举一反三
- The lowest possible price the monopolist can charge and still prevent entry is called the limit price( )
- Assume a non-price discriminating monopolist can sell 20 units of a good for 4.00 each and can sell 21 units of that good for $ 3.85 each. The marginal revenue of the 21st unit is:
- Which of the following statements about a monopolist is least accurate() A: The monopolist faces a downward sloping demand curve. B: Unlike an oligopolist, a monopolist will always be able to earn economic profit. C: A profit-maximizing monopolist will expand output until marginal revenue equals marginal cost.
- Suppose we know that a monopolist is maximizing its profits. Which of the following must be true? The monopolist has:
- Which of the following statements about a monopolist is least accurate A: A profit-maximizing monopolist will expand output until marginal revenue equals marginal cost. B: A profit-maximizing monopolist will supply less of his product than the amount consistent with the conditions of ideal static efficiency for an economy. C: A monopolist will always be able to earn economic profit.
内容
- 0
For a profit maximizing monopolist, price:
- 1
Predatory pricing assumes that a monopolist maximizes profit until entry occurs, and that after entry, the monopolist expands output aggressively and cuts price。( )
- 2
Which of the following statements regarding a monopolist is most accurate A: A monopolist will maximize the average profit per unit sold. B: If a firm has a monopoly, it will always be able to earn economic profits. C: A monopolist, like any other profit-maximizing firm, will sell at the output level where marginal revenue equals marginal cost.
- 3
To maximize profit, the monopolist produces on the ________ portion of the demand curve where ________.
- 4
Refer to Figure 10.3. The profit-maximizing level of output for this monopolist is ________ units of output.572ff1c1e4b0809f2416fcc1.png