Microeconomics Quiz: Can You Answer These Questions?
このQ&Aのポイント
Learn about the short-run supply curve of a purely competitive firm and how it relates to average variable cost, average total cost, and marginal cost.
Understand the conditions for a firm to produce at the lowest cost per unit in the long run and the relationships between marginal revenue, average variable cost, average fixed cost, and price.
Explore the decision-making process of an airline in selling tickets at the gate and calculate the minimum price they should charge to cover costs.
ミクロ経済 Quiz
1. The Purely Competitive firm’s short-run supply curve is equal to its
A)Average Variable Cost curve above the Marginal Cost curve
B)Average Total Cost curve above the Marginal Cost curve
C)Average Fixed Cost curve
D)Marginal Cost curve above the Average Variable Cost curve
E)None of the above
B) テキスト図(ATC>MC)より
2. If a firm is producing at the lowest cost per unit in the long-run, then
A) MR = Long-run MC
B) AVC = AFC
C) MC = Long-run ATC
D) P = AVC
D) テキスト図よりP=AVC
3) An Airline is thinking of selling tickets at the gate for flights that are
already scheduled, but not yet fully booked. If the fixed cost per passenger =
$55 and the variable cost per passenger = $30 and the extra cost for one more
passenger $15, then the airline should sell one more ticket if the price it can
charge is greater than
A)$15
B)$30
C)$45
D)$55
E)$70
C) コストの合計より30+15=45
4) Why can’t Purely Competitive firms make an economic profit in the Long-Run?
A)Their price equals their marginal revenue
B)They will produce where marginal revenue equals marginal cost
C)They have decreasing returns to scale
D)The law of diminishing returns
E)They have no obstacles to entry
E)と考えました。
5. A purely competitive firm will shut down in the short-run if its price is
less than its
a) Average Total Cost
b) Average Fixed Cost
c) Average Variable Cost
d) Marginal Cost.
D) と考えました。
6. We would expect firms to leave the industry if Price is
A)greater than Marginal Revenue
B)equal to Marginal Cost
C)less than Average Revenue
D)less than Long-Run Average Total Cost
E)equal to Long-Run Marginal Cost
A)と考えました。
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#1 D
#2 C
#3 B
#4 E
#5 C
#6 D
回答1でも書いたように、あなたの答えと一致するのは#4のEだけです。
お礼
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