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1、What Microeconomics is about?( )

A、Study of Business Environment
B、Study of financial position of the economy
C、Study of the Economy at Micro Level

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2、Economics proceeds by making models of ( ), which are simplified representations of reality.

A、social phenomena
B、people’s imagination
C、stories

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3、The demand curve shows ( )

A、how much people would like to pay at the reserve prices.
B、how much firms would like to sell at each prices.
C、how much market would like to trade.

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4、The conflict between the scarce economic wants of society and its limited resources gives rise to the economizing problem.

A、对
B、错

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5、The only requirement for a market to be perfectly competitive is for the market to have many buyers and sellers.

A、对
B、错

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