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TEST BANK For Microeconomics Global Edition 9th Edition by Jeffrey M. Perloff, Verified Chapters 1 - 20, Complete Newest Version $16.49   Add to cart

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TEST BANK For Microeconomics Global Edition 9th Edition by Jeffrey M. Perloff, Verified Chapters 1 - 20, Complete Newest Version

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TEST BANK For Microeconomics Global Edition 9th Edition by Jeffrey M. Perloff, Verified Chapters 1 - 20, Complete Newest Version TEST BANK For Microeconomics Global Edition 9th Edition by Jeffrey M. Perloff, Verified Chapters 1 - 20, Complete Newest Version TEST BANK For Microeconomics Global Editi...

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TEST BANK For Microeconomics, 9th edition
by Jeffrey M. Perloff, Chapters 1 - 20

,Table of contents
f f




1. Introduction
2. Supply and Demand
f f




3. Applying the Supply-and-Demand Model
f f f




4. Consumer Choice f




5. Applying Consumer Theory
f f




6. Firms and Production
f f




7. Costs
8. Competitive Firms and Markets f f f




9. Applying the Competitive Model
f f f




10. General Equilibrium and Economic Welfare
f f f f




11. Monopoly
12. Pricing and Advertising f f




13. Oligopoly and Monopolistic Competition
f f f




14. Game Theory f




15. Factor Markets f




16. Interest Rates, Investments, and Capital Markets
f f f f f




17. Uncertainty
18. Externalities, Open-Access, and Public Goods f f f f




19. Asymmetric Information f




20. Contracts and Moral Hazards f f f

,Chapterf1 Introduction
1.1 Microeconomics:fThefAllocationfoffScarcefResources
1) Microeconomicsfstudiesfthefallocationfof

A) decisionfmakers.

B) scarcefresources.

C) models.

D) unlimitedfresources.fA
NSWER: B
Section:
ThefAllocationfoffScarcefResourcesfQu
estionfStatus: Old
AACSB: Analyticfthinking


2) Microeconomicsfisfoftenfcalled

A) priceftheory.

B) decisionfscience.

C) scarcity.

D) resourceftheory.f
ANSWER: A
Section:
ThefAllocationfoffScarcefResourcesfQu
estionfStatus: Old
AACSB: Analyticfthinking


3) Mostfmicroeconomicfmodelsfassumefthatfdecisionfmakersfwishfto

A) makefthemselvesfasfwellfofffasfpossible.

B) actfselfishly.

C) makefothersfasfwellfofffasfpossible.

D) Nonefoffthefabove.fA
NSWER: A
Section:
ThefAllocationfoffScarcefResourcesfQu
estionfStatus: Old
AACSB: Analyticfthinking
4) Societyffacesftrade-­ ‑offsfbecausefof

A) governmentfregulations.

B) profitfmotive.

C) facelessfbureaucrats.

, D) scarcity.fA
NSWER: D
Section:
ThefAllocationfoffScarcefResourcesfQu
estionfStatus: Old
AACSB: Analyticfthinking

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