基本概念
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Nowadays, many people download their favourite songs and pictures through the Internet without paying any fee. To society, these songs and pictures are
Which of the following would affect the cost of constructing the West Rail?
Which of the following are major determinants of the allocation of goods and services in a market economy?
Which of the following will change the cost to an individual of attending a concert?
Which of the following statements about a market economy is correct?
Which of the following is NOT classified as ‘economic good’?
Good X is a ‘free good’ when
Chan and Wong take a journey to City X separately. They can go there either by plane or by train. The plane takes 2 hours while the train takes 10 hours. The air ticket costs $1 000 while the train fare is $200. During the journey to City X, the foregone earning of Chan is $200 per hour and that of Wong is $80 per hour. For the journey to City X, Chan would take the ________ and Wong would take the ________.
Which of the following markets in Hong Kong rely heavily on price mechanism to solve the three basic economic problems?
Which of the following is NOT an opportunity cost of constructing Disneyland in Hong Kong?