单选题
A student at New York University used to take the Redhound bus when she visited her grandmother in Boston. After graduating, although the bus fare and the plane fare were the same as they were when she was a student, with a well-paid job on Wall Street she now takes the plane to Boston to visit her grandmother. For this student, travel by Redhound bus is

A、 a normal good.

B、 an inferior good.

C、 a substitute good.

D、 a complement good.

由4l***l8提供分享举报纠错

相关试题

单选题
The American Dairy Association starts a highly successful advertising campaign that makes most people want to drink more milk. As a result,

A、 the demand for milk increases.

B、 the quantity demanded of milk increases.

C、 the price of milk falls to encourage people to drink more milk.

D、 the demand for milk is not affected.

查看答案

单选题
A market is defined as

A、 a physical place where people buy only goods.

B、 a physical place where people buy both goods and services.

C、 a store where people buy physical goods.

D、 any arrangement that brings buyers and sellers together.

查看答案

单选题
EBay

A、 will be considered a market when the Internet firms are profitable.

B、 is a market because buyers and sellers are brought together to buy and sell.

C、 would be a market if there was only one physical location.

D、 cannot function as a market.

查看答案

单选题 The law of demand refers to how

A、 demand changes when people's incomes change.

B、 demand changes when the prices of substitutes and complements change.

C、 the quantity demanded changes when the price of the good changes.

D、 the price of the good changes when people's demand for the good changes.

查看答案

单选题
What is the "quantity demanded"?

A、 the amount of a good people desire

B、 the amount of a good people are able and willing to buy during a specific time period and at a given price

C、 the amount of a good people are able and willing to buy at all possible prices

D、 the maximum amount of a good that can be consumed during a specific time period

查看答案

单选题
The "law of demand" refers to the fact that, other things remaining the same, when the price of a good rises,

A、 the demand curve shifts rightward.

B、 the demand curve shifts leftward.

C、 there is a movement down along the demand curve to a larger quantity demanded.

D、 there is a movement up along the demand curve to a smaller quantity demanded.

查看答案

单选题
Which of the following statements is true about a competitive market? A competitive market

A、 must have a physical location.

B、 includes markets for goods and services but not for inputs.

C、 has so many buyers and sellers that no one can influence the price.

D、 has one seller competing to sell his or her product.

查看答案

单选题
The price of cotton clothing falls. As a result,

A、 the quantity demanded of cotton clothing increases.

B、 the demand for cotton clothing increases.

C、 the quantity demanded of cotton clothing decreases.

D、 the demand for cotton clothing decreases.

查看答案