An analyst does research about price elasticity of demand and determines thatwhen the price of a product increases from 15 to 17, the quantity demandeddecreases from 51 units to 45 units.The product's price elasticity of demand isbest described as:[单选题]...
When the price of a product rises significantly, what usually happens to the supply? A. It decreases B. It remains the same C. It increases D. It is unpredictable 相关知识点: 试题来源: 解析 C。解析:在市场供需关系中,当产品价格显著上升时,根据价格调节机制,供应商通常会受到利润增加的激励而...
ceteris paribus“(在经济理论中的)其他情况均相同;其他因素均保持不变”。市场需求的变化有两种情况:①需求量(quantity demanded)的变化,是假定其他条件不变,商品本身的价格变动所引起的需求量的增加或减少,实际上是需求定律发生作用的表现。在坐标图上表现为需求量沿着需求曲线上下移动。②需求(demand)的变化,是指...
Question: When the price of a product increases,Select one:a.quantity supplied decreasesb.supply increasesc.quantity supplied increasesd.supply decreases a. quantity supplied decreases b. supply increases c. quantity supplied increases d. supply decreases...
百度试题 题目[判断题] (2分) When the price of a good rises, the quantity demanded of the good increases. ( ) A. 对 B. 错 C. 相关知识点: 试题来源: 解析 A.对 反馈 收藏
On the supply - demand curve graph, when the price of a complementary good increases, what will happen to the demand curve of the main good? A. Shift to the right B. Shift to the left C. Remain unchanged D. Become a horizontal line 相关知识点: ...
When the relative price of a good increases, consumers will respond by buyingA. a larger quantity of that good and a larger quantity of substitutes for that good. B. a larger quantity of that good and a smaller quantity of substitutes for that good. C. a smaller quantity of that good ...
A firm operates in an industry characterized by monopolistic competition. When the price of the firm's one product increases from 40 to 60, the quantity demanded for the firm's another product decreases from 90 to 50. The cross elasticity of demand is cLosest to:() A. -0.70 B. -1.43...
Afirm operates in an industry characterized by monopolistic competition.When the price of the firm's one product increases from 40 to 60, thequantity demanded for the firm's another product decreases from 90 to 50.Thecross elasticity of demand is closest to:[单选题] A. -0.70 B. -1.43 C....
Normally, increases in the price of a product decrease its sales except when the price increase accompanies an improvement in the product. Wine is unusual, however. Often increases in the price of a particular producer’s wine will result in increased sales, even when the wine itself is unchan...