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中国大学MOOC微观经济学

201Moe divides his time between studying Physics and studying Economics His production possibilities curve for his final grade in each class is shown belowThe Principle of Increasing Opportunity Cost is reflected in the fact that the opportunity cost going
202Moe divides his time between studying Physics and studying Economics His production possibilities curve for his final grade in each class is shown belowMoe needs to earn at least an 80 in both economics and physics to keep his scholarship Given his cur
203Refer to the figure below For the nation whose PPC is shown, it must be true that:
204Refer to the figure below At point D, the opportunity cost of making milk is:
205Refer to the figure below This economy would be operating at point B if:
206Refer to the figure below If this economy were currently operating at point D, then in order to make more movies:
207The figure below shows Avery’s weekly production possibilities curve for scarves For Avery, the opportunity cost of making a red scarf is:
208The figure below shows Avery’s weekly production possibilities curve for scarvesAvery’s PPC would shift outward if she:
209Economic growth can result from a(n):
210Which of the following is NOT a reason why there are gains to specialization?
211An increase in an economy’s productive resources will lead the production possibilities curve to:
212Suppose that Nepal invests less in new factories and equipment than does the United States This will likely cause:
213If a nation restricts imports, it will:
214Regarding specialization, it is generally true that:
215You are the Minister of Trade for a small island country with the following annual PPC You are negotiating a trade agreement with a neighboring island with the following annual PPC As soon as you see the other island’s PPC, you realize there are:
216You are the Minister of Trade for a small island country with the following annual PPC You are negotiating a trade agreement with a neighboring island with the following annual PPC If the other island’s delegate offers to give you 2 fish for every 1 coc
217You are the Minister of Trade for a small island country with the following annual PPC You are negotiating a trade agreement with a neighboring island with the following annual PPC What’s the minimum number of fish you would be willing to accept in exch
218You are the Minister of Trade for a small island country with the following annual PPC You are negotiating a trade agreement with a neighboring island with the following annual PPC If you offer to give the other island 1 coconut for every 4 fish they gi
219If country A can produce more of practically everything than can country B, then which of the following statements is true?
220As the differences in opportunity costs between the US and its trading partners increase, the potential gains from specialization and trade __
221One reason there is political opposition to international trade is that:
222One concern regarding the North American Free Trade Agreement (NAFT was that it would lead:
223When a nation reduces the barriers to international trade:
224The benefits to specialization are even greater when two trading partners have:
225According to the textbook, the evidence indicates that NAFTA has:
226According to the textbook, NAFTA was expected to help which country exploit its comparative advantage in the production of goods made by unskilled labor?
227Outsourcing is a term increasingly used to refer to the act of:
228The fundamental reason firms outsource is that:
229When a US firm engages in outsourcing, it benefits _ and harms _
230All else equal, the jobs that are the least likely to be outsourced are those that:
231Which of the following jobs is least likely to be outsourced?
232An individual has an absolute advantage in producing pizzas if that individual:
233If Al has an absolute advantage over Beth in preparing meals, then:
234If Les can produce two pairs of pants per hour while Eva can produce one pair per hour, then it must be true that:
235If a nation can produce a more computers per year than any other nation, that nation has a(n advantage in the production of computers
236If you have a comparative advantage in a particular task, then:
237Larry has a comparative advantage over his classmates in writing term papers if he:
238If a nation has the lowest opportunity cost of producing a good, that nation has a(n in the production of that good
239If Jane can produce 3 pairs of shoes per hour, while Bob can produce 2, then __ has a(n advantage in producing shoes
240Refer to the table below According to the table, Martha has the absolute advantage in:
241Refer to the table below According to the table, Julia has the absolute advantage in:
242Refer to the table below Martha’s opportunity cost of making of a pie is:
243Refer to the table below Martha’s opportunity cost of making a cake is:
244Refer to the table below Julia’s opportunity cost of making a pie is:
245Refer to the table below Julia’s opportunity cost of making a cake is:
246Refer to the table below _ has the comparative advantage in making pies and _ the comparative advantage in making cakes
247Refer to the table below Based on their comparative advantage, Martha should specialize in __ while Julia should specialize in _
248Suppose it takes Dan 5 minutes to make a sandwich and 15 minutes to make a smoothie, and it takes Tracy 6 minutes to make a sandwich and 12 minutes to make a smoothie What is the opportunity cost to Dan of making a sandwich?
249Suppose it takes Dan 5 minutes to make a sandwich and 15 minutes to make a smoothie, and it takes Tracy 6 minutes to make a sandwich and 12 minutes to make a smoothie Which of the following statements is correct?
250Suppose it takes Paul 3 hours to bake a cake and 2 hours to move the lawn, and suppose it takes Tom 2 hours to bake a cake and 1 hour to mow the lawn Which of the following statements is correct?
251Suppose Cathy and Lewis work in a bakery making pies and cakes Suppose it takes Cathy 15 hours to make a pie and 1 hour to make a cake, and suppose it takes Lewis 2 hours to make a pie and 15 hours to make a cake Which of the following statements is c
252Suppose Cathy and Lewis work in a bakery making pies and cakes Suppose it takes Cathy 15 hours to make a pie and 1 hour to make a cake, and suppose it takes Lewis 2 hours to make a pie and 15 hours to make a cake What is the opportunity cost to Cathy
253According to Table 02-01, Corey has the absolute advantage in:
254According to Table 02-01, Pat has the absolute advantage in:
255According to Table 02-01, Corey’s opportunity cost of making of a pizza is delivering:
256According to Table 02-01, Corey’s opportunity cost of delivering of a pizza is making:
257According to Table 02-01, Pat’s opportunity cost of making a pizza is delivering:
258According to Table 02-01, Pat’s opportunity cost of delivering a pizza is making:
259Refer to Table 02-01 _ has the comparative advantage in making pizza, and _ has the comparative advantage in delivering pizza
260Refer to Table 02-01 Based on their comparative advantages, Pat should specialize in _, and Corey should specialize in _
261Lou and Alex live together and share household chores They like to cook some meals ahead of time and eat leftovers The table below shows the number of rooms they can each clean and the number of meals they can each cook in an hour Which of the followin
262Lou and Alex live together and share household chores They like to cook some meals ahead of time and eat leftovers The table below shows the number of rooms they can each clean and the number of meals they can each cook in an hour If Alex and Lou work
263Lou and Alex live together and share household chores They like to cook some meals ahead of time and eat leftovers The table below shows the number of rooms they can each clean and the number of meals they can each cook in an hour For Alex, the opportu
264Dent ‘n’ Scratch Used Cars and Trucks employs 3 salesmen Data for their sales last month are shown in this table:Based on last month’s data, _ has an absolute advantage in selling cars and _ has an absolute advantage in selling trucks
265Refer to the figure above The equilibrium price in this market is:
266An increase in the demand for GM automobiles results in:
267Which of the following is NOT a determinant of demand for gasoline?
268When the supply of a good decreases, consumers will eventually:
269In general, when the supply curve shifts to the left and demand is constant then:
270Refer to the figure above If supply were to shift to the left, and demand were to also shift to the left, in the new equilibrium:
271Refer to the figure above Suppose supply increases substantially Then:
272Refer to the figure above Suppose that only demand has suddenly shifted to the left To restore equilibrium, this market will have an immediate:
273In general, when the demand curve shifts to the right and supply remains constant then:
274Suppose that the equilibrium price of rice falls and the equilibrium quantity falls Which of the following best fits the observed data?
275Suppose that the equilibrium price of DVD players increases and the equilibrium quantity increases Which of the following best fits the observed data?
276Suppose that the equilibrium price of T-shirts increases and the equilibrium quantity falls Which of the following best fits the observed data?
277Suppose that the equilibrium price of apples falls and the equilibrium quantity increases Which of the following best fits the observed data?
278Refer to the figure above Assume demand remains unchanged at D1 If supply shifts from S1 to S2, then the equilibrium price will _ and the equilibrium quantity will _
279Refer to the figure above Assume demand remains unchanged at D1 If supply shifts from S2 to S1, then the equilibrium price will _ and the equilibrium quantity will _
280Refer to the figure above If demand were to shift from D1 to D2 at the same time supply were to shift from S1 to S2:
281If a market is in equilibrium and demand increases while supply decreases, the change in the equilibrium price is _ and the change in the equilibrium quantity is _
282If both supply and demand increase simultaneously, the new equilibrium price is _ and the new equilibrium quantity is _
283If both supply and demand decrease simultaneously, the new equilibrium price is _ and the new equilibrium quantity is _
284If supply decreases while demand increases simultaneously, the new equilibrium price is _ and the new equilibrium quantity is _
285Suppose that both the equilibrium price and quantity of ketchup fall The most consistent explanation for these observations is:
286Suppose that the equilibrium price of pickles falls while the equilibrium quantity rises The most consistent explanation for these observations is:
287Suppose that the equilibrium price of French fries rises while the equilibrium quantity falls The most consistent explanation for these observations is:
288Assume the demand for coffee increases while the supply decreases Which of the following outcomes is certain to occur?
289Assume the demand for sugar decreases while the supply of sugar increases Which of the following outcomes is certain to occur?
290Assume both the demand and the supply of beef decrease Which of the following outcomes is certain to occur?
291Assume both the demand and the supply of bagels increase Which of the following outcomes is certain to occur?
292Refer to the figure above Assume the market is originally at point W Movement to point Y is a combination of:
293Refer to the figure above Assume the market is originally at point W Movement to point Z is a combination of:
294Suppose that both supply and demand for iPads decrease One can predict that the:
295An outcome is socially optimal if it:
296Efficiency occurs when:
297Efficiency is an important goal in economics because it:
298Assume that Joe is willing to produce another hamburger that costs $1 to make Mary is hungry and is willing to buy a hamburger for $3 According to the No Cash on the Table Principle, Joe and Mary:
299When two people agree to a price in a negotiation, we can assume that:
300If, in a particular market, all unexploited opportunities have been realized, one can conclude that:
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