微观经济学Microeconomics英文版题库完整版.docx
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微观经济学Microeconomics英文版题库完整版
Microeconomics,10e（Parkin）
Chapter5EfficiencyandEquity
1ResourceAllocationMethods
1）IntheUnitedStates,resourcesaremostoftenallocatedby
A）marketprice.
B）commandsystem.
C）lottery.
D）contest.
Answer:
A
Topic:
ResourceAllocationMethods
Skill:
Recognition
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
2）Acontestisagoodwaytoallocatescarceresourceswhen
A）theeffortsoftheplayersarehardtomonitordirectly.
B）thelinesofresponsibilityareclear.
C）thedecisionbeingmadeaffectsalargenumberofpeople.
D）thereisnoeffectivewaytodistinguishamongpotentialusers.
Answer:
A
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
3）Theresourceallocationmethodthatisusedtoallocatescarceresourcesbetweenprivateuseandgovernmentuseis
A）first-come,first-served.
B）personalcharacteristics.
C）majorityrule.
D）lottery.
Answer:
C
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
4）Whichofthefollowingistrue?
A）Lotteriesworkbestwhenaresourcecanservejustoneuseratatimeinasequence.
B）Amarketpricealwaysallocatesresourcesbetterthandoesacommandsystem.
C）Whenthegovernmentdecideshowtoallocatetaxdollarsamongcompetinguses,resourcesareallocatedbymajorityrule.
D）Forcehasneverplayedanimportantroleinallocatingscarceresources.
Answer:
C
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
5）Whichofthefollowingistrue?
A）Whenresourcesareallocatedonthebasisofpersonalcharacteristics,allpeoplewhoarewillingandabletopaythepricegettheresource.
B）Whentherangeofactivitiestobemonitoredislargeandcomplex,acommandsystemallocatesresourcesbetterthanamarketprice.
C）Whenamarketpriceallocatesresources,somepeoplewhoarewillingandabletopaythatpricedon'tgettheresource.
D）Forcehelpssupportthelegalsystemonwhichmarketsfunction.
Answer:
D
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
6）Asamethodofresourceallocation,force
A）isnotimportant.
B）playsacrucialnegativerole.
C）playsacrucialpositiverole.
D）playsacrucialroleforbothgoodandill.
Answer:
D
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
7）Asamethodofresourceallocation,marketprice
A）meansthosewhoarewillingandabletopaygetaparticulargoodorservice.
B）workswellwhenself-interestmustbesuppressed.
C）worksbestinsidefirmsandgovernmentdepartments.
D）isefficientwhenthereisnoeffectivewaytodistinguishamongpotentialusersofascarceresource.
Answer:
A
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
8）Whichofthefollowingistrue?
A）Whenamarketpriceallocatesresources,allpeoplewhoarewillingandabletopaythatpricegettheresource.
B）Acommandsystemworkswellwhentherangeofactivitiestobemonitoredislargeandcomplex.
C）Whenthegovernmentdecideshowtoallocatetaxdollarsamongcompetinguses,resourcesareallocatedbymarketprices.
D）Whenamanagerofferseveryoneinthecompanytheopportunitytowinaprize,resourcesareallocatedbyalottery.
Answer:
A
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
9）Whenallocatingresourcesusingmarketprice
A）everyonewhoiswillingandabletopayforagoodgetsone.
B）everyonewhowantsagoodgetsone.
C）everyonewhoiswillingtopayforagoodgetsone.
D）everyonewhoisabletopayforagoodgetsone.
Answer:
A
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
10）Whenscarceresourcescanserveonlyoneuseratatimeinsequence,whichmethodworkswellforallocatingthescarceresources?
A）firstcome,firstserved
B）lottery
C）contest
D）commandsystem
Answer:
A
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
11）Whichofthefollowingistrue?
A）Whenamarketpriceallocatesresources,everyonewhoisabletopaythepricegetstheresource.
B）Acommandsystemworkswellwhenthelinesofauthorityandresponsibilityareclear.
C）Whenthegovernmentdecideshowtoallocatetaxdollarsamongcompetinguses,resourcesareallocatedbycommand.
D）Whenamanagerofferseveryoneinthecompanytheopportunitytowinaprize,resourcesareallocatedbyamarketprice.
Answer:
B
Topic:
ResourceAllocationMethods
Skill:
Conceptual
Questionhistory:
Modified10thedition
AACSB:
ReflectiveThinking
12）Allocatingresourcesbytheorderofsomeoneinauthorityisa________allocationmethod.
