结果1 题目 If the price elasticity of demand for a good is greater than one, then the demand for that good is: A. perfectly elastic. B. unit elastic. C. elastic. D. inelastic. 相关知识点: 试题来源: 解析 elastic. 反馈 收藏 ...
If the price elasticity of demand for a good is greater than one, then the demand for that good is:A.perfectly elastic.B.unit elastic.C.elastic.D.inelastic.的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大学职业搜题找答案,刷题练习的
The demand for a good is inelastic with respect to price if the price elasticity of demand is: 答案: A.equal to one.B.less than one.C.equal to negative one.D.greater than one.正确答案:less than one. 点击查看答案 你可能感兴趣的试题 不定项选择 最大实体要求充分利用被测要素的尺寸公差来...
If a firm raise the price of its product and finds that total revenue has fallen. This indicates that A. demand for the product is price inelastic B. demand for the product has unit price elasticity C. the price elasticity is greater than 1 D. demand for the product is price ...
A. a large change in quantity demanded results in a small change in price. B. the quantity demanded is very responsive to changes in price. C. the price elasticity of demand is less than 1. D. the price elasticity of demand is greater than 1. ...
11. Suppose that when the price rises by 10% for a particular good, the quantity demanded of that good falls by 30%. The price elasticity of demand for this good is equal to 1/3. 12. Demand is inelastic if the price elasticity of demand is greater than 1. 13.A price ceiling is ...
Price Elasticity of Demand: Price elasticity of demand (PED) is a measure of how responsive demand is to a change in the price of the good. It is calculated as the percentage change in the quantity demanded divided by the percentage change in the price. ...
C、His ordinary demand curve is steeper to the left and his Slutsky compensated demand curve is steeper to the right of this point. D、Whether his ordinary demand curve or his compensated demand curve is steeper, depends on whether his price elasticity is greater than 1. 点击查看答案 账号...
The price elasticity of demand equals 1: 答案:A.whenever the slope of a straight-line demand curve equals zero. B.whenever the slope of a straight-line demand curve is less than 1 in absolute value. C.at the midpoint of a straight-line demand curve. ...
8) If a market basket of goods cost $100 is theUSand 70 euros inFrance, then the PPP exchange rate would be $.70/euro. Answer: FALSE 25) Consider the price elasticity of demand. If a product has price elasticity less than one it is considered to have relativelyelasticdemand. Answer:...