举一反三
- For a profit maximizing monopolist, price:
- Predatory pricing assumes that a monopolist maximizes profit until entry occurs， and that after entry， the monopolist expands output aggressively and cuts price。（ ）
- A profit-maximizing monopolist will produce the level of output at which A: average revenue is equal to average total cost. B: average revenue is equal to marginal cost. C: marginal revenue is equal to marginal cost. D: total revenue is equal to opportunity cost.
- A perfectly competitive firm maximizes its profit by producing the output at which its marginal cost equals its ____ A: marginal revenue B: average total cost C: average variable cost. D: average fixed cost.
- Which of the following statements about a monopolist is least accurate A: A profit-maximizing monopolist will expand output until marginal revenue equals marginal cost. B: A profit-maximizing monopolist will supply less of his product than the amount consistent with the conditions of ideal static efficiency for an economy. C: A monopolist will always be able to earn economic profit.
内容
- 0
A monopolist maximizes profits by A: producing an output level where marginal revenue equals marginal cost. B: charging a price that is greater than marginal revenue. C: earning a profit of (P - MC) x Q. D: Both a and b are correct.
- 1
The firm maximizes economic profit by finding the rate of output at which total revenue ________ total cost ________ . A: equals; all else constant B: plus; equals C: minus; equals zero D: exceeds; by the greatest amount.
- 2
Which of the following statements regarding a monopolist is most accurate A: A monopolist will maximize the average profit per unit sold. B: If a firm has a monopoly, it will always be able to earn economic profits. C: A monopolist, like any other profit-maximizing firm, will sell at the output level where marginal revenue equals marginal cost.
- 3
A firm maximizes profit by operating at the level of output where A: average revenue equals average cost. B: average revenue equals average variable cost. C: total costs are minimized. D: marginal revenue equals marginal cost. E: marginal revenue exceeds marginal cost by the greatest amount.
- 4
Which of the following statements about a monopolist is least accurate（） A: The monopolist faces a downward sloping demand curve. B: Unlike an oligopolist, a monopolist will always be able to earn economic profit. C: A profit-maximizing monopolist will expand output until marginal revenue equals marginal cost.