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ID:27662694
大小:1.50 MB
页数:110页
时间:2018-12-05
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1、Chapter5/ElasticityandItsApplicationv397Chapter5ElasticityandItsApplicationTRUE/FALSE1.Elasticitymeasureshowresponsivequantityistochangesinprice.ANS:TDIF:1REF:5-0NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Definitional2.Measuresofelasticityenhanceourabilitytost
2、udythemagnitudesofchanges.ANS:TDIF:1REF:5-0NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Definitional3.Thedemandforbreadislikelytobemoreelasticthanthedemandforsolid-goldbreadplates.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpre
3、tive4.Ingeneral,demandcurvesfornecessitiestendtobepriceelastic.ANS:FDIF:1REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive5.Ingeneral,demandcurvesforluxuriestendtobepriceelastic.ANS:TDIF:1REF:5-1NAT:AnalyticLOC:ElasticityTOP:Priceelasticityofdeman
4、dMSC:Interpretive6.Necessitiestendtohaveinelasticdemands,whereasluxurieshaveelasticdemands.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive7.Goodswithclosesubstitutestendtohavemoreelasticdemandsthandogoodswithoutclosesubstitutes.ANS:TDI
5、F:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive8.ThedemandforRiceKrispiesismoreelasticthanthedemandforcerealingeneral.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive9.Thedemandforsoapismoreelasticthanthe
6、demandforDovesoap.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive10.Thedemandforgasolinewillrespondmoretoachangeinpriceoveraperiodoffiveweeksthanoveraperiodoffiveyears.ANS:FDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:Priceelasticityofdem
7、andMSC:Interpretive11.Eventhedemandforanecessitysuchasgasolinewillrespondtoachangeinprice,especiallyoveralongertimehorizon.ANS:TDIF:2REF:5-1NAT:AnalyticLOC:ElasticityTOP:PriceelasticityofdemandMSC:Interpretive397Chapter5/ElasticityandItsApplicationv39712.Thepriceelasticityo
8、fdemandisdefinedasthepercentagechangeinquantitydemandeddividedbythepercentagechang
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