黄新飞《微观经济学》chapter1-16习题

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1、Chapter11・Economicanalysis:A)involvessomesimplificationsofreality.B)isonlyvaguelyrelatedtorealitybecauseifitdidsocoincide,itwouldnotstillbetheory.C)isimpossible,becauseoftheimpossibilityofacontrolledexperiment.D)ifitisgoodtheory,involvesnosimplificationofreality.E)invoIvessomuchd

2、istortionofrealityastobeworthless.Ans:A2.Whatareeconomicgoods?A)Goodsthatareveryexpensive・B)Goodsthatareinscarceorlimitedsupply.C)Goodsthatacountryproducesandthentradestoanothercounty.D)Goodsthatarevitaltoanindividuafswelfare・E)Alloftheabove.Ans:B3•”Scarcity”ineconomicsrefersbasi

3、callyto:A)periodsoffamine.B)monopolizationofexistingsuppliesofgoods.C)monopolizationofresourcestoprovidegoods.D)monopolizationofoutletstosellgoods・E)noneoftheabove.Ans:E4.^^Distribution^,ineconomicsrefersto:A)retailing,wholesaling,andtransportation.B)what.C)how.D)forwhom.E)noneof

4、theabove・Ans:D5.Thethreequestionsofwhat,how,andforwhom:A)relatetothethreefactorsofproduction.B)existbecauseofscarcity.C)aremoreofaprobleminamarketeconomy.D)aremoreofaprobleminacommandeconomy.E)arenolongerrelevant.Ans:B4.Thedescriptionofeconomicsas,ncoolheadsintheserviceofwarmhear

5、tsmeansthat:A)allocatingscarceresourcesmayrequirepainfuldecisions・B)costsandbenefitsneedtobeweighedobjectively.C)theproperbalancemustbestruckbetweenthedisciplineofthemarketandthegenerosityofthewelfarestate.D)alloftheabove.E)noneoftheabove・Ans:D5.Whenmovingalongaproductionpossibil

6、itiesfrontier,theopportunitycosttosocietyofobtainingmoreofoneofthetwogoods:A)ismeasuredindollarterms.B)usuallydecreasesasmoreofthegoodisproduced.C)ismeasuredbytheamountoftheothergoodthatmustbegivenup.D)ismeasuredbytheadditionalresourcesthatmustbeusedtoproducethegood・E)isusuallyco

7、nstant.Ans:CS.Thesedatareflectthreepossiblecombinationsoffoodandnothingthatcanbeproducedfromagivensetofresources・Food1050ClothingOX50Refertotheabovedata・Ifbothclothingandfoodalwaysuseallinputsinthesameproportion,thenXmustbe:A)25.B)morethan25.C)lessthan25.D)50.E)cannotnotbedetermi

8、nedfromthedataAns:A9.Beingontheproductio