【題目】 The owner of a local hot dog stand has estimated that if he lowers the price of hot dogs from $2.00 to $1.50, he will increase sales from 400 to 500 hot dogs per day. Using the midpoint formula, the demand for hot dogs is unit elastic. inelastic. perfectly elastic. elastic.
每日答題: 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 答案: the equilibrium price of gasoline would rise
【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】 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 demand of gasoline would decrease. the supply of home heating oil would decrease. the equilibrium price of gasoline would rise.
【題目】 The owner of a local hot dog stand has estimated that if he lowers the price of hot dogs from $2.00 to $1.50, he will increase sales from 400 to 500 hot dogs per day. Using the midpoint formula, the demand for hot dogs is 僅好友可見
【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 home heating oil would decrease. the equilibrium price of gasoline would rise. ----答案 the supply of gasoline would increase. the demand of gasoline would decrease.
【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 equilibrium price of gasoline would rise. -------答案 the supply of home heating oil would decrease. the demand of gasoline would decrease. the supply of gasoline would increase.
【題目】 Raisin bran and milk are complementary goods. A decrease in the price of raisins will decrease 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 decrease producer surplus in the market for milk. increase 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. increase consumer surplus in the market for raisin bran and increase producer surplus in the market for milk