每日答題: Suppose the price elasticity of demand for oil is 0.1. price elasticity of supply for oil is 0. In order to lower the price of oil by 20 percent, the quantity of oil supplied must be increased by 答案: 2 percent.
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】 Suppose the price elasticity of demand for oil is 0.1. price elasticity of supply for oil is 0. In order to lower the price of oil by 20 percent, the quantity of oil supplied must be increased by 2 percent. 200 percent. 0.2 percent. 20 percent.
【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】 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.