câu hỏi đánh giá môn kinh tế vĩ mô bằng tiếng anh chương 4

Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 4 docx

Ngày tải lên : 26/01/2014, 00:20

... Arc elasticity estimates the elasticity over a range of prices. ¶ Chapter 4: Individual and Market Demand 41 CHAPTER 4 INDIVIDUAL AND MARKET DEMAND QUESTIONS FOR REVIEW 1. Explain the difference ... 1.5 lines Formatted: Font: Times New Roman Formatted: Font: Times New Roman, 12 pt Chapter 4: Individual and Market Demand 44 economics, and the economics class can motivate mathematics. If the classes ... curve to shift out. The equilibrium quantity and price will increase. Chapter 4: Individual and Market Demand 49 individual prefers to be different from other individuals. As more people adopt...

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Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 14

Ngày tải lên : 17/10/2013, 16:15

... complementary. This will also reduce the demand for labor. Chapter 14: Markets for Factor Inputs 232 CHAPTER 14 MARKETS FOR FACTOR INPUTS REVIEW QUESTIONS 1. Why is a firm’s demand ... longer hours: the substitution effect. Because the two effects work in Chapter 14: Markets for Factor Inputs 2 34 the high demand for rock music, the wage will be very high and there will be ... finds that the average worker can produce 50 cookies per day, the cost of the average worker is $ 64 per day, and the price of a cookie is $1. Is the cookie company maximizing its profit? Explain....

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Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 16

Ngày tải lên : 20/10/2013, 04:15

... the cost of producing the other output is increased. Suppose the MRT is 4 in absolute value terms, then we must give up 4 units of the output on the vertical axis to get one more unit of output ... the total cost of producing the 4 units is the same as the total cost of producing the one unit, or that the marginal cost of the good on the horizontal axis is 4 times the marginal cost of the ... only have a comparative advantage in the production of some goods. Suppose Country A requires 4 units of labor to produce good 1 and 8 units of labor to produce good 2, whereas Country B requires...

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Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 18

Ngày tải lên : 20/10/2013, 04:15

... produced from the point of view of society as a whole. Chapter 18: Externalities and Public Goods 2 84 12. Public television is funded in part by private donations, even though anyone with a television ... government intervention, including the expected cost of choosing the wrong policy instrument. 4. Consider a market in which a firm has monopoly power. Suppose in addition that the firm produces...

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Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 13

Ngày tải lên : 24/10/2013, 02:15

... function: P = 20 - 4 - 4 = $12. The profits for each firm are equal to total revenue minus total costs: π D = (4) (12) - (10 + (8) (4) ) = $6 and π O = (4) (12) - (10 + (8) (4) ) = $6. Therefore, ... is (0.5)(20 - 14) (6) = $18. Social welfare is the sum of consumer surplus plus profits, or 18 + 26 = $44 . With entry, social welfare is $32 (consumer surplus) plus $12 (industry profit), or $44 . Social ... solving for Q D : Q D = 6 - (0.5)(6 - 0.5Q D ) = 4. Substituting into Defendo’s reaction function and solving for Q O : Q O = 6 - (0.5) (4) = 4. Total industry output is therefore equal to 8....

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 1 pptx

Ngày tải lên : 20/01/2014, 20:20

... For 1996, we have 40 /1 or 40 cents, and for 1999, we have 22/1.1 or 20 cents. The real price therefore fell from 40 to 20 cents, a 50% decline. 4. 13− 4. 07 4. 07 = 0.0 147 , or about 1.5%. ... The price of long-distance telephone service fell from 40 cents per minute in 1996 to 22 cents per minute in 1999, a 45 -percent (18 cents /40 cents) decrease. The Consumer Price Index increased ... education has increased? How have these changes affected consumer choices? Chapter 1: Preliminaries 4 The price and quantity of goods (e.g., eggs) and services (e.g., a college education) are determined...

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 2 pdf

Ngày tải lên : 20/01/2014, 20:20

... the new quantity supplied will be 140 percent of the old quantity supplied at every price. The new supply curve is therefore Q’ = 1 .4* ( -4. 5+16P) = -6.3+22.4P. To find the new equilibrium price ... shift to the right by 40 percent. How will the price of copper change? 10 Chapter 2: The Basics of Supply and Demand 11 If the supply curve shifts to the right by 40 % then the new quantity ... at the price of $2.00. Q=10- 2(2)+2=8. Price elasticity of demand = P Q Δ Q ΔP = 2 8 (−2) =− 4 8 =−0.5. Cross-price elasticity of demand = P s Q Δ Q ΔP s = 2 8 (1) = 0.25. 12. Suppose that...

