【題目】 Two goods are complements if a decrease in the price of one good the demand for the other good does not change. decreases the demand for the other good. None of above is correct increases the demand for the other good. ...
【題目】 Which of the following statement is normative？ Higher taxes are needed to support education. -------------答案 High taxes tend to decrease saving. The interest rate increases are the result of Federal Reserve actions to decrease the ...
【題目】 If price exceeds average costs under pure competition, in the long run ,______ firms will enter the industry, supply will ______, and price will be driven ______. more ； decrease ； down more ； decrease ； up more ； increase ； down&n ...
【題目】 In long-run equilibrium of a competitive market, the number of firms in the markets adjusts so that all of the market demand is satisfied at a price equal to sunk cost minimum average variable cost minimum average total cost ----- ...
【題目】 Q ： The most fundamentaleconomic problem is A ： reducing unemployment. B ： health and health care. C ： decreasing the inflation rate. D ： scarcity. ---答案
【題目】 Crude oil can be refined into home heating oil or gasoline. If very cold weather caused the price of home heating oil to increase, then the equilibrium price of gasoline would rise. -------答案 the supply of home heating oil would decrease. ...
【題目】 Suppose the price elasticity of demand for tickets of Taiwan High Speed Railway (THSR) is 1.5.Ceteris paribus, when THSR reduces its prices, its revenue will go up. --------答案 may go up or down. will go down. will remain the same.
【題目】 Suppose the demand for gourmet coffee can be represented by a linear demand curve. When income rises cause the demand curve for gourmet coffee shift to the right parallelly: becomes more elastic at the price that prevailed before the change in income be ...
【題目】： If the quantity demanded increase as peoples incomes increase, the result of A： a substitute. B： a complement. C： an inferior good. D： a normal good. 【解答】： D： a normal good.