TEST vBANK vFor vMicroeconomics, v9th vedition v by vJeffrey vM. vPerloff, vChapters v1 v- v20
, TO vGET vALL vCHAPTERS vEMAIL vME vAT>>>>> v v v
Table vofvcontents
1. Introduction
2. Supply vand vDemand
3. Applying vthe vSupply-and-Demand vModel
4. Consumer vChoice
5. Applying vConsumer vTheory
6. Firms vand vProduction
7. Costs
8. Competitive vFirms vand vMarkets
9. Applying vthe vCompetitive vModel
10. General vEquilibrium vand vEconomic vWelfare
11. Monopoly
12. Pricing vand vAdvertising
13. Oligopoly vand vMonopolistic vCompetition
14. Game vTheory
15. Factor vMarkets
16. Interest vRates, vInvestments, vand vCapital vMarkets
17. Uncertainty
18. Externalities, vOpen-Access, vand vPublic vGoods
19. Asymmetric vInformation
20. Contracts vand vMoral vHazards
,Chapter v1 Introduction
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v
1.1 Microeconomics: vThe vAllocation vof vScarce vResources
1) Microeconomics v studies v the v allocation v of
A) decision v makers.
B) scarce v resources.
C) models.
D) unlimited
v resources. v
v ANSWER: vB
Section: The v Allocation v of v Scarce
v Resources v Question v Status: Old
AACSB: Analytic v thinking
2) Microeconomics v is v often v called
A) price v theory.
B) decision v science.
C) scarcity.
D) resource
v theory. v
v ANSWER: vA
Section: The v Allocation v of v Scarce
v Resources v Question v Status: Old
AACSB: Analytic v thinking
3) Most v microeconomic v models v assume v that v decision v makers v wish v to
A) make v themselves v as v well v off v as v possible.
, B) act v selfishly.
C) make v others v as v well v off v as v possible.
D) None v of v the
v above. v vANSWER:
A
v
Section: The v Allocation v of v Scarce v Resources