for any assistance email at
Test Bank | Microeconomics (9th Edition) –
+| +| +| +| +| +| +|
Jeffrey M. Perloff | Chapters 1–
+| +| +| +| +| +|
20 | Verified Q&A | Econ Exam & Homework Prep
+| +| +| +| +| +| +| +| +|
,for any assistance email at
,for any assistance email at
Table of contents
+| +|
1. Introduction
2. Supply and Demand
+| +|
3. Applying the Supply-and-Demand Model
+| +| +|
4. Consumer Choice +|
5. Applying Consumer Theory
+| +|
6. Firms and Production
+| +|
7. Costs
8. Competitive Firms and Markets +| +| +|
9. Applying the Competitive Model
+| +| +|
10. General Equilibrium and Economic Welfare
+| +| +| +|
11. Monopoly
12. Pricing and Advertising +| +|
13. Oligopoly and Monopolistic Competition
+| +| +|
14. Game Theory +|
15. Factor Markets +|
16. Interest Rates, Investments, and Capital Markets
+| +| +| +| +|
17. Uncertainty
18. Externalities, Open-Access, and Public Goods +| +| +| +|
19. Asymmetric Information +|
20. Contracts and Moral Hazards +| +| +|
,for any assistance email at
Chapter+|1 Introduction
1.1 Microeconomics:+|The+|Allocation+|of+|Scarce+|Resources
1) Microeconomics +|studies+|the+|allocation+|of
A) decision+|makers.
B) scarce+|resources.
C) models.
D) unlimited+|resources
.+|ANSWER: B
Section:
The+|Allocation+|of+|Scarce+|Resour
ces+|Question+|Status: Old
AACSB: Analytic+|thinking
2) Microeconomics +|is+|often+|called
A) price+|theory.
B) decision+|science.
C) scarcity.
D) resource+|theory
.+|ANSWER: A
Section:
The+|Allocation+|of+|Scarce+|Resour
ces+|Question+|Status: Old
AACSB: Analytic+|thinking
3) Most+|microeconomic+|models+|assume+|that+|decision+|makers+|wish+|to
A) make+|themselves +|as+|well+|off+|as+|possible.
B) act+|selfishly.
C) make+|others+|as+|well+|off+|as+|possible.
D) None+|of+|the+|abo
Test Bank | Microeconomics (9th Edition) –
+| +| +| +| +| +| +|
Jeffrey M. Perloff | Chapters 1–
+| +| +| +| +| +|
20 | Verified Q&A | Econ Exam & Homework Prep
+| +| +| +| +| +| +| +| +|
,for any assistance email at
,for any assistance email at
Table of contents
+| +|
1. Introduction
2. Supply and Demand
+| +|
3. Applying the Supply-and-Demand Model
+| +| +|
4. Consumer Choice +|
5. Applying Consumer Theory
+| +|
6. Firms and Production
+| +|
7. Costs
8. Competitive Firms and Markets +| +| +|
9. Applying the Competitive Model
+| +| +|
10. General Equilibrium and Economic Welfare
+| +| +| +|
11. Monopoly
12. Pricing and Advertising +| +|
13. Oligopoly and Monopolistic Competition
+| +| +|
14. Game Theory +|
15. Factor Markets +|
16. Interest Rates, Investments, and Capital Markets
+| +| +| +| +|
17. Uncertainty
18. Externalities, Open-Access, and Public Goods +| +| +| +|
19. Asymmetric Information +|
20. Contracts and Moral Hazards +| +| +|
,for any assistance email at
Chapter+|1 Introduction
1.1 Microeconomics:+|The+|Allocation+|of+|Scarce+|Resources
1) Microeconomics +|studies+|the+|allocation+|of
A) decision+|makers.
B) scarce+|resources.
C) models.
D) unlimited+|resources
.+|ANSWER: B
Section:
The+|Allocation+|of+|Scarce+|Resour
ces+|Question+|Status: Old
AACSB: Analytic+|thinking
2) Microeconomics +|is+|often+|called
A) price+|theory.
B) decision+|science.
C) scarcity.
D) resource+|theory
.+|ANSWER: A
Section:
The+|Allocation+|of+|Scarce+|Resour
ces+|Question+|Status: Old
AACSB: Analytic+|thinking
3) Most+|microeconomic+|models+|assume+|that+|decision+|makers+|wish+|to
A) make+|themselves +|as+|well+|off+|as+|possible.
B) act+|selfishly.
C) make+|others+|as+|well+|off+|as+|possible.
D) None+|of+|the+|abo
