Microeconomics, HSE (test)

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Uploaded: 02.07.2013
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1. Answer the questions on the principle that if you agree with the statement that - "yes" if you do not agree, then - "no." The price response - 2 points

1.1. Society as a whole, as opposed to an individual or a company, is not faced with the problem of limited resources. Yes. No

1.2. All economic benefits are resources, but not all of the economic resources are the economic benefits. Yes. No.

1.3. A positive value of the coefficient of cross-elasticity of demand for the two products means that these products are interchangeable. Yes. No.

1.4. In the long term supply of goods is more elastic than the short-term. Yes. No

1.5. Market ballpoint pens with green paste can not be considered monopolistic even with a seller of the product. Yes. No

1.6. Fixing the upper limit (ceiling) price leads to the formation of excess product in the market. Yes. No.

1.7. If the supply curve moves to the right on the chart, it means that there is an increase in supply. Yes. No.

1.8. Small firms are always less effective than larger ones. Yes. No.

1.9. In the model of intertemporal choice the consumer chooses between consumption of different economic wealth. Yes. No.

1.10. With the development of society are rising transaction costs. Yes. No


Choose the correct answer and mark it on the answer sheet (Answer 3 price points)

2.1. Which of the following can be attributed to the resource "capital":

1. Cash and Cash businesses.

2. Government bonds.

3. Line.

4. Oil deposits.


2.2. If all involved in the production of human and material resources, the increase production kakogo- the product:

1 .mozhno only in private companies, not the government.

2. It is possible only in conditions of rising prices.

3. It is not possible under any circumstances.

4. You can, if you reduce the production of - the other product.


2.3. Production possibilities curve illustrates:

1 .Vliyanie deficit on society.

2.Preimuschestvo manufacture guns instead of butter.

3. Change in the price of various products.

4. The opportunity cost of production or the guns or butter.


2.4. The equilibrium condition of the consumer:

1. The marginal utility of wealth equal to the marginal utility of money.

2. Weighted prices equal marginal utility of wealth.

3. The marginal utility of goods are equal.

4. Return all the allegations.


2.5. Which factor most likely to result in an increase

Apple offers:

1. Higher prices for pears and plums.

2. Favorable weather conditions in all parts of apple growing.

3. The increase in the price of apples.

4. The poor harvest of apples.


2.6. In a situation of balance in the rice market:

1. Not all buyers are willing to purchase rice at the market price, we were able to make the purchase.

2. Not all the rice offered for sale at the market price, is bought by the consumer willing to pay this price.

3. Some sellers can not find a buyer for their rice sold at market price.

4. It remains unsold rice, which was offered at a price above retail.


2.7. We consider a normal competitive market product. If consumer incomes have increased, and prices of resources have increased, it is likely to:

1. The equilibrium price will fall, and sales will increase.

2. And the price, and sales volume increase.

3. And the price, and sales fell.

4. On the volume can not say anything definite. And the price - will increase.


2.8. Sets of goods having the same utility:

1. belong to the same indifference curve.

2. Lying on one of the Engel curve.

3. lie on the demand curve.

4. Should be on the budget constraint.


2.9. Price elasticity vertical demand curve:

1. infinitely large.

2. zero.

3. unity.

4. 0.1.


2.10.Primerom variable factors of production are:

1. purchased materials; 3. Salary;

Additional information

2.11. Oligopoly - a market structure in which there are:

1. a large number of firms producing a homogeneous product;

2. a large number of firms producing differentiated products;

3. a small number of interacting firms;

4. Only one large firm.


2.12.Asimmetrichnaya information as a commodity in short-term results:

1. to increase the price of goods;

2. to displace from the market of producers of quality products;

3. to reduce the market power of firms with high quality goods;

4. to reduce transaction costs.


2.13. About the company, which can not affect the price of the finished product the following is known: the price is equal to 6 rubles., The fixed costs are 12 thousand LLC. Rub., The average fixed costs are equal to 4 rubles., Average total cost is equal to 7 rubles, the marginal cost of twice the average fixed costs and increase with the issue. The optimal strategy for maximizing firm profits should be:

1. Stop the production;

2. To increase the output

3. Do not change output

4. Reduce release


2.14. For the market monopoly is always characterized by:

1. The total appropriation of the consumer surplus;

2. The economic profit in the long run;

3. different prices for different customers on the same product;

4. Product differentiation.


2.15. The company, operating under conditions of perfect competition maximizes profit when:

1. product price equals marginal cost

2. The price of the product more than the marginal cost

3. The price of the product is equal to average cost

4. The price of the product more than the average cost.


2.16. Expected profit of fair play:

1. positive; 3. zero;

2. negative; 4. distributed fairly.


2.17. In the highly profitable sector of the company may be new. This will be expressed:

1. shift the demand curve to the right;

2. shift the supply curve to the right;

3. shift the demand curve to the left;

4. shift the supply curve to the left.


2.18. Market power, that is able to influence the price of the goods, there is due to:

1. brand loyalty arising from a group of purchasers;

2. The conclusion of a cartel agreement between firms;

3. The exclusive right of access to resources;

4. All of the above is true.


2.19. The company uses two factors: capital and labor, so that the RTO = 10, and MR [= 16. Meanwhile, the prices of the factors of production are set as follows: Pk = 3, Pb = 4. What the company:

1. use more labor and less capital.

2. use more capital and less labor

3. raise wages

4. The use of more and labor and capital.


2.20. For pure public goods include:

1. maintenance of cleanliness in the yard of your house.

2. national defense.

3. pensions.

4. cable TV.

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