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中級微觀經(jīng)濟學(雙語)知到智慧樹章節(jié)測試課后答案2024年秋山東財經(jīng)大學第一章單元測試
WhatMicroeconomicsisabout?(
)
A:StudyoffinancialpositionoftheeconomyB:StudyofBusinessEnvironmentC:StudyoftheEconomyatMicroLevel
答案:StudyoftheEconomyatMicroLevelEconomicsproceedsbymakingmodelsof(
),whicharesimplifiedrepresentationsofreality.
A:people’simaginationB:socialphenomenaC:stories
答案:socialphenomenaThedemandcurveshows(
)
A:howmuchmarketwouldliketotrade.B:howmuchfirmswouldliketosellateachprices.C:howmuchpeoplewouldliketopayatthereserveprices.
答案:howmuchpeoplewouldliketopayatthereserveprices.Theconflictbetweenthescarceeconomicwantsofsocietyanditslimitedresourcesgivesrisetotheeconomizingproblem.
A:對B:錯
答案:對Theonlyrequirementforamarkettobeperfectlycompetitiveisforthemarkettohavemanybuyersandsellers.
A:對B:錯
答案:錯Econimicsisthestudyof
A:Howsocietiesusescarceresources
B:HowtomaxmizetheprofitC:HowtomaxmizecomsumerwealthD:Howtomakeeconomicpolicies
答案:Howsocietiesusescarceresources
Scarceresourcesmean
A:Comparingwithdemand,resourcesarealwayslimitedB:ResourcesarenotrenewableC:ResourcemustbeprotectfornextgenerationD:Resourceswillbeexhausted
答案:Comparingwithdemand,resourcesarealwayslimitedInmarket,priceswilltransferinformationaboutsupplyanddemand
A:錯B:對
答案:對Economicequilibriummeanstheeconomicstatuswillnotbechangedwithoutotherschanging.
A:對B:錯
答案:錯Marketallocationofresourcesmeansmarketusepricesassignalstoallocateresourcestotheirhighestvalueduse.
A:對B:錯
答案:對
第二章單元測試
Iftherearetwogoodswithpositivepricesandthepriceofonegoodisreduced,whileincome
andotherpricesremainconstant,thenthesizeofthebudgetsetisreduced.
A:對B:錯
答案:錯
Ifpreferencesaretransitive,moreisalwayspreferredtoless.
A:對B:錯
答案:錯Withquasi-linearpreferences,theslopeofindifferencecurvesisconstantalongallraysthroughtheorigin.
A:錯B:對
答案:錯Hanshas27dollars,whichhedecidestospendonxandy.Commodityxcosts$16perunitandcommodityycosts$10perunit.HehastheutilityfunctionU(x,y)=5x2+2y2andhecanpurchasefractionalunitsofxandy.
A:
Hanswillchooseonlyx.B:
Hanswillchoosesomeofeachcommodity,butmorexthany.C:
Hanswillchooseonlyy.D:
Hanswillchosesomeofeachcommodity,butmoreythanx.
答案:
Hanswillchooseonlyy.WandaLittlemore'sutilityfunctionisU(x,y)=x+63y2.Herincomeis184.Ifthepriceofxis1andthepriceofyis33,howmanyunitsofgoodxwillWandademand?
A:19B:24C:22D:17
答案:19Ifoneutilityfunctionisamonotonictransformationofanother,thentheformermustassignahigherutilitynumbertoeverybundlethanthelatter.
A:錯B:對
答案:錯Ifaconsumerdoesnothaveconvexpreferences,thenapointoftangencybetweenherindifferencecurveandherbudgetlinemustbeanoptimalconsumptionpoint.
A:錯B:對
答案:錯Isobelconsumespositivequantitiesofbothjamandandjuice.Thepriceofjamis5centsperunitandthepriceofjuiceis10centsperunit.Hermarginalutilityofjamis10andhermarginalutilityofjuiceis5.
