TESTBANKForMicroeconomics,9thedition
byJeffreyM.Perloff,Chapters1-20
,Tableofcontents
1. Introduction
2. SupplyandDemand
tx tx
3. Applying theSupply-and-Demand Model
tx tx tx
4. ConsumerChoice tx
5. ApplyingConsumerTheory
tx tx
6. FirmsandProduction
tx tx
7. Costs
8. CompetitiveFirmsandMarkets tx tx tx
9. ApplyingtheCompetitiveModel
tx tx tx
10. GeneralEquilibrium andEconomicWelfare tx tx tx tx
11. Monopoly
12. PricingandAdvertising tx tx
13. Oligopolyand Monopolistic Competition tx tx tx
14. GameTheory tx
15. FactorMarkets tx
16. Interest Rates,Investments,andCapital Markets
tx tx tx tx tx
17. Uncertainty
18. Externalities,Open-Access,and PublicGoods tx tx tx tx
19. AsymmetricInformation tx
20. ContractsandMoralHazards tx tx tx
,Chapter 1 tx Introduction
1.1 Microeconomics: The Allocation of Scarce Resources tx tx tx tx tx
1) Microeconomics studies the allocation of tx tx tx tx
A) decision makers. tx
B) scarce resources. tx
C) models.
D) unlimited resources. tx
E) TANSWER: B tx
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking tx
2) Microeconomics isToften called tx tx
A) price theory. tx
B) decision science. tx
C) scarcity.
D) resource theory. tx t
x ANSWER: t x A
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking tx
3) Most microeconomic models assume thatTdecision makersTwish to
tx tx tx tx tx tx
A) make themselves as well off as possible.
tx tx tx tx tx tx
B) act selfishly.
tx
C) make others as well off as possible.
tx tx tx tx tx tx
D) None of the above.tx tx tx t
x ANSWER: t x A
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking tx
4) Society faces trade---‑offs because of
tx tx t x tx
A) government regulations. tx
B) profit motive. tx
C) faceless bureaucrats. tx
, D) scarcity. A tx t
x NSWER: D
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking
tx
byJeffreyM.Perloff,Chapters1-20
,Tableofcontents
1. Introduction
2. SupplyandDemand
tx tx
3. Applying theSupply-and-Demand Model
tx tx tx
4. ConsumerChoice tx
5. ApplyingConsumerTheory
tx tx
6. FirmsandProduction
tx tx
7. Costs
8. CompetitiveFirmsandMarkets tx tx tx
9. ApplyingtheCompetitiveModel
tx tx tx
10. GeneralEquilibrium andEconomicWelfare tx tx tx tx
11. Monopoly
12. PricingandAdvertising tx tx
13. Oligopolyand Monopolistic Competition tx tx tx
14. GameTheory tx
15. FactorMarkets tx
16. Interest Rates,Investments,andCapital Markets
tx tx tx tx tx
17. Uncertainty
18. Externalities,Open-Access,and PublicGoods tx tx tx tx
19. AsymmetricInformation tx
20. ContractsandMoralHazards tx tx tx
,Chapter 1 tx Introduction
1.1 Microeconomics: The Allocation of Scarce Resources tx tx tx tx tx
1) Microeconomics studies the allocation of tx tx tx tx
A) decision makers. tx
B) scarce resources. tx
C) models.
D) unlimited resources. tx
E) TANSWER: B tx
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking tx
2) Microeconomics isToften called tx tx
A) price theory. tx
B) decision science. tx
C) scarcity.
D) resource theory. tx t
x ANSWER: t x A
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking tx
3) Most microeconomic models assume thatTdecision makersTwish to
tx tx tx tx tx tx
A) make themselves as well off as possible.
tx tx tx tx tx tx
B) act selfishly.
tx
C) make others as well off as possible.
tx tx tx tx tx tx
D) None of the above.tx tx tx t
x ANSWER: t x A
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking tx
4) Society faces trade---‑offs because of
tx tx t x tx
A) government regulations. tx
B) profit motive. tx
C) faceless bureaucrats. tx
, D) scarcity. A tx t
x NSWER: D
Section:
The Allocation of Scarce ResourcesQu
tx tx tx tx t
x estion Status:
tx Old
AACSB: Analytic thinking
tx
