DOWNLOAD THE Test Bank for Principles of Microeconomics 6th Edition Frank
s s s s s s s s s s
Chapter 02 Test Bank
s s s
Student:s
1. Ansindividualshassansabsolutesadvantagesinsproducingspizzassifsthatsindividual:
A. hassaslowersopportunityscostsofsproducingspizzassthansanyoneselse.
B. cansproducesmorespizzassinsasgivensamountsofstime sthansanyoneselse.
C. hassashighersopportunityscostsofsproducingspizzassthan sanyoneselse.
D. chargesstheslowestspricesforspizzas.
2. IfsAlshassansabsolutesadvantagesoversBethsinspreparingsmeals,sthen:
A. itstakessAlsmore stimestospreparesasmealsthansBeth.
B. thesproblemsofsscarcitysappliesstosBethsbutsnotstosAl.
C. Al'ssopportunity scostsofspreparingsasmealsis slowersthansissBeth's.
D. Alscanspreparesmoresmealssinsasgivenstimesperiod sthansBeth.
3. IfsLesscansproducestwospairssofspantsspershourswhile sEvascansproducesonespairspershour,sthensitsmustsbestruesthat:
A. Lesshassascomparativesadvantagesinsproducingspants.
B. Lesshassansabsolute sadvantagesinsproducingspants.
C. Evashassascomparativesadvantagesinsproducingspants.
D. Lesshassbothscomparative sandsabsolutesadvantagesinsproducingspants.
4. Ifsasnationscansproducesasmorescomputersspersyearsthansanysothersnation,sthatsnationshassa(n)s advantagesinsthesproductionsofscomputers.
A. comparative
B. absolute
C. relative
D. natural
5. Ifsyoushavesascomparativesadvantagesinsasparticularstask,sthen:
A. yousaresbettersatsitsthansotherspeople.
B. yousgivesupsmorestosaccomplishsthatstasksthansdosothers.
C. yousgive supslessstosaccomplishsthatstasksthansdosothers.
D. youshavesspecialized sinsthatstask,swhilesothersshavesnot.
mynursytest.store
, DOWNLOAD THE Test Bank for Principles of Microeconomics 6th Edition Frank
s s s s s s s s s s
6. Larryshassascomparativesadvantagesovershissclassmatessinswritingstermspaperssifshe:
A. canswritestermspaperssfastersthanshissclassmates.
B. hassansabsolutesadvantagesinswriting stermspapers.
C. alwayssearnssansAsonshisstermspapers.
D. hassaslowersopportunityscostsofswritingstermspaperssthanshissclassmates.
7. Ifsasnation shasstheslowestsopportunityscostsofsproducingsasgood,sthatsnationshas sa(n)s insthesproductionsofsthatsgood.
A. comparatives advantage
B. absolutesadvantage
C. comparativesadvantagesandsansabsolutesadvantage
D. absolutesadvantagesandspossiblysascomparativesadvantage.
8. Whichsofsthesfollowingsstatementssisstrue?
A. Absolutes advantages impliess comparatives advantage.
B. Comparatives advantages doess nots requires absolutes advantage.
C. Absolutes advantages requiress comparatives advantage.
D. Comparatives advantages requiress absolutes advantage.
9. IfsJanescansproduces3spairssofsshoesspershour,swhilesBobscansproduces2,sthens hassa(n)s advantagesinsproducingsshoes.
A. Jane;sabsolute
B. Jane;scomparative
C. Bob;sabsolute
D. Bob;scomparative
10. Referstosthestablesbelow.sAccordingstosthestable,sMarthashassthesabsolutesadvantagesin:
A. pies.
B. neitherspiessnorscakes.
C. cakes.
D. bothspiessandscakes.
mynursytest.store
, DOWNLOAD THE Test Bank for Principles of Microeconomics 6th Edition Frank
s s s s s s s s s s
11. Referstosthestablesbelow.sAccordingstosthestable,sJuliashassthesabsolutesadvantagesin:
A. pies.
B. neitherspiessnorscakes.
C. cakes.
D. bothspiessandscakes.
12. Referstosthestablesbelow.sMartha'ssopportunityscostsofsmakingsofsaspiesis:
A. 3/4sofsascake.
B. 4/3sofsascake.
C. 8scakes.
D. 80scakes.
mynursytest.store
, DOWNLOAD THE Test Bank for Principles of Microeconomics 6th Edition Frank
s s s s s s s s s s
13.sReferstosthe stablesbelow.sMartha'ssopportunityscostsofsmakingsascakesis:
