var imagesXXXlarge = ",,,,,"; var imagesXXlarge = ",,,,,,"; var imagesXlarge = ",,"; var imagesLarge = "krugmanap2e-ch57-fig-8-qfig,,,,,"; var imagesSmall = "krugmanap2e-ch57-fig-4,krugmanap2e-ch57-fig-6,,,"; var imagesMedium = ",,"; //$('#krugmanapecon2e_mod53_cyu_1').attr('data-show-answer', 'array'); xBookUtils.showAnswers['krugmanapecon2e_mod57_cyu_1a'] = "oligopoly"; xBookUtils.showAnswers['krugmanapecon2e_mod57_cyu_1b'] = "perfect competition"; xBookUtils.showAnswers['krugmanapecon2e_mod57_cyu_1c'] = "monopolistic competition"; xBookUtils.showAnswers['krugmanapecon2e_mod57_cyu_1d'] = "monopoly"; xBookUtils.showAnswers['krugmanapecon2e_mod57_fr_2_rubric'] = "
Rubric for FRQ 2 (5 points)
1 point: A graph with “Price,” “P,” or “Dollars per unit” on the vertical axis and “Quantity” or “Q” on the horizontal axis
1 point: A horizontal demand curve at a height of $10
1 point: $10
"; xBookUtils.showAnswers['krugmanapecon2e_sect10_fr_1_rubric'] = "Rubric for FRQ (10 points)
1 point: The axes on the left graph are labeled “Quantity of computers” and “Quantity of cell phones,” and the axes on the right graph are labeled “Quantity of corn” and “Quantity of grapes.”
1 point: The left PPC is a straight, downwardsloping line.
1 point: The right PPC is bowed out from the origin.
1 point: Resources are equally suitable for the production of computers and cell phones, but resources are not equally suitable for the production of corn and grapes.
1 point: The marginal cost curve for the production of cell phones would be horizontal.
1 point: The marginal cost curve for the production of corn would be upward-sloping.
1 point: Each additional bushel of corn would cost more than the previous bushel due to the increasing opportunity cost of production or due to having to use progressively less suitable resources that were better suited for grape production.
1 point: The total cost curve rises at an increasing rate.
1 point: The average fixed cost curve (as always) is downward-sloping.
";