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 3 pdf

Ngày tải lên : 20/01/2014, 20:20

... defines his MRS. His MRS is 4 so this means that the marginal utility of a basketball game is 4 and the marginal utility of a movie is 1: MRS = 4 =− M U ball MU movie =− 4 1 . Now the marginal ... preferences, Bill is willing to trade 4 movie tickets for 1 ticket to a basketball game. If movie tickets cost $8 each and a ticket to the basketball game costs $40 , should Bill make the trade? Why ... =− M U ball MU movie =− 4 1 . Now the marginal utility per dollar can be computed: M U ball P ball = 4 40 = 1 10 MU movie P movie = 1 8 . 12. Describe the equal marginal principle. Explain why this...

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 5 pptx

Ngày tải lên : 26/01/2014, 00:20

... risk averse he may choose fund A even if it subject to more variability in its expected return. 4. What does it mean for consumers to maximize expected utility? Can you think of a case where ... the payoff is the loss of the consumer’s life. Chapter 5: Uncertainty and Consumer Behavior 64 CHAPTER 5 UNCERTAINTY AND CONSUMER BEHAVIOR QUESTIONS FOR REVIEW 1. What does it mean to say...

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 6 doc

Ngày tải lên : 26/01/2014, 00:20

... the other and still maintain the same level of output. For example, the firm may require exactly 4 units of capital for each unit of labor, in which case one input cannot be substituted for the ... employees must share the computers, the marginal product of each additional employee will diminish. 4. You are an employer seeking to fill a vacant position on an assembly line. Are you more concerned ... production, the firm will be so large that when inputs are doubled, output Chapter 6: Production 74 CHAPTER 6 PRODUCTION QUESTIONS FOR REVIEW 1. What is a production function? How does a long-run...

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 7 docx

Ngày tải lên : 26/01/2014, 00:20

... child or elderly person at home, which would have had a value to those receiving the service. 4. Suppose that labor is the only variable input to the production process. If the marginal cost ... average variable cost is increasing or decreasing? Explain. Chapter 7: The Costs of Production 84 CHAPTER 7 THE COST OF PRODUCTION QUESTIONS FOR REVIEW 1. A firm pays its accountant an annual ... scale and economies of scope, so production can exhibit one without the other. See Exercise ( 14) for a case with constant product-specific returns to scale and multiproduct economies of scope....

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 8 doc

Ngày tải lên : 26/01/2014, 00:20

... Chapter 8: Profit Maximization and Competitive Supply 1 04 revenue minus other costs is just equal to what could be earned elsewhere, then the owner is ... firms to enter tobacco production, and the supply curve for the industry shifts out to the right 14. A certain brand of vacuum cleaners can be purchased from several local stores as well as from ... Entry will stop, and equilibrium will be achieved, when economic profits have fallen to zero. 4. What is the difference between economic profit and producer surplus? While economic profit is...

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 9 pptx

Ngày tải lên : 26/01/2014, 00:20

... relatively inelastic) consumers in the aggregate will enjoy an increase in consumer surplus. 4. Suppose the government regulates the price of a good to be no lower than some minimum level....

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 10 pptx

Ngày tải lên : 26/01/2014, 00:20

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 11 docx

Ngày tải lên : 26/01/2014, 00:20

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Tài liệu Câu hỏi đánh giá môn Kinh tế vĩ mô bằng tiếng Anh- Chương 12 pdf

Ngày tải lên : 26/01/2014, 00:20

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Tài liệu Bài tập về Kinh tế vĩ mô bằng tiếng Anh - Chương 4: Cá nhân và nhu cầu thị trường doc

Ngày tải lên : 23/12/2013, 14:15

... Barb Sam Barb Price of G Price of L L(hours) L(hours) G($) G($) 1 8 16 14 64 80 1 9 15 14 81 90 1 10 14 15 100 90 1 11 14 16 110 88 Formatted: Space Before: 1.2 line, After: 1.2 line, Line ... below. Chapter 4: Individual and Market Demand 49 changes and utility is kept at the same level, Jane will choose the same point (12, 24) . The income effect causes her to buy 4 more units of ... Q=1200 elasticity= P Q ΔQ ΔP = 40 (45 ) 1200 =−1.5. P=30 and Q=1800 elasticity== P Q ΔQ ΔP = 40 (30) 1800 =−0.67. P=37.5 and Q=1500 elasticity== P Q ΔQ ΔP = 40 (37.5) 1500 =−1. Given...

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Tài liệu Tài liệu trung cấp môn Kinh tế vi mô bằng tiếng Anh - Phần 4 doc

Ngày tải lên : 26/01/2014, 00:20

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Tài liệu trung cấp môn Kinh tế vi mô bằng tiếng Anh - Phần 8

Ngày tải lên : 17/10/2013, 16:15

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Tài liệu trung cấp môn Kinh tế vi mô bằng tiếng Anh - Phần 9

Ngày tải lên : 20/10/2013, 03:15

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