Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 9 pptx

... Chapter 9: The Analysis of Competitive Markets 117 CHAPTER 9 THE ANALYSIS OF COMPETITIVE MARKETS REVIEW QUESTIONS 1. ... because consumers purchase less. The problem with a price floor or Chapter 9: The Analysis of Competitive Markets 1 19 minimum price is that it sends the wrong signal to producers. Thinking that ... Consumers will purchase less than the market equilibrium quantity, resulting in a loss of Chapter 9: The Analysis of Competitive Markets 118 surplus to consumers. Consumers will also purchase...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 1 pptx

... The price of long-distance telephone service fell from 40 cents per minute in 199 6 to 22 cents per minute in 199 9, a 45-percent (18 cents/40 cents) decrease. The Consumer Price Index increased ... period. What happened to the real price of telephone service? Let the CPI for 199 6 equal 1 and the CPI for 199 9 equal 1.1, which reflects a 10% increase in the overall price level. To find ... are determined by the interaction of supply and demand. The real price of eggs fell from 197 0 to 198 5 because of either a reduction in demand (consumers switched to lower-cholesterol food),...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 5 pptx

... holding such a portfolio, compared to a low-risk asset, such as a U.S. government savings bond. 9. Why do some investors put a large portion of their portfolios into risky assets, while others...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 10 pptx

... out a series of prices and quantities 138 Chapter 10: Market Power: Monopoly and Monopsony 1 39 that we can identify as the supply curve for the firm. Instead, shifts in demand lead to changes ... the conversion of bauxite to alumina. (See U.S. v. Aluminum Company of America, 148 F.2d 416 [ 194 5], discussed in Exercise 8, below.) 6. What factors determine the amount of monopoly power an ... This task is difficult given the monopolist’s incentive to hide or distort this information. 9. How should a monopsonist decide how much of a product to buy? Will it buy more or less than...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 2 pdf

... support the conclusion that demand is completely price inelastic. S 197 6PriceQuantity S 198 6S 199 6D 199 6D 198 6D 197 6 Figure 2.10 11. Suppose the demand curve for a product is ... levels, the price of pork will rise, assuming that pork is a substitute for beef and chicken. 9. The city council of a small college town decides to regulate rents in order to reduce student ... rent for a two-bedroom apartment had been $700 per month, and rents are expected to increase to $90 0 within a year. The city council limits rents to their current $700 per month level. a. Draw...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 3 pdf

... Consumer Behavior 29 rank consumer choices. It is not necessary to know how intensely a consumer prefers basket A over basket B; it is enough to know that A is preferred to B. 9. Upon merging...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 4 docx

... consumers can substitute out of particular foods, they cannot substitute out of food in general. 9. Suppose that the average household in a state consumes 800 gallons of gasoline per year. A 20-cent...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 6 doc

... same. As a general rule, if the firm has more of all the inputs they can produce more output. 9. Explain the term “marginal rate of technical substitution”? What does a MRTS=4 mean? MRTS is ... diminish because aDeleted: As Deleted: is Deleted: the Deleted: per unit Chapter 6: Production 79 have named it the “law of diminishing marginal productivity.” By definition, the marginal product...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 7 docx

... cost exceeds average variable cost is also the point where average variable cost starts to rise. 9. If the firm’s average cost curves are U-shaped, why does its average variable cost curve achieve ... If the firm experiences Formatted: Bullets and NumberingChapter 7: The Costs of Production 89 increasing returns to scale, then constant returns to scale, its long-run average cost curve...

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 8 doc

... long-run supply curve is upward sloping. Thus, the supply curve for videos would be upward sloping. 9. True or false: A firm should always produce at an output at which long-run average cost is minimized....

Xem thêm