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B. Poverty can be eliminated through prudence. C. Excessive consumption may result in a financial crisis. D. Impoverished people can afford luxuries providing they are frugal E. nough. 相关知识点: 试题来源: 解析 C 正确答案:C解析:推理题。第二段中的经济学法则说明,过度消费是财政危机的一个...
One of the most important concepts of microeconomics is the law of supply and demand. This law states that if everything else stays the same, the price of a good or service will be high if the demand for it is high and the supply of it is low. On the other hand, if the demand...
In economics, the law of supply is often noted with what is known as a supply curve, though typically the model is a straight line extending upward from left to right. On the x-axis, or horizontal line, is the quantity. On the y-axis, or vertical line, is the line for price. Typi...
1.Whereisthistextprobablytakenfrom? A.Atextbook. B.Anexampaper C.Acourseplan. D.Anacademicarticle. 2.How manypartsisastudent?sfinalgrademade upof? A.Two. B.Three. C.Four. D.Five. 3.Whatwillhappenifyousubmitanessayone weekaftertheduedate? A.Youwillreceiveazero. B.Youwilllosealettergrade...
What Is the Law of Large Numbers? What Does Business Logistics Mean? What Is a Last Will and Testament? What Are Liquidity Ratios? What Are Long-Term Equity Anticipation Securities (LEAPS)? What Is a Leverage Ratio? What Is a Loan-to-Value (LTV) Ratio?
Chapter 1: What does economics have to do with law?Friedman, David
The law of demand is a fundamental principle of economics that states that at a higher price, consumers will demand a lower quantity of a good. Demand is derived from the law of diminishing marginal utility, the fact that consumers use economic goods to satisfy their most urgent needs first....
When the law of diminishing MRS is in effect, the MRS forms a downward, negative sloping, convex curve showing more consumption of one good in place of another. MRS may not inform analysts of true utility as it assumes both products can be exchanged for the same utility. ...
What Is the Law Merchant? 来自 Semantic Scholar 喜欢 0 阅读量: 31 作者: John S. Ewart 摘要: Even if those sentences of mine, quoted by Professor Burdick, were wrong, it was worth while writing them in order that we might have the very interesting article in which they are attacked....