Chapter17
MonopolisticCompetition
MULTIPLECHOICE
1.
Monopolisticcompetitionischaracterizedbywhichofthefollowingattributes?
(i) freeentry
(ii) productdifferentiation
(iii) manysellers
a. (i)and(iii)only
b. (i)and(ii)only
c. (ii)and(iii)only
d. (i),(ii),and
Economics 247 Assignment 2 Version B
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 6 through 10.
Answer each question clearly and c
Economics 247 Assignment 2 Version B
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 6 through 10.
Answer each question clearly and c
Economics 247 Assignment 2 Version B
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 6 through 10.
Answer each question clearly and c
Economics 247 Assignment 1 Version B
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 1 through 5. Answer
each question clearly and co
Economics 247 Assignment 2 Version A
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 6 through 10.
Answer each question clearly and c
Economics 247 Assignment 1 Version A
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 1 through 5. Answer
each question clearly and co
Economics 247 Assignment 2 Version B
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 6 through 10.
Answer each question clearly and c
Chapter2
ThinkingLikeanEconomist
MULTIPLECHOICE
1.
Whichisthebeststatementaboutthewayeconomistsstudytheeconomy?
a. Theystudythepast,butdonottrytopredictthefuture.
b. Theyuseaprobabilisticapproachbasedoncorrelationsbetweeneconomicevents.
c. Theydevisetheor
Chapter 16
Oligopoly
Multiple Choice
1. There are two types of imperfectly competitive markets:
a. monopoly and monopolistic competition.
b. monopoly and oligopoly.
c. monopolistic competition and oligopoly.
d. monopolistic competition and cartels.
2. If
Chapter15
Monopoly
MULTIPLECHOICE
1.
Whichofthefollowingstatementsiscorrect?
a. Acompetitivefirmisapricemakerandamonopolyisapricetaker.
b. Acompetitivefirmisapricetakerandamonopolyisapricemaker.
c. Bothcompetitivefirmsandmonopoliesarepricetakers.
d. Bothc
CHAPTER
17
Oligopoly
Goals
in this chapter you will
Examine what outcomes are possible when a market is an
oligopoly
Learn about the prisoners dilemma and how it applies to
oligopoly and other issues
Consider how the antitrust laws try to foster competiti
ECON 246
University of Victoria
Statistical Inference (Section A01)
Assignment 2, Spring 2016
Due:
Monday 1 February, at 4:00p.m.; in the box for your lab. section outside the
Department of Economics office.
Question 1:
(a)
For a random variable, C, which
Assignment 2A
(100 marks total)
Assignment 2 should be submitted after you have completed Units 6 through 10 (Chapters 13 to
18). It is worth 10% of your final grade. Insert your answer to each question below the question.
Show your calculations. None of
Economics 247 Assignment 1 Version A
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this
course. You should complete it after completing your course work for Units 1 through 5. Answer
each question clearly and co
Chapter12
TheDesignoftheTaxSystem
MULTIPLECHOICE
1.
Whichofthefollowingstatementsismostcorrect?
a. Asanationgetsricher,thegovernmenthaslargertaxrevenue,buttypicallytakesasmallershareofincomeintaxes.
b. Poorcountriesusuallyhaverelativelylargetaxburdens.
c.
Chapter11
PublicGoodsandCommonResources
MULTIPLECHOICE
1.
Inthemarketforagoodlikeicecreamcones,
a. aninefficientnumberoficecreamconeswillbeproduced.
b. thesumofproducersurplusandconsumersurplusisminimized.
c. priceadjuststobalancesupplyanddemand.
d. thepr
A
A.P. Economics Midterm Exam
Name: _
Date: _
AP Microeconomics Midterm Exam
The following exam is a complete practice test for the Microeconomics A. P.
test. The purpose is to simulate an actual test in every possible way. With this in
mind, the types of
Chapter13
TheCostsofProduction
MULTIPLECHOICE
1.
Accordingtothelawofsupply,
a. firmsproductionlevelsarenotcorrelatedwiththepriceofagood.
b. thesupplycurveslopesdownward.
c. firmsarewillingtoproduceagreaterquantityofagoodwhenthepriceofthegoodishigher.
d. N
Chapter14
FirmsinCompetitiveMarkets
MULTIPLECHOICE
1.
Amarketiscompetitiveif
(i) firmshavetheflexibilitytopricetheirownproduct.
(ii) eachbuyerissmallcomparedtothemarket.
(iii) eachsellerissmallcomparedtothemarket.
a. (i)and(ii)only
b. (i)and(iii)only
c. (
Chapter18
TheMarketsfortheFactorsofProduction
MULTIPLECHOICE
1.
Whichofthefollowingbestdescribestheeconomysstockofequipmentandstructures?
a. capital
b. aggregatedemand
c. longterminventory
d. aggregatestock
ANSWER:a.
capital
TYPE:MDIFFICULTY:1SECTION:18.1
ECON 246
University of Victoria
Statistical Inference (Section A01)
CRN 20890
Assignment 1, Spring 2016
Due: Friday 22 January, at 4:00 p.m.; in the box for your lab. section outside the Department of
Economics office.
Question 1:
Consider a population wi