举一反三
- 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.
- If a competitive firm maximizes short-run profits by producing some quantity of output, which of the following must be true at that level of output? A: p ≥ AVC B: MR > MC C: All of the above D: p > MC
- Which type of profit maximizing firm will choose to produce where marginal revenue equals marginal cost?
- If a competitive firm maximizes short-run profits by producing some quantity of output, which of the following must be true at that level of output? A: p > MC B: MR > MC C: p ≥ AVC D: All of the above
- If a competitive firm maximizes short-run profits by producing some quantity of output, which of the following must be true at that level of output?
内容
- 0
The above figure shows a firm in monopolistic competition. At the profit maximizing level of output, excess capacity for the firm is equal to A: 0 units per day. B: 4 units per day. C: 8 units per day. D: 16 units per day
- 1
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
- 2
For any given price, a firm in a competitive market will maximize<br/>profit by selecting the level of output at which price intersects the<br/>( ) A: average total cost curve. B: average variable cost curve. C: marginal cost curve. D: marginal revenue curve.
- 3
The market structure in which the behavior of any given firm depends on the behavior of the other firms in the industry is:
- 4
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.