The price elasticity of supply for the Hope Diamond is zero because there is only one. Therefore, the supply curve for the Hope Diamond is A.perfectly inelastic. B.perfectly elastic. C.unit elastic. D.elastic. 正确答案：perfectly inelastic.

Suppose that each serving of Mac & Cheese costs $0.50 to make no matter how many servings are produced. This means that the price elasticity of supply for Mac & Cheese is _ and the supply curve is _. A.zero; perfectly elastic B.infinite; perfectly elastic C.infinite; perfectly in … 阅读详情>> "Suppose that each serving of Mac & Cheese costs $0.50 to make no matter how many servings are produced. This means that the price elasticity of supply for Mac & Cheese is _ and the supply curve is _."

Antony’s Pizza uses the same dough, sauce, and cheese for pizza and calzones. When the price of pizza is low Antony produces more calzones. For Antony, the supply of pizza is __ compared to the supply at a pizza restaurant that does not serve calzones. A.more price elastic B.less … 阅读详情>> "Antony’s Pizza uses the same dough, sauce, and cheese for pizza and calzones. When the price of pizza is low Antony produces more calzones. For Antony, the supply of pizza is __ compared to the supply at a pizza restaurant that does not serve calzones."

Oil and oil products remain the main fuel for cars, planes, ships, and power plants. The amount of oil still in the earth is finite. Given this information, the supply of gasoline is __. A.relatively elastic B.greater than the quantity demanded C.unit elastic D.relatively inelast … 阅读详情>> "Oil and oil products remain the main fuel for cars, planes, ships, and power plants. The amount of oil still in the earth is finite. Given this information, the supply of gasoline is __."

The championship game will be held next weekend in your college’s 40,000-seat stadium. The supply of tickets to the game: A.is perfectly inelastic. B.is elastic. C.depends on which teams make it to the championship game. D.will increase because the price charged will be higher. 正 … 阅读详情>> "The championship game will be held next weekend in your college’s 40,000-seat stadium. The supply of tickets to the game:"

For Outback Steakhouse, seating capacity is limited in the short run. In the long run, they can add as many seats as they want. Therefore, the price elasticity of supply for meals at Outback would be __ in the short run than in the long run. A.the same B.more variable C.higher D. … 阅读详情>> "For Outback Steakhouse, seating capacity is limited in the short run. In the long run, they can add as many seats as they want. Therefore, the price elasticity of supply for meals at Outback would be __ in the short run than in the long run."

You read online that, at current rates of production, the yearly world supply of food is sufficient to feed the projected 2050 population of earth, but that after 2050 there will be massive starvation. This prediction appears to assume that: A.the long-run supply of food is perfe … 阅读详情>> "You read online that, at current rates of production, the yearly world supply of food is sufficient to feed the projected 2050 population of earth, but that after 2050 there will be massive starvation. This prediction appears to assume that:"

In 1985 a desert community stopped pumping water from a 1000 foot well because it had run dry. In 2005 the price of water doubled. The community then drilled the well deeper and started pumping again. In this community, A.markets cannot reach equilibrium because there is a persis … 阅读详情>> "In 1985 a desert community stopped pumping water from a 1000 foot well because it had run dry. In 2005 the price of water doubled. The community then drilled the well deeper and started pumping again. In this community,"

The price elasticity of demand for a good measures the responsiveness of: A.demand to a one percent change in price of that good. B.quantity demanded to a one percent change in price of that good. C.price to a one percent change in the quantity demanded of that good. D.price to a … 阅读详情>> "The price elasticity of demand for a good measures the responsiveness of:"

The price elasticity of demand is a measure of: A.the change in quantity demanded of a good that results from a change in its price. B.the demand for a good. C.the change in price of a good that results from a change in its quantity demanded. D.how consumers respond to excess dem … 阅读详情>> "The price elasticity of demand is a measure of:"

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

When calculating price elasticity of demand, if the percentage change in price is negative, then the percentage change in quantity demanded is typically: A.less than one. B.negative. C.positive. D.greater than one. 正确答案：positive.