A:Withoutchanginghertotalexpenditures,shecouldincreaseherutilitybyconsumingmorejuiceandlessjam.B:Withoutchanginghertotalexpendituresonjamandjuice,shecouldnotincreaseherutility.C:Wecan'ttellwhetheranyoftheotherstatementsaretrueorfalsewithoutknowingthequantitiessheconsumes.D:Withoutchanginghertotalexpenditures,shecouldincreaseherutilitybyconsumingmorejamandlessjuice.
答案:Withoutchanginghertotalexpenditures,shecouldincreaseherutilitybyconsumingmorejamandlessjuice.
A:24B:22C:17D:19
答案:19Iftheequlibriumpriceofgasolineis$1.00pergallonandthegovernmentplacesapriceceilingongasolineof$1.50pergallon,theresultwillbeashortageofgasoline
A:錯B:對
答案:錯
第三章單元測試
Ifpreferencesarequasilinear,thenforveryhighincomestheincomeoffercurveisastraightlineparalleltooneoftheaxes.
A:對B:錯
答案:對Iftwogoodsaresubstitutes,thenanincreaseinthepriceofoneofthemwillincreasethedemandfortheother.
A:對B:錯
答案:對AnEngelcurveisademandcurvewiththeverticalandhorizontalaxesreversed.
A:對B:錯
答案:錯Daisyreceivedataperecorderasabirthdaygiftandisnotabletoreturnit.HerutilityfunctionisU(x,y,z)=x+z1/2f(y)wherezisthenumberoftapesshebuys,yisthenumberoftaperecordersshehasandxistheamountofmoneyshehaslefttospend.f(y)=0ify<1andf(y)=8ifyis1orgreater.Thepriceoftapesis2andshecaneasilyaffordtobuydozensoftapes.Howmanytapeswillshebuy?
A:8B:2C:6D:4
答案:4Mikeconsumestwocommodities,xandy;andhisutilityfunctionismin{x+2y,y+2x}.Hechoosestobuy8unitsofgoodxand16unitsofgoody.Thepriceofgoodyis0.50.Whatishisincome?
A:32B:40C:24D:16
答案:16Quasilinearpreferencesarehomotheticwhentheoptimalamountofoneofthegoodsisnotaffordable.
A:錯B:對
答案:錯Waltconsumesstrawberriesandcreambutonlyinthefixedratioofthreeboxesofstrawberriestotwocartonsofcream.Atanyotherratio,theexcessgoodsaretotallyuselesstohim.Thecostofaboxofstrawberriesis10andthecostofacartonofcreamis10.Walt'sincomeis200.Whichofthefollowingistrue?
A:Waltdemands10boxesofstrawberries.B:Waltdemands10cartonsofcream.C:Waltdemands12boxesofstrawberries.D:Waltconsidersstrawberriesandcartonsofcreamtobeperfectsubstitutes.
答案:Waltdemands12boxesofstrawberries.Madonnabuysonlytwogoods.HerutilityfunctionisCobb-Douglas.Herdemandfunctionshavewhichofthefollowingproperties?
A:Herdemandforneithergooddependsonincome.B:Herdemandforoneofthetwogoodsdoesnotdependonincome.C:Herdemandforeachofthegoodsdependsonincomeandonthepricesofbothgoods.D:Herdemandforeachofthetwogoodsdependsonlyonherincomeandonthepriceofthatgooditself.
答案:Herdemandforeachofthetwogoodsdependsonlyonherincomeandonthepriceofthatgooditself.Thedownwardslopingdemandcurvecanbeexplainedby:
A:TheincomeeffectB:DiminishingmarginalutilityC:DiminishingmarginalreturnsD:noneofall
答案:Theincomeeffect;DiminishingmarginalutilityOtherthingsheldconstant,whichofthefollowingwouldnotcauseachangeindemandforbeef?
