TO GET ALL CHAPTERS EMAIL ME AT>>>>>
nn nn nn nn nn nn
nn nn nn nn
TEST BANK For Microeconomics, 9th edition by JeffreyM. Perloff, Chapters 1 - 20
nn nn nn nn nn n n nn n nn nn nn nn nn
, TO GET ALL CHAPTERS EMAIL ME AT>>>>>
nn nn nn nn nn nn
nn nn nn nn
Tableofcontents
n n
1. Introduction
2. Supply and Demand nn nn
3. Applying the Supply-and-Demand Model
nn nn nn
4. Consumer Choice nn
5. Applying Consumer Theorynn nn
6. Firms and Production
nn nn
7. Costs
8. Competitive Firms and Markets nn nn nn
9. Applying the Competitive Model
nn nn nn
10. General Equilibrium and Economic Welfare
nn nn nn nn
11. Monopoly
12. Pricing and Advertisingnn nn
13. Oligopoly and Monopolistic Competition nn nn nn
14. Game Theory nn
15. Factor Markets nn
16. Interest Rates, Investments, and Capital Markets
nn nn nn nn nn
17. Uncertainty
18. Externalities, Open-Access, and Public Goods nn nn nn nn
19. Asymmetric Information nn
20. Contracts and Moral Hazards nn nn nn
,Chapter 1 nn Introduction
TO GET ALL CHAPTERS EMAIL ME AT>>>>>
nn nn nn nn nn nn nn nn nn
nn
1.1 Microeconomics: The Allocation of Scarce Resources nn nn nn nn nn
1) Microeconomics studies the allocation of nn nn nn n n
A) decision makers. n n
B) scarce resources.
n n
C) models.
D) unlimited
n n resources. nn
nn ANSWER: B nn
Section: The Allocation of Scarce nn nn nn
nn Resources Question Status:
n n n n Old
AACSB: Analytic thinking n n
2) Microeconomics is often called nn nn n n
A) price theory.
nn
B) decision science. n n
C) scarcity.
D) resource
n n theory. nn
nn ANSWER: A nn
Section: The Allocation of Scarce nn nn n n
nn Resources Question Status:
n n n n Old
AACSB: Analytic thinking n n
3) Most microeconomic models assume that decision makers wish to
nn n n nn nn nn n n nn nn
A) make themselves as well off as possible.
nn nn nn nn nn nn
, B) act selfishly.
nn
C) make others as well off as possible.
nn nn nn nn nn nn
D) None of the
nn nn
nn above. ANSWER:
nn nn
A
nn
Section: The Allocation of Scarce Resources
nn nn nn nn
nn nn nn nn nn nn
nn nn nn nn
TEST BANK For Microeconomics, 9th edition by JeffreyM. Perloff, Chapters 1 - 20
nn nn nn nn nn n n nn n nn nn nn nn nn
, TO GET ALL CHAPTERS EMAIL ME AT>>>>>
nn nn nn nn nn nn
nn nn nn nn
Tableofcontents
n n
1. Introduction
2. Supply and Demand nn nn
3. Applying the Supply-and-Demand Model
nn nn nn
4. Consumer Choice nn
5. Applying Consumer Theorynn nn
6. Firms and Production
nn nn
7. Costs
8. Competitive Firms and Markets nn nn nn
9. Applying the Competitive Model
nn nn nn
10. General Equilibrium and Economic Welfare
nn nn nn nn
11. Monopoly
12. Pricing and Advertisingnn nn
13. Oligopoly and Monopolistic Competition nn nn nn
14. Game Theory nn
15. Factor Markets nn
16. Interest Rates, Investments, and Capital Markets
nn nn nn nn nn
17. Uncertainty
18. Externalities, Open-Access, and Public Goods nn nn nn nn
19. Asymmetric Information nn
20. Contracts and Moral Hazards nn nn nn
,Chapter 1 nn Introduction
TO GET ALL CHAPTERS EMAIL ME AT>>>>>
nn nn nn nn nn nn nn nn nn
nn
1.1 Microeconomics: The Allocation of Scarce Resources nn nn nn nn nn
1) Microeconomics studies the allocation of nn nn nn n n
A) decision makers. n n
B) scarce resources.
n n
C) models.
D) unlimited
n n resources. nn
nn ANSWER: B nn
Section: The Allocation of Scarce nn nn nn
nn Resources Question Status:
n n n n Old
AACSB: Analytic thinking n n
2) Microeconomics is often called nn nn n n
A) price theory.
nn
B) decision science. n n
C) scarcity.
D) resource
n n theory. nn
nn ANSWER: A nn
Section: The Allocation of Scarce nn nn n n
nn Resources Question Status:
n n n n Old
AACSB: Analytic thinking n n
3) Most microeconomic models assume that decision makers wish to
nn n n nn nn nn n n nn nn
A) make themselves as well off as possible.
nn nn nn nn nn nn
, B) act selfishly.
nn
C) make others as well off as possible.
nn nn nn nn nn nn
D) None of the
nn nn
nn above. ANSWER:
nn nn
A
nn
Section: The Allocation of Scarce Resources
nn nn nn nn
