TESTBANKForMicroeconomics,9thedition
byJeffreyM.Perloff,Chapters1-20
,Tableofcontents
1. Introduction
2. Supply and Demand
c4 c4
3. Applying the Supply-and-Demand Model
c4 c4 c4
4. Consumer Choice c4
5. Applying Consumer Theory
c4 c4
6. Firms and Production
c4 c4
7. Costs
8. Competitive Firms and Markets c4 c4 c4
9. Applying the Competitive Model
c4 c4 c4
10. General Equilibrium and Economic Welfarec4 c4 c4 c4
11. Monopoly
12. Pricing and Advertising c4 c4
13. Oligopoly and Monopolistic Competition c4 c4 c4
14. Game Theory c4
15. Factor Markets c4
16. Interest Rates, Investments, and Capital Markets
c4 c4 c4 c4 c4
17. Uncertainty
18. Externalities, Open-Access, and Public Goods c4 c4 c4 c4
19. Asymmetric Information c4
20. Contracts and Moral Hazards c4 c4 c4
,Chapter 1 c4 Introduction
1.1 Microeconomics: The Allocation of Scarce Resources
c4 c4 c4 c4 c4
1) Microeconomicsc4studiesc4thec4allocationc4of
A) decisionc4makers.
B) scarcec4resources.
C) models.
D) unlimitedc4resources.
E) TANSWER:c4B
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
2) Microeconomicsc4isToftenc4called
A) pricec4theory.
B) decisionc4science.
C) scarcity.
D) resourcec4theory.
c4 ANSWER:c 4 A
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
3) Mostc4microeconomicc4modelsc4assumec4thatTdecisionc4makersTwishc4to
A) makec4themselvesc4asc4wellc4offc4asc4possible.
B) actc4selfishly.
C) makec4othersc4asc4wellc4offc4asc4possible.
D) Nonec4ofc4thec4above
.c4ANSWER:c 4 A
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
4) Societyc 4 facesc 4 trade---‑offsc 4 becausec 4 of
A) governmentc4regulations.
B) profitc4motive.
C) facelessc4bureaucrats.
, D) scarcity.c4A
c4 NSWER: D
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
byJeffreyM.Perloff,Chapters1-20
,Tableofcontents
1. Introduction
2. Supply and Demand
c4 c4
3. Applying the Supply-and-Demand Model
c4 c4 c4
4. Consumer Choice c4
5. Applying Consumer Theory
c4 c4
6. Firms and Production
c4 c4
7. Costs
8. Competitive Firms and Markets c4 c4 c4
9. Applying the Competitive Model
c4 c4 c4
10. General Equilibrium and Economic Welfarec4 c4 c4 c4
11. Monopoly
12. Pricing and Advertising c4 c4
13. Oligopoly and Monopolistic Competition c4 c4 c4
14. Game Theory c4
15. Factor Markets c4
16. Interest Rates, Investments, and Capital Markets
c4 c4 c4 c4 c4
17. Uncertainty
18. Externalities, Open-Access, and Public Goods c4 c4 c4 c4
19. Asymmetric Information c4
20. Contracts and Moral Hazards c4 c4 c4
,Chapter 1 c4 Introduction
1.1 Microeconomics: The Allocation of Scarce Resources
c4 c4 c4 c4 c4
1) Microeconomicsc4studiesc4thec4allocationc4of
A) decisionc4makers.
B) scarcec4resources.
C) models.
D) unlimitedc4resources.
E) TANSWER:c4B
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
2) Microeconomicsc4isToftenc4called
A) pricec4theory.
B) decisionc4science.
C) scarcity.
D) resourcec4theory.
c4 ANSWER:c 4 A
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
3) Mostc4microeconomicc4modelsc4assumec4thatTdecisionc4makersTwishc4to
A) makec4themselvesc4asc4wellc4offc4asc4possible.
B) actc4selfishly.
C) makec4othersc4asc4wellc4offc4asc4possible.
D) Nonec4ofc4thec4above
.c4ANSWER:c 4 A
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
4) Societyc 4 facesc 4 trade---‑offsc 4 becausec 4 of
A) governmentc4regulations.
B) profitc4motive.
C) facelessc4bureaucrats.
, D) scarcity.c4A
c4 NSWER: D
Section:
Thec4Allocationc4ofc4Scarcec4ResourcesQ
uc4estionc4Status: Old
AACSB: Analyticc4thinking
