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本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑
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- \$ p8 ~) o; W3 y" A. S" DCFA Level I:Economics - The Firm and Market Structures 精选题和学习要点3 |3 I; Z7 R- ]; ?5 H# R9 G
Learning Outcome Statements (LOS)
" E( k/ Z* p7 [/ \2 K; a: Ea Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly;
I7 n: P+ W& S9 k6 e, u2 i: N1 Ab Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure;
U6 K0 ^ e" x: Kc Describe the firm’s supply function under each market structure; & M4 v/ l7 X/ F0 K
d Describe and determine the optimal price and output for firms under each market structure; I6 {2 X4 ^8 c4 @4 @( S
e Explain factors affecting long-run equilibrium under each market structure;
3 @: ~2 |& u: a J- `1 ]" D( F1 J/ Tf Describe pricing strategy under each market structure; 0 r$ x9 j7 I) M/ L3 Y
g Describe the use and limitations of concentration measures in identifying;
5 |, c1 u# M: {7 Z$ H5 b3 {h Identify the type of market structure a firm is operating within;
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1. 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: 5 ~3 B% u |3 U/ \$ S8 x
A. an oligopoly * h& p8 Z" q0 l
B. perfect competition 7 f8 ?! y/ y# v
C. monopolistic competition 4 e' c5 Q# ?# I( I5 o; F) c! _
登录回复后可见:答案和详解- `: t6 C# O% I, i+ P4 o
6 c( D2 }9 {+ `9 gAnswer:B
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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:
. ?! I7 d: @: T9 `: G# r7 a, v0 sA. a monopoly : y5 l3 p, t2 D0 v: R4 k( E
B. perfect competition 6 I# t0 x8 f8 F2 y5 l
C. monopolistic competition 7 `+ H: ~2 G7 Y3 G
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3. The least likely reason why a firm in perfect competition is a price taker is because:! ]9 D. T8 U! ^, i+ Q
A. buyers are well informed about prices of other firms
2 N( ~6 V, R* {B. it can set its product’s price at or above the market price 2 I) Z( D& i1 b4 |. b
C. it produces a very small portion of the total output of a particular good G; K" K' S+ `6 F% Q( ?, c
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* g# u: o5 z$ h' e" F# j8 t4. For a firm in perfect competition, as output increases the marginal revenue will most likely:5 _! O4 G V- W
A. increase' n- i! A9 a- c3 y' l7 I
B. decrease 6 _* h+ l6 x# p- ]
C. remain constant
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5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus: 9 z9 e, S; S, u! L
A. increase
) o; z+ p. k( q! wB. decrease
1 H0 n9 d- _! n$ d& [C. is eliminated 0 Z$ _5 L( D( o
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8 B7 v- y7 b Y. k) W4 \更多CFA习题可关注:高顿CFA题库.
9 A0 c5 [ {( b- ?6 n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!
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