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The price elasticity of demand is a measure of
发布时间:
2024-05-12 03:21:41
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相关试题
1.
When quantity moves proportionately the same amount as price, demand is__.A.perfectly elastic, and the price elasticity of demand is infinitely largeB.elastic, and the price elasticity of demand is 1C.unit elastic, and the price elasticity of demand is 1D.perfectly inelastic, and the price elasticity of demand is 0
2.
You would expect the price elasticity of demand for transportation generally to be:选项: A:less than price elasticity of the demand for bus tickets.; B:greater than price elasticity of the demand for bus tickets.; C:greater than price elasticity of the demand for bus tickets when bus tickets are expensive, but less than price elasticity of the demand for bus tickets when the prices of bus tickets fall.; D:the same as price elasticity of the demand for bus tickets.
3.
The income elasticity of demand is a measure of
4.
Eliminating price supports for all U.S. agricultural producers will hurt the farmers who cultivate products that have: 选项: A:a high own price elasticity of demand and a high price elasticity of market supply. B:a high own price elasticity of demand and a low price elasticity of market supply. C:a low own price elasticity of demand and a high price elasticity of market supply. D:a low own price elasticity of demand and a low price elasticity of market supply.
5.
The responsiveness of the quantity demanded of one good to a change in the price of a different good is measured by the:选项: A:price elasticity of demand.; B:price elasticity of supply.; C:cross-price elasticity of demand.; D:income elasticity of demand.
6.
Which of the following is correct? ____. 选项: A、All linear demand curves have a constant slope and a constant price elasticity of demand B、The price elasticity of demand changes while moving along a downward-sloping linear demand curve C、The magnitude of the slope of all linear demand curves is equal to the price elasticity of demand D、The slope of a linear demand curve has nothing to do with the price elasticity of demand
7.
The price elasticity of demand is a measure of: 选项: A:the change in quantity demanded of a good that results from a change in its price. ; B:the change in price of a good that results from a change in its quantity demanded. ; C:the demand for a good. ; D: how consumers respond to excess demand.
8.
The percentage change in quantity demanded that results from a 1 percent change in price is known as the:选项: A:price elasticity of demand.; B:cross-price elasticity of demand.; C:price elasticity of supply.; D:income elasticity of demand.
9.
Which of the following is correct? ____. A: All linear demand curves have a constant slope and a constant price elasticity of demand B: The price elasticity of demand changes while moving along a downward-sloping linear demand curve C: The magnitude of the slope of all linear demand curves is equal to the price elasticity of demand D: The slope of a linear demand curve has nothing to do with the price elasticity of demand
10.
If an increase in income results in a decrease in the quantity demanded of a good, then for that good, the _________ 选项: A、 income elasticity of demand is negative B、 cross-price elasticity of demand is negative C、 price elasticity of demand is elastic D、 income elasticity of demand is positive
11.
A government seeking to raise revenue would be most likely to tax a good with a ( )选项: A: high income elasticity of demand.; B:low cross-price demand elasticity.; C:high price elasticity of demand.; D: low price elasticity of demand.
12.
To determine whether a good is considered normal or inferior, one could examine the value of the_________. 选项: A、 price elasticity of supply for that good B、 income elasticity of demand for that good C、 price elasticity of demand for that good D、 cross-price elasticity of demand for that good
13.
Demand is inelastic if the price elasticity of demand is
14.
The table above gives the demand schedule for peas. Which of the following statements correctly describes the price elasticity of demand? 选项: A、 The price elasticity of demand is larger at point A than at point B. B、 The price elasticity of demand is larger at point D than at point A. C、 The price elasticity of demand is constant because the slope is constant. D、 The price elasticity of demand increases moving from point A to point B to point C to point D to point E.
15.
Suppose the price of burgers increases from $2 to $3 each. The degree to which quantity demanded responds to this price increase depends on the 选项: A、 A) price elasticity of demand. B、 B) the price elasticity of supply. C、 C) income elasticity of demand. D、 D) cross elasticity of demand.
16.
The smaller the price elasticity of demand, the
17.
Price elasticity of demand measures the
18.
Explain price elasticity. What determines the elasticity of demand?
19.
When demand is elastic the price elasticity is
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