基本概念

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1.

Julie is choosing between Hong Kong and the US to complete her university education. Her opportunity cost of studying in the US will increase when

2.

Which of the following illustrates the ‘For whom to produce’ question in Economics?

3.

In a market-oriented economy,

4.

Which one of the following statements about scarcity is correct?

5.

Which of the following situations will increase the opportunity cost to Form 7 graduates of receiving a university education?

(1)The university undergraduate programme increases from 3 years to 4 years.
(2)The wage rate of Form 7 graduates increases.
(3)The academic performance of university graduates generally declines.
6.

A large number of pregnant mainland women give birth to babies in Hong Kong’s public hospitals. Some people have suggested imposing an additional surcharge on these women so as to reduce the number of them in Hong Kong’s public hospitals. The above suggestion concerning the service of the public hospitals in Hong Kong is the ________ question in Economics.

7.

Which of the following statements about a market-oriented economy is correct?

8.

From the viewpoint of society,

9.

Which of the following could raise the cost of drug abuse?

10.

An economy is considered as market-oriented when

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