A:AnincreaseinthepriceofchickenwhichisasubstituteforbeefB:AdecreaseinthepriceofbeefC:Adecreaseinconsumers'incomesduringarecessionD:Anexpectationthatnextmonthpriceswillbelower
答案:Adecreaseinthepriceofbeef
第四章單元測試
Thestrongaxiomofrevealedpreferencerequiresthatifaconsumerchoosesxwhenhecanaffordy;andchoosesywhenhecanaffordz;thenhewillnotchoosezwhenhecanaffordx.
A:對B:錯
答案:對Ifaconsumermaximizesautilityfunctionsubjecttoabudgetconstraintandhasstrictlyconvexpreferences,thenhisbehaviorwillnecessarilysatisfytheweakaxiomofrevealedpreferenceandthestrongaxiomofrevealedpreference.
A:對B:錯
答案:對TheLaspeyrespriceindexdiffersfromthePaaschepriceindexbecausetheLaspeyresindexholdspricesconstantandvariesquantitieswhilethePaaschepriceindexholdsquantitiesconstantandvariesprices.
A:錯B:對
答案:錯
LetAstandforthebundle(7,9);Bstandforthebundle(10,5);andCstandforthebundle(6,6).Whenpricesare(2,4);BettychoosesC.Whenpricesare(12,3)shechoosesA.Whichofthefollowingistrue?
A:AisdirectlyrevealedpreferredtoB.B:AisindirectlyrevealedpreferredtoB.C:CisdirectlyrevealedpreferredtoA.D:Noneofall
答案:NoneofallRememberthattheLaspeyrespriceindexusestheoldquantitiesfortheweights.In1971,goodxcost3andgoodycost1.Thecurrentpriceofgoodxis3andthecurrentpriceofgoodyis5.In1971theconsumptionbundlewas(x,y)=(3,5).Thecurrentconsumptionbundleis(x,y)=(9,4).TheLaspeyresindexofcurrentpricesrelativeto1971pricesisclosesttowhichofthefollowingnumbers?
A:2.43B:0.30C:1.52D:3.36
答案:2.43Itfollowsfromtheweakaxiomofrevealedpreferencethatifaconsumerchoosesxwhenhecouldaffordyandchoosesywhenhecouldaffordx;thenhisincomemusthavechangedbetweenthetwoobservations.
A:對B:錯
答案:錯Atprices(4,12);Harrychoosesthebundle(9,4).Attheprices(8,4);Harrychoosesthebundle(2,9).Isthisbehaviorconsistentwiththeweakaxiomofrevealedpreference?
A:Wewouldhavetoobserveathirdchoicetobeabletosay.B:Itdependsonhisincome.C:NoD:Yes
答案:YesAstudentspendsallofherincomeonpizzaandbooks.Whenpizzascost$3eachandbookscost$10each,sheconsumed30pizzasand3bookspermonth.Thepriceofpizzasfellto$2.90eachwhilethepriceofbooksroseto$11each.Thepricechange:
A:leftherexactlyaswelloff
asbefore.B:leftheratleastaswelloff
asbeforeandpossiblyhelpedher.C:madeherworseoffD:hadthesameeffectasa$3increaseinherincome.
答案:leftheratleastaswelloff
asbeforeandpossiblyhelpedher.Ifthebundlexisrevealed(directlyorindirectly)aspreferredtothebundleyandx1y,thenitisneverthecasethattheyisrevealed(directlyorindirectly)aspreferredtox;sothenecessaryandsufficientconditionforwell-behavedpreferenceis(
)
A:convexityandmonotonicityB:indirectlypreferredC:RevoveringindifferencecurveD:StrongAxiomofRevealedPreference
答案:StrongAxiomofRevealedPreferenceRevealedpreferenceanalysisteststhebehavioralhypothesisthataconsumerchoosesthemostpreferredbundlefromthoseavailable.Discovertheconsumer'spreferencerelation.
A:對B:錯
答案:錯
第五章單元測試
AGiffengoodmustbeaninferiorgood.
