中微观经济学试题.docVIP

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中微观经济学试题

Intermediate Microeconomics Mid-term Test 2005 (B) Name: Student No.: Class: No. 1 2 3 4 5 6 7 8 9 10 Answer No. 11 12 13 14 15 16 17 18 19 20 Answer No. 21 22 23 24 25 26 27 28 29 30 Answer Section 1 True or false.(20 points, 2 points each) 1. Alices utility function is U(x, y) = x2y. Steves utility function is U(x, y) = x2y + 2x. Alice and Steve have the same preferences since Steves utility function is a monotonic transformation of Alices. 2. A consumer who can borrow and lend at the same interest rate should prefer

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