微觀經(jīng)濟(jì)學(xué)期末考試課件

微觀經(jīng)濟(jì)學(xué)期末考試微觀經(jīng)濟(jì)學(xué)期末考試時間地點時間：待定地點：待定微觀經(jīng)濟(jì)學(xué)期末考試考試形式有限開卷考試中只允許使用以下物品：

——英文版教材

——英漢詞典（紙質(zhì)、電子均可）

——計算器微觀經(jīng)濟(jì)學(xué)期末考試題型題量Ⅰ.MULTIPLECHOICES（單項選擇15*2’）Ⅱ.TRUE/FALSE（判斷10*2’）Ⅲ.CALCULATION（計算填空7*2’）Ⅳ.SHORTANSWER（簡答2*8’）Ⅴ.GRAPHICALLYANALYSES（作圖分析2*10’）微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESInthecircular-flowdiagram,a.factorsofproductionflowfromgovernmenttofirms.b.goodsandservicesflowfromhouseholdstofirms.c.incomepaidtothefactorsofproductionflowsfromfirmstohouseholds.d.spendingongoodsandservicesflowsfromfirmstohouseholds.ANS: C微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESWhatwillhappentotheequilibriumpriceandquantityofnewcarsifthepriceofgasolinerises,thepriceofsteelrises,publictransportationbecomescheaperandmorecomfortable,andauto-workersnegotiatehigherwages?a.Pricewillfall,andtheeffectonquantityisambiguous.b.Pricewillrise,andtheeffectonquantityisambiguous.c.Quantitywillfall,andtheeffectonpriceisambiguous.d.Quantitywillrise,andtheeffectonpriceisambiguous.ANS: C微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESForaparticulargood,a10percentincreaseinpricecausesa5percentdecreaseinquantitydemanded.Whichofthefollowingstatementsismostlikelyapplicabletothisgood?a.Therearemanyclosesubstitutesforthisgood.b.Thegoodisanecessity.c.Themarketforthegoodisnarrowlydefined.d.Therelevanttimehorizonislong.ANS: B微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESThedifferencebetweenaccountingprofitandeconomicprofitis a.explicitcosts.b.implicitcosts.c.totalrevenue.d.marginalproduct.ANS: B微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESTheefficientscaleofthefirmisthequantityofoutputthata.maximizesmarginalproduct.b.maximizesprofit.c.minimizesaveragetotalcost.d.minimizesaveragevariablecost.ANS: C微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESIntheshortrun,afirmoperatinginacompetitiveindustrywillshutdownifpriceisa.lessthanaveragetotalcost.b.lessthanaveragevariablecost.c.greaterthanaveragevariablecostbutlessthanaveragetotalcost.d.greaterthanmarginalcost.ANS: B微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESWhichofthefollowingisacharacteristicofanaturalmonopoly?a.Fixedcostsaretypicallyasmallportionoftotalcosts.b.Averagetotalcostdeclinesoverlargeregionsofoutput.c.Theproductsoldisanaturalresourcesuchasdiamondsorwater.d.Alloftheabovearecorrect.ANS: B微觀經(jīng)濟(jì)學(xué)期末考試MULTIPLECHOICESForaprofit-maximizingmonopolist,a.P＞MR=MC.b.P=MR=MC.c.P＞MR＞MC.d.MR＜MC＜P.ANS: A微觀經(jīng)濟(jì)學(xué)期末考試RefertoFigure1.

Thepricepaidbybuyersafterthetaxisimposedisa.$3.b.$4.c.$5.d.$7.Figure1MULTIPLECHOICESANS: D微觀經(jīng)濟(jì)學(xué)期末考試RefertoFigure1.Whichofthefollowingiscorrect?a.1/4oftheburdenofthetaxfallsonbuyers,and3/4oftheburdenofthetaxfallsonsellers.b.1/3oftheburdenofthetaxfallsonbuyers,and2/3oftheburdenofthetaxfallsonsellers.c.1/2oftheburdenofthetaxfallsonbuyers,and1/2oftheburdenofthetaxfallsonsellers.d.2/3oftheburdenofthetaxfallsonbuyers,and1/3oftheburdenofthetaxfallsonsellers.Figure1MULTIPLECHOICESANS: D微觀經(jīng)濟(jì)學(xué)期末考試RefertoFigure1.

