[ { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 1, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 1, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In which of the following situations is a good NOT scarce?", "local_stem": "In which of the following situations is a good NOT scarce?", "web_options": [ "Consumer give up nothing to obtain more of the good.", "Consumer can purchase as much of the good as they want at its current market price.", "Large quantities of the good are available in the marketplace.", "There is a surplus of the good at some positive price.", "There is a shortage of the good at some positive price." ], "local_options": [ "Consumer give up nothing to obtain more of the good.", "Consumer can purchase as much of the good as they want at its current market price.", "Large quantities of the good are available in the marketplace.", "There is a surplus of the good at some positive price.", "There is a shortage of the good at some positive price." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 1 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 2, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 2, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "As a factor of production, capital refers to the", "local_stem": "As a factor of production, capital refers to the", "web_options": [ "money available to start a business", "stocks and bonds issued by businesses to raise funds", "financial investment of businesses", "currency in circulation and deposits in financial institutions", "tools and machinery used to produce goods and services" ], "local_options": [ "money available to start a business", "stocks and bonds issued by businesses to raise funds", "financial investment of businesses", "currency in circulation and deposits in financial institutions", "tools and machinery used to produce goods and services" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 1 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 3, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 3, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is necessary in a well-functioning capitalist economy but not in a command economy?", "local_stem": "Which of the following is necessary in a well-functioning capitalist economy but not in a command economy?", "web_options": [ "Centralized decision making", "Scarcity of resources", "Monopolies", "Protection of property rights", "Positive externalities" ], "local_options": [ "Centralized decision making", "Scarcity of resources", "Monopolies", "Protection of property rights", "Positive externalities" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 1 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 4, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 4, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is associated with a command economy?", "local_stem": "Which of the following is associated with a command economy?", "web_options": [ "Competitive product markets", "Use of resources for private gain", "Use of available resources to meet all the needs and wants of its citizens", "Entry of firms into industries with economic profit", "Public ownership of the means of production" ], "local_options": [ "Competitive product markets", "Use of resources for private gain", "Use of available resources to meet all the needs and wants of its citizens", "Entry of firms into industries with economic profit", "Public ownership of the means of production" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 1 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 5, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 5, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume there are two goods in a market economy. The amount of each good produced is determined by", "local_stem": "Assume there are two goods in a market economy. The amount of each good produced is determined by", "web_options": [ "buyers and sellers’ interactions in the market for each good", "a central planning agency", "the desires of households only", "each citizen's minimum needs for survival", "popular voting with one vote per citizen" ], "local_options": [ "buyers and sellers’ interactions in the market for each good", "a central planning agency", "the desires of households only", "each citizen's minimum needs for survival", "popular voting with one vote per citizen" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 1 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 6, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 6, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Command economies differ from capitalist economies mainly because of which of the following?", "local_stem": "Command economies differ from capitalist economies mainly because of which of the following?", "web_options": [ "Command economies have higher prices for oil.", "Capitalist economies have higher prices for oil.", "Command economies have higher degree of government ownership of resources.", "Capitalist economies have higher degree of government ownership of resources.", "Command economies rely on prices to allocate resources." ], "local_options": [ "Command economies have higher prices for oil.", "Capitalist economies have higher prices for oil.", "Command economies have higher degree of government ownership of resources.", "Capitalist economies have higher degree of government ownership of resources.", "Command economies rely on prices to allocate resources." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 2 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 7, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 7, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In contrast to a market economy, a command economy relies on which of the following?", "local_stem": "In contrast to a market economy, a command economy relies on which of the following?", "web_options": [ "The private sector in deciding what goods will be produced", "Private ownership of resources", "Profits as incentives to make choices", "The government to allocate resources", "Supply and demand to determine prices" ], "local_options": [ "The private sector in deciding what goods will be produced", "Private ownership of resources", "Profits as incentives to make choices", "The government to allocate resources", "Supply and demand to determine prices" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 2 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 8, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 8, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In a command economy, the quantity of computers produced would be determined by", "local_stem": "In a command economy, the quantity of computers produced would be determined by", "web_options": [ "factory owners", "the government", "consumers and producers", "international trade", "the wealthy" ], "local_options": [ "factory owners", "the government", "consumers and producers", "international trade", "the wealthy" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 2 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 9, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 9, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The study of economics is primarily concerned with which of the following?", "local_stem": "The study of economics is primarily concerned with which of the following?", "web_options": [ "The testing of hypotheses under controlled conditions", "The allocation of scarce resources, given unlimited wants", "The fair and equal treatment of all households", "The provision of conclusive answers to public policy issues", "The development of the dynamics of group behavior" ], "local_options": [ "The testing of hypotheses under controlled conditions", "The allocation of scarce resources, given unlimited wants", "The fair and equal treatment of all households", "The provision of conclusive answers to public policy issues", "The development of the dynamics of group behavior" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 2 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 10, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 10, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Scarcity is correctly described by which of the following statements? I. Scarcity exists if there are more uses for resources than can be satisfied at one time. II. Scarcity exists if decisions must be made about alternative uses for resources. III. Scarcity would not exist in a society in which people wanted to help others instead of themselves.", "local_stem": "Scarcity is correctly described by which of the following statements?\nI. Scarcity exists if there are more uses for resources than can be satisfied at one time.\nII. Scarcity exists if decisions must be made about alternative uses for resources.\nIII. Scarcity would not exist in a society in which people wanted to help others instead of themselves.", "web_options": [ "I only", "II only", "III only", "I and II only", "I, II, and III" ], "local_options": [ "I only", "II only", "III only", "I and II only", "I, II, and III" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 2 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 11, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 11, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The study of economics exists because people are confronted with the basic problem of", "local_stem": "The study of economics exists because people are confronted with the basic problem of", "web_options": [ "elasticity", "negative externality", "scarcity", "overabundance", "monopoly" ], "local_options": [ "elasticity", "negative externality", "scarcity", "overabundance", "monopoly" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 3 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 12, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 12, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The basic economic problem of all countries is the existence of", "local_stem": "The basic economic problem of all countries is the existence of", "web_options": [ "tax increases and budget deficits", "limited resources and unlimited wants", "unemployment and inflation", "government and private industry", "unions and monopoly firms" ], "local_options": [ "tax increases and budget deficits", "limited resources and unlimited wants", "unemployment and inflation", "government and private industry", "unions and monopoly firms" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 3 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 13, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 13, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The fundamental difference between a market economy and a command economy lies in which of the following?", "local_stem": "The fundamental difference between a market economy and a command economy lies in which of the following?", "web_options": [ "Property rights and protection of private property", "Absolute and comparative advantages", "Specialization and trade", "Taxes and subsidies", "Positive and negative externalities" ], "local_options": [ "Property rights and protection of private property", "Absolute and comparative advantages", "Specialization and trade", "Taxes and subsidies", "Positive and negative externalities" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 3 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 14, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 14, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following describes a factor of production that is not fully scarce and that can be used simultaneously in the production of more than one good?", "local_stem": "Which of the following describes a factor of production that is not fully scarce and that can be used simultaneously\nin the production of more than one good?", "web_options": [ "Machines that can produce both clothing and bedsheets", "Unskilled labor needed to produce all goods", "Basic knowledge that enhances the organization of all manufacturing assembly lines", "Land that is cultivated for two crops by more than one farmer", "Labor that has received enhanced training in assembly-line work" ], "local_options": [ "Machines that can produce both clothing and bedsheets", "Unskilled labor needed to produce all goods", "Basic knowledge that enhances the organization of all manufacturing assembly lines", "Land that is cultivated for two crops by more than one farmer", "Labor that has received enhanced training in assembly-line work" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 3 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 15, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 15, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is NOT an example of physical capital?", "local_stem": "Which of the following is NOT an example of physical capital?", "web_options": [ "A delivery truck", "A warehouse", "Office furniture", "Machinery", "Land" ], "local_options": [ "A delivery truck", "A warehouse", "Office furniture", "Machinery", "Land" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 3 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 16, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 16, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true in a capitalist economy?", "local_stem": "Which of the following is true in a capitalist economy?", "web_options": [ "The factors of production are collectively owned.", "The factors of production are distributed according to needs.", "The prices of goods and services are usually determined by the government.", "The prices of goods and services are set so that an equitable distribution of private property is achieved.", "Prices serve as incentives for factors of production to move to the markets where they are most valued." ], "local_options": [ "The factors of production are collectively owned.", "The factors of production are distributed according to needs.", "The prices of goods and services are usually determined by the government.", "The prices of goods and services are set so that an equitable distribution of private property is achieved.", "Prices serve as incentives for factors of production to move to the markets where they are most valued." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 4 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 17, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 17, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Relative to a command economy, resources in a market economy are more commonly allocated by", "local_stem": "Relative to a command economy, resources in a market economy are more commonly allocated by", "web_options": [ "democratic elections", "government planning", "the price system", "established traditions", "a system of checks and balances" ], "local_options": [ "democratic elections", "government planning", "the price system", "established traditions", "a system of checks and balances" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 4 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 18, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 18, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is the defining characteristic of a capitalistic economy?", "local_stem": "Which of the following is the defining characteristic of a capitalistic economy?", "web_options": [ "Well-functioning capital markets", "Private ownership and protection of property rights", "Fair distribution of income and low income taxes", "Equality of opportunity", "Efficient allocation of resources" ], "local_options": [ "Well-functioning capital markets", "Private ownership and protection of property rights", "Fair distribution of income and low income taxes", "Equality of opportunity", "Efficient allocation of resources" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 4 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 19, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 19, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is a defining characteristic of a market economy?", "local_stem": "Which of the following is a defining characteristic of a market economy?", "web_options": [ "Private ownership of resources", "Equitable distribution of income", "Taxation of personal income", "Reliance on public goods", "Government-guided resource allocation" ], "local_options": [ "Private ownership of resources", "Equitable distribution of income", "Taxation of personal income", "Reliance on public goods", "Government-guided resource allocation" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 4 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 20, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 20, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The basic economic problem of all economies is essentially one of deciding how to make the best use of", "local_stem": "The basic economic problem of all economies is essentially one of deciding how to make the best use of", "web_options": [ "unlimited resources to satisfy unlimited wants", "limited resources to satisfy unlimited wants", "unlimited resources to satisfy limited wants", "limited resources to satisfy limited wants", "limited resources to provide public goods" ], "local_options": [ "unlimited resources to satisfy unlimited wants", "limited resources to satisfy unlimited wants", "unlimited resources to satisfy limited wants", "limited resources to satisfy limited wants", "limited resources to provide public goods" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 4 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 21, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 21, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Individual private property rights provide people incentives to", "local_stem": "Individual private property rights provide people incentives to", "web_options": [ "meet societal goals rather than pursue their own self-interest", "produce goods and services regardless of market demand", "achieve equitable distribution of goods and services through competitive markets", "focus only on benefits without regard to costs", "produce goods and services that are valued in markets" ], "local_options": [ "meet societal goals rather than pursue their own self-interest", "produce goods and services regardless of market demand", "achieve equitable distribution of goods and services through competitive markets", "focus only on benefits without regard to costs", "produce goods and services that are valued in markets" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 4 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 22, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 22, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements describes an economy confronting scarcity?", "local_stem": "Which of the following statements describes an economy confronting scarcity?", "web_options": [ "If more of one good is produced, less of another good must be produced.", "An economy can produce a limitless amount of all goods.", "All individuals are able to satisfy their consumption desires.", "Scarcity is eliminated by government provision of goods.", "Scarcity only exists as a problem when there is more than one good to produce." ], "local_options": [ "If more of one good is produced, less of another good must be produced.", "An economy can produce a limitless amount of all goods.", "All individuals are able to satisfy their consumption desires.", "Scarcity is eliminated by government provision of goods.", "Scarcity only exists as a problem when there is more than one good to produce." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 5 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 23, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 23, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Individuals and societies must make choices regarding which goods and services will be produced and consumed because", "local_stem": "Individuals and societies must make choices regarding which goods and services will be produced and consumed\nbecause", "web_options": [ "unlimited wants can only be satisfied by allocating resources efficiently", "resources are insufficient to satisfy the unlimited wants of people", "allocating scarce resources efficiently reduces the equitable distribution of goods", "income is not equally distributed to ensure that everyone can participate in the market", "a country cannot have a comparative advantage in the production of all goods" ], "local_options": [ "unlimited wants can only be satisfied by allocating resources efficiently", "resources are insufficient to satisfy the unlimited wants of people", "allocating scarce resources efficiently reduces the equitable distribution of goods", "income is not equally distributed to ensure that everyone can participate in the market", "a country cannot have a comparative advantage in the production of all goods" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 5 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 24, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 24, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "People must make choices among available options because people", "local_stem": "People must make choices among available options because people", "web_options": [ "are irrational", "have limited wants", "have limited resources", "are not provided goods by the government", "do not receive positive benefits from consuming certain goods" ], "local_options": [ "are irrational", "have limited wants", "have limited resources", "are not provided goods by the government", "do not receive positive benefits from consuming certain goods" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 25, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 25, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Individuals in any society must make choices regarding the types of goods and services to be produced because", "local_stem": "Individuals in any society must make choices regarding the types of goods and services to be produced because", "web_options": [ "free markets do not always allocate resources efficiently", "free markets only satisfy the demands of paying consumers", "opportunity costs increase as more of a good or service is produced", "resources are scarce and human wants are unlimited", "resources must be allocated for the benefit of the entire society" ], "local_options": [ "free markets do not always allocate resources efficiently", "free markets only satisfy the demands of paying consumers", "opportunity costs increase as more of a good or service is produced", "resources are scarce and human wants are unlimited", "resources must be allocated for the benefit of the entire society" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 5 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 26, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 26, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The allocation of resources in a market economy is described by which of the following statements? I. The government decides which goods will be produced and which consumers will receive them. II. Buyers and sellers exchange goods and services on a voluntary basis. III. Prices and costs help producers decide whether they are producing too little or too much of a good.", "local_stem": "The allocation of resources in a market economy is described by which of the following statements?\nI. The government decides which goods will be produced and which consumers will receive them.\nII. Buyers and sellers exchange goods and services on a voluntary basis.\nIII. Prices and costs help producers decide whether they are producing too little or too much of a good.", "web_options": [ "I only.", "II only.", "III only.", "I and III only.", "II and III only." ], "local_options": [ "I only.", "II only.", "III only.", "I and III only.", "II and III only." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 6 }, { "bank_id": "73", "bank": "Unit 1 Basic econ concepts", "section": 1, "web_number": 27, "local_file": "unit 1 basic econ concepts/basic conecpt.pdf", "local_number": 27, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume an economy is using all its available resources efficiently to produce only two goods, X and Y. As more of good X is produced, what happens to the production of good Y?", "local_stem": "Assume an economy is using all its available resources efficiently to produce only two goods, X and Y. As more of\ngood X is produced, what happens to the production of good Y?", "web_options": [ "The production of good Y also increases.", "More resources will need to be devoted to producing good Y.", "Less of good Y is produced as resources move from producing good Y to producing good X.", "The economy can only produce more of good X if there is more labor available.", "There will be no loss of good Y produced." ], "local_options": [ "The production of good Y also increases.", "More resources will need to be devoted to producing good Y.", "Less of good Y is produced as resources move from producing good Y to producing good X.", "The economy can only produce more of good X if there is more labor available.", "There will be no loss of good Y produced." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 6 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 1, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 1, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A country produces computers and rice. If resources are fully employed and there is technological progress only in the production of rice, the opportunity costs of producing computers and rice will change in which of the following ways?", "local_stem": "A country produces computers and rice. If resources are fully employed and there is technological progress only in\nthe production of rice, the opportunity costs of producing computers and rice will change in which of the following\nways?", "web_options": [ "Opportunity Cost of Computers Opportunity Cost of Rice Increase Increase", "Opportunity Cost of Computers Opportunity Cost of Rice Increase Decrease", "Opportunity Cost of Computers Opportunity Cost of Rice No change Decrease", "Opportunity Cost of Computers Opportunity Cost of Rice Decrease Increase", "Opportunity Cost of Computers Opportunity Cost of Rice Decrease Decrease" ], "local_options": [ "Opportunity Cost of Computers\nOpportunity Cost of Rice\nIncrease\nIncrease", "Opportunity Cost of Computers\nOpportunity Cost of Rice\nIncrease\nDecrease", "Opportunity Cost of Computers\nOpportunity Cost of Rice\nNo change\nDecrease", "Opportunity Cost of Computers\nOpportunity Cost of Rice\nDecrease\nIncrease", "Opportunity Cost of Computers\nOpportunity Cost of Rice\nDecrease\nDecrease" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 1 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 2, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 2, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Cindy and Martin both sew t-shirts in a small factory. Using the same resources, Martin can sew twelve t-shirts and Cindy can sew nine t-shirts in one day. Which of the following can be concluded from the given information?", "local_stem": "Cindy and Martin both sew t-shirts in a small factory. Using the same resources, Martin can sew twelve t-shirts and\nCindy can sew nine t-shirts in one day. Which of the following can be concluded from the given information?", "web_options": [ "Martin has a higher opportunity cost of sewing t-shirts than Cindy does.", "Cindy has a comparative advantage in sewing t-shirts.", "Martin has a comparative advantage in sewing t-shirts.", "Martin has an absolute advantage in sewing t-shirts.", "Cindy has an absolute advantage in sewing t-shirts." ], "local_options": [ "Martin has a higher opportunity cost of sewing t-shirts than Cindy does.", "Cindy has a comparative advantage in sewing t-shirts.", "Martin has a comparative advantage in sewing t-shirts.", "Martin has an absolute advantage in sewing t-shirts.", "Cindy has an absolute advantage in sewing t-shirts." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 1 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 3, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 3, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Both Amy and Brad produce and consume apple pie and ice cream. In one hour, Brad makes five apple pies or ten gallons of ice cream while Amy makes fifteen apple pies or fifteen gallons of ice cream. Based on the above information, one can correctly conclude that", "local_stem": "Both Amy and Brad produce and consume apple pie and ice cream. In one hour, Brad makes five apple pies or ten\ngallons of ice cream while Amy makes fifteen apple pies or fifteen gallons of ice cream. Based on the above\ninformation, one can correctly conclude that", "web_options": [ "Brad has an absolute advantage in making ice cream and will sell ice cream to Amy", "Brad has a comparative advantage in making ice cream and will sell ice cream to Amy", "Brad does not have a comparative advantage in making either good and will not trade with Amy", "Brad has an absolute advantage in making apple pies but a comparative advantage in making ice cream", "Brad’s opportunity cost of making ice cream is higher than Amy’s" ], "local_options": [ "Brad has an absolute advantage in making ice cream and will sell ice cream to Amy", "Brad has a comparative advantage in making ice cream and will sell ice cream to Amy", "Brad does not have a comparative advantage in making either good and will not trade with Amy", "Brad has an absolute advantage in making apple pies but a comparative advantage in making ice cream", "Brad’s opportunity cost of making ice cream is higher than Amy’s" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 1 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 4, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 4, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the amount of labor required to produce a unit of corn and a unit of shoes in Brazil and Spain. If both countries have equal numbers of workers, what pattern of international trade between Brazil and Spain is most likely to emerge?", "local_stem": "The table above shows the amount of labor required to produce a unit of corn and a unit of shoes in Brazil and\nSpain. If both countries have equal numbers of workers, what pattern of international trade between Brazil and\nSpain is most likely to emerge?", "web_options": [ "Brazil will export both corn and shoes.", "Spain will export both corn and shoes.", "No mutually beneficial trade can occur.", "Brazil will export corn and import shoes.", "Brazil will import corn and export shoes." ], "local_options": [ "Brazil will export both corn and shoes.", "Spain will export both corn and shoes.", "No mutually beneficial trade can occur.", "Brazil will export corn and import shoes.", "Brazil will import corn and export shoes." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/96881344769811125692.png" ], "answer": "D", "download_pdf_page": 2 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 5, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 5, "local_page": 2, "stem_similarity": 0.8541, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table provided shows the number of labor hours required to produce a cell phone or a unit of lumber in Estonia and in Finland. Based on the information in the table, which of the following is true?", "local_stem": "The table provided shows the number of labor hours required to produce a cell phone or a unit of\nlumber in Estonia and in Finland.\nCell Phone\nUnit of Lumber\nEstonia\nhours\nhours\nFinland\nhours\nhours\nBased on the information in the table, which of the following is true?", "web_options": [ "Estonia has a comparative advantage in producing lumber.", "Finland has a comparative advantage in producing cell phones.", "Finland has an absolute advantage in producing lumber.", "Estonia has both the absolute and comparative advantages in producing lumber.", "Neither country has a comparative advantage in producing cell phones." ], "local_options": [ "Estonia has a comparative advantage in producing lumber.", "Finland has a comparative advantage in producing cell phones.", "Finland has an absolute advantage in producing lumber.", "Estonia has both the absolute and comparative advantages in producing lumber.", "Neither country has a comparative advantage in producing cell phones." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/63750536440541712180.png" ], "answer": "C", "download_pdf_page": 2 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 6, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 6, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 0.9, 0.3186, 0.7363, 0.2791, 0.6144 ], "status": "已确认实质差异", "web_stem": "A professor hires two aides, assigning them the tasks of reading student papers and of typing lecture notes on a computer. One of the aides, Ben, can read 1 page of a student paper per minute or type 50 words of lecture notes per minute, and the other aide, Ann, can read 3 pages of a student paper per minute or type 60 words of lecture notes per minute. Which of the following statements is true?", "local_stem": "A professor hires two aides, assigning them the tasks of reading student papers and of typing lecture notes on a\ncomputer. One of the aides, Ben, can read 1 page of a student paper per minute or type 50 words of lecture notes per\nminute, and the other aide, Ann, can read 3 pages of a student paper per minute or type 60 words of lecture notes\nper minute.\nWhich of the following statements is true?", "web_options": [ "Ann has a comparative advantage in reading student papers, and Ben has a comparative advantage in", "typing lecture notes.", "Ann has an absolute advantage in reading student papers, and Ben has an absolute advantage in typing", "lecture notes.", "Ben has a comparative advantage in reading student papers, and Ann has a comparative advantage in" ], "local_options": [ "Ann has a comparative advantage in reading student papers, and Ben has a comparative advantage in typing\nlecture notes.", "Ann has an absolute advantage in reading student papers, and Ben has an absolute advantage in typing\nlecture notes.", "Ben has a comparative advantage in reading student papers, and Ann has a comparative advantage in typing\nlecture notes.", "Ben has a comparative advantage in both reading student papers and typing lecture notes.", "Ben has an absolute advantage in both reading student papers and typing lecture notes." ], "web_passage": "", "web_images": [], "answer": "A", "difference": "选项拆分错误：山猫 B、D 项只是上一项的续行；完整原题的 D、E 项没有正确保留。", "download_pdf_page": 2 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 7, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 7, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A linear production possibilities curve indicates which of the following?", "local_stem": "A linear production possibilities curve indicates which of the following?", "web_options": [ "Constant opportunity costs", "Decreasing opportunity costs", "Increasing opportunity costs", "Diminishing marginal returns", "Labor-intensive production" ], "local_options": [ "Constant opportunity costs", "Decreasing opportunity costs", "Increasing opportunity costs", "Diminishing marginal returns", "Labor-intensive production" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 3 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 8, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 8, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A farmer in Country A can harvest 20 bushels of wheat or 10 bushels of corn in a day, while a farmer in Country B can harvest 8 bushels of wheat or 8 bushels of corn in a day. If Country A and Country B specialize and trade, Country A will", "local_stem": "A farmer in Country A can harvest 20 bushels of wheat or 10 bushels of corn in a day, while a farmer in Country B\ncan harvest 8 bushels of wheat or 8 bushels of corn in a day. If Country A and Country B specialize and trade,\nCountry A will", "web_options": [ "export wheat and import corn", "export corn and import wheat", "export both wheat and corn", "import both wheat and corn", "benefit more from trade than will Country B" ], "local_options": [ "export wheat and import corn", "export corn and import wheat", "export both wheat and corn", "import both wheat and corn", "benefit more from trade than will Country B" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 3 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 9, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 9, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Country Opportunity Cost of 1 Ton of Apples Opportunity Cost of 1 Ton of Oranges X 1 ton of oranges 1 ton of apples Y 2 tons of oranges 0.5 ton of apples The table above shows the opportunity costs of producing apples and oranges in Countries X and Y. Which of the following can be concluded based on the data given in the table?", "local_stem": "Country\nOpportunity Cost of 1 Ton of Apples\nOpportunity Cost of 1 Ton of Oranges\nX\n1 ton of oranges\n1 ton of apples\nY\n2 tons of oranges\n0.5 ton of apples\nThe table above shows the opportunity costs of producing apples and oranges in Countries X and Y. Which of the\nfollowing can be concluded based on the data given in the table?", "web_options": [ "Country Y has an absolute advantage in producing both goods.", "Country Y has a comparative advantage in producing both goods.", "Country X has an absolute advantage in producing both goods.", "Country X has a comparative advantage in producing oranges.", "Country X has a comparative advantage in producing apples." ], "local_options": [ "Country Y has an absolute advantage in producing both goods.", "Country Y has a comparative advantage in producing both goods.", "Country X has an absolute advantage in producing both goods.", "Country X has a comparative advantage in producing oranges.", "Country X has a comparative advantage in producing apples." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 3 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 10, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 10, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the information in the table above, which of the following statements is true if both countries have the same number of workers?", "local_stem": "According to the information in the table above, which of the following statements is true if both countries have the\nsame number of workers?", "web_options": [ "Country A has both an absolute and a comparative advantage in manufactured goods.", "Country A has an absolute advantage in manufactured goods but a comparative advantage in service goods.", "Country B has a comparative advantage in service goods but no absolute advantage in either good.", "Country A has an absolute advantage in service goods but a comparative advantage in manufactured goods.", "Country B has an absolute advantage in manufactured goods, but without more information, it is not possible to tell in which product it has a comparative advantage." ], "local_options": [ "Country A has both an absolute and a comparative advantage in manufactured goods.", "Country A has an absolute advantage in manufactured goods but a comparative advantage in service goods.", "Country B has a comparative advantage in service goods but no absolute advantage in either good.", "Country A has an absolute advantage in service goods but a comparative advantage in manufactured goods.", "Country B has an absolute advantage in manufactured goods, but without more information, it is not possible\nto tell in which product it has a comparative advantage." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/58720343308671167249.png" ], "answer": "B", "download_pdf_page": 3 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 12, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 11, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.9659 ], "status": "题干与选项文字一致", "web_stem": "Dana and Robin produce smoothies and pizza. In one hour Dana can make 20 smoothies or 10 pizzas. In one hour Robin can make 18 smoothies or 6 pizzas. Which of the following statements is true?", "local_stem": "Dana and Robin produce smoothies and pizza. In one hour Dana can make 20 smoothies or 10 pizzas. In one hour\nRobin can make 18 smoothies or 6 pizzas. Which of the following statements is true?", "web_options": [ "Robin has an absolute advantage in making smoothies and a comparative advantage in making pizzas.", "Robin has both an absolute advantage and a comparative advantage in making pizzas.", "Dana has a comparative advantage in making both smoothies and pizzas.", "Dana has a comparative advantage in making pizzas, and Robin has a comparative advantage in making smoothies.", "Dana has a comparative advantage in making smoothies, and Robin has a comparative advantage in making pizzas." ], "local_options": [ "Robin has an absolute advantage in making smoothies and a comparative advantage in making pizzas.", "Robin has both an absolute advantage and a comparative advantage in making pizzas.", "Dana has a comparative advantage in making both smoothies and pizzas.", "Dana has a comparative advantage in making pizzas, and Robin has a comparative advantage in making\nsmoothies.", "Dana has a comparative advantage in making smoothies, and Robin has a comparative advantage in making\npizzas." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 4 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 13, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 12, "local_page": 5, "stem_similarity": 0.9888, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "轻微文字差异", "web_stem": "Of the feasible and efficient points on the production possibilities curve ( PPC )above, producing at which point will lead to the most economic growth in the future?", "local_stem": "Of the feasible and efficient points on the production possibilities curve\nabove, producing at which point\nwill lead to the most economic growth in the future?", "web_options": [ "Point M", "Point N", "Point R", "Point J", "Point S" ], "local_options": [ "Point M", "Point N", "Point R", "Point J", "Point S" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/02681651278132362876.png" ], "answer": "B", "difference": "网站在 production possibilities curve 后补了缩写 (PPC)，不改变题意。", "download_pdf_page": 4 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 14, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 13, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 0.9899, 0.9899 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Where on a graph of a production possibilities curve would a point showing that an economy is using its resources efficiently be located?", "local_stem": "Where on a graph of a production possibilities curve would a point showing that an economy is using its resources\nefficiently be located?", "web_options": [ "On the production possibilities curve", "Inside the production possibilities curve", "Beyond the production possibilities curve", "On the y -axis and below the production possibilities curve", "On the x -axis and below the production possibilities curve" ], "local_options": [ "On the production possibilities curve", "Inside the production possibilities curve", "Beyond the production possibilities curve", "On the\n-axis and below the production possibilities curve", "On the\n-axis and below the production possibilities curve" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 5 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 15, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 14, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The diagram above shows an economy's current production possibilities curve for capital goods and consumer goods. If society chooses point B over point A, society is choosing", "local_stem": "The diagram above shows an economy's current production possibilities curve for capital goods and consumer\ngoods. If society chooses point B over point A, society is choosing", "web_options": [ "more future consumption in exchange for less current consumption", "more current capital goods in exchange for less future consumption", "more future and current consumption", "less future consumption in exchange for more current consumption", "less current capital goods in exchange for greater future consumption" ], "local_options": [ "more future consumption in exchange for less current consumption", "more current capital goods in exchange for less future consumption", "more future and current consumption", "less future consumption in exchange for more current consumption", "less current capital goods in exchange for greater future consumption" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/23390393489000238429.png" ], "answer": "A", "download_pdf_page": 5 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 16, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 15, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The chart below shows the number of resource units the countries Gamma and Omega must use to produce one unit of food or one unit of clothing. Which of the following statements is true according to the chart above?", "local_stem": "The chart below shows the number of resource units the countries Gamma and Omega must use to produce one unit\nof food or one unit of clothing.\nWhich of the following statements is true according to the chart above?", "web_options": [ "Trade should take place, with Gamma specializing in clothing production and Omega specializing in food production.", "Trade should take place, with Gamma specializing in food production and Omega specializing in clothing production.", "Each country should devote half of its resources to food production and half to clothing production and not trade.", "Since Omega can produce both food and clothing using fewer resources than Gamma, it cannot benefit from trade with Gamma", "Since Gamma can produce both food and clothing using fewer resources than Omega, it cannot benefit trade with Omega." ], "local_options": [ "Trade should take place, with Gamma specializing in clothing production and Omega specializing in food\nproduction.", "Trade should take place, with Gamma specializing in food production and Omega specializing in clothing\nproduction.", "Each country should devote half of its resources to food production and half to clothing production and not\ntrade.", "Since Omega can produce both food and clothing using fewer resources than Gamma, it cannot benefit from\ntrade with Gamma", "Since Gamma can produce both food and clothing using fewer resources than Omega, it cannot benefit trade\nwith Omega." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/90980681160238217631.png" ], "answer": "B", "download_pdf_page": 5 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 17, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 16, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows an economy's production possibilities frontier for the production of two goods, X and Y. Assume that the economy is currently at point B. The opportunity cost of moving from point B to point C is", "local_stem": "The graph above shows an economy's production possibilities frontier for the production of two goods, X and Y.\nAssume that the economy is currently at point B. The opportunity cost of moving from point B to point C is", "web_options": [ "AH units of good Y", "HG units of good Y", "OG units of good Y", "EF units of good X", "OF units good X" ], "local_options": [ "AH units of good Y", "HG units of good Y", "OG units of good Y", "EF units of good X", "OF units good X" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/45801836217818109399.png" ], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 18, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 17, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Improvements in technology for producing all goods must result in", "local_stem": "Improvements in technology for producing all goods must result in", "web_options": [ "an inward shift in the production possibilities curve", "an outward shift in the production possibilities curve", "a flatter production possibilities curve", "a steeper production possibilities curve", "greater unemployment of labor" ], "local_options": [ "an inward shift in the production possibilities curve", "an outward shift in the production possibilities curve", "a flatter production possibilities curve", "a steeper production possibilities curve", "greater unemployment of labor" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 19, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 18, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements regarding specialization and trade is true?", "local_stem": "Which of the following statements regarding specialization and trade is true?", "web_options": [ "With specialization and trade, a country’s production possibilities curve shifts out, showing an increase in productive capacity.", "With specialization and trade, a country will produce a combination of goods beyond its production possibilities curve.", "To gain from trade, countries specialize in producing goods and services in which they have an absolute advantage.", "With specialization and trade, a country can consume beyond its production possibilities curve.", "A country must have both the comparative and the absolute advantage in a product to specialize and gain from trade." ], "local_options": [ "With specialization and trade, a country’s production possibilities curve shifts out, showing an increase in\nproductive capacity.", "With specialization and trade, a country will produce a combination of goods beyond its production\npossibilities curve.", "To gain from trade, countries specialize in producing goods and services in which they have an absolute\nadvantage.", "With specialization and trade, a country can consume beyond its production possibilities curve.", "A country must have both the comparative and the absolute advantage in a product to specialize and gain\nfrom trade." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 6 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 20, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 19, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An outward shift in the production possibilities curve of an economy can be caused be an increase in", "local_stem": "An outward shift in the production possibilities curve of an economy can be caused be an increase in", "web_options": [ "unemployment", "the labor force", "inflation", "output", "demand" ], "local_options": [ "unemployment", "the labor force", "inflation", "output", "demand" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 7 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 21, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 20, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following explains why a production possibilities curve is often represented as concave (bowed out) from the origin?", "local_stem": "Which of the following explains why a production possibilities curve is often represented as concave (bowed out)\nfrom the origin?", "web_options": [ "The law of demand", "The law of supply", "Constant returns to scale", "Decreasing opportunity cost", "Increasing opportunity cost" ], "local_options": [ "The law of demand", "The law of supply", "Constant returns to scale", "Decreasing opportunity cost", "Increasing opportunity cost" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 7 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 22, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 21, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume both Italy and Greece produce only two goods: wine and olive oil. If Italy holds a comparative advantage in the production of wine, then which of the following statements is NOT true?", "local_stem": "Assume both Italy and Greece produce only two goods: wine and olive oil. If Italy holds a comparative advantage in\nthe production of wine, then which of the following statements is NOT true?", "web_options": [ "Italy must hold an absolute advantage in the production of wine.", "Greece holds a comparative advantage in the production of olive oil.", "Italy's opportunity cost of producing one additional unit of wine is lower than Greece's.", "Greece's opportunity cost of producing one additional unit of olive oil is lower than Italy's.", "If trade is open between them, these countries have an incentive to trade." ], "local_options": [ "Italy must hold an absolute advantage in the production of wine.", "Greece holds a comparative advantage in the production of olive oil.", "Italy's opportunity cost of producing one additional unit of wine is lower than Greece's.", "Greece's opportunity cost of producing one additional unit of olive oil is lower than Italy's.", "If trade is open between them, these countries have an incentive to trade." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 7 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 23, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 22, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Using the same amount of time and resources, Jack can assemble either 10 bikes or 5 computers, whereas Sam can assemble either 5 bikes or 5 computers. Based on the data, which of the following statements is correct?", "local_stem": "Using the same amount of time and resources, Jack can assemble either 10 bikes or 5 computers, whereas Sam can\nassemble either 5 bikes or 5 computers. Based on the data, which of the following statements is correct?", "web_options": [ "Sam has an absolute advantage in assembling bikes.", "Sam has an absolute advantage in assembling computers.", "Sam has a comparative advantage in assembling bikes.", "Jack has a comparative advantage in assembling bikes.", "Jack has a comparative advantage in assembling both bikes and computers." ], "local_options": [ "Sam has an absolute advantage in assembling bikes.", "Sam has an absolute advantage in assembling computers.", "Sam has a comparative advantage in assembling bikes.", "Jack has a comparative advantage in assembling bikes.", "Jack has a comparative advantage in assembling both bikes and computers." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 7 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 24, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 23, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table below shows the number of hours it takes for Kim to install a computer or to paint a garage and for Maria to install a computer or to paint a garage. If tasks are assigned according to comparative advantage, which of the following is true?", "local_stem": "The table below shows the number of hours it takes for Kim to install a computer or to paint a garage and for Maria\nto install a computer or to paint a garage.\nIf tasks are assigned according to comparative advantage, which of the following is true?", "web_options": [ "Kim should perform both tasks.", "Maria should perform both tasks.", "Kim should install computers and Maria should paint garages.", "Kim should paint garages and Maria should install computers.", "Kim and Maria should both install computers." ], "local_options": [ "Kim should perform both tasks.", "Maria should perform both tasks.", "Kim should install computers and Maria should paint garages.", "Kim should paint garages and Maria should install computers.", "Kim and Maria should both install computers." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/71157242940341512877.png" ], "answer": "C", "download_pdf_page": 7 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 25, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 24, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that an economy produces televisions and shoes. Which of the following would cause the production possibilities curve for this economy to shift outward?", "local_stem": "Assume that an economy produces televisions and shoes. Which of the following would cause the production\npossibilities curve for this economy to shift outward?", "web_options": [ "An increase in the labor force", "An increase in the prices of both goods", "An increase in the prices of resources used to produce both goods", "A decrease in the demand for shoes", "A change in consumers’ tastes in favor of televisions" ], "local_options": [ "An increase in the labor force", "An increase in the prices of both goods", "An increase in the prices of resources used to produce both goods", "A decrease in the demand for shoes", "A change in consumers’ tastes in favor of televisions" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 8 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 26, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 25, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An economy produces two goods: X and Y. Its production possibilities curve is linear with the intercept on the Y axis at 1,000 units and the intercept on the X axis at 100 units. Which of the following statements is correct?", "local_stem": "An economy produces two goods: X and Y. Its production possibilities curve is linear with the intercept on the Y\naxis at 1,000 units and the intercept on the X axis at 100 units. Which of the following statements is correct?", "web_options": [ "There is an increasing opportunity cost of producing good X, beginning with 1 unit of X costing 0.1 unit of Y.", "There is an increasing opportunity cost of producing good Y but not of producing good X, which has a constant opportunity cost.", "There is a constant opportunity cost with each unit of good X costing 10 units of good Y.", "There is a constant opportunity cost with 10 units of good X costing 1 unit of good Y.", "With a linear production possibilities curve, total production of goods X and Y will be the same at each point on the curve." ], "local_options": [ "There is an increasing opportunity cost of producing good X, beginning with 1 unit of X costing 0.1 unit of\nY.", "There is an increasing opportunity cost of producing good Y but not of producing good X, which has a\nconstant opportunity cost.", "There is a constant opportunity cost with each unit of good X costing 10 units of good Y.", "There is a constant opportunity cost with 10 units of good X costing 1 unit of good Y.", "With a linear production possibilities curve, total production of goods X and Y will be the same at each point\non the curve." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 8 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 27, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 26, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Good X (units) Good Y (units) 0 100 20 95 40 85 60 65 80 35 100 0 The table above shows the maximum possible output combinations of good X and good Y that Microland can produce by using all of its available resources and technology. As the production of good X increases, what happens to the opportunity cost of producing good X?", "local_stem": "Good X (units)\nGood Y (units)\n0\n100\n20\n95\n40\n85\n60\n65\n80\n35\n100\n0\nThe table above shows the maximum possible output combinations of good X and good Y that Microland can\nproduce by using all of its available resources and technology. As the production of good X increases, what happens\nto the opportunity cost of producing good X?", "web_options": [ "It decreases, because the production of good Y decreases by greater amounts.", "It decreases, because the production of good Y increases by smaller amounts.", "It remains constant, because the production of good X increases by the same amount.", "It increases, because the production of good Y decreases by greater amounts.", "It increases, because the production of good Y increases by smaller amounts." ], "local_options": [ "It decreases, because the production of good Y decreases by greater amounts.", "It decreases, because the production of good Y increases by smaller amounts.", "It remains constant, because the production of good X increases by the same amount.", "It increases, because the production of good Y decreases by greater amounts.", "It increases, because the production of good Y increases by smaller amounts." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 8 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 28, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 27, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Movement along a production possibilities curve shows which of the following?", "local_stem": "Movement along a production possibilities curve shows which of the following?", "web_options": [ "The trade-offs society faces", "The total amount of available resources", "The combination of inputs required for a given output", "The relationship between the price of an input and the quantity demanded", "The decrease in efficiency" ], "local_options": [ "The trade-offs society faces", "The total amount of available resources", "The combination of inputs required for a given output", "The relationship between the price of an input and the quantity demanded", "The decrease in efficiency" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 9 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 29, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 28, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the data above, if Mr. X and Ms. Y have the opportunity to trade, which of the following will be mutually beneficial?", "local_stem": "According to the data above, if Mr. X and Ms. Y have the opportunity to trade, which of the following will be\nmutually beneficial?", "web_options": [ "Ms. Y sells shoes to and buys bread from Mr. X.", "Ms. Y sells bread to and buys shoes from Mr. X.", "Ms. Y sells both bread and shoes to Mr. X.", "Ms. Y buys both bread and shoes from Mr. X.", "Ms. Y and Mr. X do not trade with each other." ], "local_options": [ "Ms. Y sells shoes to and buys bread from Mr. X.", "Ms. Y sells bread to and buys shoes from Mr. X.", "Ms. Y sells both bread and shoes to Mr. X.", "Ms. Y buys both bread and shoes from Mr. X.", "Ms. Y and Mr. X do not trade with each other." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/86235930781988717626.png" ], "answer": "A", "download_pdf_page": 9 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 30, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 29, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A production possibilities curve can shift inward if there is", "local_stem": "A production possibilities curve can shift inward if there is", "web_options": [ "an increase in productivity", "an increase in unemployment", "an increase in the price of raw materials", "a misallocation of resources", "a natural disaster" ], "local_options": [ "an increase in productivity", "an increase in unemployment", "an increase in the price of raw materials", "a misallocation of resources", "a natural disaster" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 9 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 31, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 30, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Based on the production possibilities curve for books and pencils shown above, what is the opportunity cost of producing a book?", "local_stem": "Based on the production possibilities curve for books and pencils shown above, what is the opportunity cost of\nproducing a book?", "web_options": [ "30 pencils", "10 pencils", "3 pencils", "1/3 of a pencil", "1/10 of a pencil" ], "local_options": [ "30 pencils", "10 pencils", "3 pencils", "1/3 of a pencil", "1/10 of a pencil" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/03579179999559069739.png" ], "answer": "C", "download_pdf_page": 10 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 32, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 31, "local_page": 11, "stem_similarity": 0.9245, "option_similarities": [ 0.9091, 0.9231, 0.8235, 0.8235, 0.8235 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table above shows six possible combinations of houses and grain that a country can produce in a year using all currently available resources and technology. The opportunity cost of changing production from combination B to combination C is", "local_stem": "Combination\nHouses\nGrain (in bushels)\nThe table above shows six possible combinations of houses and grain that a country can produce in a year using all\ncurrently available resources and technology. The opportunity cost of changing production from combination\nto\ncombination\nis", "web_options": [ "1 house", "2 houses", "100,000 bushels of grain", "850,000 bushels of grain", "950,000 bushels of grain" ], "local_options": [ "house", "houses", "bushels of grain", "bushels of grain", "bushels of grain" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/75441228231891335003.png" ], "answer": "C", "download_pdf_page": 10 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 33, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 32, "local_page": 12, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Two alternative production possibility frontiers for apples and wheat are shown in the figures below. As more wheat is produced, how will the opportunity cost of producing wheat, as represented in Figures 1 and 2, be affected?", "local_stem": "Two alternative production possibility frontiers for apples and wheat are shown in the figures below.\nAs more wheat is produced, how will the opportunity cost of producing wheat, as represented in Figures 1 and 2, be\naffected?", "web_options": [ "Figure 1 Figure 2 Decrease Increase", "Figure 1 Figure 2 Increase Decrease", "Figure 1 Figure 2 No change Increase", "Figure 1 Figure 2 No change Decrease", "Figure 1 Figure 2 Increase No change" ], "local_options": [ "Figure 1\nFigure 2\nDecrease\nIncrease", "Figure 1\nFigure 2\nIncrease\nDecrease", "Figure 1\nFigure 2\nNo change\nIncrease", "Figure 1\nFigure 2\nNo change\nDecrease", "Figure 1\nFigure 2\nIncrease\nNo change" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/19936346457201559815.png" ], "answer": "C", "download_pdf_page": 10 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 34, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 33, "local_page": 13, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table below represents points on an economy's current production possibilities curve. The opportunity cost of increasing the production of good Y from 0 to 200 is", "local_stem": "The table below represents points on an economy's current production possibilities curve.\nThe opportunity cost of increasing the production of good Y from 0 to 200 is", "web_options": [ "1,000 units of X", "980 units of X", "200 units of X", "20 units of X", "5 units of X" ], "local_options": [ "1,000 units of X", "980 units of X", "200 units of X", "20 units of X", "5 units of X" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/49289689874717430799.png" ], "answer": "D", "download_pdf_page": 11 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 35, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 34, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.25 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "An outward shift of a production possibilities curve can be caused by", "local_stem": "An outward shift of a production possibilities curve can be caused by", "web_options": [ "planting a more profitable farm crop", "improving technology", "using idle resources", "changing consumer preferences", "increasing the minimum wage" ], "local_options": [ "planting a more profitable farm crop", "improving technology", "using idle resources", "changing consumer preferences", "increasing the minimum wage\nThe table below shows the total labor hours required to produce a unit of gold and the total labor hours required to\nproduce a unit of sugar in Portugal and Spain, respectively." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 12 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 36, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 35, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which country has an absolute advantage in sugar production?", "local_stem": "Which country has an absolute advantage in sugar production?", "web_options": [ "Neither Spain nor Portugal, because both require fewer labor hours to produce a unit of gold than to produce a unit of sugar.", "Spain, because the opportunity cost of sugar in terms of gold is lower.", "Spain, because it requires fewer total labor hours than Portugal to produce a unit of sugar.", "Portugal, because it requires more total labor hours than Spain to produce a unit of sugar.", "Portugal, because it takes only a quarter of an hour to produce a unit of sugar." ], "local_options": [ "Neither Spain nor Portugal, because both require fewer labor hours to produce a unit of gold than to produce\na unit of sugar.", "Spain, because the opportunity cost of sugar in terms of gold is lower.", "Spain, because it requires fewer total labor hours than Portugal to produce a unit of sugar.", "Portugal, because it requires more total labor hours than Spain to produce a unit of sugar.", "Portugal, because it takes only a quarter of an hour to produce a unit of sugar." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 12 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 37, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 36, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0444 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "According to the graph above, if a country is currently producing at point X, the opportunity cost of producing another consumer good is", "local_stem": "According to the graph above, if a country is currently producing at point X, the opportunity cost of producing\nanother consumer good is", "web_options": [ "20 capital goods", "more than 20 capital goods", "fewer than 20 capital goods", "20 consumer goods", "fewer than 20 consumer goods" ], "local_options": [ "20 capital goods", "more than 20 capital goods", "fewer than 20 capital goods", "20 consumer goods", "fewer than 20 consumer goods\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,”\nyou must show how you arrived at your final answer.\nAssume both Atlantis and Zanadu produce helmets and baseballs. Using equal amounts of resources, Atlantis can produce\n100 helmets or 200 baseballs, whereas Zanadu can produce 100 helmets or 400 baseballs.\n(a) Assume both Atlantis and Zanadu experience constant opportunity costs in producing helmets and baseballs. Draw a\ncorrectly labeled graph illustrating the production possibilities curves\nfor Atlantis and Zanadu, showing helmets\non the horizontal axis and baseballs on the vertical axis. Plot the numerical values provided above on your graph.\n(b) Calculate the opportunity cost of one helmet for Atlantis. Show your work.\n(c) Which country has an absolute advantage in the production of baseballs?\n(d) Which country has a comparative advantage in the production of baseballs? Explain.\n(e) If Atlantis and Zanadu specialize based on comparative advantage and trade, would they be able to gain from trade if\nthe terms of trade are 1 helmet for 3 baseballs? Explain." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/84832357711199618371.png" ], "answer": "A", "download_pdf_page": 12 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 38, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 38, "local_page": 16, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.1142 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The diagram above shows the production possibilities curve for Country Y. Which of the following statements is true?", "local_stem": "The diagram above shows the production possibilities curve for Country Y. Which of the following statements is\ntrue?", "web_options": [ "If Country Y is producing at point C, it is using all its resources efficiently.", "The opportunity cost of producing more machines is constant.", "Producing at point C is the most preferable, because butter is a nondurable good.", "Country Y cannot produce at point E.", "The economy is not producing at its potential, since it is not producing at point D." ], "local_options": [ "If Country Y is producing at point C, it is using all its resources efficiently.", "The opportunity cost of producing more machines is constant.", "Producing at point C is the most preferable, because butter is a nondurable good.", "Country Y cannot produce at point E.", "The economy is not producing at its potential, since it is not producing at point D.\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,”\nyou must show how you arrived at your final answer.\nThe data provided below describe an ice-cream store’s daily production possibilities for milkshakes and sundaes.\nMilkshakes\n0\n20\n40\n60\n80\n100 120\nSundaes\n210 200 180 150 110 60\n0\n(a) Draw a correctly labeled graph of the store’s production possibilities curve\nwith milkshakes on the horizontal\naxis and sundaes on the vertical axis and label the endpoints using the numbers provided above.\n(b) Is the opportunity cost of producing milkshakes increasing, decreasing, or constant? Explain using numbers in the\ntable.\n(c) The store is currently producing 80 milkshakes and 110 sundaes. Calculate the opportunity cost of increasing\nmilkshake production from 80 to 100 milkshakes. Show your work.\n(d) Would it be efficient for the store to produce 80 milkshakes and 150 sundaes? Explain using numbers in the table.\n(e) Suppose the ice-cream store purchases a new machine that increases the output of milkshakes and sundaes. Show the\neffect of the change on the store’s\non your graph in part (a)." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/08071863936711453220.png" ], "answer": "A", "download_pdf_page": 13 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 39, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 40, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.7368 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "According to the production possibilities curve above, which of the following is true?", "local_stem": "According to the production possibilities curve above, which of the following is true?", "web_options": [ "The opportunity cost of producing another unit of good Y in terms of good X increases as more of good Y is produced.", "The opportunity cost of producing another unit of good Y in terms of good X decreases as more of good Y is produced.", "The opportunity cost of producing another unit of good X in terms of good Y increases as more of good X is produced.", "The opportunity cost of producing another unit of good X in terms of good Y decreases as more of good X is produced.", "The opportunity cost of producing another unit of either good remains constant as the production of the other good increases." ], "local_options": [ "The opportunity cost of producing another unit of good Y in terms of good X increases as more of good Y is\nproduced.", "The opportunity cost of producing another unit of good Y in terms of good X decreases as more of good Y is\nproduced.", "The opportunity cost of producing another unit of good X in terms of good Y increases as more of good X is\nproduced.", "The opportunity cost of producing another unit of good X in terms of good Y decreases as more of good X is\nproduced.", "The opportunity cost of producing another unit of either good remains constant as the production of the other\ngood increases.\nThe following questions are based on the production possibilities curve depicted below." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/30720847837870248780.png" ], "answer": "E", "download_pdf_page": 13 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 40, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 41, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Based on a comparison of points X, Y, and Z, the opportunity cost of an additional consumer good is", "local_stem": "Based on a comparison of points X, Y, and Z, the opportunity cost of an additional consumer good is", "web_options": [ "highest at point X", "highest at point Y", "highest at point Z", "lowest at point Y", "the same at points X, Y, and Z" ], "local_options": [ "highest at point X", "highest at point Y", "highest at point Z", "lowest at point Y", "the same at points X, Y, and Z" ], "web_passage": "The following questions are based on the production possibilities curve depicted below.", "web_images": [ "https://static.shanmaostar.com/default/ap/53506784776276294154.png" ], "answer": "C", "download_pdf_page": 14 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 41, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 42, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Given the production possibilities curve above, which of the following represents a movement from efficiency to inefficiency?", "local_stem": "Given the production possibilities curve above, which of the following represents a movement from efficiency to\ninefficiency?", "web_options": [ "Point X to point W", "Point X to point Z", "Point Y to point Z", "Point W to point Z", "Point V to point Y" ], "local_options": [ "Point X to point W", "Point X to point Z", "Point Y to point Z", "Point W to point Z", "Point V to point Y" ], "web_passage": "The following questions are based on the production possibilities curve depicted below.", "web_images": [ "https://static.shanmaostar.com/default/ap/53506784776276294154.png" ], "answer": "A", "download_pdf_page": 14 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 42, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 43, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Economic growth can be depicted using a production possibilities curve by which of the following?", "local_stem": "Economic growth can be depicted using a production possibilities curve by which of the following?", "web_options": [ "A rightward shift of the curve", "A movement upward on an existing curve", "A movement downward on an existing curve", "A movement from a point outside the curve to a point on the curve", "A movement from a point on the curve to a point inside the curve" ], "local_options": [ "A rightward shift of the curve", "A movement upward on an existing curve", "A movement downward on an existing curve", "A movement from a point outside the curve to a point on the curve", "A movement from a point on the curve to a point inside the curve" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 14 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 43, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 44, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of an economy’s production possibilities curve?", "local_stem": "Which of the following is true of an economy’s production possibilities curve?", "web_options": [ "It shows the combinations of any two resources that can be used to produce an efficient level of output.", "It shows the alternative combinations of goods that can be produced by fully employing scarce resources.", "It must be a straight line when all resources are fully employed.", "It is bowed in (convex to the origin) because of changing levels of technology.", "It is bowed out (concave to the origin) when marginal opportunity costs are constant." ], "local_options": [ "It shows the combinations of any two resources that can be used to produce an efficient level of output.", "It shows the alternative combinations of goods that can be produced by fully employing scarce resources.", "It must be a straight line when all resources are fully employed.", "It is bowed in (convex to the origin) because of changing levels of technology.", "It is bowed out (concave to the origin) when marginal opportunity costs are constant." