微观试题类型题量及参考答案.docVIP

1. multiple choices(4×15=60) (CH01-08) 2. short answer problems(5×8=40) (CH02-09) 1. Multiple Choice (4×15=60) 1）A demand curve of the form: Q = a - bP, where a and b are positive real numbers,: a. is an upward sloping straight line. b. has a constant price elasticity of demand. c. is a downward sloping straight line. d. is parabolic. 2）52. If prices and income in a two-good society double, what will happen to the budget line?The intercepts of the budget line will increase. b. The intercepts of the budget line will decrease. c. The slope of the budget line may either increase or decrease. d. Insufficient information is given to determine what effect the change will have on the budget line but we know society is worse-off. e. There will be no effect on the budget line. 3）If Px = Py, then when the consumer maximizes utility,X must equal Y. b. MU(X) must equal MU(Y). c. MU(X) may equal MU(Y), but it is not necessarily so. d. X and Y must be substitutes. 4）Assume that beer is an inferior good. If the price of beer falls, then the substitution effect results in the person buying ______ of the good and the income effect results in the person buying ______ of the good.more, more b. more, less c. less, more d. less, less 5）In closing down a military base, environmental inspectors found 100 tons of toxic waste. Which of the following is NOT a determinant of the consumer surplus generated by cleaning up 40 tons of waste?the price of removing a ton of toxic waste b. the original quantity of toxic waste found by the inspectors c. the quantity of toxic waste removed by cleanup d. the effect of each ton reduction of toxic waste on the profitability of the alternative uses for this land e. the effect of each ton reduction of toxic waste on the health of citizens living near the base 6）Suppose that the marginal cost of an additional ton of steel produced by the Japanese is the same whether the steel is set aside for domestic use or exported abroad. If the price elasticity o