economic mc a,b,c or d THANK YOU

2007-07-10 7:11 am

1)We use the term____to describe the quantity that consumers would purchase at a given price.
A.Demand
B.Quantity demand
C.Law of Demand
D.Ceteris paribus

2)Hong Kong is considered as a market economy because
I.most of its resources are owned by private parties.
II.price is used as a means to allocate resources in H.K.
III.Hong Kong is called a developed economy in the international standard.
IV.all kinds of resources allocation are solved by the market forces.

更新1:

FOR THE SECOND QUESTION CHOICE: AI & II BII & III CI, II & III DAll of them CAN YOU EXPLAIN THE ANSWER, WHY OR WHY NOT,I WANT TO STUDY THAT I AM NOT ONLY WANT TO GET THE ANSWER,THANK YOU.

回答 (2)

Winnie

2007-07-10 7:43 pm

✔ 最佳答案

for question 1
B is the correct answer

the key words here are QUANTITY and AT A GIVEN PRICE
answer a is incorrect because demand refers the whole relationship between the quantity demanded and the price ,not just on a specific point

answer c is incorrect because it is a law ,not a term
answer d is not related to the question

for question 2
A is the correct answer
lll is not related to the question
IV"all' is too extreme as in reality ,not all resources can be allocated by market force,otherwise ,government will not exist

hope it can help you

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[匿名]

2007-07-10 8:05 am

1 B
demand refer to a consumer able and willing to buy
law of demand refer to price increase quantity demanded increase

2 a
because 3 is incorrect
market use price mechanism for resources allocation

hope can help u la

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