筛选结果 共找出63

The supply curve of a firm operating in a competitive market is its

A

Marginal cost curve above the average variable cost curve

B

Marginal cost curve above the average total cost curve

C

Average total cost curve beyond the point where the marginal cost curve cuts it from below

D

Average variable cost curve below the average revenue curve

A legal minimum price is set which is below the equilibrium price. What will be the impact of this?

A

Excess of demand over supply

B

Excess of supply over demand

C

Nothing

Which one of the following would cause the supply curve for a good to shift to the right (outwards from the origin)?

A

A fall in the price of the good

B

An increase in the demand for the good

C

A fall in production costs of the good

D

The imposition of a minimum price

When the price of a good is held above the equilibrium price, the result will be?

A

Excess demand

B

A shortage of the good

C

A surplus of the good

Which one of the following would not lead directly to a shift in the demand curve for overseas holidays?

A

An advertising campaign by holiday tour operators

B

A fall in the disposable incomes of consumers

C

A rise in the price of domestic holidays

D

A rise in the price of overseas holidays

Which of the following is likely to lead to a fall in the price of good Q which is a normal good?

A

A rise in the price of good P, a substitute for good Q

B

A fall in the level of household incomes generally

C

A fall in the price of good T, a complement to good Q

D

A belief that the price of good Q is likely to double in the next 3 months

According to the theory of the firm, which of the following statements describes an oligopoly?

A

There are no barriers to entry into or exit from the market

B

There is only one producer in the market

C

There are four producers exerting considerable influence in the market

D

There are many producers but they each use product differentiation to distinguish themselves

from each other

Which of the following is not a substitute for carpets?

A

Ceramic floor tiles

B

Wooden floorboard

C

Carpet underlay

Which of the following is not a complement to cars?

A

Petrol

B

Tyres

C

Holiday

The demand for fashion goods is not influenced by:

A

Price

B

Allocative inefficiency among producers

C

The distribution of income among households

D

Expectation of future price