MY-ASSIGNMENTEXPERT™可以为您提供sydney ECON1110 Microeconomics微观经济学的代写代考和辅导服务！
这是悉尼大学 微观经济学课程的代写成功案例。
ECON5001课程简介
This unit presumes no prior exposure to economics and aims, by the end of the unit, to bring a proficiency equivalent to that of students with an intermediate level microeconomics unit in an Honours degree program. Many economic principles developed in this unit are routinely used in several other units in the program. Microeconomics studies how economic agents make choices in a variety of environments. The unit covers theory and applications of the principles of consumer choice, of firm behaviour, and of strategic interaction among economic agents. Equipped with these theories of decision making, students can address a range of interesting and important questions. Examples are: What market strategy should a firm adopt with its competitors? How might one create a market to deal with externalities such as pollution? What are the implications of different kinds of taxes? What compensation scheme will provide the right incentives to work?
Prerequisites
At the completion of this unit, you should be able to:
- LO1. understand economic, political, legal, commercial and business issues and apply fundamental theories and concepts in diverse and unpredictable environments
- LO2. formulate and develop persuasive arguments relevant to major fields of study that can be applied to business problems
- LO3. think critically about underlying theories, concepts, assumptions and arguments in major fields of study
- LO4. apply principles, techniques and technologies to data/information relevant to practice in major fields of study
- LO5. analyse and solve economics problems.
EECON5001 Microeconomics HELP（EXAM HELP， ONLINE TUTOR）
Which of the following is a positive, rather than a normative, statement?
a. Law $X$ will reduce national income.
b. Law $X$ is a good piece of legislation.
c. Congress ought to pass law $X$.
d. The president should veto law $X$.
In an hour, David can wash 2 cars or mow 1 lawn, and Ron can wash 3 cars or mow 1 lawn. Who has the absolute advantage in car washing, and who has the absolute advantage in lawn mowing?
a. David in washing, Ron in mowing.
b. Ron in washing, David in mowing.
c. David in washing, neither in mowing.
d. Ron in washing, neither in mowing.
Once again, in an hour, David can wash 2 cars or mow 1 lawn, and Ron can wash 3 cars or mow 1 lawn. Who has the comparative advantage in car washing, and who has the comparative advantage in lawn mowing?
a. David in washing, Ron in mowing.
b. Ron in washing, David in mowing.
c. David in washing, neither in mowing.
d. Ron in washing, neither in mowing.
Suppose that in the United States, producing an aircraft takes 10,000 hours of labor and producing a shirt takes 2 hours of labor. In China, producing an aircraft takes 40,000 hours of labor and producing a shirt takes 4 hours of labor. What will these nations trade?
a. China will export aircraft, and the United States will export shirts.
b. China will export shirts, and the United States will export aircraft.
c. Both nations will export shirts.
d. There are no gains from trade in this situation.
Mark can cook dinner in 30 minutes and wash the laundry in 20 minutes. His roommate takes half as long to do each task. How should the roommates allocate the work?
a. Mark should do more of the cooking based on his comparative advantage.
b. Mark should do more of the washing based on his comparative advantage.
c. Mark should do more of the washing based on his absolute advantage.
d. There are no gains from trade in this situation.
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