Why does demand curve usually slope downward to the right? Are there any exceptions to this? Why demand curve is horizontal in perfect competition? Explain why the supply curve for labor is upward sloping. Why is the area under the demand curve equal to the total expenditure?
单个厂商面对的demand curve由一条水平线(也就是产品价格)给出。当私人厂商面对水平的demand curve时,它不降低价格就能售出一单位额外的产量,每单位销售增加的总收益等于价格,也就是marginal revenue等于价格,而平均收入也等于价格,所以平均收益等于价格。所以perfect market competition条件下厂商的demand curve和marginal ...
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the market would not be in perfect competition. Therefore, the demand curve that each perfectly competitive firm faces is a horizontal line at the equilibrium price, as shown in above, even though the demand curve for the whole market is downward sloping. ...
Answer to: In a perfectly competitive market, a company demand curve is a. perfectly elastic b. perfectly inelastic c. imperfect d. market...
andmonopolistic competitioncould only make profits in the short-run but not in the long-run. In the last section of the report, it provided a case of a Chinese monopolist in the railway service industry and talked about its pricing strategy when studying the monopolistic inelastic demand curve....
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:...
In this market, the monopolist company faces a downward sloping demand curve and is characterized as a price maker, meaning that the monopolist can charge any price along the demand curve because the company is the only vendor for the product. In perfect competition (characterized by many ...
Astra-Merck Prices Prilosec 1995 Price of Prilosec = $3.50/daily dose Price of Tagamet and Zantac = $1.50 - $2.25/daily dose MC of Prolosec = 30 - 40 cents/daily dose Astra-Merck Prices Prilosec Monopoly Shifts in Demand In perfect competition, the market supply curve is determined by ...
更多“why a long-run market supply curve might not flat in perfect competition”相关的问题 第1题 In the long run, a firm in a perfectly competitive market will least likely : A.Earn economic profit. B.Produce goods at lowest average cost. C.Experience economies of scale. 点击查看答案 ...