Today's slides are up on the website, and the quiz scores are on ANGEL. I'll hand back the quizzes tomorrow, and we can discuss it in class. I'll also post an answer key before tomorrow (once I find a scanner).
Tomorrow, I'll follow up on today's discussion of monopoly and also show how elasticities are used to evaluate the effect per-unit taxes on prices.
Friday's quiz may include: demand shifters (from quiz 1), calculating equilibrium, calculating excess supply or excess demand, price ceilings and floors, and a bonus question. It will be given at the beginning of class on Friday. See you tomorrow,