【題目】 The fallacy of composition is evident in which of the following statements? Technological progress helps everybody. If each farmer works harder all farmers will be richer. X and Y go together; therefore, X has caused Y. Whe ...
【題目】 Q ： Suppose the demand and supply functions for a certain goods are givenby: QD=10-P QS=P-4 Find the total economic surplus generated at the market equilibrium 【解答】： 9.0
【題目】 「Last October, due to an early frost, the price for a pumpkin increased by 10 percent.As a result, the quantity demanded decreased from 2 million to 1.5 million.」 Based on this statement, the demand for pumpkins is unit elastic. demand for pumpkins ...
【題目】 Crude oil can be refined into home heating oil or gasoline. If very cold weather caused the price of home heating oil to increase, then the supply of gasoline would increase. the equilibrium price of gasoline would rise. the supply of home ...
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