Exam 1: Adventures in Microeconomics

On the supply side of the market, you would examine:

The term ceteris paribus is an assumption that economists use implying:

Behavioral economics is considered an intersection of:

Microeconomic tools:

A major factor in the evolution of empirical analysis in microeconomics is the:

The combined role of risk, uncertainty, and time is prominent in:

Oligopolies exist when:

Which of the following is considered a microeconomic topic?

On the demand side of the market, you would examine:

Which of the following is NOT a microeconomic topic?

All of the following are examples of spillover effects EXCEPT:

Each of the following will impact the consumption decision EXCEPT the:

In a perfectly competitive market, firms:

Examples of using theories and models include:

When comparing a monopoly outcome to a perfectly competitive outcome, the monopolist produces _____ and charges a _____ price.

Empirical disciplines:

If there is a single firm in the market, then the market is considered:

To learn the intricacies of theories and models, economists use:

Each of the following would impact the production decision EXCEPT the:

Which of the following is a microeconomic policy?