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.
A: market entrants.
B: monopolists.
C: free riders.
D: price takers.
举一反三
- Assume a market is perfectly competitive. When a new producer enters the market, the 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.
- 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 price formed in the commodity exchange is（ ） A: “Free market” price B: “Closed market” price C: International market price D: Semi-closed market price
- 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 an individual firm in a competitive market increases its production, it is likely that the market price will fall.