As I promised, I have posted the Chapter 2 “Quiz” Questions which we worked through last night after the Aspen Airlines example which appears on p. 21 of last night’s lecture note.  Also, I have published a set of 9 questions from Chapter 2 which appeared in the midterm exam for ECO 5315 last fall.  If you want more practice on Chapter 2 concepts, then I recommend that you work through these problems at your leisure.  The solutions to the Chapter 2 “Quiz” Questions are posted here, and the solutions to set of 9 exam questions from chapter 2 are posted here.

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