1) Which of the following will increase the supply of residential units ?
A. A rise in the prices of commercial units.
B. A drop in the prices of construction materials.
C. A drastic rise in the wages of con struction workers.
D. A rise in the price of residential units.
2) Cakes and flour are in
A. joint demand
B. derived demand
C. joint supply
D. competitive supply
econ mc
2007-10-06 4:57 am
回答 (1)
2007-10-06 7:27 am
✔ 最佳答案
1. Answer is BA More resources put to the production of commercial units, supply of residential units will fall.
B Drop in cost of production increases supply.
C Rise in cost of production causes supply to fall.
D does not affect supply.
2. Answer is B
A Classic example of joint demand is bread and butter.
B Demand for flour (material) comes from demand for cakes, the final product.
C & D not related to supply
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