The market followers are less aggressive and tend to maintain their market position through price reduction.
举一反三
- 中国大学MOOC: The market followers are less aggressive and tend to maintain their market position through price reduction.
- 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.
- If a monopolist engages in three-degree price discrimination in two segmented markets, but the firm's cost function is the same in both markets, in which market will the firm set a higher price? A: The larger market in terms of market size B: The smaller market in terms of market size C: The market with more elastic demand D: The market with less elastic demand
- 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
- ________ are those runner-up firms that are working to increase their market share in an<br/>industry. A: Market leaders B: Market challengers C: Market followers D: Market nichers