If the equlibrium price of gasoline is $1.00 per gallon and the government places a price ceiling on gasoline of $1.50 p 点我阅读全文
Mike consumes two commodities, x and y; and his utility function is min{x +2y,y+2x}. He chooses to buy 8 units of good x 点我阅读全文
Quasilinear preferences are homothetic when the optimal amount of one of the goods is not affordable. A:对 B:错 答案: 错 点我阅读全文
A:对 B:错 答案: 错With quasi-linear preferences, the slope of indifference curves is constant along all rays through the orig 点我阅读全文
A:对 B:错 答案: 错Hans has 27 dollars, which he decides to spend on x and y. Commodity x costs $16 per unit and commodity y c 点我阅读全文
A:对 B:错 答案: 错If a consumer does not have convex preferences, then a point of tangency between her indifference curve and 点我阅读全文
A:对 B:错 答案: 对The only requirement for a market to be perfectly competitive is for the market to have many buyers and sel 点我阅读全文
A:social phenomena B:stories C:people’s imagination 答案: social phenomenaThe demand curve shows ( ) 点我阅读全文
A:Resources will be exhausted B:Resources are not renewable C:Comparing with demand, resources are always limited D:Reso 点我阅读全文
A:错 B:对 答案: 对Economic equilibrium means the economic status will not be changed without others changing. 点我阅读全文