20241015 2024-10-15

【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 price ...

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20241013 2024-10-13

【題目】: The demand for a product tends to be inelastic if. 【答案】: Thea small proportion of consumer's income is spent on the good.

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20241012 2024-10-12

【題目】： If the quantity demanded increase as peoples incomes increase, the result of 【解答】： a normal good. 

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20241004 2024-10-04

題目：Nick can purchase each milkshake for $2. For the first milkshake purchased Nick is willing to pay $4, for the second milkshake $3, for the thir ...

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20241003 2024-10-03

【題目】：A profit-maximizing firm in a competitive market is able to sell its product for $7. At its current level of output, the firm’s average to ...

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20240930 2024-09-30

題目：When marginal profit equals zero. 答案：profit is maximized

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