• 2022-06-06
    Firms operating in perfectly competitive markets try to maximize profits.
    A: 正确
    B: 错误
  • A

    内容

    • 0

      In monopolistically competitive markets, free entry and exit suggests that A: the market structure will eventually be characterized by perfect competition in the long run. B: all firms earn zero economic profits in the long run. C: some firms will be able to earn economic profits in the long run. D: some firms will be forced to incur economic losses in the long run.

    • 1

      The weak axiom of profit maximizing behavior states that in a modern mixed economy, firms have only a weak incentive to maximize profits.

    • 2

      If firms wish to maximize their market share, they should opt for market-skimming pricing. A: 正确 B: 错误

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      Firms maximize profit when

    • 4

      The best example of a perfectly competitive industry is: