【題目】 The prisoners’ dilemma is a simple game in which: both parties gain by following their own self-in terests. both parties are made worse off by following their own self-interests. one party is made better off and another worse off by f ...
【題目】A profit-maximizing firm in a competitive market is able to sell its product for $7. At its current level of output, the firm’s average total cost is $10. The firm’s marginal cost curve crosses its marginal revenue curve at an output level of 9 units. The firm experiences a 【答案】loss ...
【題目】Q: Suppose the price elasticity of demand for tickets of Taiwan High Speed Railway (THSR) is 1.5.Ceteris paribus, when THSR reduces its prices, its revenue 【答案】: will go up.
【題目】:The figure shows the market for books before and after a sales tax is introduced. The tax on books is ____ a book, buyers pay ____ of tax per book, and the governments tax revenue is ____. 答案:$1.20; $0.80; $12