1993 年

Scarcity

'It is uneconomical to use a jumbo aircraft to carry a small number of passengers.' This can be explained by

Which of the following statements about a monopolist is true?

If the demand is unitarily elastic along the above curve DD, then area 1 _____ area 2.

The more human capital an individual worker brings to the labour market,

Technological breakthrough has reduced the production cost of calculators. At the same time, there have been less students sitting for the CE examinations and requiring for the use of calculators. Suppose these two factors have caused the price of calculators to fall. Which of the following graphs helps to illustrate the above situation?

Filipino maids working as domestic helpers in Hong Kong receive a minimum wage. They usually have to wait for a long time before obtaining employment in Hong Kong. They would have a shorter waiting time and more employment opportunities in Hong Kong if

'Interest exists even without money.' This statement is

In a period of rainy weather, the price of umbrellas increased by 10% while the quantity transacted increased by 15%. What is the price elasticity of demand/supply of umbrellas in the above situation?

If the sum of the real interest rate and the anticipated inflation rate is greater than the nominal interest rate, which of the following will be FALSE?