第一章 单元测试
1、单选题：( )refers the production of an economic good or service within an economy.
A:Market
B:Industry
C:Manufacture
D:Sector
正确答案:【Industry】
2、单选题：( ) refers the way and structure in which the firms in one sector are arranged.
A:Industrial organization
B:Industry
C:Competition
D:Sector
正确答案:【Industrial organization】
3、单选题：( ) denotes a nation’s declared, official, total strategic effort to influence sectoral development
A:Industrial Policy
B:Industrial economics
C:Industrial organization
D:Industrial structure
正确答案:【Industrial Policy】
4、多选题：The core issues of industrial organization are ( ) and ( ).
A:
oligopoly
B:
market power
C:
competition
D:
monopoly
正确答案:【
competition
;
monopoly
】
5、多选题：Demand conditions are affected by ( ).
A:Market growth
B:Substitutes
C:Price elasticity
D:Type of good
正确答案:【Market growth;Substitutes;Price elasticity;Type of good】
6、判断题：Production in one sector has low substitutability.
A:错
B:对
正确答案:【错】
7、判断题：All firms seek higher market shares in order to gain higher profits.
A:错
B:对
正确答案:【对】
8、判断题：If one or several firms have market power and come to dominate, competition is usually effective
A:对
B:错
正确答案:【错】
9、判断题：Chicago School economists argued that increased efficiency led to increased market power and increased profits.
A:对
B:错
正确答案:【对】
10、判断题：The SCP paradigm was developed by Edward Mason and Joe Bain in the 1940s and 1950s.
A:对
B:错
正确答案:【对】
11、判断题：Chicago School economists questioned many of the major empirical conclusions reached by followers of the SCP approach.
A:对
B:错
正确答案:【对】
12、判断题：Harvard School economists argued that increased efficiency led to increased market power and increased profits.
A:错
B:对
正确答案:【错】
13、判断题：The SCP paradigm argues that basic market conditions determine market structure; market structure determines conduct; and conduct determines performance.
A:错
B:对
正确答案:【对】
14、判断题：there is a growing consensus in recent development theory that state interventions are often unnecessary when market failures prevail.
A:对
B:错
正确答案:【错】
15、判断题：The field of industrial organization developed as an offshoot of microeconomic theory.
A:对
B:错
正确答案:【对】
第二章 单元测试
1、判断题：Asset specifi city refers to the degree to which some assets are of value primarily to one
firm.（）
A:对
B:错
正确答案:【对】
2、判断题：An important advantage of a corporation is that its owners have unlimited liability（）.
A:对
B:错
正确答案:【错】
3、判断题：In the short run some inputs are fixed; the firm has to do the best it can with a given capital stock and plant size.（）
A:错
B:对
正确答案:【对】
4、判断题：MES shows the best size for production ( ).
A:对
B:错
正确答案:【对】
5、判断题：Below the MES level, there may be diseconomies of scale.（）
A:错
B:对
正确答案:【错】
6、判断题：Specialization lets workers learn to do their specific tasks much more rapidly and precisely.（）
A:对
B:错
正确答案:【对】
7、判断题：Learning curves show a decline in the current average cost of production as total production mounts.（）
A:对
B:错
正确答案:【对】
8、判断题：An important type of shared input is an intangible asset such as research knowledge or business know-how about production. （）
A:错
B:对
正确答案:【对】
9、单选题：Each firm is assumed to maximize（）.
A:services
B:outputs
C:assets
D:profits
正确答案:【profits】
10、单选题：The costs of using the market to conduct business are called .（）。
A: fixed costs
B:transaction costs
C:production costs
D:varied costs
正确答案:【transaction costs】
11、单选题：The cost savings that result from producing joint products is called as ( )
A:
diseconomies of scale
B:
diseconomies of scope
C:economies of scale
D:
economies of scope
正确答案:【
economies of scope
】
12、多选题：Williamson points out three production cost advantages of using the market,they are（）。
A:economies of scope
B:transaction costs
C:production costs
D:economies of scale
正确答案:【economies of scope;production costs;economies of scale】
13、多选题：There are several possible benefits (or so-called synergies) from diversification.（）。
A:Allocating capital
B:Transfer of technology
C:Learning curves
D:Reducing risk
正确答案:【Allocating capital;Transfer of technology;Reducing risk】
14、判断题：The more frequent a firm’s need for an input, the more the firm can save on transaction costs by internal production.( )
A:对
B:错
正确答案:【对】
15、判断题：the higher the degree of uncertainty, the higher are the transaction costs.（）
A:错
B:对
正确答案:【对】
第三章 单元测试
1、单选题：The elasticity of demand, is a measure
of how sensitive quantity demanded is to a change in ( ).
