The first condition for equilibrium(平衡) ensures that a body(物体) should be in translational(平动的) equilibrium; the second, that it be in rotational(转动的) equilibrium.
The first condition for equilibrium(平衡) ensures that a body(物体) should be in translational(平动的) equilibrium; the second, that it be in rotational(转动的) equilibrium.
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 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.
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
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
The AA schedule shows________. ( ) A: Exchange rate and output pairs at which only the foreign exchange market is in equilibrium. B: Interest rate and output pairs at which only the foreign exchange market is in equilibrium. C: Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium. D: Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
The AA schedule shows________. ( ) A: Exchange rate and output pairs at which only the foreign exchange market is in equilibrium. B: Interest rate and output pairs at which only the foreign exchange market is in equilibrium. C: Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium. D: Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
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 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 equilibrium price of a good decreases and the equilibrium quantity of the good decreases, we can conclude that
If the equilibrium price of a good decreases and the equilibrium quantity of the good decreases, we can conclude that
Market failure in the form of externalities arises when the market fails to achieve equilibrium.
Market failure in the form of externalities arises when the market fails to achieve equilibrium.
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.
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.
The Nash equilibrium is an outcome of a game:
The Nash equilibrium is an outcome of a game:
For monopolistically competitive firms in long-run equilibrium:
For monopolistically competitive firms in long-run equilibrium: