经济学基础练习题2（Economics based exercises 2）.doc

经济学基础练习题2（Economics based exercises 2） Economic basis exercise 2 (with answers) A choice 1, assuming that the cross elasticity of demand X commodity and commodity y is negative, then (A). A X and y are complementary goods; X and Y B are substitutes; C X and Y D X are normal goods; and Y is inferior. 2 which of the following situations to make total revenue increase? (A) A prices rose, inelastic demand; B prices, inelastic demand; C prices rise, demand elasticity; D prices, demand elasticity. 3, the income elasticity of demand for inferior goods (B). A is B negative; It is difficult to determine the D C zero. 4, the production of a product that the rising prices of raw materials, the product (C). A demand curve shifts to the left; B demand curve shifts to the right; C supply curve shifts to the left; D supply curve shifts to the right. 5, the supply curve of a commodity is a straight line through the origin, so the price elasticity of the supply of goods (B). A changes with the price changes; B equals to 1; C is the slope value of D is difficult to determine. 6, which of the following is not true? (D) A if the decrease of supply and demand unchanged, the equilibrium price will rise; B if the supply increases, demand decreases, the equilibrium price will fall; C if the demand increases, supply decreases, the equilibrium price will rise; D if the reduction in demand, supply increases, the equilibrium price will rise. In 7, while reducing the demand and supply situation, will appear (C). A equilibrium price equilibrium decline, reduce production and sales; B equilibrium prices, balance production and sales can not be determined; C cannot determine the equilibrium price, equilibrium and reduce spirit; D equilibrium price equilibrium, reduce production and sales. 8, with the equilibrium price (D). The increase of A supply and demand rises; To reduce the B supply and demand rises; Increased demand and supply reduction of C; Reduce the increase in D demand and supply increa