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112年 - 112 國立成功大學_碩士班招生考試試題_電信管理科學系：經濟學#119853
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16. Refer to Figure 4. The demand curve for a monopoly firm is depicted by curve
(A) A.
(B) C.
(C) D.
(D) B.
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1. If the law of supply applies to this good, then Q1could be (in Table 1) (A) 110. (B).130. (C) 170. (D) 190.
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2. The movement from point A to point B on the graph is called (in Figure 1) (A) a decrease in supply. (B) an increase in supply. (C) an increase in the quantity supplied. (D) a decrease in the quantity supplied.
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3. The movement from point A to point B on the graph is caused by (in Figure 1) (A) a decrease in the price of the good. (B) an increase in the price of the good. (C) an advance in production technology. (D) a decrease in input prices.
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4. The price elasticity of demand measures (A) buyers' responsiveness to a change in the price of a good. (B) the extent to which demand increases as additional buyers enter the market. (C) how much more of a good consumers will demand when incomes rise. (D) the movement along a supply curve when there is a change in demand.
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5. Which of the following is consistent with the elasticities given in Table 2? (A) A is a luxury and B is a necessity. (B) A is a good after an increase in income and B is that same good after a decrease in income. (C)A has fewer substitutes than B. (D) A is a good immediately after a price increase and B is that same good three years after the price increase.
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6. If the price elasticity of demand for a good is 5, then a 10 percent increase in price results in a (A) 0.50 percent decrease in the quantity demanded.(B)2.00 percent decrease in the quantity demanded.(C) 50.00 percent decrease in the quantity demanded.(D) 100.00 percent decrease in the quantity demanded.
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7. For a particular good, a 12 percent increase in price causes a 3 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good? (A) There are many substitutes for this good.(B) The good is a necessity. (C) The market for the good is narrowly defined.(D) The relevant time horizon is long.
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8. Refer to Figure 2. Which of the following statements is not correct? (A) When the price is $10, quantity supplied equals quantity demanded.(B) When the price is $6, there is a surplus of 8 units. (C) When the price is $12, there is a surplus of 4 units. (D) When the price is $16, quantity supplied exceeds quantity demanded by 12 units.
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9. Refer to Figure 2. A government-imposed price of $12 in this market is an example of a (A) binding price ceiling that creates a shortage. (B) nonbinding price ceiling that creates a shortage. (C) binding price floor that creates a surplus. (D) nonbinding price floor that creates a surplus.
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10. Refer to Figure 3, If this market is currently producing at Q4, then total economic well-being would be maximized if output (A) decreased to Q1. (B) decreased to Q2. (C) decreased to Q3. (D) stayed at Q4.
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