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
A: “Free market” price
B: “Closed market” price
C: International market price
D: Semi-closed market price
举一反三
- In international market, which of the following is (and/or are) “closed market” prices( ) A: Agreement price B: Monopoly price C: Commodity exchange price D: Transfer price
- 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.
- 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.
- If a firm in a perfectly competitive market tries to raise its price above the going market price, then:
- 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.