国际贸易--选择、判断题目.docVIP

CHAPTER 2 The Basic Theory Using Demand and Supply 1. The consumers problem is to maximize: (A) a. Utility. b. Profit. c. Trade. d. consumption. 2. Refer to Figure 2.3. Consumer surplus associated with Q1 units is denoted by _______. Consumer surplus associated with Q2 units is denoted by _______. (C) a. a+b+d; d+c+e b. a; b+d c. a; a+b+d d. a; d 3. If a 1 percent decrease in the price of a good causes the quantity demanded of the good to increase by 2 percent, we call that portion of the demand curve: (B) a. Inelastic. b. Elastic. c. unit elastic. d. perfectly elastic. 4. Price elasticity of demand is: (B) a. a measure of the responsiveness of consumers to changes in income. b. a measure of the responsiveness of consumers to changes in price. c. the slope of the demand curve. d. a measure of the amount by which the demand curve shifts as a result of a change in price. 5. If a 1 percent decrease in the price of a good results in a 0.5% increase in the quantity demanded of the good, we can conclude that the demand for the good is relatively price: (A) a. Inelastic. b. Elastic. c. unit elastic. d. perfectly elastic. 6. The motive of the firm is to: (C) a. produce as much as possible. b. maximize the economic well-being of consumers. c. maximize profit. d. minimize costs. 7. Price elasticity of supply is: (B) a. a measure of the responsiveness of producers to changes in income. b. a measure of the responsiveness of producers to changes in price. c. the slope of the supply curve. d. a measure of the amount by which the supply curve shifts as a result of a change in price. 8. When the price elasticity of supply is less than 1, we call supply _______. (B) a. perfectly elastic b. Inelastic c. unit elastic d. elastic 9. Refer to Figure 2.6. Producer surplus associated with producing and selling Qx units of the good is the area (A) a.a . b. b. c. a + b. d. b - a. 10. Producer surplus is: (D) a. found on a graph as the area under the