A:output
B:quanlity
C:cost
D:price
正确答案:【price】
2、单选题：（） is the difference between the maximum amount consumers are willing to pay for a good and the amount they actually pay。
A:social welfare
B:government surplus
C:consumer surplus
D:producer surplus
正确答案:【consumer surplus】
3、单选题：If a firm could have the ability to set price above ( ), then we can say it has market power.
A:
average cost
B:
marginal cost
C:
maximum profit
D:
total cost
正确答案:【
marginal cost
】
4、多选题：In a perfectly competitive market, transaction costs are zero for ( )
A:
only buyers
B:
buyers
C:
only sellers
D:
sellers
正确答案:【
buyers
;
sellers
】
5、判断题：In a perfectly competitive market,
transaction costs are zero for both buyers and sellers.
A:对
B:错
正确答案:【对】
6、判断题：The profit-maximizing rule tells a firm to produce that quantity of output for which marginal revenue equals marginal cost.
A:错
B:对
正确答案:【对】
7、判断题：Economists often evaluate the welfare effects of changes in market structure or of government policies by looking at changes in consumer surplus.
A:错
B:对
正确答案:【错】
8、判断题：A monopoly is the sole producer of a good for which there are no close substitutes
A:对
B:错
正确答案:【对】
9、判断题：The Lerner Index indicates that a monopolist has unlimited control over price.
A:对
B:错
正确答案:【错】
10、判断题：If the elasticity equals -10,the Lerner Index equals 0.01
A:错
B:对
正确答案:【错】
11、判断题：If monopolization of an industry raises costs, the deadweight loss is larger
A:错
B:对
正确答案:【对】
12、判断题：The competitive market equilibrium is allocatively efficient: It maximizes the sum of consumer and producer surplus.
A:对
B:错
正确答案:【对】
13、判断题：The deadweight loss triangle is a measure of the misallocation of resources resulting
from monopoly.
A:错
B:对
正确答案:【对】
14、判断题：The simple comparison of competition and monopoly highlights the resource misallocation associated with market power.
A:对
B:错
正确答案:【对】
15、单选题：Producer surplus is the difference between the ( )the producer receives for selling a unit of output and its reservation ( ）
A:market price, demand price
B:marginal price, demand price
C:demand price, market price
D:market price, supply price
正确答案:【market price, supply price】
第四章 单元测试
1、单选题：Market share is the firm’s percentage share of the market’s total sales revenue. It ranges from zero up to ( ) percent.
A:10000
B:100
C:80
D:1000
正确答案:【100】
2、单选题：The HHI number can range from ( ) to （）。
A:
0, 10000
B:
0, 5000
C:
1000,1000
D:
100,100
正确答案:【
0, 10000
】
3、单选题：Vertical merger involves firms that produce at ( ) of production in the same industry.
A:unrelated stages
B:same stages
C:market extensions
D:different stages
正确答案:【different stages】
4、多选题：The motives for merger are （）。
A:risk reduction
B:financial motives
C:reduce entry barriers
D:market power
正确答案:【risk reduction;financial motives;reduce entry barriers;market power】
5、多选题：Static or structural barriers to entry include （）。
A:economies of scale
B:capital costs
C:product differentiation
D:absolute cost advantages
正确答案:【economies of scale;capital costs;product differentiation;absolute cost advantages】
6、判断题：A too-broad definition includes too many firms, with the result that reported measures of market power tend to be biased downward.
A:错
B:对
正确答案:【对】
7、判断题：Entry and exit conditions are important determinants of existing firms’ market power.
A:对
B:错
正确答案:【对】
8、判断题：Firms within the industry have control over structural barriers to entry
A:错
B:对
正确答案:【错】
9、判断题：Behavioral or strategic barriers to entry are those existing firms might deliberately behave in ways that decreased the probability of entry by other firms
A:对
B:错
正确答案:【对】
10、判断题：Established firms has absolute cost advantages over potential entrants.
A:错
B:对
正确答案:【对】
11、判断题：Product differentiation creates an advantage for established firms relative to newcomers.
A:对
B:错
正确答案:【错】
12、判断题：Expecting profitability is an incentives to enter
A:对
B:错
正确答案:【对】
13、判断题：Any cost that a firm must incur to leave an industry is an exit barrier ,which is generally thought of as some type of marginal cost.
