西方经济学-在线作业_c（Western economics online homework _c）.doc

西方经济学-在线作业_c（Western economics online homework _c） OTS online examination system: welcome to W320902141132 | exit system of online homework Achievement management Online homework Ongoing, 0 overdue performance details Serial number, time, status, view 12014-08-23 23:35:53100.0 ends Return Western Economics - online homework _C user name: W320902141132 final score: 100, a single choice question 1. In the perfectly competitive market, the condition of excess profits is (). The average variable cost of a market is higher than that of a firm The average fixed cost of a market is higher than that of a firm The average cost of the market is higher than the average cost of the manufacturer The market price is equal to the average cost of the manufacturer Subject matter: 5 User score: 5 User answer: market price is higher than average cost of manufacturer Knowledge point: Two The equilibrium condition of maximum profit for a perfectly competitive firm. PMRMC PMR=MC P=MR=MC P=MRMC Subject matter: 5 User score: 5 User answer: P=MR=MC Knowledge point: Three A monopolist adopts a differential pricing strategy in which the A market price is higher than that of the B market. The elasticity of demand in A market is less than the elasticity of demand of B Market The income elasticity of the two markets is equal The demand elasticity of A market is greater than the elasticity of demand of B Market The demand elasticity of the two markets is equal Subject matter: 5 User score: 5 User answer: the elasticity of demand in A market is less than the elasticity of demand of B Market Knowledge point: Four The long-run equilibrium condition of monopolistic competition firms is (). P=AR=LAC=MR=LMC P=MR, AR=LMC=LAC MR=LMC, P=AR=LAC P=LMC, MR=AR=LAC Subject matter: 5 User score: 5 User answer: MR=LMC, P=AR=LAC Knowledge point: Five In a perfectly competitive market, the firms demand curve for labor. Its a straight line It is a horizontal straight line Tilt right up slantwise Subject matter: 5 U