《Sec 21.2 MC Preferences What the Consumer Wants》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、1. Indifferencecurvesillustrate a. afirm’sprofits. b. aconsumer’sbudget. c. aconsumer’spreferences. d. thepricesoftwogoods.ANSWER: cDIFFICULTY: EasyREFERENCES: Preferences-WhattheConsumerWantsLEARNING OBJECTIVES: ECON.MANK.088-Evaluatehowaconsumer
2、canmaximizeutilitysubjecttobudgetlimitations.TOPICS: ConsumertheoryIndifferencecurvesKEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 001.21.2-MC-MANK082. Economistsrepresentaconsumer'spreferencesusing a. demandcurves. b. budgetconstraints. c. indifferencecur
3、ves. d. supplycurves.ANSWER: cDIFFICULTY: EasyREFERENCES: Preferences-WhattheConsumerWantsLEARNING OBJECTIVES: ECON.MANK.088-Evaluatehowaconsumercanmaximizeutilitysubjecttobudgetlimitations.TOPICS: ConsumertheoryIndifferencecurvesKEYWORDS: BLOOM
4、'S:KnowledgeCUSTOM ID: 002.21.2-MC-MANK083. Iftwobundlesofgoodsgiveaconsumerthesamesatisfaction,theconsumermustbe a. onherbudgetconstraint. b. inapositionofequilibrium. c. indifferentbetweenthebundles. d. Bothaandcarecorrect.ANSWER: cDIFFICULTY: Mo
6、NK084. Indifferencecurvesgraphicallyrepresent a. anincomelevelsufficienttoallowanindividualtoachieveagivenlevelofsatisfaction.CopyrightCengageLearning.PoweredbyCognero.Page 41 b. theconstraintsfacedbyindividuals. c. anindividual'spreferences. d. there
7、lativepriceofcommodities.ANSWER: cDIFFICULTY: EasyREFERENCES: Preferences-WhattheConsumerWantsLEARNING OBJECTIVES: ECON.MANK.088-Evaluatehowaconsumercanmaximizeutilitysubjecttobudgetlimitations.TOPICS: ConsumertheoryIndifferencecurvesKEYWORDS: B
8、LOOM'S:KnowledgeCUSTOM ID: 004.21.2-MC-MANK085. Aconsumer a. isequallysatisfiedwithanyindifferencecurve. b. prefersindifferencecurveswithpositiveslopes. c. prefershigherindifferencecurvestolowerindifferencecurves. d. prefersindifferencecurves
