ECO111 FE 1-65

The marginal benefit John gets from eating a fourth cheeseburger at a picnic is

a. the total benefit John gets from eating four cheeseburgers minus the total

benefit John gets from eating three cheeseburgers.

b. the same as the total benefit of eating four cheeseburgers.

c. less than the marginal cost of eating the fourth cheeseburger since he chose to

eat the fourth cheeseburger.

d. the total benefit John gets from eating five cheeseburgers minus the total benefit

John gets from eating four cheeseburgers.

• d
• a
• c
• b

Answer explanation

Lợi ích cận biên mà John nhận được từ việc ăn chiếc bánh mì kẹp phô mai thứ tư trong chuyến dã ngoại là

a. tổng lợi ích John nhận được từ việc ăn bốn chiếc bánh mì kẹp phô mai trừ đi tổng lợi ích mà John nhận được từ việc ăn ba chiếc bánh mì kẹp phô mai.

b. tương đương với tổng lợi ích của việc ăn bốn chiếc bánh mì kẹp phô mai.

c. ít hơn chi phí cận biên để ăn chiếc bánh mì kẹp phô mai thứ tư kể từ khi anh ta chọn ăn miếng phô mai thứ tư.

d. tổng lợi ích mà John nhận được từ việc ăn năm chiếc bánh mì kẹp phô mai trừ đi tổng lợi ích mà John nhận được từ việc ăn bốn chiếc bánh mì kẹp phô mai.

Mitch has $100 to spend and wants to buy either a new amplifier for his guitar

or a new mp3 player to listen to music while working out. Both the amplifier

and the mp3 player cost $100, so he can only buy one. This illustrates the basic

concept that

a. trade can make everyone better off.

b. people face trade-offs

c. rational people think at the margin.

d. people respond to incentives.

• d
• a
• c
• b

Answer explanation

Sự đánh đổi

1: guitar

2 mp3 player

" he can only buy one" : anh ấy chỉ có thể mua một cái

Senator Smart, who understands economic principles, is trying to convince

workers in her district that trade with other countries is beneficial. Senator Smart

should argue that trade can be beneficial

a. only if it allows us to obtain things that we couldn't make for ourselves.

b. because it allows specialization, which increases total output.

c. to us if we can gain and the others involved in the trade lose.

d. in only a limited number of circumstances because others are typically self

interested.

• d
• a
• c
• b

Answer explanation

Senator Smart argue trade because it allows specialization, which increases total output.

Thượng nghị sĩ Smart tranh luận về thương mại vì nó cho phép chuyên môn hóa, làm tăng tổng sản lượng.

QN=4 (17136) Economics deals primarily with the concept of

a. scarcity.

b. money.

c. poverty.

d. banking.

• d
• a
• c
• b

Answer explanation

Senator Smart argue trade because it allows specialization, which increases total output.

Thượng nghị sĩ Smart tranh luận về thương mại vì nó cho phép chuyên môn hóa, làm tăng tổng sản lượng.

QN=5 (17126) Households and economies have each of the following in common EXCEPT

both

a. must allocate scarce resources.

b. face many decisions.

c. must allocate the goods and services they produce.

d. must have a central decision maker.

• d
• a
• c
• b

Answer explanation

d. must have a central decision maker.

QN=6 (17130) An increase in the overall level of prices in an economy is referred to as

a. economic growth.

b. inflation.

c. monetary policy.

d. supply shocks.

• d
• a
• c
• b

Answer explanation

increase in the overall level of prices => inflation.

Sự gia tăng mức giá chung => lạm phát.

QN=7 (17144) In an economy in which decisions are guided by prices and individual self

interest, there is

a. the potential to achieve efficiency in production.

b. a strong need for government intervention in the market.

c. less efficiency than would be observed in a centrally-planned economy.

d. more need for a strong legal system to control individual greed than would be

needed in a centrally-planned economy

• d
• a
• c
• b

Answer explanation

guided by prices and individual self-interest => achieve

hướng dẫn bởi giá cả và lợi ích cá nhân=> đạt đc hiệu quả trong sx

QN=8 (17147) The invisible hand refers to

a. how central planners made economic decisions.

b. how the decisions of households and firms lead to desirable market

outcomes.

c. the control that large firms have over the economy.

d. government regulations without which the economy would be less efficient.

• d
• a
• c
• b

Answer explanation

guided by prices and individual self-interest => achieve

hướng dẫn bởi giá cả và lợi ích cá nhân=> đạt đc hiệu quả trong sx

QN=9 (17131) Moira decides to spend two hours taking a nap rather than attending her classes.

Her opportunity cost of napping is

a. the value of the knowledge she would have received had she attended class.

b. the $30 she could have earned if she had worked at her job for those two hours.

c. the value of her nap less the value of attending class.

d. nothing, since she would valued sleep more than attendance at class.

• d
• a
• c
• b

Answer explanation

chi phí cơ hội khi ko ngủ trưa là có kiến thức mới khi join lớp hc

QN=10 (17138) Which of the following statements best represents the principle represented by

the adage, "There is no such thing as a free lunch"?

a. Melissa can attend the concert only if she takes her sister with her.

b. Greg is hungry and homeless.

c. Brian must repair the tire on his bike before he can ride it to class.

d. Kendra must decide between going to Colorado or Cancun for spring

break.

• d
• a
• c
• b

Answer explanation

câu ngạn ngữ "Không có bữa trưa nào miễn phí"?

a. Melissa chỉ có thể tham dự buổi hòa nhạc nếu cô ấy dẫn em gái đi cùng.

b. Greg đói và vô gia cư.

c. Brian phải sửa lốp xe đạp trước khi có thể đạp đến lớp.

d. Kendra phải quyết định giữa việc đến Colorado hay Cancun vào mùa xuân

phá vỡ. ( trade- off)

Tags

CCSS.RL.2.6

CCSS.RL.8.3