[CFA level 1模拟真题]Version 2 Questions－Q18 face, substitute, resources, decrease, demand

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Q18. The demand far a given resource. will most likely decrease if the prices of substitute resources and complementary resources, respectively.

Prices of substitute resources     Prices of complementary resources

A.        Increase                         Increase

B         Increase                         Decrease

C         Decrease                        Increase

D         Decrease                        Decrease

A. Answer A

B. Answer B

C. Answer C

D. Answer D

 

答案和详解如下：

 

Q18.   C    07Modular Level 1, Vol.2, pp.19-21         Study Session 4-13-a

A decrease in the price of a substitute resource would induce producers to use the substitute resource, reducing demand for the resource in question. An increase in the price of a complementary resource would decrease demand for both resources.

jungle1009

see

hussien

thanks.. ds

vivian1022

c

deanwj

c

xu7431

c

denker5781

v

fantasy_ln

s

technet

c

ondesert

c