4174045
Descripción
Test por 2016: Alejandro , actualizado hace más de 1 año
|
Creado por 2016: Alejandro
hace casi 9 años
|
|
Pregunta 1
Pregunta
Perfect Competition is the opposite of?
Respuesta
-
Elastic Markets
-
Monopolies
-
Mixed Economy
-
Money Market
Pregunta 2
Pregunta
If a product is inelastic it should have a coefficient
Respuesta
-
greater than 1
-
less than 1
-
Equal or less than 1
-
0
Pregunta 3
Pregunta
If a product is inelastic it means that
Respuesta
-
Quantity is sensitive to a change of price
-
Quantity is insensitive to a change of price.
-
The product cannot change price
-
The product changes price quickly
Pregunta 4
Pregunta
If a product has an elastic Demand
Respuesta
-
Quantity is sensible to a change in price.
-
Quantity is insensible to a change in price.
-
A change in price ruins the market.
-
The market is monopolised.
Pregunta 5
Pregunta
If a product is perfectly inelastic
Respuesta
-
Change in quantity doesn't alter the quantity demanded
-
Only rice is perfectly inelastic
-
Competitors pursuit changing the market
-
Change in price doesn't alter the quantity demanded
Pregunta 6
Pregunta
Substitute Goods have a
Respuesta
-
Negative cross elasticity of demand
-
Price related cross elasticity of demand
-
Positive cross elasticity of demand
-
Has none cross elasticity of demand
Pregunta 7
Pregunta
Complement Goods have a
Respuesta
-
Negative cross elasticity of demand
-
Positive cross elasticity of demand
-
Equal cross elasticity of demand
-
No cross elasticity of demand
Pregunta 8
Pregunta
An example of a Weak Substitute could be
Respuesta
-
Iphone and Samsung
-
Coca Cola and Tea
-
Cars and tiers
-
Pasta and Raviolis
Pregunta 9
Pregunta
An example of a Strong Substitute could be
Respuesta
-
Apple and Samsung
-
Coca Cola and Tea
-
Pasta and Raviolis
-
Ferrari and Chevrolet
Pregunta 10
Pregunta
Companies with elastic goods should
Respuesta
-
Increase prices
-
Decrease prices
-
No change
-
Buy two more companies
¿Quieres crear tus propios Tests gratis con GoConqr? Más información.