【acca考试题】2019年4月11日acca每日一练(4.14-4.15)
【acca选择题】
4.14 Consider the price and demand for flower vases. The price of cut flowers goes up sharply. Which of the
following would you expect to happen?
A The demand curve for flower vases will shift to the left and their price will rise
B The demand curve for flower vases will shift to the right and their price will rise
C There will be a movement along the demand curve for flower vases and their price will go down
D The demand curve for flower vases will shift to the left and their price will go down
4.15 Consider the price and demand for tickets to travel by sea ferry. The price of travelling by hovercraft (a substitute form of travel) goes up. Which of the following would you expect to happen?
A The demand curve for sea ferry tickets will shift to the left, and their price will go down. More sea
ferry tickets will be sold.
B The demand curve for sea ferry tickets will shift to the right, and their price will go up. More ferry
tickets will be sold.
C The demand curve for sea ferry tickets will shift to the right and their price will go down. More
sea ferry tickets will be sold.
D The demand curve for sea ferry tickets will shift to the right and their price will go up. Fewer sea
ferry tickets will be sold.
4.14 【D】Rationale: It is assumed that cut flowers and flower vases are complementary goods. The rise in price of cut flowers will have an adverse effect on demand for flower vases, and the demand curve for flower vases will shift to the left. Given no change in supply conditions for vases, the new equilibrium price for vases will be lower.
4.15 【B】Rationale: As sea ferry tickets and hovercraft tickets are substitute goods, an increase in the price of hovercraft tickets will cause a shift to the right (increase in demand) for sea ferry tickets. Given no change in supply conditions, the consequence will be an increase in the number of sea ferry tickets sold, at a higher price than before.
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