首页
登录
职称英语
When prices are low people will buy more, and when prices are high they will
When prices are low people will buy more, and when prices are high they will
游客
2023-10-10
67
管理
问题
When prices are low people will buy more, and when prices are high they will buy less. Every shopkeeper knows this. But at the same time, producers want higher prices for their goods when they make more goods. How can we find the best price for the goods? The Law of Supply and Demand is the economist’s answer to this question.
According to this law. changes in the prices of goods cause changes in supply and demand. An increase in the price of the goods causes an increase in supply—the number of goods the producers make. Producers will make more goods when they can get higher prices for the goods. The producer makes more shoes as the price of shoes goes up. At the same time, an increase in the price of the goods causes a decrease in demand—the number of goods the consumers buy. This is because people buy less when the price is high. People buy fewer shoes as the price of shoes goes up. Conversely, a decrease in the price causes an increase in demand(people buy more shoes)and a decrease in supply(producers make fewer shoes).
Business firms look at both supply and demand when they make decisions about prices and production. They look for the equilibrium point where supply equals demand. At this point, the number of shoes produced is 3 000 and the price of the shoes is $ 30. $ 30 is the equilibrium price: at this price the consumers will buy all of the 3 000 shoes which the producers make. If the producers increase the price of the shoes, or if they produce more than 3 000 shoes, the consumers will not buy all of the shoes. The producers will have a surplus(过剩)—more supply than demand—so they must decrease the price in order to sell all of the shoes. On the other hand, if they make fewer than 3 000 shoes, there will be a shoes shortage—more demand than supply—and the price will go up.
According to the Law of Supply and Demand, the equilibrium price is the best price for the goods. The consumers and the producers will agree on this price because it is the only price that helps them both equally. [br] Why will consumers and producers agree on the equilibrium price?
选项
A、It is the only price for the goods.
B、It will help them both equally.
C、All of the goods will be sold.
D、It is the lowest price.
答案
B
解析
由文章末句可知,生产商和消费者能够在这个平衡点上达成一致,是因为这个价格使两者都受益。
转载请注明原文地址:https://tihaiku.com/zcyy/3087733.html
相关试题推荐
IftheUnitedStateshadbuiltmorehomesforpoorpeoplein1955,thehousingp
Manyfirmsgiveawaysmallquantitiesoftheirproductsas______sothatpeoplec
Tinypeoplemightbelivinginsideofyourcomputer—eating,sleeping,andgo
Tinypeoplemightbelivinginsideofyourcomputer—eating,sleeping,andgo
Tinypeoplemightbelivinginsideofyourcomputer—eating,sleeping,andgo
InAmericanbusinessmeetings,peopleareexpectedtoparticipateverbally(
InAmericanbusinessmeetings,peopleareexpectedtoparticipateverbally(
InAmericanbusinessmeetings,peopleareexpectedtoparticipateverbally(
Wecan_____withpeopleinmostpartsoftheworldbytelephone.A、involveB、com
电子邮件使人们能够简单快捷地相互沟通。Emailcanmakepeoplecommunicateeasilyandquickly.
随机试题
Britainhasthehighest______ofroadtrafficintheworld—over60carsforevery
Thecavemightneverhavebeendiscovered______bythedistinguishedFrenchpot
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
[originaltext]Thegreatestimpetusforglobalizationtodayisnodoubtthe
胡锦涛同志指出,马克思主义政党执政成功的前提条件是()。A.科学执政 B.民
收养年满()以上未成年人的,应当征得被收养人的同意。A.7周岁 B.8周岁
采用低应变反射波法检测某桥梁工程钻孔灌注桩的桩身完整性时,若实测平均波速为440
A.6周 B.l周 C.2~4周 D.3~6个月 E.3个月后尿道断裂术
A.选择性IgA缺陷症 B.胸腺发育不良 C.X-连锁无丙种球蛋白血症 D
纳税人未按照规定期限办理税务登记手续的,由税务机关责令限期改正,可处以()的罚
最新回复
(
0
)