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 14 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 44, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 45, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A production possibilities curve is bowed out, indicating increasing opportunity cost because of", "local_stem": "A production possibilities curve is bowed out, indicating increasing opportunity cost because of", "web_options": [ "the law of demand", "the law of diminishing marginal utility", "the existence of unemployment", "differences in consumer tastes", "imperfect adaptability of resources to alternative uses" ], "local_options": [ "the law of demand", "the law of diminishing marginal utility", "the existence of unemployment", "differences in consumer tastes", "imperfect adaptability of resources to alternative uses" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 15 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 45, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 46, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0858 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "If resources were perfectly substitutable in all activities, which of the following would be true?", "local_stem": "If resources were perfectly substitutable in all activities, which of the following would be true?", "web_options": [ "Output of all goods could be increased at zero opportunity cost.", "The production possibilities curve would be a straight line.", "Specialization and mutually beneficial trade would be impossible.", "No country or individual would have a comparative advantage in any activity.", "Scarcity of resources would be eliminated." ], "local_options": [ "Output of all goods could be increased at zero opportunity cost.", "The production possibilities curve would be a straight line.", "Specialization and mutually beneficial trade would be impossible.", "No country or individual would have a comparative advantage in any activity.", "Scarcity of resources would be eliminated.\nAssume that Countries A and B have equal amounts of resources and identical technologies. Country A can produce 100\nbushels of wheat or 100 yards of cloth or any combination, as shown by the line XZ in the figure above. Country B can\nproduce 100 bushels of wheat or 300 yards of cloth or any combination, as shown by the line XY in the figure above.\na. Which country has an absolute advantage in the production of wheat and which has an absolute advantage in the\nproduction of cloth? Explain how you determined your answer.\nb. Which country has a comparative advantage in the production of wheat and which has a comparative advantage\nin the production of cloth? Explain how you determined your answer.\nc. With specialization and trade, which country will import wheat? Explain why.\nd. Assume that the two countries trade, and that one bushel of wheat is exchanged for two yards of cloth. Explain\nwhy the country that imports wheat will gain from trade." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 15 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 46, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 48, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the maximum number of palm leaves or coconuts that Robert and Frank can pick respectively in a single day. Which of the following is true?", "local_stem": "The table above shows the maximum number of palm leaves or coconuts that Robert and Frank can pick\nrespectively in a single day. Which of the following is true?", "web_options": [ "Robert has a comparative advantage in picking coconuts.", "Frank has a comparative advantage in picking palm leaves.", "Robert and Frank can both benefit from trade with each other if 1 coconut is traded for 1 palm leaf.", "Robert and Frank can both benefit from trade with each other if 1 coconut is traded for 3 palm leaves.", "Robert and Frank can both benefit from trade with each other if 1 coconut is traded for 5 palm leaves." ], "local_options": [ "Robert has a comparative advantage in picking coconuts.", "Frank has a comparative advantage in picking palm leaves.", "Robert and Frank can both benefit from trade with each other if 1 coconut is traded for 1 palm leaf.", "Robert and Frank can both benefit from trade with each other if 1 coconut is traded for 3 palm leaves.", "Robert and Frank can both benefit from trade with each other if 1 coconut is traded for 5 palm leaves." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/97552174389161177923.png" ], "answer": "D", "download_pdf_page": 15 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 47, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 49, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose that in one week Sam can knit 5 sweaters or make 4 blankets and Rob can knit 10 sweaters or make 6 blankets. Which of the following is true?", "local_stem": "Suppose that in one week Sam can knit 5 sweaters or make 4 blankets and Rob can knit 10 sweaters or make 6\nblankets. Which of the following is true?", "web_options": [ "Sam has an absolute advantage in making blankets.", "Sam has an absolute advantage in knitting sweaters.", "Sam has a comparative advantage in making blankets.", "Sam has a comparative advantage in knitting sweaters.", "Sam has neither a comparative nor an absolute advantage in knitting sweaters or making blankets." ], "local_options": [ "Sam has an absolute advantage in making blankets.", "Sam has an absolute advantage in knitting sweaters.", "Sam has a comparative advantage in making blankets.", "Sam has a comparative advantage in knitting sweaters.", "Sam has neither a comparative nor an absolute advantage in knitting sweaters or making blankets." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 15 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 48, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 50, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume an economy uses one input, labor, to produce two goods, X and Y, with constant opportunity cost. Which of the following would cause a parallel shift to the right of the production possibilities curve ?", "local_stem": "Assume an economy uses one input, labor, to produce two goods, X and Y, with constant opportunity cost. Which\nof the following would cause a parallel shift to the right of the production possibilities curve\n?", "web_options": [ "An increase in the productivity of labor with respect to producing good X", "An increase in the amount of labor available for production", "A reduction in the unemployment of labor", "An increase in the demand for good X and good Y", "A change in consumer tastes from good Y to good X" ], "local_options": [ "An increase in the productivity of labor with respect to producing good X", "An increase in the amount of labor available for production", "A reduction in the unemployment of labor", "An increase in the demand for good X and good Y", "A change in consumer tastes from good Y to good X" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 15 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 49, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 51, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If nations specialize according to their comparative advantage and engage in international trade with each other, each nation can", "local_stem": "If nations specialize according to their comparative advantage and engage in international trade with each other,\neach nation can", "web_options": [ "produce outside its production possibilities curve", "consume outside its production possibilities curve", "shift its production possibilities curve to the right", "become more self-sufficient", "produce more of all goods" ], "local_options": [ "produce outside its production possibilities curve", "consume outside its production possibilities curve", "shift its production possibilities curve to the right", "become more self-sufficient", "produce more of all goods" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 16 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 50, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 52, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A country can consume beyond its present production possibilities curve when it", "local_stem": "A country can consume beyond its present production possibilities curve when it", "web_options": [ "trades with other countries, thus taking advantages of different opportunity costs", "reduces unemployment, thus increasing output", "experiences decreasing opportunity costs.", "faces an upward-sloping production possibilities curve", "faces a downward-sloping production possibilities curve" ], "local_options": [ "trades with other countries, thus taking advantages of different opportunity costs", "reduces unemployment, thus increasing output", "experiences decreasing opportunity costs.", "faces an upward-sloping production possibilities curve", "faces a downward-sloping production possibilities curve" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 16 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 51, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 53, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "For an economy with a straight-line production possibilities curve, which of the following must be true? I. The opportunity cost of producing another unit is constant. II. Resources are completely adaptable to alternative uses. III. Resources are used efficiently.", "local_stem": "For an economy with a straight-line production possibilities curve, which of the following must be true?\nI. The opportunity cost of producing another unit is constant.\nII. Resources are completely adaptable to alternative uses.\nIII. Resources are used efficiently.", "web_options": [ "I only", "II only", "III only", "I and II", "II and III" ], "local_options": [ "I only", "II only", "III only", "I and II", "II and III" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 16 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 52, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 54, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the country Beta it takes two hours of labor to produce a unit of tea and four hours of labor to produce a unit of bread. In the country Zeta it takes three hours of labor to produce a unit of tea and nine hours of labor to produce a unit of bread. Which of the following is true?", "local_stem": "In the country Beta it takes two hours of labor to produce a unit of tea and four hours of labor to produce a unit of\nbread. In the country Zeta it takes three hours of labor to produce a unit of tea and nine hours of labor to produce a\nunit of bread. Which of the following is true?", "web_options": [ "Country Zeta has an absolute advantage in producing both tea and bread.", "Country Zeta has an absolute advantage and a comparative advantage in producing tea.", "Country Beta has an absolute advantage and a comparative advantage in producing tea.", "Country Beta has the lower opportunity cost in producing bread and therefore a comparative advantage in producing bread.", "Country Beta, with trade, will export both tea and bread to country Zeta." ], "local_options": [ "Country Zeta has an absolute advantage in producing both tea and bread.", "Country Zeta has an absolute advantage and a comparative advantage in producing tea.", "Country Beta has an absolute advantage and a comparative advantage in producing tea.", "Country Beta has the lower opportunity cost in producing bread and therefore a comparative advantage in\nproducing bread.", "Country Beta, with trade, will export both tea and bread to country Zeta." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 16 }, { "bank_id": "74", "bank": "Unit 1 PPC", "section": 1, "web_number": 53, "local_file": "unit 1 PPC/ppf&absolute advantage.pdf", "local_number": 55, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The diagram above shows the production possibilities curves for two countries, Country X and Country Y. Assume that both countries use equal amounts of resources in production. If the two countries engage in trade, both would be better off under which of the following conditions?", "local_stem": "The diagram above shows the production possibilities curves for two countries, Country X and Country Y. Assume\nthat both countries use equal amounts of resources in production. If the two countries engage in trade, both would\nbe better off under which of the following conditions?", "web_options": [ "Country X produced both cars and planes, because it has an absolute advantage in the production of both goods.", "Country Y produced both cars and planes, because it has a comparative advantage in the production of both goods.", "Country X specialized in the production of cars, because it has an absolute advantage in the production of cars.", "Country X specialized in the production of cars, because it has a comparative advantage in the production of cars.", "Country Y specialized in the production of cars, because it has a comparative advantage in the production of cars." ], "local_options": [ "Country X produced both cars and planes, because it has an absolute advantage in the production of both\ngoods.", "Country Y produced both cars and planes, because it has a comparative advantage in the production of both\ngoods.", "Country X specialized in the production of cars, because it has an absolute advantage in the production of\ncars.", "Country X specialized in the production of cars, because it has a comparative advantage in the production of\ncars.", "Country Y specialized in the production of cars, because it has a comparative advantage in the production of\ncars." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/42406146721946576927.png" ], "answer": "E", "download_pdf_page": 17 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 1, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 1, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The demand curve for a normal good slopes down for which of the following reasons? I. An increase in the price of the good induces consumers to purchase substitute products. II. An increase in the price of the goods reduces consumers' purchasing power. III. An increase in the price of the good increases consumers' utility from consuming that good.", "local_stem": "The demand curve for a normal good slopes down for which of the following reasons?\nI. An increase in the price of the good induces consumers to purchase substitute products.\nII. An increase in the price of the goods reduces consumers' purchasing power.\nIII. An increase in the price of the good increases consumers' utility from consuming that good.", "web_options": [ "I only", "II only", "III only", "I and II only", "I and III only" ], "local_options": [ "I only", "II only", "III only", "I and II only", "I and III only" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 1 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 2, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 2, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "After the government imposed a $0.20 per gallon tax on gasoline, the price of a gallon of gasoline increased from $1.00 to $1.15. Which of the following statements is true?", "local_stem": "After the government imposed a $0.20 per gallon tax on gasoline, the price of a gallon of gasoline increased from\n$1.00 to $1.15. Which of the following statements is true?", "web_options": [ "Consumers bear the entire burden of the tax, since producers can pass the tax along to consumers.", "Consumers and producers share the tax burden equally.", "Consumers bear most, but not all, of the tax burden.", "Producers bear the entire burden of the tax, since the tax was levied on producers, not consumers.", "There is no tax burden, since gasoline is a normal good." ], "local_options": [ "Consumers bear the entire burden of the tax, since producers can pass the tax along to consumers.", "Consumers and producers share the tax burden equally.", "Consumers bear most, but not all, of the tax burden.", "Producers bear the entire burden of the tax, since the tax was levied on producers, not consumers.", "There is no tax burden, since gasoline is a normal good." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 1 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 3, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 3, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Following a prolonged power outage, the price of flashlights normally increases significantly. If cities had passed laws prohibiting price increases for flashlights, during power outages such laws would most likely", "local_stem": "Following a prolonged power outage, the price of flashlights normally increases significantly. If cities had passed\nlaws prohibiting price increases for flashlights, during power outages such laws would most likely", "web_options": [ "make flashlights more available", "create a shortage of flashlights", "shift the demand curve for flashlights to the right", "shift the supply curve for flashlights to the left", "have no effect on the availability of flashlights" ], "local_options": [ "make flashlights more available", "create a shortage of flashlights", "shift the demand curve for flashlights to the right", "shift the supply curve for flashlights to the left", "have no effect on the availability of flashlights" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 1 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 4, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 4, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the government imposes a binding price ceiling on a market for an inferior good. Which of the following is most likely to occur in the market if consumers’ incomes increase?", "local_stem": "Assume that the government imposes a binding price ceiling on a market for an inferior good. Which of the\nfollowing is most likely to occur in the market if consumers’ incomes increase?", "web_options": [ "The market demand will shift to the right.", "The market supply will shift to the right.", "The shortage in the market will decrease.", "The surplus in the market will increase.", "The market price will increase." ], "local_options": [ "The market demand will shift to the right.", "The market supply will shift to the right.", "The shortage in the market will decrease.", "The surplus in the market will increase.", "The market price will increase." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 1 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 5, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 5, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that demand for bottled water is relatively price elastic. An increase in supply of bottled water will result in which of the following?", "local_stem": "Assume that demand for bottled water is relatively price elastic. An increase in supply of bottled water will result in\nwhich of the following?", "web_options": [ "A decrease in price, leading to an increase in total revenue", "A decrease in price, leading to a decrease in total revenue", "An excess supply of bottled water", "An excess demand for bottled water", "A relatively small decrease in price and no change in equilibrium quantity" ], "local_options": [ "A decrease in price, leading to an increase in total revenue", "A decrease in price, leading to a decrease in total revenue", "An excess supply of bottled water", "An excess demand for bottled water", "A relatively small decrease in price and no change in equilibrium quantity" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 2 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 6, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 6, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The equilibrium price for a good with a vertical supply curve and a downward-sloping demand curve is . If a binding price floor is set, which of the following will occur?", "local_stem": "The equilibrium price for a good with a vertical supply curve and a downward-sloping demand curve is\n. If a\nbinding price floor is set, which of the following will occur?", "web_options": [ "There will be a shortage of the good.", "The sum of consumer and producer surpluses will decrease.", "The equilibrium price of the good will decrease.", "The quantity sold of the good will remain unchanged.", "Demand for substitutes for the good will decrease." ], "local_options": [ "There will be a shortage of the good.", "The sum of consumer and producer surpluses will decrease.", "The equilibrium price of the good will decrease.", "The quantity sold of the good will remain unchanged.", "Demand for substitutes for the good will decrease." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 2 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 7, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 7, "local_page": 2, "stem_similarity": 0.988, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "If the price elasticity of supply for pickles is 2 and the price of pickles increases by 10 percent, then the quantity supplied of pickles will increase by", "local_stem": "If the price elasticity of supply for pickles is\nand the price of pickles increases by\npercent, then the quantity\nsupplied of pickles will increase by", "web_options": [ "0.2%", "5%", "8%", "12%", "20%" ], "local_options": [ "", "", "", "", "" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 2 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 8, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 8, "local_page": 2, "stem_similarity": 0.9826, "option_similarities": [ 0.9767, 0.9821, 0.9844, 0.9808, 0.9836 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "If a 10 percent increase in the price of good X results in a 20 percent decrease in the quantity of good Y demanded, which of the following is true?", "local_stem": "If a\npercent increase in the price of good X results in a\npercent decrease in the quantity of good Y demanded,\nwhich of the following is true?", "web_options": [ "Good X and good Y are complementary goods, and the cross-price elasticity is -0.5.", "Good X and good Y are substitute goods, and the income elasticity is +2.", "Good X and good Y are complementary goods, and the cross-price elasticity is -2.", "Good X and good Y are normal goods, and the income elasticity is +2.", "Good X and good Y are substitute goods, and the cross-price elasticity is -2." ], "local_options": [ "Good X and good Y are complementary goods, and the cross-price elasticity is\n.", "Good X and good Y are substitute goods, and the income elasticity is\n.", "Good X and good Y are complementary goods, and the cross-price elasticity is\n.", "Good X and good Y are normal goods, and the income elasticity is\n.", "Good X and good Y are substitute goods, and the cross-price elasticity is\n." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 2 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 9, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 9, "local_page": 3, "stem_similarity": 0.9943, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume that the government imposes a $4 per-unit tax on sellers of a good in the market described by the graph above. What are the price paid by buyers, the after-tax price received by sellers, and the deadweight loss?", "local_stem": "Assume that the government imposes a\nper-unit tax on sellers of a good in the market described by the graph\nabove. What are the price paid by buyers, the after-tax price received by sellers, and the deadweight loss?", "web_options": [ "", "", "", "", "" ], "local_options": [ "Price Paid by Buyers\nPrice Received by Sellers\nDeadweight Loss", "Price Paid by Buyers\nPrice Received by Sellers\nDeadweight Loss", "Price Paid by Buyers\nPrice Received by Sellers\nDeadweight Loss", "Price Paid by Buyers\nPrice Received by Sellers\nDeadweight Loss", "Price Paid by Buyers\nPrice Received by Sellers\nDeadweight Loss" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/08094169470305404235.png", "https://static.shanmaostar.com/default/ap/16909392982797006948.png", "https://static.shanmaostar.com/default/ap/37098430166024147193.png", "https://static.shanmaostar.com/default/ap/74983655157525421114.png", "https://static.shanmaostar.com/default/ap/70008086338133947690.png", "https://static.shanmaostar.com/default/ap/30836724420789971669.png" ], "answer": "B", "download_pdf_page": 3 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 10, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 10, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a 10 percent increase in the price of a good leads to a 25 percent decrease in the quantity demanded of the good, demand is", "local_stem": "If a 10 percent increase in the price of a good leads to a 25 percent decrease in the quantity demanded of the good,\ndemand is", "web_options": [ "relatively inelastic", "relatively elastic", "unit elastic", "perfectly elastic", "perfectly inelastic" ], "local_options": [ "relatively inelastic", "relatively elastic", "unit elastic", "perfectly elastic", "perfectly inelastic" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 4 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 11, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 11, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A change in which of the following will cause a change in the supply of personal computers (PC’s) in the short run?", "local_stem": "A change in which of the following will cause a change in the supply of personal computers (PC’s) in the short run?", "web_options": [ "Technology", "Demand for PC’s", "Price of disks, which are a complement to PC’s", "Price of PC’s", "Consumers’ incomes" ], "local_options": [ "Technology", "Demand for PC’s", "Price of disks, which are a complement to PC’s", "Price of PC’s", "Consumers’ incomes" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 4 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 12, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 12, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following changes in the demand for and the supply of a good will necessarily result in an increase in both the equilibrium price and quantity of the good in a market?", "local_stem": "Which of the following changes in the demand for and the supply of a good will necessarily result in an increase in\nboth the equilibrium price and quantity of the good in a market?", "web_options": [ "Demand Supply Increase Increase", "Demand Supply Increase No change", "Demand Supply No change Increase", "Demand Supply Decrease Increase", "Demand Supply No change Decrease" ], "local_options": [ "Demand\nSupply\nIncrease\nIncrease", "Demand\nSupply\nIncrease\nNo change", "Demand\nSupply\nNo change\nIncrease", "Demand\nSupply\nDecrease\nIncrease", "Demand\nSupply\nNo change\nDecrease" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 4 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 13, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 13, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following situations best illustrates the law of demand?", "local_stem": "Which of the following situations best illustrates the law of demand?", "web_options": [ "As real incomes of United States citizens have decreased over the past year, the demand for housing has also decreased.", "Recent decreases in the price of imported wine have led to an increase in the consumption of domestic wine.", "In the past several months, as the price of compact disc players has decreased, the quantity of compact disc players sold has increased", "The increase in the price of quality health foods has increased the revenues of firms producing these goods.", "As the demand for computers has increased, the number of workers in the computer industry has increased." ], "local_options": [ "As real incomes of United States citizens have decreased over the past year, the demand for housing has also\ndecreased.", "Recent decreases in the price of imported wine have led to an increase in the consumption of domestic wine.", "In the past several months, as the price of compact disc players has decreased, the quantity of compact disc\nplayers sold has increased", "The increase in the price of quality health foods has increased the revenues of firms producing these goods.", "As the demand for computers has increased, the number of workers in the computer industry has increased." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 14, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 14, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows the market demand for good X. A movement from point A to point B would most likely be caused by", "local_stem": "The graph above shows the market demand for good X. A movement from point A to point B would most likely be\ncaused by", "web_options": [ "an increase in the price of good Z, a substitute", "an increase in consumers' income", "a decrease in consumers' income", "a decrease in production costs for good X", "a decrease in the supply of good X" ], "local_options": [ "an increase in the price of good Z, a substitute", "an increase in consumers' income", "a decrease in consumers' income", "a decrease in production costs for good X", "a decrease in the supply of good X" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/54254554626503866779.png" ], "answer": "D", "download_pdf_page": 5 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 15, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 15, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will cause the demand for a normal good to increase?", "local_stem": "Which of the following will cause the demand for a normal good to increase?", "web_options": [ "A decrease in consumers’ income", "A decrease in the price of a complementary good", "A decrease in the price of a substitute good", "A decrease in the price of the good", "A decrease in the number of consumers" ], "local_options": [ "A decrease in consumers’ income", "A decrease in the price of a complementary good", "A decrease in the price of a substitute good", "A decrease in the price of the good", "A decrease in the number of consumers" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 5 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 16, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 16, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In a perfectly competitive market, a change in which of the following could cause a shift in the supply curve?", "local_stem": "In a perfectly competitive market, a change in which of the following could cause a shift in the supply curve?", "web_options": [ "The incomes of consumers", "The number of buyers", "Technology", "The price of the product", "Tastes and preferences" ], "local_options": [ "The incomes of consumers", "The number of buyers", "Technology", "The price of the product", "Tastes and preferences" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 6 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 17, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 17, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Moving from left to right along a downward- sloping linear demand curve, price elasticity varies in which of the following ways?", "local_stem": "Moving from left to right along a downward- sloping linear demand curve, price elasticity varies in which of the\nfollowing ways?", "web_options": [ "First unit elastic, then inelastic throughout", "First unit elastic, then elastic throughout", "First inelastic, then unit elastic throughout", "First elastic, then unit elastic, and finally inelastic", "First inelastic, then unit elastic, and finally elastic" ], "local_options": [ "First unit elastic, then inelastic throughout", "First unit elastic, then elastic throughout", "First inelastic, then unit elastic throughout", "First elastic, then unit elastic, and finally inelastic", "First inelastic, then unit elastic, and finally elastic" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 6 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 18, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 18, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is most likely to occur when a competitive market adjusts from one equilibrium to another?", "local_stem": "Which of the following is most likely to occur when a competitive market adjusts from one equilibrium to another?", "web_options": [ "A decrease in demand will cause the equilibrium price, equilibrium quantity, and total surplus to increase.", "An increase in demand will cause the equilibrium price, equilibrium quantity, and producer surplus to increase.", "A decrease in supply will cause the equilibrium price to decrease, the equilibrium quantity to increase, and consumer surplus to decrease.", "An increase in supply will cause the equilibrium price to increase, the equilibrium quantity to decrease, and consumer surplus to increase.", "A decrease in supply and increase in demand will cause the equilibrium quantity to decrease but the equilibrium price to be indeterminate." ], "local_options": [ "A decrease in demand will cause the equilibrium price, equilibrium quantity, and total surplus to increase.", "An increase in demand will cause the equilibrium price, equilibrium quantity, and producer surplus to\nincrease.", "A decrease in supply will cause the equilibrium price to decrease, the equilibrium quantity to increase, and\nconsumer surplus to decrease.", "An increase in supply will cause the equilibrium price to increase, the equilibrium quantity to decrease, and\nconsumer surplus to increase.", "A decrease in supply and increase in demand will cause the equilibrium quantity to decrease but the\nequilibrium price to be indeterminate." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 19, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 19, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the supply of fish increases, there will be", "local_stem": "If the supply of fish increases, there will be", "web_options": [ "an increase in the demand for chicken, a substitute good", "an increase in the demand for fish", "an increase in the price of fish tacos", "a decrease in the price of fish", "a decrease in the supply of potatoes, a complementary good" ], "local_options": [ "an increase in the demand for chicken, a substitute good", "an increase in the demand for fish", "an increase in the price of fish tacos", "a decrease in the price of fish", "a decrease in the supply of potatoes, a complementary good" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 6 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 20, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 20, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "What will happen to the price and quantity of footballs as a result of an increase in the price of leather used to make footballs?", "local_stem": "What will happen to the price and quantity of footballs as a result of an increase in the price of leather used to make\nfootballs?", "web_options": [ "Price will increase, and quantity will increase.", "Price will increase, and quantity will decrease.", "Price will decrease, and quantity will increase.", "Price will decrease, and quantity will decrease.", "Price will not change, and quantity will not change." ], "local_options": [ "Price will increase, and quantity will increase.", "Price will increase, and quantity will decrease.", "Price will decrease, and quantity will increase.", "Price will decrease, and quantity will decrease.", "Price will not change, and quantity will not change." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 21, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 21, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose hot dogs and hamburgers are substitutes in consumption. If the supply of hot dogs decreases, which of the following will happen in the market for hamburgers?", "local_stem": "Suppose hot dogs and hamburgers are substitutes in consumption. If the supply of hot dogs decreases, which of the\nfollowing will happen in the market for hamburgers?", "web_options": [ "The supply curve for hamburgers will shift to the right.", "The supply curve for hamburgers will shift to the left.", "The demand curve for hamburgers will shift to the right.", "The demand curve for hamburgers will shift to the left.", "Both the demand curve and supply curve for hamburgers will shift to the left." ], "local_options": [ "The supply curve for hamburgers will shift to the right.", "The supply curve for hamburgers will shift to the left.", "The demand curve for hamburgers will shift to the right.", "The demand curve for hamburgers will shift to the left.", "Both the demand curve and supply curve for hamburgers will shift to the left." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 7 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 22, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 22, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will shift the supply curve for apples to the right?", "local_stem": "Which of the following will shift the supply curve for apples to the right?", "web_options": [ "An increase in consumers’ income", "An increase in the price of apples", "An increase in the wages of apple pickers", "A decrease in the rental price for apple harvesting equipment", "A decrease in the demand for oranges, a substitute in consumption" ], "local_options": [ "An increase in consumers’ income", "An increase in the price of apples", "An increase in the wages of apple pickers", "A decrease in the rental price for apple harvesting equipment", "A decrease in the demand for oranges, a substitute in consumption" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 7 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 23, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 23, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If an unusually cold summer destroyed a large portion of the bee population, the equilibrium price and quantity of honey produced by bees will most likely change in which of the following ways?", "local_stem": "If an unusually cold summer destroyed a large portion of the bee population, the equilibrium price and quantity of\nhoney produced by bees will most likely change in which of the following ways?", "web_options": [ "Price Quantity Increase Increase", "Price Quantity Increase Decrease", "Price Quantity Increase No change", "Price Quantity Decrease Decrease", "Price Quantity No change Decrease" ], "local_options": [ "Price\nQuantity\nIncrease\nIncrease", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nIncrease\nNo change", "Price\nQuantity\nDecrease\nDecrease", "Price\nQuantity\nNo change\nDecrease" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 7 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 24, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 24, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The demand curves X and Y are shown in the graph above. Which of the following offers the most accurate comparison of the price elasticities of demand curves X and Y at a price of $4?", "local_stem": "The demand curves X and Y are shown in the graph above. Which of the following offers the most accurate\ncomparison of the price elasticities of demand curves X and Y at a price of $4?", "web_options": [ "Demand Curve X Demand Curve Y Perfectly elastic Perfectly inelastic", "Demand Curve X Demand Curve Y Perfectly inelastic Perfectly elastic", "Demand Curve X Demand Curve Y Perfectly inelastic Relatively elastic", "Demand Curve X Demand Curve Y Relatively inelastic Perfectly elastic", "Demand Curve X Demand Curve Y Relatively elastic Relatively inelastic" ], "local_options": [ "Demand Curve X\nDemand Curve Y\nPerfectly elastic\nPerfectly inelastic", "Demand Curve X\nDemand Curve Y\nPerfectly inelastic\nPerfectly elastic", "Demand Curve X\nDemand Curve Y\nPerfectly inelastic\nRelatively elastic", "Demand Curve X\nDemand Curve Y\nRelatively inelastic\nPerfectly elastic", "Demand Curve X\nDemand Curve Y\nRelatively elastic\nRelatively inelastic" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/47351035561574832901.png" ], "answer": "D", "download_pdf_page": 8 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 25, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 25, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Based on the graph above, the consumer surplus at the market equilibrium price and quantity is shown by which area?", "local_stem": "Based on the graph above, the consumer surplus at the market equilibrium price and quantity is shown by which\narea?", "web_options": [ "GMK", "GMN", "GZN", "ZMN", "MNK" ], "local_options": [ "", "", "", "", "" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/40181280238373993914.png" ], "answer": "D", "download_pdf_page": 9 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 26, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 26, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The difference between the price a consumer would be willing to pay for a cone of ice cream and the actual market price that she pays gives a measure of her", "local_stem": "The difference between the price a consumer would be willing to pay for a cone of ice cream and the actual market\nprice that she pays gives a measure of her", "web_options": [ "consumer surplus", "producer surplus", "marginal utility", "marginal cost", "ability to pay" ], "local_options": [ "consumer surplus", "producer surplus", "marginal utility", "marginal cost", "ability to pay" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 9 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 27, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 27, "local_page": 12, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.3148 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The graphs above show Mary’s demand for hamburgers and Mark’s demand for hamburgers. Suppose Mary and Mark are the only two consumers in the market. Which of the following is a point on the market demand curve for hamburgers?", "local_stem": "The graphs above show Mary’s demand for hamburgers and Mark’s demand for hamburgers. Suppose Mary and\nMark are the only two consumers in the market. Which of the following is a point on the market demand curve for\nhamburgers?", "web_options": [ "Price Quantity $2 12", "Price Quantity $4 7", "Price Quantity $6 6", "Price Quantity $8 4", "Price Quantity $10 8" ], "local_options": [ "Price\nQuantity\n$2\n12", "Price\nQuantity\n$4\n7", "Price\nQuantity\n$6\n6", "Price\nQuantity\n$8\n4", "Price\nQuantity\n$10\n8\nThe following questions refer to the graph below. The market is currently in equilibrium" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/11569726048109156914.png" ], "answer": "B", "download_pdf_page": 10 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 28, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 28, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In a competition equilibrium consumer surplus is the area of", "local_stem": "In a competition equilibrium consumer surplus is the area of", "web_options": [ "UVZ", "WYZ", "RVUT", "XVZY", "0YZS" ], "local_options": [ "UVZ", "WYZ", "RVUT", "XVZY", "0YZS" ], "web_passage": "The following questions refer to the graph below. The market is currently in equilibrium", "web_images": [ "https://static.shanmaostar.com/default/ap/37991808061945662256.png" ], "answer": "B", "download_pdf_page": 10 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 29, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 29, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a price floor is set at X, the quantity demanded will", "local_stem": "If a price floor is set at X, the quantity demanded will", "web_options": [ "increase from 0R to 0S", "increase from 0R to 0T", "decrease from 0S to 0R", "decrease from 0T to 0R", "not change" ], "local_options": [ "increase from 0R to 0S", "increase from 0R to 0T", "decrease from 0S to 0R", "decrease from 0T to 0R", "not change" ], "web_passage": "The following questions refer to the graph below. The market is currently in equilibrium", "web_images": [ "https://static.shanmaostar.com/default/ap/37991808061945662256.png" ], "answer": "C", "download_pdf_page": 11 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 30, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 30, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If growing corn becomes more profitable than growing wheat, which of the following will occur?", "local_stem": "If growing corn becomes more profitable than growing wheat, which of the following will occur?", "web_options": [ "The supply of corn will decrease.", "The price of wheat will decrease.", "The price of corn will decrease.", "The demand for wheat will increase.", "The demand for corn will increase." ], "local_options": [ "The supply of corn will decrease.", "The price of wheat will decrease.", "The price of corn will decrease.", "The demand for wheat will increase.", "The demand for corn will increase." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 11 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 31, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 31, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 0.9764, 0.9764, 0.9764, 0.9764, 0.9764 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume that a 2 percent increase in the price of bologna causes a 5 percent decrease in the demand for cheese. What is the cross-price elasticity of demand between the two goods, and how are these goods related?", "local_stem": "Assume that a 2 percent increase in the price of bologna causes a 5 percent decrease in the demand for cheese. What\nis the cross-price elasticity of demand between the two goods, and how are these goods related?", "web_options": [ "Cross-price elasticity of demand equals -0.4, and these goods are complements.", "Cross-price elasticity of demand equals +0.4, and these goods are substitutes.", "Cross-price elasticity of demand equals -2.5, and these goods are complements.", "Cross-price elasticity of demand equals +2.5, and these goods are substitutes.", "Cross-price elasticity of demand equals -0.4, and these goods are substitutes." ], "local_options": [ "Cross-price elasticity of demand equals\n, and these goods are complements.", "Cross-price elasticity of demand equals\n, and these goods are substitutes.", "Cross-price elasticity of demand equals\n, and these goods are complements.", "Cross-price elasticity of demand equals\n, and these goods are substitutes.", "Cross-price elasticity of demand equals\n, and these goods are substitutes." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 11 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 32, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 32, "local_page": 15, "stem_similarity": 0.99, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The cross-price elasticity of demand between goods J and K is -3. A 20 percent decrease in the price of good K will result in a", "local_stem": "The cross-price elasticity of demand between goods J and K is\n. A 20 percent decrease in the price of good K\nwill result in a", "web_options": [ "3 percent decrease in the quantity demanded of good K", "15 percent decrease in the quantity demanded of good K", "6 percent increase in the quantity demanded of good J", "12 percent increase in the quantity demanded of good J", "60 percent increase in the quantity demanded of good J" ], "local_options": [ "3 percent decrease in the quantity demanded of good K", "15 percent decrease in the quantity demanded of good K", "6 percent increase in the quantity demanded of good J", "12 percent increase in the quantity demanded of good J", "60 percent increase in the quantity demanded of good J" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 12 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 33, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 33, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of the cross-price elasticity of demand?", "local_stem": "Which of the following is true of the cross-price elasticity of demand?", "web_options": [ "It can indicate if a good is a necessity or a luxury.", "It is greater than zero for two goods that are substitutes.", "It is close to zero if the two goods are closely related.", "It is always negative because demand curves are downward sloping.", "It increases as income increases." ], "local_options": [ "It can indicate if a good is a necessity or a luxury.", "It is greater than zero for two goods that are substitutes.", "It is close to zero if the two goods are closely related.", "It is always negative because demand curves are downward sloping.", "It increases as income increases." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 12 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 34, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 34, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "To determine whether two goods are complements, one would calculate the", "local_stem": "To determine whether two goods are complements, one would calculate the", "web_options": [ "price elasticity of demand", "price elasticity of supply", "income elasticity of demand", "cross-price elasticity of demand", "input-price elasticity of supply" ], "local_options": [ "price elasticity of demand", "price elasticity of supply", "income elasticity of demand", "cross-price elasticity of demand", "input-price elasticity of supply" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 12 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 35, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 35, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "All of the following cause a rightward shift in the demand schedule for a normal good EXCEPT", "local_stem": "All of the following cause a rightward shift in the demand schedule for a normal good EXCEPT", "web_options": [ "a decrease in the price of the good", "a decrease in the price of a complementary good", "an increase in the price of a substitute good", "an increase in consumers’ income", "an increase in consumers’ preference for the good" ], "local_options": [ "a decrease in the price of the good", "a decrease in the price of a complementary good", "an increase in the price of a substitute good", "an increase in consumers’ income", "an increase in consumers’ preference for the good" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 12 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 36, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 36, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A decrease in raw material prices will change the equilibrium price and quantity in a market in which of the following ways?", "local_stem": "A decrease in raw material prices will change the equilibrium price and quantity in a market in which of the\nfollowing ways?", "web_options": [ "Price Quantity Increase Increase", "Price Quantity Increase Decrease", "Price Quantity Decrease Increase", "Price Quantity Decrease Decrease", "Price Quantity No change Increase" ], "local_options": [ "Price\nQuantity\nIncrease\nIncrease", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nDecrease\nIncrease", "Price\nQuantity\nDecrease\nDecrease", "Price\nQuantity\nNo change\nIncrease" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 12 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 37, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 37, "local_page": 16, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the short run, a decrease in production costs of a product will shift", "local_stem": "In the short run, a decrease in production costs of a product will shift", "web_options": [ "both the demand curve and the supply curve to the right", "the demand curve to the left and the supply curve to the right", "only the supply curve to the right", "only the supply curve to the left", "only the demand curve to the left" ], "local_options": [ "both the demand curve and the supply curve to the right", "the demand curve to the left and the supply curve to the right", "only the supply curve to the right", "only the supply curve to the left", "only the demand curve to the left" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 13 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 38, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 38, "local_page": 16, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that consumers consider popcorn and pretzels to be substitutes. A significant decrease in the supply of popcorn will affect the pretzel market by", "local_stem": "Assume that consumers consider popcorn and pretzels to be substitutes. A significant decrease in the supply of\npopcorn will affect the pretzel market by", "web_options": [ "increasing the demand for pretzels and therefore the supply of pretzels", "increasing the demand for pretzels and therefore the price of pretzels", "decreasing the demand for pretzels and therefore the price of pretzels", "increasing the supply of pretzels and therefore the price of pretzels", "decreasing the supply of pretzels and therefore the price of pretzels" ], "local_options": [ "increasing the demand for pretzels and therefore the supply of pretzels", "increasing the demand for pretzels and therefore the price of pretzels", "decreasing the demand for pretzels and therefore the price of pretzels", "increasing the supply of pretzels and therefore the price of pretzels", "decreasing the supply of pretzels and therefore the price of pretzels" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 13 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 39, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 39, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The cross-price elasticity of demand between good X and good Z measures the percentage change in the quantity demanded of good X in response to a percentage change in", "local_stem": "The cross-price elasticity of demand between good X and good Z measures the percentage change in the quantity\ndemanded of good X in response to a percentage change in", "web_options": [ "the price of good X", "income", "the price of good Z", "the supply of good Z", "total expenditures on good Z" ], "local_options": [ "the price of good X", "income", "the price of good Z", "the supply of good Z", "total expenditures on good Z" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 13 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 40, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 40, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the increase in the price of one good decreases the demand for another, then the two goods are", "local_stem": "If the increase in the price of one good decreases the demand for another, then the two goods are", "web_options": [ "inferior goods", "luxury goods", "normal goods", "substitute goods", "complementary goods" ], "local_options": [ "inferior goods", "luxury goods", "normal goods", "substitute goods", "complementary goods" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 13 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 41, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 41, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Consumer surplus exists because of the", "local_stem": "Consumer surplus exists because of the", "web_options": [ "surplus of money that wealthy consumers hold", "surplus in marginal product that firms get when they hire an additional worker", "willingness of some consumers to pay a price higher than the market price for some units of a good", "additional utility that households obtain when the prices of substitutes fall", "increase in the availability of goods when income rises" ], "local_options": [ "surplus of money that wealthy consumers hold", "surplus in marginal product that firms get when they hire an additional worker", "willingness of some consumers to pay a price higher than the market price for some units of a good", "additional utility that households obtain when the prices of substitutes fall", "increase in the availability of goods when income rises" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 14 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 42, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 42, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the market demand for a good is inelastic and the supply is elastic, which of the following is true when there is an increase in sales tax?", "local_stem": "If the market demand for a good is inelastic and the supply is elastic, which of the following is true when there is an\nincrease in sales tax?", "web_options": [ "Consumers will bear most of the burden of the tax.", "Producers will bear all of the burden of the tax.", "Producers will bear most of the burden of the tax or risk losing sales.", "Both consumers and producers will share the burden of the tax equally.", "The price of the good will not change." ], "local_options": [ "Consumers will bear most of the burden of the tax.", "Producers will bear all of the burden of the tax.", "Producers will bear most of the burden of the tax or risk losing sales.", "Both consumers and producers will share the burden of the tax equally.", "The price of the good will not change." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 14 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 43, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 43, "local_page": 17, "stem_similarity": 0.9956, "option_similarities": [ 0.9931, 0.9933, 0.9915, 0.9913, 0.992 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "In relation to tacos, the cross-price elasticity of demand for Good X is negative. What would be the result if the price of tacos increases?", "local_stem": "In relation to tacos, the cross-price elasticity of demand for Good\nis negative. What would be the result if the\nprice of tacos increases?", "web_options": [ "There will be a movement up the demand curve for Good X because it is a complement to tacos.", "There will be a movement down the demand curve for Good X because it is a complement to tacos.", "The demand for Good X will increase because it is a substitute for tacos.", "The demand for Good X will decrease because it is a complement to tacos.", "The demand for Good X will increase because tacos and Good X are normal goods." ], "local_options": [ "There will be a movement up the demand curve for Good\nbecause it is a complement to tacos.", "There will be a movement down the demand curve for Good\nbecause it is a complement to tacos.", "The demand for Good\nwill increase because it is a substitute for tacos.", "The demand for Good\nwill decrease because it is a complement to tacos.", "The demand for Good\nwill increase because tacos and Good X are normal goods." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 14 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 44, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 44, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.581 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Which of the following statements about the price elasticity of demand is true?", "local_stem": "Which of the following statements about the price elasticity of demand is true?", "web_options": [ "When demand is price inelastic, total revenue will decrease as price increases.", "When demand is price elastic, an increase in price will increase total revenue.", "Demand tends to be more elastic in the short run compared to the long run.", "As more close substitutes become available, demand tends to be more price elastic.", "As a good becomes viewed as a necessity, demand becomes more price elastic." ], "local_options": [ "When demand is price inelastic, total revenue will decrease as price increases.", "When demand is price elastic, an increase in price will increase total revenue.", "Demand tends to be more elastic in the short run compared to the long run.", "As more close substitutes become available, demand tends to be more price elastic.", "As a good becomes viewed as a necessity, demand becomes more price elastic.\nThe following questions are based on the diagram below, which shows the effect of a unit tax placed on a good." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 14 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 45, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 45, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the diagram, what is the dollar amount of the unit tax?", "local_stem": "According to the diagram, what is the dollar amount of the unit tax?", "web_options": [ "$0.00", "$0.45", "$0.55", "$1.00", "$1.45" ], "local_options": [ "$0.00", "$0.45", "$0.55", "$1.00", "$1.45" ], "web_passage": "The following questions are based on the diagram below, which shows the effect of a unit tax placed on a good.", "web_images": [ "https://static.shanmaostar.com/default/ap/81243809702991557756.png" ], "answer": "D", "download_pdf_page": 14 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 46, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 46, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "What is the price paid by consumers and the net price received by producers after the tax is paid?", "local_stem": "What is the price paid by consumers and the net price received by producers after the tax is paid?", "web_options": [ "Paid by Consumers Received by Producers $11.00 $10.45", "Paid by Consumers Received by Producers $11.00 $10.00", "Paid by Consumers Received by Producers $10.45 $10.00", "Paid by Consumers Received by Producers $10.45 $9.45", "Paid by Consumers Received by Producers $10.00 $9.45" ], "local_options": [ "Paid by Consumers\nReceived by Producers\n$11.00\n$10.45", "Paid by Consumers\nReceived by Producers\n$11.00\n$10.00", "Paid by Consumers\nReceived by Producers\n$10.45\n$10.00", "Paid by Consumers\nReceived by Producers\n$10.45\n$9.45", "Paid by Consumers\nReceived by Producers\n$10.00\n$9.45" ], "web_passage": "The following questions are based on the diagram below, which shows the effect of a unit tax placed on a good.", "web_images": [ "https://static.shanmaostar.com/default/ap/81243809702991557756.png" ], "answer": "D", "download_pdf_page": 15 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 47, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 47, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The difference between what consumers are willing to pay for units of a good and the price consumers actually pay for units of the good is called", "local_stem": "The difference between what consumers are willing to pay for units of a good and the price consumers actually pay\nfor units of the good is called", "web_options": [ "marginal utility", "producer surplus", "consumer surplus", "economic rent", "a positive externality" ], "local_options": [ "marginal utility", "producer surplus", "consumer surplus", "economic rent", "a positive externality" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 15 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 48, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 48, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the government increases the unit excise tax on gasoline suppliers and also that people commute longer distances to work as more houses are built in city suburbs. As a result, the equilibrium price and quantity of gasoline will most likely change in which of the following ways?", "local_stem": "Assume that the government increases the unit excise tax on gasoline suppliers and also that people commute longer\ndistances to work as more houses are built in city suburbs. As a result, the equilibrium price and quantity of gasoline\nwill most likely change in which of the following ways?", "web_options": [ "Price Quantity Decrease Decrease", "Price Quantity Increase Decrease", "Price Quantity Increase Increase", "Price Quantity Increase Indeterminate", "Price Quantity Indeterminate Increase" ], "local_options": [ "Price\nQuantity\nDecrease\nDecrease", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nIncrease\nIncrease", "Price\nQuantity\nIncrease\nIndeterminate", "Price\nQuantity\nIndeterminate\nIncrease" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 16 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 49, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 49, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a severe drought destroys a significant portion of the peanut crop and peanut farmers' revenues increase, which of the following is true over the observed range of prices?", "local_stem": "If a severe drought destroys a significant portion of the peanut crop and peanut farmers' revenues increase, which of\nthe following is true over the observed range of prices?", "web_options": [ "The demand for peanuts must be unit price elastic.", "The demand for peanuts must be price elastic.", "The demand for peanuts must be unit price inelastic.", "The supply ofpeanuts must be price inelastic.", "The supply ofpeanuts must be price elastic." ], "local_options": [ "The demand for peanuts must be unit price elastic.", "The demand for peanuts must be price elastic.", "The demand for peanuts must be unit price inelastic.", "The supply of peanuts must be price inelastic.", "The supply of peanuts must be price elastic." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 16 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 50, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 50, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the government eliminates an effective minimum wage in a competitive labor market, which of the following is true?", "local_stem": "If the government eliminates an effective minimum wage in a competitive labor market, which of the following is\ntrue?", "web_options": [ "Minimum wage workers will experience no change in hourly pay.", "Minimum wage workers will experience a decrease in hourly pay.", "The number of people employed will decrease because people do not want to work for low wages.", "There will be an excess demand for workers.", "There will be an increase in the supply of workers." ], "local_options": [ "Minimum wage workers will experience no change in hourly pay.", "Minimum wage workers will experience a decrease in hourly pay.", "The number of people employed will decrease because people do not want to work for low wages.", "There will be an excess demand for workers.", "There will be an increase in the supply of workers." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 16 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 51, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 51, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the absence of market failures, a perfectly competitive market equilibrium is efficient for which of the following reasons?", "local_stem": "In the absence of market failures, a perfectly competitive market equilibrium is efficient for which of the following\nreasons?", "web_options": [ "Consumer surplus is maximized and consumers are better off relative to producers.", "Producer surplus is maximized and producers are better off relative to consumers.", "Total economic surplus is maximized and all mutually beneficial transactions are exhausted.", "Total economic surplus is distributed equally between producers and consumers.", "The quantity of output is produced at a constant cost so that every consumer pays the same price." ], "local_options": [ "Consumer surplus is maximized and consumers are better off relative to producers.", "Producer surplus is maximized and producers are better off relative to consumers.", "Total economic surplus is maximized and all mutually beneficial transactions are exhausted.", "Total economic surplus is distributed equally between producers and consumers.", "The quantity of output is produced at a constant cost so that every consumer pays the same price." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 17 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 52, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 52, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the market demand for a good is perfectly inelastic, the market supply for the good is perfectly elastic, and the market is in equilibrium. If there is a decrease in the price of a key input used in the production of the good, which of the following will occur?", "local_stem": "Assume that the market demand for a good is perfectly inelastic, the market supply for the good is perfectly elastic,\nand the market is in equilibrium. If there is a decrease in the price of a key input used in the production of the good,\nwhich of the following will occur?", "web_options": [ "There will be a decrease in the equilibrium quantity.", "There will be no change in the producer surplus.", "There will be a decrease in the producer surplus.", "There will be a decrease in the consumer surplus.", "There will be an increase in the equilibrium price." ], "local_options": [ "There will be a decrease in the equilibrium quantity.", "There will be no change in the producer surplus.", "There will be a decrease in the producer surplus.", "There will be a decrease in the consumer surplus.", "There will be an increase in the equilibrium price." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 17 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 53, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 53, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the price elasticity of demand for good X is constant and equal to -0.5 and the price elasticity of demand for good Y is constant and equal to -2. Assume that goods X and Y have identical upward-sloping elastic supply curves. If a per-unit excise tax of the same amount is levied on good X and on good Y, which of the following would be true?", "local_stem": "Assume that the price elasticity of demand for good X is constant and equal to -0.5 and the price elasticity of\ndemand for good Y is constant and equal to -2. Assume that goods X and Y have identical upward-sloping\nelastic supply curves. If a per-unit excise tax of the same amount is levied on good X and on good Y, which of the\nfollowing would be true?", "web_options": [ "The percentage decrease in the quantity of good X demanded would be greater than the percentage decrease in the quantity of good Y demanded.", "The tax share paid by consumers of good X would be relatively higher than that paid by consumers of good Y.", "The tax share paid by consumers of good Y would be relatively higher than that paid by consumers of good X.", "The tax share paid by sellers of good Y would be relatively lower than that paid by sellers of good X.", "The tax share paid by sellers of goods X and Y would be the same." ], "local_options": [ "The percentage decrease in the quantity of good X demanded would be greater than the percentage decrease\nin the quantity of good Y demanded.", "The tax share paid by consumers of good X would be relatively higher than that paid by consumers of good\nY.", "The tax share paid by consumers of good Y would be relatively higher than that paid by consumers of good\nX.", "The tax share paid by sellers of good Y would be relatively lower than that paid by sellers of good X.", "The tax share paid by sellers of goods X and Y would be the same." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 17 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 54, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 54, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the supply of corn is relatively price inelastic, while the demand for corn is relatively price elastic. If the government imposes a per-unit excise tax on the production of corn, the incidence of the tax will fall", "local_stem": "Assume that the supply of corn is relatively price inelastic, while the demand for corn is relatively price elastic. If\nthe government imposes a per-unit excise tax on the production of corn, the incidence of the tax will fall", "web_options": [ "entirely on buyers", "more on buyers than on sellers", "entirely on sellers", "more on sellers than on buyers", "equally on both buyers and sellers" ], "local_options": [ "entirely on buyers", "more on buyers than on sellers", "entirely on sellers", "more on sellers than on buyers", "equally on both buyers and sellers" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 17 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 55, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 55, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the price of orange juice increases by 40 percent following a crop failure. If the quantity demanded falls by 10 percent, which of the following is true?", "local_stem": "Assume that the price of orange juice increases by 40 percent following a crop failure. If the quantity demanded\nfalls by 10 percent, which of the following is true?", "web_options": [ "The demand for orange juice is elastic.", "The price of grapefruit juice, a substitute good, will fall.", "The absolute value of the price elasticity of demand for orange juice is 4.", "The absolute value of the price elasticity of demand for orange juice is 0.25.", "The absolute value of the price elasticity of demand for orange juice is 10." ], "local_options": [ "The demand for orange juice is elastic.", "The price of grapefruit juice, a substitute good, will fall.", "The absolute value of the price elasticity of demand for orange juice is 4.", "The absolute value of the price elasticity of demand for orange juice is 0.25.", "The absolute value of the price elasticity of demand for orange juice is 10." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 18 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 56, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 56, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The price elasticity of demand for a product is 0.5. If the price of the product increases by 20 percent, which of the following will occur?", "local_stem": "The price elasticity of demand for a product is 0.5. If the price of the product increases by 20 percent, which of the\nfollowing will occur?", "web_options": [ "The quantity demanded of the good will increase by 10%.", "The quantity demanded of the good will increase by 20%.", "The quantity demanded of the good will increase by 40%.", "The quantity demanded of the good will decrease by 10%.", "The quantity demanded of the good will decrease by 40%." ], "local_options": [ "The quantity demanded of the good will increase by 10%.", "The quantity demanded of the good will increase by 20%.", "The quantity demanded of the good will increase by 40%.", "The quantity demanded of the good will decrease by 10%.", "The quantity demanded of the good will decrease by 40%." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 18 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 57, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 57, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the price elasticity of supply for good Y is 0.5. If the price of good Y decreases by 30 percent, the quantity supplied of good Y will", "local_stem": "Assume that the price elasticity of supply for good Y is 0.5. If the price of good Y decreases by 30 percent, the\nquantity supplied of good Y will", "web_options": [ "decrease by 60 percent", "decrease by 30 percent", "decrease by 15 percent", "increase by 0.5 percent", "increase by 0.15 percent" ], "local_options": [ "decrease by 60 percent", "decrease by 30 percent", "decrease by 15 percent", "increase by 0.5 percent", "increase by 0.15 percent" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 18 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 58, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 58, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume a 10 percent increase in price increased the market quantity supplied by 20 percent. Which of the following is true?", "local_stem": "Assume a 10 percent increase in price increased the market quantity supplied by 20 percent. Which of the following\nis true?", "web_options": [ "The value of the price elasticity of supply is 2.", "The value of the price elasticity of supply is 0.5.", "Supply is price inelastic.", "Demand is price elastic.", "This price-quantity combination violates the law of supply." ], "local_options": [ "The value of the price elasticity of supply is 2.", "The value of the price elasticity of supply is 0.5.", "Supply is price inelastic.", "Demand is price elastic.", "This price-quantity combination violates the law of supply." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 18 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 59, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 59, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that more corn is used to produce ethanol. Simultaneously, more effective control of pests and weeds occurs in farming. Which of the following will definitely occur in the corn market?", "local_stem": "Assume that more corn is used to produce ethanol. Simultaneously, more effective control of pests and weeds\noccurs in farming. Which of the following will definitely occur in the corn market?", "web_options": [ "The price of corn will increase.", "The quantity of corn will decrease.", "The price of corn will decrease.", "The quantity of corn will increase.", "The supply of corn will decrease." ], "local_options": [ "The price of corn will increase.", "The quantity of corn will decrease.", "The price of corn will decrease.", "The quantity of corn will increase.", "The supply of corn will decrease." