Based on bid prices, the price elasticity of demand for water allocations appears highly elastic, with elasticities strongly influenced by the season and drought. The price elasticity of supply for water allocations is also elastic, albeit less elastic than demand. Using actual prices paid, water ...
Suppose that the price elasticity of supply for oil is 0.1. Then, if the price of oil rises by 20 percent, the quantity of oil supplied will increase A. by 200 percent. B. by 20 percent. C. by 2 percent. D. by 0.2 percent. ...
百度试题 结果1 题目The price elasticity of supply when the supply curve is Q = 5 is? Cannot be calculated from the information provided.perfectly elastic.perfectly inelastic.5 相关知识点: 试题来源: 解析 perfectly inelastic.
An important determinant of the price elasticity of supply is the extent to which A. the commodity is a luxury or a necessity. B. the demand for it is both price and income elastic. C. the product has many complements or substitutes. D. production requires the use of particularly scarce ...
Suppose an increase in the price of hamburger from $3 to $4 leads to an increase in quantity supplied from 100 units to 150 units. At the original price, the price elasticity of supply for hamburgers is _ so supply is _. A.2/3; elastic...
15) An important determinant of the price elasticity of supply is the extent to which A) the commodity is a luxury or a necessity. B) the demand for it is both price and income elastic. C) the product has many complements or substitutes. D) production requires the use of particularly sc...
Suppose the price elasticity of supply for candles is 0.3 in the short run and 1.2 in the long run. If an increase in the demand for candles causes the price of candles to increase by 36%, then the quantity supplied of candles will increase by about A.0.8% in the short run and 3.3...
If the price elasticity of supply for a product is 0.5 a price increase from 1 to 1.04 will cause quantity supplied to ; ( )A. rise by 4 percent B. fall by 2percent C. fall by 4 percent D. rise by 2 percent 相关知识点: ...
The price elasticity of supply when the supply curve is Q = 5 is A.perfectly elastic. B.5 C.Cannot be calculated from the information provided. D.perfectly inelastic.点击查看答案进入小程序搜题你可能喜欢下列关于娱乐场所设立的限制性规定的说法,正确的包括( )。 A. 外国投资者可以设立独资经营的...
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