A. short-run equilibrium only. B. long-run equilibrium only. C. both short-run and long-run equilibrium. 相关知识点: 试题来源: 解析 C 完全垄断行业中只有一个企业,产品没有很好的替代品,而且行业的进入门槛非常高,企业可以在短期或者长期内都获得经济利润。相对来说,完全竞争行业由于进出壁垒很低,市...
10.7垄断者的短期和长期均衡点(Monopolist’s Short-Run and Long-Run Equilibrium Positions) 由于行业中存在行业进入障碍且没有竞争企业,垄断者能够在长期运作中继续以其超正常、正常或欠正常利润运作。 所以,垄断者的短期和长期均衡点之间没有差别。 复习题(Review Questions) 1.解释垄断条件下价格和产量的计算方法...
In order to understand fully the difference between the short-run equilibrium and long-run adjustment under monopoly, it is necessary to show short-run equilibrium and long-run equilibrium in one figure. This has been done in Fig. 26.6 which shows that for a given level of demand, the ...
Monopoly Regulation ◄ Current DocumentMonopolistic CompetitionMonopolistic Competition: Short-Run Profits and Losses, and Long-Run EquilibriumOligopolyGame Theory of Oligopolistic Pricing StrategiesOligopoly Pricing Models ► Economic Resources ► Macroeconomics ► International Economics ► Other Topics...
The Monopolist’s Demand Curve and Marginal Revenue As a result, the monopolist produces less and sells its output at a higher price than a perfectly competitive industry would. It earns a profit in the short run and the long run.
Monopoly RegulationMonopolistic CompetitionMonopolistic Competition: Short-Run Profits and Losses, and Long-Run EquilibriumOligopolyGame Theory of Oligopolistic Pricing StrategiesOligopoly Pricing Models ► Economic Resources ► Macroeconomics ► International Economics ► Other Topics...
This generates profit for the monopolist in the short run and long run. Profits will not persist in the long run unless there is a barrier to entry. This can take the form of: control of natural resources or inputs increasing return 9、s to scale technological superiority government-created...
Understand the arguments in favour of and against the proposition that monopoly suppresses innovation; 11. Understand the characteristics of monopolistic competition, and the short- and long-run equilibrium in case of monopolistic competition. Dr. Kris De Jaegher MICROECONOMICS AND INSTITUTIONS LECTURE ...
English: Long-run equilibrium of a firm under mono... English: Short-run equilibrium of the firm under m... fraser And we will be looking at their strength and weaknesses and also to help us gain some inside knowledge on the market of economics. Monopolistic Economists define monopolistic co...
pointC),thefirmmakesprofitabovetheopportunitycostofcapitalintheshortrunAtpriceP3,(pointC),thefirmmakesNORMALPROFITS 9.2 Thesupplycurveunderperfectcompetition(2)BetweenP1andP3,(AandC),thefirmmakesshort-runlosses,butremainsinthemarket DOWNPRICE),thefirmfailstocoverSAVC,andexits £ SMC P3P1 ...