综合模拟 AP Microeconomics MCQ

AP Microeconomics综合模拟测试 - 覆盖全部6个单元的核心考点

📝 8 Questions

1. Which of the following best illustrates the concept of scarcity?

A. A student must choose between studying and working B. Prices increase due to inflation C. A country prints more money D. Technology improves productivity

2. If two goods are complements, a decrease in the price of one will:

A. Increase the demand for the other B. Decrease the demand for the other C. Have no effect on the other D. Increase the supply of the other

3. When marginal cost is below average total cost:

A. ATC is falling B. ATC is rising C. ATC is constant D. ATC equals marginal cost

4. A monopolistically competitive firm differs from a perfectly competitive firm because:

A. It faces a downward-sloping demand curve B. It cannot earn profit C. It has no competitors D. It produces a homogeneous product

5. The Coase theorem states that:

A. Private parties can solve externalities without government intervention if transaction costs are low B. Government must always intervene in cases of market failure C. Externalities cannot be internalized D. Property rights are irrelevant to efficiency

6. In a monopsony labor market, the firm pays a wage:

A. Below the competitive equilibrium wage B. Above the competitive equilibrium wage C. Equal to the competitive equilibrium wage D. Equal to the marginal revenue product

7. Total surplus is maximized when:

A. The market is in competitive equilibrium B. A monopoly exists C. A price floor is imposed D. A price ceiling is imposed

8. The prisoner's dilemma demonstrates that:

A. Individual rationality can lead to collective irrationality B. Cooperation always dominates C. Competition is always efficient D. Information is always symmetric

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