【題目】 The owner of a local hot dog stand has estimated that if he lowers the price of hot dogs from $2.00 to $1.50, he will increase sales from 400 to 500 hot dogs per day. Using the midpoint formula, the demand for hot dogs is 【答案】 inelastic
【題目】 The demand for Chocolate Chip Cookie ice cream is likely quite elastic because the market is broadly defined. other flavors of ice cream are good substitutes for this particular flavor. ice cream must be eaten quickly. this ...
【題目】 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 will go down. will go up. will remain the same. may go up or down. ...
題目：The demand for Chocolate Chip Cookie ice cream is likely quite elastic because 答案： other flavors of ice cream are good substitutes for this particular flavor.
【題目】 Apples and oranges are substitute goods. A freeze in Florida destroyed a good portion of the orange crop. Ceteris paribus, the price of both apples and oranges will fall. both apples and oranges will rise. oranges will fall and the price of ...
【題目】 You are an economist for the Taipei City Subway Commission. Presently, the price of a subway ride is $80, and 250,000 seats are filled weekly. The income elasticity of demand is -0.60. If a recession lowered area incomes by 5％, how many additional seats per week would the subway n ...
際遇
挖寶
日誌
相冊
記錄