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IB Economics Unit 1.2: How Economists Approach the World (id: e2a5e91a5)

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admin 发表于 2024-4-2 21:12:35 | 显示全部楼层 |阅读模式
本题目来源于试卷: IB Economics Unit 1.2: How Economists Approach the World,类别为 IB经济学

[单选题]
Say's Law of Markets can be sum aq 9jt d2pja36id,.e7:i hyzo*hy0eg+mscc 0marised as supply creates its own demand'. What does cey0s 0gmc*h+this economic principle mean?

A. If a product is supplied, then households will immediately buy it.
B. If a product is supplied, then households will eventually want it.
C. If a product is supplied, then households will have the income to demand it.
D. If a product is supplied, then households will be dependent on it.


参考答案:  C


本题详细解析:
C

Say's law states that when firms supply products, households receive incomes for factors of production that they have sold to firms, creating demand for various products. Put another way, the supply of products provides income to households, creating demand for other products.

Choices A and B are incorrect as households do not buy every product produced; some remain unsold inventories that firms eventually phase out.

Choice D is incorrect as it assumes that if households buy a product, it becomes addictive.

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