【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 pric ...
【題目】 If a price increase of 5 percent increases the quantity demanded of another good by 2 percent, the goods must be and the cross elasticity of demand equals substitutes; 2.5. complements;- 0.4 complements; -2.5. substitutes; 0 ...
【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 【解答】: will go up.
K博士完勝! Salute to Dr K! you are a hero. Thank you for standing for freedom of speech supporting Hong Kong and Taiwan. Taiwan is a free independent country. Taiwan desperately needs support from the world.End the Evil CCP. Love your music, love Boogie Woogie! we support you 100% from ...
【題目】 The price elasticity of demand for cigarettes is 0.4. If government wants to reduce smoking by 10 percent, by how much should it raise the price of cigarettes by imposing a tax? by 50 percent by 25 percent by 10 percent by ...