Suppose the demand and supply functions for a certain goods are given by: QD=10−P QS=P−4 Find the total economic surplus generated at the market equilibrium. 答案為 = 9
【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.
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： The expansion of capital that can occur in the long-run but not in the short-run, means that the long-run supply is 答案： more elastic than the short-run supply curve.
每日答題： When demand increases and supply decreases, the 答案： equilibrium price rises, and the equilibrium quantity might increase, decrease, or remain constant.
每日答題： Suppose the demand and supply functions for a certain goods are given by: QD=10-P QS=P-4 Find the total economic surplus generated at the market equilibrium 答案：9.0
【題目】 When demand increases and supply decreases, the equilibrium price falls, and the equilibrium quantity might increase, decrease, or remain constant. equilibrium price rises, and the equilibrium quantity might increase, decrease, or remain constant. equilibrium quantity decreases, and the equilibrium price might rise, fall, or remain constant. equilibrium quantity increases, and the equilibrium price might rise, fall, or remain constant.
【題目】 The supply curve for a good or service shows the sellers’ maximum acceptable price. target price. average acceptable price. minimum acceptable price.
【題目】 When demand increases and supply decreases, the equilibrium price falls, and the equilibrium quantity might increase, decrease, or remain constant. equilibrium quantity decreases, and the equilibrium price might rise, fall, or remain constant. equilibrium quantity increases, and the equilibrium price might rise, fall, or remain constant. equilibrium price rises, and the equilibrium quantity might increase, decrease, or remain constant. -----答案
標籤: supply
