|
|
本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑
/ E* K6 N0 Z* d; u" w% b
0 B# o, v; g9 F6 b" K2 _CFA Level I：Economics - The Firm and Market Structures 精选题和学习要点
) P0 Z+ [$ f2 C8 ]# \8 \Learning Outcome Statements (LOS) 5 _* o/ j+ D2 d) a! |, r% p& P, |
a Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly;
* j* e8 a$ e6 |& K4 X$ Z4 F! z# [b Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure;
! h# I) z+ W9 `; T# K4 Kc Describe the firm’s supply function under each market structure;
' {9 t" g' j* D5 ud Describe and determine the optimal price and output for firms under each market structure;) b u* ^% w5 q) z: v
e Explain factors affecting long-run equilibrium under each market structure;
# c" l* [) q) e6 I& o- b5 bf Describe pricing strategy under each market structure;
7 r: b# x O c+ C2 Ug Describe the use and limitations of concentration measures in identifying;
) i# t0 \& @8 X" {" a* c, V8 }h Identify the type of market structure a firm is operating within;
5 X7 J9 ?2 e4 X& P
- ?+ D. F# U; F1. If the minimum efficient scale of a single producer is small relative to the demand for an undifferentiated good, the market structure of the producer is best described as being: / D# l" X% ^; e3 X, `! c
A. an oligopoly 9 u( J+ g* ^, f9 H( {# d
B. perfect competition ' M+ p F/ w; O
C. monopolistic competition $ @' |" t) ]9 d- k
登录回复后可见：答案和详解
% _( N# ~6 t. g% t* ?6 D( {1 W2 V4 P9 f9 n
Answer：B" d6 p3 B7 J7 l3 g% w5 S
& L S; @ ~ g0 j1 E/ n `. j- r* g( f
2. Successful product development, advertising, and the creation of brand names are most likely to have a positive impact on the economic profit of the producer under:
" B7 m6 d, y$ G! r% Z0 LA. a monopoly 8 q- k0 S( K- r$ Y
B. perfect competition ) J# g8 C4 P4 ^! e: a- u5 X
C. monopolistic competition 7 B+ A9 v) m$ r3 M
! A% s0 E ]( y' Y
Z9 X# I2 \3 W9 S$ {
3. The least likely reason why a firm in perfect competition is a price taker is because:9 z; k. |0 `7 M
A. buyers are well informed about prices of other firms
" p9 ]$ ?) n) vB. it can set its product’s price at or above the market price
- \# J; \ }% qC. it produces a very small portion of the total output of a particular good ; ?3 e$ I3 L9 [3 {0 A) n4 J
9 M5 x8 x6 ~9 |5 X! j( Y4 \5 s( J* o! J
4. For a firm in perfect competition, as output increases the marginal revenue will most likely:
$ a9 |! v# r$ @A. increase+ _& J0 G( S& q% ^' T, c
B. decrease
. w. v; x8 d7 U& f% e7 ~C. remain constant 0 V& n+ x0 A5 n$ U( Z& N: x) _% @
% `; A0 [/ j$ r0 s- v( `$ o% y% h0 b6 B& ]1 U
5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus: 6 K0 }) X' k9 l$ k2 ^; @: I9 o
A. increase
! a9 w+ g' @+ g' QB. decrease & c5 v% _" m, @4 \; V2 d n( R6 U
C. is eliminated 8 T( k4 C/ N+ p" ^" T9 s( E& f8 s
; `( F' I% f4 g* }% h+ }
7 o$ b& a' t8 b9 E! X! W更多CFA习题可关注：高顿CFA题库.8 h4 B5 p% x2 Z; g
关注：这里是华尔街（ID:CFA-online）公众号，每天读点金融，离梦想近一点！
' a: t b. {( d% M
" X! E4 G5 A# |* a |
|
[复制链接]
发表于 2016-1-26 10:26:52
发表于 2016-3-8 09:41:38
