A city wants to raise revenues to build a new municipal swimming pool next year. The mayor suggests that the city raise the price of admission to the current municipal pools this year to raise reve-nues. The city manager suggests that the city lower the price of admission to raise revenues. Who is correct?
A、The mayor.
B、The city manager.
C、The answer depends on the price elasticity of demand.
D、The answer depends on the costs of construction of the new municipal swimming pool.
A、The mayor.
B、The city manager.
C、The answer depends on the price elasticity of demand.
D、The answer depends on the costs of construction of the new municipal swimming pool.
微观经济学(全英)
章节列表
1. General Overview of Economics282. Principles of Economics353. Circular-Flow Diagram and PPF204. Interdependence and Trade205. Demand and Supply756. Elasticity717. Price Control and Taxation408. CS, PS and the Efficiency of Markets109. Costs of Taxation2510. International Trade3011. Externalities3112. Public Goods and Common Resources2013. The Costs of Production20