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- 1. Price(dollars per slice) Fred's quantity supplied (slices per month) Johnny's quantity supplied (slices per month) 1.50 0 0 2.00 100 150 2.50 200 300 3.00 300 450 3.50 400 600 4.00 500 750 Using the table, what is the minimum prices that Fred is willing to accept to supply 400 slices of pizza per month? 选项： A、 $3.50 B、 $2.50 C、 $3 D、 $4
- 2.If the price of a slice of pizza rises from $2.50 to $3, and quantity demanded falls from 10,000 slices to 7,400 slices, using the formula for arc price elasticity, what is the percentage change in price and the arc price elasticity.
- 3.Suppose that the quantity of pizza demanded decreased by 15 percent after an increase in price of 10 percent. What is the price elasticity of demand for pizza? (假设要求的比萨数量在价格上涨10%后下降了15%。披萨需求的价格弹性是多少?——中文由在线翻译而来,仅供参考) 选项： A、1.50.1.50。 B、0.67.0.67。 C、-1.50.-1.50。 D、-0.67.-0.67。
- 4.4. Alyssa rents 5 movies per month when the price is $3.00 per rental and 7 movies per month when the price is $2.50 per rental. Alyssa’s demand demonstrates the law of选项： A: price.; B: supply.; C: demand.; D:expectations.
- 5.Based on the table, what is Abby's marginal benefit from the 10th slice of pizza? (从表中可以看出,第十片比萨饼是什么?——中文由在线翻译而来,仅供参考) 选项： A、$4$ 4 B、$13$ 13 C、$0.50$ 0.50 D、$40$ 40
- 6.The figure above shows the market for milk. The ________ price that producers must be offered to get them to produce 250 gallons of milk per day is ________. 选项： A、maximum; $3.25 B、 minimum; $3.25 C、 maximum; $2.50 D、 minimum; $2.50
- 7. Based on the table, what is the marginal social benefit from the 45th slice of pizza? 选项： A、 $3.50 B、 $3.25 C、 $0.50 D、 $9
- 8.Susan thinks the only fair outcome is one in which she has three slices of pizza a week. Susan is using a(n) ________ concept of fairness. (苏珊认为唯一公平的结果是她每周吃三片披萨。苏珊正在使用(n) _ _ _ _ _ _ _ _的公平概念。——中文由在线翻译而来,仅供参考) 选项： A、it's not fair if the result isn't fair如果结果不是,它不公平 B、it's not fair if the rules aren't fair它不公平,如果规则没有 C、ig tradeoff大 D、Novak principle诺瓦克
- 9.A minimum wage is a government-imposed price ________ that is designed to be ________ the equilibrium wage rate. (最低工资是政府强制的价格 _ _ _ _ _ _ _ _,设计为 _ _ _ _ _ _ _ _ _均衡工资率。——中文由在线翻译而来,仅供参考) 选项： A、ceiling; above天花板;以上 B、ceiling; below天花板;下面 C、floor; above地板;以上 D、floor; below地板;下面
- 10.Which one of the following prices is correctly expressed?选项： A:RMB3. 50 CIF Hong Kong B:USD3.50 per piece CIF C:RMB3. 50 per piece CIFC London D:USD3.50 per piece CIFC2 London
- 11.If the marginal cost of producing every quantity decreases, all the following occur EXCEPT ________. (如果产生每个数量的边际成本降低,则出现以下所有情况: EXCEPT _ _ _ _ _ _ _ _。——中文由在线翻译而来,仅供参考) 选项： A、minimum supply price does not change最低供应价格不变 B、the marginal social benefit of the last unit bought changes最后一个单位的边际社会福利收入变化 C、the consumer surplus increases消费者剩余增加 D、the efficient quantity increases有效的数量增加
- 12.Outlawing the sale of a good shifts the supply curve (非法销售商品转移供给曲线——中文由在线翻译而来,仅供参考) 选项： A、leftward and lowers the price.左右降价。 B、leftward and raises the price.向左并提价。 C、ightward and lowers the price.向右,降价。 D、ightward and raises the price.向右并提价。
- 13.When a government fines and/or imprisons persons convicted of using illegal drugs, the government is attempting to decrease the illegal drug trade by shifting the ________ curve for illegal drugs ________. (当政府罚款和/或监禁有人使用非法药物时,政府正在试图通过转移非法药物 _ _ _ _ _ _ _ _曲线来减少非法药物贸易_ _ _ _ _ _ _ _。——中文由在线翻译而来,仅供参考) 选项： A、demand; rightward需求;向右 B、demand; leftward需求;向左 C、supply; rightward供应;向右 D、supply; leftward供应;向左
- 14. In the loanable funds market, an increase in wealth shifts the ________ loanable funds curve ________. (在可贷资金市场中，财富的增加转移了 _ _ _ _ _ _ _ _可贷资金曲线 _ _ _ _ _ _ _ _。——中文由在线翻译而来，仅供参考) 选项： A、 supply of; rightward供应;向右 B、 supply of; leftward供应;向左 C、 demand for; rightward需求;向右 D、 demand for; leftward需求;向左
- 15. AB Corporation’s equity section shows the following information:;Capital stock, $2.50 par value, 4,000 shares issued $ 10,000;Additional paid-in capital is $ 40,000;The price of the company’s share is currently $14 per share. This means that the original investors paid 选项： A、 The selling price of the capital stock cannot be determined from the information given. B、 $12.50 per share. C、 $11.50 per share. D、 $2.50 per share. E、 $14.00 per share.
- 16.The figure above shows the market for milk. When the efficient quantity of milk is produced, the marginal social cost of the last gallon is 选项： A、$3.50. B、 $3.00. C、 $2.50. D、 $2.00.
- 17.据国际货币基金组织的预测，2010—2014年世界经济的年均增长率为（ ）。 选项： A:3.50% B:4.20% C:2.50% D:5%
