Other things held constant, which of the following would not cause a change in demand for beef? A:A decrease in consumer 点我阅读全文
If a consumer maximizes a utility function subject to a budget constraint and has strictly convex preferences, then his 点我阅读全文
The strong axiom of revealed preference requires that if a consumer chooses x when he can afford y; and chooses y when h 点我阅读全文
Remember that the Laspeyres price index uses the old quantities for the weights. In 1971, good x cost 3 and good y cost 点我阅读全文
A:Without changing her total expenditures, she could increase her utility by consuming more jam and less juice. 点我阅读全文
A:对 B:错 答案: 错Isobel consumes positive quantities of both jam and and juice. The price of jam is 5 cents per unit and the 点我阅读全文
If two goods are substitutes, then an increase in the price of one of them will increase the demand for the other. A:错 B 点我阅读全文
An Engel curve is a demand curve with the vertical and horizontal axes reversed. A:错 B:对 答案: 错 点我阅读全文