微观经济学1.WhichofthefollowingisNOTafactorofproduction?A)thewaterusedtocoolanuclearpowerplant.B)theeffortoffarmersraisingcattle.C)thewagespaidtoworkers.D)themanagementskillofasmallbusinessowner.2.Whichofth
微观经济学
1.WhichofthefollowingisNOTafactorofproduction?
A)thewaterusedtocoolanuclearpowerplant.
B)theeffortoffarmersraisingcattle.
C)thewagespaidtoworkers.
D)themanagementskillofasmallbusinessowner.
2.Whichofthefollowingisapositivestatement?
A)Thegovernmentmustlowerthepriceofapizzasothatmorestudentscanaffordtobuyit.
B)Thebestleveloftaxationiszeropercentbecausethenpeoplegettokeepeverythingtheyearn.
C)Myeconomicsclassshouldlastfortwotermsbecauseitismyfavoriteclass.
D)Anincreaseintuitionwillcausefewerstudentstoapplytocollege.
3.Supposethatforthepasttwomonths,youhavestudiedeconomicsonehouraday.Younowdecidetostudyeconomicstwohoursaday.Forthepasttwomonths,____.
A)yourmarginalcostofstudyingeconomicsforanhourmusthaveexceededitsmarginalbenefit
B)themarginalcostofstudyingeconomicsmusthavefallen
C)yourmarginalbenefitfromstudyingeconomicsanhourmusthavebeengreaterthanitsmarginalcost
D)theopportunitycostofstudyingeconomicsmusthaverisen.