【ACCA选择题】
第一题:Which one of the following would cause the supply curve for a good to shift to the right(outwards from the origin)?
A A fall in the price of the good
B An increase in the demand for the good
C A fall in production costs of the good
D The imposition of a minimum price(2 marks)
第二题:When the price of a good is held above the equilibrium price,the result will be
A Excess demand
B A shortage of the good
C A surplus of the good
第一题:【D】Rationale:A rise in the price of overseas holidays will lead to a movement along the demand curve rather than a shift in the demand curve.
第二题:【B】Rationale:Generally,if incomes fall,demand will fall.