经济学题库及答案 (20).pdf

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1、Economics,11e,GlobalEdition(Parkin)Part3Review1Households'Choices1)Simonspends$150permonthonDVDmovierentalsandmusicCDs.Thepriceofamovierentalis$3andaCDis$15.IfSimonbuys10CDspermonth,howmanyDVDswillherent?A)0B)1C)2D)ItisimpossibletodeterminehowmanyDVDsSimonwillrentwithoutmoreinformation.Answer:ATo

2、pic:ConsumptionPossibilitiesSkill:AnalyticalStatus:Previousedition,PartReview3AACSB:AnalyticalSkills2)Dudleyplanstospend£210onicecreamandchocolatebars.Thepriceoficecreamis£3pergallonandachocolatebar£1.50.IfDudleybuys50gallonsoficecream,howmanychocolatebarsisheabletobuy?A)50B)40C)70D)140Answer:BTo

3、pic:ConsumptionPossibilitiesSkill:AnalyticalStatus:Previousedition,PartReview3AACSB:AnalyticalSkills3)AsMatt'sconsumptionofrootbeerincreases,hisA)marginalutilityfromrootbeerincreases.B)marginalutilityfromrootbeerdecreases.C)totalutilityfromrootbeerdecreases.D)bothtotalandmarginalutilityfromrootbe

4、erincrease.Answer:BTopic:MarginalUtilitySkill:ConceptualStatus:Previousedition,PartReview3AACSB:ReflectiveThinking1QuantityofRon'stotalutilityfromchocolatefrogschocolatefrogs1402753105412551304)Inthetableabove,Ron'smarginalutilityfromthe4thchocolatefrogisA)20.B)30.C)115.D)125.Answer:ATopic:Margin

5、alUtilitySkill:AnalyticalStatus:Previousedition,PartReview3AACSB:AnalyticalSkills5)Inthetableabove,Ron'smarginalutilityisA)constant.B)diminishing.C)increasing.D)negative.Answer:BTopic:MarginalUtilitySkill:ConceptualStatus:Previousedition,PartReview3AACSB:AnalyticalSkills6)Basilspendsallhisincomeo

6、napplesandbananas.Applescost$2.50perpoundandbananascost$1.50perpound.Themarginalutilityis20forthelastpoundofapplespurchasedand10forthelastpoundofbananas.Tomaximizehisutility,BasilshouldbuyA)moreapplesandfewerbananas.B)morebananasandfewerapples.C)thepresentcombinationofgoods.D)onlyapples.Answer:AT

7、opic:TheUtility-MaximizingChoiceSkill:AnalyticalStatus:Previousedition,PartReview3AACSB:AnalyticalSkills2CDsComputergamesQuantityMarginalutilityQuantityMarginalutility1501134242212433431144264104518594610684747797)Jaso