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 18 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 60, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 60, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the value of the price elasticity of supply is 3, which of the following is true?", "local_stem": "If the value of the price elasticity of supply is 3, which of the following is true?", "web_options": [ "Supply is inelastic.", "A percentage increase in price will lead to a relatively smaller percentage increase in quantity supplied.", "The supply curve is downward sloping with respect to the price of output.", "A 10 percent decrease in price will decrease the quantity supplied by 30 percent.", "A 3 percent increase in price will decrease the quantity supplied by 10 percent." ], "local_options": [ "Supply is inelastic.", "A percentage increase in price will lead to a relatively smaller percentage increase in quantity supplied.", "The supply curve is downward sloping with respect to the price of output.", "A 10 percent decrease in price will decrease the quantity supplied by 30 percent.", "A 3 percent increase in price will decrease the quantity supplied by 10 percent." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 19 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 61, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 61, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following would shift the short-run supply curve for strawberries?", "local_stem": "Which of the following would shift the short-run supply curve for strawberries?", "web_options": [ "A decrease in the consumption of strawberries", "An increase in the price of strawberries", "A strike by all farmworkers", "An increase in household incomes", "An announcement of a study that shows the health benefits of eating strawberries" ], "local_options": [ "A decrease in the consumption of strawberries", "An increase in the price of strawberries", "A strike by all farmworkers", "An increase in household incomes", "An announcement of a study that shows the health benefits of eating strawberries" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 19 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 62, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 62, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the minimum wage for teenagers increased to a rate higher than their market equilibrium wage, what would be the effect on their wage and employment?", "local_stem": "If the minimum wage for teenagers increased to a rate higher than their market equilibrium wage, what would be the\neffect on their wage and employment?", "web_options": [ "Wage Employment Increase No effect", "Wage Employment Increase Increase", "Wage Employment Increase Decrease", "Wage Employment Decrease Increase", "Wage Employment Decrease Decrease" ], "local_options": [ "Wage\nEmployment\nIncrease\nNo effect", "Wage\nEmployment\nIncrease\nIncrease", "Wage\nEmployment\nIncrease\nDecrease", "Wage\nEmployment\nDecrease\nIncrease", "Wage\nEmployment\nDecrease\nDecrease" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 19 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 63, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 63, "local_page": 24, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that people like onions on their hamburgers. If the supply of hamburgers decreases,the demand for onions will most likely", "local_stem": "Assume that people like onions on their hamburgers. If the supply of hamburgers decreases, the demand for onions\nwill most likely", "web_options": [ "remain unchanged because hamburgers and onions are different goods", "increase because hamburgers and onions are substitutes", "increase because hamburgers and onions are complements", "decrease because hamburgers and onions are complements", "decrease because hamburgers and onions are substitutes" ], "local_options": [ "remain unchanged because hamburgers and onions are different goods", "increase because hamburgers and onions are substitutes", "increase because hamburgers and onions are complements", "decrease because hamburgers and onions are complements", "decrease because hamburgers and onions are substitutes" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 19 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 64, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 64, "local_page": 24, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following describes how a market will respond when the scarcity of a good increases?", "local_stem": "Which of the following describes how a market will respond when the scarcity of a good increases?", "web_options": [ "Consumers will increase their demand for the good", "Consumers will decrease their demand for the good.", "The price of the good will increase.", "The price of the good will decrease.", "Producers will increase the supply of the good." ], "local_options": [ "Consumers will increase their demand for the good", "Consumers will decrease their demand for the good.", "The price of the good will increase.", "The price of the good will decrease.", "Producers will increase the supply of the good." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 20 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 65, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 65, "local_page": 25, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "For consumers, assume that fish sticks and tacos are substitutes. Which of the following graphs illustrates the effect on the taco market if the price of fish sticks increases?", "local_stem": "For consumers, assume that fish sticks and tacos are substitutes. Which of the following graphs illustrates the effect\non the taco market if the price of fish sticks increases?", "web_options": [ "", "", "", "", "" ], "local_options": [ "", "", "", "", "" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/30287799409106872208.png", "https://static.shanmaostar.com/default/ap/97131169274926289131.png", "https://static.shanmaostar.com/default/ap/91826748704977499251.png", "https://static.shanmaostar.com/default/ap/03273211094047656029.png", "https://static.shanmaostar.com/default/ap/33438062361485894572.png" ], "answer": "A", "download_pdf_page": 20 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 66, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 66, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The diagram above shows the demand curve for a good. If the price increases from P 1 to P 2 , and quantity consumed decreases from Q 2 to Q 1 , consumer surplus decreases by the area", "local_stem": "The diagram above shows the demand curve for a good. If the price increases from P1 to P2, and quantity consumed\ndecreases from Q2 to Q1 , consumer surplus decreases by the area", "web_options": [ "BDC", "P 1 P 2 BC", "P 1 P 2 BD", "Q 1 DCQ 2", "P 2 P 3 B" ], "local_options": [ "BDC", "P1P2BC", "P1P2BD", "Q1DCQ2", "P2P3B" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/28958997175583204541.png" ], "answer": "B", "download_pdf_page": 21 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 67, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 67, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the imposition of a per-unit tax on a good reduces the total consumer surplus by more than the reduction of total producer surplus in a competitive market, then which of the following must be true?", "local_stem": "If the imposition of a per-unit tax on a good reduces the total consumer surplus by more than the reduction of total\nproducer surplus in a competitive market, then which of the following must be true?", "web_options": [ "The price sellers receive decreases by more than the amount of the tax.", "The price buyers pay increases by more than the amount of the tax.", "Demand is less elastic than supply.", "Demand is more elastic than supply.", "Demand and supply are both unit elastic." ], "local_options": [ "The price sellers receive decreases by more than the amount of the tax.", "The price buyers pay increases by more than the amount of the tax.", "Demand is less elastic than supply.", "Demand is more elastic than supply.", "Demand and supply are both unit elastic." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 22 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 68, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 68, "local_page": 28, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the figure above, at which of the given points is demand most elastic?", "local_stem": "In the figure above, at which of the given points is demand most elastic?", "web_options": [ "X", "Y", "Z", "The elasticity is the same for all points.", "The relative elasticity cannot be determined with the given information." ], "local_options": [ "X", "Y", "Z", "The elasticity is the same for all points.", "The relative elasticity cannot be determined with the given information." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/27855321563086041346.png" ], "answer": "C", "download_pdf_page": 22 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 69, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 69, "local_page": 28, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The supply curve for automobiles will shift to the left in response to", "local_stem": "The supply curve for automobiles will shift to the left in response to", "web_options": [ "an increase in the efficiency of robot technology", "an increse in wages in the automobile industry", "a decrease in the number of consumers purchasing automobiles", "a decrease in the interest rates for automobile loans", "a decrease in consumers' income" ], "local_options": [ "an increase in the efficiency of robot technology", "an increse in wages in the automobile industry", "a decrease in the number of consumers purchasing automobiles", "a decrease in the interest rates for automobile loans", "a decrease in consumers' income" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 22 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 70, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 70, "local_page": 28, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a normal good is produced in a competitive market, which of the following combination of events could cause the price of the good to increase and the quantity to decrease?", "local_stem": "If a normal good is produced in a competitive market, which of the following combination of events could cause the\nprice of the good to increase and the quantity to decrease?", "web_options": [ "An increase in the average income of consumers and an increase in the number of producing firms", "An increase in the average income of consumers and an increase in the price of a variable input", "An increase in the price of a substitute good an an increase in the number of producing firms", "A decrease in the number of consumers and a decrease in the price of a variable input", "A decrease in the average income of consumers and an increase in the number of producing firms" ], "local_options": [ "An increase in the average income of consumers and an increase in the number of producing firms", "An increase in the average income of consumers and an increase in the price of a variable input", "An increase in the price of a substitute good an an increase in the number of producing firms", "A decrease in the number of consumers and a decrease in the price of a variable input", "A decrease in the average income of consumers and an increase in the number of producing firms" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 22 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 71, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 71, "local_page": 29, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows the market for good X The letters in the graph denote the enclosed areas If the government imposes an excise tax of t dollars on each unit of good X, which of the following represents the consumer surplus, producer surplus, and deadweight loss after the imposition of the tax?", "local_stem": "The graph above shows the market for good X The letters in the graph denote the enclosed areas If the government\nimposes an excise tax of t dollars on each unit of good X, which of the following represents the consumer surplus,\nproducer surplus, and deadweight loss after the imposition of the tax?", "web_options": [ "Consumer Surplus: A Producer Surplus: G Deadweight Loss: D+E", "Consumer Surplus: A Producer Surplus: F+E Deadweight Loss: D+E", "Consumer Surplus: A+B Producer Surplus: G+F+E Deadweight Loss: C+D", "Consumer Surplus: A+B+H Producer Surplus: G+F Deadweight Loss: D+E", "Consumer Surplus: A+B+H Producer Surplus: G+F+C Deadweight Loss: E" ], "local_options": [ "Consumer Surplus: A\nProducer Surplus: G\nDeadweight Loss: D+E", "Consumer Surplus: A\nProducer Surplus: F+E\nDeadweight Loss: D+E", "Consumer Surplus: A+B\nProducer Surplus: G+F+E\nDeadweight Loss: C+D", "Consumer Surplus: A+B+H\nProducer Surplus: G+F\nDeadweight Loss: D+E", "Consumer Surplus: A+B+H\nProducer Surplus: G+F+C\nDeadweight Loss: E" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/80663995477680294637.png" ], "answer": "A", "download_pdf_page": 23 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 72, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 72, "local_page": 29, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a hurricane reduced the crab population, the price of crabs and quantity sold would change in which of the following ways?", "local_stem": "If a hurricane reduced the crab population, the price of crabs and quantity sold would change in which of the\nfollowing ways?", "web_options": [ "Price Quantity Increase Increase", "Price Quantity Increase Decrease", "Price Quantity Decrease Increase", "Price Quantity Decrease Decrease", "Price Quantity No change Decrease" ], "local_options": [ "Price\nQuantity\nIncrease\nIncrease", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nDecrease\nIncrease", "Price\nQuantity\nDecrease\nDecrease", "Price\nQuantity\nNo change\nDecrease" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 23 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 73, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 73, "local_page": 31, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0619 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "In the diagram above, if there is a price ceiling set at P 1 , consumer surplus will be represented by the area", "local_stem": "In the diagram above, if there is a price ceiling set at P1, consumer surplus will be represented by the area", "web_options": [ "ABC", "P 2 BP 0", "P 3 BP 2", "P 3 ACP 1", "P 3 BCP 1" ], "local_options": [ "ABC", "P2BP0", "P3BP2", "P3ACP1", "P3BCP1\nAssume that the original supply and demand curves of a commodity are S and D, respectively. Also assume that the\ngovernment imposes an excise tax (per unit tax) of t dollars on the commodity, which shifts the supply curve to S1." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/16396364347157851148.png" ], "answer": "D", "download_pdf_page": 24 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 74, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 74, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The deadweight loss created by the tax is equal to", "local_stem": "The deadweight loss created by the tax is equal to", "web_options": [ "P 1 GHP 0", "P 1 GKP 0", "GHK", "GKI", "zero" ], "local_options": [ "P1GHP0", "P1GKP0", "GHK", "GKI", "zero" ], "web_passage": "Assume that the original supply and demand curves of a commodity are S and D, respectively. Also assume that the government imposes an excise tax (per unit tax) of t dollars on the commodity, which shifts the supply curve to S 1 .", "web_images": [ "https://static.shanmaostar.com/default/ap/06231008896111779611.png" ], "answer": "D", "download_pdf_page": 24 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 75, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 75, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following bears the total tax burden?", "local_stem": "Which of the following bears the total tax burden?", "web_options": [ "The consumers bear it.", "The producers bear it.", "The consumers and the producers each bear a part of it.", "The group that legally pays the tax bears it.", "The government bears it." ], "local_options": [ "The consumers bear it.", "The producers bear it.", "The consumers and the producers each bear a part of it.", "The group that legally pays the tax bears it.", "The government bears it." ], "web_passage": "Assume that the original supply and demand curves of a commodity are S and D, respectively. Also assume that the government imposes an excise tax (per unit tax) of t dollars on the commodity, which shifts the supply curve to S 1 .", "web_images": [ "https://static.shanmaostar.com/default/ap/06231008896111779611.png" ], "answer": "C", "download_pdf_page": 25 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 76, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 76, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The total amount of tax collected by the government is equal to", "local_stem": "The total amount of tax collected by the government is equal to", "web_options": [ "P 1 GQ 1 0", "P 1 GIP 2", "P 0 P 1 JK", "P 0 P 1 GH", "P 0 P 2 IH" ], "local_options": [ "P1GQ10", "P1GIP2", "P0P1JK", "P0P1GH", "P0P2IH" ], "web_passage": "Assume that the original supply and demand curves of a commodity are S and D, respectively. Also assume that the government imposes an excise tax (per unit tax) of t dollars on the commodity, which shifts the supply curve to S 1 .", "web_images": [ "https://static.shanmaostar.com/default/ap/06231008896111779611.png" ], "answer": "B", "download_pdf_page": 25 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 77, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 77, "local_page": 33, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The diagram above depicts the demand and supply curves for good Y. The perfectly competitive market is initially in equilibrium, but the government decides to institute a price floor program by setting the price of good Y at P F and agrees to purchase all unsold units of good Y from the producers. The cost of this program to the government is represented by which of the following areas?", "local_stem": "The diagram above depicts the demand and supply curves for good Y. The perfectly competitive market is initially\nin equilibrium, but the government decides to institute a price floor program by setting the price of good Y at PF and\nagrees to purchase all unsold units of good Y from the producers. The cost of this program to the government is\nrepresented by which of the following areas?", "web_options": [ "0P F JQ 2", "0P F KQ 3", "GIKH", "Q 1 IJQ 2", "Q 1 IKQ 3" ], "local_options": [ "0PFJQ2", "0PFKQ3", "GIKH", "Q1IJQ2", "Q1IKQ3" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/69832420689452955578.png" ], "answer": "E", "download_pdf_page": 26 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 78, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 78, "local_page": 33, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Consumer surplus in a market for a good exists because", "local_stem": "Consumer surplus in a market for a good exists because", "web_options": [ "binding price floors encourage producers to increase the supply of the good", "some consumers would be willing to pay more than the equilibrium price of the good", "when the price of the good decreases, most consumers increase their demand for the good", "producers do not have market power to set their own price", "some producers charge different prices for the good in different markets" ], "local_options": [ "binding price floors encourage producers to increase the supply of the good", "some consumers would be willing to pay more than the equilibrium price of the good", "when the price of the good decreases, most consumers increase their demand for the good", "producers do not have market power to set their own price", "some producers charge different prices for the good in different markets" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 26 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 79, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 79, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the graph above, S is the original supply curve, and S 1 is the supply curve including an excise tax. The area representing the tax revenue to the government is", "local_stem": "In the graph above, S is the original supply curve, and S1 is the supply curve including an excise tax. The area\nrepresenting the tax revenue to the government is", "web_options": [ "P 1 P 3 V T", "P 2 P 4 RZ", "P 2 P 4 XU", "P 2 UQ 3 0", "P 3 VQ 2 0" ], "local_options": [ "P1P3VT", "P2P4RZ", "P2P4XU", "P2UQ30", "P3VQ20" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/99141672699634342803.png" ], "answer": "A", "download_pdf_page": 27 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 80, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 80, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the quantity of gasoline supplied and demanded at various prices in a country. If the government sets a price floor of $2.75 on a gallon of gasoline, what is the price per gallon?", "local_stem": "The table above shows the quantity of gasoline supplied and demanded at various prices in a country. If the\ngovernment sets a price floor of $2.75 on a gallon of gasoline, what is the price per gallon?", "web_options": [ "$2.75", "$3.00", "$3.25", "$3.50", "$3.75" ], "local_options": [ "$2.75", "$3.00", "$3.25", "$3.50", "$3.75" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/50639569446552595674.png" ], "answer": "C", "download_pdf_page": 27 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 81, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 81, "local_page": 35, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Suppose the government sets a price floor at $9 in the market. The resulting consumer surplus, producer surplus, and deadweight loss will be which of the following?", "local_stem": "Suppose the government sets a price floor at $9 in the market. The resulting consumer surplus, producer surplus,\nand deadweight loss will be which of the following?", "web_options": [ "", "", "", "", "" ], "local_options": [ "Consumer SurplusProducer SurplusDeadweight Loss\nB + E\nC + F\nA + B", "Consumer SurplusProducer SurplusDeadweight Loss\nA + B\nC + D\nE + F", "Consumer SurplusProducer SurplusDeadweight Loss\nA\nC + D + F\nE", "Consumer SurplusProducer SurplusDeadweight Loss\nA + B + E\nC + D + F\n0", "Consumer SurplusProducer SurplusDeadweight Loss\nA\nB + C + D\nE + F" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/48156093387104917718.png", "https://static.shanmaostar.com/default/ap/56222305415925496798.png", "https://static.shanmaostar.com/default/ap/73629125420749039074.png", "https://static.shanmaostar.com/default/ap/68482904049685905448.png", "https://static.shanmaostar.com/default/ap/01757656045501028680.png", "https://static.shanmaostar.com/default/ap/95198446818246204026.png" ], "answer": "E", "download_pdf_page": 28 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 82, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 82, "local_page": 36, "stem_similarity": 1.0, "option_similarities": [ 0.6, 0.6, 0.6, 0.6, 0.6 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Total economic surplus will be maximized at which of the following price and quantity combinations?", "local_stem": "Total economic surplus will be maximized at which of the following price and quantity combinations?", "web_options": [ "P 3 and Q 3", "P 3 and  Q 1", "P 2 and Q 2", "P 1 and Q 1", "P 1 and Q 3" ], "local_options": [ "and", "and", "and", "and", "and" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/48156093387104917718.png" ], "answer": "C", "download_pdf_page": 29 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 83, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 83, "local_page": 37, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above illustrates the labor market for teenage workers. The current minimum wage for all workers is W 1 . If Congress introduces a sub-minimum wage, W 2 that applies only to teenagers, what is the most likely effect on teenage employment?", "local_stem": "The graph above illustrates the labor market for teenage workers. The current minimum wage for all workers is W1.\nIf Congress introduces a sub-minimum wage, W2 that applies only to teenagers, what is the most likely effect on\nteenage employment?", "web_options": [ "Teenage employment will increase because firms will want to hire more teenagers at W 2 than at W 1 .", "Teenage employment will increase because more teenagers will want to work at W 2 than at W 1 .", "Teenage employment will decrease because fewer teenagers will want to work at W 2 than at W 1 .", "Teenage employment will decrease because firms will want to hire fewer teenagers at W 2 than at W 1 .", "Teenage employment will stay the same because the market-clearing wage is lower than W 1 and W 2 ." ], "local_options": [ "Teenage employment will increase because firms will want to hire more teenagers at W2 than at W1.", "Teenage employment will increase because more teenagers will want to work at W2 than at W1.", "Teenage employment will decrease because fewer teenagers will want to work at W2 than at W1.", "Teenage employment will decrease because firms will want to hire fewer teenagers at W2 than at W1.", "Teenage employment will stay the same because the market-clearing wage is lower than W1 and W2." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/45468926909733862415.png" ], "answer": "A", "download_pdf_page": 29 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 84, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 84, "local_page": 37, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Given an increase in the price of material K— which is an input used to produce good X— and an increase in the price of good Y— which is a substitute for good X— which of the following will definitely occur?", "local_stem": "Given an increase in the price of material K— which is an input used to produce good X— and an increase in the\nprice of good Y— which is a substitute for good X— which of the following will definitely occur?", "web_options": [ "The equilibrium price of good X will decrease.", "The equilibrium price of good X will increase.", "The equilibrium quantity of good X will be unaffected.", "The equilibrium quantity of good X will increase.", "The equilibrium quantity of good X will decrease." ], "local_options": [ "The equilibrium price of good X will decrease.", "The equilibrium price of good X will increase.", "The equilibrium quantity of good X will be unaffected.", "The equilibrium quantity of good X will increase.", "The equilibrium quantity of good X will decrease." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 29 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 85, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 85, "local_page": 37, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If cotton is used to produce towels, an increase in the price of cotton will result in which of the following changes in the towel market?", "local_stem": "If cotton is used to produce towels, an increase in the price of cotton will result in which of the following changes in\nthe towel market?", "web_options": [ "A decrease in the demand for towels, which leads to a shortage of towels followed by upward pressure on the price of towels", "A decrease in the demand for towels, which leads to a surplus of towels followed by downward pressure on the price of towels", "A decrease in the supply of towels, which leads to a shortage of towels followed by upward pressure on the price of towels", "An increase in the supply of towels, which leads to a surplus of towels followed by downward pressure on the price of towels", "An increase in both the demand and supply of towels, which leads to a surplus of towels followed by upward pressure on the price of towels" ], "local_options": [ "A decrease in the demand for towels, which leads to a shortage of towels followed by upward pressure on the\nprice of towels", "A decrease in the demand for towels, which leads to a surplus of towels followed by downward pressure on\nthe price of towels", "A decrease in the supply of towels, which leads to a shortage of towels followed by upward pressure on the\nprice of towels", "An increase in the supply of towels, which leads to a surplus of towels followed by downward pressure on\nthe price of towels", "An increase in both the demand and supply of towels, which leads to a surplus of towels followed by upward\npressure on the price of towels" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 30 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 86, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 86, "local_page": 38, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows the supply and demand curves for artichokes. The surgeon general announces that eating an artichoke a day dramatically reduces one’s likelihood of developing cancer. Simultaneously an infestation of the artichoke weevil severely damages the crop. Which of the following will definitely occur as a result?", "local_stem": "The graph above shows the supply and demand curves for artichokes. The surgeon general announces that eating an\nartichoke a day dramatically reduces one’s likelihood of developing cancer. Simultaneously an infestation of the\nartichoke weevil severely damages the crop. Which of the following will definitely occur as a result?", "web_options": [ "The supply of artichokes will increase.", "The price of artichokes will increase.", "The demand for artichokes will decrease.", "The quantity of artichokes grown will decrease.", "The profits of farmers who specialize in growing artichokes will decrease." ], "local_options": [ "The supply of artichokes will increase.", "The price of artichokes will increase.", "The demand for artichokes will decrease.", "The quantity of artichokes grown will decrease.", "The profits of farmers who specialize in growing artichokes will decrease." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/58622430837591085059.png" ], "answer": "B", "download_pdf_page": 30 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 87, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 87, "local_page": 38, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose that the demand for vegetables is price elastic. If the price of vegetables increases by 5 percent, the quantity of vegetables demanded would", "local_stem": "Suppose that the demand for vegetables is price elastic. If the price of vegetables increases by 5 percent, the\nquantity of vegetables demanded would", "web_options": [ "increase by 5 percent", "increase by more than 5 percent", "increase by less than 5 percent", "decrease by more than 5 percent", "decrease by less than 5 percent" ], "local_options": [ "increase by 5 percent", "increase by more than 5 percent", "increase by less than 5 percent", "decrease by more than 5 percent", "decrease by less than 5 percent" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 30 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 88, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 88, "local_page": 38, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the demand for insulin is price inelastic, a 5 percent increase in the price of insulin will", "local_stem": "If the demand for insulin is price inelastic, a 5 percent increase in the price of insulin will", "web_options": [ "have no effect on the total revenue of insulin producers", "increase the total revenue of insulin producers", "decrease the total revenue of insulin producers", "decrease the total spending on insulin by consumers", "cause the demand for insulin to be less elastic" ], "local_options": [ "have no effect on the total revenue of insulin producers", "increase the total revenue of insulin producers", "decrease the total revenue of insulin producers", "decrease the total spending on insulin by consumers", "cause the demand for insulin to be less elastic" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 30 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 89, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 89, "local_page": 39, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the demand for product X is perfectly elastic and the supply of product X decreases, which of the following will occur in the market for X ?", "local_stem": "If the demand for product X is perfectly elastic and the supply of product X decreases, which of the following will\noccur in the market for X ?", "web_options": [ "Total revenue will increase.", "Total revenue will decrease.", "Total revenue will remain the same.", "Quantity demanded will exceed quantity supplied.", "Quantity supplied will exceed quantity demanded." ], "local_options": [ "Total revenue will increase.", "Total revenue will decrease.", "Total revenue will remain the same.", "Quantity demanded will exceed quantity supplied.", "Quantity supplied will exceed quantity demanded." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 31 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 90, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 90, "local_page": 39, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.9863 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Which of the following statements relating to income elasticity is true?", "local_stem": "Which of the following statements relating to income elasticity is true?", "web_options": [ "A positive value for the income elasticity coefficient indicates an inferior good.", "If good X and good Y have negative income elasticities, then both goods are substitutes.", "With an income elasticity coefficient of 0.6, the demand is inelastic and the good is an inferior good.", "With an income elasticity coefficient of 5, a 10 percent increase in income will lead to a 50 percent increase in the quantity demanded of the good.", "With an income elasticity coefficient of -1.2, a 10 percent increase in income will lead to a 12 percent decrease in the price of the good." ], "local_options": [ "A positive value for the income elasticity coefficient indicates an inferior good.", "If good X and good Y have negative income elasticities, then both goods are substitutes.", "With an income elasticity coefficient of 0.6, the demand is inelastic and the good is an inferior good.", "With an income elasticity coefficient of 5, a 10 percent increase in income will lead to a 50 percent increase\nin the quantity demanded of the good.", "With an income elasticity coefficient of\n, a 10 percent increase in income will lead to a 12 percent\ndecrease in the price of the good." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 31 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 91, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 91, "local_page": 39, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following provides a possible explanation for a simultaneous increase in the equilibrium price and the quantity of blueberries in a market?", "local_stem": "Which of the following provides a possible explanation for a simultaneous increase in the equilibrium price and the\nquantity of blueberries in a market?", "web_options": [ "An increase in the price of strawberries, a substitute", "An increase in the supply of strawberries, a substitute", "An increase in the price of farmland used to grow blueberries", "A decrease in the price of blueberry harvesting equipment", "Imposition of a price floor in the market for blueberries" ], "local_options": [ "An increase in the price of strawberries, a substitute", "An increase in the supply of strawberries, a substitute", "An increase in the price of farmland used to grow blueberries", "A decrease in the price of blueberry harvesting equipment", "Imposition of a price floor in the market for blueberries" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 31 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 92, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 92, "local_page": 39, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "For a normal good, the income effect of a price change refers to the change in the consumption of the good that occurs because of the change in", "local_stem": "For a normal good, the income effect of a price change refers to the change in the consumption of the good that\noccurs because of the change in", "web_options": [ "consumers’ purchasing power", "the demand for a substitute good", "the supply of the good", "relative price", "marginal utility" ], "local_options": [ "consumers’ purchasing power", "the demand for a substitute good", "the supply of the good", "relative price", "marginal utility" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 31 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 93, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 93, "local_page": 39, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume the income elasticity of demand for good Z equals . Which of the following is true?", "local_stem": "Assume the income elasticity of demand for good Z equals\n. Which of the following is true?", "web_options": [ "Good Z is a normal good.", "Good Z must have an inelastic demand.", "An increase in income will lead to a decrease in demand.", "An increase in income will lead to an increase in demand.", "The income effect of a price increase will be a decrease in quantity demanded at every price." ], "local_options": [ "Good Z is a normal good.", "Good Z must have an inelastic demand.", "An increase in income will lead to a decrease in demand.", "An increase in income will lead to an increase in demand.", "The income effect of a price increase will be a decrease in quantity demanded at every price." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 32 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 94, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 94, "local_page": 40, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following helps explain why the demand curve for a normal good is downward sloping?", "local_stem": "Which of the following helps explain why the demand curve for a normal good is downward sloping?", "web_options": [ "The income and substitution effects move the quantity demanded in the same direction.", "The income effect moves the quantity demanded in the opposite direction of the substitution effect.", "The income effect dominates the substitution effect.", "The substitution effect dominates the income effect.", "With an increase in income, the consumer decreases consumption of the good." ], "local_options": [ "The income and substitution effects move the quantity demanded in the same direction.", "The income effect moves the quantity demanded in the opposite direction of the substitution effect.", "The income effect dominates the substitution effect.", "The substitution effect dominates the income effect.", "With an increase in income, the consumer decreases consumption of the good." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 32 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 95, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 95, "local_page": 40, "stem_similarity": 0.9813, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "A 10 percent increase in Sandra’s income causes Sandra’s consumption of milk to decrease from 10 cartons to 6 cartons. Sandra’s income elasticity of demand for milk is", "local_stem": "A\npercent increase in Sandra’s income causes Sandra’s consumption of milk to decrease from\ncartons to\ncartons. Sandra’s income elasticity of demand for milk is", "web_options": [ "greater than zero and therefore milk is a necessity", "greater than zero and therefore milk is a normal good", "less than zero and therefore milk is a normal good", "less than zero and therefore milk is an inferior good", "greater than one and therefore milk is a necessity" ], "local_options": [ "greater than zero and therefore milk is a necessity", "greater than zero and therefore milk is a normal good", "less than zero and therefore milk is a normal good", "less than zero and therefore milk is an inferior good", "greater than one and therefore milk is a necessity" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 32 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 96, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 96, "local_page": 40, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following changes will lead to an increase in the supply of good X?", "local_stem": "Which of the following changes will lead to an increase in the supply of good X?", "web_options": [ "An increase in the price of good X", "An increase in the wages of labor used to produce good X", "A decrease in the price of energy, a key input to the production of good X", "An increase in the demand for good X", "A decrease in the number of sellers of good X" ], "local_options": [ "An increase in the price of good X", "An increase in the wages of labor used to produce good X", "A decrease in the price of energy, a key input to the production of good X", "An increase in the demand for good X", "A decrease in the number of sellers of good X" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 32 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 97, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 97, "local_page": 40, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The market for goldfish is perfectly competitive. From year 1 to year 2, both the price and the quantity of goldfish sold increase. This is most likely caused by", "local_stem": "The market for goldfish is perfectly competitive. From year 1 to year 2, both the price and the quantity of goldfish\nsold increase. This is most likely caused by", "web_options": [ "an increase in the supply", "a decrease in the supply", "an increase in the demand", "a decrease in the demand", "a decrease in both the demand and the supply" ], "local_options": [ "an increase in the supply", "a decrease in the supply", "an increase in the demand", "a decrease in the demand", "a decrease in both the demand and the supply" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 32 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 98, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 98, "local_page": 40, "stem_similarity": 0.9153, "option_similarities": [ 0.6667, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Carmen consumes both entertainment and medical care. For Carmen, entertainment is a normal good, and the income elasticity of her demand for medical care is zero. If Carmen’s income increases, which of the following will be the immediate impact on her consumption? Entertainment: Increase; Medical care: Increase", "local_stem": "Carmen consumes both entertainment and medical care. For Carmen, entertainment is a normal good, and the\nincome elasticity of her demand for medical care is zero. If Carmen’s income increases, which of the following will\nbe the immediate impact on her consumption?", "web_options": [ "Entertainment Medical care Increase Increase", "Entertainment Medical care Increase No change", "Entertainment Medical care No change Increase", "Entertainment Medical care Increase Decrease", "Entertainment Medical care Decrease Increase" ], "local_options": [ "Entertainment: Increase; Medical care: Increase\nEntertainment\nMedical care\nIncrease\nIncrease", "Entertainment\nMedical care\nIncrease\nNo change", "Entertainment\nMedical care\nNo change\nIncrease", "Entertainment\nMedical care\nIncrease\nDecrease", "Entertainment\nMedical care\nDecrease\nIncrease" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 33 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 99, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 99, "local_page": 41, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "For an inferior good, an increase in consumer income will cause", "local_stem": "For an inferior good, an increase in consumer income will cause", "web_options": [ "the demand curve to shift to the left", "the demand curve to shift to the right", "the short-run supply curve to shift to the right", "the long-run supply curve to shift to the right", "new firms to enter the market in the long run" ], "local_options": [ "the demand curve to shift to the left", "the demand curve to shift to the right", "the short-run supply curve to shift to the right", "the long-run supply curve to shift to the right", "new firms to enter the market in the long run" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 33 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 100, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 100, "local_page": 41, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If bologna is an inferior good, which of the following must be true?", "local_stem": "If bologna is an inferior good, which of the following must be true?", "web_options": [ "The demand curve for bologna is vertical.", "The demand curve for bologna is horizontal.", "An increase in the price of bologna will decrease the supply of bologna.", "An increase in consumer income will decrease the demand of bologna.", "A decrease in consumer income will decrease the supply of bologna." ], "local_options": [ "The demand curve for bologna is vertical.", "The demand curve for bologna is horizontal.", "An increase in the price of bologna will decrease the supply of bologna.", "An increase in consumer income will decrease the demand of bologna.", "A decrease in consumer income will decrease the supply of bologna." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 33 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 101, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 101, "local_page": 42, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The diagram above shows the demand and supply curves for a normal good. The equilibrium price could rise from P 1 to P 2 if", "local_stem": "The diagram above shows the demand and supply curves for a normal good. The equilibrium price could rise from\nP1 to P2 if", "web_options": [ "consumers’ incomes increased", "P 2 were set as a legal maximum", "subsidies on the product increased", "the price of a complementary product increased", "costs of production were substantially lowered" ], "local_options": [ "consumers’ incomes increased", "P2 were set as a legal maximum", "subsidies on the product increased", "the price of a complementary product increased", "costs of production were substantially lowered" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/91625242409906094769.png" ], "answer": "A", "download_pdf_page": 34 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 102, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 102, "local_page": 42, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will increase the demand for pizza, a normal good?", "local_stem": "Which of the following will increase the demand for pizza, a normal good?", "web_options": [ "An increase in the cost of producing pizza", "A decrease in the price of pizza", "An increase in the price of a complementary product", "An increase in consumers’ income", "An increase in the number of restaurants selling pizza" ], "local_options": [ "An increase in the cost of producing pizza", "A decrease in the price of pizza", "An increase in the price of a complementary product", "An increase in consumers’ income", "An increase in the number of restaurants selling pizza" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 34 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 103, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 103, "local_page": 42, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will decrease the demand for beef?", "local_stem": "Which of the following will decrease the demand for beef?", "web_options": [ "An increase in the price of pork, if pork and beef are substitute goods", "An increase in the price of potatoes, if potatoes and beef are complementary goods", "A decrease in the cost of transporting beef to consumers", "An increase in the income levels of most consumers, if beef is a normal good", "Research showing beef is better for your health than chicken" ], "local_options": [ "An increase in the price of pork, if pork and beef are substitute goods", "An increase in the price of potatoes, if potatoes and beef are complementary goods", "A decrease in the cost of transporting beef to consumers", "An increase in the income levels of most consumers, if beef is a normal good", "Research showing beef is better for your health than chicken" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 34 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 104, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 104, "local_page": 42, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will cause the supply curve for shoes to shift to the right?", "local_stem": "Which of the following will cause the supply curve for shoes to shift to the right?", "web_options": [ "An increase in the price of socks, assuming that shoes and socks are complements", "A decrease in the price of sandals, assuming that shoes and sandals are substitutes", "An increase in the wages of shoe workers", "An increase in the number of firms producing shoes", "A decrease in the income of consumers, assuming that shoes are normal goods" ], "local_options": [ "An increase in the price of socks, assuming that shoes and socks are complements", "A decrease in the price of sandals, assuming that shoes and sandals are substitutes", "An increase in the wages of shoe workers", "An increase in the number of firms producing shoes", "A decrease in the income of consumers, assuming that shoes are normal goods" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 34 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 105, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 105, "local_page": 43, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that mustard and ketchup are considered substitutes by consumers. If the price of mustard increases, which of the following graphs represents the most likely response in the ketchup market?", "local_stem": "Assume that mustard and ketchup are considered substitutes by consumers. If the price of mustard increases, which\nof the following graphs represents the most likely response in the ketchup market?", "web_options": [ "", "", "", "", "" ], "local_options": [ "", "", "", "", "" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/00936704812072666473.png", "https://static.shanmaostar.com/default/ap/02309945208325596817.png", "https://static.shanmaostar.com/default/ap/85990632868377611747.png", "https://static.shanmaostar.com/default/ap/13760904660083645938.png", "https://static.shanmaostar.com/default/ap/66788595378542663148.png" ], "answer": "C", "download_pdf_page": 35 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 106, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 106, "local_page": 44, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will cause the demand curve for good X to shift to the right?", "local_stem": "Which of the following will cause the demand curve for good X to shift to the right?", "web_options": [ "An increase in the price of good Z, a complement to good X", "An increase in the price of good Y, a substitute for good X", "An increase in the consumer’s income, if good X is an inferior good", "A decrease in the price of good X", "An increase in the supply of good X" ], "local_options": [ "An increase in the price of good Z, a complement to good X", "An increase in the price of good Y, a substitute for good X", "An increase in the consumer’s income, if good X is an inferior good", "A decrease in the price of good X", "An increase in the supply of good X" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 36 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 107, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 107, "local_page": 45, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assuming a downward-sloping demand curve and an upward-sloping supply curve, which of the following will occur as a result of an increase in the sales tax on a good?", "local_stem": "Assuming a downward-sloping demand curve and an upward-sloping supply curve, which of the following will\noccur as a result of an increase in the sales tax on a good?", "web_options": [ "Supply will increase.", "Demand will increase.", "Quantity supplied will increase.", "Quantity demanded will decrease.", "The price paid by consumers will decrease" ], "local_options": [ "Supply will increase.", "Demand will increase.", "Quantity supplied will increase.", "Quantity demanded will decrease.", "The price paid by consumers will decrease." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 36 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 108, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 108, "local_page": 45, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following would cause the equilibrium price of good X to increase?", "local_stem": "Which of the following would cause the equilibrium price of good X to increase?", "web_options": [ "Producers of good X find a new technology that reduces the cost of producing X.", "The price of an essential input in the production of good X increases.", "Goods X and Y are complements, and the government imposes a tax on good Y.", "Good X is a normal good, and the government increases income taxes by 3%.", "Good X is an inferior good, and the government decreases income taxes by 10%." ], "local_options": [ "Producers of good X find a new technology that reduces the cost of producing X.", "The price of an essential input in the production of good X increases.", "Goods X and Y are complements, and the government imposes a tax on good Y.", "Good X is a normal good, and the government increases income taxes by 3%.", "Good X is an inferior good, and the government decreases income taxes by 10%." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 36 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 109, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 109, "local_page": 45, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "To alleviate a financial crisis, a university increases student fees. This action will increase university revenues if the price elasticity of demand for university education is", "local_stem": "To alleviate a financial crisis, a university increases student fees. This action will increase university revenues if the\nprice elasticity of demand for university education is", "web_options": [ "inelastic", "unit elastic", "elastic", "equal to the price elasticity of supply", "equal to one" ], "local_options": [ "inelastic", "unit elastic", "elastic", "equal to the price elasticity of supply", "equal to one" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 36 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 110, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 110, "local_page": 45, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the demand for a certain good is perfectly inelastic and the supply curve of the good is upward sloping. Which of the following occurs in the market for the good if the price of an input used to produce the good increases?", "local_stem": "Assume that the demand for a certain good is perfectly inelastic and the supply curve of the good is upward sloping.\nWhich of the following occurs in the market for the good if the price of an input used to produce the good\nincreases?", "web_options": [ "A decrease in both the quantity supplied and the equilibrium amount consumed", "A decrease in the quantity supplied and an increase in the equilibrium price", "A decrease in the supply and an increase in the equilibrium price", "A decrease in both the demand and the equilibrium amount consumed", "A decrease in both the quantity demanded and the equilibrium price" ], "local_options": [ "A decrease in both the quantity supplied and the equilibrium amount consumed", "A decrease in the quantity supplied and an increase in the equilibrium price", "A decrease in the supply and an increase in the equilibrium price", "A decrease in both the demand and the equilibrium amount consumed", "A decrease in both the quantity demanded and the equilibrium price" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 37 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 111, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 111, "local_page": 45, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An effective minimum wage policy in a competitive market will increase unemployment and increase the total earnings of labor only if the demand for labor is", "local_stem": "An effective minimum wage policy in a competitive market will increase unemployment and increase the total\nearnings of labor only if the demand for labor is", "web_options": [ "relatively inelastic", "relatively elastic", "unit elastic", "greater than the supply", "positively related to the wage rate" ], "local_options": [ "relatively inelastic", "relatively elastic", "unit elastic", "greater than the supply", "positively related to the wage rate" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 37 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 112, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 112, "local_page": 46, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best describes the law of demand?", "local_stem": "Which of the following best describes the law of demand?", "web_options": [ "When income increases, the demand for goods increases.", "When the price of a good decreases, the demand for the good increases.", "When the price of a good decreases, the quantity demanded of the good decreases.", "When the price of a good increases, the quantity demanded of the good decreases.", "When the demand for a good increases, consumers’ willingness and ability to buy the good increases." ], "local_options": [ "When income increases, the demand for goods increases.", "When the price of a good decreases, the demand for the good increases.", "When the price of a good decreases, the quantity demanded of the good decreases.", "When the price of a good increases, the quantity demanded of the good decreases.", "When the demand for a good increases, consumers’ willingness and ability to buy the good increases." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 37 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 113, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 113, "local_page": 46, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best describes the law of demand?", "local_stem": "Which of the following best describes the law of demand?", "web_options": [ "The price of a good increases when the demand for the good increases.", "The price of a good decreases when the supply of the good decreases.", "When the price of a good increases, its demand decreases.", "When the price of a good decreases, its quantity demanded increases.", "Demand creates its own supply." ], "local_options": [ "The price of a good increases when the demand for the good increases.", "The price of a good decreases when the supply of the good decreases.", "When the price of a good increases, its demand decreases.", "When the price of a good decreases, its quantity demanded increases.", "Demand creates its own supply." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 37 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 114, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 114, "local_page": 46, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Leather and beef are jointly produced such that an increase in the production of one results in an equal increase in the production of the other. An increase in the demand for leather will most likely cause", "local_stem": "Leather and beef are jointly produced such that an increase in the production of one results in an equal increase in\nthe production of the other. An increase in the demand for leather will most likely cause", "web_options": [ "a decrease in the price of leather", "a decrease in the price of beef", "a decrease in the equilibrium quantity of beef sold", "an increase in the demand for beef in the short run", "an increase in the supply of leather" ], "local_options": [ "a decrease in the price of leather", "a decrease in the price of beef", "a decrease in the equilibrium quantity of beef sold", "an increase in the demand for beef in the short run", "an increase in the supply of leather" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 37 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 115, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 115, "local_page": 46, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the market for lemonade is perfectly competitive and currently in equilibrium. Lemons are key ingredients in lemonade. If the price of lemons decreases, how will the lemonade market be affected?", "local_stem": "Assume that the market for lemonade is perfectly competitive and currently in equilibrium. Lemons are key\ningredients in lemonade. If the price of lemons decreases, how will the lemonade market be affected?", "web_options": [ "Supply will shift leftward, increasing the equilibrium price and decreasing the equilibrium quantity of lemonade.", "Supply will shift rightward, increasing the equilibrium price and increasing the equilibrium quantity of lemonade.", "Supply will shift rightward, decreasing the equilibrium price and increasing the equilibrium quantity of lemonade.", "Demand will shift leftward, decreasing the equilibrium price and decreasing the equilibrium quantity of lemonade.", "Demand will shift rightward, increasing the equilibrium price and increasing the equilibrium quantity of lemonade." ], "local_options": [ "Supply will shift leftward, increasing the equilibrium price and decreasing the equilibrium quantity of\nlemonade.", "Supply will shift rightward, increasing the equilibrium price and increasing the equilibrium quantity of\nlemonade.", "Supply will shift rightward, decreasing the equilibrium price and increasing the equilibrium quantity of\nlemonade.", "Demand will shift leftward, decreasing the equilibrium price and decreasing the equilibrium quantity of\nlemonade.", "Demand will shift rightward, increasing the equilibrium price and increasing the equilibrium quantity of\nlemonade." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 38 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 116, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 116, "local_page": 47, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the demand schedules for Jill and for all other consumers, as well as the market supply schedule for the same good. The equilibrium price in this market is", "local_stem": "The table above shows the demand schedules for Jill and for all other consumers, as well as the market supply\nschedule for the same good. The equilibrium price in this market is", "web_options": [ "$8", "$7", "$6", "$5", "$4" ], "local_options": [ "$8", "$7", "$6", "$5", "$4" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/40581283314344100457.png" ], "answer": "B", "download_pdf_page": 38 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 117, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 117, "local_page": 47, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An increase in the supply of coffee could be caused by", "local_stem": "An increase in the supply of coffee could be caused by", "web_options": [ "a decrease in the price of cream, which is a complement to coffee", "a decrease in the cost of labor used to produce coffee", "an increase in consumer income", "an increase in the demand for coffee", "an increase in the price of coffee" ], "local_options": [ "a decrease in the price of cream, which is a complement to coffee", "a decrease in the cost of labor used to produce coffee", "an increase in consumer income", "an increase in the demand for coffee", "an increase in the price of coffee" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 38 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 118, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 118, "local_page": 47, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following explains why a decrease in the price of a normal good will lead to an increase in the quantity demanded of the good?", "local_stem": "Which of the following explains why a decrease in the price of a normal good will lead to an increase in the\nquantity demanded of the good?", "web_options": [ "A lower price will increase consumers’ purchasing power.", "A lower price will increase consumers’ marginal utility.", "A lower price will increase demand for the good.", "A lower price will increase demand for substitute goods.", "A lower price will decrease demand for complementary goods." ], "local_options": [ "A lower price will increase consumers’ purchasing power.", "A lower price will increase consumers’ marginal utility.", "A lower price will increase demand for the good.", "A lower price will increase demand for substitute goods.", "A lower price will decrease demand for complementary goods." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 39 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 119, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 119, "local_page": 48, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true in the elastic range of a firm's demand curve?", "local_stem": "Which of the following is true in the elastic range of a firm's demand curve?", "web_options": [ "The firm should expand output to increase economic profits.", "An increase in price will also lead to an increase in total cost.", "A decrease in price will likely lead to an increase in total revenue.", "Marginal revenue is negative.", "The firm is maximizing total revenue." ], "local_options": [ "The firm should expand output to increase economic profits.", "An increase in price will also lead to an increase in total cost.", "A decrease in price will likely lead to an increase in total revenue.", "Marginal revenue is negative.", "The firm is maximizing total revenue." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 39 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 120, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 120, "local_page": 48, "stem_similarity": 0.7873, "option_similarities": [ 0.9833, 0.9836, 0.9836, 0.9833, 0.9836 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table provided shows the market demand and supply schedules for wheat. Which of the following is true?", "local_stem": "Price\nQuantity\nDemanded\n(units)\nQuantity\nSupplied\n(units)\nThe table provided shows the market demand and supply schedules for wheat. Which of the following is true?", "web_options": [ "At a price of 1$, there is excess supply of wheat and the price will decrease.", "At a price of 2$, there is excess demand for wheat and the price will decrease.", "At a price of 3$, there is excess demand for wheat and the price will increase.", "At a price of 4$, there is excess supply of wheat and the price will decrease.", "At a price of $5, there is excess demand for wheat and the price will increase." ], "local_options": [ "At a price of\n, there is excess supply of wheat and the price will decrease.", "At a price of\n, there is excess demand for wheat and the price will decrease.", "At a price of\n, there is excess demand for wheat and the price will increase.", "At a price of\n, there is excess supply of wheat and the price will decrease.", "At a price of\n, there is excess demand for wheat and the price will increase." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/18842804670904194439.png" ], "answer": "D", "download_pdf_page": 39 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 121, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 121, "local_page": 48, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the government imposes an excise tax on the consumption of a good. The tax will have the least impact on the market equilibrium quantity for which of the following combinations of the price elasticities of demand and supply?", "local_stem": "Assume that the government imposes an excise tax on the consumption of a good. The tax will have the least impact\non the market equilibrium quantity for which of the following combinations of the price elasticities of demand and\nsupply?", "web_options": [ "Absolute Value of Elasticity of Demand Elasticity of Supply 4 4", "Absolute Value of Elasticity of Demand Elasticity of Supply 4 0.50", "Absolute Value of Elasticity of Demand Elasticity of Supply 1 1", "Absolute Value of Elasticity of Demand Elasticity of Supply 0.50 4", "Absolute Value of Elasticity of Demand Elasticity of Supply 0.50 0.50" ], "local_options": [ "Absolute Value of Elasticity of Demand\nElasticity of Supply\n4\n4", "Absolute Value of Elasticity of Demand\nElasticity of Supply\n4\n0.50", "Absolute Value of Elasticity of Demand\nElasticity of Supply\n1\n1", "Absolute Value of Elasticity of Demand\nElasticity of Supply\n0.50\n4", "Absolute Value of Elasticity of Demand\nElasticity of Supply\n0.50\n0.50" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 39 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 122, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 122, "local_page": 49, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume the market for a good is in equilibrium. An increase in the market supply of the good will result in", "local_stem": "Assume the market for a good is in equilibrium. An increase in the market supply of the good will result in", "web_options": [ "a shortage at the original price of the good, which causes the market price to decrease", "a shortage at the original price of the good, which causes the market price to increase", "a surplus at the original price of the good, which causes the market price to decrease", "a surplus at the original price of the good, which causes the market price to increase", "neither a surplus nor a shortage" ], "local_options": [ "a shortage at the original price of the good, which causes the market price to decrease", "a shortage at the original price of the good, which causes the market price to increase", "a surplus at the original price of the good, which causes the market price to decrease", "a surplus at the original price of the good, which causes the market price to increase", "neither a surplus nor a shortage" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 40 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 123, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 123, "local_page": 49, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following occurs if the price of oranges is below the equilibrium price?", "local_stem": "Which of the following occurs if the price of oranges is below the equilibrium price?", "web_options": [ "There is a surplus of oranges.", "The quantity supplied of oranges is greater than the quantity demanded.", "The quantity supplied of oranges is greater than the quantity sold.", "The quantity purchased of oranges is greater than the quantity sold.", "The quantity demanded of oranges is greater than the quantity supplied." ], "local_options": [ "There is a surplus of oranges.", "The quantity supplied of oranges is greater than the quantity demanded.", "The quantity supplied of oranges is greater than the quantity sold.", "The quantity purchased of oranges is greater than the quantity sold.", "The quantity demanded of oranges is greater than the quantity supplied." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 40 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 124, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 124, "local_page": 50, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Given the demand curve above, if price decreases from $8 to $4 per unit, total consumer surplus will", "local_stem": "Given the demand curve above, if price decreases from $8 to $4 per unit, total consumer surplus will", "web_options": [ "increase by $4", "increase by $8", "increase by $12", "increase by $18", "remain constant at $24" ], "local_options": [ "increase by $4", "increase by $8", "increase by $12", "increase by $18", "remain constant at $24" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/86783909233657159378.png" ], "answer": "D", "download_pdf_page": 41 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 125, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 125, "local_page": 50, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A monopolist produces two unrelated goods, X and Y. The demand for X is currently price elastic and the demand for Y is currently price inelastic. To increase its total revenue, the firm should change the price of X and Y in which of the following ways?", "local_stem": "A monopolist produces two unrelated goods, X and Y. The demand for X is currently price elastic and the demand\nfor Y is currently price inelastic. To increase its total revenue, the firm should change the price of X and Y in which\nof the following ways?", "web_options": [ "Price of X Price of Y Increase No change", "Price of X Price of Y Increase Decrease", "Price of X Price of Y Increase Increase", "Price of X Price of Y Decrease Increase", "Price of X Price of Y Decrease Decrease" ], "local_options": [ "Price of X\nPrice of Y\nIncrease\nNo change", "Price of X\nPrice of Y\nIncrease\nDecrease", "Price of X\nPrice of Y\nIncrease\nIncrease", "Price of X\nPrice of Y\nDecrease\nIncrease", "Price of X\nPrice of Y\nDecrease\nDecrease" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 41 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 126, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 126, "local_page": 51, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following would cause the supply curve for notebook computers to shift to the right?", "local_stem": "Which of the following would cause the supply curve for notebook computers to shift to the right?", "web_options": [ "An increase in the price of notebook computers", "An increase in the number of firms producing notebook computers", "An increase in the wages of workers in the notebook-computer industry", "A decrease in the price of notebook computers", "A decrease in the supply of notebook computers" ], "local_options": [ "An increase in the price of notebook computers", "An increase in the number of firms producing notebook computers", "An increase in the wages of workers in the notebook-computer industry", "A decrease in the price of notebook computers", "A decrease in the supply of notebook computers" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 42 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 127, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 127, "local_page": 51, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will tend to make the demand for a product more elastic?", "local_stem": "Which of the following will tend to make the demand for a product more elastic?", "web_options": [ "New firms which produce similar products enter the industry.", "A change in taste and preferences makes the product more desirable.", "The product is necessary for use with a complement.", "Production of the product is protected by a patent.", "Production cost of the product decreases." ], "local_options": [ "New firms which produce similar products enter the industry.", "A change in taste and preferences makes the product more desirable.", "The product is necessary for use with a complement.", "Production of the product is protected by a patent.", "Production cost of the product decreases." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 42 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 128, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 128, "local_page": 52, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a 5 percent wage increase in a particular labor market results in a 10 percent decrease in employment, the demand for labor is", "local_stem": "If a 5 percent wage increase in a particular labor market results in a 10 percent decrease in employment, the demand\nfor labor is", "web_options": [ "perfectly elastic", "relatively elastic", "unit elastic", "relatively inelastic", "perfectly inelastic" ], "local_options": [ "perfectly elastic", "relatively elastic", "unit elastic", "relatively inelastic", "perfectly inelastic" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 42 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 129, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 129, "local_page": 52, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements about the market supply curve is true?", "local_stem": "Which of the following statements about the market supply curve is true?", "web_options": [ "An increase in input prices will shift the market supply curve to the right.", "At each price, a horizontal summation of the quantity supplied by each firm will yield the market supply curve.", "At each quantity supplied, a vertical summation of the price set by each firm will yield the market supply curve.", "A decrease in the price will shift the market supply curve to the left.", "The law of supply states that the market supply curve may shift right, shift left, or remain the same as the price increases." ], "local_options": [ "An increase in input prices will shift the market supply curve to the right.", "At each price, a horizontal summation of the quantity supplied by each firm will yield the market supply\ncurve.", "At each quantity supplied, a vertical summation of the price set by each firm will yield the market supply\ncurve.", "A decrease in the price will shift the market supply curve to the left.", "The law of supply states that the market supply curve may shift right, shift left, or remain the same as the\nprice increases." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 42 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 130, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 130, "local_page": 52, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose that the market for low-wage labor is perfectly competitive and initially in equilibrium. If the government establishes an effective minimum wage, which of the following will occur?", "local_stem": "Suppose that the market for low-wage labor is perfectly competitive and initially in equilibrium. If the government\nestablishes an effective minimum wage, which of the following will occur?", "web_options": [ "Employment of low-wage workers will decrease and unemployment will increase.", "The quantity of low-wage workers supplied will be less than the quantity demanded.", "The total wage payment received by all low-wage workers will increase.", "Economic efficiency will increase, since firms were paying workers less than the value of their marginal revenue product.", "Low-wage workers will be motivated to form a union." ], "local_options": [ "Employment of low-wage workers will decrease and unemployment will increase.", "The quantity of low-wage workers supplied will be less than the quantity demanded.", "The total wage payment received by all low-wage workers will increase.", "Economic efficiency will increase, since firms were paying workers less than the value of their marginal\nrevenue product.", "Low-wage workers will be motivated to form a union." