The Lerner Index is difficult to estimate because data are lacking on firms’ marginal costs。（ ）
举一反三
- If the elasticity equals -10，the Lerner Index equals 0。01（ ）
- The Lerner Index indicates that a monopolist has unlimited control over price。（ ）
- Who will be prevented from buying the good A: Some consumers who also estimate the value of the good at more than the marginal cost of production. B: Some consumers who estimate the price of the good at more than the marginal cost of the production. C: Some consumers who have a high opinion of the good at more than the marginal cost of the production. D: Some consumers who estimate the worth of the good at more than the marginal cost of the production.
- With scarcity, the price would equal only the ( ). A: marginal user cost B: marginal cost of extraction C: the sum of marginal extraction cost and marginal user cost. D: fixed costs
- Which of the following is least likely a limitation of financial ratios A: Data on comparable firms are difficult to acquire. B: Determining the target or comparison value for a ratio requires judgment. C: Different accounting treatments require the analyst to adjust the data before comparing ratios.