Ryansaysthathewouldbuyonecupofcoffeeeverydayregardlessoftheprice.Ifheistellingthetruth,Ryan’s
A: demand for coffee is perfectly inelastic.
B: price elasticity of demand for coffee is 1.
C: income elasticity of demand for coffee is 0.
D: None of the above answers is correct.
A: demand for coffee is perfectly inelastic.
B: price elasticity of demand for coffee is 1.
C: income elasticity of demand for coffee is 0.
D: None of the above answers is correct.
A
举一反三
- For a horizontal demand curve, A: the slope is undefined, and the price elasticity of demand is equal to 0. B: the slope is equal to 0, and the price elasticity of demand is undefined. C: both the slope and price elasticity of demand are undefined. D: both the slope and price elasticity of demand are equal to 0.
- When demand is inelastic the price elasticity of demand is
- The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( ) A: supply price elasticity of domestic import and export commodities B: demand income elasticity of domestic imports and exports commodities C: expected Elasticity of demand for domestic imports and exports commodities D: demand price elasticity of domestic imports and exports commodities
- The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( ) A: supply price elasticity of domestic import and export commodities B: demand income elasticity of domestic imports and exports commodities C: expected Elasticity of demand for domestic imports and exports commodities D: demand price elasticity of domestic imports and exports commodities
- In B2B markets, the demand for coffee beans is related to the demand for coffee machines. This example reflects elastic demand.
内容
- 0
Economists compute the price elasticity of demand as the_________.
- 1
If the price elasticity of demand for opera tickets in Chicago is 1.00, then the demand for opera tickets in Chicago is
- 2
Given a demand function Q=100-5P, what is the price elasticity of demand at the price 10? A: -1 B: -25 C: -0.2 D: -10
- 3
Price elasticity of demand along a linear, downward-sloping demand curve increases as price falls. A: 正确 B: 错误
- 4
中国大学MOOC: Price elasticity of demand along a linear, downward-sloping demand curve increases as price falls.