微观经济学自主学习一(1-6章).docVIP

1-6 True/False Indicate whether the statement is true or false. ____ 1. Equality refers to how the pie is divided, and efficiency refers to the size of the economic pie. ____ 2. An individual deciding how to allocate her limited time is dealing with both scarcity and trade-offs. ____ 3. An increase in the marginal cost of an activity necessarily means that people will no longer engage in any of that activity. ____ 4. Points inside the production possibilities frontier represent inefficient levels of production. ____ 5. When a variable that is named on an axis of a graph changes, th