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 42 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 131, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 131, "local_page": 52, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that a monopolist is producing in the inelastic portion of its demand curve. Which of the following will occur if the monopolist decreases its price?", "local_stem": "Assume that a monopolist is producing in the inelastic portion of its demand curve. Which of the following will\noccur if the monopolist decreases its price?", "web_options": [ "Marginal revenue will decrease, but profits will increase.", "Marginal revenue will increase, but profits will decrease.", "Total revenue will decrease, but profits will increase.", "Both total revenue and profits will decrease.", "Both total revenue and profits will increase." ], "local_options": [ "Marginal revenue will decrease, but profits will increase.", "Marginal revenue will increase, but profits will decrease.", "Total revenue will decrease, but profits will increase.", "Both total revenue and profits will decrease.", "Both total revenue and profits will increase." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 43 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 132, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 132, "local_page": 53, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following would most likely result in a decrease in the equilibrium price of oranges?", "local_stem": "Which of the following would most likely result in a decrease in the equilibrium price of oranges?", "web_options": [ "The weather during this orange-growing season is not as good as it was last year.", "The price of apples, a substitute for oranges, is higher this year than last year.", "New studies suggest that oranges contain traces of cancer-causing substances due to pesticide residue.", "A tree-killing fungus spreads through orange orchards across the country.", "Firms in the orange industry launch an effective advertising campaign." ], "local_options": [ "The weather during this orange-growing season is not as good as it was last year.", "The price of apples, a substitute for oranges, is higher this year than last year.", "New studies suggest that oranges contain traces of cancer-causing substances due to pesticide residue.", "A tree-killing fungus spreads through orange orchards across the country.", "Firms in the orange industry launch an effective advertising campaign." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 43 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 133, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 133, "local_page": 53, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Following a decrease in the supply of oranges, the price of orange juice increased by 20 percent, which resulted in a 10 percent increase in the quantity of apple juice consumed. This implies that the cross elasticity of demand between orange juice and apple juice is", "local_stem": "Following a decrease in the supply of oranges, the price of orange juice increased by 20 percent, which resulted in a\n10 percent increase in the quantity of apple juice consumed. This implies that the cross elasticity of demand\nbetween orange juice and apple juice is", "web_options": [ "0", "0.5", "1", "2", "indeterminate" ], "local_options": [ "0", "0.5", "1", "2", "indeterminate" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 43 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 134, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 134, "local_page": 53, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A decrease in the supply of oranges raised the price of oranges in the market. The substitution effect of the price increase will motivate consumers to", "local_stem": "A decrease in the supply of oranges raised the price of oranges in the market. The substitution effect of the price\nincrease will motivate consumers to", "web_options": [ "raise their real income to offset the price effect", "decrease their demand for oranges", "demand that the government set a price ceiling for oranges", "increase the quantity of other fruits demanded and decrease the quantity of oranges demanded", "decrease the quantity of other fruits demanded and increase the quantity of oranges demanded" ], "local_options": [ "raise their real income to offset the price effect", "decrease their demand for oranges", "demand that the government set a price ceiling for oranges", "increase the quantity of other fruits demanded and decrease the quantity of oranges demanded", "decrease the quantity of other fruits demanded and increase the quantity of oranges demanded" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 43 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 135, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 135, "local_page": 53, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following events will cause the demand curve for hamburgers to shift to the right?", "local_stem": "Which of the following events will cause the demand curve for hamburgers to shift to the right?", "web_options": [ "An increase in the price of pizza, a substitute for hamburgers", "An increase in the price of a french fries, a complement to hamburgers", "An increase in the price of hamburgers", "A decrease in the price of hamburgers", "A decrease in the cost of producing hamburgers" ], "local_options": [ "An increase in the price of pizza, a substitute for hamburgers", "An increase in the price of a french fries, a complement to hamburgers", "An increase in the price of hamburgers", "A decrease in the price of hamburgers", "A decrease in the cost of producing hamburgers" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 43 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 136, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 136, "local_page": 53, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that both the supply of and the demand for a good are relatively price elastic. The imposition of a per-unit excise tax on the sale of the good would cause the equilibrium price and quantity to change in which of the following ways?", "local_stem": "Assume that both the supply of and the demand for a good are relatively price elastic. The imposition of a per-unit\nexcise tax on the sale of the good would cause the equilibrium price and quantity to change in which of the\nfollowing ways?", "web_options": [ "Price Quantity Increase Increase", "Price Quantity Increase No change", "Price Quantity Increase Decrease", "Price Quantity Decrease No change", "Price Quantity Decrease Decrease" ], "local_options": [ "Price\nQuantity\nIncrease\nIncrease", "Price\nQuantity\nIncrease\nNo change", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nDecrease\nNo change", "Price\nQuantity\nDecrease\nDecrease" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 44 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 137, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 137, "local_page": 54, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "At a price of $10, the quantity demanded of pizzas is 100 and the quantity supplied is 150. Which of the following statements must be true?", "local_stem": "At a price of $10, the quantity demanded of pizzas is 100 and the quantity supplied is 150. Which of the following\nstatements must be true?", "web_options": [ "There is a shortage of pizza at a price of $10.", "The equilibrium price of pizza is below $10.", "The quantity of pizzas sold will be 150.", "At equilibrium, fewer than 100 pizzas will be sold.", "The pizza market is in equilibrium." ], "local_options": [ "There is a shortage of pizza at a price of $10.", "The equilibrium price of pizza is below $10.", "The quantity of pizzas sold will be 150.", "At equilibrium, fewer than 100 pizzas will be sold.", "The pizza market is in equilibrium." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 44 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 138, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 138, "local_page": 54, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The absolute value of the price elasticity of demand for a good increases when", "local_stem": "The absolute value of the price elasticity of demand for a good increases when", "web_options": [ "the good has fewer substitutes", "the good becomes a necessity", "consumers spend greater portion of their budget on the good", "the price of an input used to produce the good increases", "the good must be purchased immediately" ], "local_options": [ "the good has fewer substitutes", "the good becomes a necessity", "consumers spend greater portion of their budget on the good", "the price of an input used to produce the good increases", "the good must be purchased immediately" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 44 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 139, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 139, "local_page": 55, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the demand for potatoes increases whenever a person's income increases, then potatoes are an example of", "local_stem": "If the demand for potatoes increases whenever a person's income increases, then potatoes are an example of", "web_options": [ "an inferior good", "a free good", "a Giffen good", "a normal good", "a public good" ], "local_options": [ "an inferior good", "a free good", "a Giffen good", "a normal good", "a public good" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 45 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 140, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 140, "local_page": 55, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume that consumers consider potatoes to be an inferior good, but consider rice to be a normal good. An increase in consumers’ incomes will most likely affect the equilibrium price and quantity of potatoes and rice in which of the following ways?", "local_stem": "Assume that consumers consider potatoes to be an inferior good, but consider rice to be a normal good. An increase\nin consumers’ incomes will most likely affect the equilibrium price and quantity of potatoes and rice in which of the\nfollowing ways?", "web_options": [ "", "", "", "", "" ], "local_options": [ "Potatoes\nRice\nPrice\nQuantity\nPrice\nQuantity\nDecrease\nDecrease\nIncrease\nIncrease", "Potatoes\nRice\nPrice\nQuantity\nPrice\nQuantity\nDecrease\nIncrease\nIncrease\nDecrease", "Potatoes\nRice\nPrice\nQuantity\nPrice\nQuantity\nDecrease\nDecrease\nDecrease\nDecrease", "Potatoes\nRice\nPrice\nQuantity\nPrice\nQuantity\nIncrease\nIncrease\nDecrease\nDecrease", "Potatoes\nRice\nPrice\nQuantity\nPrice\nQuantity\nIncrease\nDecrease\nIncrease\nDecrease" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/92917914097846699553.png", "https://static.shanmaostar.com/default/ap/53919238883329626798.png", "https://static.shanmaostar.com/default/ap/35068855957619098295.png", "https://static.shanmaostar.com/default/ap/64720878240058600838.png", "https://static.shanmaostar.com/default/ap/83147026561578194383.png" ], "answer": "A", "download_pdf_page": 45 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 141, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 141, "local_page": 57, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the rental housing market, what would be the effect of a rent control that was set at the market equilibrium rental price?", "local_stem": "In the rental housing market, what would be the effect of a rent control that was set at the market equilibrium rental\nprice?", "web_options": [ "It would increase the number of housing units available, creating a surplus.", "It would decrease the number of housing units available, creating a shortage.", "It would have no impact on the number of housing units available.", "It would increase the consumer surplus and decrease the producer surplus.", "It would decrease the consumer surplus and increase the producer surplus." ], "local_options": [ "It would increase the number of housing units available, creating a surplus.", "It would decrease the number of housing units available, creating a shortage.", "It would have no impact on the number of housing units available.", "It would increase the consumer surplus and decrease the producer surplus.", "It would decrease the consumer surplus and increase the producer surplus." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 46 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 142, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 142, "local_page": 57, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the market shown in the graph above, at a price of $5, there will be", "local_stem": "In the market shown in the graph above, at a price of $5, there will be", "web_options": [ "a surplus and the price will eventually fall", "a surplus generating a decrease in demand", "a shortage and the price will eventually rise", "a shortage generating an increase in supply", "an increase in supply and a decrease in demand" ], "local_options": [ "a surplus and the price will eventually fall", "a surplus generating a decrease in demand", "a shortage and the price will eventually rise", "a shortage generating an increase in supply", "an increase in supply and a decrease in demand" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/28563100945829266674.png" ], "answer": "A", "download_pdf_page": 46 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 143, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 143, "local_page": 58, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the market depicted in the diagram above is initially in equilibrium, which of the following will result from the government’s setting a price ceiling at P3?", "local_stem": "If the market depicted in the diagram above is initially in equilibrium, which of the following will result from the\ngovernment’s setting a price ceiling at P3?", "web_options": [ "Quantity demanded will exceed quantity supplied.", "Quantity supplied will exceed quantity demanded.", "Market price will increase.", "Market price will be unaffected.", "Market price will decrease." ], "local_options": [ "Quantity demanded will exceed quantity supplied.", "Quantity supplied will exceed quantity demanded.", "Market price will increase.", "Market price will be unaffected.", "Market price will decrease." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/80605162084541045985.png" ], "answer": "D", "download_pdf_page": 47 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 144, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 144, "local_page": 59, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows the supply and demand curves for gasoline. Which of the following will occur if the government establishes a price ceiling of $1.20 per gallon?", "local_stem": "The graph above shows the supply and demand curves for gasoline. Which of the following will occur if the\ngovernment establishes a price ceiling of $1.20 per gallon?", "web_options": [ "A shortage of 900 million gallons", "A shortage of 200 million gallons", "A shortage of 100 million gallons", "A surplus of 100 million gallons", "Neither a surplus nor a shortage" ], "local_options": [ "A shortage of 900 million gallons", "A shortage of 200 million gallons", "A shortage of 100 million gallons", "A surplus of 100 million gallons", "Neither a surplus nor a shortage" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/18240989115644226231.png" ], "answer": "E", "download_pdf_page": 47 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 145, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 145, "local_page": 59, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.6154 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "In the market depicted in the diagram above, if the government imposes a price ceiling of $1.00 per gallon on gasoline, which of the following will result?", "local_stem": "In the market depicted in the diagram above, if the government imposes a price ceiling of $1.00 per gallon on\ngasoline, which of the following will result?", "web_options": [ "A surplus of 6 billion gallons", "A shortage of 6 billion gallons", "A surplus of 12 billion gallons", "A shortage of 12 billion gallons", "Neither a surplus nor a shortage, because the price ceiling would not be effective" ], "local_options": [ "A surplus of 6 billion gallons", "A shortage of 6 billion gallons", "A surplus of 12 billion gallons", "A shortage of 12 billion gallons", "Neither a surplus nor a shortage, because the price ceiling would not be effective\nThe following questions refer to the diagram below.The letters on the graph represent enclosed areas." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/41737628403342188986.png" ], "answer": "B", "download_pdf_page": 48 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 146, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 146, "local_page": 60, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "If a price ceiling is set at P 1 , which of the following areas represent the resulting consumer surplus, producer surplus, and deadweight loss?", "local_stem": "If a price ceiling is set at P1, which of the following areas represent the resulting consumer surplus, producer\nsurplus, and deadweight loss?", "web_options": [ "", "", "", "", "" ], "local_options": [ "Consumer Surplus\nProducer Surplus\nDeadweight Loss\nf\nk\nl + m", "Consumer Surplus\nProducer Surplus\nDeadweight Loss\nf + g + h\nk + l\nh + j", "Consumer Surplus\nProducer Surplus\nDeadweight Loss\nf + g + h\ni + j + k\nl + m", "Consumer Surplus\nProducer Surplus\nDeadweight Loss\nf + g + i\nk\nh + j", "Consumer Surplus\nProducer Surplus\nDeadweight Loss\nf + g + i\nh + j\nl + m" ], "web_passage": "The following questions refer to the diagram below.The letters on the graph represent enclosed areas.", "web_images": [ "https://static.shanmaostar.com/default/ap/20062511601364745703.png", "https://static.shanmaostar.com/default/ap/58983688626663109942.png", "https://static.shanmaostar.com/default/ap/80359564508543653912.png", "https://static.shanmaostar.com/default/ap/24820409416399025093.png", "https://static.shanmaostar.com/default/ap/02712698275192699613.png", "https://static.shanmaostar.com/default/ap/99859008757892174020.png" ], "answer": "D", "download_pdf_page": 48 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 147, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 147, "local_page": 61, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "When the market is in equilibrium, the total economic surplus is equal to area", "local_stem": "When the market is in equilibrium, the total economic surplus is equal to area", "web_options": [ "f + k", "f + g + i + k", "g + h + i + j", "f + g + h + i + j + k", "f + g + h + i + j + k + l + m" ], "local_options": [ "f + k", "f + g + i + k", "g + h + i + j", "f + g + h + i + j + k", "f + g + h + i + j + k + l + m" ], "web_passage": "The following questions refer to the diagram below.The letters on the graph represent enclosed areas.", "web_images": [ "https://static.shanmaostar.com/default/ap/20062511601364745703.png" ], "answer": "D", "download_pdf_page": 49 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 148, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 148, "local_page": 61, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will occur if the government imposes a price ceiling below the equilibrium price of a good?", "local_stem": "Which of the following will occur if the government imposes a price ceiling below the equilibrium price of a good?", "web_options": [ "The quantity sold will exceed the equilibrium quantity.", "Firms’ total revenues will increase if demand is price elastic.", "There will be a shortage in the market.", "All firms will shut down, since price is below the equilibrium price.", "Price will exceed the marginal cost of producing the last unit sold." ], "local_options": [ "The quantity sold will exceed the equilibrium quantity.", "Firms’ total revenues will increase if demand is price elastic.", "There will be a shortage in the market.", "All firms will shut down, since price is below the equilibrium price.", "Price will exceed the marginal cost of producing the last unit sold." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 49 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 149, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 149, "local_page": 62, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The diagram above depicts demand and supply curves in a city’s rental housing market. If a price ceiling of $1,000 is imposed on the market, which of the following will occur?", "local_stem": "The diagram above depicts demand and supply curves in a city’s rental housing market. If a price ceiling of $1,000\nis imposed on the market, which of the following will occur?", "web_options": [ "There will be a surplus of rental housing in the city.", "The demand curve for housing will shift to the right.", "The supply curve for housing will shift to the right.", "The quantity of rental housing supplied will decrease.", "The quantity of rental housing demanded will increase." ], "local_options": [ "There will be a surplus of rental housing in the city.", "The demand curve for housing will shift to the right.", "The supply curve for housing will shift to the right.", "The quantity of rental housing supplied will decrease.", "The quantity of rental housing demanded will increase." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/20497052029063073336.png" ], "answer": "E", "download_pdf_page": 50 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 150, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 150, "local_page": 62, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the current market equilibrium price for milk is $2.80 per gallon and that 5 million gallons are sold per day. If the government sets a price ceiling of $2.00 per gallon, which of the following is true?", "local_stem": "Assume that the current market equilibrium price for milk is $2.80 per gallon and that 5 million gallons are sold per\nday. If the government sets a price ceiling of $2.00 per gallon, which of the following is true?", "web_options": [ "The demand for milk will increase.", "The supply of milk will decrease.", "There will be an excess supply of milk in the market.", "More than 5 million gallons of milk will be sold.", "Less than 5 million gallons of milk will be sold." ], "local_options": [ "The demand for milk will increase.", "The supply of milk will decrease.", "There will be an excess supply of milk in the market.", "More than 5 million gallons of milk will be sold.", "Less than 5 million gallons of milk will be sold." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 50 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 151, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 151, "local_page": 63, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "One reason consumers typically increase the quantity of a good they purchase when the price of the good decreases is that", "local_stem": "One reason consumers typically increase the quantity of a good they purchase when the price of the good decreases\nis that", "web_options": [ "the marginal utility of the good increases", "consumers’ purchasing power increases", "consumers increase their purchases of substitute items", "consumers increase their purchases of complementary items", "the demand for the good increases" ], "local_options": [ "the marginal utility of the good increases", "consumers’ purchasing power increases", "consumers increase their purchases of substitute items", "consumers increase their purchases of complementary items", "the demand for the good increases" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 50 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 152, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 152, "local_page": 63, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a government eliminated an effective price floor in a market, all of the following would occur EXCEPT:", "local_stem": "If a government eliminated an effective price floor in a market, all of the following would occur EXCEPT:", "web_options": [ "The surplus would be eliminated.", "The price would decrease.", "The quantity supplied would decrease.", "The quantity demanded would increase.", "The supply of the good would increase." ], "local_options": [ "The surplus would be eliminated.", "The price would decrease.", "The quantity supplied would decrease.", "The quantity demanded would increase.", "The supply of the good would increase." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 51 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 153, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 153, "local_page": 63, "stem_similarity": 0.976, "option_similarities": [ 0.96, 0.96, 0.96, 0.9474, 0.9474 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "If the absolute value of the price elasticity of demand for Good X is 0.5, then a 10 percent decrease in the price of Good X will result in which of the following?", "local_stem": "If the absolute value of the price elasticity of demand for Good\nis\n, then a\npercent decrease in the price of\nGood\nwill result in which of the following?", "web_options": [ "A 5% decrease in the quantity demanded of Good X", "A 5% increase in the quantity demanded of Good X", "A 5% increase in revenues from the sale of Good X", "A 10% decrease in revenues from the sale of Good X", "A 10% increase in revenues from the sale of Good X" ], "local_options": [ "A\ndecrease in the quantity demanded of Good", "A\nincrease in the quantity demanded of Good", "A\nincrease in revenues from the sale of Good", "A\ndecrease in revenues from the sale of Good", "A\nincrease in revenues from the sale of Good" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 51 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 154, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 154, "local_page": 63, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The quantity of peanuts supplied increased from 40 tons per week to 60 tons per week when the price of peanuts increased from $4 per ton to $5 per ton. The price elasticity of supply for peanuts over this price range is", "local_stem": "The quantity of peanuts supplied increased from 40 tons per week to 60 tons per week when the price of peanuts\nincreased from $4 per ton to $5 per ton. The price elasticity of supply for peanuts over this price range is", "web_options": [ "elastic", "inelastic", "unit elastic", "perfectly elastic", "perfectly inelastic" ], "local_options": [ "elastic", "inelastic", "unit elastic", "perfectly elastic", "perfectly inelastic" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 51 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 155, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 155, "local_page": 64, "stem_similarity": 0.9661, "option_similarities": [ 0.9897, 0.9892, 0.9863, 0.9885, 0.989 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "What is the price elasticity of supply between $3 and $4 in the graph above?", "local_stem": "What is the price elasticity of supply between\nand\nin the graph above?", "web_options": [ "It is greater than 1, and the supply is relatively inelastic.", "It is greater than 1, and the supply is relatively elastic.", "It is equal to 1, and the supply is unit elastic.", "It is less than 1, and the supply is relatively elastic.", "It is less than 1, and the supply is relatively inelastic." ], "local_options": [ "It is greater than\n, and the supply is relatively inelastic.", "It is greater than\n, and the supply is relatively elastic.", "It is equal to\n, and the supply is unit elastic.", "It is less than\n, and the supply is relatively elastic.", "It is less than\n, and the supply is relatively inelastic." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/83439054279365802153.png" ], "answer": "B", "download_pdf_page": 51 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 156, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 156, "local_page": 64, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Which of the following relationships among the price elasticity of demand, change in price, and change in total revenue is consistent?", "local_stem": "Which of the following relationships among the price elasticity of demand, change in price, and change in total\nrevenue is consistent?", "web_options": [ "", "", "", "", "" ], "local_options": [ "Price Elasticity\nof Demand\nChange\nin Price\nChange in\nTotal Revenue\nElastic\nIncrease\nIncrease", "Price Elasticity\nof Demand\nChange\nin Price\nChange in\nTotal Revenue\nElastic\nDecrease\nDecrease", "Price Elasticity\nof Demand\nChange\nin Price\nChange in\nTotal Revenue\nUnit Elastic\nDecrease\nDecrease", "Price Elasticity\nof Demand\nChange\nin Price\nChange in\nTotal Revenue\nInelastic\nDecrease\nIncrease", "Price Elasticity\nof Demand\nChange\nin Price\nChange in\nTotal Revenue\nInelastic\nDecrease\nDecrease" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/70396486977908171450.png", "https://static.shanmaostar.com/default/ap/92967878519309383952.png", "https://static.shanmaostar.com/default/ap/96299975237255402279.png", "https://static.shanmaostar.com/default/ap/68507676948262930539.png", "https://static.shanmaostar.com/default/ap/62752666156015476828.png" ], "answer": "E", "download_pdf_page": 52 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 157, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 157, "local_page": 66, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume a consumer finds that his total expenditure on compact discs stays the same after the price of compact discs declines. Which of the following is true for this price change?", "local_stem": "Assume a consumer finds that his total expenditure on compact discs stays the same after the price of compact discs\ndeclines. Which of the following is true for this price change?", "web_options": [ "Compact discs are inferior goods to this consumer.", "The consumer’s demand for compact discs increased in response to the price change.", "The consumer’s demand for compact discs is perfectly price elastic.", "The consumer’s demand for compact discs is perfectly price inelastic.", "The consumer’s demand for compact discs is unit price elastic." ], "local_options": [ "Compact discs are inferior goods to this consumer.", "The consumer’s demand for compact discs increased in response to the price change.", "The consumer’s demand for compact discs is perfectly price elastic.", "The consumer’s demand for compact discs is perfectly price inelastic.", "The consumer’s demand for compact discs is unit price elastic." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 53 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 158, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 158, "local_page": 66, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume the government imposes a price floor above the current equilibrium price in the market for a good. Which of the following will occur?", "local_stem": "Assume the government imposes a price floor above the current equilibrium price in the market for a good. Which\nof the following will occur?", "web_options": [ "Since the price floor is set above the equilibrium price, nothing will change because the price floor is not binding.", "There will be a shortage of the good.", "Compared to the equilibrium price, there will be an increase in the quantity exchanged.", "There will be an excess supply of the good.", "At the quantity sold, the marginal cost of production will exceed the marginal benefit to consumers." ], "local_options": [ "Since the price floor is set above the equilibrium price, nothing will change because the price floor is not\nbinding.", "There will be a shortage of the good.", "Compared to the equilibrium price, there will be an increase in the quantity exchanged.", "There will be an excess supply of the good.", "At the quantity sold, the marginal cost of production will exceed the marginal benefit to consumers." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 53 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 159, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 159, "local_page": 66, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true in the market for a certain product if producers consistently are willing to sell more at the going price than consumers are willing to buy?", "local_stem": "Which of the following is true in the market for a certain product if producers consistently are willing to sell more at\nthe going price than consumers are willing to buy?", "web_options": [ "Demand is highly inelastic", "Supply is highly elastic.", "The product is inferior.", "There is a price ceiling on the product.", "There is a price floor on the product." ], "local_options": [ "Demand is highly inelastic", "Supply is highly elastic.", "The product is inferior.", "There is a price ceiling on the product.", "There is a price floor on the product." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 53 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 160, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 160, "local_page": 66, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An increase in which of the following will most likely result in a long-run surplus of a product?", "local_stem": "An increase in which of the following will most likely result in a long-run surplus of a product?", "web_options": [ "The number of suppliers of the product", "A price is set by law above the equilibrium price", "The demand for the product", "The costs of resources used to produce the product", "The future expected price of the product" ], "local_options": [ "The number of suppliers of the product", "A price is set by law above the equilibrium price", "The demand for the product", "The costs of resources used to produce the product", "The future expected price of the product" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 53 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 161, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 161, "local_page": 66, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of a price floor?", "local_stem": "Which of the following is true of a price floor?", "web_options": [ "The intention of the government in creating the price floor is to assist the producers of the good.", "To have an impact in the market for the good, the price floor should be set below the existing market price of the good.", "An effective price floor will increase the quantity demanded of the good.", "The price floor would tend to create a shortage of the good in the market.", "The creation of the price floor would not change the quantity supplied of the good if the supply curve were upward-sloping to the right." ], "local_options": [ "The intention of the government in creating the price floor is to assist the producers of the good.", "To have an impact in the market for the good, the price floor should be set below the existing market price of\nthe good.", "An effective price floor will increase the quantity demanded of the good.", "The price floor would tend to create a shortage of the good in the market.", "The creation of the price floor would not change the quantity supplied of the good if the supply curve were\nupward-sloping to the right." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 54 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 162, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 162, "local_page": 67, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the law of demand, an increase in the price of grape juice will result in", "local_stem": "According to the law of demand, an increase in the price of grape juice will result in", "web_options": [ "a rightward shift in the demand curve for grape juice", "a leftward shift in the demand curve for grape juice", "a decrease in the demand for orange juice, a substitute", "a decrease in the quantity of grape juice demanded", "an increase in the quantity of grape juice supplied" ], "local_options": [ "a rightward shift in the demand curve for grape juice", "a leftward shift in the demand curve for grape juice", "a decrease in the demand for orange juice, a substitute", "a decrease in the quantity of grape juice demanded", "an increase in the quantity of grape juice supplied" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 54 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 163, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 163, "local_page": 67, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a store raises its prices by 20 percent and its total revenue increases by 10 percent, the demand it faces in this price range must be", "local_stem": "If a store raises its prices by 20 percent and its total revenue increases by 10 percent, the demand it faces in this\nprice range must be", "web_options": [ "inelastic", "elastic", "unit elastic", "perfectly elastic", "perfectly inelastic" ], "local_options": [ "inelastic", "elastic", "unit elastic", "perfectly elastic", "perfectly inelastic" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 54 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 164, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 164, "local_page": 67, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A city transit authority increases the price of sub- way and bus tickets from $1.25 to $1.50. If the demand for these tickets is price inelastic, the number of people riding buses and subways and the city’s revenues will most likely change in which of the following ways?", "local_stem": "A city transit authority increases the price of sub- way and bus tickets from $1.25 to $1.50. If the demand for these\ntickets is price inelastic, the number of people riding buses and subways and the city’s revenues will most likely\nchange in which of the following ways?", "web_options": [ "Number of People Riding City's Revenues Increase Increase", "Number of People Riding City's Revenues Decrease Increase", "Number of People Riding City's Revenues Decrease Decrease", "Number of People Riding City's Revenues Decrease Remain constant", "Number of People Riding City's Revenues Remain constant Increase" ], "local_options": [ "Number of People Riding\nCity's Revenues\nIncrease\nIncrease", "Number of People Riding\nCity's Revenues\nDecrease\nIncrease", "Number of People Riding\nCity's Revenues\nDecrease\nDecrease", "Number of People Riding\nCity's Revenues\nDecrease\nRemain constant", "Number of People Riding\nCity's Revenues\nRemain constant\nIncrease" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 54 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 165, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 165, "local_page": 68, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following must be true if the revenues of wheat farmers increase when the price of wheat increase?", "local_stem": "Which of the following must be true if the revenues of wheat farmers increase when the price of wheat increase?", "web_options": [ "The supply of wheat is price elastic.", "The supply of wheat is income elastic.", "The supply of wheat is income inelastic.", "The demand for wheat is price elastic.", "The demand for wheat is price inelastic." ], "local_options": [ "The supply of wheat is price elastic.", "The supply of wheat is income elastic.", "The supply of wheat is income inelastic.", "The demand for wheat is price elastic.", "The demand for wheat is price inelastic." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 55 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 166, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 166, "local_page": 69, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Based on the graph above, the producer surplus at the market equilibrium price and quantity is shown by which area?", "local_stem": "Based on the graph above, the producer surplus at the market equilibrium price and quantity is shown by which\narea?", "web_options": [ "GMK", "GMN", "GZN", "ZMN", "MNK" ], "local_options": [ "", "", "", "", "" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/00273041215457319431.png" ], "answer": "C", "download_pdf_page": 55 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 167, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 167, "local_page": 69, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that popcorn and movie attendance are complements and that Salty Concession grows corn suitable for popping. Mr Concession will most likely sell a greater quantity of popping corn at a higher price if which of the following occurs?", "local_stem": "Assume that popcorn and movie attendance are complements and that Salty Concession grows corn suitable for\npopping. Mr Concession will most likely sell a greater quantity of popping corn at a higher price if which of the\nfollowing occurs?", "web_options": [ "The wages of farm workers and movie theater employees increase.", "A technological improvement results in less expensive and more efficient harvesting of corn.", "The introduction of new fat-free potato chips provides new competition in the snack-food market.", "The release of three summer movies sets records for movie attendance", "New government regulations force movie theaters to hire more security guards at each theater." ], "local_options": [ "The wages of farm workers and movie theater employees increase.", "A technological improvement results in less expensive and more efficient harvesting of corn.", "The introduction of new fat-free potato chips provides new competition in the snack-food market.", "The release of three summer movies sets records for movie attendance", "New government regulations force movie theaters to hire more security guards at each theater." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 56 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 168, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 168, "local_page": 70, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the demand for good Y increases as the price of good X decreases, it can be concluded that", "local_stem": "If the demand for good Y increases as the price of good X decreases, it can be concluded that", "web_options": [ "X and Y are substitute goods", "X and Y are complementary goods", "X is an inferior good and Y is a superior good", "X is a superior good and Y is an inferior good", "both X and Y are inferior goods" ], "local_options": [ "X and Y are substitute goods", "X and Y are complementary goods", "X is an inferior good and Y is a superior good", "X is a superior good and Y is an inferior good", "both X and Y are inferior goods" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 56 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 169, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 169, "local_page": 70, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will result in the short run if the government imposes a binding quota?", "local_stem": "Which of the following will result in the short run if the government imposes a binding quota?", "web_options": [ "A decrease in the price paid by consumers", "A rightward shift in the supply curve", "A leftward shift in the demand curve", "An increase in consumer surplus", "A deadweight loss" ], "local_options": [ "A decrease in the price paid by consumers", "A rightward shift in the supply curve", "A leftward shift in the demand curve", "An increase in consumer surplus", "A deadweight loss" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 56 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 170, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 170, "local_page": 70, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following will most likely happen in the market for good X if the price of good X decreases?", "local_stem": "Which of the following will most likely happen in the market for good X if the price of good X decreases?", "web_options": [ "The supply of good X will decrease.", "The demand for good X will increase.", "The quantity demanded for good X will increase.", "The demand will decrease and the supply will increase.", "The quantity supplied for good X will increase." ], "local_options": [ "The supply of good X will decrease.", "The demand for good X will increase.", "The quantity demanded for good X will increase.", "The demand will decrease and the supply will increase.", "The quantity supplied for good X will increase." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 56 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 171, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 171, "local_page": 70, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If an effective rent ceiling is eliminated, which of the following is most likely to occur in the rental housing market?", "local_stem": "If an effective rent ceiling is eliminated, which of the following is most likely to occur in the rental housing market?", "web_options": [ "An increase in the demand for housing, resulting in a decrease in the quantity of housing supplied", "An increase in rents, resulting in an increase in the quantity of housing supplied", "An increase in the demand for housing, resulting in an increase in the quantity of housing demanded", "A decrease in rents, resulting in an increase in the quantity of housing supplied", "A decrease in the demand for housing, resulting in an increase in the quantity of housing supplied" ], "local_options": [ "An increase in the demand for housing, resulting in a decrease in the quantity of housing supplied", "An increase in rents, resulting in an increase in the quantity of housing supplied", "An increase in the demand for housing, resulting in an increase in the quantity of housing demanded", "A decrease in rents, resulting in an increase in the quantity of housing supplied", "A decrease in the demand for housing, resulting in an increase in the quantity of housing supplied" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 56 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 172, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 172, "local_page": 70, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Suppose that the market supply curve for shoes is upward sloping and the market demand curve is downward sloping. How will the imposition of a sales tax on shoes affect the consumer surplus, the producer surplus, and the total surplus?", "local_stem": "Suppose that the market supply curve for shoes is upward sloping and the market demand curve is downward\nsloping. How will the imposition of a sales tax on shoes affect the consumer surplus, the producer surplus, and the\ntotal surplus?", "web_options": [ "", "", "", "", "" ], "local_options": [ "Consumer Surplus\nProducer Surplus\nTotal Surplus\nDecrease\nDecrease\nDecrease", "Consumer Surplus\nProducer Surplus\nTotal Surplus\nDecrease\nIncrease\nIncrease", "Consumer Surplus\nProducer Surplus\nTotal Surplus\nDecrease\nIncrease\nDecrease", "Consumer Surplus\nProducer Surplus\nTotal Surplus\nIncrease\nDecrease\nDecrease", "Consumer Surplus\nProducer Surplus\nTotal Surplus\nIncrease\nIncrease\nIncrease" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/33365680086206106358.png", "https://static.shanmaostar.com/default/ap/56156211567493837350.png", "https://static.shanmaostar.com/default/ap/91081315816749937636.png", "https://static.shanmaostar.com/default/ap/87050191989652309435.png", "https://static.shanmaostar.com/default/ap/06648259368770883331.png" ], "answer": "A", "download_pdf_page": 57 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 173, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 173, "local_page": 71, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An increase in the supply of good X resulted in an increase in the price and quantity of good Y. It can be concluded that good Y is", "local_stem": "An increase in the supply of good X resulted in an increase in the price and quantity of good Y. It can be concluded\nthat good Y is", "web_options": [ "an inferior good", "a luxury good", "a normal good", "a substitute for good X", "a complement for good X" ], "local_options": [ "an inferior good", "a luxury good", "a normal good", "a substitute for good X", "a complement for good X" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 57 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 174, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 174, "local_page": 71, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the demand for a good is perfectly price inelastic in the short run and the supply curve is upward sloping, imposing a sales tax on the good will", "local_stem": "If the demand for a good is perfectly price inelastic in the short run and the supply curve is upward sloping,\nimposing a sales tax on the good will", "web_options": [ "leave the price paid by consumers unchanged", "decrease the after-tax revenues received by suppliers", "increase the after-tax revenues received by suppliers", "not change the after-tax revenues received by suppliers", "not change the total expenditures by consumers on the good" ], "local_options": [ "leave the price paid by consumers unchanged", "decrease the after-tax revenues received by suppliers", "increase the after-tax revenues received by suppliers", "not change the after-tax revenues received by suppliers", "not change the total expenditures by consumers on the good" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 58 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 175, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 175, "local_page": 72, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If both supply and demand for wheat increase, the equilibrium price and quantity of wheat will most likely change in which of the following ways?", "local_stem": "If both supply and demand for wheat increase, the equilibrium price and quantity of wheat will most likely change\nin which of the following ways?", "web_options": [ "Price Quantity Decrease Decrease", "Price Quantity Decrease Increase", "Price Quantity Indeterminate Increase", "Price Quantity Increase Decrease", "Price Quantity Increase Indeterminate" ], "local_options": [ "Price\nQuantity\nDecrease\nDecrease", "Price\nQuantity\nDecrease\nIncrease", "Price\nQuantity\nIndeterminate\nIncrease", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nIncrease\nIndeterminate" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 58 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 176, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 176, "local_page": 72, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If shirts and ties are complements and if the price of shirts increases due to an increase in the price of cotton, which of the following is most likely to occur in the market for ties in the short run?", "local_stem": "If shirts and ties are complements and if the price of shirts increases due to an increase in the price of cotton, which\nof the following is most likely to occur in the market for ties in the short run?", "web_options": [ "The equilibrium price and quantity of ties will increase.", "The equilibrium price and quantity of ties will decrease.", "The equilibrium price of ties will increase and the equilibrium quantity will decrease", "The supply of ties will increase.", "The demand for ties will increase." ], "local_options": [ "The equilibrium price and quantity of ties will increase.", "The equilibrium price and quantity of ties will decrease.", "The equilibrium price of ties will increase and the equilibrium quantity will decrease", "The supply of ties will increase.", "The demand for ties will increase." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 58 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 177, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 177, "local_page": 73, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that good X is a normal good. If the price of good X increases, what will happen?", "local_stem": "Assume that good X is a normal good. If the price of good X increases, what will happen?", "web_options": [ "The substitution and income effects will both lead to more of good X being purchased.", "The substitution and income effects will both lead to less of good X being purchased.", "The substitution effect will lead to more of good X being purchased, while the income effect will lead to less of good X being purchased.", "The substitution effect will lead to less of good X being purchased, while the income effect will lead to more of good X being purchased.", "There will be no income effect because only the price of good X has changed." ], "local_options": [ "The substitution and income effects will both lead to more of good X being purchased.", "The substitution and income effects will both lead to less of good X being purchased.", "The substitution effect will lead to more of good X being purchased, while the income effect will lead to less\nof good X being purchased.", "The substitution effect will lead to less of good X being purchased, while the income effect will lead to more\nof good X being purchased.", "There will be no income effect because only the price of good X has changed." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 58 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 178, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 178, "local_page": 73, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following occurs as a result of the substitution effect of an increase in the price of a normal good?", "local_stem": "Which of the following occurs as a result of the substitution effect of an increase in the price of a normal good?", "web_options": [ "The demand for the good decreases.", "The demand for the complementary good increases.", "The demand for the good becomes more elastic.", "The quantity demanded of the substitute good decreases.", "The quantity demanded of the good decreases." ], "local_options": [ "The demand for the good decreases.", "The demand for the complementary good increases.", "The demand for the good becomes more elastic.", "The quantity demanded of the substitute good decreases.", "The quantity demanded of the good decreases." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 59 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 179, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 179, "local_page": 73, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that good X is a normal good. Which of the following helps to explain why a decrease in the price of good X increases the quantity demanded of good X?", "local_stem": "Assume that good X is a normal good. Which of the following helps to explain why a decrease in the price of good\nX increases the quantity demanded of good X?", "web_options": [ "Good X becomes relatively less expensive than its substitutes, so consumers buy more of good X and fewer of the substitutes", "The marginal utility of consuming good X increases as more of good X is consumed.", "The lower price of good X decreases the marginal utility per dollar; therefore, consumers buy more of good X.", "The demand curve for good X shifts to the left.", "The supply curve for good X shifts to the right." ], "local_options": [ "Good X becomes relatively less expensive than its substitutes, so consumers buy more of good X and fewer\nof the substitutes", "The marginal utility of consuming good X increases as more of good X is consumed.", "The lower price of good X decreases the marginal utility per dollar; therefore, consumers buy more of good\nX.", "The demand curve for good X shifts to the left.", "The supply curve for good X shifts to the right." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 59 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 180, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 180, "local_page": 73, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of the substitution effect of an increase in the price of a normal good?", "local_stem": "Which of the following is true of the substitution effect of an increase in the price of a normal good?", "web_options": [ "It works to offset the income effect.", "It works to reinforce the income effect.", "It is less than the income effect.", "It causes an increase in the quantity demanded of the good.", "It causes an increase in the demand for the good." ], "local_options": [ "It works to offset the income effect.", "It works to reinforce the income effect.", "It is less than the income effect.", "It causes an increase in the quantity demanded of the good.", "It causes an increase in the demand for the good." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 59 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 181, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 181, "local_page": 73, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that ice cream is a normal good. If the price of ice cream decreases, the substitution effect and the income effect will lead to which of the following changes in ice cream consumption?", "local_stem": "Assume that ice cream is a normal good. If the price of ice cream decreases, the substitution effect and the income\neffect will lead to which of the following changes in ice cream consumption?", "web_options": [ "Substitution Effect Income Effect Increase Decrease", "Substitution Effect Income Effect Increase Increase", "Substitution Effect Income Effect Increase No change", "Substitution Effect Income Effect Decrease Increase", "Substitution Effect Income Effect Decrease No change" ], "local_options": [ "Substitution Effect\nIncome Effect\nIncrease\nDecrease", "Substitution Effect\nIncome Effect\nIncrease\nIncrease", "Substitution Effect\nIncome Effect\nIncrease\nNo change", "Substitution Effect\nIncome Effect\nDecrease\nIncrease", "Substitution Effect\nIncome Effect\nDecrease\nNo change" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 59 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 182, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 182, "local_page": 75, "stem_similarity": 0.9869, "option_similarities": [ 0.9565, 0.9565, 0.9565, 0.9362, 0.9362 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The graphs above show the individual demand curves for the only two consumers, Adey and Sarah, in the market for popcorn. As the price of popcorn decreases from $12 to $6, how does the quantity demanded change along the market demand curve?", "local_stem": "The graphs above show the individual demand curves for the only two consumers, Adey and Sarah, in the market\nfor popcorn. As the price of popcorn decreases from\nto\n, how does the quantity demanded change along the\nmarket demand curve?", "web_options": [ "It increases from 2 to 4 units.", "It increases from 2 to 5 units.", "It increases from 2 to 8 units.", "It increases from 0 to 14 units.", "It increases from 8 to 14 units." ], "local_options": [ "It increases from\nto\nunits.", "It increases from\nto\nunits.", "It increases from\nto\nunits.", "It increases from\nto\nunits.", "It increases from\nto\nunits." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/84199347211427084672.png" ], "answer": "C", "download_pdf_page": 60 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 183, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 183, "local_page": 75, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements relating to supply is true?", "local_stem": "Which of the following statements relating to supply is true?", "web_options": [ "An increase in an input price will lead to an increase in supply.", "An increase in the price of a good will lead to an increase in the supply of the good.", "A decrease in consumers’ income will lead to a decrease in the supply of the good.", "A decrease in the price of a good will lead to a decrease in the quantity supplied of the good.", "A decrease in the price of a substitute good in production will lead to a decrease in the supply of another substitute good." ], "local_options": [ "An increase in an input price will lead to an increase in supply.", "An increase in the price of a good will lead to an increase in the supply of the good.", "A decrease in consumers’ income will lead to a decrease in the supply of the good.", "A decrease in the price of a good will lead to a decrease in the quantity supplied of the good.", "A decrease in the price of a substitute good in production will lead to a decrease in the supply of another\nsubstitute good." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 60 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 184, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 184, "local_page": 75, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Last year 17 million tons of beans were sold for $300 per ton. This year 17 million tons of beans were sold for $285 per ton. Which of the following changes in demand and supply could have caused this outcome?", "local_stem": "Last year 17 million tons of beans were sold for $300 per ton. This year 17 million tons of beans were sold for $285\nper ton. Which of the following changes in demand and supply could have caused this outcome?", "web_options": [ "Demand Supply Increase Increase", "Demand Supply Increase Decrease", "Demand Supply Decrease Increase", "Demand Supply Decrease Decrease", "Demand Supply Increase No change" ], "local_options": [ "Demand\nSupply\nIncrease\nIncrease", "Demand\nSupply\nIncrease\nDecrease", "Demand\nSupply\nDecrease\nIncrease", "Demand\nSupply\nDecrease\nDecrease", "Demand\nSupply\nIncrease\nNo change" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 60 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 185, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 185, "local_page": 76, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "On the basis of the graph above, which of the following statements concerning changes in the demand for and supply of tomatoes is correct?", "local_stem": "On the basis of the graph above, which of the following statements concerning changes in the demand for and\nsupply of tomatoes is correct?", "web_options": [ "If both the demand and supply increase, the price of tomatoes will definitely increase.", "If both the demand and supply decrease, the quantity of tomatoes sold will definitely increase.", "If the demand decreases while the supply increases, the price of tomatoes sold will definiftely increase", "If the demand decreases while the supply increases, the quantity of tomatoes sold will definitely decrease.", "If the demand increases while the supply decreases, the price of tomatoes will definitely increase." ], "local_options": [ "If both the demand and supply increase, the price of tomatoes will definitely increase.", "If both the demand and supply decrease, the quantity of tomatoes sold will definitely increase.", "If the demand decreases while the supply increases, the price of tomatoes sold will definiftely increase", "If the demand decreases while the supply increases, the quantity of tomatoes sold will definitely decrease.", "If the demand increases while the supply decreases, the price of tomatoes will definitely increase." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/87047804687303993346.png" ], "answer": "E", "download_pdf_page": 61 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 186, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 186, "local_page": 77, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Country Z is both a producer and an importer of cloth. Which of the following will happen if the government of Country Z imposes a tariff on cloth and the country continues to import some cloth from abroad?", "local_stem": "Country Z is both a producer and an importer of cloth. Which of the following will happen if the government of\nCountry Z imposes a tariff on cloth and the country continues to import some cloth from abroad?", "web_options": [ "There will be a decrease in domestic producer surplus.", "There will be an increase in the quantity demanded for cloth.", "As the country produces more cloth, there will be an efficiency gain for the economy.", "There will be a decrease in consumer surplus for domestic consumers.", "The domestic consumption of cloth will increase." ], "local_options": [ "There will be a decrease in domestic producer surplus.", "There will be an increase in the quantity demanded for cloth.", "As the country produces more cloth, there will be an efficiency gain for the economy.", "There will be a decrease in consumer surplus for domestic consumers.", "The domestic consumption of cloth will increase." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 61 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 187, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 187, "local_page": 77, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose that the government imposes a per-unit tax on the producers of a good that has a perfectly inelastic demand. After the tax, the price and quantity of the good sold would change in which of the following ways?", "local_stem": "Suppose that the government imposes a per-unit tax on the producers of a good that has a perfectly inelastic\ndemand. After the tax, the price and quantity of the good sold would change in which of the following ways?", "web_options": [ "Price Quantity Increase Increase", "Price Quantity Increase Decrease", "Price Quantity Increase Not change", "Price Quantity Not change Increase", "Price Quantity Decrease Not change" ], "local_options": [ "Price\nQuantity\nIncrease\nIncrease", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nIncrease\nNot change", "Price\nQuantity\nNot change\nIncrease", "Price\nQuantity\nDecrease\nNot change" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 62 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 188, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 188, "local_page": 78, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the government imposes a per-unit tax on personal computers, consumer surplus in the personal computer market will", "local_stem": "If the government imposes a per-unit tax on personal computers, consumer surplus in the personal computer market\nwill", "web_options": [ "decrease, because the price paid by consumers for personal computers will have increased", "decrease, because there will be more personal computers on the market", "increase, because personal computer manufacturers will pass the tax on to consumers", "increase, because consumers will buy more imported personal computers", "not change because the demand is unit elastic" ], "local_options": [ "decrease, because the price paid by consumers for personal computers will have increased", "decrease, because there will be more personal computers on the market", "increase, because personal computer manufacturers will pass the tax on to consumers", "increase, because consumers will buy more imported personal computers", "not change because the demand is unit elastic" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 62 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 189, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 189, "local_page": 78, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the law of demand, which of the following occurs when the price of a good increases?", "local_stem": "According to the law of demand, which of the following occurs when the price of a good increases?", "web_options": [ "The demand for the good decreases.", "The quantity demanded of a substitute good decreases.", "The quantity demanded of a complementary good increases.", "The quantity demanded of the good increases.", "The quantity demanded of the good decreases." ], "local_options": [ "The demand for the good decreases.", "The quantity demanded of a substitute good decreases.", "The quantity demanded of a complementary good increases.", "The quantity demanded of the good increases.", "The quantity demanded of the good decreases." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 62 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 190, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 190, "local_page": 79, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the government imposes a tax on the production of cars, which of the following will occur in the market for cars?", "local_stem": "If the government imposes a tax on the production of cars, which of the following will occur in the market for cars?", "web_options": [ "There will be a movement to the right along the supply curve.", "There will be a movement to the right along the demand curve.", "The supply curve will shift to the right.", "The supply curve will shift to the left.", "The demand curve will shift to the right." ], "local_options": [ "There will be a movement to the right along the supply curve.", "There will be a movement to the right along the demand curve.", "The supply curve will shift to the right.", "The supply curve will shift to the left.", "The demand curve will shift to the right." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 62 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 191, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 191, "local_page": 79, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Following the imposition of a $4 per-unit tax in a competitive market, the seller’s after-tax price falls from the original equilibrium price of $12 to $11. Which of the following statements relating to the imposition of the tax is true?", "local_stem": "Following the imposition of a $4 per-unit tax in a competitive market, the seller’s after-tax price falls from the\noriginal equilibrium price of $12 to $11. Which of the following statements relating to the imposition of the tax is\ntrue?", "web_options": [ "The seller bears 75 percent of the tax burden.", "The new after-tax equilibrium price is $16.", "There is no deadweight loss from this tax.", "The new after-tax equilibrium price is $15.", "The buyer bears 25 percent of the tax burden." ], "local_options": [ "The seller bears 75 percent of the tax burden.", "The new after-tax equilibrium price is $16.", "There is no deadweight loss from this tax.", "The new after-tax equilibrium price is $15.", "The buyer bears 25 percent of the tax burden." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 63 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 192, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 192, "local_page": 79, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that in a competitive equilibrium, 1,000 units are sold at $20 per unit. Following the imposition of a $4.00 per unit tax, the new consumer price is $23, and the new equilibrium quantity is 950 units. What are the values of the tax revenue collected and the deadweight loss?", "local_stem": "Assume that in a competitive equilibrium, 1,000 units are sold at $20 per unit. Following the imposition of a $4.00\nper unit tax, the new consumer price is $23, and the new equilibrium quantity is 950 units. What are the values of\nthe tax revenue collected and the deadweight loss?", "web_options": [ "Tax revenue $4,000; Deadweight loss $3,000", "Tax revenue $3,800; Deadweight loss $200", "Tax revenue $3,800; Deadweight loss $100", "Tax revenue $3,000; Deadweight loss $100", "Tax revenue $200; Deadweight loss $200" ], "local_options": [ "Tax revenue $4,000; Deadweight loss $3,000", "Tax revenue $3,800; Deadweight loss $200", "Tax revenue $3,800; Deadweight loss $100", "Tax revenue $3,000; Deadweight loss $100", "Tax revenue $200; Deadweight loss $200" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 63 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 193, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 193, "local_page": 79, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A market supply curve is more elastic in the long run than in the short run because", "local_stem": "A market supply curve is more elastic in the long run than in the short run because", "web_options": [ "producers’ marginal costs are increasing", "the quantity demanded increases at a steady rate", "there are no fixed inputs in the long run", "of constant returns to scale in production", "of diseconomies of scale in production" ], "local_options": [ "producers’ marginal costs are increasing", "the quantity demanded increases at a steady rate", "there are no fixed inputs in the long run", "of constant returns to scale in production", "of diseconomies of scale in production" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 63 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 194, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 194, "local_page": 80, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table below lists the monthly individual demand schedules for text messages for the only three buyers in the market: Allison, Bill, and Chang. Which of the following combinations of price and quantity lies on the market demand curve?", "local_stem": "The table below lists the monthly individual demand schedules for text messages for the only three buyers in the\nmarket: Allison, Bill, and Chang.\nWhich of the following combinations of price and quantity lies on the market demand curve?", "web_options": [ "", "", "", "", "" ], "local_options": [ "Price\nQuantity\n4¢\n1,000", "Price\nQuantity\n8¢\n350", "Price\nQuantity\n12¢\n200", "Price\nQuantity\n16¢\n270", "Price\nQuantity\n20¢\n0" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/49616336924974607173.png", "https://static.shanmaostar.com/default/ap/77506804862404766973.png", "https://static.shanmaostar.com/default/ap/67075017181890385431.png", "https://static.shanmaostar.com/default/ap/74101098182071735944.png", "https://static.shanmaostar.com/default/ap/20135975390902251482.png", "https://static.shanmaostar.com/default/ap/27095860735897468462.png" ], "answer": "D", "download_pdf_page": 63 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 195, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 195, "local_page": 81, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The economic concept of total consumer surplus refers to which of the following?", "local_stem": "The economic concept of total consumer surplus refers to which of the following?", "web_options": [ "The difference between the quantity of a good or service that people purchase and the amount that they actually consume", "The overproduction of goods and services relative to the socially optimal level of output", "The sum of the differences between the prices that consumers are willing to pay for a good or service and the price they actually pay", "The sum of the differences between the prices that consumers are willing to pay for a good or service and the minimum prices that sellers must receive to offer that quantity", "The difference between the quantity demanded and the quantity supplied of a product at a given price" ], "local_options": [ "The difference between the quantity of a good or service that people purchase and the amount that they\nactually consume", "The overproduction of goods and services relative to the socially optimal level of output", "The sum of the differences between the prices that consumers are willing to pay for a good or service and the\nprice they actually pay", "The sum of the differences between the prices that consumers are willing to pay for a good or service and the\nminimum prices that sellers must receive to offer that quantity", "The difference between the quantity demanded and the quantity supplied of a product at a given price" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 65 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 196, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 196, "local_page": 81, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best illustrates the concept of consumer surplus?", "local_stem": "Which of the following best illustrates the concept of consumer surplus?", "web_options": [ "A thirsty athlete pays $0.85 for a cold drink when she would have gladly paid $1.50 for the drink.", "An individual who is willing to accept a job at $7.50 per hour is offered $7.00 per hour.", "An individual pays the sale price of $15.00 for the same shirt that the individual refused to purchase earlier at $18.00.", "An individual finds that the price of artichokes, a food she dislikes, has been reduced by 50 percent.", "A wood-carver has a marginal cost of $5.00 for a unit of output, but sells that unit at $6.00." ], "local_options": [ "A thirsty athlete pays $0.85 for a cold drink when she would have gladly paid $1.50 for the drink.", "An individual who is willing to accept a job at $7.50 per hour is offered $7.00 per hour.", "An individual pays the sale price of $15.00 for the same shirt that the individual refused to purchase earlier at\n$18.00.", "An individual finds that the price of artichokes, a food she dislikes, has been reduced by 50 percent.", "A wood-carver has a marginal cost of $5.00 for a unit of output, but sells that unit at $6.00." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 65 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 197, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 197, "local_page": 82, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the market for tomatoes is in equilibrium at a price of $35 per bushel. If the demand for tomatoes decreases, which of the following will occur?", "local_stem": "Assume that the market for tomatoes is in equilibrium at a price of $35 per bushel. If the demand for tomatoes\ndecreases, which of the following will occur?", "web_options": [ "A shortage at $35, creating an increase in price, leading to an increase in quantity supplied", "A shortage at $35, leading to an increase in supply and a decrease in price", "A surplus at $35, leading to a decrease in price and in quantity supplied", "A surplus at $35, leading to a decrease in supply and an increase in price", "A surplus at $35, leading to an increase in price and a decrease in quantity demanded" ], "local_options": [ "A shortage at $35, creating an increase in price, leading to an increase in quantity supplied", "A shortage at $35, leading to an increase in supply and a decrease in price", "A surplus at $35, leading to a decrease in price and in quantity supplied", "A surplus at $35, leading to a decrease in supply and an increase in price", "A surplus at $35, leading to an increase in price and a decrease in quantity demanded" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 65 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 198, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 198, "local_page": 82, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the government imposes an effective minimum wage in a perfectly competitive labor market. What will happen to employment and total wage payments?", "local_stem": "Assume that the government imposes an effective minimum wage in a perfectly competitive labor market. What\nwill happen to employment and total wage payments?", "web_options": [ "Employment Total Wage Payments Decrease Increase", "Employment Total Wage Payments Decrease Decrease", "Employment Total Wage Payments Decrease Indeterminate", "Employment Total Wage Payments Increase Increase", "Employment Total Wage Payments Increase Indeterminate" ], "local_options": [ "Employment\nTotal Wage Payments\nDecrease\nIncrease", "Employment\nTotal Wage Payments\nDecrease\nDecrease", "Employment\nTotal Wage Payments\nDecrease\nIndeterminate", "Employment\nTotal Wage Payments\nIncrease\nIncrease", "Employment\nTotal Wage Payments\nIncrease\nIndeterminate" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 65 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 199, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 199, "local_page": 83, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the price of good X decreases from $10 to $9 per unit and that the quantity demanded of good X increases from 25 to 30 units. In this price range,the demand for good X is", "local_stem": "Assume that the price of good X decreases from $10 to $9 per unit and that the quantity demanded of good X\nincreases from 25 to 30 units. In this price range, the demand for good X is", "web_options": [ "inelastic", "elastic", "unit elastic", "perfectly inelastic", "perfectly elastic" ], "local_options": [ "inelastic", "elastic", "unit elastic", "perfectly inelastic", "perfectly elastic" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 66 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 200, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 200, "local_page": 83, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following situations would necessarily lead to an increase in the price of peaches?", "local_stem": "Which of the following situations would necessarily lead to an increase in the price of peaches?", "web_options": [ "The wage paid to peach farm workers rises at the same time that medical researchers find that eating peaches reduces the chances of a person’s developing cancer.", "While the wages of peach farm workers fall drastically, the peach industry launches a highly successful advertising campaign for peaches.", "A breakthrough in technology enables peach farmers to use the same amount of resources as before to produce more peaches per acre.", "The prices of apples and oranges fall.", "Weather during the growing season is ideal for peach production." ], "local_options": [ "The wage paid to peach farm workers rises at the same time that medical researchers find that eating peaches\nreduces the chances of a person’s developing cancer.", "While the wages of peach farm workers fall drastically, the peach industry launches a highly successful\nadvertising campaign for peaches.", "A breakthrough in technology enables peach farmers to use the same amount of resources as before to\nproduce more peaches per acre.", "The prices of apples and oranges fall.", "Weather during the growing season is ideal for peach production." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 66 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 201, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 201, "local_page": 84, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the income elasticity of demand for good X is negative and the cross-price elasticity of demand between good X and good Y is negative, which of the following must be true of good X?", "local_stem": "If the income elasticity of demand for good X is negative and the cross-price elasticity of demand between good X\nand good Y is negative, which of the following must be true of good X?", "web_options": [ "X is a normal good and is a substitute for Y.", "X is a normal good and is a complement to Y.", "X is an inferior good and is a substitute for Y.", "X is an inferior good and is a complement to Y.", "X is a normal good and Y is an inferior good." ], "local_options": [ "X is a normal good and is a substitute for Y.", "X is a normal good and is a complement to Y.", "X is an inferior good and is a substitute for Y.", "X is an inferior good and is a complement to Y.", "X is a normal good and Y is an inferior good." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 66 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 202, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 202, "local_page": 84, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In which of the following cases would a firm’s total revenue increase?", "local_stem": "In which of the following cases would a firm’s total revenue increase?", "web_options": [ "Price increases and demand is elastic.", "Price decreases and supply is inelastic.", "Price decreases and demand is elastic.", "Price decreases and supply is elastic.", "Price decreases and demand is inelastic." ], "local_options": [ "Price increases and demand is elastic.", "Price decreases and supply is inelastic.", "Price decreases and demand is elastic.", "Price decreases and supply is elastic.", "Price decreases and demand is inelastic." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 66 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 203, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 203, "local_page": 84, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following changes in the demand for and the supply of a good would necessarily lead to a decrease in the equilibrium quantity of the good in the market in the short run?", "local_stem": "Which of the following changes in the demand for and the supply of a good would necessarily lead to a decrease in\nthe equilibrium quantity of the good in the market in the short run?", "web_options": [ "Demand Supply Increase Decrease", "Demand Supply Increase No change", "Demand Supply Decrease Increase", "Demand Supply Decrease Decrease", "Demand Supply No change Increase" ], "local_options": [ "Demand\nSupply\nIncrease\nDecrease", "Demand\nSupply\nIncrease\nNo change", "Demand\nSupply\nDecrease\nIncrease", "Demand\nSupply\nDecrease\nDecrease", "Demand\nSupply\nNo change\nIncrease" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 67 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 204, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 204, "local_page": 85, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the government imposes a tariff on imports of cheese, the price and quantity of imported cheese will most likely change in which of the following ways?", "local_stem": "If the government imposes a tariff on imports of cheese, the price and quantity of imported cheese will most likely\nchange in which of the following ways?", "web_options": [ "Price Quantity Decrease Decrease", "Price Quantity Decrease Increase", "Price Quantity Increase Not change", "Price Quantity Increase Decrease", "Price Quantity Increase Increase" ], "local_options": [ "Price\nQuantity\nDecrease\nDecrease", "Price\nQuantity\nDecrease\nIncrease", "Price\nQuantity\nIncrease\nNot change", "Price\nQuantity\nIncrease\nDecrease", "Price\nQuantity\nIncrease\nIncrease" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 67 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 205, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 205, "local_page": 86, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a one-of-a-kind Etruscan vase is offered for sale at an auction, which, if any, of the following correctly shows the supply curve for the vase?", "local_stem": "If a one-of-a-kind Etruscan vase is offered for sale at an auction, which, if any, of the following correctly shows the\nsupply curve for the vase?", "web_options": [ "", "", "", "", "It is impossible to determine the shape of the supply curve from the given information." ], "local_options": [ "", "", "", "", "It is impossible to determine the shape of the supply curve from the given information." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/37780460515323049117.png", "https://static.shanmaostar.com/default/ap/35758922329705978375.png", "https://static.shanmaostar.com/default/ap/55355806282948442791.png", "https://static.shanmaostar.com/default/ap/23226186339641121844.png" ], "answer": "A", "download_pdf_page": 68 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 206, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 206, "local_page": 87, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Country Z is both a producer and an importer of green tea. If country Z imposes a tariff on imports of green tea, which of the following will occur in the domestic market of green tea?", "local_stem": "Country Z is both a producer and an importer of green tea. If country Z imposes a tariff on imports of green tea,\nwhich of the following will occur in the domestic market of green tea?", "web_options": [ "Consumer surplus will increase.", "Domestic production will increase.", "Total consumption of green tea will increase.", "Producer surplus will decrease.", "The price paid by domestic consumers will decrease." ], "local_options": [ "Consumer surplus will increase.", "Domestic production will increase.", "Total consumption of green tea will increase.", "Producer surplus will decrease.", "The price paid by domestic consumers will decrease." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 68 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 207, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 207, "local_page": 87, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Consumer surplus is defined as", "local_stem": "Consumer surplus is defined as", "web_options": [ "opportunity cost minus total revenue", "total revenue minus opportunity cost", "the difference between the resource costs and the price that consumers pay", "the difference between the value that consumers place on a good and the price they pay", "the sum of external costs and benefits" ], "local_options": [ "opportunity cost minus total revenue", "total revenue minus opportunity cost", "the difference between the resource costs and the price that consumers pay", "the difference between the value that consumers place on a good and the price they pay", "the sum of external costs and benefits" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 69 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 208, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 208, "local_page": 88, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The American Heart Association has just issued a report warning consumers about the negative health effects of eating beef. Which of the following changes in the beef market is most likely to occur as a result?", "local_stem": "The American Heart Association has just issued a report warning consumers about the negative health effects of\neating beef. Which of the following changes in the beef market is most likely to occur as a result?", "web_options": [ "The supply curve will shift to the left, increasing the price of beef.", "The demand curve will shift to the left, decreasing the price of beef.", "The demand curve will shift to the right, increasing the price of beef.", "Neither the supply nor demand curve will shift; only quantity will increase as price decreases.", "Neither the supply nor demand curve will shift; only quantity will decrease as prices increases." ], "local_options": [ "The supply curve will shift to the left, increasing the price of beef.", "The demand curve will shift to the left, decreasing the price of beef.", "The demand curve will shift to the right, increasing the price of beef.", "Neither the supply nor demand curve will shift; only quantity will increase as price decreases.", "Neither the supply nor demand curve will shift; only quantity will decrease as prices increases." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 69 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 209, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 209, "local_page": 88, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A leftward shift in the supply curve of watches could be caused by", "local_stem": "A leftward shift in the supply curve of watches could be caused by", "web_options": [ "an increase in the price of watches", "an increase in wages paid to workers who produce watches", "an improvement in the technology associated with watchmaking", "a decrease in the price of parts used in the production of watches", "an increase in population" ], "local_options": [ "an increase in the price of watches", "an increase in wages paid to workers who produce watches", "an improvement in the technology associated with watchmaking", "a decrease in the price of parts used in the production of watches", "an increase in population" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 69 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 210, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 210, "local_page": 88, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that apple juice and grape juice are substitutes. Which of the following will cause an increase in the quantity of apple juice supplied?", "local_stem": "Assume that apple juice and grape juice are substitutes. Which of the following will cause an increase in the\nquantity of apple juice supplied?", "web_options": [ "A decrease in subsidies to apple juice producers", "A decrease in the price of grape juice", "An increase in the price of apple juice", "An increase in the price of insecticides used on apple trees", "The imposition of a price ceiling in the market for apple juice" ], "local_options": [ "A decrease in subsidies to apple juice producers", "A decrease in the price of grape juice", "An increase in the price of apple juice", "An increase in the price of insecticides used on apple trees", "The imposition of a price ceiling in the market for apple juice" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 69 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 211, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 211, "local_page": 88, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the market for beef is perfectly competitive and in equilibrium. Which of the following would most likely result in an increase in both the equilibrium price and the equilibrium quantity of beef?", "local_stem": "Assume that the market for beef is perfectly competitive and in equilibrium. Which of the following would most\nlikely result in an increase in both the equilibrium price and the equilibrium quantity of beef?", "web_options": [ "An increase in the supply of chicken, a substitute good", "A decrease in consumers’ income, assuming that beef is a normal good", "An increase in the supply of potatoes, a complementary good", "An increase in the price of corn, an input in the production of beef", "An announcement by the medical community that consumption of beef increases the risk of heart disease" ], "local_options": [ "An increase in the supply of chicken, a substitute good", "A decrease in consumers’ income, assuming that beef is a normal good", "An increase in the supply of potatoes, a complementary good", "An increase in the price of corn, an input in the production of beef", "An announcement by the medical community that consumption of beef increases the risk of heart disease" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 69 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 212, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 212, "local_page": 88, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In a perfectly competitive market, which of the following shifts in the supply and demand curves will definitely cause both equilibrium price and quantity to decrease?", "local_stem": "In a perfectly competitive market, which of the following shifts in the supply and demand curves will definitely\ncause both equilibrium price and quantity to decrease?", "web_options": [ "Supply Curve Demand Curve Shifts to the left Shifts to the left", "Supply Curve Demand Curve Shifts to the left No shift", "Supply Curve Demand Curve Shifts to the right Shifts to the right", "Supply Curve Demand Curve No shift Shifts to the right", "Supply Curve Demand Curve No shift Shifts to the left" ], "local_options": [ "Supply Curve\nDemand Curve\nShifts to the left\nShifts to the left", "Supply Curve\nDemand Curve\nShifts to the left\nNo shift", "Supply Curve\nDemand Curve\nShifts to the right\nShifts to the right", "Supply Curve\nDemand Curve\nNo shift\nShifts to the right", "Supply Curve\nDemand Curve\nNo shift\nShifts to the left" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 70 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 213, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 213, "local_page": 90, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows the supply and demand curves for a particular brand of computers. In 1988, 10,000 computers were sold for $1,000 each, but in 1989, 9,000 computers were sold for $1,000 each. Which of the following changes in the supply and demand curves could most likely have caused this change?", "local_stem": "The graph above shows the supply and demand curves for a particular brand of computers. In 1988, 10,000\ncomputers were sold for $1,000 each, but in 1989, 9,000 computers were sold for $1,000 each. Which of the\nfollowing changes in the supply and demand curves could most likely have caused this change?", "web_options": [ "Demand Curve Supply Curve Shift right Shift right", "Demand Curve Supply Curve Shift right Shift left", "Demand Curve Supply Curve No change Shift left", "Demand Curve Supply Curve Shift left Shift left", "Demand Curve Supply Curve Shift left No change" ], "local_options": [ "Demand Curve\nSupply Curve\nShift right\nShift right", "Demand Curve\nSupply Curve\nShift right\nShift left", "Demand Curve\nSupply Curve\nNo change\nShift left", "Demand Curve\nSupply Curve\nShift left\nShift left", "Demand Curve\nSupply Curve\nShift left\nNo change" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/56971666043455965066.png" ], "answer": "D", "download_pdf_page": 70 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 214, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 214, "local_page": 91, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose that the demand for soft drinks is price elastic and the supply is price inelastic. If the government imposes a sales tax on soft drinks, which of the following will occur in the short run?", "local_stem": "Suppose that the demand for soft drinks is price elastic and the supply is price inelastic. If the government imposes\na sales tax on soft drinks, which of the following will occur in the short run?", "web_options": [ "The tax burden will fall equally on both consumers and producers.", "The tax burden will fall more on producers.", "The tax burden will fall more on consumers.", "The percentage increase in the price of soft drinks will be greater than the percentage increase in the quantity demanded.", "The percentage decrease in total revenue will be greater than the percentage decrease in the quantity demanded." ], "local_options": [ "The tax burden will fall equally on both consumers and producers.", "The tax burden will fall more on producers.", "The tax burden will fall more on consumers.", "The percentage increase in the price of soft drinks will be greater than the percentage increase in the quantity\ndemanded.", "The percentage decrease in total revenue will be greater than the percentage decrease in the quantity\ndemanded." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 71 }, { "bank_id": "75", "bank": "Unit 2 Supply&demand", "section": 1, "web_number": 215, "local_file": "unit 2 supply&demand/S&D MCQ.pdf", "local_number": 215, "local_page": 91, "stem_similarity": 0.9876, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Country Z has a downward sloping domestic demand curve and an upward sloping domestic supply curve for widgets. In the absence of trade, the domestic price of widgets is P 0 . Now the country engages in trade, and the price for widgets, P w , is below the domestic price, P 0 . Which of the following will occur?", "local_stem": "Country Z has a downward sloping domestic demand curve and an upward sloping domestic supply curve for\nwidgets. In the absence of trade, the domestic price of widgets is\n. Now the country engages in trade, and the\nprice for widgets,\n, is below the domestic price,\n. Which of the following will occur?", "web_options": [ "Country Z will begin exporting widgets.", "Consumer surplus will decrease in Country Z.", "Domestic producer surplus will decrease in country Z.", "Domestic production of widgets in Country Z will increase.", "The price of widgets received by domestic producers will increase." ], "local_options": [ "Country Z will begin exporting widgets.", "Consumer surplus will decrease in Country Z.", "Domestic producer surplus will decrease in country Z.", "Domestic production of widgets in Country Z will increase.", "The price of widgets received by domestic producers will increase." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 71 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 1, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 1, "local_page": 1, "stem_similarity": null, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table above shows the total cost and the total benefit of cleaning up pollution in a community. Which of the following cleanup levels is socially optimal?", "local_stem": "Levels of Cleanup\nTotal Cost of Cleanup ( )\nTotal Benefit of Cleanup ( )\nThe table above shows the total cost and the total benefit of cleaning up pollution in a community. Which of the\nfollowing cleanup levels is socially optimal?", "web_options": [ "1", "2", "3", "4", "5" ], "local_options": [ "", "", "", "", "" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/40091898910792658998.png" ], "answer": "B", "manual_mapping_note": "Compared pollution-cleanup stem and corresponding table; numeric option values are absent from PDF text layer.", "download_pdf_page": 1 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 2, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 2, "local_page": 1, "stem_similarity": 0.859, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume the following utility schedule for Aaliyah’s ice cream consumption. If she consumes 6 units, what is the value of her total utility from consuming ice cream?", "local_stem": "Assume the following utility schedule for Aaliyah’s ice cream consumption. If she consumes 6 units, what is the\nvalue of her total utility from consuming ice cream?\nQuantity Consumed\nMarginal Utility\n1\n8\n2\n6\n3\n4\n4\n2\n5\n0\n6\n-2", "web_options": [ "22", "20", "18", "0", "-2" ], "local_options": [ "22", "20", "18", "0", "-2" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/81004070596415638947.png" ], "answer": "C", "download_pdf_page": 1 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 3, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 3, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0199 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The additional satisfaction received from consuming an additional unit of a good is called the", "local_stem": "The additional satisfaction received from consuming an additional unit of a good is called the", "web_options": [ "marginal utility", "marginal product", "average product", "average utility", "total utility" ], "local_options": [ "marginal utility", "marginal product", "average product", "average utility", "total utility\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the marginal benefit, in dollars, that Ahmet derives from consuming two goods, books and Good\nD.\nQuantity of Books\nMarginal Benefit of Books\nQuantity of Good D\nMarginal Benefit of Good D\n1\n$28\n1\n$32\n2\n$16\n2\n$16\n3\n$4\n3\n$8\n4\n$2\n4\n$4\n5\n$1\n5\n$2\n6\n$0\n6\n$1\nAhmet has a limited weekly income of $18, and he spends it all on books and Good D. Assume the price of each book is\n$4 and the price of Good D is $1 per unit.\n(a) Calculate the total consumer surplus from books if Ahmet buys 5 books. Show your work.\n(b) Given his weekly income, would Ahmet be able to buy 3 books and 2 units of Good D? Explain using numbers.\n(c) Identify the quantity of books and the quantity of Good D that will maximize Ahmet’s total benefit given his weekly\nincome. Explain using marginal analysis.\n(d) Assume books are is produced in a perfectly competitive market and that there is an increase in the number of buyers\nin the market for books.\n(i) Would Ahmet’s total consumer surplus from books if he buys 5 books increase, decrease, or stay the same compared to\nyour answer in part (a) ? Explain.\n(ii) Will the quantity of books that will maximize Ahmet’s total benefit increase, decrease, or stay the same? Explain." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 1 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 4, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 7, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true if consuming one unit of a good yields 100 utils and consuming the second unit of the good increases satisfaction by 20 utils?", "local_stem": "Which of the following is true if consuming one unit of a good yields 100 utils and consuming the second unit of\nthe good increases satisfaction by 20 utils?", "web_options": [ "The marginal utility of the first unit is 20.", "The marginal utility of the second unit is 80.", "The marginal utility of the second unit is 120.", "The total utility of consuming two units is 120.", "The total utility of consuming one unit is greater than the total utility of consuming two units." ], "local_options": [ "The marginal utility of the first unit is 20.", "The marginal utility of the second unit is 80.", "The marginal utility of the second unit is 120.", "The total utility of consuming two units is 120.", "The total utility of consuming one unit is greater than the total utility of consuming two units." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 2 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 5, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 8, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Carlos has a van with 20 seats and charges $10 per person per ride to the airport from downtown. Carlos’ cost of the trip is $140 for any number of passengers. On one trip, Carlos has 19 seats filled when a person offers him $5 for the last seat. Should Carlos accept the offer?", "local_stem": "Carlos has a van with 20 seats and charges $10 per person per ride to the airport from downtown. Carlos’ cost of the\ntrip is $140 for any number of passengers. On one trip, Carlos has 19 seats filled when a person offers him $5 for\nthe last seat. Should Carlos accept the offer?", "web_options": [ "No, since the $5 fare offered is below his average cost of $7.", "No, since the average variable cost is greater than $5.", "No, since it is illegal to charge different prices for the same service.", "Yes, since the marginal benefit exceeds the marginal cost.", "Yes, since his total revenue exceeds his total cost by $5." ], "local_options": [ "No, since the $5 fare offered is below his average cost of $7.", "No, since the average variable cost is greater than $5.", "No, since it is illegal to charge different prices for the same service.", "Yes, since the marginal benefit exceeds the marginal cost.", "Yes, since his total revenue exceeds his total cost by $5." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 2 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 6, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 9, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "All of the following are included in computing the opportunity cost of attending college EXCEPT", "local_stem": "All of the following are included in computing the opportunity cost of attending college EXCEPT", "web_options": [ "interest paid on student loans", "wages the student gave up to attend college", "money spent on college tuition", "money spent on clothing expenses", "money spent on books and supplies" ], "local_options": [ "interest paid on student loans", "wages the student gave up to attend college", "money spent on college tuition", "money spent on clothing expenses", "money spent on books and supplies" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 2 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 7, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 10, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a good is available free of charge, an individual will consume it until", "local_stem": "If a good is available free of charge, an individual will consume it until", "web_options": [ "marginal utility is zero", "average utility is zero", "total utility is zero", "marginal utility equals average utility", "marginal utility equals total utility" ], "local_options": [ "marginal utility is zero", "average utility is zero", "total utility is zero", "marginal utility equals average utility", "marginal utility equals total utility" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 2 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 8, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 11, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0748 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Marginal analysis suggests that an individual will consume one additional unit of a good if the", "local_stem": "Marginal analysis suggests that an individual will consume one additional unit of a good if the", "web_options": [ "sunk cost can be recovered", "total benefit is less than the total cost", "total benefit is greater than the total cost", "additional benefit is less than the additional cost", "additional benefit is greater than the additional cost" ], "local_options": [ "sunk cost can be recovered", "total benefit is less than the total cost", "total benefit is greater than the total cost", "additional benefit is less than the additional cost", "additional benefit is greater than the additional cost\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to \"Calculate,\"\nyou must show how you arrived at your final answer.\nThe following is a table showing Dana’s marginal benefit from purchasing bottles of water and good X from a grocery\nstore.\nQuantity of\nWater(in bottles)\nMarginal Benefit of\nWater(in dollars)\nQuantity of Good\nX(in units)\nMarginal Benefit of Good\nX(in dollars)\n1\n24\n1\n24\n2\n18\n2\n18\n3\n12\n3\n12\n4\n6\n4\n6\n5\n3\n5\n3\n(a) What is Dana’s total benefit from purchasing 2 bottles of water and 1 unit of good X? Show your work.\n(b) Assume the price of a unit of good X is $5. Calculate the total consumer surplus if Dana purchases 3 units of good X.\nShow your work.\n(c) Now assume the price of a bottle of water is $3 and the price of a unit of good X is $6. Dana spends her entire budget\nof $30 on bottles of water and good X.\n(i) Explain why Dana does not maximize her benefit when she purchases 2 bottles of water and 4 units of good X. Use\nmarginal analysis to explain your answer.\n(ii) What are the optimal quantities of good X and bottles of water at these prices?\n(iii) Suppose the price of a unit of good X drops to $3. Calculate Dana’s cross-price elasticity of demand for bottles of\nwater with respect to the price of good X, and state whether the two goods are substitutes or complements. Show your\nwork." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 2 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 9, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 13, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "To maximize utility, a consumer with a fixed budget will purchase quantites of goods so that the ratios of the marginal utility of each good to its", "local_stem": "To maximize utility, a consumer with a fixed budget will purchase quantites of goods so that the ratios of the\nmarginal utility of each good to its", "web_options": [ "total utility are the greatest", "total utility are the same", "price are the greatest", "price are equal to one", "price are equal" ], "local_options": [ "total utility are the greatest", "total utility are the same", "price are the greatest", "price are equal to one", "price are equal" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 3 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 10, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 14, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the law of diminishing marginal utility, which of the following is true?", "local_stem": "According to the law of diminishing marginal utility, which of the following is true?", "web_options": [ "Total satisfaction decreases as more units of a good are consumed.", "The additional satisfaction received from consuming extra units of a good decreases as consumption of the good increases.", "The additional satisfaction received from consuming extra units of a good decreases as consumption of the good decreases.", "The additional satisfaction received from consuming extra units of a good increases as consumption of the good increases.", "When marginal utility is decreasing, total utility is decreasing." ], "local_options": [ "Total satisfaction decreases as more units of a good are consumed.", "The additional satisfaction received from consuming extra units of a good decreases as consumption of the\ngood increases.", "The additional satisfaction received from consuming extra units of a good decreases as consumption of the\ngood decreases.", "The additional satisfaction received from consuming extra units of a good increases as consumption of the\ngood increases.", "When marginal utility is decreasing, total utility is decreasing." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 3 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 11, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 15, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Using cost-benefit analysis, a local government would decide to build a new bridge if", "local_stem": "Using cost-benefit analysis, a local government would decide to build a new bridge if", "web_options": [ "The additional tax paid by an individual resident is greater than the additional benefit of building the bridge for all residents.", "The toll paid by an individual resident crossing the bridge is less than the resident’s benefit from crossing the bridge.", "The total costs of building the bridge are less than the total benefits from building the bridge.", "The total costs of building the bridge are greater than the total benefits from building the bridge.", "Total costs are at a minimum and total benefits are at a maximum." ], "local_options": [ "The additional tax paid by an individual resident is greater than the additional benefit of building the bridge\nfor all residents.", "The toll paid by an individual resident crossing the bridge is less than the resident’s benefit from crossing the\nbridge.", "The total costs of building the bridge are less than the total benefits from building the bridge.", "The total costs of building the bridge are greater than the total benefits from building the bridge.", "Total costs are at a minimum and total benefits are at a maximum." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 3 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 12, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 16, "local_page": 7, "stem_similarity": 0.875, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0015 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table provided shows the total benefits and costs of studying at the library. If the student is rational, the optimal number of hours to spend at the library is", "local_stem": "Hours at the Library\nTotal Benefit\nTotal Cost\nThe table provided shows the total benefits and costs of studying at the library. If the student is rational, the optimal\nnumber of hours to spend at the library is", "web_options": [ "2", "3", "4", "5", "6" ], "local_options": [ "", "", "", "", "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total benefit, in dollars, that Courtney derives from consuming two goods, Good F and candy\nbars.\nQuantity of Good F\nTotal Benefit of Good F\nQuantity of Candy Bars\nTotal Benefit of Candy Bars\n0\n$0\n0\n$0\n1\n$40\n1\n$80\n2\n$70\n2\n$120\n3\n$90\n3\n$140\n4\n$100\n4\n$152\n5\n$103\n5\n$156\n6\n$105\n6\n$156\nCourtney has a limited weekly income of $20, and she spends it all on Good F and candy bars. Assume the price of Good\nF is $2 per unit and the price of a candy bar is $4.\n(a) Identify the quantity of Good F and the quantity of candy bars that will maximize Courtney’s total benefit given her\nweekly income. Explain using marginal analysis.\n(b) Calculate Courtney’s consumer surplus from the fourth candy bar. Show your work.\n(c) If Courtney’s weekly income decreases from $20 to $18, would Courtney be able to buy 5 units of Good F and 2\ncandy bars? Explain using numbers.\n(d) Suppose that candy bars are produced in a perfectly competitive market and the price of sugar, an input to the\nproduction of candy bars, increases. If candy bars are a normal good, will the quantity of candy bars that will maximize\nCourtney’s total benefit increase, decrease, or stay the same? Explain.\n(e) Suppose instead that the price of Good F increases by 9% and Courtney buys 6% less of Good F and 3% less of Good\nW. Based on this change, identify whether Good F and Good W are substitutes, complements, or not related. Explain\nusing numbers." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/72123569346113509984.png" ], "answer": "B", "download_pdf_page": 3 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 13, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 18, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose that a consumer purchases two goods X and Y and that the marginal utility of X is MU x , the total utility of X is TU x , the marginal utility of Y is MU y , and the total utility of Y is TU y . If the prices of X and Y are P x and P y , respectively, which of the following expressions defines consumer equilibrium?", "local_stem": "Suppose that a consumer purchases two goods X and Y and that the marginal utility of X is MUx, the total utility of\nX is TUx, the marginal utility of Y is MUy, and the total utility of Y is TUy. If the prices of X and Y are Px and Py,\nrespectively, which of the following expressions defines consumer equilibrium?", "web_options": [ "TU x = TU y", "MU x = MU y", "TU x /P x = TU y /P y", "MU x /P x = MU y /P y", "(MU x )(P x ) + (MU y )(P y ) = 1" ], "local_options": [ "TUx = TUy", "MUx = MUy", "TUx/Px = TUy/Py", "MUx/Px = MUy/Py", "(MUx)(Px) + (MUy)(Py) = 1" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 4 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 14, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 19, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The opportunity cost of owning a business is equal to which of the following? I. The economic profits earned in the business II. The accounting profits earned in the business III. The profits that could be earned in another business using the same amount of resources", "local_stem": "The opportunity cost of owning a business is equal to which of the following?\nI. The economic profits earned in the business\nII. The accounting profits earned in the business\nIII. The profits that could be earned in another business using the same amount of resources", "web_options": [ "I only", "II only", "III only", "I and III only", "I, II, and III" ], "local_options": [ "I only", "II only", "III only", "I and III only", "I, II, and III" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 4 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 15, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 20, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best describes how a consumer maximizes total utility from the consumption of a bundle of goods and services?", "local_stem": "Which of the following best describes how a consumer maximizes total utility from the consumption of a bundle of\ngoods and services?", "web_options": [ "By choosing the quantity of each good such that the quantity demanded of each good is equal to the quantity supplied", "By choosing the quantity of each good such that the marginal utility from each good is equal to zero", "By choosing the quantity of each good such that the price is equal to the marginal revenue", "By choosing the level of output where marginal revenue is equal to marginal cost", "By choosing the combination of goods such that the marginal utility per dollar spent on the last unit of each good is equal" ], "local_options": [ "By choosing the quantity of each good such that the quantity demanded of each good is equal to the quantity\nsupplied", "By choosing the quantity of each good such that the marginal utility from each good is equal to zero", "By choosing the quantity of each good such that the price is equal to the marginal revenue", "By choosing the level of output where marginal revenue is equal to marginal cost", "By choosing the combination of goods such that the marginal utility per dollar spent on the last unit of each\ngood is equal" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 4 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 16, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 21, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best defines opportunity cost?", "local_stem": "Which of the following best defines opportunity cost?", "web_options": [ "It is the cost of producing those goods most desired by a given economy.", "It is the cost of the input mix that will lead to the greatest rate of growth for a given company.", "It is the amount of one product that must be given up in order to produce an additional unit of another product.", "It is the use of the least-cost method of production.", "It is the cost of labor used in the production process." ], "local_options": [ "It is the cost of producing those goods most desired by a given economy.", "It is the cost of the input mix that will lead to the greatest rate of growth for a given company.", "It is the amount of one product that must be given up in order to produce an additional unit of another\nproduct.", "It is the use of the least-cost method of production.", "It is the cost of labor used in the production process." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 4 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 17, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 22, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "At her current level of consumption, a consumer is willing to pay up to $1.50 for a bottle of water and up to $1,500 for a diamond ring because the", "local_stem": "At her current level of consumption, a consumer is willing to pay up to $1.50 for a bottle of water and up to $1,500\nfor a diamond ring because the", "web_options": [ "total utility of diamond rings is greater than the total utility of water", "total utility of water is less than the marginal utility of a diamond ring", "marginal utility of a bottle of water is less than the marginal utility of a diamond ring", "marginal utility of a bottle of water is greater than the marginal utility of a diamond ring", "consumer is irrational and does not understand that water is more important than a diamond" ], "local_options": [ "total utility of diamond rings is greater than the total utility of water", "total utility of water is less than the marginal utility of a diamond ring", "marginal utility of a bottle of water is less than the marginal utility of a diamond ring", "marginal utility of a bottle of water is greater than the marginal utility of a diamond ring", "consumer is irrational and does not understand that water is more important than a diamond" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 18, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 23, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In a given time period, a person consumes more and more of a good or service and, as a result, enjoys each additional unit less and is willing to pay less for each additional unit. This behavior is consistent with the law of", "local_stem": "In a given time period, a person consumes more and more of a good or service and, as a result, enjoys each\nadditional unit less and is willing to pay less for each additional unit. This behavior is consistent with the law of", "web_options": [ "diminishing returns", "diminishing marginal product", "diminishing marginal utility", "increasing costs", "scarce resources" ], "local_options": [ "diminishing returns", "diminishing marginal product", "diminishing marginal utility", "increasing costs", "scarce resources" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 19, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 24, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Garcia is currently spending his entire lunch budget on 3 sodas and 4 hot dogs. At his current level of consumption, Garcia’s marginal utility for sodas is 5 utils and his marginal utility for hot dogs is 10 utils. In order to maximize his total utility, Garcia should", "local_stem": "Garcia is currently spending his entire lunch budget on 3 sodas and 4 hot dogs. At his current level of consumption,\nGarcia’s marginal utility for sodas is 5 utils and his marginal utility for hot dogs is 10 utils. In order to maximize his\ntotal utility, Garcia should", "web_options": [ "consume more sodas and fewer hot dogs regardless of the prices", "consume more hot dogs and fewer sodas regardless of the prices", "maintain his current level of consumption of sodas and hot dogs regardless of the prices", "maintain his current level of consumption if the price of a soda is $1 and the price of a hot dog is $2", "maintain his current level of consumption if the price of a soda is $2 and the price of a hot dog is $1" ], "local_options": [ "consume more sodas and fewer hot dogs regardless of the prices", "consume more hot dogs and fewer sodas regardless of the prices", "maintain his current level of consumption of sodas and hot dogs regardless of the prices", "maintain his current level of consumption if the price of a soda is $1 and the price of a hot dog is $2", "maintain his current level of consumption if the price of a soda is $2 and the price of a hot dog is $1" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 5 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 20, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 25, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume a consumer is spending all her income on two goods: X and Y. At the current consumption combination of the two goods, if the marginal utility per dollar spent on the last unit of good X exceeds that of the marginal utility per dollar spent on the last unit of good Y, what should the consumer do to maximize utility?", "local_stem": "Assume a consumer is spending all her income on two goods: X and Y. At the current consumption combination of\nthe two goods, if the marginal utility per dollar spent on the last unit of good X exceeds that of the marginal utility\nper dollar spent on the last unit of good Y, what should the consumer do to maximize utility?", "web_options": [ "Purchase more units of X and more units of Y.", "Decrease the price of good X.", "Purchase more units of X and less units of Y.", "Increase income to buy more of both good Y and good X.", "Nothing; utility is maximized at current consumption bundles." ], "local_options": [ "Purchase more units of X and more units of Y.", "Decrease the price of good X.", "Purchase more units of X and less units of Y.", "Increase income to buy more of both good Y and good X.", "Nothing; utility is maximized at current consumption bundles." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 21, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 26, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An opportunity cost is entailed in which of the following situations? I. A student decides to attend college full-time. II. A family uses its $20,000 savings to purchase an automobile. III. A farmer decides to grow more wheat and less corn.", "local_stem": "An opportunity cost is entailed in which of the following situations?\nI. A student decides to attend college full-time.\nII. A family uses its $20,000 savings to purchase an automobile.\nIII. A farmer decides to grow more wheat and less corn.", "web_options": [ "I only", "II only", "III only", "I and III only", "I, II, and III" ], "local_options": [ "I only", "II only", "III only", "I and III only", "I, II, and III" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 6 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 22, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 27, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that a consumer spends all her income on the purchase of two goods. If the consumer’s income doubles and the prices of the two goods also double, the quantity of the two goods purchased will", "local_stem": "Assume that a consumer spends all her income on the purchase of two goods. If the consumer’s income doubles and\nthe prices of the two goods also double, the quantity of the two goods purchased will", "web_options": [ "also double", "more than double", "increase, but it will be less than double", "not change", "depend on the slope of the demand curve" ], "local_options": [ "also double", "more than double", "increase, but it will be less than double", "not change", "depend on the slope of the demand curve" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 6 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 23, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 28, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Jane spends all her weekly allowance to buy only two goods: soda and apples. According to the table above, if her preferences are characterized by the law of diminishing marginal utility, then which of the following statements is correct?", "local_stem": "Jane spends all her weekly allowance to buy only two goods: soda and apples. According to the table above, if her\npreferences are characterized by the law of diminishing marginal utility, then which of the following statements is\ncorrect?", "web_options": [ "Jane is maximizing her utility.", "Jane can buy more apples and less soda to maximize her utility.", "Jane can buy more soda and fewer apples to maximize her utility.", "Jane can buy more apples and the same amount of soda to maximize her utility.", "Jane can buy more soda and the same amount of apples to maximize her utility." ], "local_options": [ "Jane is maximizing her utility.", "Jane can buy more apples and less soda to maximize her utility.", "Jane can buy more soda and fewer apples to maximize her utility.", "Jane can buy more apples and the same amount of soda to maximize her utility.", "Jane can buy more soda and the same amount of apples to maximize her utility." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/07233111340346251745.png" ], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 24, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 29, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that Clark spends his entire income on the purchase of two goods, X and Y. If his income and the prices of good X and Y all double, Clark will", "local_stem": "Assume that Clark spends his entire income on the purchase of two goods, X and Y. If his income and the prices of\ngood X and Y all double, Clark will", "web_options": [ "double the purchase of goods X and Y", "buy more of good X and less of good Y", "buy less of good X and more of good Y", "buy less of both goods X and Y", "buy the same amounts of goods X and Y" ], "local_options": [ "double the purchase of goods X and Y", "buy more of good X and less of good Y", "buy less of good X and more of good Y", "buy less of both goods X and Y", "buy the same amounts of goods X and Y" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 6 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 25, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 30, "local_page": 12, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0995 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The following chart shows the total utility that Juan receives from consuming various amounts of chocolate candy bars each day. Which of the following statements about Juan's marginal utility is correct?", "local_stem": "The following chart shows the total utility that Juan receives from consuming various amounts of chocolate candy\nbars each day.\nWhich of the following statements about Juan's marginal utility is correct?", "web_options": [ "His marginal utility from the first candy bar is greater than his marginal utility from the second candy bar.", "His marginal utility from the fourth candy bar is greater than his marginal utility from the third candy bar.", "His marginal utility increases at a constant rate.", "He first experiences diminishing marginal utility with the consumption of the fifth candy bar.", "His greatest marginal utility comes from his consumption of the fourth candy bar." ], "local_options": [ "His marginal utility from the first candy bar is greater than his marginal utility from the second candy bar.", "His marginal utility from the fourth candy bar is greater than his marginal utility from the third candy bar.", "His marginal utility increases at a constant rate.", "He first experiences diminishing marginal utility with the consumption of the fifth candy bar.", "His greatest marginal utility comes from his consumption of the fourth candy bar.\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the marginal benefit, in dollars, that Kareem derives from consuming two goods, Good X and\ncereal.\nQuantity of Good X\nMarginal Benefit of Good X\nQuantity of Cereal\nMarginal Benefit of Cereal\n1\n$18\n1\n$32\n2\n$16\n2\n$28\n3\n$12\n3\n$24\n4\n$6\n4\n$20\n5\n$2\n5\n$16\n6\n$0\n6\n$12\nKareem has a limited weekly income of $18, and he spends it all on Good X and cereal. Assume the price of Good X is $2\nper unit and the price of cereal is $4 per unit.\n(a) Given his weekly income, would Kareem be able to buy 3 units of Good X and 5 units of cereal? Explain using\nnumbers.\n(b) Calculate the total consumer surplus from Good X if Kareem consumes 4 units of Good X. Show your work.\n(c) Identify the quantity of Good X and the quantity of cereal that will maximize Kareem’s total benefit given his weekly\nincome. Explain using marginal analysis.\n(d) Assume Good X is produced in a perfectly competitive market and that there is a decrease in the number of consumers\nin the market for Good X.\n(i) Will the quantity of Good X that will maximize Kareem’s total benefit increase, decrease, or stay the same? Explain.\n(ii) Would Kareem’s total consumer surplus from Good X if he consumes 4 units of Good X increase, decrease, or stay\nthe same compared to your answer in part (b) ? Explain." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/08005905138895935798.png" ], "answer": "A", "download_pdf_page": 7 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 26, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 34, "local_page": 16, "stem_similarity": 0.8989, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table below shows the per-unit prices and marginal utility for the last unit of video games and comic books that Kyle purchased. Kyle spent all of his allocated budget on video games and comic books. To maximize his utility, Kyle should have purchased", "local_stem": "The table below shows the per-unit prices and marginal utility for the last unit of video games and comic books that\nKyle purchased.\nVideo Games\nComic Books\nPrice per unit\nMarginal utility\nKyle spent all of his allocated budget on video games and comic books. To maximize his utility, Kyle should have\npurchased", "web_options": [ "more video games and fewer comic books", "fewer video games and more comic books", "fewer of both goods", "equal amounts of both goods", "more of both goods" ], "local_options": [ "more video games and fewer comic books", "fewer video games and more comic books", "fewer of both goods", "equal amounts of both goods", "more of both goods" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/87334317073352848077.png" ], "answer": "B", "download_pdf_page": 7 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 27, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 35, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 0.9868, 0.9859, 0.9821, 0.9783, 0.267 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The graph above shows the marginal benefit that a student receives from additional hours of study, and the marginal cost the student will incur from additional hours of study. Which of the following is true?", "local_stem": "The graph above shows the marginal benefit that a student receives from additional hours of study, and the marginal\ncost the student will incur from additional hours of study. Which of the following is true?", "web_options": [ "Beyond S 0 hours of study, there is no further benefit from devoting additional hours to study.", "At S 1 hours of study, the extra cost of study time exceeds the extra benefit of study time.", "The optimal number of hours that the student should study is S 0 hours.", "The rational individual should study more than S 0 hours.", "The marginal cost of studying decreases as more time is spent studying." ], "local_options": [ "Beyond\nhours of study, there is no further benefit from devoting additional hours to study.", "At\nhours of study, the extra cost of study time exceeds the extra benefit of study time.", "The optimal number of hours that the student should study is\nhours.", "The rational individual should study more than\nhours.", "The marginal cost of studying decreases as more time is spent studying.\nMarginal analysis is essential to microeconomics decision making. Discuss how marginal analysis is used in each of the\nfollowing cases.\na. To derive the supply curve for a perfectly competitive firm\nb. To identify the least-cost combination of capital and labor used to produce a given level of output.\nc. To regulate an industry that produces a product that generates negative externalities" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/37360160277455577553.png" ], "answer": "C", "download_pdf_page": 8 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 28, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 40, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An art student spends all of her income on pencils and drawing pads. The student currently buys 30 pencils at $1 each and 10 pads at $5 each. If the marginal utility of the 30th pencil is 100 utils and the marginal utility of the 10th pad is 400 utils, to maximize utility the student should change her purchases of pencils and pads in which of the following ways?", "local_stem": "An art student spends all of her income on pencils and drawing pads. The student currently buys 30 pencils at $1\neach and 10 pads at $5 each. If the marginal utility of the 30th pencil is 100 utils and the marginal utility of the 10th\npad is 400 utils, to maximize utility the student should change her purchases of pencils and pads in which of the\nfollowing ways?", "web_options": [ "Pencils Pads Not change Buy more", "Pencils Pads Buy more Buy more", "Pencils Pads Buy more Buy less", "Pencils Pads Buy less Buy more", "Pencils Pads Buy less Buy less" ], "local_options": [ "Pencils\nPads\nNot change\nBuy more", "Pencils\nPads\nBuy more\nBuy more", "Pencils\nPads\nBuy more\nBuy less", "Pencils\nPads\nBuy less\nBuy more", "Pencils\nPads\nBuy less\nBuy less" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 8 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 29, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 41, "local_page": 21, "stem_similarity": 0.9843, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume that Larry spends his entire allowance on the purchase of pretzels and ice-cream cones. The price of a bag of pretzels is $1, and the price of an ice-cream cone is $2. At his current consumption combination, the marginal utility of pretzels is 20 and of ice-cream cones is 60. To maximize his utility, Larry should", "local_stem": "Assume that Larry spends his entire allowance on the purchase of pretzels and ice-cream cones. The price of a bag\nof pretzels is\n, and the price of an ice-cream cone is\n. At his current consumption combination, the marginal\nutility of pretzels is\nand of ice-cream cones is\n. To maximize his utility, Larry should", "web_options": [ "buy more of both goods", "buy less of both goods", "buy more pretzels and fewer ice-cream cones", "buy fewer pretzels and more ice-cream cones", "maintain his current consumption level" ], "local_options": [ "buy more of both goods", "buy less of both goods", "buy more pretzels and fewer ice-cream cones", "buy fewer pretzels and more ice-cream cones", "maintain his current consumption level" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 9 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 30, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 42, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Mickey has a $20 gift card that she is planning to use to download 10 songs and 5 games. The download price for each song is $1 and the download price for each game is $2. Her marginal utility from the tenth song is 30, and her marginal utility from the fifth game is 70. Based on this information, which of the following statements is true?", "local_stem": "Mickey has a $20 gift card that she is planning to use to download 10 songs and 5 games. The download price for\neach song is $1 and the download price for each game is $2. Her marginal utility from the tenth song is 30, and her\nmarginal utility from the fifth game is 70. Based on this information, which of the following statements is true?", "web_options": [ "Mickey’s plan will maximize her utility.", "Mickey can increase utility by buying more songs and fewer games.", "Mickey can increase utility by buying more games and fewer songs.", "Since games are twice as expensive as songs, Mickey should buy twice as many songs.", "Since games are twice as expensive as songs, Mickey should buy twice as many games." ], "local_options": [ "Mickey’s plan will maximize her utility.", "Mickey can increase utility by buying more songs and fewer games.", "Mickey can increase utility by buying more games and fewer songs.", "Since games are twice as expensive as songs, Mickey should buy twice as many songs.", "Since games are twice as expensive as songs, Mickey should buy twice as many games." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 9 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 31, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 43, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Mr. Carpenter devotes his working time to producing tables and chairs. An increase in the demand for chairs will result in", "local_stem": "Mr. Carpenter devotes his working time to producing tables and chairs. An increase in the demand for chairs will\nresult in", "web_options": [ "an increase in the amount of time he devotes to producing tables", "an increase in his opportunity cost of producing tables", "a decrease in the price of lumber", "a decrease in the price of chairs", "a decrease in his total revenue" ], "local_options": [ "an increase in the amount of time he devotes to producing tables", "an increase in his opportunity cost of producing tables", "a decrease in the price of lumber", "a decrease in the price of chairs", "a decrease in his total revenue" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 9 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 32, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 44, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "When marginal utility is falling but positive, total utility will", "local_stem": "When marginal utility is falling but positive, total utility will", "web_options": [ "decrease at an increasing rate", "decrease at a decreasing rate", "remain constant", "increase at an increasing rate", "increase at a decreasing rate" ], "local_options": [ "decrease at an increasing rate", "decrease at a decreasing rate", "remain constant", "increase at an increasing rate", "increase at a decreasing rate" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 9 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 33, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 45, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the theory of consumer behavior, which of the following decreases first as additional units of a product are consumed?", "local_stem": "According to the theory of consumer behavior, which of the following decreases first as additional units of a\nproduct are consumed?", "web_options": [ "Total utility", "Average utility", "Marginal utility", "Marginal physical product", "Total physical product" ], "local_options": [ "Total utility", "Average utility", "Marginal utility", "Marginal physical product", "Total physical product" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 10 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 34, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 46, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0165 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The information below shows the marginal utilities a student receives from the consumption of pizza and pens. Assume that the marginal utility of each good is independent of the quantity of the other good consumed. If the student purchases 2 units of pizza and 2 units of pens, the student’s total utility will be", "local_stem": "The information below shows the marginal utilities a student receives from the consumption of pizza and\npens. Assume that the marginal utility of each good is independent of the quantity of the other good\nconsumed.\nIf the student purchases 2 units of pizza and 2 units of pens, the student’s total utility will be", "web_options": [ "4 utils", "25 utils", "28 utils", "50 utils", "53 utils" ], "local_options": [ "4 utils", "25 utils", "28 utils", "50 utils", "53 utils\nNirali is a student at the University of Ainsley. She has 5 hours to study for two exams today. The tables below show\nNirali’s expected scores given the amount of time she studies for each exam.\na. Nirali spends 3 hours studying microeconomics and 2 hours studying history. Calculate her gain from the second\nhour spent studying history.\nb. Calculate Nirali’s opportunity cost of the second hour spent studying history.\nc. Assume Nirali increases the time she allocates to studying history. What happens to the opportunity cost of\nstudying history? Explain.\nd. Assume that Nirali has a goal of maximizing the sum of her test scores (the score on microeconomics plus the\nscore on history). How many hours should she study for each exam?\ne. Nirali learns that her tennis practice has been canceled, freeing up an additional hour for studying. Given your\nanswer to part (d), will Nirali allocate the additional hour to studying microeconomics or to studying history to\nmaximize the sum of her test scores? Explain using marginal analysis." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/59295701227276098236.png" ], "answer": "E", "download_pdf_page": 10 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 35, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 48, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Opportunity cost is defined as", "local_stem": "Opportunity cost is defined as", "web_options": [ "excess demand for a good", "unlimited resources and unlimited wants", "a comparative advantage in the production of a good", "the value of the next best alternative that is forgone when an activity is pursued", "the value of all other possible alternatives that are forgone when an activity is pursued" ], "local_options": [ "excess demand for a good", "unlimited resources and unlimited wants", "a comparative advantage in the production of a good", "the value of the next best alternative that is forgone when an activity is pursued", "the value of all other possible alternatives that are forgone when an activity is pursued" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 10 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 36, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 49, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "After graduating from high school, Maria chose to go to college, while Omar chose to work full- time. Which of the following best describes the opportunity costs for these decisions?", "local_stem": "After graduating from high school, Maria chose to go to college, while Omar chose to work full- time. Which of the\nfollowing best describes the opportunity costs for these decisions?", "web_options": [ "Maria’s opportunity cost includes the salary she could have earned if she had gone to work.", "Maria’s opportunity cost is her living expenses while attending college.", "Omar’s opportunity cost is the salary he will earn from working.", "Omar’s opportunity cost is the tuition and expenses he would have paid for college.", "Omar’s opportunity cost is definitely greater than Maria’s." ], "local_options": [ "Maria’s opportunity cost includes the salary she could have earned if she had gone to work.", "Maria’s opportunity cost is her living expenses while attending college.", "Omar’s opportunity cost is the salary he will earn from working.", "Omar’s opportunity cost is the tuition and expenses he would have paid for college.", "Omar’s opportunity cost is definitely greater than Maria’s." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 10 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 37, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 50, "local_page": 24, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Oscar spent his entire income on only two goods: good X and good Y. At his current consumption of the two goods, the marginal utility of X is 8 and the marginal utility of Y is 2. If the price of X is $4.00 and the price of Y is $0.50, then to maximize his total utility, Oscar should have", "local_stem": "Oscar spent his entire income on only two goods: good X and good Y. At his current consumption of the two goods,\nthe marginal utility of X is 8 and the marginal utility of Y is 2. If the price of X is $4.00 and the price of Y is $0.50,\nthen to maximize his total utility, Oscar should have", "web_options": [ "bought more X and more Y", "bought more X and less Y", "bought less X and more Y", "bought less X and less Y", "maintained his current consumption" ], "local_options": [ "bought more X and more Y", "bought more X and less Y", "bought less X and more Y", "bought less X and less Y", "maintained his current consumption" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 11 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 38, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 51, "local_page": 24, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0556 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume Pat spends all of her allowance to purchase 4 apples and 4 candy bars. Pat’s marginal utility of the fourth apple is 20 utils, and her marginal utility of the fourth candy bar is 40 utils. If an apple costs $1.00 and a candy bar $0.50, to maximize utility Pat should", "local_stem": "Assume Pat spends all of her allowance to purchase 4 apples and 4 candy bars. Pat’s marginal utility of the fourth\napple is 20 utils, and her marginal utility of the fourth candy bar is 40 utils. If an apple costs $1.00 and a candy bar\n$0.50, to maximize utility Pat should", "web_options": [ "purchase more apples and more candy bars", "maintain the current purchase of 4 apples and 4 candy bars", "purchase more apples and fewer candy bars", "purchase fewer apples and more candy bars", "purchase fewer apples and fewer candy bars" ], "local_options": [ "purchase more apples and more candy bars", "maintain the current purchase of 4 apples and 4 candy bars", "purchase more apples and fewer candy bars", "purchase fewer apples and more candy bars", "purchase fewer apples and fewer candy bars\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the marginal benefit, in dollars, that Patrick derives from consuming two goods, apples and Good\nB.\nQuantity of Apples\nMarginal Benefit of Apples\nQuantity of Good B\nMarginal Benefit of Good B\n1\n$14\n1\n$36\n2\n$6\n2\n$28\n3\n$4\n3\n$20\n4\n$3\n4\n$12\n5\n$1\n5\n$2\n6\n$0\n6\n$0\nPatrick has a limited weekly income of $30, and he spends it all on apples and Good B. Assume the price of each apple is\n$2 and the price of Good B is $4 per unit.\n(a) Calculate the total consumer surplus from Good B if Patrick consumes 2 units of Good B. Show your work.\n(b) Given his weekly income, would Patrick be able to buy 2 apples and 3 units of Good B? Explain using numbers.\n(c) Identify the quantity of apples and the quantity of Good B that will maximize Patrick’s total benefit given his weekly\nincome. Explain using marginal analysis.\n(d) Assume Good B is produced in a perfectly competitive market and that there is a decrease in the number of consumers\nin the market for Good B.\n(i) Would Patrick’s total consumer surplus from Good B if he consumes 2 units of Good B increase, decrease, or stay the\nsame compared to your answer in part (a) ? Explain.\n(ii) Will the quantity of Good B that will maximize Patrick’s total benefit increase, decrease, or stay the same? Explain." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 11 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 39, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 53, "local_page": 25, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "After graduating from high school, Peggy Smith decided to enroll in a two-year program at the local community college rather than to accept a job that offered a salary of $12,000 per year. If the annual tuition and fees are $4,600, the annual opportunity cost of attending the community college is", "local_stem": "After graduating from high school, Peggy Smith decided to enroll in a two-year program at the local community\ncollege rather than to accept a job that offered a salary of $12,000 per year. If the annual tuition and fees are $4,600,\nthe annual opportunity cost of attending the community college is", "web_options": [ "$4,600", "$7,400", "$12,000", "$16,600", "$24,000" ], "local_options": [ "$4,600", "$7,400", "$12,000", "$16,600", "$24,000" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 11 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 40, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 54, "local_page": 26, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0474 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The diagram above shows Sally’s utility function for chocolate. Her utility function illustrates the principle of", "local_stem": "The diagram above shows Sally’s utility function for chocolate. Her utility function illustrates the principle of", "web_options": [ "trade-offs when making choices", "diminishing marginal utility", "income and substitution effects", "increasing opportunity cost", "constrained utility maximization" ], "local_options": [ "trade-offs when making choices", "diminishing marginal utility", "income and substitution effects", "increasing opportunity cost", "constrained utility maximization\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the marginal benefit, in dollars, that Sam derives from consuming two goods, Good C and candles.\nQuantity of Good C\nMarginal Benefit of Good C\nQuantity of Candles\nMarginal Benefit of Candles\n1\n$20\n1\n$30\n2\n$16\n2\n$27\n3\n$12\n3\n$24\n4\n$8\n4\n$21\n5\n$6\n5\n$18\n6\n$4\n6\n$12\nSam has a limited weekly income of $21, and he spends it all on Good C and candles. Assume the price of Good C is $2\nper unit and the price of each candle is $3.\n(a) Given his weekly income, would Sam be able to buy 3 units of Good C and 3 candles? Explain using numbers.\n(b) Calculate the total consumer surplus from Good C if Sam consumes 6 units of Good C. Show your work.\n(c) Identify the quantity of Good C and the quantity of candles that will maximize Sam’s total benefit given his weekly\nincome. Explain using marginal analysis.\n(d) Assume Good C is produced in a perfectly competitive market and that there is a decrease in the number of consumers\nin the market for Good C.\n(i) Will the quantity of Good C that will maximize Sam’s total benefit increase, decrease, or stay the same? Explain.\n(ii) Would Sam’s total consumer surplus from Good C if he consumes 6 units of Good C increase, decrease, or stay the\nsame compared to your answer in part (b) ? Explain." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/68717840938109599199.png" ], "answer": "B", "download_pdf_page": 11 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 41, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 56, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume a worker can either cut grass or wash windows in a given day. It takes 5 hours to mow a one-acre lawn and 2.5 hours to wash all the windows in a house. When a worker chooses to wash the windows of four houses in a neighborhood, what is the opportunity cost of this decision?", "local_stem": "Assume a worker can either cut grass or wash windows in a given day. It takes 5 hours to mow a one-acre lawn and\n2.5 hours to wash all the windows in a house. When a worker chooses to wash the windows of four houses in a\nneighborhood, what is the opportunity cost of this decision?", "web_options": [ "The pay the worker receives for washing the windows in the four houses", "The pay the worker would receive for cutting one lawn", "Cutting the grass at the same four houses", "The pay the worker would have received from cutting the grass at two houses", "The pay the worker would receive for cutting .25 lawns" ], "local_options": [ "The pay the worker receives for washing the windows in the four houses", "The pay the worker would receive for cutting one lawn", "Cutting the grass at the same four houses", "The pay the worker would have received from cutting the grass at two houses", "The pay the worker would receive for cutting .25 lawns" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 12 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 42, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 57, "local_page": 28, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0407 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The amount of product Z that must be forgone in order to obtain some amount of product Y is called", "local_stem": "The amount of product Z that must be forgone in order to obtain some amount of product Y is called", "web_options": [ "factor payments", "opportunity cost", "marginal product", "income effect", "substitution effect" ], "local_options": [ "factor payments", "opportunity cost", "marginal product", "income effect", "substitution effect\nTheresa consumes both bagels and toy cars.