经济学问题
1,IfthepriceofAis$12andthepriceofBis$3,thebudgetlinetellsusthataconsumerineffectcantr...
1 , If the price of A is $12 and the price of B is $3, the budget line tells us that a consumer in effect can trade:
12 units of A for 3 units of B.
1 unit of A for 4 units of B.
1 unit of A for 3 units of B.
1 unit of B for 4 units of A.
2, The substitution effect isolates the change in the consumption of a good caused by:
the lower "real" income.
the change in consumer preferences.
the change in the market rate of substitution.
None of the statements is correct.
3, You are an efficiency expert hired by a manufacturing firm that uses K and L as inputs. The firm produces and sells a given output. If w = $40, r = $100, MPL = 4, and MPK = 40 the firm:
is cost minimizing.
should use less L and more K to cost minimize.
should use more K and less L to cost minimize.
is profit maximizing but not cost minimizing. 展开
12 units of A for 3 units of B.
1 unit of A for 4 units of B.
1 unit of A for 3 units of B.
1 unit of B for 4 units of A.
2, The substitution effect isolates the change in the consumption of a good caused by:
the lower "real" income.
the change in consumer preferences.
the change in the market rate of substitution.
None of the statements is correct.
3, You are an efficiency expert hired by a manufacturing firm that uses K and L as inputs. The firm produces and sells a given output. If w = $40, r = $100, MPL = 4, and MPK = 40 the firm:
is cost minimizing.
should use less L and more K to cost minimize.
should use more K and less L to cost minimize.
is profit maximizing but not cost minimizing. 展开
1个回答
展开全部
1 1 unit of A for 4 units of B.
2 None of the statements is correct.
3 should use more K and less L to cost minimize.
2 None of the statements is correct.
3 should use more K and less L to cost minimize.
本回答由提问者推荐
已赞过
已踩过<
评论
收起
你对这个回答的评价是？
推荐律师服务：
若未解决您的问题，请您详细描述您的问题，通过百度律临进行免费专业咨询