A:錯B:對
答案:對Thecompensateddemandfunctionreferstothedemandfunctionofsomeonewhoisadequatelypaidforwhatheforshesells.
A:錯B:對
答案:錯Inthecaseofhomotheticpreferencestheentirechangeindemandfromapricechangeisduetothesubstitutioneffect.
A:錯B:對
答案:錯Waltconsidersxandytobeperfectsubstitutes.Theyoriginallycost10and9respectively.Hisincomeis720.Onedaythepriceofxdropsto8.Whichofthefollowingistrue?
A:Theincomeeffectincreasesthequantityofxby80.B:Theincomeeffectincreasesthequantityofyby90.C:Thesubstitutioneffectincreasesthequantityofxby90D:Thesubstitutioneffectincreasesthequantityofyby80.
答案:Thesubstitutioneffectincreasesthequantityofxby90SupposethatbananasareanormalgoodandWoodyiscurrentlyconsuming100bananasatapriceof10centseach.
A:Whetherhisordinarydemandcurveorhiscompensateddemandcurveissteeper,dependsonwhetherhispriceelasticityisgreaterthan1.B:HisSlutskycompensateddemandcurvegoingthroughthispointissteeperthanhisordinarydemandcurve.C:HisordinarydemandcurvegoingthroughthispointissteeperthanhisSlutskycompensateddemandcurve.D:HisordinarydemandcurveissteepertotheleftandhisSlutskycompensateddemandcurveissteepertotherightofthispoint.
答案:HisSlutskycompensateddemandcurvegoingthroughthispointissteeperthanhisordinarydemandcurve.Johnpurchasestwogoods,xandy.Goodxisaninferiorgoodforsomerangeofincome.Theremustbeanotherrangeofincomeforwhichgoodxisanormalgood.
A:錯B:對
答案:對Thefollowingcanbesaidabouttheincomeandsubstitutioneffectsofapriceincreaseonthedemandforthegoodwhosepricerose:
A:Bothcanbeeitherpositiveornegative.B:Whilethelatterisalwaysnegative,theformercanbeeitherpositiveornegative.C:Whiletheformerisalwaysnegative,thelattercanbeeitherpositiveornegative.D:Theformerisalwayspositiveandthelatterisalwaysnegative.
答案:Whilethelatterisalwaysnegative,theformercanbeeitherpositiveornegative.Whenthepriceofxrises,Marvinrespondsbychanginghisdemandforx.Thesubstitutioneffectisthepartofthischangethatrepresentshischangeindemand:
A:holdingthepricesofsubstitutesconstant.B:ifheisallowedtosubstituteasmuchxforyashewishes.C:ifhismoneyincomeisheldconstantwhenthepriceofxchanges.D:noneofall.
答案:noneofall.nonnegativemeans(
)
A:Ifthepriceofagoodgoesup,ifthegoodisanormalgood,thenitisnonnegativeB:Ifwehaveanormalgood,thesubtitutioneffectandtheincomeeffectworkinisnonnegative.C:Ifpriceofgoodgoesdown,thechangeinthedemandforthegoodduetothesubtitutioneffectmustbenonnegativeD:Forsamllchangesinprice,HicksandSlutskydefinitionsforsubstitutioneffectsarenonnegative
答案:Ifpriceofgoodgoesdown,thechangeinthedemandforthegoodduetothesubtitutioneffectmustbenonnegativeoppositetothatofthepricechange,(
)justlikethesultskysubstitution
effect
A:SARPisbothanecessaryandasufficientcondition(UnlikeWARP)forwhat?B:HickssubstitutioneffectC:HickssubstitutioneffectmustbeinadirectionD:Thesubstitutioneffectis
答案:Hickssubstitutioneffectmustbeinadirection
第六章單元測試
Ifarationalutilitymaximizerisanetdemanderofagood,andifanincreaseinitspricecauseshimtobuymoreofit,thenitmustbeaninferiorgood.
