Explain why strategic leadership and strategic fusibility are important.

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Describe lean management and explain why it's important.

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第2题

解释为什么两条无差异曲线是不能相交的。Explain why two indifference curves cannot intersect,

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第3题

Explain why strategic management is important.

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第4题

解释为什么行业长期供给曲线不是行业长期边际成本曲线。Explain why the industry supply curve is not the long － run industry marginal cost curve.

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解释当厂商是在价格方面竞争时纳什均衡的意义。为什么这种均衡是稳定的？为什么厂商们不将价格提

高到最大化它们的共同利润的水平？

Explain the meaning of a Nash equilibrium when firms are competing with respect to price. Why is the equilibrium stable？ Why don't the firms raise their prices to the level that maximizes joint profits？

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第6题

市场失灵的四个主要来源是什么？在每种情况下都简单解释为什么竞争性市场不能有效率地运作。What are the four major sources of market failure？ In each case, explain briefly why the competitive market does not operate efficiently.

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在多数原则投票制决定公共支出水平时，解释为什么中间投票人结果不一定是有效率的。Explain why the median voter outcome need not be efficient when majority rule voting determines the level of public spending

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为什么价格领导有时能在寡头垄断市场产生？解释价格领袖如何确定利润最大化价格的。Why does price leadership sometimes evolve in oligopolistic markets？ Explain how the price leader determines a profit-maximizing price.

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序数效用和基数效用的区别是什么？解释对消费者选择排序时为什么并不需要基数效用的假定。What i

序数效用和基数效用的区别是什么？解释对消费者选择排序时为什么并不需要基数效用的假定。

What is the difference between ordinal utility and cardinal utility？ Explain why the assumption of cardinal utility is not needed in order to rank consumer choices.

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第10题

什么是边际转换率（MRT)？为什么一种商品对另一种商品的边际转换率等于生产两种商品的边际成本之

什么是边际转换率(MRT)？为什么一种商品对另一种商品的边际转换率等于生产两种商品的边际成本之比？

What is the marginal rate of transformation (MRT)？ Explain why the MRT of one good for another is equal to the ratio of the marginal costs o[ producing the two goods.

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第11题

画一条预算线，然后再画一条无差异曲线来说明与两种产品对应的满足最大化的选择。利用图回答下

述问题。

(1)假定其中一种产品实施配给。解释为什么消费者的境况可能变差。

(2)假定其中种产品被固定在当前市场价格以下的水平，因此消费者不能想买多少就买多少。你觉得消费者的境况是变好了还是变差了？

Draw a budget line and then draw an indifference curve to illustrate the satisfaction - maximizing choice associated with two products. Use your graph to answer the following questions.

a Suppose that one of the products is rationed. Explain why the consumer is likely lo be worse off.'

b. Suppose that the price of one of the products is fixed at a level below the current price. As a result, the consumer is not able to purchase as much as she would like. Can you tell if the consumer is better off or worse off？

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