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____________ is the amount of one commodity that a nation must give up to produce each additional unit of another.（）
选项：

A:marginal rate of return
B:production frontier
C:marginal cost
D:marginal rate of transformation (MRT)

发布时间：2024-04-22 19:52:44

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1.____________ is the amount of one commodity that a nation must give up to produce each additional unit of another.（）选项： A:marginal cost B:marginal rate of transformation (MRT) C:production frontier D:marginal rate of return
2.The marginal rate of transformation (MRT) of X for Y refers to: 选项： A: the amount of Y that a nation must give up to produce each additional unit of X B:the opportunity cost of X C:the absolute slope of the production frontier at the point of production D:all of the above
3.2.The marginal rate of transformation (MRT) of X for Y refers to: 选项： A:A.the amount of Y that a nation must give up to produce each additional unit of X B:B.the opportunity cost of X C:C.the absolute slope of the production frontier at the point of production D:D.all of the above
4.What is another name for the opportunity cost of a commodity?（）选项： A:marginal rate of return B:marginal rate of substitution (MRS) C:revealed comparative advantage D:marginal rate of transformation (MRT)
5.What is another name for the opportunity cost of a commodity?（）选项： A:marginal rate of substitution (MRS) B:marginal rate of transformation (MRT) C:revealed comparative advantage D:marginal rate of return
6._______________ cause a nation to give up more and more of one commodity in order to produce each additional unit of another.（）选项： A、Increasing opportunity costs B、Costs of production C、Constant opportunity costs D、Decreasing opportunity costs
7._______________ cause a nation to give up more and more of one commodity in order to produce each additional unit of another.（）选项： A:Increasing opportunity costs B:Decreasing opportunity costs C:Constant opportunity costs D:Costs of production
8.When a nation requires fewer resources than another nation to produce a product, the nation is said to have a: 选项： A、Absolute advantage in the production of the product B、Comparative advantage in the production of the product C、Lower marginal rate of transformation for the product D、Lower opportunity cost of producing the product
9.When a nation reguires fewer resources than another nation to produce a productthe nation is said to ha ve a: 选项： A、Absolute advantage in the production of the product B、Comparative advantage in the production of the product C、Lower marginal rate of transformation for the product D、Lower opportunity cost of producing the product
10.In an economy consisting of only two goods, corn and cloth, the amount ofExtra cloth that can be produced efficiently if corn output is reduced by one unit is equal to 选项： A: the rate of technical substitution for corn divided by the rate of technical substitution for cloth. B: the rate of technical substitution for cloth divided by the rate of technical substitution for corn. C: the marginal cost of producing cloth divided by the marginal cost of producing corn. D: the marginal cost of producing corn divided by the marginal cost of producing cloth.
11.The marginal rate of transformation of y for x represents选项： A:the slope of the budget constraint.; B:the rate at which the consumer must give up y to get one more x.; C: -Px/Py. ; D:All of the above.
12.The marginal rate of transformation of y for x represents 选项： A、the slope of the budget constraint. B、the rate at which the consumer must give up y to get one more x. C、-Px/Py. D、All of the above.
13.Which of the following statements are correct?选项： A:Where marginal cost is more than marginal revenue, an organisation can increase profits by selling more units. B:Where marginal cost is more than marginal revenue, each additional unit sold incurs a loss for the organisation. C:Where marginal cost is less than marginal revenue, each additional unit sold incurs a loss for the organisation. D:Where marginal cost is less than marginal revenue, an organisation can increase profits by selling more units.
14.Which of the following statements are correct?选项： A:Where marginal cost is less than marginal revenue, an organisation can increase profits by selling more units. B:Where marginal cost is more than marginal revenue, an organisation can increase profits by selling more units. C:Where marginal cost is less than marginal revenue, each additional unit sold incurs a loss for the organisation. D:Where marginal cost is more than marginal revenue, each additional unit sold incurs a loss for the organisation.
15.The marginal rate of substitution between two goods equals ( ) 选项： A、 the marginal utility of one divided by the marginal utility of the other. B、 the marginal utility of one times the marginal utility of the other. C、 the marginal cost of one times the marginal cost of the other. D、 the price of one good divided by the price of the other.
16.The rate at which one input can be reduced per additional unit of the other input, while holding output constant, is measured by the: 选项： A:marginal rate of substitution. B:marginal rate of technical substitution. C:slope of the isocost curve. D:average product of the input.
17.A logarithmic variable cost function implies that: 选项： A:marginal cost is increasing at a decreasing rate. B:marginal cost is increasing at an increasing rate. C:marginal cost is constant. D:marginal cost is decreasing as quantity increases.
18.The extra cost that results from carrying out one additional unit of an activity is the ________ of the activity.选项： A:opportunity cost; B:reservation cost; C:marginal cost; D:marginal benefit
19.The opportunity cost of obtaining more of one good is shown on the production possibilities frontier as the选项： A:amount of the other good that must be given up.; B:market price of the additional amount produced.; C:amount of resources that must be devoted to its production.; D:number of dollars that must be spent to produce it.
20.A firm wants to minimize the total cost of producing 100 tons of dynamite. The firm uses two factors of production, chemicals and labor. The combination of chemicals and labor that minimizes production costs will be found where: 选项： A:the marginal products of chemicals and labor are equal. B:the ratio of the amount of chemicals used to the amount of labor used equals the ratio of the marginal product of chemicals to the marginal product of labor. C:the ratio of the amount of chemicals used to the amount of labor used equals the ratio of the price of chemicals to the wage rate. D:the production of an additional unit of dynamite costs the same regardless of whether chemicals or labor are used. E:none of the above

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____________ is the amount of one commodity that a nation must give up to produce each additional unit of another.（ ） 选项： A:marginal rate of return B:production frontier C:marginal cost D:marginal rate of transformation (MRT)

____________ is the amount of one commodity that a nation must give up to produce each additional unit of another.（）
选项：

A:marginal rate of return
B:production frontier
C:marginal cost
D:marginal rate of transformation (MRT)