大学课程《《微观经济学》(双语)》专业期末试题B卷及答案

更新时间:2023-06-07 02:39:43 阅读: 评论:0

努力拼搏的成语
院系:                    专业班级:                  姓名:            学号:           
中国古装色倩片                                                                                  线                   
《微观经济学》(双语)试卷B
本试卷适用于试卷所需时间120分钟。
闭卷考试,总分100分。考试日期:
释放英语
题号
U互动
蜜汁烤肉总分
分数
评卷人
校园防火
一、单项选择题:(共20小题,每题1分,共20分)
1. A normal good:
A. must have an upward-sloping demand curve.
B. must have a downward-sloping demand curve.
C. could possibly have an upward-sloping demand curve.
D. will have a horizontal demand curve.
2. A Giffen good:
A. has an upward-sloping demand curve. B. has a downward-sloping demand curve.
C. has a horizontal demand curve.       D. has a vertical demand curve.
3. The consumer optimum occurs at:
A. any point of interction between the budget line and an indifference curve.
B. a point of tangency between the budget line and an indifference curve.
C. the point where the slope of the indifference curve equals the ratio of the quantities.
D. a point where the budget line cuts the curve from below.
4. The slope of the budget constraint line is equal to:
A. the ratio of marginal utilities.
B. the ratio of money income to the price of the good on the horizontal axis.
C. the ratio of money income to the price of the good on the vertical axis.
D. the relative price of the two goods—the price of one good compared with the price of the other.
5.Assume the demand curve for compact discs slopes downwards, and the supply curve slopes upwards. If the price of CD players decreas, then:
A. the equilibrium price of compact discs will fall
B. the equilibrium price of compact discs will ri
C. the equilibrium price of compact discs will stay the same
D. None of the above are correct 大江东去打一地名>不知所以的意思
6.If a 5% increa in income leads to a 12% increa in the quantity demanded of mobile phones, ceteris paribus, the value of the income elasticity of demand for mobile phones is:
A. 2.4 and mobile phones are a normal good
B. 0.42 and mobile phones are a normal good
C. 2.4 and mobile phones are an inferior good
D. 0.42 and mobile phones are an inferior good
7. Demand for a good is likely to be more elastic:
A. the smaller the fraction of consumer income absorbed by the good
B. in the short run than in the long run
C. the more broadly defined the good
D. the greater the number of available substitutes for the good
8. The rate at which a firm can substitute one factor for another while still producing the same level of output is known as the:
A. degree of returns to scale                   B. marginal rate of substitution
C. marginal rate of technical substitution         D. marginal physical product
9. The marginal output rule states that if a firm does not shut down, then it should produce output at a level where:
A. average revenue equals average cost   B. marginal revenue equals marginal cost
C. marginal revenue equals average cost D. marginal cost equals average revenue
10. Suppo that all the firms in a competitive industry have access to the same technology and that input prices are not affected by the size of the industry. If the minimum value of the long-run average cost curve is £5, then entry of new firms wi
ll occur until the market price:
A. equals £6     B. equals £7     C. equals £5 or less     D. exceeds £5
11. For a price-taking firm in both the input and output markets, the MRP curve for labour slopes downward becau:
A. of the diminishing marginal productivity of labour
B. the output price falls as the output level ris
C. the wage rate ris as the amount of labour ris
D. Both A and B are correct
12. Explain the following "puzzle." Over the long run, worldwide supplies of agriculture products have incread dramatically, but at the same time farmers' incomes have also fallen sharply.
A. Total revenue from farming decread as output incread becau demand for most farm products is inelastic.
B. The demand for farm products has declined over the past few decades.
  C. Farm price supports have robbed farmers of their income.

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