\na. The table above shows Theresa's marginal utility from bagels and toy cars.\ni. What is her total utility from purchasing three toy cars?\nii. Theresa's weekly income is $11, price of a bagel is $2, and the price of a toy car is $1. What quantity of\nbagels and toy cars will maximize Theresa's utility if she spends her entire weekly income on bagels and\ntoy cars? Explain your answer using marginal analysis.\nb. Assume that the price of wheat, an input for the production of bagels, increases. Will Theresa's demand for\nbagels increase, decrease, or not change? Explain.\nc. Suppose that Theresa's income elasticity for bagels is -0.2.Does the value of Theresa's income elasticity indicate\nthat bagels are normal goods, inferior goods, substitutes, or complements?\nd. Suppose that when the price of toy cars increases by 10 percent, Theresa buys 5 percent fewer toy cars and 4\npercent less of a different toy, blocks. Calculate the cross-price elasticity for toy cars and blocks and indicate if it\nis positive or negative." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 12 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 43, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 61, "local_page": 30, "stem_similarity": 0.6446, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0605 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table above shows the costs and benefits for new construction projects the government is considering. Based on these costs and benefits, which of the construction projects should the government undertake?", "local_stem": "Project\nTotal Costs(in millions)\nTotal Benefits(in millions)\nWidening existing highways\n$100\n$80\nBuilding new highways\n$100\n$90\nBuilding a new bridge\n$100\n$140\nBuilding a new tunnel\n$100\n$115\nExpanding an existing airport\n$100\n$130\nThe table above shows the costs and benefits for new construction projects the government is considering. Based on\nthese costs and benefits, which of the construction projects should the government undertake?", "web_options": [ "Widening existing highways", "Building new highways", "Building a new bridge", "Building a new tunnel", "Expanding an existing airport" ], "local_options": [ "Widening existing highways", "Building new highways", "Building a new bridge", "Building a new tunnel", "Expanding an existing airport\nThe table below shows total utility in utils that a utility-maximizing consumer receives from consuming two goods: apples\nand oranges.\nAssume that apples cost $1 each, oranges cost $2 each, and the consumer spends the entire income of $7 on apples and\noranges.\na. Using the concept of marginal utility per dollar spent, identify the combination of apples and oranges the\nconsumer will purchase. Explain your reasoning.\nb. With the prices of apples and oranges remaining constant, assume that the consumer’s income increases to $12.\nIdentify each of the following.\ni. The combination of apples and oranges the consumer will now purchase\nii. The total utility the consumer will receive from consuming the combination in (i)\nc. With income remaining at $12, assume the price of oranges increases to $4 each. Identify each of the following.\ni. The combination of apples and oranges the consumer will now purchase\nii. The total utility the consumer will receive from consuming the combination in (i)" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/58782141620929101159.png" ], "answer": "C", "download_pdf_page": 12 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 44, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 63, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "When total utility is at its maximum, marginal utility is", "local_stem": "When total utility is at its maximum, marginal utility is", "web_options": [ "increasing", "negative", "equal to zero", "at a maximum", "at minimum" ], "local_options": [ "increasing", "negative", "equal to zero", "at a maximum", "at minimum" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 13 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 45, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 64, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is a key assumption of consumer choice theory?", "local_stem": "Which of the following is a key assumption of consumer choice theory?", "web_options": [ "Consumers buy goods as long as implicit costs are greater than explicit costs.", "Consumers maximize their utility.", "As income rises, consumers buy more of all goods.", "Marginal utility is always increasing.", "As more inputs are used, consumers get less and less additional output." ], "local_options": [ "Consumers buy goods as long as implicit costs are greater than explicit costs.", "Consumers maximize their utility.", "As income rises, consumers buy more of all goods.", "Marginal utility is always increasing.", "As more inputs are used, consumers get less and less additional output." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 13 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 46, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 65, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 0.9922, 0.9915, 0.9936, 0.9922, 0.1279 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Josephine is buying candy and gum. If she is maximizing her utility for the combination of candy and gum she buys, which of the following must hold?", "local_stem": "Josephine is buying candy and gum. If she is maximizing her utility for the combination of candy and gum she\nbuys, which of the following must hold?", "web_options": [ "Marginal utility of candy ÷ price of candy = marginal utility of gum ÷ price of gum", "Total utility of candy price ÷ of candy = total utility of gum ÷ price of gum", "Marginal utility of candy ÷ total utility of candy = marginal utility of gum ÷ total utility of gum", "Marginal utility of candy × price of candy = marginal utility of gum × price of gum", "Total utility of candy × price of candy = total utility of gum × price of gum" ], "local_options": [ "Marginal utility of candy\nprice of candy\nmarginal utility of gum\nprice of gum", "Total utility of candy\nprice of candy\ntotal utility of gum\nprice of gum", "Marginal utility of candy\ntotal utility of candy\nmarginal utility of gum\ntotal utility of gum", "Marginal utility of candy\nprice of candy\nmarginal utility of gum\nprice of gum", "Total utility of candy\nprice of candy\ntotal utility of gum\nprice of gum\nUtility maximization is a fundamental assumption in consumer theory.\na. Explain what is meant by diminishing marginal utility.\nb. Assume that a consumer buys only two goods:X and Y. What is the utility-maximizing decision rule for the\nconsumer in allocating total income to good X and good Y?\nc. Assume that a utility- maximizing consumer is spending all of her income on the two goods, X and Y. The price\nper unit of good X is $2, and the price per unit of good Y is $3. The marginal utility of the last unit of good Y\nconsumed is 15. What is the marginal utility of the last unit of good X consumed?\nd. Assume that good X is a normal good and good Y is an inferior good. Assume that the consumer's income does\nnot change. Assume that the price of good X increases.\ni. Indicate how the substitution effect of the increase in the price of good X will affect purchases of\n1. good X\n2. good Y\nii. Indicate how the income effect of the increase in the price of good X will affect purchases of\n1. good X\n2. good Y" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 13 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 47, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 67, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the total benefit Tony gets from eating different quantities of apples. If apples cost $3 each, how many should he buy to maximize his consumer surplus?", "local_stem": "The table above shows the total benefit Tony gets from eating different quantities of apples. If apples cost $3 each,\nhow many should he buy to maximize his consumer surplus?", "web_options": [ "1", "2", "3", "4", "5" ], "local_options": [ "1", "2", "3", "4", "5" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/59596420041335902559.png" ], "answer": "D", "download_pdf_page": 13 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 48, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 68, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume the price of a candy bar is $2 and the price of a bag of chips is $3. Assume Lilly’s marginal utility from consuming an additional candy bar is 10 utils and her marginal utility from consuming an additional bag of chips is 12 utils. If Lilly is spending her fixed weekly allowance on candy bars and bags of chips, which of the following actions will maximize Lilly’s total utility?", "local_stem": "Assume the price of a candy bar is $2 and the price of a bag of chips is $3. Assume Lilly’s marginal utility from\nconsuming an additional candy bar is 10 utils and her marginal utility from consuming an additional bag of chips is\n12 utils. If Lilly is spending her fixed weekly allowance on candy bars and bags of chips, which of the following\nactions will maximize Lilly’s total utility?", "web_options": [ "Buying more candy bars and bags of chips", "Buying more candy bars and fewer bags of chips", "Buying fewer candy bars and more bags of chips", "Buying fewer candy bars and bags of chips", "Buying the same number of candy bars and bags of chips" ], "local_options": [ "Buying more candy bars and bags of chips", "Buying more candy bars and fewer bags of chips", "Buying fewer candy bars and more bags of chips", "Buying fewer candy bars and bags of chips", "Buying the same number of candy bars and bags of chips" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 14 }, { "bank_id": "77", "bank": "Unit 3 Marginial analysis&consumer choice", "section": 1, "web_number": 49, "local_file": "unit 3 marginial analysis&consumer choice/marginal MCQ.pdf", "local_number": 69, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0065 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Let MU s be the marginal utility of a sandwich, MU h be the marginal utility of a hot dog, P s be the price of a sandwich, and P h be the price of a hot dog. When the price of the goods is zero, Pat eats a sandwich. When Pat has to pay, she eats a hot dog. When Pat has to pay, which of the following is necessarily true?", "local_stem": "Let MUs be the marginal utility of a sandwich, MUh be the marginal utility of a hot dog, Ps be the price of a\nsandwich, and Ph be the price of a hot dog. When the price of the goods is zero, Pat eats a sandwich. When Pat has\nto pay, she eats a hot dog. When Pat has to pay, which of the following is necessarily true?", "web_options": [ "MU s = MU h = P s = P h", "(MU s / P s ) > (MU h / P h )", "P s < P h", "P s > P h", "MU s = 0" ], "local_options": [ "MUs = MUh = Ps = Ph", "(MUs / Ps ) > (MUh / Ph)", "Ps < Ph", "Ps > Ph", "MUs = 0\nInclude correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the marginal benefit, in dollars, that Yanick derives from consuming two goods, Good A and\nshirts.\nQuantity of Good A\nMarginal Benefit of Good A\nQuantity of Shirts\nMarginal Benefit of Shirts\n1\n$64\n1\n$48\n2\n$40\n2\n$40\n3\n$24\n3\n$32\n4\n$12\n4\n$24\n5\n$4\n5\n$16\n6\n$0\n6\n$8\nYanick has a limited weekly income of $10, and he spends it all on Good A and shirts. Assume the price of Good A is $2\nper unit and the price of each shirt is $4.\n(a) Given his weekly income, would Yanick be able to buy 2 units of Good A and 2 shirts? Explain using numbers.\n(b) Calculate the total consumer surplus from Good A if Yanick consumes 3 units of Good A. Show your work.\n(c) Identify the quantity of Good A and the quantity of shirts that will maximize Yanick’s total benefit given his weekly\nincome. Explain using marginal analysis.\n(d) Assume Good A is produced in a perfectly competitive market and that there is an increase in the number of\nconsumers in the market for Good A.\n(i) Will the quantity of Good A that will maximize Yanick’s total benefit increase, decrease, or stay the same? Explain.\n(ii) Would Yanick’s total consumer surplus from Good A if he consumes 3 units of Good A increase, decrease, or stay the\nsame compared to your answer in part (b) ? Explain." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 14 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 1, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 1, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the table above, which shows the costs of production for a firm, the average total cost of producing 3 units of output is", "local_stem": "According to the table above, which shows the costs of production for a firm, the average total cost of producing 3\nunits of output is", "web_options": [ "5.00", "11.67", "13.33", "15.00", "20.00" ], "local_options": [ "5.00", "11.67", "13.33", "15.00", "20.00" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/29034076306164717018.png" ], "answer": "E", "download_pdf_page": 1 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 2, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 2, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "As output of a firm increases, the difference between the firm’s average total cost and its average variable cost gets smaller because the firm’s", "local_stem": "As output of a firm increases, the difference between the firm’s average total cost and its average variable cost gets\nsmaller because the firm’s", "web_options": [ "total cost is increasing", "marginal cost is increasing", "average fixed cost is decreasing", "marginal product of labor is decreasing", "long-run average total cost is decreasing" ], "local_options": [ "total cost is increasing", "marginal cost is increasing", "average fixed cost is decreasing", "marginal product of labor is decreasing", "long-run average total cost is decreasing" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 1 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 3, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 3, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following MUST be true of the long run?", "local_stem": "Which of the following MUST be true of the long run?", "web_options": [ "It is at least one year in duration.", "All factors of production are variable.", "At least one factor of production is fixed.", "Marginal costs are constant.", "Average total costs are constant." ], "local_options": [ "It is at least one year in duration.", "All factors of production are variable.", "At least one factor of production is fixed.", "Marginal costs are constant.", "Average total costs are constant." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 1 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 4, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 4, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 0.6163, 1.0, 1.0, 1.0 ], "status": "已确认实质差异", "web_stem": "Suppose a firm’s production process exhibits diseconomies of scale. How and why will costs change if the firm reduces its output?", "local_stem": "Suppose a firm’s production process exhibits diseconomies of scale. How and why will costs change if the firm\nreduces its output?", "web_options": [ "Long-run average total cost will increase because it becomes more difficult for the firm to manage its workforce.", "Long-run average total cost will increase because it becomes more difficult for the firm to manage its workforce.", "Long-run average total cost will decrease because it becomes easier for the firm to manage its workforce.", "Long-run average fixed costs will decrease because the firm produces fewer units of output.", "Long-run average total cost will decrease because it becomes more difficult for the firm to manage its workforce." ], "local_options": [ "Long-run average total cost will increase because it becomes more difficult for the firm to manage its\nworkforce.", "Long-run average fixed costs will increase because the firm produces fewer units of output.", "Long-run average total cost will decrease because it becomes easier for the firm to manage its workforce.", "Long-run average fixed costs will decrease because the firm produces fewer units of output.", "Long-run average total cost will decrease because it becomes more difficult for the firm to manage its\nworkforce." ], "web_passage": "", "web_images": [], "answer": "C", "difference": "B 项重复 A 项；本地 B 项为 Long-run average fixed costs will increase because the firm produces fewer units of output.", "download_pdf_page": 1 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 5, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 5, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true for a firm that uses labor as a variable input and capital as a fixed input in the short run?", "local_stem": "Which of the following is true for a firm that uses labor as a variable input and capital as a fixed input in the short\nrun?", "web_options": [ "If the marginal product of labor is negative, the average product of labor must also be negative.", "If the marginal product of labor is rising, the average product of labor must be greater than the marginal product of labor.", "If the average product of labor is rising, the marginal product of labor must be rising.", "If the average product of labor is falling, the marginal product of labor must be less than the average product of labor.", "The average product of labor can never be equal to the marginal product of labor." ], "local_options": [ "If the marginal product of labor is negative, the average product of labor must also be negative.", "If the marginal product of labor is rising, the average product of labor must be greater than the marginal\nproduct of labor.", "If the average product of labor is rising, the marginal product of labor must be rising.", "If the average product of labor is falling, the marginal product of labor must be less than the average product\nof labor.", "The average product of labor can never be equal to the marginal product of labor." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 2 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 6, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 6, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "What does the minimum efficient scale measure?", "local_stem": "What does the minimum efficient scale measure?", "web_options": [ "The smallest output level at which short-run average total cost is minimized.", "The smallest output level at which short-run total cost is minimized.", "The smallest output level at which long-run average total cost is minimized.", "The largest output level at which long-run average total cost is minimized.", "The largest output level at which long-run total cost is minimized." ], "local_options": [ "The smallest output level at which short-run average total cost is minimized.", "The smallest output level at which short-run total cost is minimized.", "The smallest output level at which long-run average total cost is minimized.", "The largest output level at which long-run average total cost is minimized.", "The largest output level at which long-run total cost is minimized." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 2 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 7, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 7, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the short run, which of the following is true of a firm's average total cost of production?", "local_stem": "In the short run, which of the following is true of a firm's average total cost of production?", "web_options": [ "It is equal to marginal cost plus average variable cost.", "It is equal to marginal cost plus average fixed cost.", "It is equal to average fixed cost plus average variable cost.", "It always increases when a firm increases production.", "It is zero if the firm shuts down." ], "local_options": [ "It is equal to marginal cost plus average variable cost.", "It is equal to marginal cost plus average fixed cost.", "It is equal to average fixed cost plus average variable cost.", "It always increases when a firm increases production.", "It is zero if the firm shuts down." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 2 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 8, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 8, "local_page": 2, "stem_similarity": 0.9312, "option_similarities": [ 0.9091, 0.9041, 0.9211, 0.9661, 0.973 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Which of the following must be true if at the tenth unit of output, marginal cost (MC) is $130 and average total cost ( ATC) is $150?", "local_stem": "Which of the following must be true if at the tenth unit of output, marginal cost (\n) is\nand average total\ncost (\n) is\n?", "web_options": [ "ATC of producing the ninth unit is higher than $150.", "ATC of producing the ninth unit is less than $150.", "MC of producing the ninth unit is higher than $130.", "The average variable cost of producing the tenth unit is higher than $150.", "The average variable cost of producing the tenth unit is equal to $20." ], "local_options": [ "of producing the ninth unit is higher than\n.", "of producing the ninth unit is less than\n.", "of producing the ninth unit is higher than\n.", "The average variable cost of producing the tenth unit is higher than\n.", "The average variable cost of producing the tenth unit is equal to\n." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 2 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 9, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 9, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true about a firm's average variable cost?", "local_stem": "Which of the following is true about a firm's average variable cost?", "web_options": [ "It will rise if marginal cost is less than average variable cost.", "It will never equal the firm's marginal cost.", "It will decline when the firm's marginal product declines.", "It will be negative if marginal revenue declines.", "It will equal average total cost when fixed costs are zero." ], "local_options": [ "It will rise if marginal cost is less than average variable cost.", "It will never equal the firm's marginal cost.", "It will decline when the firm's marginal product declines.", "It will be negative if marginal revenue declines.", "It will equal average total cost when fixed costs are zero." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 3 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 10, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 10, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.5333 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Which of the following is always true of the relationship between average and marginal costs?", "local_stem": "Which of the following is always true of the relationship between average and marginal costs?", "web_options": [ "Average total costs are increasing when marginal costs are increasing.", "Marginal costs are increasing when average variable costs are higher than marginal costs.", "Average variable costs are increasing when marginal costs are increasing.", "Average variable costs are increasing when marginal costs are higher than average variable costs.", "Average total costs are constant when marginal costs are constant." ], "local_options": [ "Average total costs are increasing when marginal costs are increasing.", "Marginal costs are increasing when average variable costs are higher than marginal costs.", "Average variable costs are increasing when marginal costs are increasing.", "Average variable costs are increasing when marginal costs are higher than average variable costs.", "Average total costs are constant when marginal costs are constant.\nThe following questions are based on the table below, which shows a firm’s average variable cost and average total\ncost." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 3 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 11, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 11, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The average fixed cost of producing four units of output is equal to", "local_stem": "The average fixed cost of producing four units of output is equal to", "web_options": [ "$120", "$95", "$75", "$50", "$30" ], "local_options": [ "$120", "$95", "$75", "$50", "$30" ], "web_passage": "The following questions are based on the table below, which shows a firm’s average variable cost and average total cost.", "web_images": [ "https://static.shanmaostar.com/default/ap/21231904240718449280.png" ], "answer": "E", "download_pdf_page": 3 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 12, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 12, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the amount of labor inputs necessary to produce given levels of output. If the cost of a unit of labor is $20 and total fixed cost is $100, the average total cost of producing 20 units of output is", "local_stem": "The table above shows the amount of labor inputs necessary to produce given levels of output. If the cost of a unit\nof labor is $20 and total fixed cost is $100, the average total cost of producing 20 units of output is", "web_options": [ "$1", "$2", "$7", "$40", "$120" ], "local_options": [ "$1", "$2", "$7", "$40", "$120" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/11964808898897169458.png" ], "answer": "C", "download_pdf_page": 3 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 13, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 13, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.0583 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume that total fixed costs are $46, that the average product of labor is 5 units when 10 units of output are produced, and that the wage rate is $12. If labor is the only variable input, what is the average total cost of producing 10 units of output?", "local_stem": "Assume that total fixed costs are $46, that the average product of labor is 5 units when 10 units of output are\nproduced, and that the wage rate is $12. If labor is the only variable input, what is the average total cost of\nproducing 10 units of output?", "web_options": [ "$2", "$5", "$7", "$9", "$12" ], "local_options": [ "$2", "$5", "$7", "$9", "$12\nThe following questions are based on the table below, which gives cost information for a perfectly competitive firm." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 4 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 14, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 14, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The average total cost to the firm of producing 2 units of output is", "local_stem": "The average total cost to the firm of producing 2 units of output is", "web_options": [ "$35.00", "$85.00", "$95.00", "$100.00", "$130.00" ], "local_options": [ "$35.00", "$85.00", "$95.00", "$100.00", "$130.00" ], "web_passage": "The following questions are based on the table below, which gives cost information for a perfectly competitive firm.", "web_images": [ "https://static.shanmaostar.com/default/ap/34423797331436631639.png" ], "answer": "C", "download_pdf_page": 4 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 15, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 15, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Given the information above, the average variable cost of 25 units of output is", "local_stem": "Given the information above, the average variable cost of 25 units of output is", "web_options": [ "$2", "$6", "$25", "$50", "$75" ], "local_options": [ "$2", "$6", "$25", "$50", "$75" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/98366708117183983630.png" ], "answer": "A", "download_pdf_page": 4 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 16, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 16, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "At 100 units of output, a firm’s total cost is $10,000. If the firm’s total fixed cost is $4,000, its average variable cost is equal to", "local_stem": "At 100 units of output, a firm’s total cost is $10,000. If the firm’s total fixed cost is $4,000, its average variable cost\nis equal to", "web_options": [ "$140", "$100", "$60", "$40", "$0" ], "local_options": [ "$140", "$100", "$60", "$40", "$0" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 17, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 17, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the marginal cost of producing the first unit of some good is $20 and the marginal cost of producing the second unit is $30, the average variable cost of producing 2 units is", "local_stem": "If the marginal cost of producing the first unit of some good is $20 and the marginal cost of producing the second\nunit is $30, the average variable cost of producing 2 units is", "web_options": [ "$5", "$10", "$20", "$25", "$50" ], "local_options": [ "$5", "$10", "$20", "$25", "$50" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 5 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 18, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 18, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows a firm’s total cost of producing various units of output. What is the average variable cost of producing three units?", "local_stem": "The table above shows a firm’s total cost of producing various units of output. What is the average variable cost of\nproducing three units?", "web_options": [ "$4", "$7", "$10", "$17", "Cannot be determined from the given information" ], "local_options": [ "$4", "$7", "$10", "$17", "Cannot be determined from the given information" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/67828937167218469638.png" ], "answer": "B", "download_pdf_page": 5 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 19, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 19, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table below shows a competitive firm’s total variable cost (TVC) and total fixed cost (TFC) at various units of output. When output is 3 units, which of the following is correct?", "local_stem": "The table below shows a competitive firm’s total variable cost (TVC) and total fixed cost (TFC) at various units of\noutput.\nWhen output is 3 units, which of the following is correct?", "web_options": [ "Average Variable Cost Marginal Cost 5 6", "Average Variable Cost Marginal Cost 5 7", "Average Variable Cost Marginal Cost 6 5", "Average Variable Cost Marginal Cost 7 7", "Average Variable Cost Marginal Cost 7 6" ], "local_options": [ "Average Variable Cost\nMarginal Cost\n5\n6", "Average Variable Cost\nMarginal Cost\n5\n7", "Average Variable Cost\nMarginal Cost\n6\n5", "Average Variable Cost\nMarginal Cost\n7\n7", "Average Variable Cost\nMarginal Cost\n7\n6" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/15516936249689508329.png" ], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 20, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 20, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.1111 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "A firm is producing 100 units of output at a total cost of $400. The firm’s average variable cost is $3 per unit. What is the firm’s total fixed cost?", "local_stem": "A firm is producing 100 units of output at a total cost of $400. The firm’s average variable cost is $3 per unit. What\nis the firm’s total fixed cost?", "web_options": [ "$1", "$50", "$100", "$300", "$400" ], "local_options": [ "$1", "$50", "$100", "$300", "$400\nThe following question is based on the output and cost data in the table below." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 6 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 21, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 21, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "According to the cost schedule in the table above, the firm’s total fixed cost is", "local_stem": "According to the cost schedule in the table above, the firm’s total fixed cost is", "web_options": [ "increasing", "decreasing", "$90", "$100", "impossible to determine" ], "local_options": [ "increasing", "decreasing", "$90", "$100", "impossible to determine" ], "web_passage": "The following question is based on the output and cost data in the table below.", "web_images": [ "https://static.shanmaostar.com/default/ap/83986366288576465827.png" ], "answer": "D", "download_pdf_page": 7 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 22, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 22, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If there is only one variable input, diminishing marginal returns first occur with the production of which unit of output?", "local_stem": "If there is only one variable input, diminishing marginal returns first occur with the production of which unit of\noutput?", "web_options": [ "7th", "6th", "5th", "4th", "3rd" ], "local_options": [ "7th", "6th", "5th", "4th", "3rd" ], "web_passage": "The following question is based on the output and cost data in the table below.", "web_images": [ "https://static.shanmaostar.com/default/ap/83986366288576465827.png" ], "answer": "C", "download_pdf_page": 7 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 23, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 23, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 0.9706, 1.0, 1.0, 1.0, 1.0 ], "status": "已确认实质差异", "web_stem": "Assume that the fixed cost is $50. Based on the cost and output data in the table above, what is the marginal cost when the firm increases its output from three to four units and the average total cost of producing 4 units?", "local_stem": "Assume that the fixed cost is $50. Based on the cost and output data in the table above, what is the marginal cost\nwhen the firm increases its output from three to four units and the average total cost of producing 4 units?", "web_options": [ "Marginal Cost Average Total Cost $35 $45", "Marginal Cost Average Total Cost $35 $35", "Marginal Cost Average Total Cost $25 $35", "Marginal Cost Average Total Cost $25 $25", "Marginal Cost Average Total Cost $10 $25" ], "local_options": [ "Marginal Cost\nAverage Total Cost\n$35\n$40", "Marginal Cost\nAverage Total Cost\n$35\n$35", "Marginal Cost\nAverage Total Cost\n$25\n$35", "Marginal Cost\nAverage Total Cost\n$25\n$25", "Marginal Cost\nAverage Total Cost\n$10\n$25" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/73650146425665061081.png" ], "answer": "C", "difference": "A 项 Average Total Cost：本地为 $40，山猫为 $45（Marginal Cost 均为 $35）。", "download_pdf_page": 7 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 24, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 24, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that a profit-maximizing firm is perfectly competitive in both the output and the factor markets and is at its long-run equilibrium. The firm's output is 100 units, its total revenue is $600.00, and the fixed cost of production is $50.00. Based on this information, which of the following is true for the firm?", "local_stem": "Assume that a profit-maximizing firm is perfectly competitive in both the output and the factor markets and is at its\nlong-run equilibrium. The firm's output is 100 units, its total revenue is $600.00, and the fixed cost of production is\n$50.00. Based on this information, which of the following is true for the firm?", "web_options": [ "Its marginal cost is $5.50, and its average total cost is $5.50.", "Its marginal cost is $5.50, and its average variable cost is $5.50.", "Its marginal cost is $6.00, and its average total cost is $5.50.", "Its marginal cost is $6.00, and its average fixed cost is $5.50.", "Its marginal cost is $6.00, and its average variable cost is $5.50." ], "local_options": [ "Its marginal cost is $5.50, and its average total cost is $5.50.", "Its marginal cost is $5.50, and its average variable cost is $5.50.", "Its marginal cost is $6.00, and its average total cost is $5.50.", "Its marginal cost is $6.00, and its average fixed cost is $5.50.", "Its marginal cost is $6.00, and its average variable cost is $5.50." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 8 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 25, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 25, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If labor is the only variable input and it costs $15 per hour and if the marginal product of labor is 3 units per hour, the short-run marginal cost of 1 unit of output is approximately", "local_stem": "If labor is the only variable input and it costs $15 per hour and if the marginal product of labor is 3 units per hour,\nthe short-run marginal cost of 1 unit of output is approximately", "web_options": [ "$0.20", "$3.00", "$5.00", "$15.00", "$45.00" ], "local_options": [ "$0.20", "$3.00", "$5.00", "$15.00", "$45.00" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 8 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 26, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 26, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table below shows a production function for a firm. All of the following can be concluded from the information in the table EXCEPT:", "local_stem": "The table below shows a production function for a firm.\nAll of the following can be concluded from the information in the table EXCEPT:", "web_options": [ "Diminishing marginal returns set in after the fourth unit of the variable input.", "Marginal product is positive if total product is increasing.", "This is a production function for a perfectly competitive firm.", "A profit-maximizing firm would never voluntarily employ the eighth unit of the variable input.", "Total product starts to decrease when marginal product changes from positive to negative." ], "local_options": [ "Diminishing marginal returns set in after the fourth unit of the variable input.", "Marginal product is positive if total product is increasing.", "This is a production function for a perfectly competitive firm.", "A profit-maximizing firm would never voluntarily employ the eighth unit of the variable input.", "Total product starts to decrease when marginal product changes from positive to negative." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/49156279561273886668.png" ], "answer": "C", "download_pdf_page": 8 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 27, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 27, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the output of a firm doubles when the firm doubles all of its inputs, the firm must be experiencing", "local_stem": "If the output of a firm doubles when the firm doubles all of its inputs, the firm must be experiencing", "web_options": [ "economies of scale", "increasing returns to scale", "constant returns to scale", "decreasing returns to scale", "diseconomies of scale" ], "local_options": [ "economies of scale", "increasing returns to scale", "constant returns to scale", "decreasing returns to scale", "diseconomies of scale" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 9 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 28, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 28, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A competitive firm produces a product using labor and plastic. The firm is initially in equilibrium. If the cost of plastic suddenly increases, which of the following will occur?", "local_stem": "A competitive firm produces a product using labor and plastic. The firm is initially in equilibrium. If the cost of\nplastic suddenly increases, which of the following will occur?", "web_options": [ "The demand curve for the product will shift to the left.", "The firm's demand curve for plastic will shift to the left.", "The firm will increase the number of units offered for sale.", "The firm will definitely go out of business, since competitive firms earn zero economic profits in equilibrium.", "The firm's marginal costs will increase at each level of output." ], "local_options": [ "The demand curve for the product will shift to the left.", "The firm's demand curve for plastic will shift to the left.", "The firm will increase the number of units offered for sale.", "The firm will definitely go out of business, since competitive firms earn zero economic profits in\nequilibrium.", "The firm's marginal costs will increase at each level of output." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 9 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 29, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 29, "local_page": 12, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "With capital held constant, when Zane employs one additional worker, the marginal product of labor decreases by units. Which economic concept best characterizes Zane’s production process?", "local_stem": "With capital held constant, when Zane employs one additional worker, the marginal product of labor decreases by\nunits. Which economic concept best characterizes Zane’s production process?", "web_options": [ "Diminishing marginal returns", "Increasing marginal returns", "Constant returns to scale", "Economies of scale", "Diseconomies of scale" ], "local_options": [ "Diminishing marginal returns", "Increasing marginal returns", "Constant returns to scale", "Economies of scale", "Diseconomies of scale" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 9 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 30, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 30, "local_page": 12, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table below shows the long-run total cost function of a firm. The firm’s cost function exhibits", "local_stem": "The table below shows the long-run total cost function of a firm.\nThe firm’s cost function exhibits", "web_options": [ "diseconomies of scale", "constant returns to scale", "economies of scale", "decreasing marginal cost", "increasing marginal cost" ], "local_options": [ "diseconomies of scale", "constant returns to scale", "economies of scale", "decreasing marginal cost", "increasing marginal cost" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/20832807493375662545.png" ], "answer": "B", "download_pdf_page": 10 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 31, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 31, "local_page": 12, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Economies of scale can be illustrated by", "local_stem": "Economies of scale can be illustrated by", "web_options": [ "an increasing short-run marginal cost curve as a firm produces more output", "a decreasing short-run average total cost curve as a firm produces more output", "a downward-sloping long-run supply curve for an industry", "a decreasing long-run average total cost curve as a firm produces more output", "an increasing long-run average total cost curve as a firm produces more output" ], "local_options": [ "an increasing short-run marginal cost curve as a firm produces more output", "a decreasing short-run average total cost curve as a firm produces more output", "a downward-sloping long-run supply curve for an industry", "a decreasing long-run average total cost curve as a firm produces more output", "an increasing long-run average total cost curve as a firm produces more output" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 10 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 32, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 32, "local_page": 13, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The relationship in the graph above best illustrates the economic concept of", "local_stem": "The relationship in the graph above best illustrates the economic concept of", "web_options": [ "opportunity cost", "diminishing marginal utility in consumption", "diminishing marginal returns in production", "production possibilities", "comparative advantage" ], "local_options": [ "opportunity cost", "diminishing marginal utility in consumption", "diminishing marginal returns in production", "production possibilities", "comparative advantage" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/41204090020524069745.png" ], "answer": "C", "download_pdf_page": 10 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 33, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 33, "local_page": 13, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a firm’s production function exhibits diminishing marginal product of the variable input in the short run, which of the following about the firm’s short-run marginal cost (MC) curve must be true?", "local_stem": "If a firm’s production function exhibits diminishing marginal product of the variable input in the short run, which of\nthe following about the firm’s short-run marginal cost (MC) curve must be true?", "web_options": [ "As output increases, the MC curve slopes upward.", "As output increases, the MC curve slopes downward and becomes flatter.", "As output increases, the MC curve slopes downward and becomes steeper.", "The MC curve is horizontal.", "The MC curve is vertical." ], "local_options": [ "As output increases, the MC curve slopes upward.", "As output increases, the MC curve slopes downward and becomes flatter.", "As output increases, the MC curve slopes downward and becomes steeper.", "The MC curve is horizontal.", "The MC curve is vertical." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 11 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 34, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 34, "local_page": 13, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Short-run marginal costs eventually increase because of the effects of", "local_stem": "Short-run marginal costs eventually increase because of the effects of", "web_options": [ "increasing marginal product", "diminishing marginal product", "diseconomies of scale", "economies of scale", "increasing fixed costs" ], "local_options": [ "increasing marginal product", "diminishing marginal product", "diseconomies of scale", "economies of scale", "increasing fixed costs" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 11 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 35, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 35, "local_page": 13, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "For a firm where labor is the only variable input, which of the following happens when diminishing returns set in?", "local_stem": "For a firm where labor is the only variable input, which of the following happens when diminishing returns set in?", "web_options": [ "Average variable cost begins to increase.", "Average product of labor begins to decline.", "Total product begins to decline.", "Marginal cost begins to increase.", "Average total cost begins to increase." ], "local_options": [ "Average variable cost begins to increase.", "Average product of labor begins to decline.", "Total product begins to decline.", "Marginal cost begins to increase.", "Average total cost begins to increase." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 11 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 36, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 36, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that a firm uses only one variable input. If a firm is experiencing diminishing returns, which of the following is true as more of the variable input is used?", "local_stem": "Assume that a firm uses only one variable input. If a firm is experiencing diminishing returns, which of the\nfollowing is true as more of the variable input is used?", "web_options": [ "Marginal cost will decrease at a constant rate.", "Marginal cost will decrease at a diminishing rate.", "Marginal cost will increase.", "Marginal product will increase at a constant rate.", "Marginal product will increase at a diminishing rate." ], "local_options": [ "Marginal cost will decrease at a constant rate.", "Marginal cost will decrease at a diminishing rate.", "Marginal cost will increase.", "Marginal product will increase at a constant rate.", "Marginal product will increase at a diminishing rate." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 11 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 37, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 37, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following indicates the presence of economies of scale as the quantity of output increases?", "local_stem": "Which of the following indicates the presence of economies of scale as the quantity of output increases?", "web_options": [ "Average variable cost decreases.", "Long-run average total cost decreases.", "Marginal cost decreases.", "Average fixed cost decreases.", "Marginal cost exceeds average total cost." ], "local_options": [ "Average variable cost decreases.", "Long-run average total cost decreases.", "Marginal cost decreases.", "Average fixed cost decreases.", "Marginal cost exceeds average total cost." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 11 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 38, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 38, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following must be true if a firm is experiencing economies of scale?", "local_stem": "Which of the following must be true if a firm is experiencing economies of scale?", "web_options": [ "All costs are explicit.", "Long-run average total cost decreases as the firm’s output increases.", "Economic profits decrease as the firm’s output increases.", "Long-run average total cost remains constant as the firm’s output decreases.", "Proportionate increases in inputs result in less-than-proportionate increases in output." ], "local_options": [ "All costs are explicit.", "Long-run average total cost decreases as the firm’s output increases.", "Economic profits decrease as the firm’s output increases.", "Long-run average total cost remains constant as the firm’s output decreases.", "Proportionate increases in inputs result in less-than-proportionate increases in output." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 12 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 39, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 39, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Economies of scale exist when", "local_stem": "Economies of scale exist when", "web_options": [ "the doubling of all inputs doubles the output produced", "short-run average total cost decreases as output increases", "short-run average total cost remains constant as output increases", "long-run average total cost increases as output increases", "long-run average total cost decreases as output increases" ], "local_options": [ "the doubling of all inputs doubles the output produced", "short-run average total cost decreases as output increases", "short-run average total cost remains constant as output increases", "long-run average total cost increases as output increases", "long-run average total cost decreases as output increases" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 12 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 40, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 40, "local_page": 14, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a firm experiences economies of scale over the entire range of output, the long-run average cost curve will be", "local_stem": "If a firm experiences economies of scale over the entire range of output, the long-run average cost curve will be", "web_options": [ "U-shaped", "upward sloping", "downward sloping", "horizontal", "below the marginal cost curve" ], "local_options": [ "U-shaped", "upward sloping", "downward sloping", "horizontal", "below the marginal cost curve" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 12 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 41, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 41, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a firm is experiencing economies of scale, which of the following will decrease as output increases?", "local_stem": "If a firm is experiencing economies of scale, which of the following will decrease as output increases?", "web_options": [ "Fixed cost", "Long-run total cost", "Long-run average total cost", "Marginal cost", "Marginal revenue" ], "local_options": [ "Fixed cost", "Long-run total cost", "Long-run average total cost", "Marginal cost", "Marginal revenue" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 12 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 42, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 42, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "F&D Manufacturing Company increases all its inputs by 50 percent each. If F&D’s output increases by 100 percent, then F&D is experiencing", "local_stem": "F&D Manufacturing Company increases all its inputs by 50 percent each. If F&D’s output increases by 100 percent,\nthen F&D is experiencing", "web_options": [ "increasing returns to scale", "constant returns to scale", "diseconomies of scale", "increasing marginal cost", "decreasing profits" ], "local_options": [ "increasing returns to scale", "constant returns to scale", "diseconomies of scale", "increasing marginal cost", "decreasing profits" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 12 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 43, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 43, "local_page": 15, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the short-run production function for picking apples. Based on the production data, which of the following statements about the marginal product of the fifth worker is true?", "local_stem": "The table above shows the short-run production function for picking apples. Based on the production data, which of\nthe following statements about the marginal product of the fifth worker is true?", "web_options": [ "It is the maximum that can be attained.", "It is greater than the marginal product of the first worker due to increasing returns.", "It is greater than the combined marginal products of all the other workers.", "It is less than the marginal product of the third worker due to diminishing returns.", "It is rising due to increasing marginal returns." ], "local_options": [ "It is the maximum that can be attained.", "It is greater than the marginal product of the first worker due to increasing returns.", "It is greater than the combined marginal products of all the other workers.", "It is less than the marginal product of the third worker due to diminishing returns.", "It is rising due to increasing marginal returns." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/77583981552255579844.png" ], "answer": "D", "download_pdf_page": 13 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 44, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 44, "local_page": 16, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Suppose that a firm begins to hire workers for a newly completed plant with a fixed amount of machinery. As the firm hires additional workers, one would expect the marginal product to", "local_stem": "Suppose that a firm begins to hire workers for a newly completed plant with a fixed amount of machinery. As the\nfirm hires additional workers, one would expect the marginal product to", "web_options": [ "fall initially, but eventually rise", "rise initially, but eventually fall", "rise consistently due to diminishing return", "rise consistently due to the advantages of specialization", "rise consistently due to economies of scale" ], "local_options": [ "fall initially, but eventually rise", "rise initially, but eventually fall", "rise consistently due to diminishing return", "rise consistently due to the advantages of specialization", "rise consistently due to economies of scale" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 13 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 45, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 45, "local_page": 16, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.3165 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Currently, Corporation can produce 50 units of output using 20 workers and 8 units of capital. Which of the following changes in the number of workers, units of capital, and quantity of output are consistent with constant returns to scale?", "local_stem": "Currently,\nCorporation can produce 50 units of output using 20 workers and 8 units of capital. Which of the\nfollowing changes in the number of workers, units of capital, and quantity of output are consistent with constant\nreturns to scale?", "web_options": [ "Workers Capital Output 40 8 100", "Workers Capital Output 40 16 90", "Workers Capital Output 20 4 25", "Workers Capital Output 10 4 25", "Workers Capital Output 10 8 25" ], "local_options": [ "Workers\nCapital\nOutput\n40\n8\n100", "Workers\nCapital\nOutput\n40\n16\n90", "Workers\nCapital\nOutput\n20\n4\n25", "Workers\nCapital\nOutput\n10\n4\n25", "Workers\nCapital\nOutput\n10\n8\n25\nThe following questions refer to the graph below, which shows the cost curves for a profit maximizing, perfectly\ncompetitive firm." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 13 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 46, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 46, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The vertical distance CF represents the", "local_stem": "The vertical distance CF represents the", "web_options": [ "total cost of producing Q 1 units of output", "average total cost of producing Q 1 units of output", "average fixed cost of producing Q 1 units of output", "average variable cost of producing Q 1 units of output", "amount of the firm's loss resulting from producing Q 1 units of output" ], "local_options": [ "total cost of producing Q1 units of output", "average total cost of producing Q1 units of output", "average fixed cost of producing Q1 units of output", "average variable cost of producing Q1 units of output", "amount of the firm's loss resulting from producing Q1 units of output" ], "web_passage": "The following questions refer to the graph below, which shows the cost curves for a profit maximizing, perfectly competitive firm.", "web_images": [ "https://static.shanmaostar.com/default/ap/90319904364653936231.png" ], "answer": "C", "download_pdf_page": 14 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 47, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 47, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a firm's average total cost decreases as the firm increases its output, the firm's marginal cost must be", "local_stem": "If a firm's average total cost decreases as the firm increases its output, the firm's marginal cost must be", "web_options": [ "greater than the average variable cost", "less than the average fixed cost", "less than the average total cost", "decreasing", "negative" ], "local_options": [ "greater than the average variable cost", "less than the average fixed cost", "less than the average total cost", "decreasing", "negative" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 14 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 48, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 48, "local_page": 17, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following factors can cause a firm's cost curves to shift upward?", "local_stem": "Which of the following factors can cause a firm's cost curves to shift upward?", "web_options": [ "An increase in wages", "An increase in the firm's output", "An increase in the output price", "A decrease in the firm's output", "A decrease in the price of energy" ], "local_options": [ "An increase in wages", "An increase in the firm's output", "An increase in the output price", "A decrease in the firm's output", "A decrease in the price of energy" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 14 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 49, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 49, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following provides an example of the law of diminishing returns?", "local_stem": "Which of the following provides an example of the law of diminishing returns?", "web_options": [ "A farm doubles all its inputs and observes that output less than doubles.", "A textile producer’s output increases by 5 units when adding a fourth worker and by 7 units when adding a fifth worker.", "If a fixed input increases, fewer additional units of a variable input will be needed to increase output by one unit.", "As more of a variable input—for example, labor is used with a fixed number of machines— output increases but at a diminishing rate.", "More cooks in a single kitchen will increase the number of meals produced by increasing amounts." ], "local_options": [ "A farm doubles all its inputs and observes that output less than doubles.", "A textile producer’s output increases by 5 units when adding a fourth worker and by 7 units when adding a\nfifth worker.", "If a fixed input increases, fewer additional units of a variable input will be needed to increase output by one\nunit.", "As more of a variable input—for example, labor is used with a fixed number of machines— output increases\nbut at a diminishing rate.", "More cooks in a single kitchen will increase the number of meals produced by increasing amounts." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 15 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 50, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 50, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the short run, assume diminishing marginal product of labor sets in with the hiring of the second worker. Which of the following will remain constant as a firm produces more output?", "local_stem": "In the short run, assume diminishing marginal product of labor sets in with the hiring of the second worker. Which\nof the following will remain constant as a firm produces more output?", "web_options": [ "Average product of labor", "Total cost", "Total fixed cost", "Total variable cost", "Marginal cost" ], "local_options": [ "Average product of labor", "Total cost", "Total fixed cost", "Total variable cost", "Marginal cost" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 15 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 51, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 51, "local_page": 18, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "At 100 units of a firm’s output, average total cost is $10, average variable cost is $8, average fixed cost is $2, and marginal cost is $12. How will each of the following change as the firm's output further increases?", "local_stem": "At 100 units of a firm’s output, average total cost is $10, average variable cost is $8, average fixed cost is $2, and\nmarginal cost is $12. How will each of the following change as the firm's output further increases?", "web_options": [ "Average Total Cost Average Variable Cost Average Fixed Cost Increase Increase Increase", "Average Total Cost Average Variable Cost Average Fixed Cost Increase Increase Decrease", "Average Total Cost Average Variable Cost Average Fixed Cost Increase Decrease Decrease", "Average Total Cost Average Variable Cost Average Fixed Cost Decrease Increase Increase", "Average Total Cost Average Variable Cost Average Fixed Cost Decrease Decrease Decrease" ], "local_options": [ "Average Total Cost\nAverage Variable Cost\nAverage Fixed Cost\nIncrease\nIncrease\nIncrease", "Average Total Cost\nAverage Variable Cost\nAverage Fixed Cost\nIncrease\nIncrease\nDecrease", "Average Total Cost\nAverage Variable Cost\nAverage Fixed Cost\nIncrease\nDecrease\nDecrease", "Average Total Cost\nAverage Variable Cost\nAverage Fixed Cost\nDecrease\nIncrease\nIncrease", "Average Total Cost\nAverage Variable Cost\nAverage Fixed Cost\nDecrease\nDecrease\nDecrease" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 15 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 52, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 52, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a firm's production process exhibits economiesof scale, which of the following will occur when the firm's output increases?", "local_stem": "If a firm's production process exhibits economies of scale, which of the following will occur when the firm's output\nincreases?", "web_options": [ "Its short-run average total costs will rise.", "Its long-run average total costs will rise.", "Its long-run average total costs will fall.", "Its short-run average total costs will fall.", "Its long-run total costs will fall." ], "local_options": [ "Its short-run average total costs will rise.", "Its long-run average total costs will rise.", "Its long-run average total costs will fall.", "Its short-run average total costs will fall.", "Its long-run total costs will fall." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 16 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 53, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 53, "local_page": 19, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is a result of increasing returns to scale?", "local_stem": "Which of the following is a result of increasing returns to scale?", "web_options": [ "Upward-sloping short-run marginal cost curve", "Downward-sloping marginal physical product of labor curve", "Downward-sloping long-run average total cost curve", "Diseconomies of scale", "Diminishing returns" ], "local_options": [ "Upward-sloping short-run marginal cost curve", "Downward-sloping marginal physical product of labor curve", "Downward-sloping long-run average total cost curve", "Diseconomies of scale", "Diminishing returns" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 16 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 54, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 54, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A farmer grows wheat using two inputs: labor and land whose prices are constant. If she doubles her inputs, she finds that the quantity of wheat produced more than doubles. Therefore, it must be true that in this output range her long-run average total cost curve is", "local_stem": "A farmer grows wheat using two inputs: labor and land whose prices are constant. If she doubles her inputs, she\nfinds that the quantity of wheat produced more than doubles. Therefore, it must be true that in this output range her\nlong-run average total cost curve is", "web_options": [ "upward sloping", "downward sloping", "horizontal", "vertical", "U-shaped" ], "local_options": [ "upward sloping", "downward sloping", "horizontal", "vertical", "U-shaped" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 16 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 55, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 55, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Locotek produces toy trains and pays each worker $350 per week. Five workers can produce 40 trains per week and six workers can produce 45 trains per week. The marginal product per week of the sixth worker is", "local_stem": "Locotek produces toy trains and pays each worker $350 per week. Five workers can produce 40 trains per week and\nsix workers can produce 45 trains per week. The marginal product per week of the sixth worker is", "web_options": [ "$70", "$350", "5 trains", "7.5 trains", "42.5 trains" ], "local_options": [ "$70", "$350", "5 trains", "7.5 trains", "42.5 trains" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 16 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 56, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 56, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following indicates that a firm is experiencing economies of scale?", "local_stem": "Which of the following indicates that a firm is experiencing economies of scale?", "web_options": [ "The firm’s long-run supply curve is horizontal.", "The firm’s long-run marginal cost increases as output increases.", "The firm’s long-run average total cost decreases as output increases.", "The firm’s long-run total cost decreases as output increases.", "The firm’s total revenues increase as output sold increases." ], "local_options": [ "The firm’s long-run supply curve is horizontal.", "The firm’s long-run marginal cost increases as output increases.", "The firm’s long-run average total cost decreases as output increases.", "The firm’s long-run total cost decreases as output increases.", "The firm’s total revenues increase as output sold increases." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 16 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 57, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 57, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a firm's long-run average total cost increases as output increases, the firm is experiencing", "local_stem": "If a firm's long-run average total cost increases as output increases, the firm is experiencing", "web_options": [ "economies of scale", "diseconomies of scale", "increasing returns to scale", "efficiency in plant size", "maximum economic profit" ], "local_options": [ "economies of scale", "diseconomies of scale", "increasing returns to scale", "efficiency in plant size", "maximum economic profit" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 17 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 58, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 58, "local_page": 20, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The long-run average cost curve will be sloping downward if a firm experiences", "local_stem": "The long-run average cost curve will be sloping downward if a firm experiences", "web_options": [ "diminishing marginal returns", "decreasing returns to scale", "constant returns to scale", "diseconomies of scale", "economies of scale" ], "local_options": [ "diminishing marginal returns", "decreasing returns to scale", "constant returns to scale", "diseconomies of scale", "economies of scale" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 17 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 59, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 59, "local_page": 21, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Under which of the following circumstances is a firm experiencing economics of scale?", "local_stem": "Under which of the following circumstances is a firm experiencing economics of scale?", "web_options": [ "The firm increases only its labor input, and output decreases.", "The firm doubles its inputs, and output triples.", "The firm builds a new plant, and the average cost of production increases.", "The firm hires a new plant manager, and profits increase.", "The product price increases, and the firm increases its output." ], "local_options": [ "The firm increases only its labor input, and output decreases.", "The firm doubles its inputs, and output triples.", "The firm builds a new plant, and the average cost of production increases.", "The firm hires a new plant manager, and profits increase.", "The product price increases, and the firm increases its output." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 17 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 60, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 60, "local_page": 21, "stem_similarity": 0.9805, "option_similarities": [ 0.9815, 0.96, 0.9828, 1.0, 0.9121 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The graph above shows a firm’s long-run average total cost curve (LRATC). Which of the following statements is true as the firm increases its scale of production?", "local_stem": "The graph above shows a firm’s long-run average total cost curve\n. Which of the following statements\nis true as the firm increases its scale of production?", "web_options": [ "From zero output to Q 0 , the firm experiences diseconomies of scale.", "From Q 0 to Q 1 , the firm experiences increasing returns to scale.", "For output levels above Q 1 , the firm experiences diseconomies of scale.", "At all output levels, the firm’s long-run marginal cost must be constant.", "From Q 0 to Q 1 , LRATC falls because average fixed cost decreases; after Q 1 , LRATC rises due to diminishing returns to labor." ], "local_options": [ "From zero output to\n, the firm experiences diseconomies of scale.", "From\nto\n, the firm experiences increasing returns to scale.", "For output levels above\n, the firm experiences diseconomies of scale.", "At all output levels, the firm’s long-run marginal cost must be constant.", "From\nto\n,\nfalls because average fixed cost decreases; after\n,\nrises due to\ndiminishing returns to labor." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/95919314159761656373.png" ], "answer": "C", "download_pdf_page": 17 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 61, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 61, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that the short-run marginal cost curve initially falls, and it then rises as quantity of output increases. Which of the following must be true?", "local_stem": "Assume that the short-run marginal cost curve initially falls, and it then rises as quantity of output increases. Which\nof the following must be true?", "web_options": [ "The marginal product of labor is always falling.", "At every output level, the short-run marginal cost curve is always above the average variable cost curve.", "As output increases, the unit price of labor (the wage rate) is first falling and then rising.", "Initially the marginal product of labor increases but eventually marginal product of labor decreases.", "The average variable cost curve must always be rising." ], "local_options": [ "The marginal product of labor is always falling.", "At every output level, the short-run marginal cost curve is always above the average variable cost curve.", "As output increases, the unit price of labor (the wage rate) is first falling and then rising.", "Initially the marginal product of labor increases but eventually marginal product of labor decreases.", "The average variable cost curve must always be rising." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 18 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 62, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 62, "local_page": 22, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.6763 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Marginal cost is defined as the", "local_stem": "Marginal cost is defined as the", "web_options": [ "change in total cost resulting from producing an additional unit of output", "change in total cost resulting from using an additional unit of input", "difference between total cost and total variable cost", "difference between total variable cost and total fixed cost", "difference between average total cost and average variable cost divided by output" ], "local_options": [ "change in total cost resulting from producing an additional unit of output", "change in total cost resulting from using an additional unit of input", "difference between total cost and total variable cost", "difference between total variable cost and total fixed cost", "difference between average total cost and average variable cost divided by output\nThe chart below gives a firm’s total cost of producing different levels of output." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 18 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 63, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 63, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The marginal cost of producing the fourth unit of output is", "local_stem": "The marginal cost of producing the fourth unit of output is", "web_options": [ "$ 4", "$11", "$19", "$32", "impossible to determine from the information given" ], "local_options": [ "$ 4", "$11", "$19", "$32", "impossible to determine from the information given" ], "web_passage": "The chart below gives a firm’s total cost of producing different levels of output.", "web_images": [ "https://static.shanmaostar.com/default/ap/37331368370129887430.png" ], "answer": "A", "download_pdf_page": 18 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 64, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 64, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The total variable cost of producing five units of output is", "local_stem": "The total variable cost of producing five units of output is", "web_options": [ "$ 6", "$11", "$30", "$43", "impossible to determine from the information given" ], "local_options": [ "$ 6", "$11", "$30", "$43", "impossible to determine from the information given" ], "web_passage": "The chart below gives a firm’s total cost of producing different levels of output.", "web_images": [ "https://static.shanmaostar.com/default/ap/37331368370129887430.png" ], "answer": "C", "download_pdf_page": 19 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 65, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 65, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that labor is the only variable input. If a firm’s short-run marginal cost is increasing as output rises, which of the following must be true?", "local_stem": "Assume that labor is the only variable input. If a firm’s short-run marginal cost is increasing as output rises, which\nof the following must be true?", "web_options": [ "Average product of labor is constant.", "Average product of labor is increasing.", "Marginal product of labor is greater than average product of labor.", "Marginal product of labor is decreasing.", "Total product of labor is decreasing." ], "local_options": [ "Average product of labor is constant.", "Average product of labor is increasing.", "Marginal product of labor is greater than average product of labor.", "Marginal product of labor is decreasing.", "Total product of labor is decreasing." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 19 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 66, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 66, "local_page": 23, "stem_similarity": 0.8446, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 0.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The table below is partially filled in with the different types of costs for a firm. Based on the information in the table, what is the marginal cost of producing the second unit?", "local_stem": "The table below is partially filled in with the different types of costs for a firm. Based on the information in the\ntable, what is the marginal cost of producing the second unit?