2016年AP微观经济学（选择题+简答题）真题及答案下载（PDF）

2016年AP微观经济学（选择题+简答题）真题及答案下载（PDF）

2016年AP微观经济学选择题如下：

1. 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?

      Figure 1       Figure 2

(A) Decrease      Increase

(B) Increase       Decrease

(C) No change   Increase

(D) No change   Decrease

(E) Increase        No change

2. If an effective rent ceiling is eliminated, which of the following is most likely to occur in the rental housing market?

(A) An increase in the demand for housing, resulting in a decrease in the quantity of housing supplied

(B) An increase in rents, resulting in an increase in the quantity of housing supplied

(C) An increase in the demand for housing, resulting in an increase in the quantity of housing demanded

(D) A decrease in rents, resulting in an increase in the quantity of housing supplied

(E) A decrease in the demand for housing, resulting in an increase in the quantity of housing supplied

3. 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?

(A) Supply will shift leftward, increasing the equilibrium price and decreasing the equilibrium quantity of lemonade.

(B) Supply will shift rightward, increasing the equilibrium price and increasing the equilibrium quantity of lemonade.

(C) Supply will shift rightward, decreasing the equilibrium price and increasing the equilibrium quantity of lemonade.

(D) Demand will shift leftward, decreasing the equilibrium price and decreasing the equilibrium quantity of lemonade.

(E) Demand will shift rightward, increasing the equilibrium price and increasing the equilibrium quantity of lemonade.

4. When marginal utility is falling but positive, total utility will

(A) decrease at an increasing rate

(B) decrease at a decreasing rate

(C) remain constant

(D) increase at an increasing rate

(E) increase at a decreasing rate

5. The reason that firms in perfect competition earn zero economic profit in the long run is that

(A) firms are small

(B) there are a large number of sellers

(C) firms cannot advertise

(D) there are no barriers to entry or exit

(E) the commodities produced are relatively inexpensive

6. If the output of a firm doubles when the firm doubles all of its inputs, the firm must be experiencing

(A) economies of scale

(B) increasing returns to scale

(C) constant returns to scale

(D) decreasing returns to scale

(E) diseconomies of scale

。。。。2016年AP微观经济学选择题真题省略！

2016年AP微观经济学简答题如下：

1. Kohelis Mining is a monopoly and is currently operating at a loss.

(a) Draw a correctly labeled graph and show each of the following.

(i) The profit-maximizing quantity, labeled Q_M

(ii) The profit-maximizing price, labeled P_M

(iii) The average total cost curve, labeled ATC

(iv) The allocatively efficient quantity, labeled Q_A

(b) Suppose the government grants Kohelis Mining a lump-sum subsidy such that the firm earns zero economic profit.

(i) On your graph from part (a), shade the area of the subsidy.

(ii) Will the profit-maximizing quantity increase, decrease, or remain the same? Explain.

(c) Suppose instead the government provides Kohelis Mining a per-unit subsidy such that the firm earns zero economic profit.

(i) Will the profit-maximizing quantity increase, decrease, or remain the same? Explain.

(ii) Will the price paid by consumers increase, decrease, or remain the same?

(d) In this market, will the lump-sum or the per-unit subsidy lead to an increase in the total consumer surplus, or is the change indeterminate? Explain.

。。。。2016年AP微观经济学简答题余下省略！

2016年AP微观经济学（选择题+简答题）真题及答案下载（PDF），完整版20元有偿下载！