A）first-come,first-served
B）marketprice
C）majorityrule
D）command
Answer:
D
Topic:
StudyGuideQuestion,ResourceAllocationMethod
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
13）Oftenpeopletryingtowithdrawmoneyfromtheirbankmustwaitinline,whichreflectsa________allocationmethod.
A）first-come,first-served
B）marketprice
C）contest
D）command
Answer:
A
Topic:
StudyGuideQuestion,ResourceAllocationMethod
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
14）Ifapersonwillrentanapartmentonlytomarriedcouplesover30yearsold,thatpersonisallocatingresourcesusinga________allocationmethod.
A）first-come,first-served
B）marketprice
C）personalcharacteristics
D）command
Answer:
C
Topic:
StudyGuideQuestion,ResourceAllocationMethod
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
2Benefit,Cost,andSurplus
1）Thevalueofonemoreunitofagoodorserviceisthe
A）marginalbenefit.
B）minimumpricethatpeoplearewillingtopayforanotherunitofthegoodorservice.
C）marginalcost.
D）opportunitycostofproducingonemoreunitofagoodorservice.
Answer:
A
Topic:
Value,WillingnesstoPay,andDemand
Skill:
Recognition
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
2）Thevalueofagoodisequaltothe
A）maximumpriceyouarewillingtopayforit.
B）pricethatyouactuallypayforit.
C）priceyouactuallypayforitminusthemaximumyouarewillingtopayforit.
D）maximumyouarewillingtopayforitminusthepriceyouactuallypayforit.
Answer:
A
Topic:
Value,WillingnesstoPay,andDemand
Skill:
Recognition
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
3）Marginalbenefitisthebenefitreceivedfrom________.
A）consumingmoregoodsorservices
B）producingtheefficientquantity
C）consumingtheefficientquantity
D）consumingonemoreunitofagoodorservice
Answer:
D
Topic:
MarginalBenefit
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
4）AllofthefollowingstatementsaboutmarginalbenefitarecorrectEXCEPTthemarginalbenefitofagood
A）isthebenefitapersonreceivesfromconsumingonemoreunitofthegoodorservice.
B）ismeasuredasthemaximumamountthatapersoniswillingtopayforonemoreunitofthegood.
C）isequaltozerowhenresourceuseisefficient.
D）decreasesasthequantityconsumedofthegoodincreases.
Answer:
C
Topic:
MarginalBenefit
Skill:
Conceptual
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
5）Sallikestoeatpizza.The________isthemaximumamountthatSaliswillingtopayforonemorepieceofpizza.
A）efficientprice
B）efficientamount
C）marginalbenefit
D）marginalcost
Answer:
C
Topic:
MarginalBenefit
Skill:
Recognition
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
6）Marginalbenefit
A）isthesameasthetotalbenefitreceivedfromconsumingagood.
B）isthemaximumamountapersoniswillingtopayforonemoreunitofagood.
C）increasesasconsumptionincreases.
D）isthedifferencebetweentotalbenefitandtotalcost.
Answer:
B
Topic:
MarginalBenefit
Skill:
Recognition
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
7）Janeiswillingtopay$50forapairofshoes.Theactualpriceoftheshoesis$30.Hermarginalbenefitis
A）$50.
B）$30.
C）$20.
D）$80.
Answer:
A
Topic:
MarginalBenefit
Skill:
Analytical
Questionhistory:
Previousedition,Chapter5
AACSB:
ReflectiveThinking
ThetablebelowshowsthedemandschedulesforpizzaforAbbyandBarrywhoaretheonlybuyersinthemarket.
Price
（dollarsperslice）
Abby'squantitydemanded
（slicespermonth）
Barry'squantitydemanded
（slicespermonth）
2.50
25
50
3.00
20
40
3.50
15
30
4.00
10
20
4.50
5
10
5.00
0
0
8）Basedonthetable,whatisAbby'smarginalbenefitfromthe10thsliceofpizza?
A）$4
B）$13
C）$0.50
D）$40
Answer:
A
Topic:
MarginalBenefit
Skill:
Analytical
Questionhistory:
Previousedition,Chapter5
AACSB:
AnalyticalSkills
9）Basedonthetable,whatisBarry'smarginalbenefitfromthe40thsliceofpizza?
A）$3
B）$5.50
C）$0.50
D）$12
Answer:
A
Topic:
MarginalBenefit
Skill:
Analytical
Questionhistory:
Previousedition,Chapter5
AACSB:
AnalyticalSkills
10）Basedonthetable,whatisthemarginalsocialbenefitfromthe45thsliceofpizza?
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