TESTBANKForMicroeconomics,9thedition
byJeffreyM.Perloff,Chapters1-20
,Tableofcontents
1. Introduction
2. Supply and Demand
bk bk
3. Applying the Supply-and-Demand Model
bk bk bk
4. Consumer Choice bk
5. Applying Consumer Theory
bk bk
6. Firms and Production
bk bk
7. Costs
8. Competitive Firms and Markets bk bk bk
9. Applying the Competitive Model
bk bk bk
10. General Equilibrium and Economic Welfarebk bk bk bk
11. Monopoly
12. Pricing and Advertising bk bk
13. Oligopoly and Monopolistic Competition bk bk bk
14. Game Theory bk
15. Factor Markets bk
16. Interest Rates, Investments, and Capital Markets
bk bk bk bk bk
17. Uncertainty
18. Externalities, Open-Access, and Public Goods bk bk bk bk
19. Asymmetric Information bk
20. Contracts and Moral Hazards bk bk bk
,Chapter 1 bk Introduction
1.1 Microeconomics: The Allocation of Scarce Resources
bk bk bk bk bk
1) Microeconomicsbkstudiesbkthebkallocationbkof
A) decisionbkmakers.
B) scarcebkresources.
C) models.
D) unlimitedbkresources.
E) TANSWER:bkB
Section:
ThebkAllocationbkofbkScarcebkResourcesQ
ubkestionbkStatus: Old
AACSB: Analyticbkthinking
2) MicroeconomicsbkisToftenbkcalled
A) pricebktheory.
B) decisionbkscience.
C) scarcity.
D) resourcebktheory.
ANSWER:b
bk k A
Section:
ThebkAllocationbkofbkScarcebkResourcesQ
ubkestionbkStatus: Old
AACSB: Analyticbkthinking
3) MostbkmicroeconomicbkmodelsbkassumebkthatTdecisionbkmakersTwishbkto
A) makebkthemselvesbkasbkwellbkoffbkasbkpossible.
B) actbkselfishly.
C) makebkothersbkasbkwellbkoffbkasbkpossible.
D) Nonebkofbkthebkabov
e.bkANSWER:b k A
Section:
ThebkAllocationbkofbkScarcebkResources
QubkestionbkStatus: Old
AACSB: Analyticbkthinking
4) Societyb k facesb k trade---‑offsb k becauseb k of
A) governmentbkregulations.
B) profitbkmotive.
C) facelessbkbureaucrats.
, D) scarcity.bkA
bk NSWER: D
Section:
ThebkAllocationbkofbkScarcebkResourcesQ
ubkestionbkStatus: Old
AACSB: Analyticbkthinking
byJeffreyM.Perloff,Chapters1-20
,Tableofcontents
1. Introduction
2. Supply and Demand
bk bk
3. Applying the Supply-and-Demand Model
bk bk bk
4. Consumer Choice bk
5. Applying Consumer Theory
bk bk
6. Firms and Production
bk bk
7. Costs
8. Competitive Firms and Markets bk bk bk
9. Applying the Competitive Model
bk bk bk
10. General Equilibrium and Economic Welfarebk bk bk bk
11. Monopoly
12. Pricing and Advertising bk bk
13. Oligopoly and Monopolistic Competition bk bk bk
14. Game Theory bk
15. Factor Markets bk
16. Interest Rates, Investments, and Capital Markets
bk bk bk bk bk
17. Uncertainty
18. Externalities, Open-Access, and Public Goods bk bk bk bk
19. Asymmetric Information bk
20. Contracts and Moral Hazards bk bk bk
,Chapter 1 bk Introduction
1.1 Microeconomics: The Allocation of Scarce Resources
bk bk bk bk bk
1) Microeconomicsbkstudiesbkthebkallocationbkof
A) decisionbkmakers.
B) scarcebkresources.
C) models.
D) unlimitedbkresources.
E) TANSWER:bkB
Section:
ThebkAllocationbkofbkScarcebkResourcesQ
ubkestionbkStatus: Old
AACSB: Analyticbkthinking
2) MicroeconomicsbkisToftenbkcalled
A) pricebktheory.
B) decisionbkscience.
C) scarcity.
D) resourcebktheory.
ANSWER:b
bk k A
Section:
ThebkAllocationbkofbkScarcebkResourcesQ
ubkestionbkStatus: Old
AACSB: Analyticbkthinking
3) MostbkmicroeconomicbkmodelsbkassumebkthatTdecisionbkmakersTwishbkto
A) makebkthemselvesbkasbkwellbkoffbkasbkpossible.
B) actbkselfishly.
C) makebkothersbkasbkwellbkoffbkasbkpossible.
D) Nonebkofbkthebkabov
e.bkANSWER:b k A
Section:
ThebkAllocationbkofbkScarcebkResources
QubkestionbkStatus: Old
AACSB: Analyticbkthinking
4) Societyb k facesb k trade---‑offsb k becauseb k of
A) governmentbkregulations.
B) profitbkmotive.
C) facelessbkbureaucrats.
, D) scarcity.bkA
bk NSWER: D
Section:
ThebkAllocationbkofbkScarcebkResourcesQ
ubkestionbkStatus: Old
AACSB: Analyticbkthinking