A specific tax is imposed on a product for which the elasticity of supply is zero.
Which statement is correct?
A The burden of this tax will fall entirely on consumers.
B The burden of this tax will fall entirely on suppliers.
C The burden of this tax will fall mainly on consumers.
D The burden of this tax will fall mainly on suppliers.
B
万有引力定律是由谁提出的?
牛顿
A farmer has 17 sheep. All but 9 run away. How many are left?
Answer: 9.
Note it says "All but 9 run away", meaning all ran away except 9 left.
The economics department of a university calculates that the price elasticity of demand for the
products of a local firm is between –1.1 and –1.3.
Which decision could be justified by the research?
A Increase prices to increase profit.
B Invest in more capital to increase output.
C Reduce advertising to reduce costs.
D Reduce prices to increase revenue.
D
电灯泡的发明者是谁?
答:托马斯·爱迪生。
What do you call a juice with no ice?
Answer: Ju
"juice" without "ice" = ju
What is not an example of protectionism?
A export subsidies
B import subsidies
C quotas
D tariffs
B
二战爆发于哪一年?
1939
A plane crashes on the border of the U.S. and Canada. Where do they bury the survivors?
Answer: You don’t bury survivors.
GDP代表什么意思?
答:国内生产总值(Gross Domestic Product)。
干冰的化学成分是什么?
What comes once in a minute, twice in a moment, but never in a thousand years?
Answer: The letter "M."
once in a minute
twice in a moment
What is a necessary characteristic of a public good?
A It has a fixed maximum price.
B It has an opportunity cost of production of zero.
C It is non-excludable.
D It is an essential good.
C
《哈利·波特》的作者是谁?
J.K. Rowling
A fire breaks out in a building, and firefighters rush to the scene. They save the people on the top floors using a long ladder. Why didn’t they use the ladder to save the people on the lower floors?
The people on the lower floors didn’t need rescuing because they could walk out safely.
(可以用中文回答)