Test bank- m
Intermediate Microeconomics 9th Edition by Hal R. V
m m
m
m mm m m
arian Theodore C. Bergstrom James E. W
m m m m m m
Hal R. Varian
m m
Theodore C. Bergstrom m m m
James E. West m m
W • W • NORTON & COMPANY • NEW YORK • LONDON
m m m m m m m m m m m
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,W.m W.m Nortonm &m Companym hasm beenm independentm sincem itsm founding m inm 1923,m w henm Williamm Warderm Nort
onmandm Marym D.m H erterm Nortonm firstm publishedm lecturesm deliveredm atm them People’sm Institute,m them adultm edu
cationm divisionm ofm New m York m City’sm Cooper m Union.m T hem firmm soonm expandedm itsm prog ramm beyondm them Instit
ute,mpublishing m book sm bym celebratedm academicsm fromm Americam andm abroad.m Bym midcentury, m them tw om major
m pillarsmofm Norton’sm publishing m prog ram— tradem book sm andm colleg em tex ts—
werem firmlym established. m Inm them 1950s,m themNortonm familym transferredm controlm ofm them companym tom itsm empl
oyees,m andm today—
withm am staffm ofm fourm hundredmandm am comparablem numberm ofm trade,m college, m andm professionalm titlesm publish
edm eachm year—
W.m W.m Nortonm &mCompanym standsm asm them larg estm andm oldestm publishing m housem ow nedm w hollym bym itsm emplo
yees.
Copyrightm ©m2014m bymW.mW.m Nortonm &mCompany, mInc.
m Allmrightsmreserved.
Printedm inm them Unitedm StatesmofmA merica.
m ISBNm978-0-393-93675-9
W.m W.m Nortonm &m Company, m Inc.
500mFifthmAvenue,m New m York,m N.Y.m10110-
0017mwwnorton.com
W.m W.m Nortonm &m Companym Ltd.
CastlemH ouse,m 75/76m W ellsm Street,mL ondonm W1T m3Q
T m1m2m3m4m5m6m 7m 8m9 m0
,CONTENTS
< HYPERLINK \l "_TOC_250002" Prefacevii
HYPERLINK \l "_TOC_250001" Partm I Testm Bank
Chapterm 2m m Budgetm Constraint 3
Chapterm3m m Preferences 11
Chapterm4m m Utility 17
Chapterm5m m Choice 24
Chapterm 6m m Demand 32
Chapterm 7m m Revealedm Preference 41
Chapterm 8m m Slutskym Equation 49
Chapterm 9m m Buying m andm Selling 55
Chapterm 10m m Intertemporalm Choice 65
Chapterm 11m m Assetm Markets 72
Chapterm12m m Uncertainty 79
Chapterm 13m m Riskym Assets 86
Chapterm 14m m Consumer’sm Surplus 89
Chapterm 15m m Marketm Demand 94
Chapterm 16m m Equilibrium 105
Chapterm 17m m Measurement 112
Chapterm18m m Auctions 113
Chapterm 19m m Technology 119
Chapterm 20m m Profitm Maximization 125
Chapterm 21m m Costm Minimization 132
Chapterm 22m m Costm Curves 143
Chapterm 23m m Firmm Supply 150
Chapterm 24m m Industrym Supply 155
Chapterm 25m m Monopoly 162
Chapterm 26m m Monopolym Behavior 172
, Chapterm 27m m Factorm Markets 177
Chapterm28m m Oligopoly 181
Chapterm 29m m Gamem Theory 189
Chapterm 30m m Gamem Applications 195
Chapterm 31m m Behavioralm Economics 202
Chapterm 32m m Exchange 207
Chapterm33m m Production 217
Chapterm34m m Welfare 224
Chapterm 35m m Externalities 228
Chapterm 36m m Informationm Technology 235
Chapterm 37m m Publicm Goods 239
Chapterm 38m m Asymmetricm Information 243
HYPERLINK \l "_TOC_250000" Partm II Alternativem Quizzes
Chapterm 2m m Budgetm Constraint 251
Chapterm3m m Preferences 256
Chapterm4m m Utility 261
Chapterm5m m Choice 266
Chapterm 6m m Demand 270
Chapterm 7m m Revealedm Preference 275
Chapterm 8m m Slutskym Equation 280
Chapterm 9m m Buying m andm Selling 285
Chapterm 10m m Intertemporalm Choice 290
Chapterm 11m m Assetm Markets 294
Chapterm 12m m Uncertainty 299
Chapterm 13m m Riskym Assets 304
Chapterm 14m m Consumer’sm Surplus 306
Chapterm 15m m Marketm Demand 311
Chapterm 16m m Equilibrium 315