A. 3/4sofsaspie.
B. 4/3sofsaspie.
C. 6spies.
D. 60spies.
14. Referstosthestablesbelow.sJulia'ssopportunityscostsofsmaking saspiesis:
A. 60scakes
B. 6scakes
C. 6/5sofsascake
D. 5/6sofsascake
mynursytest.store
s s s s s s s s s s
Chapter 02 Test Bank
s s s
Student:s
1. Ansindividualshassansabsolutesadvantagesinsproducingspizzassifsthatsindividual:
A. hassaslowersopportunityscostsofsproducingspizzassthansanyoneselse.
B. cansproducesmorespizzassinsasgivensamountsofstime sthansanyoneselse.
C. hassashighersopportunityscostsofsproducingspizzassthan sanyoneselse.
D. chargesstheslowestspricesforspizzas.
2. IfsAlshassansabsolutesadvantagesoversBethsinspreparingsmeals,sthen:
A. itstakessAlsmore stimestospreparesasmealsthansBeth.
B. thesproblemsofsscarcitysappliesstosBethsbutsnotstosAl.
C. Al'ssopportunity scostsofspreparingsasmealsis slowersthansissBeth's.
D. Alscanspreparesmoresmealssinsasgivenstimesperiod sthansBeth.
3. IfsLesscansproducestwospairssofspantsspershourswhile sEvascansproducesonespairspershour,sthensitsmustsbestruesthat:
A. Lesshassascomparativesadvantagesinsproducingspants.
B. Lesshassansabsolute sadvantagesinsproducingspants.
C. Evashassascomparativesadvantagesinsproducingspants.
D. Lesshassbothscomparative sandsabsolutesadvantagesinsproducingspants.
4. Ifsasnationscansproducesasmorescomputersspersyearsthansanysothersnation,sthatsnationshassa(n)s advantagesinsthesproductionsofscomputers.
A. comparative
B. absolute
C. relative
D. natural
5. Ifsyoushavesascomparativesadvantagesinsasparticularstask,sthen:
A. yousaresbettersatsitsthansotherspeople.
B. yousgivesupsmorestosaccomplishsthatstasksthansdosothers.
C. yousgive supslessstosaccomplishsthatstasksthansdosothers.
D. youshavesspecialized sinsthatstask,swhilesothersshavesnot.
mynursytest.store
, DOWNLOAD THE Test Bank for Principles of Microeconomics 6th Edition Frank
s s s s s s s s s s
6. Larryshassascomparativesadvantagesovershissclassmatessinswritingstermspaperssifshe:
A. canswritestermspaperssfastersthanshissclassmates.
B. hassansabsolutesadvantagesinswriting stermspapers.
C. alwayssearnssansAsonshisstermspapers.
D. hassaslowersopportunityscostsofswritingstermspaperssthanshissclassmates.
7. Ifsasnation shasstheslowestsopportunityscostsofsproducingsasgood,sthatsnationshas sa(n)s insthesproductionsofsthatsgood.
A. comparatives advantage
B. absolutesadvantage
C. comparativesadvantagesandsansabsolutesadvantage
D. absolutesadvantagesandspossiblysascomparativesadvantage.
8. Whichsofsthesfollowingsstatementssisstrue?
A. Absolutes advantages impliess comparatives advantage.
B. Comparatives advantages doess nots requires absolutes advantage.
C. Absolutes advantages requiress comparatives advantage.
D. Comparatives advantages requiress absolutes advantage.
9. IfsJanescansproduces3spairssofsshoesspershour,swhilesBobscansproduces2,sthens hassa(n)s advantagesinsproducingsshoes.
A. Jane;sabsolute
B. Jane;scomparative
C. Bob;sabsolute
D. Bob;scomparative
10. Referstosthestablesbelow.sAccordingstosthestable,sMarthashassthesabsolutesadvantagesin:
A. pies.
B. neitherspiessnorscakes.
C. cakes.
D. bothspiessandscakes.
mynursytest.store
, DOWNLOAD THE Test Bank for Principles of Microeconomics 6th Edition Frank
s s s s s s s s s s
11. Referstosthestablesbelow.sAccordingstosthestable,sJuliashassthesabsolutesadvantagesin:
A. pies.
B. neitherspiessnorscakes.
C. cakes.
D. bothspiessandscakes.
12. Referstosthestablesbelow.sMartha'ssopportunityscostsofsmakingsofsaspiesis:
A. 3/4sofsascake.
B. 4/3sofsascake.
C. 8scakes.
D. 80scakes.
mynursytest.store
, DOWNLOAD THE Test Bank for Principles of Microeconomics 6th Edition Frank
s s s s s s s s s s
13.sReferstosthe stablesbelow.sMartha'ssopportunityscostsofsmakingsascakesis:
A. 3/4sofsaspie.
B. 4/3sofsaspie.
C. 6spies.
D. 60spies.
14. Referstosthestablesbelow.sJulia'ssopportunityscostsofsmaking saspiesis:
A. 60scakes
B. 6scakes
C. 6/5sofsascake
D. 5/6sofsascake
mynursytest.store
