• 2022-06-19
    The best no-trade point for a country on an increasing cost production possibilities curve is where: ( )
    A: the curve touches the vertical axis.
    B: the curve touches the horizontal axis.
    C: the origin.
    D: the curve touches the highest indifference curve.
  • D

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    • 0

      Monopoly maximizes its profit mainly rely on its ___. A: demand curve B: cost curve C: supply curve D: demand curve and cost curve

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      What is the main difference between probability density function (PDF) and histogram? A: The calculation methods for histogram and PDF are different B: The values on histogram curve are larger than the values on PDF curve C: The shapes of histogram curve and PDF curve are different D: The integration of the PDF curve equals 1, the step of ordinate axis in the histogram is 1

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      vertical curve

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      翻译:“In these graphs the horizontal axis measures time, increasing toward the right away from the vertical axis.”

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      A straight-line demand curve with negative slope intersects the horizontal axis at 200 tons per week. The point on the demand curve at which the price elasticity of demand is 1 corresponds to a quantity demanded A: of 0 tons. B: of 100 tons. C: of 200 tons. D: that would be negative if a negative quantity demanded were possible.