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单项选择题

A firm has fixed costs of ￡100,000 per month and variable costs of ￡25 for item. It proposes to sell these items for ￡50 each. What is the break-even output for this firm ()

A．4,000 units
B．4,000 units in a month.
C．Cannot be worked out from the information.
D．2,000 units per month.

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单项选择题School students paying a lower fare than adults on the MTR trains, or cheaper tickets to the theatre, is an example of: ()

A．The suppliers making less profit because some customers pay a lower price.
B．Consumers obtaining more consumer surplus.
C．Price discrimination allowing the suppliers to make more profit from charging a higher price to customers whose demand is more elastic.
D． Price discrimination allowing the suppliers to make more profit from charging a lower price to customers whose demand is more elastic.

单项选择题When the nominal interest rate rises, ()

A．Economic activity is encouraged.
B．The real interest rate rises and the price of bonds rises.
C．Inflation rises and the real interest rate falls.
D．The real interest rate rises and the price of bonds falls.