Bananas and apples are substitutes. When the price of bananas falls and a technological advancement in apple production occurs at the same time:
举一反三
- There _______(be) an apple and two bananas on the table.
- Suppose that bananas are a normal good and Woody is currently consuming 100 bananas at a price of 10 cents each.
- The man wants ______. A: apples B: lemons C: oranges D: bananas
- Wilbur consumes only apples and bananas. He prefers more apples to less, but he gets tired of bananas. If he consumes fewer than 18 bananas per week, he thinks that one banana is a perfect substitute for one apple. But you would have to pay him one apple for each banana beyond 18 that he consumes. The indifference curve that passes through the consumption bundle with 27 apples and 30 bananas also passes through the bundle with A apples and 13 bananas, where A equals: A: 17 B: 28 C: 26 D: 20
- France produces wine and tractors. If, given the same resources, France can increase production of wine and tractors, at the same time, then France A: is producing outside his Production Possibility Frontier B: is has achieved technological advancement in the production of kola and cashew nuts C: is producing on its Production Possibility Frontier D: is producing inside its Production Possibility Frontier