*****INSTANT DOWNLOAD****PDF***TEST BANK For Microeconomics Global Edition 9th Edition by Jeffrey M. Perloff, Verified Chapters 1 - 20, Complete Newest Version

,Tableofcontents
c c




1. Introduction
2. Supply and Demand
c c




3. Applying the Supply-and-Demand Model
c c c




4. Consumer Choice c




5. Applying Consumer Theory
c c




6. Firms and Production
c c




7. Costs
8. Competitive Firms and Markets c c c




9. Applying the Competitive Model
c c c




10. General Equilibrium and Economic Welfare c c c c




11. Monopoly
12. Pricing and Advertising c c




13. Oligopoly and Monopolistic Competition c c c




14. Game Theory c




15. Factor Markets c




16. Interest Rates, Investments, and Capital Markets
c c c c c




17. Uncertainty
18. Externalities, Open-Access, and Public Goods c c c c




19. Asymmetric Information c




20. Contracts and Moral Hazards c c c

,Chapter 1 c Introduction
1.1 Microeconomics: TheAllocation of ScarceResources c c c c c




1) Microeconomics studies the allocation of c c c c




A) decision makers. c




B) scarce resources. c




C) models.

D) unlimited resources. c




ANSWER: B
c




Section: The Allocation of Scarce Resources
c c c c




Question Status:
c c Old
AACSB: Analytic thinking c




2) Microeconomics is often called c c c




A) price theory.
c




B) decision science. c




C) scarcity.

D) resource theory. c




ANSWER: A
c




Section: The Allocation of Scarce Resources
c c c c




Question Status:
c c Old
AACSB: Analytic thinking c




3) Most microeconomic models assume that decision makers wish to
c c c c c c c c




A) make themselves as well off as possible.
c c c c c c




B) act selfishly.
c




C) make others as well off as possible.
c c c c c c




D) None of the above. c c c




ANSWER: A
c




Section: The Allocation of Scarce Resources
c c c c




Question Status:
c c Old
AACSB: Analytic thinking c




4) Society faces trade-­ ‑offs because of
c c c c




A) governmentregulations. c




B) profit motive. c




C) faceless bureaucrats. c

, D) scarcity.
ANSWER: D
c




Section: The Allocation of Scarce Resources
c c c c




Question Status:
c c Old
AACSB: Analytic thinking
c