Howmuchtaxrevenuedoesthistaxproduceforthegovernment?

a.$24.b.$30.c.$32.d.$56.Figure1MULTIPLECHOICESANS: A微觀經(jīng)濟(jì)學(xué)期末考試RefertoFigure2.Ifthemarketpriceis$10,whatisthefirm’sshort-runeconomicprofit?a.$9.b.$15.c.$30.d.$50.Figure2MULTIPLECHOICESANS: B微觀經(jīng)濟(jì)學(xué)期末考試RefertoFigure2.Thefirmwillearnzeroeconomicprofitifthemarketpriceis

a.$0.b.$6.c.$7.d.$10.Figure2MULTIPLECHOICESANS: B微觀經(jīng)濟(jì)學(xué)期末考試TRUE/FALSE

Economicgrowthcausesaproductionpossibilitiesfrontiertoshiftoutward.ANS:T微觀經(jīng)濟(jì)學(xué)期末考試TRUE/FALSE

Ifthedemandforagoodfallswhenincomefalls,thenthegoodiscalledaninferiorgood.ANS:F微觀經(jīng)濟(jì)學(xué)期末考試TRUE/FALSE

AIfweobservethatwhenthepriceofchocolateincreasesby10%,totalrevenueincreasesby10%,thenthedemandforchocolateisunitpriceelastic.

ANS:F微觀經(jīng)濟(jì)學(xué)期末考試TRUE/FALSEAtaxburdenfallsmoreheavilyonthesideofthemarketthatislesselastic.ANS:T微觀經(jīng)濟(jì)學(xué)期末考試Theareabelowthedemandcurveandabovethesupplycurvemeasurestheproducersurplusinamarket.TRUE/FALSEANS:F微觀經(jīng)濟(jì)學(xué)期末考試TRUE/FALSEIfthemarginalcostofproducingthetenthunitofoutputis$3,andiftheaveragetotalcostofproducingthetenthunitofoutputis$2,thenattenunitsofoutput,averagetotalcostisrising.ANS:T微觀經(jīng)濟(jì)學(xué)期末考試TRUE/FALSEInthelongrun,afirmshouldexittheindustryifitstotalcostsexceeditstotalrevenues.ANS:T微觀經(jīng)濟(jì)學(xué)期末考試TRUE/FALSELikecompetitivefirms,monopolieschoosetoproduceaquantityinwhichmarginalrevenueequalsmarginalcost.ANS:T微觀經(jīng)濟(jì)學(xué)期末考試CALCULATION

SupposedemandisgivenbytheequationQd=400-2P,andsupplyisgivenbytheequationQs=100+3P.Theequilibriumpriceinthismarketis$

andtheequilibriumquantityis

.

ANS:60，280微觀經(jīng)濟(jì)學(xué)期末考試CALCULATION

Asmallfamilyfarmsolditsoutputfor$100,000inagivenyear.Thefamilyspent$25,000onfuel,$40,000onseed,fertilizer,and$25,000onequipment.Thefamilymemberscouldhaveearned$20,000workingatotheroccupations.Theaccountingprofitforthefamilyfarmis$

andtheeconomicprofitis$

.ANS:10000，-10000微觀經(jīng)濟(jì)學(xué)期末考試CALCULATIONAcompetitivefirmismaximizingitsprofitbyselling150unitsofoutput.Thefirm’smarginalcostis$8anditsaveragetotalcostis$6.Thefirm’sprofitamountsto$______.ANS:300微觀經(jīng)濟(jì)學(xué)期末考試SHORTANSWERWhyisafirm’saverage-total-costcurveU-shaped?Howandwhydoesitdifferintheshortrunandinthelongrun?微觀經(jīng)濟(jì)學(xué)期末考試SHORTANSWER(1)Theaverage-total-costcurveisU-shapedbecausethefirminitiallyisabletospreadoutfixedcostsoveradditionalunits,butasquantityincreases,itcostsmoretoincreasequantityfurtherbecauseanimportantinputislimited.

微觀經(jīng)濟(jì)學(xué)期末考試SHORTANSWER(2)Inthelongrun,afirmcanadjustthefactorsofproductionthatarefixedintheshortrun;forexample,itcanincreasethesizeofitsfactory.Asaresult,thelong-runaverage-total-costcurvehasamuchflatterU-shapethantheshort-runaverage-total-costcurve.Inaddition,thelong-runcurveliesalongthelowerenvelopeoftheshort-runcurves.微觀經(jīng)濟(jì)學(xué)期末考試GRAPHICALLYANALYSESSupposeweareanalyzingthemarketforcars.Graphicallyillustratetheimpacteachofthefollowingwouldhaveondemandorsupply.Alsoshowhowequilibriumpriceandquantityhavechanged.a.Astock-marketboommakespeoplewealthier.b.Astrikebysteelworkersraisessteelprices.微觀經(jīng)濟(jì)學(xué)期末考試GRAPHICALLYANALYSESa.Becausecarsarenormalgoods,anincreaseinpeople’swealthwillshiftthedemandcurveforcart