Microeconomics Quiz
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Questions and Answers

Which part of the course outline covers the basics of supply and demand?

  • Part Two: Producers, Consumers, and Competitive Markets (correct)
  • Part Three: Market Structure and Competitive Strategy
  • Part Four: Information, Market Failure
  • Part One: Introduction: Markets and Prices
  • Who is the author of the book 'Microeconomics' used in the course?

  • R. Glenn Hubbard
  • Anthony Patrick O'Brien
  • Daniel Rubinfeld
  • Robert S. Pindyck (correct)
  • Which chapter of the book covers monopolistic competition?

  • Chapter 2: The basics of supply and demand
  • Chapter 1: Economics: foundations and models
  • Chapter 5: Perfect Competition
  • Chapter 7: Monopolistic Competition (correct)
  • What is the main topic of Chapter 9 of the book?

    <p>Markets with asymmetric information</p> Signup and view all the answers

    Which edition of the book 'Microeconomics' is being used in the course?

    <p>Fifth Edition</p> Signup and view all the answers

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