DSE 經濟科：需求與供應

1. According to the law of demand, when the price of a good rises (ceteris paribus), the quantity demanded will:

2. At market equilibrium, which of the following is true?

3. If the government sets a price ceiling below the equilibrium price, the most likely result is:

4. A technological improvement lowers production costs. In a competitive market, this will lead to:

5. A price floor is set above the equilibrium price. Which of the following is the direct consequence?

6. An increase in the price of a complementary good will, ceteris paribus, cause:

7. If both demand and supply increase, which of the following is definitely true?

8. Suppose both demand and supply decrease simultaneously. What is the certain effect on equilibrium price and quantity?

9. Which of the following will cause a rightward shift in the demand curve for a normal good?

10. A price ceiling is imposed below the equilibrium price. Which of the following is NOT a likely consequence?

11. A café uses one kitchen hour either to fry egg tarts or to serve milk tea, and milk tea is the next best use. The opportunity cost of the egg tarts is:

12. The price of egg tarts rises and no other determinant changes. The supply-side result is:

13. Flour becomes more expensive. The price of egg tarts has not yet changed. What happens to the supply of egg tarts?

14. Which statement is correct?