BRIG. JEN. DATUK PROF. DR. KAMARUDIN HUSSIN
NAIB CANSELOR UNIVERSITI MALAYSIA PERLIS
PADA MAJLIS PERASMIAN PENUTUP DAN PENYAMPAIAN HADIAH
SEMPENA PROGRAM LARIAN UTARA DAN AUTISME CHARITY WALK
21 SEPTEMBER 2014
KOMPLEKS SUKAN SYED SIRAJUDDIN
TEKS UCAPAN ALU-ALUAN
NAIB CANSELOR UNIVERSITI MALAYSIA SABAH
Y.BHG. BRIG. JENERAL PROFESOR DATUK SERI PANGLIMA DR.
KAMARUZAMAN HJ. AMPON
SEMPENA MAJLIS PERASMIAN PROJEK LESTARI PENDIDIKAN
KOMUNITI LUAR BANDAR
DI SMK LIMBANAK PADA 06 NOVEMBER 20
The Theory of Consumer Choice
1. Consider two goods, pizza and Pepsi. The slope of the consumers
budget constraint is measured by the
a.consumers income divided by the price of Pepsi.
b.relative price of pizza and Pepsi.
Firms in Competitive Markets
1. A market is competitive if
(i) firms have the flexibility to price their own product.
(ii) each buyer is small compared to the market.
each seller is small compared to the market.
1. Which of the following statements is correct?
a.A competitive firm is a price maker and a monopoly is a price
b.A competitive firm is a price taker and a monopoly is a price
c. Both competitive firms an
Economics 2010 Microeconomics
Practice Exam 3
Dr. Goodman Sections 007 012
When a tax is levied on a good
a.neither buyers nor sellers are worse off.
b.sellers are worse off but not buyers.
c. buyers are worse off but not sellers.
d.both buyers and se
1. Markets with only a few sellers, each offering a product similar or
identical to the others, are typically referred to as
c. monopolistically competitive markets.
1. Monopolistic competition is characterized by which of the
(i) free entry
(ii) product differentiation
a.(i) and (iii) only
b.(i) and (ii) only
c. (ii) and (iii
Supply, Demand, and Government Policies
1. Price controls are
a.used to make markets more efficient.
b.usually enacted when policymakers believe that the market
price of a good or service is unfair to buyers or sellers.
Applications: The Costs of Taxation
1. In 1776, the American Revolution was sparked by anger over
a.the extravagant lifestyle of British royalty.
b.the crimes of British soldiers stationed in the American
c. British tax
The Costs of Production
1. According to the law of supply,
a.firms production levels are not correlated with the price of a
b.the supply curve slopes downward.
c. firms are willing to produce a greater quantity of a good w
Chapter 9/Application: International Trade 247
Consumers, Producers, and the Efficiency of Markets
1. Welfare economics is the study of
a.the well-being of less fortunate people.
b.welfare programs in the United States.
c. the effect of income redistribution on work effort.
Thinking Like an Economist
Which is the best statement about the way economists study the economy?
a. They study the past, but do not try to predict the future.
b. They use a probabilistic approach based on correlations betwee
Interdependence and the Gains from Trade
People who provide you with goods and services
a. are acting out of generosity.
b. are acting because they like you.
c. do so because they get something in return.
d. are required to do
Elasticity and Its Applications
In general, elasticity is
a. the friction that develops between buyers and sellers in a market.
b. a measure of how much government intervention is prevalent in a market.
c. a measure of how com
The Market Forces of Supply and Demand
The forces that make market economies work are
a. price and quantity.
b. demand and supply.
c. the Senate and House of Representatives.
d. the Constitution and the Bill of Rights.
Ten Principles of Economics
The word that comes from the Greek word for one who manages a
TYPE: M SECTION: 1 DIFFICULTY: 1
The word economy co
Chapter Extension 4: Database Design
1) Which of the following is true of a data model?
A) It is created after the database is designed.
B) It is an attribute whose value is associated with only one entity instance.
C) It is a logical representation of th
Chapter 10: Information Systems Development
1) The process of creating and maintaining information systems is
A) systems development
B) program development
C) systems definition
D) computer design
Page Ref: 255
Chapter Extension 12: Database Marketing
1) Which of the following marketing techniques refers to the application of
business intelligence systems to the planning and execution of marketing
A) ambush marketing
B) viral marketing
Chapter 12: Information Security Management
1) An employee carelessly releases proprietary data to the media. This is a case of
A) loss of infrastructure resulting from human error
B) unauthorized data disclosure resulting from human er
Chapter Extension 11: Hyper-Social Organizations and Knowledge Management
1) Which of the following is true of hyper-social organizations?
A) Using social media in an old-style, organization-centric manner is highly
B) Rather than creating rela
Chapter Extension 15: Systems Development Project Management
1) Systems development projects require the balancing of three critical drivers:
requirements, cost, and _.
Page Ref: 561
Chapter Extension 14: Geographic Information Systems
1) A geographic information system (GIS) is an information system that captures,
stores, analyzes, and displays _ data.
Chapter Extension 6: Using Excel and Access Together
1) A user can readily create data entry forms, queries, and sophisticated and
professional reports with the help of _.
A) Microsoft Publisher
B) Microsoft Access
C) Microsoft Word
Chapter 6: Data Communication and the Cloud
1) The distinguishing characteristic of a LAN is _.
A) that it connects at multiple locations
B) that it connects at a single location
C) that it is a network of networks
D) that all lines need n
Chapter 7: Organizations and Information Systems
1) Which of the following is true of personal information systems?
A) Personal information systems that support a particular department are
sometimes called departmental information systems.
Chapter 3: Organizational Strategy, Information Systems, and Competitive
1) Porter originally developed the five forces model to determine _.
A) the potential profitability of an industry
B) the nature of competitive industrial e
Chapter Extension 7: Mobile Systems
1) _ systems are information systems that support users in motion.
Page Ref: 450
AACSB: Use of Information Technology
Study Question: S