Consider the following statement: "If a firm is a price taker, it does not have the ability to control the price of the product it sells." What does this statement mean? "If a firm is a price taker, it does not have the ab...
If a firm is a price taker in the labor market, then the value of the marginal product of labor equals ( )A.labor’s marginal product divided by the wage rate.B.labor’s marginal product.C.labor’s marginal product multiplied by the price of the final pr
Consider the following statement: "If a firm is a price taker, it does not have the ability to control the price of the product it sells." What does this statement mean? Discuss the following statement: If a firm is a price...
a你说亲爱的 正在翻译,请等待...[translate] a衣服不能敞开 Clothes cannot open wide[translate] aWhile a competitive firm is a price taker, a monopoly firm is a price maker. 当一家竞争企业是受价人时,独占企业是价格制作商。[translate]
解析 C A firm operating as a price taker will produce quantity where MC = MR. It will maximize profit and not revenue. In the long run, it will make zero economic profits after taking into account fair return on capital.反馈 收藏
正确答案:A 分享到: 答案解析: Under perfect competition, a firm is a price taker at any quantity supplied to the market, and AR = MR = Price. 统计:共计2人答过,平均正确率50% 问题:进入高顿部落发帖帮助 相似题型 热门网课更多>> 论坛精华更多>> 题库APP下载更多>> 关注我们 微信号:gao...
The firm in a perfectly competitive market is a price taker. This designation as a price taker is based on the assumption that___. A. the firm has some, but not complete, control over its product price B. there is easy entry into or exit from the market place C. each firm produces...
ain the wrong place 在错误地方 [translate] aCapital Surplus 资本盈余 [translate] aIn this system, 在这个系统, [translate] aMonopoly versus Competition 独占对竞争 [translate] aIs a price maker 是价格制作商 [translate] aCompetitive Firm 竞争企业 [translate] aIs a price taker [translate] ...
A perfectly competitive firm is a “price taker,” which means it can’t increase or decrease prices. It must follow the price that supply and demand levels determine. Complete equality means no individual buyer or seller in a perfectly competitive market can affect product prices. ...
China,asapricetaker,isbuildinginventoriesbetting oncrudepricestogain. 中国作为价格接受方,认为原油价格将上涨,正在进行储备。 article.yeeyan.org 5. Ratherthanbeingapricetaker,eachfirmfacesadownward-slopingdemandcurve. 垄断竞争厂商不是价格接受者,每个厂商面临的需求曲线是向右下方倾斜。