西交《微观经济学》在线作业答案（国外英文资料）.docVIP

西交《微观经济学》在线作业答案（国外英文资料） Microeconomics online Test scores: 100 test time: - test scores: 100 Single topic selection Multiple choice (35 questions, 70 points.) Score: 70 The use of a variable element in the use of labor in an enterprise, if the price of the goods produced by the enterprise (the product market which is completely competitive) will be caused by: A. the marginal product value of each unit of labor in the enterprise increases The amount of labor involved in the enterprise decreased The marginal production of each unit of labor in the enterprise decreases D. the production of enterprises decreased. A full score: 2 In the general equilibrium model, the supply of the product depends on wages and interest rates because (). The price of these inputs affects the cost B. family income is affected by changes in wages and interest rates C. families can exchange their leisure or future consumption for the present product D. The demand for capital depends on the rate of pay A full score: 2 When economists look at the welfare state of all members of the economy, which of the following concepts do they use? (). The efficiency of A. B. productivity Real wages D. nominal wages. A full score: 2 A worker earns $80 a week for $2 an hour and earns $105 a week for $3 an hour. The income effect plays A major role The substitution effect plays a major role C. The income effect and the substitution effect have not worked D. Not sure. A full score: 2 Monopolies reduce economic efficiency because (). A. when the profit is maximized, the total benefit exceeds the total cost When the profits are maximized, the price exceeds the marginal cost. When profit maximizes, marginal revenue exceeds marginal cost D. when the profit maximizes, the marginal cost exceeds the marginal benefit When profit maximizes, marginal revenue is equal to marginal cost. 2 points: 2 When the price of consumer goods changes, the line that connects the consumers equilibrium points is called (). A. income -- c