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4.23 Which combination of demand and supply curves would be appropriate for a firm attempting to increase its profits by increasing its market share?
A Inelastic demand, inelastic supply
B Elastic demand, elastic supply
C Inelastic demand, elastic supply
D Elastic demand, inelastic supply
答案:B
4.24 If the absolute value of the price elasticity of demand for dry white wine is greater than one, a decrease in the price of all wine would result in:
A A more than proportional decrease in the quantity of dry white wine purchased
B A less than proportional decrease in the quantity of dry white wine purchased
C A less than proportional increase in the quantity of dry white wine purchased
D A more than proportional increase in the quantity of dry white wine purchased
答案:D
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