中国大学MOOC: Unless markets are perfectly competitive, they may fail to maximize the total benefits to buyers and sellers.
举一反三
- 中国大学MOOC: Firms operating in perfectly competitive markets try to maximize profits.
- Firms operating in perfectly competitive markets try to maximize profits. A: 正确 B: 错误
- The international market price of goods is determined by the competition between buyers and sellers, namely, the law of supply and demand. It includes( ) A: Competitive selling between sellers B: Competitive buying between buyers C: Competition between buyers and sellers D: Competitive buying between sellers E: Competitive selling between buyers
- The circular-flow diagram illustrates that, in markets for the factors of production, ( ) A: households are sellers, and firms are buyers. B: households are buyers, and firms are sellers. C: households and firms are both buyers. D: households and firms are both sellers.
- 中国大学MOOC: The competition in monopolistically competitive markets is most likely a result of having many sellers in the market.