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ID:18903483
大小:1.09 MB
页数:191页
时间:2018-09-26
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1、Chapter5/ElasticityandItsApplicationv477Chapter5ElasticityandItsApplicationTRUE/FALSE1.Elasticitymeasureshowresponsivequantityistochangesinprice.ANS:TDIF:1REF:5-0NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Definitional2.Measuresofelasticityenhanceourabilitytostudy
2、themagnitudesofchanges.ANS:TDIF:1REF:5-0NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Definitional3.Thedemandforbreadislikelytobemoreelasticthanthedemandforsolid-goldbreadplates.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive4.
3、Ingeneral,demandcurvesfornecessitiestendtobepriceelastic.ANS:FDIF:1REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive5.Ingeneral,demandcurvesforluxuriestendtobepriceelastic.ANS:TDIF:1REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Inte
4、rpretive6.Necessitiestendtohaveinelasticdemands,whereasluxurieshaveelasticdemands.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive7.Goodswithclosesubstitutestendtohavemoreelasticdemandsthandogoodswithoutclosesubstitutes.ANS:TDIF:2REF:5-1NA
5、T:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive8.ThedemandforRiceKrispiesismoreelasticthanthedemandforcerealingeneral.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive9.ThedemandforsoapismoreelasticthanthedemandforDoveso
6、ap.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive10.Thedemandforgasolinewillrespondmoretoachangeinpriceoveraperiodoffiveweeksthanoveraperiodoffiveyears.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretiv
7、e11.Eventhedemandforanecessitysuchasgasolinewillrespondtoachangeinprice,especiallyoveralongertimehorizon.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive12.Thepriceelasticityofdemandisdefinedasthepercentagechangeinquantitydemandeddividedby
8、thepercentagechangeinprice.ANS:TDIF:1REF:5-1NAT:AnalyticLOC:E
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