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2024-03-31
【題目】 If a fall in the price of good A increases the quantity demanded of good B,
A and B are complements【題目】 Bonds that have an option exercisable by the issuer to retire them at a stated dollar amount prior to maturity are known as:
Callable bonds.
2024-03-26
【題目】 The kinked demand curve model was developed to help explain.
rigidities in prices in oligopolistic industries.
2024-03-24
【題目】 Assume
that we have a demand curve of the form.log(Q)=a-b×log(P)+c×log(I),
where Q=quantity, P=price, I=income, and a, b, and c are positive
constants. The income and price elasticities for the demand curve
represented above are always
constant.
2024-03-23
【題目】 A
simple linear demand function may be stated as Q= a-bP+cI where Q is
quantity demanded , P is the product price, and I is consumer income. To
compute an appropriate value for c, we can use observed values for Q
and I and then set the estimated income elasticity of demand equal to.
c(I／Q)
2024-03-21
【題目】 If
price exceeds average costs under pure competition, in the long run
,______ firms will enter the industry, supply will ______, and price
will be driven ______.
more ； increase ； down
2024-03-05
題目】 The statement “An increase in the price of gasoline will lead to a decrease in the amount purchases” is
a positive statement.
2024-03-02
題目】Suppose the demand and supply functions for a certain goods are given by:
QD=10-P QS=P-4
QD=10-P QS=P-4
答: 9.0
