【題目】 Two goods are complements if a decrease in the price of one good decreases the demand for the other good. increases the demand for the other good. the demand for the other good does not change. None of above is correct 答: increases the demand for the other good.
【題目】 Under which of the following conditions would the interdiction of illegal drugs result in a decrease in the quantity of drugs sold and in a decrease in total spending on illegal drugs by drug users? The price elasticity of demand for illegal drugs is 1.3. The interdiction has the effect of shifting the demand curve for illegal drugs to the right. The price elasticity of supply for illegal drugs is 0.8. The interdiction has the effect of shifting the supply curve for illegal drugs to the right.
【題目】 Two goods are complements if a decrease in the price of one good decreases the demand for the other good. None of above is correct the demand for the other good does not change. increases the demand for the other good.
【題目】 The statement “An increase in the price of gasoline will lead to a decrease in the amount purchases” is a political statement. a positive statement. a normative statement. a scientific statement.
【題目】 A decrease in the supply lowers its equilibrium price and increases its equilibrium quantity. increases both its equilibrium price and its equilibrium quantity. raises its equilibrium price and decreases its equilibrium quantity. decreases both its equilibrium price and its equilibrium quantity.
【題目】 Raisin bran and milk are complementary goods. A decrease in the price of raisins will increase consumer surplus in the market for raisin bran and increase producer surplus in the market for milk. decrease consumer surplus in the market for raisin bran and increase producer surplus in the market for milk. increase consumer surplus in the market for raisin bran and decrease producer surplus in the market for milk. decrease consumer surplus in the market for raisin bran and decrease producer surplus in the market for milk.
【題目】 Two goods are complements if a decrease in the price of one good the demand for the other good does not change. decreases the demand for the other good. None of above is correct increases the demand for the other good. ---答案