微观经济学3、4章习题及答案(国外英文资料).docVIP

微观经济学3、4章习题及答案(国外英文资料) Question 1 Five points out of five Any two indifference curves cannot intersect The answer Selected answer: for Correct answer: for Question 2 Its 0 out of 5 The demand curve can be derived from the income line The answer Selected answer: for Correct answer: wrong Question 3 Five points out of five The hypothesis of preordinal utility of utility is included The answer Selected answer: B. completeness C. transitivity D. Unsaturated sex Correct answer: B. completeness C. transitivity D. Unsaturated sex Question 4 Its 0 out of 5 The total utility curve is at the top The answer Selected answer: C. The marginal utility is zero Correct answer: C. The marginal utility is zero E. The marginal utility curve intersects the number line Question 5 Its 0 out of 5 Assuming that consumers dont borrow, save, and earn a fixed income, his budget constraints The answer Selected answer: B. It shows that his total expenditure cannot exceed his total income Correct answer: D. Only A and B is correct Question 6 Its 0 out of 5 Economists assume that consumers prefer more than a small amount of the same product to any other product The answer Selected answer: wrong Correct answer: for Question 7 Five points out of five If the price of the commodity X is less than X and Y at the marginal rate of the commodity Y, the price of the two goods stays the same The answer Selected answer: B. The consumer didnt get the maximum utility C. The consumer should reduce the consumption of X and increase the consumption of Y Correct answer: B. The consumer didnt get the maximum utility C. The consumer should reduce the consumption of X and increase the consumption of Y Question 8 Five points out of five The marginal substitution rate of the indifference curve X plus Y equals C is decreasing The answer Selected answer: wrong Correct answer: wrong Question 9 Its 0 out of 5 When the indifference curve is a straight line of slope, the two products that are combined are complementary. (a)