尼科尔森微经练习题 (14).pdf

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1、Chapter16LaborMarkets240.Ifafirmisamonopsonistichireroflabor,*a.itsmarginalexpenseforlaborisgreaterthanthemarketwage.b.itsmarginalexpenseforlaborisequaltothemarketwage.c.itsmarginalexpenseforlaborislessthanthemarketwage.d.itisapricetakerinthelabormarket.241.Foramonopsonistichirerof

2、labor,thegapbetweenlabor’smarginalrevenueproductanditswageratewillbegreatera.themoreelasticthesupplycurveforlabor.*b.themoreinelasticthesupplycurveforlabor.c.themoreelasticthefirm’sdemandforlabor.d.themoreinelasticthefirm’sdemandforlabor.242.Apricediscriminatingmonopsonistcouldincr

3、easeitsprofitsbya.payingtheminimumwagespossible.b.hiringaslittlecapitalaspossible.*c.payinglowerwagestoworkerswithinelasticsupplyoflaborcurvesthantoworkerswithelasticcurves.d.payinglowerwagestoworkerswithelasticsupplyoflaborcurvesthantoworkerswithinelasticcurves.243.Considertwositu

4、ations:InsituationA,theproductionofwidgetsismonopolizedbyasinglefirm.InsituationB,theproductionofwidgetsisperfectlycompetitive.Inbothsituationsthesupplyoflabortowidgetmakersisinfinitelyelasticatawageofw.Inthiscase,theproductpMla.willbethesameinthetwocases.b.willbehigherincaseBthan

5、incaseA.*c.willbehigherincaseAthanincaseB.d.Fromtheinformationgivenitisnotpossibletomakeadefinitestatementaboutthemarginalvalueproductoflabor.244.Amonopolistunionthatdesiredtomaximizeitstotalwagebill(wl)wouldofferthatquantityoflaborforwhicha.labor’smarginalproductivityiszero.b.lab

6、or’swagefallstozero.c.thequantityoflaborhiredisasgreataspossiblegiventhefirm’sdemandcurve.*d.themarginalrevenuefromprovidingonemoreworkertothemarketiszero.Chapter16/LaborMarkets169245.Amonopsonistthatfacesalaborsupplycurveoftheforml=4wandhasaconstantmarginalrevenueproductof50peruni

7、tofl,willoptforwhichfollowing,w,lcombination?a.w=10,l=40.*b.w=25,l=100.c.w=50,l=200.d.w=100,l=400.246.Theopportunitycostofleisureisapproximatedbya.thepriceofleisureactivities(suchastheatertickets).*b.anindividual’shourlyrealwagerate.c.commutingexpense.d.anindividual’stotalincome.24

8、7.Theslopeofanindividual’s