【題目】 A freeze that destroys half of the water lily crop in Tainan would likely raise the price of water lily. reducing the demand for water lily and increasing the demand for tea. reducing the quantity demanded for water lily and increasing the demand for te ...
【題目】 The statement “An increase in the price of gasoline will lead to a decrease in the amount purchases” is a positive statement. a political statement. a normative statement. a scientific statement. 答案 : a positive ...
題目: Suppose there are only two firms supplying in the market and they produce a homogeneous good. Two firms produce the good with the same constant marginal cost. Firms compete by setting price simultaneously . The equilibrium price of both firms must 答案:equal to the marginal cost. ...
【題目】 Nick can purchase each milkshake for $2. For the first milkshake purchased Nick is willing to pay $4, for the second milkshake $3, for the third milkshake $2 and for the fourth milkshake $1. What is the value of Nick's consumer surplus? $2 $3   ...
【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 ...
【題目】 When demand increases and supply decreases, the 【 答案 】 equilibrium price rises, and the equilibrium quantity might increase, decrease, or remain constant.
【題目】 CDC character set contains 64 characters, To represent any possible 10 character string needs at least 70 Bits 50 Bits 40 Bits 60 Bits 答案 : 60 Bits