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垄断竞争市场产量和价格决定(习题)(Monopoly, competition, market, output and price decision)
垄断竞争市场产量和价格决定(习题)(Monopoly, competition, market, output and price decision)
Monopoly, competition, market, output and price decision
Choice question
1. monopoly short-term equilibrium, ()
A. is sure to get extra profits
B. vendors must not be able to make excessive profits
C. can only get normal profits
D. gains excess profits, losses and normal profits can occur in three situations
2. the short-term equilibrium of the firms in the monopolistic competition market occurs
A. marginal costs are equal to the marginal revenue generated in the actual demand curve
When average cost of B. drops
The C. subjective demand curve intersects the actual demand curve, and there is marginal cost equal to the marginal revenue generated in the subjective demand curve
When the D. subjective demand curve is tangent to the average cost
3. when a monopolistic competitor is in equilibrium for a long time, it must be ()
A. price equals long-term average cost
The B. subjective demand curve intersects the actual demand curve on the equilibrium output
C. marginal revenue equals long-term marginal cost
D. or more
4., monopoly competition, long-term equilibrium ()
A. can be achieved at a price above average cost
B. can be achieved at a long-term average cost increase stage
C. is a zero profit balance
D. must be realized at the lowest average long-term cost
5. in the monopolistic competition market, ()
A. there are countless manufacturers producing the same product
B. many manufacturers produce similar products
C. has a small number of manufacturers producing similar products
D. a small number of manufacturers produce the same product
6., the following are the ways to realize equilibrium in monopolistic competition.
A. product differentiation
B. increases sales and advertising efforts
C. adjust prices to determine moderate yield
D. implements differential prices
7. assume that monopolistic competitors have a smaller slope demand curve, which is assumed to be ()
A. the behavior of each vendor has
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