題目： What would happen to the equilibrium price and quantity of coffee if the wages of coffee-bean pickers fell and the price of tea fell? 答案： Price will fall and the effect on quantity is ambiguous
【題目】 The fallacy of composition is evident in which of the following statements? Technological progress helps everybody. When the NFC team wins the Superbowl, the stock market rises. If each farmer works harder all farmers will be richer. ...
題目： Which of the following system is used to manage information about customers, interact with customers, and to improve a company's relationship with its customers? 答案 : CRM
題目： Suppose that the price of eggs increases from 75 cents to $1.00 per dozen and as a result a typical farmer experiences a decrease in egg sales from 300 to 200 dozen per week. Using the method of average values, the price elasticity of demand is 答案： 1.4
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. 答案： ...
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