c. price is equal to marginal revenue.d. the firm operates at itsefficient scale.ANS: A PTS: 1 DIF: 2 REF: 17-1TOP: Long-run equilibrium MSC: Interpretive 相关知识点: 试题来源: 解析A 在垄断竞争市场的长期均衡中,企业通过进入或退出市场使得
TOP: Monopolistic competition MSC: Analytical 相关知识点: 试题来源: 解析 B 在垄断竞争市场中,企业面临的需求曲线具有弹性,但并非完全弹性。这是因为产品存在差异性,消费者可能因品牌偏好、质量或其他非价格因素继续购买。- **选项A**错误。完全弹性需求(价格稍涨,需求为零)属于完全竞争市场特征,垄断竞争下产品...
What is a monopolistically competitive firm? What do they sell?Market Structure:Market structure is a concept used in economics to categorize the different industries or markets in an economy in relation to characteristics such as types of profits, number of companies, type of product, conditions...
The demand for a product of a monopolistically competitive firm is:的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大学职业搜题找答案,刷题练习的工具.一键将文档转化为在线题库手机刷题,以提高学习效率,是学习的生产力工具
In the short run, a monopolistically competitive firm Select one: b. May make profits just as it does in the long run because firms can enter easily. c. May make economic profits, but it fails to ma Which of the following distinguishes the short run from the long run in pu...
Firm A is a perfectly competitive firm. Firm B is a monopolistically competitive firm. Both firms are currently maximizing their respective profits. Which of the following statements is correct?⏢ANS: C DIF: 2 REF: 16-2 NAT: AnalyticLOC: Monopolistic competition TOP: Monopolistic competition |...
To maximize its profit, a monopolistically competitive firm chooses its level of output by looking for thea. level of output at which price equals marginal cost.b. level of output at which marginal revenue equals marginalcost.c. level of output at which marginal revenue equals zero.d. level...
A monopolistically competitive firm is one: A、that behaves like a monopolist. B、of many firms that sell products that are close but not perfect substitutes. C、of many firms that all sell the exact same product. D、of a small number of firms that sell products that are close but not ...
As long as profits are possible, more firms will enter the market, reducing the profits to each individual firm in a monopolistic competition. Profits in Monopolistic Competition: A monopolistically competitive market is one where ...
Answer to: Compare a monopolistically competitive firm's demand curve to the demand curve of a perfect competitor and a monopolist. By signing up,...