[单选题]

A demand function for air conditioners is given by:
= 10,000-2 + 0. 0004 income + 30 -4 . At current average prices, an air conditioner costs 5,000 yen, a fan costs 200 yen, and electricity costs 1,000 yen. Average income is 4,000,000 yen. The income elasticity of demand for air conditioners is closest to:

A.0.0004.

B.0.444.

C.40,000.

参考答案与解析:

相关试题

A demand function for cellular telephones is given by:<br /><img border="0" style

[单选题]A demand function for cellular telephones is given by:= 390-4 + 0. 015 inco

  • 查看答案
  • Given the following information about a company:<br /><img border="0" style="

    [单选题]Given the following information about a company:What is the most appropriat

  • 查看答案
  • Given the following:<br /><img border="0" style="width: 382px; height: 149px

    [单选题]Given the following:Cash flow from operations is:A.$115.B.$275.C.$375.

  • 查看答案
  • Given the following information about three portfolios:<br /><img border="0" styl

    [单选题]Given the following information about three portfolios:If the risk-free rat

  • 查看答案
  • Selected information about a company is as follows:<br /><img border="0" style=&q

    [单选题]Selected information about a company is as follows:The forecasted net incom

  • 查看答案
  • The data for two stocks in an index are as follows:<br /><img border="0" style=&q

    [单选题]The data for two stocks in an index are as follows:Assuming the beginning v

  • 查看答案
  • Selected information about a company is as follows:<br /><img border="0" style=&q

    [单选题]Selected information about a company is as follows:The forecasted net incom

  • 查看答案
  • A company's balance sheet shows the following:<br /><img border="0" style=&q

    [单选题]A company's balance sheet shows the following:The company's quick ratio is

  • 查看答案
  • (  )。<br /> <img border="0" style="width: 200px; height: 132px;" src=&q

    [单选题](  )。 A.-12B.-5C.1D.3

  • 查看答案
  • The following information applies to an economy:<br /><img border="0" style="

    [单选题]The following information applies to an economy:The unemployment rate in th

  • 查看答案
  • A demand function for air conditioners is given by:<br /><img border="0" style=&q