A: high economic profits.
B: prisoner’s dilemma.
C: collusion.
举一反三
- In the model of monopolistic competition, compared to a firm with a lower marginal cost, a firm with a higher marginal cost will set a ________ price, produce ________ output, and earn ________ profits. A: higher; less; more B: higher; less; less C: lower; less; less D: lower; more; more
- The act of buying at a low price in one place and selling at a high price in another place is called relative pricing.
- A firm with a higher degree of operating leverage when compared to the industry average implies thatthe A: Firm has higher variable costs. B: Firm's profits are more sensitive to changes in sales volume. C: Firm is more profitable. D: Firm is less risky.
- The more value customers place on a firm's products, the higher the price the firm can charge for those products. A: 正确 B: 错误
- When faced with a network design decision, the goal of a manager is to design a network that A: maximizes the firm's profits. B: minimizes the firm's costs. C: satisfies customer needs in terms of demand and responsiveness. D: maximizes the firm's profits while satisfying customer needs in terms of demand and responsiveness.
内容
- 0
If a firm buys its labor in a competitive market, then a short-run increase in the price of the firm's output will cause the firm to( ) A: hire fewer workers. B: offer a higher wage. C: offer a lower wage. D: hire more workers.
- 1
Inflation could affect China's stable economic development and the government has put a high _____________ on curbing price hikes.
- 2
The ratio of one commodity price to the price of another commodity is called relative commodity price.（ ） A: 对 B: 错
- 3
Which of the following statements is most accurate regarding a firm’s cost of preferred shares A firm’s cost of preferred stock is:（） A: the market price of the preferred shares as a percentage of its issuance price. B: the dividend yield on the firm’s newly-issued preferred stock. C: approximately equal to the market price of the firm’s debt as a percentage of the market price of its common shares.
- 4
In market-penetration pricing, the company’s objective in pricing is to ________, believing that higher sales volume will lead to lower unit costs and higher long-run profits.