Question：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 ONE of the following would you expect to happen?
A. The demand curve for sea ferry tickets will shift to the right, and their price will go up. More ferry tickets will be sold.
B. 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.
C. 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.
D. 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.
The correct answer is: A
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.
| 知识课程 FUNDAMENTALS——KNOWLEDGE | |||
 F1 会计师与企业(AB) | Payton Yang | 1800元 |  |
| F2 管理会计(MA) | Frank Gao | 1800元 | |
| F3 财务会计(FA) | Frances Wang | 1800元 | |
| 核心课程 PROFESSIONAL——ESSENTIALS | |||
| p1 公司治理，风险管理及 职业操守(GRE) | Regina Shen | 2200元 | |
| p2 公司报告(CR) | Peter Shang | 2200元 | |
| p3 商务分析(BA) | Simon Xing | 2200元 | |
| 技能课程 FUNDAMENTALS——SKILLS | |||
| F4 公司法与商法(CL) | Frank Gao | 1800元 | |
| F5 业绩管理(PM) | Kristy Zhu | 1800元 | |
| F6 税务(TX) | Kristy Zhu | 1800元 | |
| F7 财务报告(FR) | Frances Wang | 1800元 | |
| F8 审计与认证业务(AA) | Yolanda Wang | 1800元 | |
| F9 财务管理(FM) | Peter Shang | 1800元 | |
| 选修课程 PROFESSIONAL——OPTIONS | |||
| p4 高级财务管理(AFM) | Payton Yang | 2200元 | |
| p5 高级业绩管理(APM) | Joseph chow | 2200元 | |
| p6 高级税务 | 暂未招生 | —— | —— |
| p7 高级审计与认证业务(AAA) | 暂未招生 | —— | —— |
 |
，我們將會(huì)及時(shí)處理。
