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ID:38467813
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页数:8页
时间:2019-06-13
《Microeconomics课程试卷B》由会员上传分享,免费在线阅读,更多相关内容在教育资源-天天文库。
1、Microeconomics课程试卷B一、选择题:(共15小题,每小题2分,共30分)1.AGiffengood:A.hasanupward-slopingdemandcurve.B.hasadownward-slopingdemandcurve.C.hasahorizontaldemandcurve.D.hasaverticaldemandcurve.2.Theconsumeroptimumoccursat:A.anypointofintersectionbetweenthebudgetlineandanindifferencecurve.
2、B.apointoftangencybetweenthebudgetlineandanindifferencecurve.C.thepointwheretheslopeoftheindifferencecurveequalstheratioofthequantities.D.apointwherethebudgetlinecutsthecurvefrombelow.3.Theslopeofthebudgetconstraintlineisequalto:A.theratioofmarginalutilities.B.theratioofmon
3、eyincometothepriceofthegoodonthehorizontalaxis.C.theratioofmoneyincometothepriceofthegoodontheverticalaxis.D.therelativepriceofthetwogoods—thepriceofonegoodcomparedwiththepriceoftheother.4.Assumethedemandcurveforcompactdiscsslopesdownwards,andthesupplycurveslopesupwards.Ift
4、hepriceofCDplayersdecreases,then:A.theequilibriumpriceofcompactdiscswillfallB.theequilibriumpriceofcompactdiscswillriseC.theequilibriumpriceofcompactdiscswillstaythesameD.Noneoftheabovearecorrect5.Implicitcostsare:A.thepaymentsmadetolabouronly.B.thepaymentsmadebythefirmtoot
5、hers.C.theopportunitycostofresourcesownedbythefirm.D.thesameasaccountingprofit.6.Whenmarginalcostisrising:A.averagevariablecostmayberisingorfalling.B.averagevariablecostmustbefalling.C.averagevariablecostmustberising.D.averagefixedcostmustberising.7.Economicprofitsforperfec
6、tlycompetitivefirms:A.willcontinueinthelongrunforafewefficientfirms.B.willshifttheindustrydemandfunctionrightward.C.willattractnewfirmsintotheindustryinthelongrun.D.willresultinanincreaseinlong-runequilibriumprice.8.Ifthedemandformilkincreaseswhenthepriceofpicklesincreases(
7、ceterisparibus),thenmilkandpicklesare(A)normalgoods.(B)inferiorgoods.(C)complementsinconsumption.(D)substitutesinconsumption.9.Supposethatallthefirmsinacompetitiveindustryhaveaccesstothesametechnologyandthatinputpricesarenotaffectedbythesizeoftheindustry.Iftheminimumvalueof
8、thelong-runaveragecostcurveis£5,thenentryofnewfirmswilloccuruntilthemarketprice:A.
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