A-Level经济真题每期一练（17）

上期真题答案：1.C 2.B 3.C 4.C 5.D

接下来是今天的真题，一起练起来呀~

1. A product has a price elasticity of supply of +1.5. If its price falls from £10.00 to £8.00, its supply will

A decrease by 30%.

B decrease by 40%.

C increase by 30%.

D increase by 40%.

2. Market research estimates that a 100% increase in the price of coffee in Uganda leads to a 33% increase in the quantity supplied.This information suggests the supply of coffee in Uganda is

A income inelastic

B price elastic

C unit elastic

D price inelastic

3.A firmmakes televisions.

What doesthe elasticity of supply for the firm represent?

A the need to increase production because of a successful advertising campaign

B the possibility of switching production from other goods the firm makes to televisions

C the speed at which additional fixed factors used to produce televisions can be obtained

D the way the firm’s production changes as a result of a change in price of televisions

4. Price elasticity of supply in an industry is likely to be elastic when

A firms have limited stocks of raw materials.

B there are high barriers to entry into the industry.

C production involves the use of highly skilled labour.

D firms are operating below full capacity.