A:錯B:對
答案:對Ifaconsumerisabuyerofsomegoodsandasellerofothers,thenachangeinpriceswillgenerateanextraincomeeffectintheSlutskyequationduetotherevaluationoftheconsumer'sendowment.
A:錯B:對
答案:對Ifautilitymaximizerisanetsellerofsomethingandthepriceofthatgoodriseswhileotherpricesstayconstant,hersituationmightimprovesomuchthatshebecomesanetbuyer
A:錯B:對
答案:錯MarshaMellowisveryflexible.Sheconsumesxandy.Shesays`Givemexorgivemey;Idon'tcare.Ican'ttellthedifferencebetweenthem.'Sheiscurrentlyendowedwith14unitsofxand6unitsofy.Thepriceofxis4timesthepriceofy.Marshacantradexandyatthegoingprices,buthasnoothersourceofincome.HowmanyunitsofywillMarshaconsume?
A:62B:6C:20D:66
答案:62Yoraminsistsonconsuming3timesasmuchyasheconsumesofx(sohealwayshasy=3x).Hewillconsumethesegoodsinnootherratio.Thepriceofxis2timesthepriceofy.Yoramhasanendowmentof24x0sand42y0swhichhecantradeatthegoingprices.Hehasnoothersourceofincome.WhatisYoram'sgrossdemandforx?
A:66B:18C:16D:90
答案:18Ifleisureisanormalgood,thenanincreaseinnon-laborincomewillreducelaborsupply.
A:對B:錯
答案:對Mr.Coghas18hoursperdaytodividebetweenlaborandleisure.HisutilityfunctionisU(C,R)=CR;whereCisdollarsperyearspentonconsumptionandRishoursofleisure.Ifhehasanonlaborincomeof40dollarsperdayandawagerateof8dollarsperhour,hewillchooseacombinationoflaborandleisurethatallowshimtospend:
A:82dollarsperdayonconsumption.B:112dollarsperdayonconsumption.C:92dollarsperdayonconsumption.D:184dollarsperdayonconsumption.
答案:92dollarsperdayonconsumption.IfAbishagowns12quincesand10kumquats,andifthepriceofkumquatsis3timesthepriceofquinces,howmanykumquatscansheaffordifshebuysasmanykumquatsasshecan?
A:28B:22C:10D:14
答案:14IfAbishagowns16quincesand15kumquats,andifthepriceofkumquatsis4timesthepriceofquinces,howmanykumquatscansheaffordifshebuysasmanykumquatsasshecan?
A:19B:38C:31D:15
答案:19ThesharepriceofGrathOiliscurrently$77.06.Severalmonthsago,whenthepricewas$51.21,Charlesbought186sharesofGrathOil.IfhesellsallofhisstockinGrathOiltoday,howmuchprofitwillhemake?→$1,504.17
A:對B:錯
答案:錯
第七章單元測試
Consumer'ssurplusisanothernameforexcessdemand.
A:對B:錯
答案:錯Theequivalentvariationinincomefromataxistheamountofextraincomethataconsumerwouldneedinordertobeaswelloffafterthetaxisimposedashewasoriginally.
A:錯B:對
答案:錯
Withquasilinearpreferences,theequivalentvariationandthecompensatingvariationinincomeduetoataxarethesame.
A:對B:錯
答案:對Ella'sutilityfunctionismin{4x,y}.Ifthepriceofxis15andthepriceofyis20,howmuchmoneywouldsheneedtobeabletopurchaseabundlethatshelikesaswellasthebundle(x,y)=(5,8)?
A:198B:235C:92
D:190
答案:190Sam'sutilityfunctionisU(x,y)=2x+ywherexisthenumberofx'sheconsumesperweekandyisthenumberofy'sheconsumesperweek.Samhas$200aweektospend.Thepriceofxis4.Samcurrentlydoesn'tconsumeanyy.Samhasreceivedaninvitationtojoinaclubdevotedtoconsumptionofy.Ifhejoinstheclub,Samcangetadiscountonthepurchaseofy.Ifhebelongedtotheclubhecouldbuyyfor$1aunit.HowmuchisthemostSamwouldbewillingtopaytojointhisclub?
