Predictable variability is
A: change in demand that can be forecasted.
B: change in demand that cannot be forecasted.
C: change in demand that has been planned.
D: change in demand that has been scheduled.
E: all of the above
A: change in demand that can be forecasted.
B: change in demand that cannot be forecasted.
C: change in demand that has been planned.
D: change in demand that has been scheduled.
E: all of the above
举一反三
- Predictable variability is change in demand that cannot be forecasted.
- The essence of the change in demand and the change in demand is<br/>whether it is the change in the price of the commodity. ( )
- Economists are interested in all the factors that can help to ___ the extent to which a price change will affect supply and demand in the market.
- In the case of homothetic preferences the entire change in demand from a price change is due to the substitution effect.
- Today, people changed their expectations about the future. This change A: can cause a movement along a demand curve. B: can affect future demand, but not today’s demand. C: can affect today’s demand. D: cannot affect either today’s demand or future demand.