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Shaoguan University 2012-2013 Semester Ⅱ Economics Final Examination Paper A Class Student No. Name Time: 2 hours Type: open-book examination Total scores: 100 Part A. Each of the questions below is followed by four suggested answers. Select the one that is best in each case. Put your answers in the corresponding table of answer sheet. (30%) Which of the following is an example of a microeconomics question? A. Will the merger of two airlines likely lead to higher ticket prices? B. Does government spending influence the prices of consumer goods? C. What factors are contributing to the rise of unemployment in the economy? D. Will the inflation rate remain stable this year? A perfectly competitive firm is currently producing 10 units of output at a price of $5. If, at the quantity of 10 units of output, marginal cost is less than marginal revenue, what would you advise the firm to do: A. Increase production B. Decrease production C. Increase production and lower price D. Decrease production and raise price ?For?a?monopoly,?when?does?marginal?revenue?exceed?demand?? A.? When?output?is less?than?profit?maximizing?output.? C.?Never.? B.? When?output?is?greater?than?profit?maximizing?output. D.? None?of?the?above.? When?there?is?a?surplus?in?a?market? A.? There?is?downward?pressure?on?price? B.? There?is?upward?pressure?on?price? C.? The?market?could?still?be?in equilibrium? D.? There?are?too?many?buyers?chasing?too?few?goods.? A firm in a monopolistically competitive industry A. produces where MR = MC. B. earns zero economic profit in the long run. C. uses advertising to increase the demand for its product. D. All of the above are correct. 1。下列哪一项是一个经济学问题的一个例子吗？ 答：A将两个航空公司可能导致更高的票价合并？ B你的政府支出的影响，消费品的价格？ C什么因素导致经济中的失业率的上升？ D.将通胀率保持稳定，今年？ 2。一个完全竞争的企业目前的价格5美元的10个单位的产出。如果，在10的单位产量，边际成本小于边际收益，你有什么建议公司要做的： A. B.增加生产降低生产 C.增加产量和降低价格D.降低生产和提高价格 3。 为 一 垄断， 当 并 边际收入超过 需求？ A. 当 输出 比