A:$100aweekB:nothingC:$40aweekD:$50aweek
答案:$100aweekSirPlushasademandfunctionformeadthatisgivenbytheequationD(p)=100-P.Ifthepriceofmeadis75,howmuchisSirPlus'snetconsumersurplus?
A:625B:312.5C:25D:156.25
答案:312.5SamhasquasilinearpreferencesandhisdemandfunctionforxisD(p)=15-p/3.Thepriceofxisinitially$15perunitandincreasesto$24perunit.Sam'schangeisconsumersurplusistheclosestto:
A:-168B:75C:-76D:-27
答案:-76Attheinitialprices,Teodoroisanetsellerofapplesandanetbuyerofbananas.Ifthepriceofapplesdecreasesandthepriceofbananasdoesnotchange:
A:thecompensatingvariationmustbepositiveandtheequivalentvariationnegative.B:boththecompensatingvariationandtheequivalentvariationmustbenegative.C:boththecompensatingvariationandtheequivalentvariationmustbepositive.D:thecompensatingvariationmustbenegativeandtheequivalentvariationpositive.
答案:boththecompensatingvariationandtheequivalentvariationmustbepositive.(
)isthedifferencebetweenwhatconsumersarewillingandabletopayforagoodandwhattheyactuallypayforthegood.
A:measuresofcostB:ConsumerSurplusC:marginalproductD:Demandcurves
答案:ConsumerSurplus(
)depictthevariousquantitiesthatbuyerswouldbewillingandabletopurchaseatdifferentprices
A:DemandcurvesB:ConsumersurplusC:FixedcostD:Averagecosts
答案:Demandcurves
第八章單元測試
TheinversedemandcurveP(x)foragoodxmeasuresthepriceperunitatwhichthequantityxwouldbedemanded.
A:錯B:對
答案:對Ifapricechanges,thenchangesinconsumptionattheintensivemarginarechangesthathappenbecauseconsumersaltertheamountsthattheyconsume,butdonoteitherstopconsumingorstartconsumingthegood.
A:錯B:對
答案:對Ifthedemandfunctionisq=3m=p;wheremisincomeandpisprice,thentheabsolutevalueofthepriceelasticityofdemanddecreasesaspriceincreases.
A:錯B:對
答案:錯Apeckis1/4ofabushel.Ifthepriceelasticityofdemandforbranis-0.2whenbranismeasuredinbushels,thenwhenbranismeasuredinpecks,thepriceelasticityofdemandforbranwillbe:
A:NoneofallB:-0.05C:-0.8
D:-0.1
答案:NoneofallMarginalrevenueisequaltopriceifthedemandcurveishorizontal.
A:錯B:對
答案:對Theconstantelasticityofdemandforcigaretteshasbeenestimatedtobe0.5.Toreducesmokingby75%,approximatelyhowmuchtaxneedstobeaddedtoa$1pack?
A:$0.75B:$0.38C:$2.25D:$1.5
答案:$1.5Marketdemandrelevanttoindustrymarketingexpenditureshowinfinity,issaidtobe(
)
A:marketpotentialB:productpotentialC:marketdemandD:sharepotential
答案:marketpotential(
)Occurswhenthequantitydemandedchangeslittleaspricechanges
A:InelasticB:ElasticC:unitelasticD:Fixedcost
答案:InelasticElasticityofDemandmeansameasureofhowresponsiveconsumersaretopricechanges.
A:對B:錯
答案:對PriceFloormeansalegalminimumpricethatbuyersmustpayforaproduct.
A:對B:錯
答案:對
第九章單元測試
Ifthesupplycurveisvertical,thentheamountsuppliedisindependentofprice.
