4. Which of the following events may NOT result in a rising equilibrium price of certain goods?
(A) When an effective price ceiling is set
(B) When there is a loss caused by a natural disaster
(C) When the government opens up exports of the goods
(D) When the price of substitutes goods rises

25.「此刻正像是水底的世界/一切已沉澱,静寂/那些遠近朦朧的樹枝/如珊瑚 叢生海裡/藍空上緩泛過光潔的浮雲/是片片無聲的浪花/只有一隻古代的 象牙舟/在珍珠的海上徐筏。」上引為一節現代詩,從詩的內容判斷,下列何 者最適合作為此詩的題目? (A)月色散步 (B)藍色汪洋 (C)浪花無聲 (D)曠野寄情

1. Which of the following places is the origin of economics? (A) Chicago (B) Scotland (C) Vienna (D) Stockholm

2. Alan, Bob, and Carlos are woodworkers who all make tables and chairs. In one month, Alan can make 6 tables or 18 chairs, whereas Bob can make 6 tables or 12 chairs, and Carlos can make 4 tables or 4 chairs. Who has the lowest opportunity cost of making tables? (A) Alan (B) Bob (C) Alan and Bob (D) Carlos

3. A decrease in the price of a good will (A) increase demand (B) decrease demand (C) increase quantity demanded (D) decrease quantity demanded

5. A supermarket decides to reduce the price of its own brand of baked beans as a special offer for one week only. During this week, it discovers that its total revenue from the sale of own-brand baked beans increases. This indicates that (A) the demand for its own brand of baked beans is elastic with respect to price (B) the demand for its own brand of baked beans is elastic with respect to income (C) the demand for its own brand of baked beans is inelastic with respect to price (D) its own brand of baked beans is an inferior good

6. A key characteristic of a competitive market is that (A) producers sell nearly identical products (B) firms minimize total costs (C) firms have price setting power (D) government antitrust laws regulate competition 

7. An oligopoly with a dominant price leader will produce a level of output (A) between that which would prevail under perfect competition and that which a monopoly would choose in the same industry (B) between that which would prevail under competition and that which a monopolistic competitor would choose in the same industry (C) equal to what a monopolist would choose in the same industry (D) the same as that which would prevail under competition

8. All externalities (A) cause markets to fail to allocate resources efficiently (B) cause equilibrium prices to be too high (C) benefit producers at the expense of consumers (D) cause equilibrium quantity to be too high

複選題9. Which of the following goods is the best example of a public good? (A) Online TV service provided by Netflix (B) Garbage-collection services that are provided by a municipal government (C) Music that is broadcast over the airwaves by a privately-owned FM radio station (D) Electricity provided by renewable energy sources

10. Of the following countries, which country’s government collects the largest amount of tax revenue as a percentage of that country’s total income? (A) Denmark (B) Japan (C) Taiwan (D) United States