TOP: Income effect MSC: Analytical 相关知识点: 试题来源: 解析 B 分析各选项: - **a. 旧价格下的预算线平行移动**:错误。收入效应涉及价格变化后的实际收入变化,需基于新价格调整预算线。 - **b. 新价格下的预算线平行移动**:正确。收入效应通过调整收入使消费者保持原购买力(新价格下预算线平移),...
4.The Postive Analysis and Trend Study on Variation of Farmers Income Level of Hebei Province;河北省农民收入变动的实证分析与趋势研究 5.Income effect(of a price change)(价格变动的)收入效应 6."money gained from the sale of something, or as the result of some activity for getting money"(变卖...
price levels, and the availability of market substitutes. The income effect is the resulting change in demand for a good or service caused by an increase or decrease in a consumer's purchasing power or real income. The substitution effect occurs when consumers replace one product with...
a. the quantity of a good supplied changes in response to a change in incomeb. the quantity of a good suppliedchanges in response to a change in the price of a goodc. how far the budget line shiftsdue to a change in incomed. the quantity of a good demanded changes in response to ...
In the two goods - two prices analysis, the effect of a change in the price of one of the goods is generally decomposed into the substitution effect and the income effect. The substitution effect is the change in the quantity of that good consumed when the budget constraint reflects the new...
The study investigated the effect of price and income changes to cassava farmers' marketed surplus in Oredo and Egor Local Government Areas of Edo State, Nigeria. To achieve this objective, the study examined the price elasticity of home consumption, the income elasticity of marketed surplus of ...
Discuss the income and substitution effect of a price change according to indifference curve theory. Indifference Curve The term indifference curve is the graphical representation depicting different combinations of the commodities the consumer is indifferent to. The indifferenc...
Points a and b reflect the change in consumption of Y due solely to a decrease in price because BC3 reduces her income by a sufficient amount to return herto her original indifference curve. Qc-Qb is the income effect (which is nesative here) because this is an inferior good....
Quantityofy A 当x价格变化时,“实际”收入会改变,因 而发生收入效应。 C Incomeeffect B 收入效应是从C点移动到B点。 如果x是正常品,个人 将买更多的x,因为“实 际”收入增加了。 U 2 U 1 Quantityofx Quantityofy B A Anincreaseinthepriceofgoodxmeansthat thebudgetconstraintgetssteeper C Thesubstitu...
B. thefactthatwhenthepriceofagoodfalls,consumerswillsubstituteitintotheirmarketbasketsinplaceofrelativelymoreexpensivegoods. C. thefactthatwhenthepriceofagoodfalls,consumerswillhavemorepurchasingpowerwiththesamenominalincome. D. theeffectofachangein consumerincomeonthequantityofagooddemanded. ...