A:對B:錯
答案:對Thesupplycurveslopesupandtotheright.Ifthedemandcurveshiftsupwardtoanewcurvewhichiseverywherehigherthantheoldcurve(butpossiblyofdifferentslope)andifthesupplycurvedoesnotshift,thentheequilibriumpriceandquantitymustnecessarilyincrease.
A:對B:錯
答案:對AneconomicsituationisParetooptimalonlyifthereisnowaytomakesomeonebetteroff.
A:錯B:對
答案:錯Thedemandforpicklesisgivenbyp=131-2qandsupplyisgivenbyp=5+7q.Whatistheequilibriumquantity?
A:19B:14C:103D:11
答案:14Thedemandfunctionforfreshstrawberriesisq=200-5pandthesupplyfunctionisq=60+2p.Whatistheequilibriumprice?
A:50B:10C:20D:40
答案:20Ifaquantitytaxiscollectedfromcompetitivesuppliersofagood,placingataxonthegoodcausesthepricepaidbyconsumerstoincreasemorethanifthetaxhadbeencollecteddirectlyfromthebuyers.
A:錯B:對
答案:錯ThedemandfunctionforxisD(p)=65-2pandthesupplyfunctionisS(p)=20+p.Thepricethatshouldbesettorestrictquantitysuppliedto30unitsisclosestto:
A:5B:15C:50D:10
答案:10Thedemandfunctionforrentalapartmentsisq=960-7pandthesupplyfunctionisq=160+3p.Thegovernmentmakesitillegaltochargearenthigherthan35.Howmuchexcessdemandwilltherebe?
A:726B:364C:450D:149
答案:450(
)factorsotherthanpricethatlocatethepositionofademandcurve1.consumers'tastes2.ofconsumersinthemarket3.consumers'incomes4.thepricesofrelatedgoods5.expectedpricesSHIFTSthecurve
A:normalgoodB:inferiorgoodC:determinantsofdemandD:determinantsofsupply
答案:determinantsofdemandagood(orservice)whoseconsumptiondeclinesasincomerisesandincreasesasincomedecreases
increaseinincome=decreaseinconsumptiondecreaseinincome=increaseinconsumption
A:inferiorgoodB:pricefloorC:substitutegoodD:normalgood
答案:inferiorgood
第十章單元測試
Theproductionsetofafirmisthesetofallproductsthefirmcanproduce.
A:對B:錯
答案:錯Aproductionisoquantisalocusofcombinationsofinputsthatareequallyprofitable.
A:錯B:對
答案:錯Ifafirmmovesfromonepointonaproductionisoquanttoanotherpointonthesameisoquant,whichofthefollowingwillcertainlyNOThappen?
A:achangeinthelevelofoutputB:achangeinthemarginalproductsoftheinputsC:achangeintherateoftechnicalsubstitutionD:achangeintheratioinwhichtheinputsarecombined
答案:achangeinthelevelofoutputInanyproductionprocess,themarginalproductoflaborequals:
A:thevalueoftotaloutputminusthecostofthefixedcapitalstock.B:totaloutputdividedbytotallaborinputs.C:thechangeinoutputperunitchangeinlaborinputfor'small'changesintheamountofinput.D:totaloutputproducedwiththegivenlaborinputs.
答案:thechangeinoutputperunitchangeinlaborinputfor'small'changesintheamountofinput.Theproductionfunctionf(x,y)=x+yhasconstantreturnstoscale
A:錯B:對
答案:對TheproductionfunctionQ=50K0.75L0.75exhibits
A:increasingreturnstoscale.B:decreasingreturnstoscale.C:constantreturnstoscale.D:increasing,thendiminishingreturnstoscale.
答案:increasingreturnstoscale.Afirmhasaproductionfunctionf(x,y)=1:10(x0.20+y0.20)5wheneverx>0andy>0.
A:constantreturnstoscale.B:increasingreturnstoscaleifx+y>1anddecreasingreturnstoscaleotherwise.C:decreasingreturnstoscale.D:increasingreturnstoscale.
