A: price in the market increases.
B: price in the market decreases.
C: price in the market does not change.
D: market is no longer a competitive market.
举一反三
- If a firm in a perfectly competitive market tries to raise its price above the going market price, then:
- When an individual firm in a competitive market increases its production, it is likely that the market price will fall.
- When an oligarch alone chooses the level of production that maximizes profits. It Charges A: The price charged by a monopoly is greater than the price charged by a competitive market B: A price less than that charged by a monopoly and greater than that charged by a competitive market C: The price charged in a monopoly or competitive market D: Less than the price charged in a monopoly or competitive market.
- When a manufacturer maximizes profits in a competitive market, the market price must be equal to the average cost.
- When buyers in a competitive market take the selling price as given, they are said to be A: market entrants. B: monopolists. C: free riders. D: price takers.
内容
- 0
The price formed in the commodity exchange is( ) A: “Free market” price B: “Closed market” price C: International market price D: Semi-closed market price
- 1
Refer to Figure 9.6. At a market price of $15, this perfectly competitive profit maximizing firm should:
- 2
A firm in a perfectly competitive market will tend to expand its output as long as: A: its marginal revenue is positive. B: the market price is greater than the marginal cost. C: its marginal revenue is greater than the market price.
- 3
In a competitive market, no single producer can influence the market price because A: many other sellers are offering a product that is essentially identical. B: consumers have more influence over the market price than producers do. C: government intervention prevents firms from influencing price. D: producers agree not to change the price.
- 4
What market is the Most in need of the advertising ( ) A: Fully competitive market B: Monopolize market C: Competitive monopoly market D: Oligopoly market