經濟 2010 年 DSE、CE、AL 選擇題

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.

Suppose both the price and quantity transacted of imported rice decrease. This is likely to be caused by

5.

The market price of a good

6.

Most Hong Kong people use either town gas or electricity for cooking. Suppose there is a drastic increase in electricity charges. Consumers’ expenditure on electricity consumption _______ but their expenditure on town gas consumption _______.

7.

The diagram below shows the supply and demand curves of swine flu vaccine in Hong Kong. The original equilibrium point is at E.

If the number of the swine flu vaccine manufacturers increases and the risk of being infected by swine flu increases, one possible new equilibrium point of the above diagram is at ______.

8.

Which of the following statements is NOT implied by the law of demand?

9.

The demand elasticity of Good X is equal to one. Which of the following is a correct description of Good X ?

10.

Suppose an increase in the demand for Good Y results in a 10% and 5% change in its price and quantity transacted respectively. Which of the following could explain the extent of the change in the price and the quantity transacted?