CFA课后习题 经济学.pdfVIP

PRACTICE PROBLEMS 1 If the price elasticity coefficient of the demand curve for paper clips is equal to –1, demand is: A elastic. B inelastic. C unit elastic. 2 The demand for membership at a local health club is determined by the follow- ing equation: d Q = 400 − 5P hm hm d where Qhm is the number of health club members and Phm is the price of membership. If the price of health club membership is $35, the price elasticity of demand is closest to: A –0.778.