【单选题】听力原文:W: Hi, John. M: Oh ! Hi, Laura. What are you doing here? W: Uh. I'm usually here on weekends. It's my dad's shop. So you are looking for a bike? M: Yeah. Now that the weather is warming up, I tho...
【单选题】Refer to Exhibit 7-1. If in the schedule, total consumer surplus equals $5, the market price of a jazz CD is: Price of Jazz CDs Quantity of Jazz CDs $30 1 $25 2 $20 3 $15 4 $10 5
【单选题】Refer to Exhibit 3-7. The diagram represents a tradeoff in an economy between prison cells and classrooms. Which position represents the choice to allocate the greatest amount of resources to producin...
A.
B.
C.
D.
None of the above are correct. Points on the frontier show the efficient combinations of resources that produce equal quantities of both outputs.
【单选题】Refer to Exhibit 7-2. What is the consumer surplus of the 2nd unit consumed assuming this market reaches equilibrium? Price Quantity Demanded Quantity Supplied $1.00 7 1 $2.00 6 2 $3.00 5 3 $4.00 4 4 ...