The price elasticity of cars has been reported at 1.5. “L” Car Company decides
to raise prices by 5%. What is your most appropriate conclusion?
Demand is elastic and total revenue will increase.
Demand is elastic and total revenue will decrease.
Demand is inelastic and total revenue will increase.
Demand is inelastic and total revenue will decrease.
If voluntary exchange occurs in a competitive market, which of the following
will encourage efficient resource allocation?
External benefit.
Price ceiling.
Private property right.
Public goods.
When a tax is imposed, which of the following would most likely lead to
buyers bearing the cost?
Elastic demand and elastic supply.
Elastic demand is and inelastic supply.
Inelastic demand is and elastic supply.
Inelastic demand is and inelastic supply.
Which of the following is the least likely effective means of addressing the
principal-agent problem?
Commends
Multi-year contracts.
Ownership.
Pay for performance.
If marginal cost per unit is greater than average total cost per unit, increasing
output will most likely cause
marginal cost to decrease.
average fixed cost to increase.
average variable cost to increase.
average total cost to decrease.
In a perfectly competitive market, the individual firm’s demand curve is most
likely
vertical.
horizontal.
upward sloping.
downward sloping.
Which of the following is the best reason for price discrimination?
Differences in applicable tariffs.
Differences in effective tax rates.
Differences in production and transportation costs.
Differences in consumers’ willingness to pay.
Branding is most important in which of the following market structure?
Oligopoly.
Monopoly.
Perfect competition.
Monopolistic competition.
All else being equal, according to the income effect and the substitution effect,
an increase in the wage rate will most likely have what effect on the supply of
labor?
Increase on the income effect; Increase on the substitution effect.
Increase on the income effect; Decrease on the substitution effect.
Decrease on the income effect; Increase on the substitution effect.
Decrease on the income effect; Decrease on the substitution effect.
Which of the following is least likely to cause a change in the demand for
labor?
An increase in the wage rate.
Other factor prices.
Price of the firm’s output.
Technology.
Please carefully read the following questions and answer them in English. Your
grade in this portion depends on whether your answers hit the points and
whether your writing format is clear. You may use graphs or tables in your
answers. You are also allowed to make necessary assumptions for making the
analyses. However, the graphs or tables must be clearly exhibited and the
assumptions must be well defined.
Please carefully read the following questions and answer them in English. Your
grade in this portion depends on whether your answers hit the points and
whether your writing format is clear. You may use graphs or tables in your
answers. You are also allowed to make necessary assumptions for making the
analyses. However, the graphs or tables must be clearly exhibited and the
assumptions must be well defined.
Please carefully read the following questions and answer them in English. Your
grade in this portion depends on whether your answers hit the points and
whether your writing format is clear. You may use graphs or tables in your
answers. You are also allowed to make necessary assumptions for making the
analyses. However, the graphs or tables must be clearly exhibited and the
assumptions must be well defined.
The financial crisis starting from the end of 2008 severely impacted Taiwan. In
order to stabilize the economy, the authorities implemented several monetary
and fiscal policies to response. Based on your understanding, please (1)list
these policies and (2)explain the possible effects of implementing these policies
that the authorities expected to achieve.
Please carefully read the following questions and answer them in English. Your
grade in this portion depends on whether your answers hit the points and
whether your writing format is clear. You may use graphs or tables in your
answers. You are also allowed to make necessary assumptions for making the
analyses. However, the graphs or tables must be clearly exhibited and the
assumptions must be well defined.
Please (1)briefly describe how the gross domestic product (GDP) is calculated
and (2)make an analysis on the possible problems of using the GDP measure.
可觀看題目詳解,並提供模擬測驗!(免費會員無法觀看研究所試題解答)