黄新飞《微观经济学》英文习题解答chapter4.doc

黄新飞《微观经济学》英文习题解答chapter4.DOCChapter1Economicanalysis:,,becauseoftheimpossibilityofacontrolledexperiment・0)ifitisgoodtheory,):AWhatareeconomicgoods?Goodsthatareveryexpensive・)Goodsthatarevitaltoanindividual'swelfare・E):B"Scare汁y"ineconomicsrefersbasicallyto:periodsoffamine・,b)):E"Distribution”ineconomicsrefersto:retailing,wholesaling,].:DThethreequestionsofwhat,how,andforwhom:relatetothethreefactorsofproduct!:BThedescriptionofeconomicsas,Ncoolheadsintheserviceofwarmhearts Beingontheproduction-possibilityfrontierbetweengunsandbuttermeansthat:・moregunscanbeproducedonlybydoingwithoutsomebutter.,meansthat:^ )):DWhenmovingalongaproductionpossibilitiesfrontier,theopportunitycosttosocletyofobtainingmoreofoneofthetwogoods:ismeasuredindollarterms・: 0ClothingOX50RefertotheabovedataIfbothclothingandfoodalwaysuseallinputsinthesameproportion,thenXmustbe:A))