CHAPTER 2 ppf and trade PDF

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1、500MicroeconomicsQuestionsbyEricDodgeD&LAcademyCHAPTER2ProductionPossibilities25.Inaproductionpossibilitiesfrontier,whichofthefollowingwoulddescribethelocationofanefficientpointofproduction?(A)Justontheinsideofthecurveorline(B)Ontheinsideofacurve,butnotontheinsideofastraightline(

2、C)Justontheoutsideofeitheracurveoraline(D)Onalineoracurve(E)Onaline,butnotonacurve*26.IfthereisanincreaseinthequantityofoneoftheeconomicresourcesthatisusedtomakebothgoodAandgoodBonaproductionpossibilitiesfrontier,whichofthefollowingwouldbetrue?(A)Apointthathadpreviouslybeenineffi

3、cientwillnowbeefficient.(B)Apointthathadpreviouslybeenefficientwillnowbeunattainable.(C)Apointthathadpreviouslybeenunattainablewillnowbeefficient.(D)YoucanincreasetheproductionofgoodAonly.(E)YoucanincreasetheproductionofgoodBonly.*27.RefertoFigure2.1.Supposeanationwantedtomovefro

4、mproducingacombinationofspatulasandwheatrepresentedbypointEtoproductionrepresentedbypointC.Whichofthefollowingistrue?(A)AneconomycurrentlyproducingatapointrepresentedbypointEcouldnotmovetopointCunlessitexperiencedeconomicgrowth.(B)AneconomycurrentlyproducingatpointEisalreadyprodu

5、cinganunattainableamountandwillhavetodecreasetheproductionofeitherwheatorspatulas.(C)AneconomycurrentlyproducingatpointEcouldproducemoreofbothgoodsandincreaseproductiontopointC.(D)AneconomycurrentlyproducingatpointEwouldneedtoreducetheamountofspatulasitproducedinordertoproducemor

6、ewheattogettopointC.(E)AneconomycurrentlyproducingatpointEwouldneedtoreducetheamountofwheatitproducedinordertoproducemorespatulastogettopointC.*28.AccordingtoFigure2.1,whatwouldbenecessaryforthiseconomytoshiftfrom1500MicroeconomicsQuestionsbyEricDodgeD&LAcademyproducingatpointCto

7、pointF?(A)Thecountrywouldneedtobecomebetteratproducingonlyspatulas.(B)Thecountrywouldneedtobecomebetteratproducingonlywheat.(C)Thecountrywouldneedtobecomebetteratproducingbothgoods.(D)Thecountrywouldneedtoreallocateresourcesawayfromproducingspatulastoproducingwheat.(E)Thecountryw

8、ouldneedtoreallocateresourcesawayfrompro