When the amount of a commodity that must be given up to produce each additional unit of another commodity, regardless of the amount of the commodity foregone, is the same at every level of production, which of the following exists?() A. absolute advantage B. comparative advantage C. ...
Since the internal structure and chemical composition of a mineral are difficult to determine without the aid of sophisticated tests and apparatus, the more easily recognized physical properties are used in identification. Most people think of a crystal as a rare commodity, when in fact most ...
5, the supply curve of a commodity is a straight line through the origin, then the price elasticity of the commodity supply (B).A varies with price;B is identical to 1;C is its slope value;D is difficult to determine. 相关知识点: 试题来源: 解析 B 供给曲线为过原点的直线,其方程...
Question: Which of the following is not a determinant of supply: a. price b. technology c. income d. input prices Supply: Supply is a quantity of a commodity which a producer is willing to sell at a given possible price at a point of time in the market...
Most people think of a crystal as a rare commodity, when in fact most inorganic solid objects are composed of crystals. The reason for this misconception is that most crystals do not exhibit their crystal form: the external form of a mineral that reflects the orderly internal arrangement of ...
on the other hand, producing more of a commodity results in reducing its cost, this will tend to increase the supply offered by seller-producers, which in turn will lower the price andpermitmore consumers to buy the product.Thus, price is the regulating mechanism in the American economic syst...
Which of the following italicized parts is a subject clause (主语从句) ? [D] [A] We are quite certain that we will get there in time. [B] He has to face the fact that there will be no pay rise this year. [C] She said that she had seen the man earlier that morning. [D] It...
句子“Water is a p _ commodity that is often taken for granted in the West” 的意思是 “水是一种___的商品,在西方常常被认为是理所当然的”。根据常识以及所给资料中提到的 “Water is a precious commodity that is often taken for granted in the West. 水很宝贵,但在西方人们往往意识不到这一...
Which of the following is the most important part of an IT infrastructure? A) hardware B) telecommunications C) services D) none of the above IT Infrastructure: IT infrastructure refers to the information systems that are used a...
The price of a commodity is determined by traders, which balance supply and demand. Both of these variables are hard to predict and normally supply is more important than demand. But since I have written several times already about supply, let’s dive deeper into demand for fossile fuels. ...