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TEST BANK for Microeconomics, 9th edition by Jeffrey M. Perloff, all Chapters 1-20 fully covered ISBN: 978-1292446448 $27.99   Add to cart

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TEST BANK for Microeconomics, 9th edition by Jeffrey M. Perloff, all Chapters 1-20 fully covered ISBN: 978-1292446448

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TEST BANK for Microeconomics, 9th edition by Jeffrey M. Perloff, all Chapters 1-20 fully covered ISBN: 978-1292446448 TEST BANK for Microeconomics, 9th edition by Jeffrey M. Perloff, all Chapters 1-20 fully covered ISBN: 978-1292446448 TEST BANK for Microeconomics, 9th edition by Jeffrey M. Perlo...

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  • October 10, 2024
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  • Microeconomics, 9th Edition
  • Microeconomics, 9th Edition
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TIFFACADEMICS
TEST BANK
Microeconomics, 9th edition by Jeffrey M. Perloff,
all Chapters 1-20 fully covered

,Table of contents
e e




1. Introduction
2. Supply and Demand
e e




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




4. Consumer Choice e




5. Applying Consumer Theory
e e




6. Firms and Production
e e




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




9. Applying the Competitive Model
e e e




10. General Equilibrium and Economic Welfare
e e e e




11. Monopoly
12. Pricing and Advertising e e




13. Oligopoly and Monopolistic Competition e e e




14. Game Theory e




15. Factor Markets e




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




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




19. Asymmetric Information e




20. Contracts and Moral Hazards e e e

,Chaptere1 Introduction
1.1 Microeconomics:eTheeAllocationeofeScarceeResources
1) Microeconomicsestudiesetheeallocationeof

A) decisionemakers.

B) scarceeresources.

C) models.

D) unlimitederesources.eA
NSWER: B
Section:
TheeAllocationeof eScarceeResourceseQ
uestioneStatus: Old
AACSB: Analyticethinking


2) Microeconomicseiseoftenecalled

A) priceetheory.

B) decisionescience.

C) scarcity.

D) resourceetheory.e
ANSWER: A
Section:
TheeAllocationeof eScarceeResourceseQ
uestioneStatus: Old
AACSB: Analyticethinking


3) Mostemicroeconomicemodelseassumeethatedecisionemakersewisheto

A) makeethemselveseasewelleoffeasepossible.

B) acteselfishly.

C) makeeotherseasewelleoffeasepossible.

D) Noneeofetheeabove.e
ANSWER: A
Section:
TheeAllocationeof eScarceeResourceseQ
uestioneStatus: Old
AACSB: Analyticethinking
4) Societyefacese trade-­ ‑offse becauseeof

A) governmenteregulations.

B) profitemotive.

C) facelessebureaucrats.

, D) scarcity.eA
NSWER: D
Section:
TheeAllocationeof eScarceeResourceseQ
uestioneStatus: Old
AACSB: Analyticethinking

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