chap3中级宏观经济学答案 华中科技大学.docVIP

Microeconomics, 4e (Perloff) Chapter 3 Applying the Supply-and-Demand Model 3.1 How Shapes of Demand and Supply Curves Matter 1) The change in price that results from a leftward shift of the supply curve will be greater if A) the demand curve is relatively steep than if the demand curve is relatively flat. B) the demand curve is relatively flat than if the demand curve is relatively steep. C) the demand curve is horizontal than if the demand curve is vertical. D) the demand curve is horizontal than if the demand curve is downward sloping. Answer: A Topic: How Shapes of Demand and Supply Curves Matter 2) The change in price that results from a rightward shift in demand will be greater if A) the supply curve is horizontal than if the supply curve is upward sloping. B) the supply curve is relatively steep than if the supply curve is relatively flat. C) the supply curve is upward sloping than if the supply curve is vertical. D) the supply curve is horizontal than if the supply curve is vertical. Answer: B Topic: How Shapes of Demand and Supply Curves Matter 3) If the demand curve for a good is horizontal and the price is positive, then a leftward shift of the supply curve results in A) a price of zero. B) an increase in price. C) a decrease in price. D) no change in price. Answer: D Topic: How Shapes of Demand and Supply Curves Matter 4) The above figure shows the supply and demand curves for rice in the U.S. and Japan. Assume there is no trade between the two countries. If bad weather causes the supply curves in each country to shift leftward by the same amount, then A) the price will increase in both countries. B) the price will decrease in both countries. C) the change in price cannot be determined. D) None of the above. Answer: A Topic: How Shapes of Demand and Supply Curves Matter 5) The above figure shows the supply and demand curves for rice in the U.S. and in Japan. Assume there is no trade between the two countries. I