曼昆《经济学原理》（微观）第五版测试题库(18).doc

PAGE 1220 ? Chapter 18/The Markets For the Factors of Production Chapter 18/The Markets For the Factors of Production ? PAGE 1229 PAGE 1219 Chapter 18 The Markets For the Factors of Production TRUE/FALSE 1. If the marginal productivity of the sixth worker hired is less than the marginal productivity of the fifth worker hired, then the addition of the sixth worker causes total output to decline. ANS: F DIF: 2 REF: 18-1 NAT: Analytic LOC: Labor markets TOP: Marginal product of labor MSC: Interpretive 2. In 2008, the total income of all U.S. residents was approximately $120 billion. ANS: F DIF: 1 REF: 18-0 NAT: Analytic LOC: Labor markets TOP: Income MSC: Interpretive 3. In order to calculate the value of the marginal product of labor, a manager must know the marginal product of labor and the wage rate of the worker. ANS: F DIF: 2 REF: 18-1 NAT: Analytic LOC: Labor markets TOP: Value of the marginal product MSC: Interpretive 4. Let L represent the quantity of labor and let Q represent the quantity of output. Suppose a certain production function includes the points (L = 7, Q = 27), (L = 8, Q = 35), and (L = 9, Q = 45). Based on these three points, this production function exhibits diminishing marginal product. ANS: F DIF: 2 REF: 18-1 NAT: Analytic LOC: The study of economics, and definitions of economics TOP: Diminishing marginal product MSC: Applicative 5. When a competitive firm hires labor up to the point at which the value of the marginal product of labor equals the wage, it also produces up to the point at which the price of output equals average variable cost. ANS: F DIF: 3 REF: 18-1 NAT: Analytic LOC: The study of economics, and definitions of economics TOP: Competitive firms | Profit maximization MSC: Applicative 6. The demand for computer programmers is inseparably tied to the supply of computer software. ANS: T DIF: 1 REF: 18-1 NAT: Analytic LOC: Labor markets TOP: Labor demand MSC: Interpretive 7. If Firm X is a competitive firm in