16 autumn north handed management economics online homework one(国外英文资料).docVIP

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16 autumn north handed management economics online homework one(国外英文资料).doc

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16 autumn north handed management economics online homework one(国外英文资料)

16 autumn north handed management economics online homework one(国外英文资料) North hand in management economics One, single topic (total 15 questions, total 30 points). The demand price elasticity for the inferior quality is: A. is B. negative 0 C. D. Its possible Correct answer: The following statement about the marginal cost and the average cost is correct (). A. if the average cost goes up, the marginal cost may go up or down At the bottom of the marginal cost curve, the marginal cost is equal to the average cost C. if the marginal cost increases, the average cost will rise At the lowest point of the average cost curve, the marginal cost is equal to the average cost Correct answer: The opportunity cost of a 10-yuan haircut is (). A. ten dollars for other best USES The other best use of the time for hair cutting C. 10 dollars and other best USES for the time spent on haircuts The value of 10 yuan to the barber Correct answer: The law of diminishing returns means that successive increases in output are being made less and less because of the constant () More labor, capital and land B. use capital instead of labor C. increase labor input while maintaining capital and land D. increase all the elements in a given proportion Correct answer: The total cost is 80 yuan when the output is 8 units. When the production is increased to 9 units, the average cost is 11 yuan, then the marginal cost is (). One yuan A. B. $19 C. 88 yuan D. 20 yuan Correct answer: In the equilibrium production of MR = MC, the enterprise (). A. necessity is the greatest profit You cant lose money The smallest loss is inevitable D. if profits are made, the profits are greatest. If it loses money, it loses the least Correct answer: The slope of the average yield curve in the fully competitive market is () fixed Change often 1 C. D. 0 Correct answer: Which of the following is not the goal of the union? (a) A. abolish the minimum wage Raise wages C. improve working conditions D. increase employment levels Co