举一反三
- Suppose that the government sets a maximum price for insulin below the equilibrium price:
- If the government sets a minimum price above the equilibrium price for soybeans. which of the following statements will be correct？
- If the equilibrium price of an airline ticket is ￥1000 and the government imposes a price floor of ￥1200 on airline tickets, then fewer airline tickets will be sold than at the market equilibrium.
- If the government sets a minimum price for gasoline below the equilibrium price:
- 中国大学MOOC: When the price of a good is held above the equilibrium price, the result will be
内容
- 0
An increase in market supply and an increase in market demand will result in A: A decrease in equilibrium price and an increase in equilibrium quantity B: A decrease in equilibrium price - the change in equilibrium quantity is indeterminate C: An increase in equilibrium quantity and the change in price is unclear D: all of above
- 1
If the government imposes a binding price floor on sugar, it may also have to .
- 2
If the government establishes a legal price floor for a good, the result will be a(n) A: shortage of the good, but only if the floor is equal to the equilibrium price. B: surplus of the good, but only if the floor is above the equilibrium price. C: surplus of the good, but only if the floor is below the equilibrium price. D: shortage of the good, but only if the floor is above the equilibrium price.
- 3
A wage is the price for labor. A minimum wage set above equilibrium wage would be an example of: A: . a price ceiling. B: . a price floor. C: . a gap in prices or wages. D: . a wage settlement.
- 4
When the price of a good is held above the equilibrium price, the result will be A: Excess demand B: A shortage of the good C: A surplus of the good D: A shortage of the good