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Producers' total revenue will decrease if
选项：

A: income increases and the good is a normal good.
B: the price rises and demand is elastic.
C: the price rises and demand is inelastic.
D: income falls and the good is an inferior good.

发布时间：2024-06-21 10:38:39

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1. Producers' total revenue will decrease if A: income increases and the good is a normal good. B: the price rises and demand is elastic. C: the price rises and demand is inelastic. D: income falls and the good is an inferior good.
2.By definition, an inferior good is a 选项： A、want that is not expressed by demand. B、normal substitute good. C、good for which demand decreases when its price rises. D、good for which demand decreases when income increases.
3.The demand curve for a normal good shifts leftward if income ________ or the expected future price ________. 选项： A、decreases; falls B、decreases; rises C、increases; falls D、increases; rises
4.If a good is “normal,” then an increase in income will result in ( )选项： A:no change in the demand for the good.; B:an increase in the demand for the good.; C:a decrease in the demand for the good.; D:a lower market price.
5.If income decreases or the price of a complement rises 选项： A、the demand curve for a normal good shifts leftward. B、the demand curve for a normal good shifts rightward. C、there is an upward movement along the demand curve for the good. D、there is a downward movement along the demand curve for the good.
6.Assume that a 4 percent decrease in income results in a 6 percent increase in the quantity demanded of a good. The income elasticity of demand for the good is 选项： A、negative, and the good is an inferior good. B、negative, and the good is a normal good. C、positive, and the good is an inferior good. D、positive, and the good is a normal good.
7.“Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quantity demanded rises.” This relationship between price and quantity demanded is referred to as 选项： A、equilibrium. B、the law of demand. C、the relationship between supply and demand. D、the definition of an inferior good.
8.“Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quantity demanded rises.” This relationship between price and quantity demanded is referred to as选项： A:equilibrium.; B:the law of demand.; C:the relationship between supply and demand.; D:the definition of an inferior good.
9.“Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quantity demanded rises.” This relationship between price and quantity demanded is referred to as 选项： A、A、 equilibrium. B、B、 the law of demand. C、C、 the relationship between supply and demand. D、D、 the definition of an inferior good.
10.“Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quantity demanded rises.” This relationship between price and quantity demanded is referred to as选项： A:A、 equilibrium. ; B:B、 the law of demand.; C:C、 the relationship between supply and demand.; D:D、 the definition of an inferior good.
11.To determine whether a good is considered normal or inferior, one could examine the value of theA．income elasticity of demand for that good.B．price elasticity of demand for that good.C．price elasticity of supply for that good.D．cross-price elasticity of demand for that good.
12.If the demand curve for a good is a downward sloping straight line, the demand for the good will be more price elastic the higher is theA．price of the good.B．price of complements.C．income of consumers.D．income elasticity of demand for that good.
13.If the demand curve for a good is a downward sloping straight line, the demand for the good will be more price elastic the higher is theA.price of the good.B.price of complements.C.income of consumers.D.income elasticity of demand for that good.
14.[单选题]Ifthedemandforagoodispriceinelastic,whichofthefollowingistrue? A When the price of the good rises, the quantity demanded falls but total expenditure on the good increases. B When the price of the good rises, the quantity demanded falls and total expenditure on the good decreases. C When the price of the good rises, the quantity demanded rises and total expenditure on the good increases. D When the price of the good rises, the quantity demanded falls but total expenditure on the good is unchanged.
15.The law of demand states that, other things equal, when the price of a good 选项： A、falls, the demand for the good rises. B、rises, the quantity demanded of the good rises. C、rises, the demand for the good falls. D、falls, the quantity demanded of the good rises.
16.If the price of product X falls and this change increases the demand for product Y, then 选项： A、X and Y are complements. B、X and Y are substitutes. C、X is an inferior good. D、Y is an inferior good.
17.Which of the following is true? 选项： A: For an inferior good, when income increases, the demand curve shifts leftward. B: If the price of a substitute rises, the demand curve shifts leftward. C: If people expect the price of a good will rise in the future, the demand curve shifts leftward. D: An increase in population shifts the demand curve leftward.
18.Demand is said to be price elastic if选项： A:the price of the good responds substantially to changes in demand.; B:demand shifts substantially when income or the expected future price of the good changes.; C:buyers do not respond much to changes in the price of the good.; D:buyers respond substantially to changes in the price of the good.
19.If the substitution effect of a lowered price is partly or fully offset by the income effect, we know that the good in question is not a(n) ( )选项： A:complementary good. ; B:inferior good. ; C:luxury good.; D:normal good.

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Producers' total revenue will decrease if 选项： A: income increases and the good is a normal good. B: the price rises and demand is elastic. C: the price rises and demand is inelastic. D: income falls and the good is an inferior good.

Producers' total revenue will decrease if
选项：

A: income increases and the good is a normal good.
B: the price rises and demand is elastic.
C: the price rises and demand is inelastic.
D: income falls and the good is an inferior good.