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.
内容
- 0
When a manufacturer maximizes profits in a competitive market, the market price must be equal to the average cost.
- 1
If a firm in a perfectly competitive market tries to raise its price above the going market price, then:
- 2
Which of the following correctly describes an oligopoly? A: A single firm has all of the market power. B: Several firms have market power and there is free entry and exit. C: Several firms have market power and there are barriers to entry. D: Several firms take the price as given and there is free entry and exit.
- 3
Suppose roses are currently selling for $40 per dozen, but the equilibrium price of roses is $30 per dozen. We would expect a_______. A: shortage to exist and the market price of roses to increase. B: shortage to exist and the market price of roses to decrease. C: surplus to exist and the market price of roses to increase. D: surplus to exist and the market price of roses to decrease.
- 4
According to the passage, why do we have futures contracts A: To take delivery of a given commodity. B: To make the market against price fluctuations stable. C: To ensure delivery of a given commodity at market prices. D: To allow for some price certainty before a commodity is delivered.