《Sec 5.2 MC The Elasticity of Supply》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
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