Ingeneral,elasticityis
A: the friction that develops between buyers and sellers in a market.
B: a measure of how much government intervention is prevalent in a market.
C: a measure of how competitive a market is.
D: a measure of how much buyers and sellers respond to changes in market conditions.
A: the friction that develops between buyers and sellers in a market.
B: a measure of how much government intervention is prevalent in a market.
C: a measure of how competitive a market is.
D: a measure of how much buyers and sellers respond to changes in market conditions.
举一反三
- Ingeneral,elasticityisameasureof A: the extent to which advances in technology are adopted by producers. B: the extent to which a market is competitive. C: how firms’ profits respond to changes in market prices. D: how much buyers and sellers respond to changes in market conditions.
- 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
- A market is a place where buyers and sellers gather to__________ their goods and services.
- Market research is used to_______. A: describe existing market conditions B: explain certain market behavio C: predict how consumers might respond to new products D: predict changes in marketing mixes
- If a tax is imposed on a market with inelastic supply and elastic demand, then A: buyers will bear most of the burden of the tax. B: sellers will bear most of the burden of the tax. C: the burden of the tax will be shared equally between buyers and sellers. D: it is impossible to determine how the burden of the tax will be shared.