1 广东商学院试题纸 200 –200 学年第 学期 A 卷 课程：微观经济学 班级： 共---4--页 I. Concepts (30 points, 3 points each) (1) Efficiency (2) Opportunity cost (3) Productivity (4) Comparative advantage (5) Equilibrium (6) Elasticity (7) Consumer surplus (8) Externality (9) Price discrimination (10) Prisoners’ dilemma II. Multiple Choices (20 points, 2 points each) (1). Economics is defined as a. the study of business. b. the study of how society manages its scarce resources. c. the study of central planning. d. the study of government regulation. (2). Which is the most accurate statement about trade? a. Trade makes some nations better off and others worse off. b. Trade can make every nation better off. c. Trading for a good can make a nation better off only if the nation cannot produce that good. d. Trade helps rich nations and hurts poor nations. (3). Which of the following is the best statement about markets? a. Markets are usually a good way to organize economic activity. b. Markets are usually inferior to central planning as a way to organize economic activity. c. Markets are flawed and are therefore not an acceptable way to organize 微 观 经 济 学 试 题 1-A卷 --第 1页微 观 经 济 学 试 题 1-A卷 --第 1页 2 economic activity. d. Markets are a good way to organize economic activity in developed nations, but not in less-developed nations. (4). The term market failure refers to a. a firm which is forced out of business because of losses. b. an unsuccessful advertising campaign. c. a situation in which competition among firms becomes ruthless. d. a situation in which the market on its own fails to allocate resources efficiently. (5). Which of the following is the most accurate statemen...
