TESTBANKForMicroeconomics,9thedition
b b b b b
byJeffreyM.Perloff,Chapters1-20
b b b b b b b
,Tableofcontents
1. Introduction
2. SupplyandDemand
b b
3. ApplyingtheSupply-and-DemandModel
b b b
4. ConsumerChoice b
5. ApplyingConsumerTheory
b b
6. FirmsandProduction
b b
7. Costs
8. CompetitiveFirmsandMarkets b b b
9. ApplyingtheCompetitiveModel
b b b
10. GeneralEquilibriumandEconomicWelfare b b b b
11. Monopoly
12. PricingandAdvertising b b
13. OligopolyandMonopolisticCompetition b b b
14. GameTheory b
15. FactorMarkets b
16. InterestRates,Investments,andCapitalMarkets
b b b b b
17. Uncertainty
18. Externalities,Open-Access,andPublicGoods b b b b
19. AsymmetricInformation b
20. ContractsandMoralHazards b b b
,Chapter1 b Introduction
1.1 Microeconomics:TheAllocationofScarceResources b b b b b
1) Microeconomics studies thetallocation of b b b
A) decision makers. b
B) scarce resources. b
C) models.
D) unlimitedresources.tA b
NSWER:
b B
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking b
2) Microeconomics istoften called b b
A) price theory. b
B) decision science. b
C) scarcity.
D) resourcetheory. b
ANSWER: A
b b
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking b
3) Most microeconomic models assume that decision makerstwish to
b b b b b b b
A) make themselvestas well off as possible.
b b b b b
B) act selfishly.
b
C) make others as well off as possible.
b b b b b b
D) Nonetoftheabove.tA b b
NSWER:
b A
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking b
4) Society faces trade---‑offs becausetof
b b b
A) government regulations. b
B) profit motive. b
C) faceless bureaucrats. b
, D) scarcity.tA
NSWER:
b D
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking
b
b b b b b
byJeffreyM.Perloff,Chapters1-20
b b b b b b b
,Tableofcontents
1. Introduction
2. SupplyandDemand
b b
3. ApplyingtheSupply-and-DemandModel
b b b
4. ConsumerChoice b
5. ApplyingConsumerTheory
b b
6. FirmsandProduction
b b
7. Costs
8. CompetitiveFirmsandMarkets b b b
9. ApplyingtheCompetitiveModel
b b b
10. GeneralEquilibriumandEconomicWelfare b b b b
11. Monopoly
12. PricingandAdvertising b b
13. OligopolyandMonopolisticCompetition b b b
14. GameTheory b
15. FactorMarkets b
16. InterestRates,Investments,andCapitalMarkets
b b b b b
17. Uncertainty
18. Externalities,Open-Access,andPublicGoods b b b b
19. AsymmetricInformation b
20. ContractsandMoralHazards b b b
,Chapter1 b Introduction
1.1 Microeconomics:TheAllocationofScarceResources b b b b b
1) Microeconomics studies thetallocation of b b b
A) decision makers. b
B) scarce resources. b
C) models.
D) unlimitedresources.tA b
NSWER:
b B
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking b
2) Microeconomics istoften called b b
A) price theory. b
B) decision science. b
C) scarcity.
D) resourcetheory. b
ANSWER: A
b b
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking b
3) Most microeconomic models assume that decision makerstwish to
b b b b b b b
A) make themselvestas well off as possible.
b b b b b
B) act selfishly.
b
C) make others as well off as possible.
b b b b b b
D) Nonetoftheabove.tA b b
NSWER:
b A
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking b
4) Society faces trade---‑offs becausetof
b b b
A) government regulations. b
B) profit motive. b
C) faceless bureaucrats. b
, D) scarcity.tA
NSWER:
b D
Section:
TheAllocationofScarceResourcesQu
b b b b
estionStatus:
b b Old
AACSB: Analytic thinking
b