\nQuality\nVariable Cost\nFixed Cost\nTotal Cost\nAverage Total Cost", "web_options": [ "$50", "$60", "$70", "$90", "$180" ], "local_options": [ "", "", "", "", "" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/53003157210453212251.png" ], "answer": "A", "download_pdf_page": 20 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 67, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 67, "local_page": 23, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the average variable cost of producing 5 units of a good is $100 and the average variable cost of producing 6 units is $150, then the marginal cost of increasing output from 5 to 6 units is", "local_stem": "If the average variable cost of producing 5 units of a good is $100 and the average variable cost of producing 6 units\nis $150, then the marginal cost of increasing output from 5 to 6 units is", "web_options": [ "$50", "$250", "$300", "$400", "$500" ], "local_options": [ "$50", "$250", "$300", "$400", "$500" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 20 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 68, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 68, "local_page": 24, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A firm’s short-run production function uses capital and labor as inputs. Assume the quantity of capital is fixed in the short run. The marginal product of labor will decrease as more labor is used in the short run because each unit of labor will have", "local_stem": "A firm’s short-run production function uses capital and labor as inputs. Assume the quantity of capital is fixed in the\nshort run. The marginal product of labor will decrease as more labor is used in the short run because each unit of\nlabor will have", "web_options": [ "zero units of capital to work with", "fewer units of capital to work with", "an increase in the capital-to-labor ratio", "more units of capital to work with", "an infinite number of units of capital to work with" ], "local_options": [ "zero units of capital to work with", "fewer units of capital to work with", "an increase in the capital-to-labor ratio", "more units of capital to work with", "an infinite number of units of capital to work with" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 20 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 69, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 69, "local_page": 24, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The table above shows the various units of output that can be produced with different combinations of capital and labor. Which of the following statements is correct according to the information in the table?", "local_stem": "The table above shows the various units of output that can be produced with different combinations of capital and\nlabor. Which of the following statements is correct according to the information in the table?", "web_options": [ "In the long run, there are constant returns to scale.", "In the long run, there are increasing returns to scale.", "In the short run, the marginal product of capital is constant.", "In the short run, the marginal product of labor is constant.", "In the short run, the law of diminishing marginal returns does not hold." ], "local_options": [ "In the long run, there are constant returns to scale.", "In the long run, there are increasing returns to scale.", "In the short run, the marginal product of capital is constant.", "In the short run, the marginal product of labor is constant.", "In the short run, the law of diminishing marginal returns does not hold." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/61412059690870229176.png" ], "answer": "A", "download_pdf_page": 20 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 70, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 70, "local_page": 24, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.2463 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume the marginal product of labor first rises, reaches a maximum, and then falls. If the average product of labor is falling, which of the following is true?", "local_stem": "Assume the marginal product of labor first rises, reaches a maximum, and then falls. If the average product of labor\nis falling, which of the following is true?", "web_options": [ "The marginal product of labor is greater than the average product of labor.", "The level of output produced must be at its maximum.", "The marginal product of labor must be falling.", "The marginal product of labor must be negative.", "The average product of labor has not yet reached its maximum." ], "local_options": [ "The marginal product of labor is greater than the average product of labor.", "The level of output produced must be at its maximum.", "The marginal product of labor must be falling.", "The marginal product of labor must be negative.", "The average product of labor has not yet reached its maximum.\nThe following two questions refer to the data in the table below.\nA perfectly competitive firm operates with a fixed amount of capital that costs\nper day. Labor is the only variable\ninput. The firm hires labor in a perfectly competitive labor market at\nper day per worker. The table below shows the\nfirm’s production function.\nNumber of Workers Hired\nQuantity of Output (units)" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 21 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 71, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 71, "local_page": 25, "stem_similarity": 1.0, "option_similarities": [ 0.0, 0.0, 0.0, 0.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "What is the marginal product of the third worker?", "local_stem": "What is the marginal product of the third worker?", "web_options": [ "5", "10", "20", "24", "It cannot be determined from the information given." ], "local_options": [ "", "", "", "", "It cannot be determined from the information given." ], "web_passage": "The following two questions refer to the data in the table below. A perfectly competitive firm operates with a fixed amount of capital that costs per day. Labor is the only variable input. The firm hires labor in a perfectly competitive labor market at per day per worker. The table below shows the firm’s production function.", "web_images": [ "https://static.shanmaostar.com/default/ap/60710372393780655386.png" ], "answer": "D", "download_pdf_page": 21 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 72, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 72, "local_page": 25, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows the marginal product (MP) and the average product (AP) of labor for a firm that uses labor as the only variable input and hires its labor in a perfectly competitive market. At which quantity of labor does marginal cost change from decreasing to increasing?", "local_stem": "The graph above shows the marginal product (MP) and the average product (AP) of labor for a firm that uses labor\nas the only variable input and hires its labor in a perfectly competitive market. At which quantity of labor does\nmarginal cost change from decreasing to increasing?", "web_options": [ "L 1", "L 2", "L 3", "L 4", "L 5" ], "local_options": [ "L1", "L2", "L3", "L4", "L5" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/12772387092075504075.png" ], "answer": "B", "download_pdf_page": 22 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 73, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 73, "local_page": 26, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "When the marginal cost curve lies below the average total cost curve, it is true that as output increases", "local_stem": "When the marginal cost curve lies below the average total cost curve, it is true that as output increases", "web_options": [ "marginal cost is decreasing", "marginal cost is increasing", "average total cost is decreasing", "average total cost is increasing", "average variable cost is decreasing" ], "local_options": [ "marginal cost is decreasing", "marginal cost is increasing", "average total cost is decreasing", "average total cost is increasing", "average variable cost is decreasing" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 22 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 74, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 74, "local_page": 26, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements about cost is always true for both monopolies and perfectly competitive firms?", "local_stem": "Which of the following statements about cost is always true for both monopolies and perfectly competitive firms?", "web_options": [ "Average total cost equals marginal cost when average total cost is a minimum.", "Marginal cost decreases as production increases.", "Average fixed cost is equal to marginal cost when average fixed cost is a minimum.", "Average variable cost is equal to marginal cost when marginal cost is a minimum.", "Average variable cost decreases as production increases." ], "local_options": [ "Average total cost equals marginal cost when average total cost is a minimum.", "Marginal cost decreases as production increases.", "Average fixed cost is equal to marginal cost when average fixed cost is a minimum.", "Average variable cost is equal to marginal cost when marginal cost is a minimum.", "Average variable cost decreases as production increases." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 22 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 75, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 75, "local_page": 26, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Beyond a certain level of output, the short-run marginal cost will rise because", "local_stem": "Beyond a certain level of output, the short-run marginal cost will rise because", "web_options": [ "there is no fixed input and costs will increase", "at least one input is fixed and eventually diminishing returns will occur", "the cost of the variable input increases when marginal product increases", "the demand for the good decreases when production is limited", "input prices increase when production increases and consumption is limited" ], "local_options": [ "there is no fixed input and costs will increase", "at least one input is fixed and eventually diminishing returns will occur", "the cost of the variable input increases when marginal product increases", "the demand for the good decreases when production is limited", "input prices increase when production increases and consumption is limited" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 22 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 76, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 76, "local_page": 26, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A merger of two firms may increase economic efficiency by", "local_stem": "A merger of two firms may increase economic efficiency by", "web_options": [ "decreasing average total cost through an increase in economies of scale", "decreasing output to reduce marginal cost and equalize price", "increasing economic profits but decreasing consumer surplus", "increasing consumer surplus by decreasing economic profits", "increasing consumer surplus by shifting the demand curve for the product to the right" ], "local_options": [ "decreasing average total cost through an increase in economies of scale", "decreasing output to reduce marginal cost and equalize price", "increasing economic profits but decreasing consumer surplus", "increasing consumer surplus by decreasing economic profits", "increasing consumer surplus by shifting the demand curve for the product to the right" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 22 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 77, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 77, "local_page": 26, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the short run, a profit-maximizing firm, faced with U-shaped average cost curves, is producing a level of output at which the average total cost of production is minimized. At this level of output, which of the following is true for the firm?", "local_stem": "In the short run, a profit-maximizing firm, faced with U-shaped average cost curves, is producing a level of output\nat which the average total cost of production is minimized. At this level of output, which of the following is true for\nthe firm?", "web_options": [ "Marginal cost equals average fixed cost.", "Marginal cost equals average variable cost.", "Marginal cost equals average total cost.", "Profit per unit equals average total cost.", "Profit per unit equals marginal cost." ], "local_options": [ "Marginal cost equals average fixed cost.", "Marginal cost equals average variable cost.", "Marginal cost equals average total cost.", "Profit per unit equals average total cost.", "Profit per unit equals marginal cost." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 23 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 78, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 78, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If labor is the only variable input in the production process, the short-run marginal cost curve is upward sloping because which of the following occurs as more and more labor is added?", "local_stem": "If labor is the only variable input in the production process, the short-run marginal cost curve is upward sloping\nbecause which of the following occurs as more and more labor is added?", "web_options": [ "Output decreases, and thus marginal cost increases.", "Output increases, and thus marginal cost increases.", "Output increases at an increasing rate, and thus the cost of producing each additional unit of output increases.", "Output increases at a decreasing rate, and thus the cost of producing each additional unit of output increases.", "Output increases at a decreasing rate, and thus the cost of producing each additional unit of output decreases." ], "local_options": [ "Output decreases, and thus marginal cost increases.", "Output increases, and thus marginal cost increases.", "Output increases at an increasing rate, and thus the cost of producing each additional unit of output increases.", "Output increases at a decreasing rate, and thus the cost of producing each additional unit of output increases.", "Output increases at a decreasing rate, and thus the cost of producing each additional unit of output decreases." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 23 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 79, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 79, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of the marginal cost curve?", "local_stem": "Which of the following is true of the marginal cost curve?", "web_options": [ "It intersects the average variable cost curve and the average total cost curve at each curve’s minimum point.", "It intersects the average variable cost curve and the average fixed cost curve at each curve’s minimum point.", "It lies between the total cost curve and the total variable cost curve.", "It increases initially, for a time, but begins to decline when the point of diminishing returns is reached.", "It decreases, because average variable cost is less than marginal cost." ], "local_options": [ "It intersects the average variable cost curve and the average total cost curve at each curve’s minimum point.", "It intersects the average variable cost curve and the average fixed cost curve at each curve’s minimum point.", "It lies between the total cost curve and the total variable cost curve.", "It increases initially, for a time, but begins to decline when the point of diminishing returns is reached.", "It decreases, because average variable cost is less than marginal cost." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 23 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 80, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 80, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In microeconomics, the short run is defined as which of the following?", "local_stem": "In microeconomics, the short run is defined as which of the following?", "web_options": [ "A period that is less than one year", "A period that is between one year and four years", "A period that is too short for a firm to be able to change its level of output", "A period during which some inputs in a firm’s production process cannot be changed", "A period during which a firm’s fixed costs exceed its variable costs" ], "local_options": [ "A period that is less than one year", "A period that is between one year and four years", "A period that is too short for a firm to be able to change its level of output", "A period during which some inputs in a firm’s production process cannot be changed", "A period during which a firm’s fixed costs exceed its variable costs" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 23 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 81, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 81, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best explains why a firm’s short-run marginal cost curve shifts down when it purchases new, more efficient equipment and experiences an increase in its total cost?", "local_stem": "Which of the following best explains why a firm’s short-run marginal cost curve shifts down when it purchases\nnew, more efficient equipment and experiences an increase in its total cost?", "web_options": [ "The situation represents an exception to the law of diminishing returns.", "The average total cost curve shifts upward as a result of the equipment purchase, and there is a movement up along the marginal cost curve.", "The equipment purchase is a fixed cost, and the new equipment will cause a reduction in the cost of producing each additional unit.", "The average variable cost curve shifts upward as a result of the equipment purchase, and the marginal cost curve shifts downward.", "The marginal cost curve shifts downward because of the law of diminishing returns." ], "local_options": [ "The situation represents an exception to the law of diminishing returns.", "The average total cost curve shifts upward as a result of the equipment purchase, and there is a movement up\nalong the marginal cost curve.", "The equipment purchase is a fixed cost, and the new equipment will cause a reduction in the cost of\nproducing each additional unit.", "The average variable cost curve shifts upward as a result of the equipment purchase, and the marginal cost\ncurve shifts downward.", "The marginal cost curve shifts downward because of the law of diminishing returns." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 23 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 82, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 82, "local_page": 27, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the short run, which of the following costs must continuously decrease as output produced increases?", "local_stem": "In the short run, which of the following costs must continuously decrease as output produced increases?", "web_options": [ "Total variable cost", "Total fixed cost", "Average variable cost", "Average fixed cost", "Average total cost" ], "local_options": [ "Total variable cost", "Total fixed cost", "Average variable cost", "Average fixed cost", "Average total cost" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 24 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 83, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 83, "local_page": 28, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In most cases the supply curve for a perfectly competitive industry can be described as which of the following?", "local_stem": "In most cases the supply curve for a perfectly competitive industry can be described as which of the following?", "web_options": [ "More elastic in the short run than in the long run", "More elastic in the long run than in the short run", "Downward sloping in the short run", "Perfectly inelastic in the long run", "Perfectly elastic in the short run" ], "local_options": [ "More elastic in the short run than in the long run", "More elastic in the long run than in the short run", "Downward sloping in the short run", "Perfectly inelastic in the long run", "Perfectly elastic in the short run" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 24 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 84, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 84, "local_page": 28, "stem_similarity": 1.0, "option_similarities": [ 1.0, 0.9762, 1.0, 0.9831, 0.3445 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Based on the short-run production function graph above showing the relationship between the quantity of labor and total product, which of the following statements is true?", "local_stem": "Based on the short-run production function graph above showing the relationship between the quantity of labor and\ntotal product, which of the following statements is true?", "web_options": [ "The marginal product of labor is always increasing.", "At L 0 the marginal product of labor is at its maximum.", "Total product is maximized when marginal product is zero.", "At L 0 the marginal product of labor exceeds the average product of labor.", "The marginal product of labor is always positive." ], "local_options": [ "The marginal product of labor is always increasing.", "At\nthe marginal product of labor is at its maximum.", "Total product is maximized when marginal product is zero.", "At\nthe marginal product of labor exceeds the average product of labor.", "The marginal product of labor is always positive.\nThe following questions refer to the diagram below, which shows the short-run production function of a perfectly\ncompetitive firm that produces potatoes using one variable input, labor." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/50577530559620217942.png" ], "answer": "C", "download_pdf_page": 24 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 85, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 85, "local_page": 29, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "After which worker does diminishing marginal product first occur?", "local_stem": "After which worker does diminishing marginal product first occur?", "web_options": [ "Second worker", "Third worker", "Fourth worker", "Fifth worker", "Sixth worker" ], "local_options": [ "Second worker", "Third worker", "Fourth worker", "Fifth worker", "Sixth worker" ], "web_passage": "The following questions refer to the diagram below, which shows the short-run production function of a perfectly competitive firm that produces potatoes using one variable input, labor.", "web_images": [ "https://static.shanmaostar.com/default/ap/56277512704152682439.png" ], "answer": "A", "download_pdf_page": 25 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 86, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 86, "local_page": 29, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.3364 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "As its output increases, a firm’s short-run marginal cost will eventually increase because of", "local_stem": "As its output increases, a firm’s short-run marginal cost will eventually increase because of", "web_options": [ "diseconomies of scale", "a lower product price", "inefficient production", "the firm's need to break even", "diminishing returns" ], "local_options": [ "diseconomies of scale", "a lower product price", "inefficient production", "the firm's need to break even", "diminishing returns\nThe following questions refer to the graph below, which shows the cost curves of a firm." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 25 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 87, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 87, "local_page": 30, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the firm produces Q 1 units of output with two inputs, the firm will be experiencing which of the following in the short run and in the long run?", "local_stem": "If the firm produces Q1 units of output with two inputs, the firm will be experiencing which of the following in the\nshort run and in the long run?", "web_options": [ "Short Run Long Run Increasing marginal returns Economies of scale", "Short Run Long Run Increasing marginal returns Diseconomies of scale", "Short Run Long Run Diminishing marginal returns Economies of scale", "Short Run Long Run Diminishing marginal returns Diseconomies of scale", "Short Run Long Run Constant marginal returns Diseconomies of scale" ], "local_options": [ "Short Run\nLong Run\nIncreasing marginal returns\nEconomies of scale", "Short Run\nLong Run\nIncreasing marginal returns\nDiseconomies of scale", "Short Run\nLong Run\nDiminishing marginal returns\nEconomies of scale", "Short Run\nLong Run\nDiminishing marginal returns\nDiseconomies of scale", "Short Run\nLong Run\nConstant marginal returns\nDiseconomies of scale" ], "web_passage": "The following questions refer to the graph below, which shows the cost curves of a firm.", "web_images": [ "https://static.shanmaostar.com/default/ap/79838864635036583689.png" ], "answer": "C", "download_pdf_page": 25 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 88, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 88, "local_page": 31, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best describes the relationship between the average total cost curve and the marginal cost curve in the short run?", "local_stem": "Which of the following best describes the relationship between the average total cost curve and the marginal cost\ncurve in the short run?", "web_options": [ "If the average total cost curve is rising, the marginal cost curve is above the average total cost curve.", "If the average total cost curve is rising, the marginal cost curve is below the average total cost curve.", "If the average total cost curve is above the marginal cost curve, the marginal cost curve is rising.", "If the average total cost curve is below the marginal cost curve, the marginal cost curve is falling.", "If the average and marginal cost curves intersect, the marginal cost curve is at a minimum." ], "local_options": [ "If the average total cost curve is rising, the marginal cost curve is above the average total cost curve.", "If the average total cost curve is rising, the marginal cost curve is below the average total cost curve.", "If the average total cost curve is above the marginal cost curve, the marginal cost curve is rising.", "If the average total cost curve is below the marginal cost curve, the marginal cost curve is falling.", "If the average and marginal cost curves intersect, the marginal cost curve is at a minimum." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 26 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 89, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 89, "local_page": 31, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements about short-run costs is true?", "local_stem": "Which of the following statements about short-run costs is true?", "web_options": [ "Average fixed cost plus variable cost equals total cost.", "Average total cost plus average fixed cost equals average variable cost.", "Total fixed cost increases in constant increments as output produced increases.", "Total fixed cost plus total variable cost equals total cost.", "At low output levels, as output increases, total fixed cost and total variable cost decrease, reducing average total cost." ], "local_options": [ "Average fixed cost plus variable cost equals total cost.", "Average total cost plus average fixed cost equals average variable cost.", "Total fixed cost increases in constant increments as output produced increases.", "Total fixed cost plus total variable cost equals total cost.", "At low output levels, as output increases, total fixed cost and total variable cost decrease, reducing average\ntotal cost." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 26 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 90, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 90, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume a firm doubles its usage of each input, resulting in a doubling of the firm’s output. Which of the following describes this result?", "local_stem": "Assume a firm doubles its usage of each input, resulting in a doubling of the firm’s output. Which of the following\ndescribes this result?", "web_options": [ "Increasing total cost", "Diminishing marginal returns", "Decreasing returns to scale", "Constant returns to scale", "Increasing returns to scale" ], "local_options": [ "Increasing total cost", "Diminishing marginal returns", "Decreasing returns to scale", "Constant returns to scale", "Increasing returns to scale" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 27 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 91, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 91, "local_page": 32, "stem_similarity": 0.8433, "option_similarities": [ 0.56, 0.56, 0.5385, 0.5185, 0.5 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Suppose labor and capital can be hired in a competitive market. The wage is $15 per worker and the rental rate of capital is $10 per unit. Based on the table, what are the average variable cost ( AVC) and average total cost (ATC ) of producing 10 units of output?", "local_stem": "Number of Workers\nNumber of Units of Capital\nTotal Product (Quantity)\nSuppose labor and capital can be hired in a competitive market. The wage is\nper worker and the rental rate of capital\nis\nper unit. Based on the table, what are the average variable cost (\n) and average total cost (\n) of producing\nunits of output?", "web_options": [ "AVC is $5 and ATC is $12", "AVC is $6 and ATC is $11", "AVC is $15 and ATC is $25", "AVC is $60 and ATC is $110", "AVC is $105 and ATC is $175" ], "local_options": [ "is\nand\nis", "is\nand\nis", "is\nand\nis", "is\nand\nis", "is\nand\nis" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/71099178039636429628.png" ], "answer": "B", "download_pdf_page": 27 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 92, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 92, "local_page": 32, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following explains the difference between short-run and long-run costs?", "local_stem": "Which of the following explains the difference between short-run and long-run costs?", "web_options": [ "All costs are variable in the short run but not in the long run.", "All costs are fixed in the long run but not in the short run.", "All costs are variable in the long run but not in the short run.", "All costs are fixed in the short run but not in the long run.", "All costs are variable in the short run and fixed in the long run." ], "local_options": [ "All costs are variable in the short run but not in the long run.", "All costs are fixed in the long run but not in the short run.", "All costs are variable in the long run but not in the short run.", "All costs are fixed in the short run but not in the long run.", "All costs are variable in the short run and fixed in the long run." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 27 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 93, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 93, "local_page": 33, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a new tax on capital increases a firm’s fixed cost of production, which of the following will occur in the short run?", "local_stem": "If a new tax on capital increases a firm’s fixed cost of production, which of the following will occur in the short\nrun?", "web_options": [ "Marginal cost will increase.", "Average variable cost will increase.", "Average total cost will increase.", "The profit-maximizing level of output will increase.", "The profit-maximizing level of output will decrease." ], "local_options": [ "Marginal cost will increase.", "Average variable cost will increase.", "Average total cost will increase.", "The profit-maximizing level of output will increase.", "The profit-maximizing level of output will decrease." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 28 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 94, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 94, "local_page": 33, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A short-run production function shows the relationship between a firm’s inputs and the output it produces when the firm", "local_stem": "A short-run production function shows the relationship between a firm’s inputs and the output it produces when the\nfirm", "web_options": [ "does not vary any of its inputs", "has at least one fixed input", "varies all of its inputs", "has constant marginal cost", "has no fixed costs" ], "local_options": [ "does not vary any of its inputs", "has at least one fixed input", "varies all of its inputs", "has constant marginal cost", "has no fixed costs" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 28 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 95, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 95, "local_page": 33, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "When total physical product is at its maximum, marginal physical product must be", "local_stem": "When total physical product is at its maximum, marginal physical product must be", "web_options": [ "greater than one", "equal to one", "equal to zero", "less than zero", "constant" ], "local_options": [ "greater than one", "equal to one", "equal to zero", "less than zero", "constant" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 28 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 96, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 96, "local_page": 33, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If the price of a firm’s variable input increases, which of the following will occur?", "local_stem": "If the price of a firm’s variable input increases, which of the following will occur?", "web_options": [ "The firm will decrease its level of production.", "The price of the good will decrease in the short run.", "The firm’s marginal costs will decrease at every level of output.", "The firm’s average fixed cost will decrease.", "More firms will enter the industry in the long run." ], "local_options": [ "The firm will decrease its level of production.", "The price of the good will decrease in the short run.", "The firm’s marginal costs will decrease at every level of output.", "The firm’s average fixed cost will decrease.", "More firms will enter the industry in the long run." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 28 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 97, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 97, "local_page": 33, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "If a single firm can produce and supply an entire market at a lower unit cost than many small firms can, the long-run average total cost must be", "local_stem": "If a single firm can produce and supply an entire market at a lower unit cost than many small firms can, the long-run\naverage total cost must be", "web_options": [ "increasing as firm size increases", "remaining constant as firm size increases", "decreasing as the firm’s output increases", "inelastic due to specialization", "constant and equal to marginal cost" ], "local_options": [ "increasing as firm size increases", "remaining constant as firm size increases", "decreasing as the firm’s output increases", "inelastic due to specialization", "constant and equal to marginal cost" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 28 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 98, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 98, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An increase in which of the following will cause a firm’s marginal cost curve to shift upward?", "local_stem": "An increase in which of the following will cause a firm’s marginal cost curve to shift upward?", "web_options": [ "The price of a variable input", "The price of a fixed input", "The level of output", "Labor productivity", "The demand for the firm’s product" ], "local_options": [ "The price of a variable input", "The price of a fixed input", "The level of output", "Labor productivity", "The demand for the firm’s product" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 29 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 99, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 99, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "When marginal product exceeds average product, which of the following must be true?", "local_stem": "When marginal product exceeds average product, which of the following must be true?", "web_options": [ "Average product is increasing.", "Average product is decreasing.", "Marginal product is increasing.", "Total product is decreasing.", "Total product is at its maximum." ], "local_options": [ "Average product is increasing.", "Average product is decreasing.", "Marginal product is increasing.", "Total product is decreasing.", "Total product is at its maximum." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 29 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 100, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 100, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following best explains why the short-run average total cost curve is U-shaped?", "local_stem": "Which of the following best explains why the short-run average total cost curve is U-shaped?", "web_options": [ "Spreading total fixed costs over a larger output, and constant returns", "Spreading total fixed costs over a larger output, and eventually diminishing returns", "Increasing total fixed costs and increasing returns", "Increasing average variable costs and decreasing returns", "Decreasing average variable costs and increasing returns" ], "local_options": [ "Spreading total fixed costs over a larger output, and constant returns", "Spreading total fixed costs over a larger output, and eventually diminishing returns", "Increasing total fixed costs and increasing returns", "Increasing average variable costs and decreasing returns", "Decreasing average variable costs and increasing returns" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 29 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 101, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 101, "local_page": 34, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Technological advances will lead to", "local_stem": "Technological advances will lead to", "web_options": [ "an increase in marginal utility", "a decrease in average total costs", "a decrease in net exports", "an increase in marginal costs", "diseconomies of scale" ], "local_options": [ "an increase in marginal utility", "a decrease in average total costs", "a decrease in net exports", "an increase in marginal costs", "diseconomies of scale" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 29 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 102, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 102, "local_page": 35, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above shows the cost curves for a competitive firm that produces 20 units of output. What are the total cost and the total fixed cost of producing 20 units of output?", "local_stem": "The graph above shows the cost curves for a competitive firm that produces 20 units of output. What are the total\ncost and the total fixed cost of producing 20 units of output?", "web_options": [ "Total Cost Total Fixed Cost $10 $0", "Total Cost Total Fixed Cost $120 100", "Total Cost Total Fixed Cost $120 $20", "Total Cost Total Fixed Cost $200 $100", "Total Cost Total Fixed Cost $200 $20" ], "local_options": [ "Total Cost\nTotal Fixed Cost\n$10\n$0", "Total Cost\nTotal Fixed Cost\n$120\n100", "Total Cost\nTotal Fixed Cost\n$120\n$20", "Total Cost\nTotal Fixed Cost\n$200\n$100", "Total Cost\nTotal Fixed Cost\n$200\n$20" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/89770609535077521268.png" ], "answer": "C", "download_pdf_page": 29 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 1, "web_number": 103, "local_file": "unit 3 production function/production function MCQ.pdf", "local_number": 103, "local_page": 36, "stem_similarity": 0.8389, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Given the production schedule above, what is the maximum number of workers the firm can hire before the effects of diminishing marginal returns set in?", "local_stem": "Number of Workers\nQuantity of Output\n0\n0\n1\n10\n2\n25\n3\n35\n4\n40\n5\n42\nGiven the production schedule above, what is the maximum number of workers the firm can hire before the effects\nof diminishing marginal returns set in?", "web_options": [ "1", "2", "3", "4", "5" ], "local_options": [ "1", "2", "3", "4", "5" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/85419680687204486664.png" ], "answer": "B", "download_pdf_page": 30 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 1, "local_file": "unit 3 production function/frq.pdf", "local_number": 1, "local_page": 1, "stem_similarity": 0.9873, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Allura’s Little Robotics Company for different quantities of Good S sold. Allura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit. Calculate the average fixed cost of producing 2 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good S is -0.5, and the cross-price elasticity of demand for toy robots with respect to the price of Good S is 0.8. Based on your answer to part (e), what will happen to the demand for toy robots? Explain. Now assume that the market in which Allura’s Little Robotics Company operates is in long-run equilibrium at a price $65 of per unit. (i) Suppose shipping costs per order for Allura’s Little Robotics Company decrease. Will the profit maximizing quantity of Good S for Allura’s Little Robotics Company increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price ceiling of $60 on the market for Good S. Will total economic surplus in the market for Good S increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Allura’s Little Robotics Company for different quantities of Good S sold.\nQuantity\nTotal Cost\nAllura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve\nand an upward-sloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good S is\n, and the cross-price elasticity of demand for toy robots with\nrespect to the price of Good S is\n. Based on your answer to part (e), what will happen to the demand for toy robots?\nExplain.\n(g) Now assume that the market in which Allura’s Little Robotics Company operates is in long-run equilibrium at a price\nof\nper unit.\n(i) Suppose shipping costs per order for Allura’s Little Robotics Company decrease. Will the profit-maximizing quantity\nof Good S for Allura’s Little Robotics Company increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price ceiling of\non the market for Good S. Will total economic surplus\nin the market for Good S increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Allura’s Little Robotics Company for different quantities of Good S sold. Allura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/77232897000268987553.png" ], "answer": null, "download_pdf_page": 31 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 2, "local_file": "unit 3 production function/frq.pdf", "local_number": 2, "local_page": 2, "stem_similarity": 0.9946, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Assume that in a perfectly competitive market, a firm's costs and revenues are marginal cost = average variable cost at $20 marginal cost = average total cost at $30 marginal cost = average revenue at $25 How will this firm determine the profit maximizing level of output? What price will this firm charge? Explain how the firm determined this price. Should this firm produce in the short run? Why or why not? Will this firm earn a profit or incur a loss? Why?", "local_stem": "Assume that in a perfectly competitive market, a firm's costs and revenues are\nmarginal cost = average variable cost at $20\nmarginal cost = average total cost at $30\nmarginal cost = average revenue at $25\na. How will this firm determine the profit maximizing level of output?\nb. What price will this firm charge? Explain how the firm determined this price.\nc. Should this firm produce in the short run? Why or why not?\nd. Will this firm earn a profit or incur a loss? Why?", "web_options": [], "local_options": [], "web_passage": "Assume that in a perfectly competitive market, a firm's costs and revenues are marginal cost = average variable cost at $20 marginal cost = average total cost at $30 marginal cost = average revenue at $25", "web_images": [], "answer": null, "download_pdf_page": 32 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 3, "local_file": "unit 3 production function/frq.pdf", "local_number": 3, "local_page": 3, "stem_similarity": 0.9982, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "In answering the question, you should emphasize the line of reasoning that generated your results; it is not enough to list the results of your analysis. Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. Bestmilk, a typical profit-maximizing dairy firm, is operating in a constant-cost, perfectly competitive industry that is in long-run equilibrium. Draw correctly labeled side-by -side graphs for the dairy market and for Bestmilk and show each of the following. i. Price and output for the industry ii. Price and output for Bestmilk Assume that milk is a normal good and that consumer income falls. Assume that Bestmilk continues to produce. On your graphs in part (a), show the effect of the decrease in income on each of the following in the short run. i. Price and output for the industry ii. Price and output for Bestmilk iii. Area of loss or profit for Bestmilk Following the decrease in consumer income, what must be true for Bestmilk to continue to produce in the short run? Assume that the industry adjusts to a new long-run equilibrium. Compare the following between the initial and the new long-run equilibrium. i. Price in the industry ii. Output of a typical firm iii. The number of firms in the dairy industry", "local_stem": "In answering the question, you should emphasize the line of reasoning that generated your results; it is not enough to list\nthe results of your analysis. Include correctly labeled diagrams, if useful or required, in explaining your answers. A\ncorrectly labeled diagram must have all axes and curves clearly labeled and must show directional changes.\nBestmilk, a typical profit-maximizing dairy firm, is operating in a constant-cost, perfectly competitive industry that is in\nlong-run equilibrium.\na. Draw correctly labeled side-by-side graphs for the dairy market and for Bestmilk and show each of the\nfollowing.\ni. Price and output for the industry\nii. Price and output for Bestmilk\nb. Assume that milk is a normal good and that consumer income falls. Assume that Bestmilk continues to produce.\nOn your graphs in part (a), show the effect of the decrease in income on each of the following in the short run.\ni. Price and output for the industry\nii. Price and output for Bestmilk\niii. Area of loss or profit for Bestmilk\nc. Following the decrease in consumer income, what must be true for Bestmilk to continue to produce in the short\nrun?\nd. Assume that the industry adjusts to a new long-run equilibrium. Compare the following between the initial and\nthe new long-run equilibrium.\ni. Price in the industry\nii. Output of a typical firm\niii. The number of firms in the dairy industry", "web_options": [], "local_options": [], "web_passage": "In answering the question, you should emphasize the line of reasoning that generated your results; it is not enough to list the results of your analysis. Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. Bestmilk, a typical profit-maximizing dairy firm, is operating in a constant-cost, perfectly competitive industry that is in long-run equilibrium.", "web_images": [], "answer": null, "download_pdf_page": 32 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 4, "local_file": "unit 3 production function/frq.pdf", "local_number": 4, "local_page": 4, "stem_similarity": 0.996, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Brody’s firm produces trumpets in a perfectly competitive market. The table below shows Brody’s total variable cost. He has a fixed cost of $240, and the price per trumpet is $60. Calculate the average total cost of producing 6 trumpets. Show your work. Calculate the marginal cost of producing the 11th trumpet. What is Brody’s profit-maximizing quantity? Use marginal analysis to explain your answer. At the profit-maximizing quantity you determined in part (c), calculate Brody’s profit or loss. Show your work. Brody also produces saxophones at a loss in a perfectly competitive market. Draw a correctly labeled graph for Brody’s firm showing the following at a market price of $200. i. Brody’s profit-maximizing quantity of saxophones ii. Brody’s loss, completely shaded", "local_stem": "Brody’s firm produces trumpets in a perfectly competitive market. The table below shows Brody’s total variable cost. He\nhas a fixed cost of $240, and the price per trumpet is $60.\na. Calculate the average total cost of producing 6 trumpets. Show your work.\nb. Calculate the marginal cost of producing the 11th trumpet.\nc. What is Brody’s profit-maximizing quantity? Use marginal analysis to explain your answer.\nd. At the profit-maximizing quantity you determined in part (c), calculate Brody’s profit or loss. Show your work.\ne. Brody also produces saxophones at a loss in a perfectly competitive market. Draw a correctly labeled graph for\nBrody’s firm showing the following at a market price of $200.\ni. Brody’s profit-maximizing quantity of saxophones\nii. Brody’s loss, completely shaded", "web_options": [], "local_options": [], "web_passage": "Brody’s firm produces trumpets in a perfectly competitive market. The table below shows Brody’s total variable cost. He has a fixed cost of $240, and the price per trumpet is $60.", "web_images": [ "https://static.shanmaostar.com/default/ap/91922240337343680556.png" ], "answer": null, "download_pdf_page": 33 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 5, "local_file": "unit 3 production function/frq.pdf", "local_number": 5, "local_page": 5, "stem_similarity": 0.9886, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Dave’s General Store for different quantities of Good X sold. Dave’s General Store sells Good X in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $120 per unit. Calculate the average fixed cost of producing 5 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good X is 2.5, and the cross-price elasticity of demand for shoes with respect to the price of Good X is -0.4. Based on your answer to part (e), what will happen to the demand for shoes? Explain. Now assume that the market in which Dave’s General Store operates is in long-run equilibrium. (i) Suppose the rent paid by Dave’s General Store decreases. Will Dave’s General Store’s profit-maximizing quantity of Good X increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose Dave’s General Store hires labor in a perfectly competitive market and the market wage increases.  Will Dave’s General Store’s profit-maximizing quantity of Good X increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Dave’s General Store for different quantities of Good X sold.\nQuantity\nTotal Cost\nDave’s General Store sells Good X in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good X is\n, and the cross-price elasticity of demand for shoes with respect to\nthe price of Good X is\n. Based on your answer to part (e), what will happen to the demand for shoes? Explain.\n(g) Now assume that the market in which Dave’s General Store operates is in long-run equilibrium.\n(i) Suppose the rent paid by Dave’s General Store decreases. Will Dave’s General Store’s profit-maximizing quantity of\nGood X increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose Dave’s General Store hires labor in a perfectly competitive market and the market wage increases.\nWill Dave’s General Store’s profit-maximizing quantity of Good X increase, decrease, or stay the same in the short run?\nExplain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Dave’s General Store for different quantities of Good X sold. Dave’s General Store sells Good X in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $120 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/86072717216658119145.png" ], "answer": null, "download_pdf_page": 34 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 6, "local_file": "unit 3 production function/frq.pdf", "local_number": 6, "local_page": 6, "stem_similarity": 0.9964, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": " Assume that a firm uses capital as a fixed factor of production and uses labor as a variable factor. The marginal product of labor at first increases and then decreases with the amount of labor. Using a correctly labeled graph, draw and identify the firm's average total cost curve (ATC), average variable cost curve (AVC), and marginal cost curve (MC). Given your graph in part (a), answer each of the following. i. Why is the MC shaped as it is? ii. What does the difference between the AVC and the ATC represent? Define economies of scale. Draw a long-run average total cost curve that has a region of economies of scale followed by a region of diseconomies of scale, as output increases.", "local_stem": "Assume that a firm uses capital as a fixed factor of production and uses labor as a variable factor. The marginal product of\nlabor at first increases and then decreases with the amount of labor.\na. Using a correctly labeled graph, draw and identify the firm's average total cost curve (ATC), average variable\ncost curve (AVC), and marginal cost curve (MC).\nb. Given your graph in part (a), answer each of the following.\ni. Why is the MC shaped as it is?\nii. What does the difference between the AVC and the ATC represent?\nc. Define economies of scale.\nd. Draw a long-run average total cost curve that has a region of economies of scale followed by a region of\ndiseconomies of scale, as output increases.", "web_options": [], "local_options": [], "web_passage": "", "web_images": [], "answer": null, "download_pdf_page": 35 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 7, "local_file": "unit 3 production function/frq.pdf", "local_number": 7, "local_page": 7, "stem_similarity": 0.982, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Emily’s Eye Care Store for different quantities of Good M sold. Emily’s Eye Care Store sells Good M in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $33 per unit, and the total fixed cost is $30. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing 6 units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good M is 1.4, and the cross-price elasticity of demand for eyeglasses with respect to the price of Good M is -0.75. Based on your answer to part (e), what will happen to the demand for eyeglasses? Explain. Now assume that the market in which Emily’s Eye Care Store operates is in long-run equilibrium at a price of $30 per unit. (i) Suppose annual property taxes for Emily’s Eye Care Store increase by $2,000. Will the profit-maximizing quantity of Good M for Emily’s Eye Care Store increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price floor at $35 on the market for Good M. Will deadweight loss in the market for Good M increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Emily’s Eye Care Store for different quantities of Good M sold.\nQuantity\nTotal Variable Cost\nEmily’s Eye Care Store sells Good M in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is\nper unit, and the total fixed cost is\n.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing\nunits. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good M is\n, and the cross-price elasticity of demand for eyeglasses with\nrespect to the price of Good M is\n. Based on your answer to part (e), what will happen to the demand for\neyeglasses? Explain.\n(g) Now assume that the market in which Emily’s Eye Care Store operates is in long-run equilibrium at a price of\nper\nunit.\n(i) Suppose annual property taxes for Emily’s Eye Care Store increase by\n. Will the profit-maximizing quantity of\nGood M for Emily’s Eye Care Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price floor at\non the market for Good M. Will deadweight loss in the\nmarket for Good M increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Emily’s Eye Care Store for different quantities of Good M sold. Emily’s Eye Care Store sells Good M in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $33 per unit, and the total fixed cost is $30.", "web_images": [ "https://static.shanmaostar.com/default/ap/57474514586693303788.png" ], "answer": null, "download_pdf_page": 35 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 8, "local_file": "unit 3 production function/frq.pdf", "local_number": 8, "local_page": 9, "stem_similarity": 0.9894, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Faizah’s Manufacturing Firm for different quantities of Good G sold. Faizah’s Manufacturing Firm sells Good G in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $32 per unit. Calculate the average fixed cost of producing 8 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good G is -3, and the cross-price elasticity of demand for gizmos with respect to the price of Good G is 0.1. Based on your answer to part (e), what will happen to the demand for gizmos? Explain. Now assume that the market in which Faizah’s Manufacturing Firm operates is in long-run equilibrium at a price of $35 per unit. (i) Suppose the government imposes a price floor at $30 per unit on the market for Good G. Will consumer surplus in the market for Good G increase, decrease, or stay the same in the short run as a result of the price floor? Explain. (ii) Suppose instead the cost of energy, a variable cost for Faizah’s Manufacturing Firm, decreases. Will the profit maximizing quantity of Good G for Faizah’s Manufacturing Firm increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Faizah’s Manufacturing Firm for different quantities of Good G sold.\nQuantity\nTotal Cost\nFaizah’s Manufacturing Firm sells Good G in a perfectly competitive market with a downward-sloping demand curve and\nan upward-sloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good G is\n, and the cross-price elasticity of demand for gizmos with respect to\nthe price of Good G is\n. Based on your answer to part (e), what will happen to the demand for gizmos? Explain.\n(g) Now assume that the market in which Faizah’s Manufacturing Firm operates is in long-run equilibrium at a price of\n$35 per unit.\n(i) Suppose the government imposes a price floor at $30 per unit on the market for Good G. Will consumer surplus in the\nmarket for Good G increase, decrease, or stay the same in the short run as a result of the price floor? Explain.\n(ii) Suppose instead the cost of energy, a variable cost for Faizah’s Manufacturing Firm, decreases. Will the profit-\nmaximizing quantity of Good G for Faizah’s Manufacturing Firm increase, decrease, or stay the same in the short run?\nExplain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Faizah’s Manufacturing Firm for different quantities of Good G sold. Faizah’s Manufacturing Firm sells Good G in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $32 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/01974402850885056769.png" ], "answer": null, "download_pdf_page": 36 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 9, "local_file": "unit 3 production function/frq.pdf", "local_number": 9, "local_page": 11, "stem_similarity": 0.9895, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Hank’s Clothing Emporium for different quantities of Good A sold. Hank’s Clothing Emporium sells Good A in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $60 per unit. Calculate the average fixed cost of producing 5 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good A is -2, and the cross-price elasticity of demand for khaki pants with respect to the price of Good A is 0.8. Based on your answer to part (e), what will happen to the demand for khaki pants? Explain. Now assume that the market in which Hank’s Clothing Emporium operates is in long-run equilibrium. (i) Suppose the rent paid by Hank’s Clothing Emporium increases. Will Hank’s Clothing Emporium’s profit-maximizing quantity of Good A increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose Hank’s Clothing Emporium hires labor in a perfectly competitive market and the market wage decreases. Will Hank’s Clothing Emporium’s profit-maximizing quantity of Good A increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Hank’s Clothing Emporium for different quantities of Good A sold.\nQuantity\nTotal Cost\nHank’s Clothing Emporium sells Good A in a perfectly competitive market with a downward-sloping demand curve and\nan upward-sloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good A is\n, and the cross-price elasticity of demand for khaki pants with\nrespect to the price of Good A is\n. Based on your answer to part (e), what will happen to the demand for khaki pants?\nExplain.\n(g) Now assume that the market in which Hank’s Clothing Emporium operates is in long-run equilibrium.\n(i) Suppose the rent paid by Hank’s Clothing Emporium increases. Will Hank’s Clothing Emporium’s profit-maximizing\nquantity of Good A increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose Hank’s Clothing Emporium hires labor in a perfectly competitive market and the market wage\ndecreases. Will Hank’s Clothing Emporium’s profit-maximizing quantity of Good A increase, decrease, or stay the same\nin the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Hank’s Clothing Emporium for different quantities of Good A sold. Hank’s Clothing Emporium sells Good A in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $60 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/61596601296063753450.png" ], "answer": null, "download_pdf_page": 38 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 10, "local_file": "unit 3 production function/frq.pdf", "local_number": 10, "local_page": 13, "stem_similarity": 0.9853, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Julia’s Accessories Store for different quantities of Good E sold. Julia’s Accessories Store sells Good E in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit, and the total fixed cost is $152. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing 8 units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good E is -1.2, and the cross-price elasticity of demand for bracelets with respect to the price of Good E is 0.6. Based on your answer to part (e), what will happen to the demand for bracelets? Explain. Now assume that the market in which Julia’s Accessories Store operates is in long-run equilibrium. (i) Suppose the market demand for Good E decreases. Will the profit-maximizing quantity of Good E for Julia’s Accessories Store increase, decrease, or stay the same in the short run? Explain. (ii) Suppose instead the wages that Julia’s Accessories Store pays its workers increase. Will the profit-maximizing quantity of Good E for Julia’s Accessories Store increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Julia’s Accessories Store for different quantities of Good E sold.\nQuantity\nTotal Variable Cost\nJulia’s Accessories Store sells Good E in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is\nper unit, and the total fixed cost is\n.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing\nunits. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good E is\n, and the cross-price elasticity of demand for bracelets with\nrespect to the price of Good E is\n. Based on your answer to part (e), what will happen to the demand for bracelets?\nExplain.\n(g) Now assume that the market in which Julia’s Accessories Store operates is in long-run equilibrium.\n(i) Suppose the market demand for Good E decreases. Will the profit-maximizing quantity of Good E for Julia’s\nAccessories Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Suppose instead the wages that Julia’s Accessories Store pays its workers increase. Will the profit-maximizing\nquantity of Good E for Julia’s Accessories Store increase, decrease, or stay the same in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Julia’s Accessories Store for different quantities of Good E sold. Julia’s Accessories Store sells Good E in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit, and the total fixed cost is $152.", "web_images": [ "https://static.shanmaostar.com/default/ap/35390052635270581782.png" ], "answer": null, "download_pdf_page": 39 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 11, "local_file": "unit 3 production function/frq.pdf", "local_number": 11, "local_page": 15, "stem_similarity": 0.982, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Karen’s Kaleidoscope Store for different quantities of Good N sold. Karen’s Kaleidoscope Store sells Good N in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $80 per unit, and the total fixed cost is $300. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing 3 units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good N is -1.8, and the cross-price elasticity of demand for kaleidoscopes with respect to the price of Good N is -0.5. Based on your answer to part (e), what will happen to the demand for kaleidoscopes? Explain. Now assume that the market in which Karen’s Kaleidoscope Store operates is in long-run equilibrium at a price of $85 per unit. (i) Suppose annual property taxes for Karen’s Kaleidoscope Store decrease by $2,500. Will the profit-maximizing quantity of Good N for Karen’s Kaleidoscope Store increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price floor at $75 on the market for Good N. Will deadweight loss in the market for Good N increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Karen’s Kaleidoscope Store for different quantities of Good N\nsold.\nQuantity\nTotal Variable Cost\nKaren’s Kaleidoscope Store sells Good N in a perfectly competitive market with a downward-sloping demand curve and\nan upward-sloping supply curve. The market price is\nper unit, and the total fixed cost is\n.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing\nunits. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good N is\n, and the cross-price elasticity of demand for kaleidoscopes with\nrespect to the price of Good N is\n.Based on your answer to part (e), what will happen to the demand for\nkaleidoscopes? Explain.\n(g) Now assume that the market in which Karen’s Kaleidoscope Store operates is in long-run equilibrium at a price of\nper unit.\n(i) Suppose annual property taxes for Karen’s Kaleidoscope Store decrease by\n. Will the profit-maximizing\nquantity of Good N for Karen’s Kaleidoscope Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price floor at\non the market for Good N. Will deadweight loss in the\nmarket for Good N increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Karen’s Kaleidoscope Store for different quantities of Good N sold. Karen’s Kaleidoscope Store sells Good N in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $80 per unit, and the total fixed cost is $300.", "web_images": [ "https://static.shanmaostar.com/default/ap/38512858296984264822.png" ], "answer": null, "download_pdf_page": 40 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 12, "local_file": "unit 3 production function/frq.pdf", "local_number": 12, "local_page": 17, "stem_similarity": 0.9764, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Kiyoshi’s Clothing Store for different quantities of Good F sold. Kiyoshi’s Clothing Store sells Good F in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $60 per unit. Calculate the average fixed cost of producing 4 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good F is 3, and the cross-price elasticity of demand for gloves with respect to the price of Good F is 0.5. Based on your answer to part (e), what will happen to the demand for gloves? Explain. Now assume that the market in which Kiyoshi’s Clothing Store operates is in long-run equilibrium at a price of $50 per unit. (i) Suppose the government imposes a price floor at $55 per unit on the market for Good F. Will consumer surplus in the market for Good F increase, decrease, or stay the same in the short run as a result of the price floor? Explain. (ii) Suppose instead the cost of energy, a variable cost for Kiyoshi’s Clothing Store, increases. Will the profit-maximizing quantity of Good F for Kiyoshi’s Clothing Store increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Kiyoshi’s Clothing Store for different quantities of Good F sold.\nQuantity\nTotal Cost\n0\n$8\n1\n$18\n2\n$32\n3\n$48\n4\n$72\n5\n$104\n6\n$144\n7\n$192\n8\n$248\n9\n$312\n10\n$384\nKiyoshi’s Clothing Store sells Good F in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is $60 per unit.\n(a) Calculate the average fixed cost of producing 4 units. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good F is 3, and the cross-price elasticity of demand for gloves with respect to the\nprice of Good F is 0.5. Based on your answer to part (e), what will happen to the demand for gloves? Explain.\n(g) Now assume that the market in which Kiyoshi’s Clothing Store operates is in long-run equilibrium at a price of $50\nper unit.\n(i) Suppose the government imposes a price floor at $55 per unit on the market for Good F. Will consumer surplus in the\nmarket for Good F increase, decrease, or stay the same in the short run as a result of the price floor? Explain.\n(ii) Suppose instead the cost of energy, a variable cost for Kiyoshi’s Clothing Store, increases. Will the profit-maximizing\nquantity of Good F for Kiyoshi’s Clothing Store increase, decrease, or stay the same in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Kiyoshi’s Clothing Store for different quantities of Good F sold. Kiyoshi’s Clothing Store sells Good F in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $60 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/49856820403939983102.png" ], "answer": null, "download_pdf_page": 41 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 13, "local_file": "unit 3 production function/frq.pdf", "local_number": 13, "local_page": 19, "stem_similarity": 0.9757, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Lynda’s Office Supply Store for different quantities of Good P sold. Lynda’s Office Supply Store sells Good P in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $45 per unit. Calculate the average fixed cost of producing 4 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good P is 1.8, and the cross-price elasticity of demand for chair mats with respect to the price of Good P is 0.9. Based on your answer to part (e), what will happen to the demand for chair mats? Explain. Now assume that the market in which Lynda’s Office Supply Store operates is in long-run equilibrium at a price of $40 per unit. (i) Suppose shipping costs per order for Lynda’s Office Supply Store increase. Will the profit-maximizing quantity of Good P for Lynda’s Office Supply Store increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price ceiling of $50 on the market for Good P. Will total economic surplus in the market for Good P increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Lynda’s Office Supply Store for different quantities of Good P sold.\nQuantity\nTotal Cost\n0\n$12\n1\n$22\n2\n$52\n3\n$102\n4\n$172\n5\n$252\n6\n$342\n7\n$442\n8\n$552\n9\n$672\n10\n$802\nLynda’s Office Supply Store sells Good P in a perfectly competitive market with a downward-sloping demand curve and\nan upward-sloping supply curve. The market price is $45 per unit.\n(a) Calculate the average fixed cost of producing 4 units. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good P is 1.8, and the cross-price elasticity of demand for chair mats with respect\nto the price of Good P is 0.9. Based on your answer to part (e), what will happen to the demand for chair mats? Explain.\n(g) Now assume that the market in which Lynda’s Office Supply Store operates is in long-run equilibrium at a price of\n$40 per unit.\n(i) Suppose shipping costs per order for Lynda’s Office Supply Store increase. Will the profit-maximizing quantity of\nGood P for Lynda’s Office Supply Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price ceiling of $50 on the market for Good P. Will total economic surplus\nin the market for Good P increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Lynda’s Office Supply Store for different quantities of Good P sold. Lynda’s Office Supply Store sells Good P in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $45 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/17216151519761126119.png" ], "answer": null, "download_pdf_page": 42 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 14, "local_file": "unit 3 production function/frq.pdf", "local_number": 14, "local_page": 20, "stem_similarity": 0.9977, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": " Assume that pencils are manufactured in a perfectly competitive market that is in long-run equilibrium. Draw correctly labeled side-by-side graphs for the pencil market and for a representative firm and show each of the following. i. The market price and quantity, labeled P M and Q M , respectively ii. The firm’s profit-maximizing price and quantity, labeled P F and Q F , respectively What is the relationship between P M and P F ? Explain. Rent on the factory building is an important fixed cost in the production of pencils, and the industry experiences significant increases in rent. i. What will happen to the firm’s profit-maximizing quantity in the short run? Explain. ii. On your graph in part (a), show the impact of the rent increase and completely shade the area representing the firm’s profit or loss in the short run. As a result of the rent increase, what will happen to each of the following in the long run? I. The number of firms in the market. Explain. II. The market equilibrium quantity relative to Q M and the market equilibrium price relative to PM. Explain.", "local_stem": "Assume that pencils are manufactured in a perfectly competitive market that is in long-run equilibrium.\na. Draw correctly labeled side-by-side graphs for the pencil market and for a representative firm and show each of\nthe following.\ni. The market price and quantity, labeled PM and QM, respectively\nii. The firm’s profit-maximizing price and quantity, labeled PF and QF, respectively\nb. What is the relationship between PM and PF? Explain.\nc. Rent on the factory building is an important fixed cost in the production of pencils, and the industry experiences\nsignificant increases in rent.\ni. What will happen to the firm’s profit-maximizing quantity in the short run? Explain.\nii. On your graph in part (a), show the impact of the rent increase and completely shade the area\nrepresenting the firm’s profit or loss in the short run.\nd. As a result of the rent increase, what will happen to each of the following in the long run?\nI. The number of firms in the market. Explain.\nII. The market equilibrium quantity relative to QM and the market equilibrium price relative to PM.\nExplain.", "web_options": [], "local_options": [], "web_passage": "", "web_images": [], "answer": null, "download_pdf_page": 44 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 15, "local_file": "unit 3 production function/frq.pdf", "local_number": 15, "local_page": 21, "stem_similarity": 0.9625, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. A firm’s short-run production function shows the relationship between the firm’s input and output. Assume the firm uses one variable input, labor, and one fixed input, capital. The following table shows short-run production function for a firm that produces widgets. Calculate the marginal product of the sixth worker. Show your work. Does the production function exhibit diminishing returns to labor? Explain. When marginal product is falling, what happens to marginal cost? On a single correctly labeled graph, draw the firm’s short-run average total cost curve (ATC), average variable cost curve (AVC), and marginal cost curve (MC).", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,”\nyou must show how you arrived at your final answer.\nA firm’s short-run production function shows the relationship between the firm’s input and output. Assume the firm uses\none variable input, labor, and one fixed input, capital. The following table shows short-run production function for a firm\nthat produces widgets.\nQuantity of Labor\nTotal Product\n0\n0\n1\n6\n2\n14\n3\n24\n4\n32\n5\n39\n6\n42\n(a) Calculate the marginal product of the sixth worker. Show your work.\n(b) Does the production function exhibit diminishing returns to labor? Explain.\n(c) When marginal product is falling, what happens to marginal cost?\n(d) On a single correctly labeled graph, draw the firm’s short-run average total cost curve\n, average variable cost\ncurve\n, and marginal cost curve\n.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. A firm’s short-run production function shows the relationship between the firm’s input and output. Assume the firm uses one variable input, labor, and one fixed input, capital. The following table shows short-run production function for a firm that produces widgets.", "web_images": [ "https://static.shanmaostar.com/default/ap/27125053697270045527.png" ], "answer": null, "download_pdf_page": 44 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 16, "local_file": "unit 3 production function/frq.pdf", "local_number": 16, "local_page": 22, "stem_similarity": 0.9702, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. Assume that Jasmine is a typical firm that produces and sells T-shirts in a perfectly competitive constant-cost industry. The market is currently in long-run equilibrium. The market price is $5, and Jasmine’s marginal cost at each level of output is listed in the table below. What is Jasmine’s profit-maximizing quantity of output? Explain. Draw a correctly labeled graph for Jasmine, and show Jasmine’s total revenue at the profit-maximizing quantity, shaded completely. Now assume consumer demand for T-shirts increases. What will happen to the number of firms in the market in the long run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,”\nyou must show how you arrived at your final answer.\nAssume that Jasmine is a typical firm that produces and sells T-shirts in a perfectly competitive constant-cost industry.