and the price of Mountain Dew (a substitute in consumption and a substitute in production) decreases. As a result, the demand for Pepsi will and the supply for Pepsi will , the equilibrium price will and the equilibrium quantity will . 

Italy’s opportunity cost of producing 1 wheel of cheese is ?

France’s opportunity cost of producing 1 bottle of wine is .

Which of the following will cause the demand curve for baking flour to shift to the left?

Suppose we are examining the market for Pickleball paddles and the price of graphite (used in the production of the paddles) increases and more people start playing pickleball. As a result, the demand for pickleball paddles will , the supply for pickleball paddles will , the equilibrium price will and the equilibrium quantity will .

Refer to the following table for the next seven questions.Piolli Electronics and Sumo Technology are both small manufacturers of high-end navigation systems and car security systems. The following table describes their maximum outputs per day. Navigation Systems Security Systems Piolli 40 80 Sumo 30 45 At what terms of trade (relative price ratio) could Piolli and Sumo specialize and trade with one another so that both have more navigation systems and security systems than they could have produced on their own?

When Lucy chose a major, she likely thought about her skills. Let’s say Lucy doesn’t enjoy dealing with numbers. How could she explain to her parents, using logic from economics, why she chose to major in English instead of mathematics?

Refer to the following graph to answer the next five questions. This society could reach Point F when there is a(n)

Cultura (7 points total)  Based on the cultural information in Nuestro Mundo: Panoramas in chapters 1 & 2 as well as some cultural topics we have covered together as a class, circle the answer that best completes the sentence (1 point each, 7 pts. Total)   1. [blank1] era un autor muy famoso de Cuba por sus poemas Versos Sencillos y su documento de independencia Nuestra América.   2. [blank2] es una tradición cultural polémica (controversial) que se originó en España.  3. En Valencia y diferentes regiones de España, un plato típico con base de arroz es [blank3].  4. Los [blank4] famosos de Guatemala son una tradición milenaria de las mujeres mayas.  5. Se usan el vosotros (por ejemplo: “vosotros habláis”) en [blank5], 6. En los países de España y Latino América, usan [blank6].  7. La Universidad Complutense de Madrid fue fundado (was founded) en [blank7].  

Vocabulario (12 points total)  Definiciones: En salón de clases: Read the definition of the items you will find in a typical university classroom and write the correct and write the most logical term in Spanish it defines. Be sure to include definite or indefinite articles (1 ½ points each: 1pt. word and ½ pt. definite or indefinite article; 12 points total)   MODELO  :    Definition: “La persona que enseña la clase.”             Possible Answers:  el profesor/ un profesor/ la profesora / una profesora   1. Una máquina que usas para sumar (add) números. [blank1]  2. Una bolsa que llevas para transportar materiales para clase. [blank2] 3. La representación geográfica de la Tierra. [blank3] 4. Un medio de comunicación en que puedes textear. [blank4] 5. Un material que se usa para escribir o dibujar (draw). [blank5] 6. Un tipo de libro en que tomas notas (notes). [blank6] 7. Una acción/un verbo que haces con los libros o el texto digital de LingroHub. [blank7] 8. Un objeto que abres o cierras para entrar y salir de la clase. [blank8]