【单选题】A 25% decrease in the price of breakfast cereal leads to a 20% increase in the quantity of cereal demanded. As a result:
A.
total revenue will decrease.
B.
total revenue will increase.
C.
total revenue will remain constant.
D.
the elasticity of demand will increase.
【单选题】The price of cereal rises. As a result, people have cereal for breakfast on fewer days and eat eggs instead. This behavior is an example of
A.
a decrease in the quantity demanded of cereal because of the substitution effect.
B.
an increase in the quantity demanded of eggs because of the income effect.
C.
a decrease in the quantity supplied of cereal because of the substitution effect.
D.
an increase in the quantity supplied of eggs because of the income effect.
【单选题】Suppose the price of a box of cereal rises from $4 to $6. Using the midpoint method, what is the percentage change in price?
E.
None of the above answers is correct.
【多选题】业主筹备成立业主大会,应当在物业所在地的区、县人民政府房地产行政主管部门和街道办事处 (乡镇人民政府)的指导下,由( )组成业主大会筹备组。
【多选题】业主大会筹备组的工作内容包括( )。
B.
确认业主大会成员身份,确定业主在首次业主大会会议上的投票权数
C.
确定首次业主大会会议召开的时间、地点、形式和内容
E.
参照政府主管部门制订的示范文本,拟定《业主大会议事规则》(草案)和《管理规约》 (草案)