曼昆《经济学原理》(微观)第五版测试题库_第5章.pdf
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曼昆《经济学原理》(微观)第五版测试题库_第5章.pdf

曼昆《经济学原理》(微观)第五版测试题库_第5章.pdf

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Chapter5ElasticityandItsApplicationTRUE/FALSE1.Elasticitymeasureshowresponsivequantityistochangesinprice.ANS:TDIF:1REF:5-0NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Definitional2.Measuresofelasticityenhanceourabilitytostudythemagnitudesofchanges.ANS:TDIF:1REF:5-0NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Definitional3.Thedemandforbreadislikelytobemoreelasticthanthedemandforsolid-goldbreadplates.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive4.Ingeneral,demandcurvesfornecessitiestendtobepriceelastic.ANS:FDIF:1REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive5.Ingeneral,demandcurvesforluxuriestendtobepriceelastic.ANS:TDIF:1REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive6.Necessitiestendtohaveinelasticdemands,whereasluxurieshaveelasticdemands.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive7.Goodswithclosesubstitutestendtohavemoreelasticdemandsthandogoodswithoutclosesubstitutes.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive8.ThedemandforRiceKrispiesismoreelasticthanthedemandforcerealingeneral.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive9.ThedemandforsoapismoreelasticthanthedemandforDovesoap.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive10.Thedemandforgasolinewillrespondmoretoachangeinpriceoveraperiodoffiveweeksthanoveraperiodoffiveyears.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive11.Eventhedemandforanecessitysuchasgasolinewillrespondtoachangeinprice,especiallyoveralongertimehorizon.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive12.Thepriceelasticityofdemandisdefinedasthepercentagechangeinquantitydemandeddividedbythepercentagechangeinprice