A:对
B:错
正确答案:【错】
14、判断题：Industries with high rates of entry tend to have high rates of exit
A:错
B:对
正确答案:【对】
15、判断题：Each source of entry barriers can also erect a barrier to exit by going firms.
A:对
B:错
正确答案:【对】
第五章 单元测试
1、单选题：In a market with a dominant firm, it makes sense to assume that ( )
A:
the dominant firm will set the industry price and the fringe firms will also make their price.
B:
the dominant firm will set the industry price and the fringe firms will take that price as given.
C:
none of the above
D:
the fringe firms will set the industry price and the dominant firm will take that price as given.
正确答案:【
the dominant firm will set the industry price and the fringe firms will take that price as given.
】
2、判断题：In US Steel model, we can find the dominant firm’s residual demand curve by subtracting the fringe supply curve from the total demand curve at every price greater than P = $25.
A:错
B:对
正确答案:【对】
3、单选题：According to the assumption of “ Entry is free” in the theory of contestable market, ( )
A:The rest of the choices are wrong
B:
Entrants could be on completely equal footing with established firms, but could not be with an established monopolist.
C:
Entrants could be on completely equal footing with established firms, even with an established monopolist.
D:
Entrants could not be on completely equal footing with established firms, even with an established monopolist.
正确答案:【
Entrants could be on completely equal footing with established firms, even with an established monopolist.
】
4、判断题：According to contestable market assumption, absolute entry implies that the entry lag is more than the price adjustment lag: a new firm can enter a market and sell its product before the established firms can react and change their prices.
A:对
B:错
正确答案:【错】
5、判断题：According to theory of contestable market assumption, the assumption of no sunk costs implies that a firm could sell its production facilities for their present value in a resale market or could use them in another market without any losses.
A:错
B:对
正确答案:【对】
6、单选题：If a consumer feels much better as more consumers use “wechat”, the network externality is ( )
A:
zero
B:
negative
C:
positive
D:
not sure
正确答案:【
positive
】
7、判断题：Negative Externality exists when consumers are better off as the number of users of the same brand increases
A:错
B:对
正确答案:【错】
8、判断题：Direct Network Externality refers to the benefit to an individual consumer depends directly on the number of other users of the product.
A:对
B:错
正确答案:【对】
9、判断题：Indirect Network Externality arises because of complementarity.
A:对
B:错
正确答案:【对】
10、判断题：In email’s application, it shows network externality and it should be negative.
A:错
B:对
正确答案:【错】
第六章 单元测试
1、判断题：Let X1 stand for a measure of market structure and
Y for a measure of economic profits, we can express the hypothesis about the relationship between market structure and profits using a simple linear equation as: , is an error term.
A:错
B:对
正确答案:【对】
2、单选题：In figure 1(a), hypothetical scatter diagram of data on Y(economic profits) and X1(market structure), the vertical distance between each data point and a straight line fitted through the observations is called the ( )
A:error term
B:residual
C:variance
D:deviation
正确答案:【residual】
3、判断题：The Lerner Index is difficult to estimate because data are lacking on firms’ marginal costs.
A:错
B:对
正确答案:【对】
4、判断题：Excess return on sales is the ratio of economic profits to sales cost.
A:对
B:错
正确答案:【错】
5、判断题：Economic profits are difficult to calculate.
A:对
B:错
正确答案:【对】
6、多选题：Tobin’s q has several advantages over rate of return measures ( ).
A:q is much less sensitive to errors in measuring its components than are profits.
B:q reflects the operations of the entire firm, creating complications for diversified firms.
C:The market value of a firm depends partly on risk, so q incorporates an adjustment for risk.
D:The numerator of q, market value, reflects expected future profits, whereas accounting data reflect only past profits.
正确答案:【q is much less sensitive to errors in measuring its components than are profits.;The market value of a firm depends partly on risk, so q incorporates an adjustment for risk.;The numerator of q, market value, reflects expected future profits, whereas accounting data reflect only past profits.】
7、判断题：In the measuring of capital requirements, typically measured by the estimated amount of capital required by a midpoint plant.
A:对
B:错
正确答案:【对】
8、多选题：Many economists have used proxies for entry barriers as independent variables in their regression equations. Commonly used measures of barriers to entry include the following ( ):
A:Research intensity
B:Economies of scale
C:Capital requirements
D:Product differentiation
正确答案:【Research intensity;Economies of scale;Capital requirements;Product differentiation】
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