\nThe market is currently in long-run equilibrium. The market price is $5, and Jasmine’s marginal cost at each level of\noutput is listed in the table below.\nQuantity of Output\nMarginal Cost\n0\n0\n1\n2\n2\n3\n3\n4\n4\n5\n5\n6\n6\n7\n(a) What is Jasmine’s profit-maximizing quantity of output? Explain.\n(b) Draw a correctly labeled graph for Jasmine, and show Jasmine’s total revenue at the profit-maximizing quantity,\nshaded completely.\n(c) Now assume consumer demand for T-shirts increases. What will happen to the number of firms in the market in the\nlong run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. Assume that Jasmine is a typical firm that produces and sells T-shirts in a perfectly competitive constant-cost industry. The market is currently in long-run equilibrium. The market price is $5, and Jasmine’s marginal cost at each level of output is listed in the table below.", "web_images": [ "https://static.shanmaostar.com/default/ap/65067579998645131859.png" ], "answer": null, "download_pdf_page": 45 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 17, "local_file": "unit 3 production function/frq.pdf", "local_number": 17, "local_page": 23, "stem_similarity": 0.9735, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Raskin’s Clothing Store for different quantities of Good D sold. Raskin’s Clothing Store sells Good D in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $150 per unit, and the total fixed cost is $85. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing 10 units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good D is 1.2, and the cross-price elasticity of demand for dresses with respect to the price of Good D is 0.2. Based on your answer to part (e), what will happen to the demand for dresses? Explain. Now assume that the market in which Raskin’s Clothing Store operates is in long-run equilibrium. (i) Suppose the market demand for Good D increases. Will the profit-maximizing quantity of Good D for Raskin’s Clothing Store increase, decrease, or stay the same in the short run? Explain. (ii) Suppose instead the wages that Raskin’s Clothing Store pays its workers decrease. Will the profit-maximizing quantity of Good D for Raskin’s Clothing Store increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Raskin’s Clothing Store for different quantities of Good D sold.\nQuantity\nTotal Variable Cost\n1\n$50\n2\n$105\n3\n$161\n4\n$218\n5\n$276\n6\n$335\n7\n$410\n8\n$540\n9\n$695\n10\n$875\nRaskin’s Clothing Store sells Good D in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is $150 per unit, and the total fixed cost is $85.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing 10 units. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good D is 1.2, and the cross-price elasticity of demand for dresses with respect to\nthe price of Good D is 0.2. Based on your answer to part (e), what will happen to the demand for dresses? Explain.\n(g) Now assume that the market in which Raskin’s Clothing Store operates is in long-run equilibrium.\n(i) Suppose the market demand for Good D increases. Will the profit-maximizing quantity of Good D for Raskin’s\nClothing Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Suppose instead the wages that Raskin’s Clothing Store pays its workers decrease. Will the profit-maximizing quantity\nof Good D for Raskin’s Clothing Store increase, decrease, or stay the same in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Raskin’s Clothing Store for different quantities of Good D sold. Raskin’s Clothing Store sells Good D in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $150 per unit, and the total fixed cost is $85.", "web_images": [ "https://static.shanmaostar.com/default/ap/71197504921681609030.png" ], "answer": null, "download_pdf_page": 45 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 18, "local_file": "unit 3 production function/frq.pdf", "local_number": 18, "local_page": 25, "stem_similarity": 0.9849, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Saif’s General Store for different quantities of Good C sold. Saif’s General Store sells Good C in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $90 per unit, and the total fixed cost is $275. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good C is -1.5, and the cross-price elasticity of demand for hats with respect to the price of Good C is -0.6. Based on your answer to part (e), what will happen to the demand for hats? Explain. Now assume that the market in which Saif’s General Store operates is in long-run equilibrium. (i) Suppose the market demand for Good C decreases. Will the profit-maximizing quantity of Good C for Saif’s General Store increase, decrease, or stay the same in the short run? Explain. (ii) Suppose instead the wages that Saif’s General Store pays its workers increase. Will the profit-maximizing quantity of Good C for Saif’s General Store increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Saif’s General Store for different quantities of Good C sold.\nQuantity\nTotal Variable Cost\nSaif’s General Store sells Good C in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is\nper unit, and the total fixed cost is\n.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing\nunits. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good C is\n, and the cross-price elasticity of demand for hats with respect to\nthe price of Good C is\n. Based on your answer to part (e), what will happen to the demand for hats? Explain.\n(g) Now assume that the market in which Saif’s General Store operates is in long-run equilibrium.\n(i) Suppose the market demand for Good C decreases. Will the profit-maximizing quantity of Good C for Saif’s General\nStore increase, decrease, or stay the same in the short run? Explain.\n(ii) Suppose instead the wages that Saif’s General Store pays its workers increase. Will the profit-maximizing quantity of\nGood C for Saif’s General Store increase, decrease, or stay the same in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Saif’s General Store for different quantities of Good C sold. Saif’s General Store sells Good C in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $90 per unit, and the total fixed cost is $275.", "web_images": [ "https://static.shanmaostar.com/default/ap/19730166558031775964.png" ], "answer": null, "download_pdf_page": 47 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 19, "local_file": "unit 3 production function/frq.pdf", "local_number": 19, "local_page": 27, "stem_similarity": 0.9861, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Sarah’s Tool Store for different quantities of Good J sold. Sarah’s Tool Store sells Good J in a perfectly competitive market with a downward-sloping demand curve and an upward sloping supply curve. The market price is $42 per unit. Calculate the average fixed cost of producing 5 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good J is -1.4, and the cross-price elasticity of demand for widgets with respect to the price of Good J is -0.25. Based on your answer to part (e), what will happen to the demand for widgets? Explain. Now assume that the market in which Sarah’s Tool Store operates is in long-run equilibrium at a price of $45 per unit. (i) Suppose the government imposes a price floor at $40 per unit on the market for Good J. Will consumer surplus in the market for Good J increase, decrease, or stay the same in the short run as a result of the price floor? Explain. (ii) Suppose instead the cost of energy, a variable cost for Sarah’s Tool Store, decreases. Will the profit-maximizing quantity of Good J for Sarah’s Tool Store increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Sarah’s Tool Store for different quantities of Good J sold.\nQuantity\nTotal Cost\nSarah’s Tool Store sells Good J in a perfectly competitive market with a downward-sloping demand curve and an upward-\nsloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good J is\n, and the cross-price elasticity of demand for widgets with respect\nto the price of Good J is\n. Based on your answer to part (e), what will happen to the demand for widgets? Explain.\n(g) Now assume that the market in which Sarah’s Tool Store operates is in long-run equilibrium at a price of\nper unit.\n(i) Suppose the government imposes a price floor at\nper unit on the market for Good J. Will consumer surplus in the\nmarket for Good J increase, decrease, or stay the same in the short run as a result of the price floor? Explain.\n(ii) Suppose instead the cost of energy, a variable cost for Sarah’s Tool Store, decreases. Will the profit-maximizing\nquantity of Good J for Sarah’s Tool Store increase, decrease, or stay the same in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Sarah’s Tool Store for different quantities of Good J sold. Sarah’s Tool Store sells Good J in a perfectly competitive market with a downward-sloping demand curve and an upward sloping supply curve. The market price is $42 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/97709539323937266331.png" ], "answer": null, "download_pdf_page": 48 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 20, "local_file": "unit 3 production function/frq.pdf", "local_number": 20, "local_page": 28, "stem_similarity": 0.9948, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "The graph above shows the short-run cost structure of a firm in a perfectly competitive industry. Identify the cost curves that are denoted by each of the following labels. i. Curve 1 ii. Curve 2 iii. Curve 3 Explain why curve 1 does each of the following as output increases. i. Initially decreases ii. Finally increases What measure of cost is represented by the vertical distance between curve 2 and curve 3 ? Explain why the vertical distance between curve 2 and curve 3 decreases as output increases. Using the letters on the graph, identify two points on the firm’s short-run supply curve.", "local_stem": "The graph above shows the short-run cost structure of a firm in a perfectly competitive industry.\na. Identify the cost curves that are denoted by each of the following labels.\ni. Curve 1\nii. Curve 2\niii. Curve 3\nb. Explain why curve 1 does each of the following as output increases.\ni. Initially decreases\nii. Finally increases\nc. What measure of cost is represented by the vertical distance between curve 2 and curve 3 ?\nd. Explain why the vertical distance between curve 2 and curve 3 decreases as output increases.\ne. Using the letters on the graph, identify two points on the firm’s short-run supply curve.", "web_options": [], "local_options": [], "web_passage": "The graph above shows the short-run cost structure of a firm in a perfectly competitive industry.", "web_images": [ "https://static.shanmaostar.com/default/ap/50288649394130142088.png" ], "answer": null, "download_pdf_page": 49 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 21, "local_file": "unit 3 production function/frq.pdf", "local_number": 21, "local_page": 30, "stem_similarity": 0.9864, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Sophia’s Lighting Store for different quantities of Good H sold. Sophia’s Lighting Store sells Good H in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $140 per unit. Calculate the average fixed cost of producing 2 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good H is 1.3, and the cross-price elasticity of demand for desk lamps with respect to the price of Good H is -0.9. Based on your answer to part (e), what will happen to the demand for desk lamps? Explain. Now assume that the market in which Sophia’s Lighting Store operates is in long-run equilibrium at a price of $130 per unit. (i) Suppose the government imposes a price floor at $150 per unit on the market for Good H. Will consumer surplus in the market for Good H increase, decrease, or stay the same in the short run as a result of the price floor? Explain. (ii) Suppose instead the cost of energy, a variable cost for Sophia’s Lighting Store, increases. Will the profit-maximizing quantity of Good H for Sophia’s Lighting Store increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Sophia’s Lighting Store for different quantities of Good H sold.\nQuantity\nTotal Cost\nSophia’s Lighting Store sells Good H in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good H is\n, and the cross-price elasticity of demand for desk lamps with\nrespect to the price of Good H is\n. Based on your answer to part (e), what will happen to the demand for desk lamps?\nExplain.\n(g) Now assume that the market in which Sophia’s Lighting Store operates is in long-run equilibrium at a price of\nper unit.\n(i) Suppose the government imposes a price floor at\nper unit on the market for Good H. Will consumer surplus in\nthe market for Good H increase, decrease, or stay the same in the short run as a result of the price floor? Explain.\n(ii) Suppose instead the cost of energy, a variable cost for Sophia’s Lighting Store, increases. Will the profit-maximizing\nquantity of Good H for Sophia’s Lighting Store increase, decrease, or stay the same in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Sophia’s Lighting Store for different quantities of Good H sold. Sophia’s Lighting Store sells Good H in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $140 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/23467713126439601323.png" ], "answer": null, "download_pdf_page": 50 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 22, "local_file": "unit 3 production function/frq.pdf", "local_number": 22, "local_page": 32, "stem_similarity": 0.9889, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Surisitee’s Sporting Goods Store for different quantities of Good Y sold. Surisitee’s Sporting Goods Store sells Good Y in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $40 per unit. Calculate the average fixed cost of producing 2 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good Y is -2.5, and the cross-price elasticity of demand for basketballs with respect to the price of Good Y is-0.8 . Based on your answer to part (e), what will happen to the demand for basketballs? Explain. Now assume that the market in which Surisitee’s Sporting Goods Store operates is in long-run equilibrium. (i) Suppose the rent paid by Surisitee’s Sporting Goods Store increases. Will Surisitee’s Sporting Goods Store’s profit maximizing quantity of Good Y increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose Surisitee’s Sporting Goods Store hires labor in a perfectly competitive market and the market wage decreases. Will Surisitee’s Sporting Goods Store’s profit-maximizing quantity of Good Y increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Surisitee’s Sporting Goods Store for different quantities of Good Y sold.\nQuantity\nTotal Cost\nSurisitee’s Sporting Goods Store sells Good Y in a perfectly competitive market with a downward-sloping demand curve\nand an upward-sloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good Y is\n, and the cross-price elasticity of demand for basketballs with\nrespect to the price of Good Y is\n. Based on your answer to part (e), what will happen to the demand for basketballs?\nExplain.\n(g) Now assume that the market in which Surisitee’s Sporting Goods Store operates is in long-run equilibrium.\n(i) Suppose the rent paid by Surisitee’s Sporting Goods Store increases. Will Surisitee’s Sporting Goods Store’s profit-\nmaximizing quantity of Good Y increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose Surisitee’s Sporting Goods Store hires labor in a perfectly competitive market and the market wage\ndecreases. Will Surisitee’s Sporting Goods Store’s profit-maximizing quantity of Good Y increase, decrease, or stay the\nsame in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Surisitee’s Sporting Goods Store for different quantities of Good Y sold. Surisitee’s Sporting Goods Store sells Good Y in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $40 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/43194579654289597301.png" ], "answer": null, "download_pdf_page": 51 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 23, "local_file": "unit 3 production function/frq.pdf", "local_number": 23, "local_page": 34, "stem_similarity": 0.9822, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Steve’s Home Appliances Store for different quantities of Good L sold. Steve’s Home Appliances Store sells Good L in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $80 per unit, and the total fixed cost is $145. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing 5 units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good L is -0.8, and the cross-price elasticity of demand for coffee machines with respect to the price of Good L is 0.25. Based on your answer to part (e), what will happen to the demand for coffee machines? Explain. Now assume that the market in which Steve’s Home Appliances Store operates is in long-run equilibrium at a price of $90 per unit. (i) Suppose annual property taxes for Steve’s Home Appliances Store decrease by $7,000. Will the profit-maximizing quantity of Good L for Steve’s Home Appliances Store increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price floor at $70 on the market for Good L. Will deadweight loss in the market for Good L increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Steve’s Home Appliances Store for different quantities of Good L\nsold.\nQuantity\nTotal Variable Cost\nSteve’s Home Appliances Store sells Good L in a perfectly competitive market with a downward-sloping demand curve\nand an upward-sloping supply curve. The market price is\nper unit, and the total fixed cost is\n.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing\nunits. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good L is\n, and the cross-price elasticity of demand for coffee machines\nwith respect to the price of Good L is\n. Based on your answer to part (e), what will happen to the demand for coffee\nmachines? Explain.\n(g) Now assume that the market in which Steve’s Home Appliances Store operates is in long-run equilibrium at a price of\nper unit.\n(i) Suppose annual property taxes for Steve’s Home Appliances Store decrease by\n. Will the profit-maximizing\nquantity of Good L for Steve’s Home Appliances Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price floor at\non the market for Good L. Will deadweight loss in the\nmarket for Good L increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Steve’s Home Appliances Store for different quantities of Good L sold. Steve’s Home Appliances Store sells Good L in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $80 per unit, and the total fixed cost is $145.", "web_images": [ "https://static.shanmaostar.com/default/ap/24429868491047439999.png" ], "answer": null, "download_pdf_page": 52 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 24, "local_file": "unit 3 production function/frq.pdf", "local_number": 24, "local_page": 36, "stem_similarity": 0.987, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Susie’s Diner for different quantities of Good Q sold. Susie’s Diner sells Good Q in a perfectly competitive market with a downward-sloping demand curve and an upward sloping supply curve. The market price is $8 per unit. Calculate the average fixed cost of producing 2 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good Q is -1.3, and the cross-price elasticity of demand for cheeseburgers with respect to the price of Good Q is -0.3. Based on your answer to part (e), what will happen to the demand for cheeseburgers? Explain. Now assume that the market in which Susie’s Diner operates is in long-run equilibrium at a price of $10 per unit. (i) Suppose delivery costs per order for Susie’s Diner decrease. Will the profit-maximizing quantity of Good Q for Susie’s Diner increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price ceiling of $6 on the market for Good Q. Will total economic surplus in the market for Good Q increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Susie’s Diner for different quantities of Good Q sold.\nQuantity\nTotal Cost\nSusie’s Diner sells Good Q in a perfectly competitive market with a downward-sloping demand curve and an upward-\nsloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good Q is\n, and the cross-price elasticity of demand for cheeseburgers with\nrespect to the price of Good Q is\n. Based on your answer to part (e), what will happen to the demand for\ncheeseburgers? Explain.\n(g) Now assume that the market in which Susie’s Diner operates is in long-run equilibrium at a price of\nper unit.\n(i) Suppose delivery costs per order for Susie’s Diner decrease. Will the profit-maximizing quantity of Good Q for Susie’s\nDiner increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price ceiling of\non the market for Good Q. Will total economic surplus\nin the market for Good Q increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Susie’s Diner for different quantities of Good Q sold. Susie’s Diner sells Good Q in a perfectly competitive market with a downward-sloping demand curve and an upward sloping supply curve. The market price is $8 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/55415927678860788802.png" ], "answer": null, "download_pdf_page": 53 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 25, "local_file": "unit 3 production function/frq.pdf", "local_number": 25, "local_page": 38, "stem_similarity": 0.9848, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Tom’s Toy Store for different quantities of Good B sold. Tom’s Toy Store sells Good B in a perfectly competitive market with a downward-sloping demand curve and an upward sloping supply curve. The market price is $21 per unit, and the total fixed cost is $50. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing 4 units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good B is 1.5, and the cross-price elasticity of demand for teddy bears with respect to the price of Good B is -0.2. Based on your answer to part (e), what will happen to the demand for teddy bears? Explain. Now assume that the market in which Tom’s Toy Store operates is in long-run equilibrium. (i) Suppose the market demand for Good B increases. Will the profit-maximizing quantity of Good B for Tom’s Toy Store increase, decrease, or stay the same in the short run? Explain. (ii) Suppose instead the wages that Tom’s Toy Store pays its workers decrease. Will the profit-maximizing quantity of Good B for Tom’s Toy Store increase, decrease, or stay the same in the short run? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Tom’s Toy Store for different quantities of Good B sold.\nQuantity\nTotal Variable Cost\nTom’s Toy Store sells Good B in a perfectly competitive market with a downward-sloping demand curve and an upward-\nsloping supply curve. The market price is\nper unit, and the total fixed cost is\n.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing\nunits. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good B is\n, and the cross-price elasticity of demand for teddy bears with\nrespect to the price of Good B is\n. Based on your answer to part (e), what will happen to the demand for teddy bears?\nExplain.\n(g) Now assume that the market in which Tom’s Toy Store operates is in long-run equilibrium.\n(i) Suppose the market demand for Good B increases. Will the profit-maximizing quantity of Good B for Tom’s Toy Store\nincrease, decrease, or stay the same in the short run? Explain.\n(ii) Suppose instead the wages that Tom’s Toy Store pays its workers decrease. Will the profit-maximizing quantity of\nGood B for Tom’s Toy Store increase, decrease, or stay the same in the short run? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Tom’s Toy Store for different quantities of Good B sold. Tom’s Toy Store sells Good B in a perfectly competitive market with a downward-sloping demand curve and an upward sloping supply curve. The market price is $21 per unit, and the total fixed cost is $50.", "web_images": [ "https://static.shanmaostar.com/default/ap/63926286243784840122.png" ], "answer": null, "download_pdf_page": 54 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 26, "local_file": "unit 3 production function/frq.pdf", "local_number": 26, "local_page": 39, "stem_similarity": 0.9967, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Umbrellas are produced by a perfectly competitive, constant-cost industry. In the short run, the equilibrium price is $7 per umbrella and the typical firm is operating with a loss. The typical firm has the total cost function shown in the table below. Using a correctly labeled graph, draw the demand curve for a typical firm in this industry. Using the data above, determine each of the following for the typical firm. i. Total fixed cost ii. The loss-minimizing level of output iii. The value of losses at the output level you found in part (b)(ii) Explain why the typical firm chooses to operate despite incurring a loss in the short run. If the total cost per day remains unchanged in the long run, what is the long-run equilibrium price for umbrellas?", "local_stem": "Umbrellas are produced by a perfectly competitive, constant-cost industry. In the short run, the equilibrium price is $7 per\numbrella and the typical firm is operating with a loss. The typical firm has the total cost function shown in the table\nbelow.\na. Using a correctly labeled graph, draw the demand curve for a typical firm in this industry.\nb. Using the data above, determine each of the following for the typical firm.\ni. Total fixed cost\nii. The loss-minimizing level of output\niii. The value of losses at the output level you found in part (b)(ii)\nc. Explain why the typical firm chooses to operate despite incurring a loss in the short run.\nd. If the total cost per day remains unchanged in the long run, what is the long-run equilibrium price for umbrellas?", "web_options": [], "local_options": [], "web_passage": "Umbrellas are produced by a perfectly competitive, constant-cost industry. In the short run, the equilibrium price is $7 per umbrella and the typical firm is operating with a loss. The typical firm has the total cost function shown in the table below.", "web_images": [ "https://static.shanmaostar.com/default/ap/52311051468773252465.png" ], "answer": null, "download_pdf_page": 55 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 27, "local_file": "unit 3 production function/frq.pdf", "local_number": 27, "local_page": 40, "stem_similarity": 0.995, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": " For each of the following statements, indicate whether it is true, false, or uncertain and explain why. Average total cost is always greater than average variable cost by a constant amount. In the short run, a perfectly competitive firm always maximizes profit when average total cost is at minimum. If a firm shuts down in the short run, its profits will equal zero.", "local_stem": "For each of the following statements, indicate whether it is true, false, or uncertain and explain why.\na. Average total cost is always greater than average variable cost by a constant amount.\nb. In the short run, a perfectly competitive firm always maximizes profit when average total cost is at minimum.\nc. If a firm shuts down in the short run, its profits will equal zero.", "web_options": [], "local_options": [], "web_passage": "", "web_images": [], "answer": null, "download_pdf_page": 56 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 28, "local_file": "unit 3 production function/frq.pdf", "local_number": 28, "local_page": 41, "stem_similarity": 0.9745, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Waldo’s Electronics Store for different quantities of Good K sold. Waldo’s Electronics Store sells Good K in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $75 per unit, and the total fixed cost is $42. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work. Calculate the average fixed cost of producing 7 units. Show your work. Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good K is 0.5, and the cross-price elasticity of demand for televisions with respect to the price of Good K is 0.3. Based on your answer to part (e), what will happen to the demand for televisions? Explain. Now assume that the market in which Waldo’s Electronics Store operates is in long-run equilibrium at a price of $70 per unit. (i) Suppose annual property taxes for Waldo’s Electronics Store increase by $5,000. Will the profit-maximizing quantity of Good K for Waldo’s Electronics Store increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price floor at $90 on the market for Good K. Will deadweight loss in the market for Good K increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total variable costs faced by Waldo’s Electronics Store for different quantities of Good K sold.\nQuantity\nTotal Variable Cost\n1\n$60\n2\n$123\n3\n$187\n4\n$254\n5\n$323\n6\n$405\n7\n$489\n8\n$579\n9\n$675\n10\n$777\nWaldo’s Electronics Store sells Good K in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is $75 per unit, and the total fixed cost is $42.\n(a) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(b) Calculate the economic profit at the profit-maximizing quantity you identified in part (a). Show your work.\n(c) Calculate the average fixed cost of producing 7 units. Show your work.\n(d) Based on your answer to part (b), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (b), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good K is 0.5, and the cross-price elasticity of demand for televisions with\nrespect to the price of Good K is 0.3. Based on your answer to part (e), what will happen to the demand for televisions?\nExplain.\n(g) Now assume that the market in which Waldo’s Electronics Store operates is in long-run equilibrium at a price of $70\nper unit.\n(i) Suppose annual property taxes for Waldo’s Electronics Store increase by $5,000. Will the profit-maximizing quantity\nof Good K for Waldo’s Electronics Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price floor at $90 on the market for Good K. Will deadweight loss in the\nmarket for Good K increase, decrease, or stay the same in the short run as a result of the price floor? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total variable costs faced by Waldo’s Electronics Store for different quantities of Good K sold. Waldo’s Electronics Store sells Good K in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $75 per unit, and the total fixed cost is $42.", "web_images": [ "https://static.shanmaostar.com/default/ap/97134925697492152878.png" ], "answer": null, "download_pdf_page": 56 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 29, "local_file": "unit 3 production function/frq.pdf", "local_number": 29, "local_page": 43, "stem_similarity": 0.9733, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. Wrightway has a local monopoly on transportation services from Burginville’s city center to its airport. Wrightway’s average variable cost and marginal cost for each trip are constant at $8. Wrightway incurs a $20 cost each day regardless of the number of trips it provides. The table above shows the price per trip that Wrightway can charge for different numbers of trips provided in a day. Calculate the profit-maximizing number of trips for Wrightway to provide each day. Show your work. What is the allocatively efficient number of trips per day? Suppose the Burginville City Council is considering two proposals to get Wrightway to reduce deadweight loss from the provision of rides. • Proposal I: Grant a $35 daily subsidy to Wrightway • Proposal II: Grant a $5 per trip subsidy to Wrightway (i) How many trips would Wrightway provide each day under Proposal I? (ii) How many trips would Wrightway provide each day under Proposal II? (iii) Which of the two proposals is preferable to the Burginville City Council? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram\nmust have all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nNumber\nof\nTrips\nPrice per\nTrip\n($)\nTotal\nRevenue\n($)\nWrightway has a local monopoly on transportation services from Burginville’s city center to its airport. Wrightway’s\naverage variable cost and marginal cost for each trip are constant at\n. Wrightway incurs a\ncost each day regardless\nof the number of trips it provides. The table above shows the price per trip that Wrightway can charge for different\nnumbers of trips provided in a day.\n(a) Calculate the profit-maximizing number of trips for Wrightway to provide each day. Show your work.\n(b) What is the allocatively efficient number of trips per day?\n(c) Suppose the Burginville City Council is considering two proposals to get Wrightway to reduce deadweight loss from\nthe provision of rides.\n• Proposal : Grant a\ndaily subsidy to Wrightway\n• Proposal\n: Grant a\nper trip subsidy to Wrightway\n(i) How many trips would Wrightway provide each day under Proposal ?\n(ii) How many trips would Wrightway provide each day under Proposal\n?\n(iii) Which of the two proposals is preferable to the Burginville City Council? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. Wrightway has a local monopoly on transportation services from Burginville’s city center to its airport. Wrightway’s average variable cost and marginal cost for each trip are constant at $8. Wrightway incurs a $20 cost each day regardless of the number of trips it provides. The table above shows the price per trip that Wrightway can charge for different numbers of trips provided in a day.", "web_images": [ "https://static.shanmaostar.com/default/ap/26049047773221094788.png" ], "answer": null, "download_pdf_page": 57 }, { "bank_id": "80", "bank": "unit 3 production function", "section": 2, "web_number": 30, "local_file": "unit 3 production function/frq.pdf", "local_number": 30, "local_page": 45, "stem_similarity": 0.9871, "option_similarities": [], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Yotti’s Craft Store for different quantities of Good R sold. Yotti’s Craft Store sells Good R in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $12 per unit. Calculate the average fixed cost of producing 4 units. Show your work. Identify the profit-maximizing quantity. Explain using marginal analysis. Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work. Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the long run? Explain. Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain. The income elasticity of demand for Good R is 0.8, and the cross-price elasticity of demand for balls of yarn with respect to the price of Good R is -0.1. Based on your answer to part (e), what will happen to the demand for balls of yarn? Explain. Now assume that the market in which Yotti’s Craft Store operates is in long-run equilibrium at a price of $10 per unit. (i) Suppose shipping costs per order for Yotti’s Craft Store increase. Will the profit-maximizing quantity of Good R for Yotti’s Craft Store increase, decrease, or stay the same in the short run? Explain. (ii) Instead suppose the government imposes a price ceiling of $15 on the market for Good R. Will total economic surplus in the market for Good R increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "local_stem": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must\nhave all axes and curves clearly labeled and must show directional changes. If the question prompts you to\n“Calculate,” you must show how you arrived at your final answer.\nThe table below shows the total costs faced by Yotti’s Craft Store for different quantities of Good R sold.\nQuantity\nTotal Cost\nYotti’s Craft Store sells Good R in a perfectly competitive market with a downward-sloping demand curve and an\nupward-sloping supply curve. The market price is\nper unit.\n(a) Calculate the average fixed cost of producing\nunits. Show your work.\n(b) Identify the profit-maximizing quantity. Explain using marginal analysis.\n(c) Calculate the economic profit at the profit-maximizing quantity you identified in part (b). Show your work.\n(d) Based on your answer to part (c), will the number of firms in the industry increase, decrease, or stay the same in the\nlong run? Explain.\n(e) Based on your answer to part (c), will the market price increase, decrease, or stay the same in the long run? Explain.\n(f) The income elasticity of demand for Good R is\n, and the cross-price elasticity of demand for balls of yarn with\nrespect to the price of Good R is\n. Based on your answer to part (e), what will happen to the demand for balls of\nyarn? Explain.\n(g) Now assume that the market in which Yotti’s Craft Store operates is in long-run equilibrium at a price of\nper unit.\n(i) Suppose shipping costs per order for Yotti’s Craft Store increase. Will the profit-maximizing quantity of Good R for\nYotti’s Craft Store increase, decrease, or stay the same in the short run? Explain.\n(ii) Instead suppose the government imposes a price ceiling of\non the market for Good R. Will total economic surplus\nin the market for Good R increase, decrease, or stay the same in the short run as a result of the price ceiling? Explain.", "web_options": [], "local_options": [], "web_passage": "Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. If the question prompts you to “Calculate,” you must show how you arrived at your final answer. The table below shows the total costs faced by Yotti’s Craft Store for different quantities of Good R sold. Yotti’s Craft Store sells Good R in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $12 per unit.", "web_images": [ "https://static.shanmaostar.com/default/ap/50839738701579554655.png" ], "answer": null, "download_pdf_page": 59 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 1, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 1, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "An industry consists of 100 small firms, and the largest firm accounts for only 2 percent of sales. Brand names are considered a signal of quality. The industry described is best classified as", "local_stem": "An industry consists of 100 small firms, and the largest firm accounts for only 2 percent of sales. Brand names are\nconsidered a signal of quality. The industry described is best classified as", "web_options": [ "monopoly", "perfectly competitive", "monopolistically competitive", "oligopolistic", "monopsonistic" ], "local_options": [ "monopoly", "perfectly competitive", "monopolistically competitive", "oligopolistic", "monopsonistic" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 1 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 2, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 2, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of both monopolistically competitive and perfectly competitive firms in long-run equilibrium?", "local_stem": "Which of the following is true of both monopolistically competitive and perfectly competitive firms in long-run\nequilibrium?", "web_options": [ "Marginal revenue equals average total cost.", "Marginal cost equals average total cost.", "Price equals average total cost.", "Price is greater than marginal cost.", "Production occurs at minimum average total cost." ], "local_options": [ "Marginal revenue equals average total cost.", "Marginal cost equals average total cost.", "Price equals average total cost.", "Price is greater than marginal cost.", "Production occurs at minimum average total cost." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 1 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 3, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 3, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A monopolistically competitive firm advertises in order to", "local_stem": "A monopolistically competitive firm advertises in order to", "web_options": [ "shift the demand curve for its product to the left.", "make the demand for its product less price elastic", "make its product more similar to its competitors'", "increase its positive externalities", "reduce the industry's barriers to entry" ], "local_options": [ "shift the demand curve for its product to the left.", "make the demand for its product less price elastic", "make its product more similar to its competitors'", "increase its positive externalities", "reduce the industry's barriers to entry" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 1 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 4, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 4, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In monopolistic competition, a goal of advertising is to", "local_stem": "In monopolistic competition, a goal of advertising is to", "web_options": [ "reduce a firm’s short-run average total cost", "minimize a firm’s long-run average total cost", "make a firm’s demand curve more elastic", "make a firm’s demand curve less elastic", "shift a firm’s demand curve to the left" ], "local_options": [ "reduce a firm’s short-run average total cost", "minimize a firm’s long-run average total cost", "make a firm’s demand curve more elastic", "make a firm’s demand curve less elastic", "shift a firm’s demand curve to the left" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 1 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 5, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 5, "local_page": 1, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A monopolistically competitive profit-maximizing firm is currently producing and selling 2,000 units of output. At this output level, marginal revenue is $9, average revenue is $10, and the average variable cost is $8. The product price is", "local_stem": "A monopolistically competitive profit-maximizing firm is currently producing and selling 2,000 units of output. At\nthis output level, marginal revenue is $9, average revenue is $10, and the average variable cost is $8. The product\nprice is", "web_options": [ "$8", "$9", "$10", "greater than $10", "less than $8" ], "local_options": [ "$8", "$9", "$10", "greater than $10", "less than $8" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 1 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 6, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 6, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Assume that a monopolistically competitive firm is currently maximizing profit with an output of 100 units and a price of $50. Which of the following is true?", "local_stem": "Assume that a monopolistically competitive firm is currently maximizing profit with an output of 100 units and a\nprice of $50. Which of the following is true?", "web_options": [ "Total revenue is maximized when the firm produces 100 units of output.", "Marginal revenue equals $50 when the firm produces 100 units of output.", "Marginal cost is greater than marginal revenue when the firm produces 150 units of output.", "Marginal cost is minimized when the firm produces 100 units of output.", "Average total cost is minimized when the firm produces 100 units of output." ], "local_options": [ "Total revenue is maximized when the firm produces 100 units of output.", "Marginal revenue equals $50 when the firm produces 100 units of output.", "Marginal cost is greater than marginal revenue when the firm produces 150 units of output.", "Marginal cost is minimized when the firm produces 100 units of output.", "Average total cost is minimized when the firm produces 100 units of output." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 2 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 7, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 7, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 0.56 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "A well-known fast-food franchise substantially increases the price of its hamburgers, and loses only some of its customers. Which of the following best explains why the franchise has not lost all of its customers", "local_stem": "A well-known fast-food franchise substantially increases the price of its hamburgers, and loses only some of its\ncustomers. Which of the following best explains why the franchise has not lost all of its customers", "web_options": [ "Its hamburgers are a perfect substitute for other types of fast food.", "Its hamburgers are differentiated.", "The demand for its hamburgers is perfectly elastic.", "The other competitive fast-food restaurants decrease the price for their hamburgers.", "The barriers to entry are very low for entrepreneurs trying to enter the fast-food business." ], "local_options": [ "Its hamburgers are a perfect substitute for other types of fast food.", "Its hamburgers are differentiated.", "The demand for its hamburgers is perfectly elastic.", "The other competitive fast-food restaurants decrease the price for their hamburgers.", "The barriers to entry are very low for entrepreneurs trying to enter the fast-food business.\nThe Question refers to the following graph, which shows the cost and revenue curves for a profit-maximizing\nmonopolistically competitive firm." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 2 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 8, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 8, "local_page": 2, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "What is the profit-maximizing price and quantity?", "local_stem": "What is the profit-maximizing price and quantity?", "web_options": [ "Price Quantity P 1 Q 1", "Price Quantity P 2 Q 4", "Price Quantity P 3 Q 3", "Price Quantity P 4 Q 2", "Price Quantity P 5 Q 1" ], "local_options": [ "Price\nQuantity\nP1\nQ1", "Price\nQuantity\nP2\nQ4", "Price\nQuantity\nP3\nQ3", "Price\nQuantity\nP4\nQ2", "Price\nQuantity\nP5\nQ1" ], "web_passage": "The Question refers to the following graph, which shows the cost and revenue curves for a profit-maximizing monopolistically competitive firm.", "web_images": [ "https://static.shanmaostar.com/default/ap/47579616150957917672.png" ], "answer": "E", "download_pdf_page": 2 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 9, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 9, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Is the firm in short-run or long-run equilibrium?", "local_stem": "Is the firm in short-run or long-run equilibrium?", "web_options": [ "Short run, because price is greater than marginal cost", "Short run, because the firm is earning a positive economic profit", "Long run, because price is greater than average total cost", "Long run, because marginal revenue is not equal to zero", "Either short run or long run, because the firm is producing where marginal revenue equals marginal cost" ], "local_options": [ "Short run, because price is greater than marginal cost", "Short run, because the firm is earning a positive economic profit", "Long run, because price is greater than average total cost", "Long run, because marginal revenue is not equal to zero", "Either short run or long run, because the firm is producing where marginal revenue equals marginal cost" ], "web_passage": "The Question refers to the following graph, which shows the cost and revenue curves for a profit-maximizing monopolistically competitive firm.", "web_images": [ "https://static.shanmaostar.com/default/ap/47579616150957917672.png" ], "answer": "B", "download_pdf_page": 3 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 10, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 10, "local_page": 3, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The demand curve for a monopolistically competitive firm is downward sloping because", "local_stem": "The demand curve for a monopolistically competitive firm is downward sloping because", "web_options": [ "there are a large number of firms", "the product is produced by using scarce resources", "the products produced by different firms are not identical", "it is easy for firms to enter or exit the market", "the marginal cost rises as output produced increases" ], "local_options": [ "there are a large number of firms", "the product is produced by using scarce resources", "the products produced by different firms are not identical", "it is easy for firms to enter or exit the market", "the marginal cost rises as output produced increases" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 3 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 11, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 11, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A monopolistically competitive firm is currently producing the profit-maximizing level of output. If the price of a variable input increases, which of the following will occur?", "local_stem": "A monopolistically competitive firm is currently producing the profit-maximizing level of output. If the price of a\nvariable input increases, which of the following will occur?", "web_options": [ "The firm will increase its output to increase its revenue.", "The firm will increase the price of its output by the same amount.", "The firm’s average total cost and marginal cost curves will shift upward.", "The firm’s average fixed cost will decrease as it decreases production.", "The firm’s fixed cost will increase, but its output level will be unaffected." ], "local_options": [ "The firm will increase its output to increase its revenue.", "The firm will increase the price of its output by the same amount.", "The firm’s average total cost and marginal cost curves will shift upward.", "The firm’s average fixed cost will decrease as it decreases production.", "The firm’s fixed cost will increase, but its output level will be unaffected." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 3 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 12, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 12, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Firms in monopolistic competition do not attain allocative efficiency because at the long-run equilibrium output, which of the following is true?", "local_stem": "Firms in monopolistic competition do not attain allocative efficiency because at the long-run equilibrium output,\nwhich of the following is true?", "web_options": [ "Price is greater than marginal cost.", "Marginal cost is greater than minimum average total cost.", "Marginal revenue is greater than marginal cost.", "There is an overallocation of resources to the market.", "Products are homogeneous." ], "local_options": [ "Price is greater than marginal cost.", "Marginal cost is greater than minimum average total cost.", "Marginal revenue is greater than marginal cost.", "There is an overallocation of resources to the market.", "Products are homogeneous." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 3 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 13, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 13, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of a monopolistically competitive firm in long-run equilibrium?", "local_stem": "Which of the following is true of a monopolistically competitive firm in long-run equilibrium?", "web_options": [ "Price is greater than marginal cost, and marginal revenue is equal to average total cost.", "Price is greater than marginal revenue, and marginal cost is equal to average total cost.", "Price is greater than marginal revenue, and marginal cost is greater than average total cost.", "Marginal revenue is equal to marginal cost, and price is equal to average total cost.", "Marginal revenue is greater than marginal cost, and price is equal to average total cost." ], "local_options": [ "Price is greater than marginal cost, and marginal revenue is equal to average total cost.", "Price is greater than marginal revenue, and marginal cost is equal to average total cost.", "Price is greater than marginal revenue, and marginal cost is greater than average total cost.", "Marginal revenue is equal to marginal cost, and price is equal to average total cost.", "Marginal revenue is greater than marginal cost, and price is equal to average total cost." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 4 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 14, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 14, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements is true for both a monopolistically competitive firm and a perfectly competitive firm in long-run profit-maximizing equilibrium?", "local_stem": "Which of the following statements is true for both a monopolistically competitive firm and a perfectly competitive\nfirm in long-run profit-maximizing equilibrium?", "web_options": [ "Economic profits equal zero, and price equals marginal cost.", "Economic profits equal zero, and price equals marginal revenue.", "Marginal revenue equals marginal cost, and profits are positive.", "Economic profits equal zero, and marginal revenue equals marginal cost.", "Economic profits equal zero, and price exceeds marginal cost." ], "local_options": [ "Economic profits equal zero, and price equals marginal cost.", "Economic profits equal zero, and price equals marginal revenue.", "Marginal revenue equals marginal cost, and profits are positive.", "Economic profits equal zero, and marginal revenue equals marginal cost.", "Economic profits equal zero, and price exceeds marginal cost." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 4 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 15, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 15, "local_page": 4, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Let P = price, MR = marginal revenue, MC = marginal cost, and ATC = average total cost. In monopolistic competition, which of the following most accurately describes the long-run equilibrium conditions for a firm?", "local_stem": "Let P = price, MR = marginal revenue, MC = marginal cost, and ATC = average total cost. In monopolistic\ncompetition, which of the following most accurately describes the long-run equilibrium conditions for a firm?", "web_options": [ "P > ATC, MR = MC, and P > MC", "P > ATC, MR > MC, and P = MC", "P = ATC, MR = MC, and P > MC", "P = ATC, MR = MC, and P = MC", "P = ATC, MR > MC, and P > MC" ], "local_options": [ "P > ATC, MR = MC, and P > MC", "P > ATC, MR > MC, and P = MC", "P = ATC, MR = MC, and P > MC", "P = ATC, MR = MC, and P = MC", "P = ATC, MR > MC, and P > MC" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 4 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 16, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 16, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements about a monopolistically competitivefirm in long-run equilibrium is true?", "local_stem": "Which of the following statements about a monopolistically competitivefirm in long-run equilibrium is true?", "web_options": [ "It has excess capacity, even though its long-run profit is zero and its output prices equals its marginal cost.", "It has excess capacity, and its long-run profit is positive, even though its marginal revenue equals its marginal cost.", "It has excess capacity and its output price exceeds its marginal cost, even though its long-run profit is zero.", "It has no excess capacity and its long-run profit is zero.", "It has no excess capacity and its marginal revenue equals its marginal cost." ], "local_options": [ "It has excess capacity, even though its long-run profit is zero and its output prices equals its marginal cost.", "It has excess capacity, and its long-run profit is positive, even though its marginal revenue equals its\nmarginal cost.", "It has excess capacity and its output price exceeds its marginal cost, even though its long-run profit is zero.", "It has no excess capacity and its long-run profit is zero.", "It has no excess capacity and its marginal revenue equals its marginal cost." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 4 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 17, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 17, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Monopolistically competitive firms are considered inefficient in allocating society’s resources for which of the following reasons?", "local_stem": "Monopolistically competitive firms are considered inefficient in allocating society’s resources for which of the\nfollowing reasons?", "web_options": [ "In equilibrium, the marginal benefit exceeds the price charged by the firms.", "In equilibrium, the marginal benefit exceeds the marginal cost of production.", "In equilibrium, the marginal revenue of the firm is not equal to its marginal cost.", "In long-run equilibrium, the firm is earning economic profits.", "Firms exhibit significant market power and therefore the number of firms in the industry is strictly limited." ], "local_options": [ "In equilibrium, the marginal benefit exceeds the price charged by the firms.", "In equilibrium, the marginal benefit exceeds the marginal cost of production.", "In equilibrium, the marginal revenue of the firm is not equal to its marginal cost.", "In long-run equilibrium, the firm is earning economic profits.", "Firms exhibit significant market power and therefore the number of firms in the industry is strictly limited." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 4 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 18, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 18, "local_page": 5, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true for both a monopolistically competitive firm and a perfectly competitive firm in long-run equilibrium?", "local_stem": "Which of the following is true for both a monopolistically competitive firm and a perfectly competitive firm in\nlong-run equilibrium?", "web_options": [ "Marginal cost is greater than marginal revenue.", "Price is greater than marginal cost.", "Price is equal to average total cost.", "Price is equal to marginal cost.", "Marginal revenue is equal to average revenue." ], "local_options": [ "Marginal cost is greater than marginal revenue.", "Price is greater than marginal cost.", "Price is equal to average total cost.", "Price is equal to marginal cost.", "Marginal revenue is equal to average revenue." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 19, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 19, "local_page": 6, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "The graph above depicts cost and revenue curves for a typical firm in a monopolistically competitive industry. Suppose that the firm is producing 0M units of output. To maximize profits, it should do which of the following to output and price?", "local_stem": "The graph above depicts cost and revenue curves for a typical firm in a monopolistically competitive industry.\nSuppose that the firm is producing 0M units of output. To maximize profits, it should do which of the following to\noutput and price?", "web_options": [ "Output Price Increase Decrease", "Output Price Increase Increase", "Output Price Decrease Increase", "Output Price Not change Increase", "Output Price Not change Not change" ], "local_options": [ "Output\nPrice\nIncrease\nDecrease", "Output\nPrice\nIncrease\nIncrease", "Output\nPrice\nDecrease\nIncrease", "Output\nPrice\nNot change\nIncrease", "Output\nPrice\nNot change\nNot change" ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/76553439514255647429.png" ], "answer": "C", "download_pdf_page": 5 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 20, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 20, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Monopolistically competitive product markets are inefficient because", "local_stem": "Monopolistically competitive product markets are inefficient because", "web_options": [ "price equals the marginal value to the buyer of the last item produced", "price is greater than marginal cost", "excessive competition prevents other firms from entering the market", "homogeneous goods are usually overpriced", "short-run economic profit-making opportunities exist" ], "local_options": [ "price equals the marginal value to the buyer of the last item produced", "price is greater than marginal cost", "excessive competition prevents other firms from entering the market", "homogeneous goods are usually overpriced", "short-run economic profit-making opportunities exist" ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 21, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 21, "local_page": 7, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following must be true if a profit-maximizing monopolistically competitive firm continues to operate in the short run while incurring a loss?", "local_stem": "Which of the following must be true if a profit-maximizing monopolistically competitive firm continues to operate\nin the short run while incurring a loss?", "web_options": [ "Marginal revenue equals marginal cost and price is greater than average total cost.", "Marginal revenue equals marginal cost and price is greater than average variable cost.", "Marginal revenue equals marginal cost and price is less than average variable cost.", "Price equals both marginal cost and marginal revenue.", "Price is less than marginal revenue, but greater than average variable cost." ], "local_options": [ "Marginal revenue equals marginal cost and price is greater than average total cost.", "Marginal revenue equals marginal cost and price is greater than average variable cost.", "Marginal revenue equals marginal cost and price is less than average variable cost.", "Price equals both marginal cost and marginal revenue.", "Price is less than marginal revenue, but greater than average variable cost." ], "web_passage": "", "web_images": [], "answer": "B", "download_pdf_page": 6 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 22, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 22, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In long-run equilibrium, at which of the following output levels will a monopolistically competitive firm operate?", "local_stem": "In long-run equilibrium, at which of the following output levels will a monopolistically competitive firm operate?", "web_options": [ "Where long-run average total cost is at a minimum", "Where price equals marginal revenue", "Where price equals average total cost", "Where marginal revenue equals average total cost", "Where marginal revenue equals average revenue" ], "local_options": [ "Where long-run average total cost is at a minimum", "Where price equals marginal revenue", "Where price equals average total cost", "Where marginal revenue equals average total cost", "Where marginal revenue equals average revenue" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 6 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 23, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 23, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of the marginal revenue curve for a monopolistically competitive firm?", "local_stem": "Which of the following is true of the marginal revenue curve for a monopolistically competitive firm?", "web_options": [ "It is the same as the demand curve because there are many firms in the market.", "It is the same as the demand curve because marginal revenue is always equal to price.", "It is upward sloping because total revenue increases as the quantity sold increases.", "It lies below the demand curve because the firm must lower its price for all units in order to increase sales.", "It lies below the demand curve because marginal revenue increases when price decreases." ], "local_options": [ "It is the same as the demand curve because there are many firms in the market.", "It is the same as the demand curve because marginal revenue is always equal to price.", "It is upward sloping because total revenue increases as the quantity sold increases.", "It lies below the demand curve because the firm must lower its price for all units in order to increase sales.", "It lies below the demand curve because marginal revenue increases when price decreases." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 6 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 24, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 24, "local_page": 8, "stem_similarity": 0.9817, "option_similarities": [ 0.9697, 0.972, 0.972, 0.9346, 0.9369 ], "status": "已对应原题，含图表/公式/排版或文字差异", "web_stem": "Which of the following is true about price (P), marginal cost (MC), marginal revenue (MR), and economic profit of a monopolistically competitive firm in long-run equilibrium?", "local_stem": "Which of the following is true about price\n, marginal cost\n, marginal revenue\n, and economic profit\nof a monopolistically competitive firm in long-run equilibrium?", "web_options": [ "P > MC; Marginal revenue is below demand; Economic profit is zero", "P < MC; Marginal revenue is below demand; Economic profit is positive", "P > MC; Marginal revenue is above demand; Economic profit is positive", "P = MR = MC; Marginal revenue is equal to demand; Economic profit is zero", "P = MR = MC; Marginal revenue is above demand; Economic profit is positive" ], "local_options": [ "; Marginal revenue is below demand; Economic profit is zero", "; Marginal revenue is below demand; Economic profit is positive", "; Marginal revenue is above demand; Economic profit is positive", "; Marginal revenue is equal to demand; Economic profit is zero", "; Marginal revenue is above demand; Economic profit is positive" ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 6 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 25, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 25, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true for a firm in long-run equilibrium in monopolistic competition?", "local_stem": "Which of the following is true for a firm in long-run equilibrium in monopolistic competition?", "web_options": [ "Given barriers to entry, the firm earns economic profits in long-run equilibrium.", "The firm is productively efficient, producing at the minimum of long-run average total cost.", "Price equals marginal revenue and marginal cost.", "There is neither allocative nor productive efficiency.", "Price is greater than average total cost in long-run equilibrium." ], "local_options": [ "Given barriers to entry, the firm earns economic profits in long-run equilibrium.", "The firm is productively efficient, producing at the minimum of long-run average total cost.", "Price equals marginal revenue and marginal cost.", "There is neither allocative nor productive efficiency.", "Price is greater than average total cost in long-run equilibrium." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 7 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 26, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 26, "local_page": 8, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of a monopolistically competitive firm in long-run equilibrium?", "local_stem": "Which of the following is true of a monopolistically competitive firm in long-run equilibrium?", "web_options": [ "It produces where price equals marginal cost, and it earns zero economic profits.", "It produces where marginal revenue exceeds marginal cost, and it earns positive economic profits.", "It produces where marginal cost equals marginal revenue, and the price is equal to average total cost.", "It produces at the minimum average total cost, and it utilizes all excess capacity.", "It produces more than the allocatively efficient quantity, and the price is greater than marginal cost." ], "local_options": [ "It produces where price equals marginal cost, and it earns zero economic profits.", "It produces where marginal revenue exceeds marginal cost, and it earns positive economic profits.", "It produces where marginal cost equals marginal revenue, and the price is equal to average total cost.", "It produces at the minimum average total cost, and it utilizes all excess capacity.", "It produces more than the allocatively efficient quantity, and the price is greater than marginal cost." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 7 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 27, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 27, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of monopolistically competitive firms in long-run equilibrium?", "local_stem": "Which of the following is true of monopolistically competitive firms in long-run equilibrium?", "web_options": [ "Firms can earn positive economic profits.", "Firms face a perfectly elastic demand curve.", "Price equals marginal cost, which equals marginal revenue.", "Price will always be above average total cost.", "Marginal revenue equals marginal cost, and price equals average total cost." ], "local_options": [ "Firms can earn positive economic profits.", "Firms face a perfectly elastic demand curve.", "Price equals marginal cost, which equals marginal revenue.", "Price will always be above average total cost.", "Marginal revenue equals marginal cost, and price equals average total cost." ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 7 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 28, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 28, "local_page": 9, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true of a monopolistically competitive firm in long-run equilibrium?", "local_stem": "Which of the following is true of a monopolistically competitive firm in long-run equilibrium?", "web_options": [ "Price exceeds marginal revenue, and the firm earns positive economic profits.", "Price equals marginal revenue, and the firm earns positive economic profits.", "Price equals marginal cost, and the firm earns zero economic profits.", "Price exceeds marginal cost, and the firm earns zero economic profits.", "Price exceeds marginal cost, and the firm earns positive economic profits." ], "local_options": [ "Price exceeds marginal revenue, and the firm earns positive economic profits.", "Price equals marginal revenue, and the firm earns positive economic profits.", "Price equals marginal cost, and the firm earns zero economic profits.", "Price exceeds marginal cost, and the firm earns zero economic profits.", "Price exceeds marginal cost, and the firm earns positive economic profits." ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 7 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 29, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 29, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Based on the information in the above graph describing a monopolistically competitive firm, which of the following is true?", "local_stem": "Based on the information in the above graph describing a monopolistically competitive firm, which of the following\nis true?", "web_options": [ "The firm is productively efficient since marginal cost intersects average cost at the minimum of average cost.", "When maximizing profits, this firm will have economic losses but will still continue to produce.", "The firm will produce where marginal revenue equals marginal cost and will set its price to equal average total cost.", "With the firm making economic profits, it can be expected that new firms will enter this market.", "The firm will produce where demand is inelastic to capture all economies of scale." ], "local_options": [ "The firm is productively efficient since marginal cost intersects average cost at the minimum of average cost.", "When maximizing profits, this firm will have economic losses but will still continue to produce.", "The firm will produce where marginal revenue equals marginal cost and will set its price to equal average\ntotal cost.", "With the firm making economic profits, it can be expected that new firms will enter this market.", "The firm will produce where demand is inelastic to capture all economies of scale." ], "web_passage": "", "web_images": [ "https://static.shanmaostar.com/default/ap/83062679048785591569.png" ], "answer": "D", "download_pdf_page": 8 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 30, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 30, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is true for a monopolistically competitive firm in long-run equilibrium?", "local_stem": "Which of the following is true for a monopolistically competitive firm in long-run equilibrium?", "web_options": [ "It earns a normal profit.", "It sets price equal to marginal cost.", "It is allocatively efficient.", "It is a price taker.", "It produces at minimum average total cost." ], "local_options": [ "It earns a normal profit.", "It sets price equal to marginal cost.", "It is allocatively efficient.", "It is a price taker.", "It produces at minimum average total cost." ], "web_passage": "", "web_images": [], "answer": "A", "download_pdf_page": 8 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 31, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 31, "local_page": 10, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "In the long run, a monopolistically competitive firm is allocatively inefficient because the firm will", "local_stem": "In the long run, a monopolistically competitive firm is allocatively inefficient because the firm will", "web_options": [ "produce only when marginal cost is greater than marginal revenue", "produce only when marginal revenue is greater than marginal cost", "charge a price greater than the marginal cost", "earn positive economic profits", "experience economic losses" ], "local_options": [ "produce only when marginal cost is greater than marginal revenue", "produce only when marginal revenue is greater than marginal cost", "charge a price greater than the marginal cost", "earn positive economic profits", "experience economic losses" ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 8 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 32, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 32, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following is NOT a characteristic of monopolistically competitive markets?", "local_stem": "Which of the following is NOT a characteristic of monopolistically competitive markets?", "web_options": [ "Relatively easy market entry", "Differentiated products", "Substantial product advertising", "A large number of both buyers and sellers", "Long-run economic profits" ], "local_options": [ "Relatively easy market entry", "Differentiated products", "Substantial product advertising", "A large number of both buyers and sellers", "Long-run economic profits" ], "web_passage": "", "web_images": [], "answer": "E", "download_pdf_page": 9 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 33, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 33, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following statements correctly identifies a difference between perfect competition and monopolistic competition?", "local_stem": "Which of the following statements correctly identifies a difference between perfect competition and monopolistic\ncompetition?", "web_options": [ "In perfect competition there are no barriers to entry, but there are strong barriers in monopolistic competition.", "In perfect competition there are many firms, but in monopolistic competition there are only a few firms.", "In perfect competition the firms all sell products that are exactly the same, but in monopolistic competition each firm sells a slightly differentiated product.", "In perfect competition firms maximize profit by selling the quantity where marginal revenue equals marginal cost, but in monopolistic competition firms maximize profit by selling the quantity where marginal revenue exceeds marginal cost.", "In perfect competition there are few consumers, but in monopolistic competition there are many consumers." ], "local_options": [ "In perfect competition there are no barriers to entry, but there are strong barriers in monopolistic competition.", "In perfect competition there are many firms, but in monopolistic competition there are only a few firms.", "In perfect competition the firms all sell products that are exactly the same, but in monopolistic competition\neach firm sells a slightly differentiated product.", "In perfect competition firms maximize profit by selling the quantity where marginal revenue equals marginal\ncost, but in monopolistic competition firms maximize profit by selling the quantity where marginal revenue\nexceeds marginal cost.", "In perfect competition there are few consumers, but in monopolistic competition there are many consumers." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 9 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 34, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 34, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT:", "local_stem": "All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT:", "web_options": [ "Price is equal to average revenue.", "Individual firms produce output where marginal cost equals marginal revenue.", "Firms can affect the selling price of their product.", "The market has a large number of firms.", "Firms can easily enter or exit the market." ], "local_options": [ "Price is equal to average revenue.", "Individual firms produce output where marginal cost equals marginal revenue.", "Firms can affect the selling price of their product.", "The market has a large number of firms.", "Firms can easily enter or exit the market." ], "web_passage": "", "web_images": [], "answer": "C", "download_pdf_page": 9 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 35, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 35, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "A monopolistically competitive firm’s demand curve will be highly elastic if which of the following exists?", "local_stem": "A monopolistically competitive firm’s demand curve will be highly elastic if which of the following exists?", "web_options": [ "A high degree of product differentiation", "A highly elastic supply curve for the firm", "High barriers to entry in this industry", "A high degree of product substitutability", "A small number of competitors" ], "local_options": [ "A high degree of product differentiation", "A highly elastic supply curve for the firm", "High barriers to entry in this industry", "A high degree of product substitutability", "A small number of competitors" ], "web_passage": "", "web_images": [], "answer": "D", "download_pdf_page": 9 }, { "bank_id": "85", "bank": "unit 4 monopolistic comp", "section": 1, "web_number": 36, "local_file": "unit 4 four market strucutures/monopolistic comp/mono comp MCQ.pdf", "local_number": 36, "local_page": 11, "stem_similarity": 1.0, "option_similarities": [ 1.0, 1.0, 1.0, 1.0, 1.0 ], "status": "题干与选项文字一致", "web_stem": "Which of the following about the relationship between marginal revenue (MR) and price (P) under monopolistic competition and perfect competition is correct?", "local_stem": "Which of the following about the relationship between marginal revenue (MR) and price (P) under monopolistic\ncompetition and perfect competition is correct?", "web_options": [ "Monopolistic Competition Perfect Competition MR>P MR=P", "Monopolistic Competition Perfect Competition MR

P\nMR=P", "Monopolistic Competition\nPerfect Competition\nMR