a在···的后面 In ··· behind[translate] a第一首情歌 First love song[translate] aa. demand is inelastic and supply is elastic. a. 需求是无弹性的,并且供应是有弹性的。[translate] ad. both supply and demand are inelastic. d. 供给和需求是无弹性的。[translate]...
【填空】【跟读】When supply and demand reach equilibrium, there is neither a surplus nor a shortage. 【填空】The demand curve show how the quantity demanded by consumers is affected by changes in price. 【填空】The demand for electricity is inelastic, because people need it to live regardless ...
[translate] a上回 Upper time[translate] aa. both supply and demand are relatively inelastic. a. 供给和需求是相对地无弹性的。[translate]
A. The elastic part of the demand curve B. The inelastic part of the demand curve C. The elastic part of the supply curve D. The inelastic part of the supply curve 相关知识点: 试题来源: 解析 B。解析:在需求曲线中,当价格上升而需求量减少幅度较小时,说明需求是缺乏弹性的,也就是在需求曲线...
Supply and demand curves This diagramshows supply and demand curves. The vertical axis represents the price of the product, and the horizontal axis represents its quantity. The supply curve showshow the supply of products is affected by changes in price. The demand curve shows how the demand fo...
They can also choose to decrease the price and get more sales volume. Which one should they choose? They should choose to increase the price if the demand curve is inelastic, and decrease the price to get more customers and get a higher total revenue when the demand curve is inelastic and...
The result is that the short-term demand curve looks like this: In other words, a large change in price only has a small impact on demand. Supply of conventional oil is also relatively inelastic, although for a different reason. The actual cost of pumping a marginal barrel of oil is re...
What is supply and demand? How is it shown on a graph? Explain how to draw a demand curve for a free good where the demand increases yet the supply remains inelastic. Draw a diagram that shows a larger increase in demand than the decrease in supply. ...
Oil demand is therefore inelastic, because the “percentage change in the quantity of oil demanded is less than the percentage change in price” (Parkin 2010, p.84), giving price elasticity a value between zero and 1. Figure 1 illustrates this inelastic demand curve, and shows that a large...
Price elasticity of demand refers to the sensitivity of prices in relation to demand. A good has inelastic demand if consumption does not change much in response to a change in prices. The law of supply and demand applies to a nation's money supply, as well as to products and services. ...