In the end, the woman reduces the minimum order with a slight increase in price.
举一反三
- Which of the following will definitely occur when there is an increase in demand for and a decrease in supply of milk? A: an increase in equilibrium quantity B: a decrease in equilibrium quantity C: a decrease in equilibrium price D: an increase in equilibrium price.
- If the government sets a minimum price for gasoline below the equilibrium price:
- When the price of a good increases, all else equal, the higher price A: leads to a parallel shift of the budget constraint B: will necessarily lead to an increase in the consumption of goods whose price did not change C: reduces the consumer's set of buying opportunities D: generally discourages the consumption of inferior goods
- Which of the following would unambiguously cause a decrease in the equilibrium price of cotton shirts? ( ) A: an increase in the price of wool shirts and a decrease in the price of raw cotton B: a decrease in the price of wool shirts and a decrease in the price of raw cotton. C: an increase in the price of wool shirts and an increase in the price of raw cotton. D: a decrease in the price of wool shirts and an increase in the price of raw cotton.
- The initial offer price for the target firm is defined as A: The minimum price B: The present value of the minimum price plus some fraction of the present value of net synergy C: The present value of net synergy plus the current market value of the target firm D: The maximum price less the minimum price E: The maximum price less the present value of net synergy