Chapterm 17m m Measurement 319
Intermediate Microeconomics 9th Edition by Hal R. V
m m
m
m mm m m
arian Theodore C. Bergstrom James E. W
m m m m m m
Hal R. Varian
m m
Theodore C. Bergstrom m m m
James E. West m m
W • W • NORTON & COMPANY • NEW YORK • LONDON
m m m m m m m m m m m
/
,W.m W.m Nortonm &m Companym hasm beenm independentm sincem itsm founding m inm 1923,m w henm Williamm Warderm Nort
onmandm Marym D.m H erterm Nortonm firstm publishedm lecturesm deliveredm atm them People’sm Institute,m them adultm edu
cationm divisionm ofm New m York m City’sm Cooper m Union.m T hem firmm soonm expandedm itsm prog ramm beyondm them Instit
ute,mpublishing m book sm bym celebratedm academicsm fromm Americam andm abroad.m Bym midcentury, m them tw om major
m pillarsmofm Norton’sm publishing m prog ram— tradem book sm andm colleg em tex ts—
werem firmlym established. m Inm them 1950s,m themNortonm familym transferredm controlm ofm them companym tom itsm empl
oyees,m andm today—
withm am staffm ofm fourm hundredmandm am comparablem numberm ofm trade,m college, m andm professionalm titlesm publish
edm eachm year—
W.m W.m Nortonm &mCompanym standsm asm them larg estm andm oldestm publishing m housem ow nedm w hollym bym itsm emplo
yees.
Copyrightm ©m2014m bymW.mW.m Nortonm &mCompany, mInc.
m Allmrightsmreserved.
Printedm inm them Unitedm StatesmofmA merica.
m ISBNm978-0-393-93675-9
W.m W.m Nortonm &m Company, m Inc.
500mFifthmAvenue,m New m York,m N.Y.m10110-
0017mwwnorton.com
W.m W.m Nortonm &m Companym Ltd.
CastlemH ouse,m 75/76m W ellsm Street,mL ondonm W1T m3Q
T m1m2m3m4m5m6m 7m 8m9 m0
,CONTENTS
< HYPERLINK \l "_TOC_250002" Prefacevii
HYPERLINK \l "_TOC_250001" Partm I Testm Bank
Chapterm 2m m Budgetm Constraint 3
Chapterm3m m Preferences 11
Chapterm4m m Utility 17
Chapterm5m m Choice 24
Chapterm 6m m Demand 32
Chapterm 7m m Revealedm Preference 41
Chapterm 8m m Slutskym Equation 49
Chapterm 9m m Buying m andm Selling 55
Chapterm 10m m Intertemporalm Choice 65
Chapterm 11m m Assetm Markets 72
Chapterm12m m Uncertainty 79
Chapterm 13m m Riskym Assets 86
Chapterm 14m m Consumer’sm Surplus 89
Chapterm 15m m Marketm Demand 94
Chapterm 16m m Equilibrium 105
Chapterm 17m m Measurement 112
Chapterm18m m Auctions 113
Chapterm 19m m Technology 119
Chapterm 20m m Profitm Maximization 125
Chapterm 21m m Costm Minimization 132
Chapterm 22m m Costm Curves 143
Chapterm 23m m Firmm Supply 150
Chapterm 24m m Industrym Supply 155
Chapterm 25m m Monopoly 162
Chapterm 26m m Monopolym Behavior 172
, Chapterm 27m m Factorm Markets 177
Chapterm28m m Oligopoly 181
Chapterm 29m m Gamem Theory 189
Chapterm 30m m Gamem Applications 195
Chapterm 31m m Behavioralm Economics 202
Chapterm 32m m Exchange 207
Chapterm33m m Production 217
Chapterm34m m Welfare 224
Chapterm 35m m Externalities 228
Chapterm 36m m Informationm Technology 235
Chapterm 37m m Publicm Goods 239
Chapterm 38m m Asymmetricm Information 243
HYPERLINK \l "_TOC_250000" Partm II Alternativem Quizzes
Chapterm 2m m Budgetm Constraint 251
Chapterm3m m Preferences 256
Chapterm4m m Utility 261
Chapterm5m m Choice 266
Chapterm 6m m Demand 270
Chapterm 7m m Revealedm Preference 275
Chapterm 8m m Slutskym Equation 280
Chapterm 9m m Buying m andm Selling 285
Chapterm 10m m Intertemporalm Choice 290
Chapterm 11m m Assetm Markets 294
Chapterm 12m m Uncertainty 299
Chapterm 13m m Riskym Assets 304
Chapterm 14m m Consumer’sm Surplus 306
Chapterm 15m m Marketm Demand 311
Chapterm 16m m Equilibrium 315
Chapterm 17m m Measurement 319
