中级微观经济学期中考试试卷及答案.docVIP

中山大学国际商学院学生会 Student Union 2006-2007第二学期“微观经济学II”期中考试试卷 警 示《中山大学授予学士学位工作细则》第六条：“ 警 示 姓名 学号 专业 成绩 1. Given TM = f (Q) in the following Fig. 1, draw corresponding AM and MM in Fig. 2. (10 points) TM Fig. 1 Q AM, MM Fig. 2 Q ①画错AM起点的扣一半（5分）（AM起点在无穷远处） ②拐点（1分） ③MM在AM最低点之前位于AM下方（1分） ④MM穿过AM的最低点（1分） ⑤MM在穿过AM最低点后位于AM的上方(1分) ⑥MM的起点位于纵轴上（1分） 2. The price of bread is strictly controlled. Loaves of bread cost $1 each at the government store. However, a consumer can purchase only 5 loaves at the government store, and any additional loaves cost $5 on the black market. The consumer has an income of $30 and purchases bread and one other good, X. The price of X is $1. a. Draw the consumers budget constraint. (5 points) b. Suppose the market for bread is decontrolled, and the price is $2 a loaf. Draw the new budget constraint on the same diagram. (5 points) c. On the diagram, show a consumer who prefers the new policy. (5 points) d. On a new graph with both the old and the new budget constraints, show a consumer who is indifferent between the two policies. (5 points) a、两段budget line,每段2、5分（纵轴为Money,横轴为Bread,无标明的扣2分） b、新budget line斜率为-2（3分）纵轴坐标为30（1分），横轴为15（1分） c、要画出至少两条indifferent curve,与斜率为-2的budget line相切的indifferent curve位于与原来的budget line相切的无差异曲线的上方（5分） d、无差异曲线要与新旧两条budget line相切（凡画成打折的无差异曲线扣1分） 3. Each year Sam grows 200 units of wheat and 100 units of sunflower seeds for his own consumption and for sale. a. If the price of wheat is $2 per unit and sunflower seeds sell for $10 per unit, Sam chooses to sell 20 units of the sunflower seeds. Graph to show Sam’s utility-maximizing situation and indicate also his initial production levels. (10 points) b. Suppose somehow sunflower seeds price falls to also $2. Will Sam be made better-off or worse-off by this price decline? Or is the situati