答案:increasingreturnstoscale.(
)meanstherelationshipbetweentheinputsemployedbyafirmandthemaxoutputitcanproducewiththoseinputs.-Technologyisprocesstoturnintooutproductionfunctionrepresentsfirmstechnology
A:constantreturnstoscaleB:AveragetotalcostC:ProductionfunctionD:Graphingproduction
答案:ProductionfunctionAtsomepintaddingmoreofavariableinput,suchaslabor,tothesameamountofafixedinput,suchascapital,willcausethemarginalproductofthevariableinputtodecline--MPLcouldbecomenegativeifworkersgotineachother'swaybutnofirmwouldhiretothispoint
A:對B:錯
答案:對Does(
)declineeventuallyasthenumberofworkersincreases
A:MinimumefficientscaleB:MPLC:averagefixedcostD:totalcost
答案:MPL
第十一章單元測試
Themarginalproductofafactorisjustthederivativeoftheproductionfunctionwithrespecttotheamountofthisfactor,holdingtheamountsofotherfactorinputsconstant.
A:錯B:對
答案:對Theweakaxiomofprofitmaximizingbehaviorstatesthatinamodernmixedeconomy,firmshaveonlyaweakincentivetomaximizeprofits.
A:對B:錯
答案:錯Afixedfactorisafactorofproductionthatisusedinfixedproportiontothelevelofoutput.
A:錯B:對
答案:錯Acompetitivefirmproducesoutputusingthreefixedfactorsandonevariablefactor.Thefirm'sshortrunproductionfunctionis,wherexistheamountofvariablefactorused.Thepriceofoutputis$3perunitandthepriceofthevariablefactoris$9perunit.Intheshortrun,howmanyunitsofxshouldthefirmuse?
A:19B:80C:40D:20
答案:40Aprofit-maximizingcompetitivefirmusesjustoneinput,x.Itsproductionfunctionisq=8x1/2.Thepriceofoutputis16andthefactorpriceis8.Theamountofthefactorthatthefirmdemandsis:
A:48B:22.63C:64D:10
答案:64Justasinthetheoryofutilitymaximizingconsumers,thetheoryofprofitmaximizingfirmsallowsthepossibilityof"Giffenfactors".Thesearefactorsforwhichafallinpriceleadstoafallindemand.
A:對B:錯
答案:錯TheproductionfunctionisgivenbyF(L)=6L2/3.Supposethatthecostperunitoflaboris12andthepriceofoutputis6,howmanyunitsoflaborwillthefirmhire?
A:16B:8C:24D:4
答案:8WhenFarmerHoglundappliesNpoundsoffertilizerperacre,themarginalproductoffertilizeris1-(N=200)bushelsofcorn.Ifthepriceofcornis$1perbushelandthepriceoffertilizeris$0.40perpound,thenhowmanypoundsoffertilizerperacreshouldFarmerHoglunduseinordertomaximizehisprofits?
A:248B:64C:120D:240
答案:120Acompetitivefirmproducesoutputusingthreefixedfactorsandonevariablefactor.Thefirm'sshortrunproductionfunctionisq=163x-2x2,wherexistheamountofvariablefactorused.Thepriceofoutputis$3perunitandthepriceofthevariablefactoris$9perunit.Intheshortrun,howmanyunitsofxshouldthefirmuse?
A:19B:40C:20D:80
答案:40Whichofthefollowingisashort-runadjustment?
A:ThenumberoffarmsintheUnitedStatesdeclinesby5percentB:AlocalbakeryhirestwoadditionalbakersC:BMWconstructsanewassemblyplantinSouthCarolinaD:Sixnewfirmsentertheplasticsindustry
答案:Alocalbakeryhirestwoadditionalbakers
第十二章單元測試
Aprofitmaximizingdairyfarmiscurrentlyproducing10,000gallonsofmilkperday.Th
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