標籤: Good

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相關日誌

Suppose there are only two firms supplying in the market and they produce a homo: 熱度 7 殺很小 2024-2-9 00:18; 【題目】 Suppose there are only two firms supplying in the market and they produce a homogeneous good. Two firms produce the good with the same constant marginal cost. Firms compete by setting price simultaneously . The equilibrium price of both firms must equal to the marginal cost times the markup. be greater than the marginal cost but smaller than the marginal cost times the markup. equal to the average cost. equal to the marginal cost.; 個人分類: 答題系列|882 次閱讀|0 個評論

Good A and good B are substitutes in production. The demand for good A increases: 熱度 2 殺很小 2024-1-23 00:12; 【題目】 Good A and good B are substitutes in production. The demand for good A increases so that the price of good A rises. The increase in the price of good A shifts the supply curve of good B leftward. supply curve of good B rightward. demand curve for good B leftward. demand curve for good B rightward.; 個人分類: 答題系列|235 次閱讀|0 個評論

For a good that is a necessity,: 熱度 7 殺很小 2024-1-18 00:05; 【題目】 For a good that is a necessity, quantity demanded tends to respond substantially to a change in price. the law of demand often does not apply. its price elasticity equals one. demand tends to be inelastic.; 個人分類: 答題系列|876 次閱讀|1 個評論

Two goods are complements if a decrease in the price of one good: 熱度 2 殺很小 2024-1-6 00:43; 【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.; 個人分類: 答題系列|183 次閱讀|0 個評論

If a fall in the price of good A increases the quantity demanded of good B,: 熱度 1 殺很小 2023-12-22 00:17; 【題目】 If a fall in the price of good A increases the quantity demanded of good B, A and B are substitutes B is a substitute for A, but A is a complement to B A and B are complements A is a substitute for B, but B is a complement to A; 個人分類: 答題系列|253 次閱讀|0 個評論

Suppose the price of a good rises. When will the resulting substitution effect r: 熱度 2 殺很小 2023-12-20 00:32; 【題目】 Suppose the price of a good rises. When will the resulting substitution effect reduce the quantity demanded of the good? Whenever the good is a non-Giffen good. Only when the good is inferior. Only when the good is normal. Always.; 個人分類: 答題系列|472 次閱讀|0 個評論

Suppose there are only two firms supplying in the market and they produce a homo: x226941981 2022-2-5 15:01; 【題目】 Suppose there are only two firms supplying in the market and they produce a homogeneous good. Two firms produce the good with the same constant marginal cost. Firms compete by setting price simultaneously . The equilibrium price of both firms must equal to the marginal cost. ---答案 equal to the average cost. equal to the marginal cost times the markup. be greater than the marginal cost but smaller than the marginal cost times the markup. 提交答案; 333 次閱讀|0 個評論

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