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Questions Bank (1399280 total)

When the price of a good changes,

the income effect can be negative, but in such cases it will never overwhelm the substitution effect.

the income effect can be positive or negative, but the substitution effect is always negative.

none of the above

the income effect is always positive and the substitution effect is always negative.

both the substitution effect and the income effect can be either positive or negative.

100%

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What does a consumer’s choice of goods depend on?

None of the above.

her preferences and income

her budget constraint and preferences

her budget constraint and income

her budget constraint, income, and preferences

100%

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Which of the following is NOT a characteristic of a typical indifference curve?

None of the above

The curve shows all combinations of goods that give the consumer the same level of utility.

As a consumer has less of a good, he is less willing to exchange less of it for one more unit of another good.

The curve will shift out if income increases.

The marginal rate of substitution is measured by the slope of the tangent to the curve.

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Що стверджує теорема про

циркуляцію для магнітних полів?

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Чому д

орівнює згідно

принципу суперпозиції індукція магнітного поля, яке створюється в даній точці

декількома магнітними полями?

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Suppose all prices double and income also doubles. Which statement is true?

The slope of the budget line increases.

The budget line does not change.

The budget line shifts leftward.

The budget line shifts rightward.

The slope of the budget line decreases.

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An indifference curve slopes downward because

the quantity demanded increases as the price falls.

it shows that people are only happy when they increase consumption of all goods.

it is a demand curve without prices.

it shows that when a person gives up some of good X they must increase their consumption of good Y to remain indifferent.

100%

it shows that when a person gives up some of good X they can afford to increase their consumption of good Y.

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Peter's income increases and so does his consumption of both movies and pop, but his consumption of pop increases by less than his consumption of movies increases. Which one of the following statements is true for Peter?

A movie is an inferior good; pop is a normal good.

A movie is a normal good; pop is an inferior good.

A movie is an inferior good; pop is an inferior good.

A movie is a normal good; we cannot tell whether pop is a normal good or an inferior good.

Movies and pop are both normal goods.

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Як називають явище

виникнення електрорушійної сили електромагнітної індукції в контурі при зміні в

ньому сили струму?

явищем електромагнітної

індукції

явищем самоіндукції

явищем резонансу

явищем інтерференції

явищем магнітного

гістерезису

явищем взаємної індукції

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Відомо, що у деякому середовищі. Що це за середовище?

1) вакуум

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