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[Econ] Law of demand MC一問

Law of demand MC一問

AL 2008 Q.9
Which of the following statements is inconsistent with the law of demand?
A. A restaurant charges one dollar for one cooked chicken.
B. A publisher sells some books well below the original cost of production.
C. A hotel charges lower room rates for travel agents.
D. Foreign tourists tend to stay in cheaper hotels than local tourists.

Why D is the answer? 求解 thx
   

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[隱藏]

hi

foreign tourists's demand greater than the locals?
you can draw a diagram which has an perfectly inelastic supply curve and 2 demand curve
as tourists are more willing to consume with the same price their quantity demanded will be more
thus,Tourist demand curve will be on the right hand side of the locals demand.
after finishing the diagram,u can see with the same amount of quantity transacted ,tourists are willing to pay a higher price.

should be.........................

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當然唔係樓上咁解啦

呢條係經典的second law of demand 的應用

為方便起見
我會set 一D數字

平酒店:$500
貴酒店:$1500

係香港人的角度
貴酒店的相對價格=3倍平酒店價格

但對外國旅客來講
因為旅客本身要坐飛機或其他交通工具
我當佢地的交通費係$1000
佢地的相對價格係要加埋fixed 的交通費
平酒店:$500+$1000 = $1500
貴酒店:$1500+$1000 = $2500

係外國人的角度
貴酒店的相對價格=1.66倍平酒店價格

咁樣
係外國人眼中的貴酒店的相對價格
係會低過係香港人眼中的貴酒店的相對價格
所以可以預期多外國人住係貴價酒店
而D講的嘢係調返轉
所以咪錯

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thanks so much!!

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