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一、单选题

1、Thebasictoolsofsupplyanddemandapplyto

A.marketsforgoodsandservicesbutnottomarketsfor

laborservices.

B.bothmarketsforgoodsandservicesandmarketsforlabor

services.

C.marketsforgoodsandservicesbutnottomarketsfor

factorsofproduction.

D.allmarketsexceptthoseinwhichdemandisderived

demand.

正确答案:B

2、Aprofit-maximizing,competitivefirmforwhichthe

marginalproductoflaborisdiminishingalsoexperiences

A.anupward-slopingdemandforlabor.

B.adownward-s1opingdemandforlabor.

C.aperfectlyelasticsupplyoflabor.

D.aperfectlyinelasticsupplyoflabor.

正确答案:B

3^Whichofthefollowingstatementsiscorrect?

A.Allofthechoicesarecorrect.

B.Byhiringlaboruptothepointwherethevalueofthe

marginalproductoflaborequalsthewage,thefirmis

producingwherepriceequalsmarginalcost.

C.Thevalueofthemarginalproductcurveisthelabor

demandcurveforcompetitive,profit-maximizingfirms.

D.Acompetitive,profit-maximizingfirmhiresworkersupto

thepointwherethevalueofthemarginalproductoflabor

equalsthewage.

正确答案:A

4、Theterm,'compensatingdifferential〃refersto

A.thefactthatworkerswhodosimilarworkshouldbepaid

thesamewage.

B.thefactthatsomeworkerslivefurtherfromtheirjobs

thandootherworkers.

C.awagedifferencethatarisesfromnonmonetary

characteristicsofdifferentjobs.

D.awagedifferencethatisdistinguishableonthebasisof

monetarycharacteristics.

正确答案:C

5、Whichofthefollowingwouldnotbeconsideredhuman

capital?

A.thetimeachefspendspreparingmealsinarestaurant

practicinghistrade.

B.thefinancialcapitalachefusestostarthisown

restaurant.

C.thetrainingachefreceivesincookingschool.

D.theskillsacheflearnswhenattendingaclassabout

cakedecorating

正确答案:B

6、Economistsrefertotheinputsthatfirmsusetoproduce

goodsandservicesas

A.derivedresources.

B.derivedfactors.

C.instrumentsofrevenue.

D.factorsofproduction.

正确答案:D

7、Labormarketsaredifferentfrommostothermarkets

becauselabordemandis

A.aderiveddemand.

B.unresponsivetochangesinthefinalpricesofthe

productsproducedbythelabor.

C.unresponsivetochangesinwages.

D.veryresponsivetolaborsupply.

正确答案:A

8、Themarginalproductoflaborisdefinedasthechange

in

A.outputperadditionalunitofrevenue.

B.outputperadditionalunitoflabor.

C.revenueperadditionalunitoflabor.

D.revenueperadditionalunitofoutput.

正确答案:B

9、Whenaproductionfunctionexhibitsadiminishing,but

positive,marginalproductoflabor,

A.theeffectsonmarginalproductareambiguous.

B.outputincreases,butatanincreasingrate,asmore

workersareemployed.

C.outputincreases,butatadecreasingrate,asmore

workersareemployed.

D.outputdeclinesasmoreworkersareemployed.

正确答案:C

10、Valueofmarginalproductisdefinedastheadditional

A.outputafirmwouldreceiveafterhiringonemorefactor

ofproduction.

B.costofhiringonemorefactorofproduction.

C.revenueearnedfromhiringonemorefactorofproduction.

D.revenueearnedfromsellingonemoreunitofproduct.

正确答案:C

二、判断题

1、Forasnow-removalbusiness,thecapitalstockwould

includeinputssuchassnowblowersandshovels

正确答案:J

2、Capitalownersarecompensatedaccordingtothevalueof

themarginalproductofthatcapita

正确答案:V

3、Firmspayoutaportionoftheirearningsintheformof

interestanddividends,andthosepaymentsareaportionof

theeconomy'scapitalincome

正确答案:V

4、Themarginalproductoflanddependsonthequantityof

landthatisavallablc

正确答案:J

5、Supposeaninfluenzapandemicweretosignificantly

decreasethepopulationofacountry.Wewouldpredicta

decreaseinthemarginalproductoflandinthatcountry

正确答案:J

6、Achangeinthesupplyofanyonefactoraltersthe

earningsofalltheotherfactors

正确答案:J

7、Aneventthatchangesthesupplyofanyfactorof

productioncanaltertheearningsofallthefactors.

正确答案:V

8、Ifmen'spreferencesforworkchangesuchthatmoremen

wanttobestay-at-homefathers,thewagespaidtomenwho

remaini

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