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微观经济学期末考试-2017级
微观经济学 期末考试 时间地点 时间:待定 地点:待定 考试形式 有限开卷 考试中只允许使用以下物品: ——英文版教材 ——英汉词典(纸质、电子均可) ——计算器 题型题量 Ⅰ. MULTIPLE CHOICES(单项选择 15*2’) Ⅱ. TRUE/FALSE(判断 10*2’) Ⅲ. CALCULATION(计算填空 7*2’) Ⅳ. SHORT ANSWER (简答 2*8’) Ⅴ. GRAPHICALLY ANALYSES(作图分析 2*10’) MULTIPLE CHOICES In the circular-flow diagram, a. factors of production flow from government to firms. b. goods and services flow from households to firms. c. income paid to the factors of production flows from firms to households. d. spending on goods and services flows from firms to households. MULTIPLE CHOICES What will happen to the equilibrium price and quantity of new cars if the price of gasoline rises, the price of steel rises, public transportation becomes cheaper and more comfortable, and auto-workers negotiate higher wages? a. Price will fall, and the effect on quantity is ambiguous. b. Price will rise, and the effect on quantity is ambiguous. c. Quantity will fall, and the effect on price is ambiguous. d. Quantity will rise, and the effect on price is ambiguous. MULTIPLE CHOICES For a particular good, a 10 percent increase in price causes a 5 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good? a. There are many close substitutes for this good. b. The good is a necessity. c. The market for the good is narrowly defined. d. The relevant time horizon is long. MULTIPLE CHOICES The difference between accounting profit and economic profit is a. explicit costs. b. implicit costs. c. total revenue. d. marginal product. MULTIPLE CHOICES The efficient scale of the firm is the quantity of output that a. maximizes marginal product. b. maximizes profit. c. minimizes average total cost. d. minimizes average variable cost. MULTIPLE CHOICES In the short run, a firm operating in a competitive industry will shut down if price is a. less than average total c
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