If demand increases by a factor of k, the optimal lot size increases by a factor of
举一反三
- When the size of a tax is doubled, the deadweight loss from the tax ( ) A: increases by the size of the tax. B: doubles. C: remains constant. D: increases by a factor of four.
- 以下各句正确的是__________。 A: An increase in demand is likely to cause a rise in prices. B: Increases in demand usually lead price increases. C: If demand increases; as a result, prices tend to rise. D: Increases in price are often resulted by increases in demand.
- Factor markets are different from product markets in an important way because A: equilibrium is the exception, and not the rule, in factor markets. B: the demand for a factor of production is a derived demand C: the demand for a factor of production is likely to be upward sloping, in violation of the law of demand. D: All the answers are correct.
- Factor markets are different from product markets in an important way because A: equilibrium is the exception, and not the rule, in factor markets. B: the demand for a factor of production is a derived demand C: the demand for a factor of production is likely to be upward sloping, in violation of the law of demand. D: All of the above are correct.
- The law of demand states that the quantity demanded of a product increases as: