举一反三
- When sellers supply more of the product than buyers are willing to purchase, a ______ is created. A: shortage B: supply and demand schedule C: surplus D: demand
- Which of the following always raises the equilibrium price? A: an increase in both demand and supply B: a decrease in both demand and supply C: an increase in demand combined with a decrease in supply D: a decrease in demand combined with an increase in supply
- In a supply and demand figure, the equilibrium price and quantity are found at the A: point where quantity supplied equals quantity demanded. B: horizontal intercept of the demand curve. C: vertical intercept of the supply curve. D: horizontal intercept of the supply and the demand curves.
- 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.
- Which of the following is a characteristic of perfect competition? A: . A single seller. B: . A small number of buyers. C: . Buyers and sellers are price setters. D: . Buyers and sellers are price takers.
内容
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中国大学MOOC: When sellers supply more of the product than buyers are willing to purchase, a ______ is created.
- 1
The international market price of goods is determined by the competition between buyers and sellers, namely, the law of supply and demand. It includes（ ） A: Competitive selling between sellers B: Competitive buying between buyers C: Competition between buyers and sellers D: Competitive buying between sellers E: Competitive selling between buyers
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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
- 3
Which of the following statements is most accurate in regard to the tax division between buyers and sellers of products with perfectly elastic demand A: Sellers pay the entire tax. B: Buyers bear the entire tax burden. C: Buyers and sellers share the tax burden.
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Generally, price and demand is ____ related which means that the increase in the price would lead to the decrease in the demand for that product and vice versa.