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提问人:网友ll_phy 发布时间:2022-01-07
[主观题]

Suppose we know that a monopolist is maximizing its profits. Which of the following must be true? The monopolist has:

A、maximized its total revenue.

B、set price equal to its average cost.

C、maximized the difference between marginal revenue and marginal cost.

D、equated marginal revenue and marginal cost.

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更多“Suppose we know that a monopolist is maximizing its profits. Which of the following must be true? Th…”相关的问题
第1题
Who won in the second case?

A、Szarawara

B、Snead

C、the County

D、the Univeristy

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第2题
【单选题】Refer to Figure 10.3. The profit-maximizing level of output for this monopolist is ________ units of output.

A、20

B、22

C、24

D、26

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第3题
Refer to Figure 10.3. The profit-maximizing price for this firm is:

A、$5.

B、$7.

C、$9.

D、$11.

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第4题
Refer to Figure 10.3. In the long run this monopoly firm's profit will:

A、fall.

B、rise.

C、remain unchanged.

D、become normal.

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第5题
What encourages firms to enter markets?

A、The diversity of products offered must be small.

B、Firms believe they can violate patent protection with impunity.

C、No firms in the industry can experience losses.

D、Some existing firms in the market must be earning economic profits.

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第6题
【单选题】Assume that there is a single firm producing toilet paper and the firm specific demand curve is the same as the market demand curve. If a second firm that also produces toilet paper enters the market what will happen to the firm-specific demand curve of the original firm?

A、There is a movement up along the demand curve.

B、There is a movement down along the demand curve.

C、shifts to the right

D、shifts to the left

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第7题
Which of the following characteristics is shared by both monopolistically competitive markets and monopoly markets?

A、free entry

B、identical products across sellers

C、Firms face downward sloping demand curves.

D、Firms are price takers.

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第8题
As a result of product differentiation, a firm in a monopolistically competitive market:

A、always has some market power.

B、is very similar to a firm in a perfectly competitive market.

C、faces a perfectly elastic demand curve.

D、is very similar to a monopolist.

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第9题
In a monopolistically competitive market, product differentiation ensures that in the long run:

A、price will equal marginal cost.

B、marginal revenue will exceed marginal cost.

C、marginal revenue will equal average total cost.

D、price will exceed marginal revenue.

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