The percentage change in quantity supplied that results from a 1 percent change in price is known as the: A.cross-price elasticity of demand. B.slope of the supply curve. C.price elasticity of supply. D.cross-price elasticity of supply. 正确答案：price elasticity of supply.

The price elasticity of supply at a point is: A.the change in price divided by the change in quantity supplied. B.the change in quantity supplied divided by the change in price. C.the percentage change in quantity supplied divided by the percentage change in price. D.the percenta … 阅读详情>> "The price elasticity of supply at a point is:"

If a one percent increase in the price of oranges leads to a five percent increase in the quantity supplied, the price elasticity of supply for oranges is __. A.1/5 B.2 C.1/2 D.5 正确答案：5

Suppose an increase in the price of golf clubs from $75 to $125 leads to an increase in quantity supplied from 200 units to 300 units. The price elasticity of supply for golf clubs at the original price of $75 is _, so supply is _. A.3/4; inelastic B.2; elastic C.2; inelastic D.4 … 阅读详情>> "Suppose an increase in the price of golf clubs from $75 to $125 leads to an increase in quantity supplied from 200 units to 300 units. The price elasticity of supply for golf clubs at the original price of $75 is _, so supply is _."

Suppose an increase in the price of hamburger from $3 to $4 leads to an increase in quantity supplied from 100 units to 150 units. At the original price, the price elasticity of supply for hamburgers is _ so supply is _. A.2/3; elastic B.2/3; inelastic C.3/2; inelastic D.3/2; ela … 阅读详情>> "Suppose an increase in the price of hamburger from $3 to $4 leads to an increase in quantity supplied from 100 units to 150 units. At the original price, the price elasticity of supply for hamburgers is _ so supply is _."

Refer to the figure below. What is the slope of the supply curve? A.1/2 B.2 C.4 D.1 正确答案：1/2

Refer to the figure below. What is the price elasticity of supply at point A? A.4 B.1/2 C.2 D.1 正确答案：1

Refer to the figure below. What is the price elasticity of supply at point B and point C? A.3/4; 1/2 B.3; 2 C.1/2; 3/4 D.1; 1 正确答案：1; 1

Refer to the figure below. If P = $6, then the price elasticity of supply is: A.less than zero B.one C.greater than one D.positive, but less than one 正确答案：greater than one

Refer to the figure below. If the price rises from $10 to $14, what will happen to the price elasticity of supply? A.It increases. B.It stays the same. C.It decreases. D.This cannot be determined from the information provided. 正确答案：It decreases.

It takes many years to train to become an orthopedic surgeon. This suggests that, in the short run, a sudden increase in the demand for orthopedic surgeons will: A.lead to a large increase in the number of orthopedic surgeons. B.not affect the salaries of orthopedic surgeons. C.h … 阅读详情>> "It takes many years to train to become an orthopedic surgeon. This suggests that, in the short run, a sudden increase in the demand for orthopedic surgeons will:"

The inputs used to produce cupcakes (e.g., flour, sugar, butter, and labor) are also used to produce cookies, cakes, muffins, pies and many other goods. This suggests that: A.the elasticity of supply of cupcakes is relatively high. B.cupcakes are a normal good. C.the elasticity o … 阅读详情>> "The inputs used to produce cupcakes (e.g., flour, sugar, butter, and labor) are also used to produce cookies, cakes, muffins, pies and many other goods. This suggests that:"