• 2022-06-04
    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
  • A

    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

      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

    • 2

      If a firm charges more than the market price, it loses all its customers to other firms.

    • 3

      Which of the following is an example of direct selling? A: E&OE sells its herbal skincare products exclusively through its stand-alone stores. B: TCJ is a telemarketing firm that sells products from a number of different suppliers. C: Jayne's sells most of its products to customers through home sales parties. D: J3 is an online shopping portal where customers can buy directly from manufacturers.

    • 4

      Which of the following firms is likely to have a high level of resource flexibility A: A firm that uses a line process B: A firm that produces only one product C: A firm whose products have stable demand D: A firm that frequently introduces new products