In perfect competition, the price of the product is determined where the marketA.elasticity of supply equals the market elasticity of demand.B.supply curve and market demand curve intersect.C.average variable cost equals the market average total cost....
How can a firm maximize profit in a perfectly competitive market? Explain why 'profit maximization' leads to different prices depending on whether the market is "perfect competition" or 'monopolistic competition'. Describe the profit-maximizing positions for a perfect competitor and a mo...
In perfect competition,___. A. there are very few firms in the market B. there is a homogeneous product C. there are large barriers to entry D. there is imperfect information between consumers and producer 如何将EXCEL生成题库手机刷题 > 下载...
A. is not making a profit B. is experiencing decreasing returns to scale C. cannot cover its total costs D. is operating below the minimum point on the average variable cost curve 相关知识点: 试题来源: 解析 D 正确答案:D 解析:答案为D项。完全竞争厂商的平均变动成本的最低点为其停止营业或...
a无法显示地图 Is unable to demonstrate the map[translate] a在完全竞争的市场中,如果要素所有者的收益高于其机会成本,就会有更多的要素投入到这个行业中,如果低于机会成本,就会使生产要素流出这个行业。因此,完全竞争的市场均衡时,经济利润趋于零,要素所有者的收益刚好维持在机会成本的水平。 In competes completely ...
In the table tennis competition, the coach said that ___ practice makes perfect. A. regular B. irregular C. regulate D. regulation 相关知识点: 试题来源: 解析 A。解析:本题考查形容词的用法。“regular”表示“有规律的”,“regular practice”表示“有规律的练习”,符合常理,在乒乓球比赛中,有规...
This paper proposes a perfectly competitive model of a market with adverse selection. Prices are determined by zero-profit conditions, and the set of traded contracts is determined by free entry. Crucially for applications, contract characteristics are endogenously determined, consumers may have multiple...
答案解析: In a market of perfect competition an individual firm’s demand schedule is perfectly elastic (horizontal). 统计:共计107人答过,平均正确率65.42% 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:gaoduntiku 登录手机注册 合作账户登录:...
Monopolistic competition differs from perfect competition primarily because___.A.in monopolistic competition, firms can differentiate their productsB.in perfect competition, firms can differentiate their productsC.in monopolistic competition, entry into the industry is blockedD.in monopolistic competition, the...