5. A binding price floor will reduce a firm's total revenue
(A) always.
(B) when demand is elastic.
(C) when demand is inelastic.
(D) never.

6. Suppose a tax of $0.50 per unit on a good creates a deadweight loss of $100. If the tax is increased to $2.50 per unit, the deadweight loss from the new tax would be (A) $500. (B) $1,000. (C) $2,000. (D) $2,500.

7. If the tax on a good is increased from $1 per unit to $4 per unit, the deadweight loss from the tax increases by a factor of (A) 5. (B) 9. (C) 16. (D) 24.

8. A 10 percent increase in gasoline prices reduces gasoline consumption by about (A) 6 percent after one year and 2.5 percent after five years. (B) 2.5 percent after one year and 6 percent after five years. (C) 10 percent after one year and 20 percent after five years. (D) 0 percent after one year and 1 percent after five years.

9. The federal government is concerned about the negative effects of cigarette smoking in the United States. Suppose Congress is considering two plans. One plan would limit the production of cigarettes. The other would require manufacturers to include graphic photos on cigarette packages of people suffering cancer's effects. Which of the following statements is true? (A) Both programs would increase the price of cigarettes. (B) Both programs would reduce the quantity of cigarettes sold. (C) Both programs would decrease revenues for cigarette manufacturers. (D) All of the above are correct.

10. Assume for the United States that the opportunity cost of each airplane is 50 cars. Which of these pairs of points could be on the United States' production possibilities frontier? (A) (200 airplanes, 5,000 cars) and (150 airplanes, 4,000 cars) (B) (200 airplanes, 12,500 cars) and (150 airplanes, 15,000 cars) (C) (300 airplanes, 15,000 cars) and (200 airplanes, 25,000 cars) (D) (300 airplanes, 25,000 cars) and (200 airplanes, 40,000 cars)

11. Consider Frank's decision to go to college. If he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800 on books. If he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. Frank's total cost of going to college is (A) $33,800. (B) $42,600. (C) $49,800. (D) $57,000 Answer questions 12-15 according to the following table. The demand schedule below pertains to sandwiches demanded per week. | Price | Harry's Quantity Demanded | Darby's Quantity Demanded | Jake's Quantity Demanded | | --- | --- | --- | --- | | $3 | 3 | 4 | 3 | | $5 | 1 | 2 | x |

12. Regarding Harry and Darby, for whom have sandwiches a normal good? (A) only for Harry (B) only for Darby (C) for both Harry and Darby (D) This cannot be determined from the given information

13. Suppose x = 1. Then it must be true that (A) Harry and Jake have the same income, which is lower than Darby's income. (B) if sandwiches and potato chips are complements for Harry, then those two goods are also complements for Jake. (C) Harry's demand curve is identical to Jake's demand curve. (D) All of the above are correct.

14. Suppose x = 1. Then the slope of the inverse market demand curve is (A) -3. (B) -1/3. (C) 1/3. (D) 3.

15. Suppose Harry, Darby, and Jake are the only demanders of sandwiches and that the market demand violates the law of demand.Then, in the table, the value of x must be (A) less than or equal to 5. (B) greater than or equal to 5. (C) greater than or equal to 7. (D) greater than or equal to 10.

115年 - [無官方正解]115 國立臺北大學_日間學士班轉學生招生考試試題_不動產與城鄉環境學系日間學士班2年級 經濟學系日間學士班2、3年級：經濟學#147641

115年 - [無官方正解]115 國立臺北大學_日間學士班轉學生招生考試試題_會計學系日間學士班2、3年級：經濟學#147578

115年 - 115 國立臺北大學_碩士班一般入學考試試題_國際企業研究所：經濟學#147103

115年 - 115 國立臺北大學_碩士班一般入學考試試題_金融與合作經營學系：經濟學#146932

115年 - 115 國立臺北大學_碩士班一般入學考試試題_自然資源與環境管理研究所：經濟學#146790

115年 - 115 國立臺北大學_碩士班一般入學考試試題_財政學系：經濟學#146671

115年 - [無官方正解]115 國立嘉義大學_碩士班招生考試試題_財務金融學系：經濟學#143920

114年 - 114 國立臺北大學_碩士班一般入學考試試題_國際企業研究所：經濟學#147269

114年 - 114 國立臺北大學_碩士班一般入學考試試題_財政學系：經濟學#147055

114年 - 114 國立臺北大學_碩士班一般入學考試試題_金融與合作經營學系：經濟學#147049