A Perfectly Competitive Market Defined A perfectly competitive market is an economic structure in which many businesses sell identical goods. There are no startup costs or legal restrictions. It’s a theoretical market structure in an ideal-world scenario that couldn’t possibly exist in the modern...
解析 D 正确答案:D 解析:答案为D项。完全竞争市场(perfectly competitive market)被假定为厂商数目众多、厂商所提供的产量相对于市场规模而言只占很小的份额,并且厂商进入和退出自由。每个厂商只是价格接受者(price taker),即面临既定的市场价格。故本题选D项。 知识模块:金融英语业务知识反馈 收藏 ...
Suppose a firm in a perfectly competitive market is making a profit. Assume the market price is $36.(3) The firm's profit can be represented by a rectangle with a base equal to the quantity produced and a height equal to the A. difference in price and marginal cost. B. average total...
Economics often treats the perfectly competitive market as a space in which moral judgement is not necessary. The efficiency of markets culminates in the achievement of optimality, a state in which often divergent interests are elegantly reconciled by the invisible hand. Going back to Adam Smith, ...
In a perfectly competitive industry, the short-run supply curve for the market is the: A. marginal cost curve above the average total cost curve. B. marginal cost curve above the average variable cost curve. C. sum of the individual supply curves for all firms in the industry. ...
The demand curve for a firm in a perfectly competitive market is:() A. upward sloping. B. vertical. C. horizontal. 相关知识点: 试题来源: 解析 C In a market of perfect competition an individual firm's demand schedule is perfectly elastic (horizontal).反馈 收藏 ...
百度试题 结果1 题目Which of the following is NOT a characteristic of a perfectly competitive market?market power 相关知识点: 试题来源: 解析 market power 反馈 收藏
aEdwin-Patrick Edwin帕特里克 [translate] aRoponat 正在翻译,请等待... [translate] a3.Is it possible for firms operating in a perfectly competitive market to generate sustained supernormal profits? 3.Is它可能为运行在一个完全竞争市场上的企业创造被承受的非凡赢利? [translate] ...
The market for maple syrup is perfectly competitive. Suppose that the market is in long-run equilibrium when the market demand for maple syrup increases. What happens in the short run? A. Firms will enter the market. B. Some of the existing firms shut down. C. The firms decrease ...
The market for maple syrup is perfectly competitive. Suppose that the market is in long-run equilibrium when the market demand for maple syrup increases. In the long run, firms will ___ the market and the market ___ will ___. A. leave; supply; decrease B. enter; supply; increase...