Sec 5.2 MC The Elasticity of Supply

Sec 5.2 MC The Elasticity of Supply

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时间:2019-09-22

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1、1. Thepriceelasticityofsupplymeasureshowmuch a. thequantitysuppliedrespondstochangesininputprices. b. thequantitysuppliedrespondstochangesinthepriceofthegood. c. thepriceofthegoodrespondstochangesinsupply. d. sellersrespondtochangesintechnology.ANSWER:  bDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.

2、MANK.090-Evaluatethepriceelasticityofsupply.TOPICS:  ElasticityPriceelasticityofsupplyKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  001.05.2-MC-MANK082. Thepriceelasticityofsupplymeasureshowresponsive a. sellersaretoachangeinprice. b. sellersaretoachangeinbuyers'income. c. buyersaretoachangeinproductionc

3、osts. d. equilibriumpriceistoachangeinsupply.ANSWER:  aDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.090-Evaluatethepriceelasticityofsupply.TOPICS:  ElasticityPriceelasticityofsupplyKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  002.05.2-MC-MANK083. Thepriceelasticityofsupplymeasureshowresponsive a. eq

4、uilibriumpriceistoequilibriumquantity. b. sellersaretoachangeinbuyers'income. c. sellersaretoachangeinprice. d. consumersaretothenumberofsubstitutes.ANSWER:  cDIFFICULTY:  EasyLEARNING OBJECTIVES:  ECON.MANK.090-Evaluatethepriceelasticityofsupply.TOPICS:  ElasticityPriceelasticityofsupplyKEYWORDS: 

5、 BLOOM'S:KnowledgeCUSTOM ID:  003.05.2-MC-MANK084. Ifthequantitysuppliedrespondsonlyslightlytochangesinprice,then a. supplyissaidtobeelastic. b. supplyissaidtobeinelastic. c. anincreaseinpricewillnotshiftthesupplycurveverymuch. d. evenalargedecreaseindemandwillchangetheequilibriumpriceonlyslightly.

6、ANSWER:  bDIFFICULTY:  ModerateCopyrightCengageLearning.PoweredbyCognero.Page 33LEARNING OBJECTIVES:  ECON.MANK.090-Evaluatethepriceelasticityofsupply.TOPICS:  ElasticityPriceelasticityofsupplyKEYWORDS:  BLOOM'S:ComprehensionCUSTOM ID:  004.05.2-MC-MANK085. Alinear,upward-slopingsupplycurvehas a. a

7、constantslopeandachangingpriceelasticityofsupply. b. achangingslopeandaconstantpriceelasticityofsupply. c. bothaconstantslopeandaconstantpriceelasticityofsupply. d. bothachangingslopeandachangingpriceelasti

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