8. Market power is the _______.

(A) political power of monopolies.
(B) size of the market.
(C) forces of supply and demand.
(D) ability of a firm to set its price.

9. The figure above shows the demand and cost curves for a single-price monopolist. What level of output maximizes the firm's economic profit? (A) 0 units (B) 30 units (C) 20 units (D) 50 units

10. The figure above shows the demand and cost curves for a single-price monopolist. What price will the firm charge? (A) $50 per unit (B) $30 per unit (C) $10 per unit (D) $20 per unit

11. The figure above shows the demand and cost curves for a single-price monopolist. What economic profit does this firm earn? (A) $400 (B) $200 (C) zero (D) $600

12. Dell and Gateway must decide whether to lower their prices, based on the potential profits shown in the payoff matrix above. (The profits are in millions of dollars.) In the Nash equilibrium, (A) both Dell and Gateway lower prices. (B) Dell keeps its prices high and Gateway lowers its prices. (C) Gateway keeps its prices high and Dell lowers its prices. (D) both Dell and Gateway keep prices high.

13. Dell and Gateway must decide whether to lower their prices, based on the potential profits shown in the payoff matrix above. (The profits are in millions of dollars.) In the Nash equilibrium, Dell's profit is _______ million and Gateway's profit is _______ million. (A) 5； 20 (B) 15； 15 (C) 10； 10 (D) 20； 5

14. Dell and Gateway must decide whether to lower their prices, based on the potential profits shown in the payoff matrix above. (The profits are in millions of dollars.) If the firms collude and don't cheat, Dell's profit is _______ million and Gateway's profit is _______ million. (A) 5； 20 (B) 15； 15 (C) 10； 10 (D) 20； 5

15. The firm shown in the figure above is _______. (A) not a natural monopoly because its MC curve is below its ATC curve. (B) not a natural monopoly because its MC curve is horizontal. (C) not a natural monopoly because its ATC curve slopes downward where it intersects the demand curve. (D) a natural monopoly because its ATC curve slopes downward where it intersects the demand curve.

16. In the above figure, the utility of wealth curve shown indicates that individual is _______. (A) risk averse. (B) risk preferring. (C) risk neutral. (D) risk averse or risk neutral, depending on income.

17. The above figure shows how an individual evaluates a bet in which he or she has a 0.5 probability of receiving $20 and a 0.5 probability of receiving $200. The individual would be indifferent between (A) $200 with certainty or the expected value of the bet. (B) $20 with certainty or the expected value of the bet. (C) $110 with certainty and the expected value of the bet. (D) $80 with certainty or the expected value of the bet.

18. James has a utility of wealth schedule in the above table. He is offered a job selling video games at Games Galore. James' compensation depends on how much he sells. In a poor sales period, a salesperson makes $100 per month. In a good sales period, a salesperson makes $600 per month. James is told by the manager that, in any given month, there is a 25 percent chance of a poor sales period and a 75 percent chance of a good sales period. What is James' expected income from taking this job? (A) $600 (B) $350 (C) $475 (D) $100

115年 - [無官方正解]115 國立嘉義大學_碩士班招生考試試題_財務金融學系：經濟學#143920

114年 - [無官方正解]114 國立嘉義大學_碩士班招生考試試題_財務金融學系：經濟學#144017

114年 - 114 國立嘉義大學_轉學生招生考試試題_管理學院：經濟學#143769

114年 - [無官方正解]114 臺灣綜合大學系統_學士班轉學生考試試題:經濟學#138281

114年 - [無官方正解]114 臺灣綜合大學系統_學士班轉學生考試試題:經濟學#137887

114年 - 114 台灣聯合大學系統_學士班轉學生考試試題:經濟學#137759

113年 - [無官方正解]113 國立嘉義大學_轉學生招生考試試題_管理學院：經濟學#143867

113年 - 113 國立成功大學_碩士班招生考試_交通管理研究所：經濟學#122751

113年 - 113 國立台灣大學_碩士班招生考試試題_土木工程研究所交通組：經濟學(C)(含工程經濟)#119247

112年 - 112 國立嘉義大學_轉學生招生考試試題_管理學院：經濟學#143906