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本帖最后由 一起学CFA 于 2016-1-29 09:25 编辑
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+ e/ [2 u9 P+ sCFA Level I:Economics - DEMAND AND SUPPLY ANALYSIS INTRODUCTION 精选题和学习要点
( C9 q9 f1 Z* h/ L; h# iDemand and Supply Analysis: Introduction(Reading 13) ( b0 I' \- s/ z$ V( N
Learning Outcome Statements (LOS) * `; r& n( X8 b
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6. The price of a good falls from $15 to $13. Given this decline in price, the quantity demanded of the good rises from 100 units to 120 units. The price elasticity of demand for the good is closest to:
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B. 1.5
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Answer:A' n8 E5 }# _5 Y1 M" M& m+ Y3 a
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7. If the quantity demanded of pears falls by 4% when the price of apples decreases by 3%, then apples and pears are best described as: * [, M M G; Q# b, ~, z
A. substitutes
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C. inferior goods a4 j7 r, u9 x0 \2 r/ q0 l) D* M
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% ?+ T: n8 O( E' U* b8. Assume that at current production and consumption levels, a product exhibits price elasticity of demand equal to 1.20 and elasticity of supply equal to 1.45. the true economic consequences of taxes imposed on the seller of such a product are most likely borne: " ^! J3 M. F! j" L& j
A. By the seller
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( T$ \( J8 J, {: RC. Partly by the buyer and partly by the seller + b7 |, x H# ]. z/ L) P
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9. A consumer good demonstrates the following changes in price and quantity:
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; X/ I, H m( E% @" I' R% wThe elasticity of supply is closest to: 9 X) G' E, c9 C, N4 Q8 `5 I
A. 0.60
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10. If a price cut of a product increases total revenue, demand is best described as: $ s# h' }% F2 C$ q6 h7 F" d) ~9 E
A. elastic
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C. unit elastic
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