|
本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑 ; v0 E( z# K1 a/ e
# T5 z# _. `! ZCFA Level I:Economics - The Firm and Market Structures 精选题和学习要点
3 a1 a/ t, Y6 I$ D" {- H9 H& lLearning Outcome Statements (LOS)
2 {0 e5 x6 _1 f1 Na Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly; - ~, c& `2 i& ~* B; o ?( j5 Q7 `
b Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure; 2 B8 x$ u9 M. S' I
c Describe the firm’s supply function under each market structure; / X# M9 v9 R4 g# d. P' p; L
d Describe and determine the optimal price and output for firms under each market structure;
+ \5 Q5 S* r' G6 B ee Explain factors affecting long-run equilibrium under each market structure; & b0 F# c, A; U# q; S. z
f Describe pricing strategy under each market structure;
2 Y$ V* I9 F$ ig Describe the use and limitations of concentration measures in identifying;
/ ?+ @6 b2 n! i: n: Bh Identify the type of market structure a firm is operating within;
+ t" |. k3 L2 z7 M. F1 Q
7 \/ I6 W* S2 p9 ], h1. 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:
4 J% D& D( d2 k1 v5 eA. an oligopoly 2 _ U" O$ }4 l4 G& @2 N
B. perfect competition
" q7 N( ]. w7 k, |6 x5 t4 q! k# IC. monopolistic competition % f; t- H; t: \& c0 {
登录回复后可见:答案和详解
" J3 R, r/ S9 M1 M4 T# o6 J8 | [: ?
# D' n& P6 w7 c2 ]Answer:B p0 m# U- F8 k5 b# w) W% a2 A
$ E4 ~0 g9 c( u: l5 R# s' w
' N) Z$ ]8 F m$ _) z; n/ T E# c
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:
" p! `0 @: _0 k/ |8 ^7 d9 W) GA. a monopoly 6 [4 {4 \" V$ Q, V3 j5 \/ f3 L
B. perfect competition % S! x1 e( C/ T
C. monopolistic competition 1 V: l2 ^7 q5 E
" D5 `" I/ H+ M v5 D/ C0 K
/ s& k* ?) K5 t* Z' J8 |3. The least likely reason why a firm in perfect competition is a price taker is because:
# s x Y4 ]* m6 FA. buyers are well informed about prices of other firms # R) ^0 H9 [ }6 s
B. it can set its product’s price at or above the market price 0 X h0 X" y3 S
C. it produces a very small portion of the total output of a particular good
( W' e. b4 p. [. {4 J8 m- k
$ C0 V7 l- L' h: D- I# X ], E W' Y) D) s6 o- {
4. For a firm in perfect competition, as output increases the marginal revenue will most likely:
8 [5 p+ J. M# ?2 z3 KA. increase! k( c' C" X4 Z
B. decrease
\; N* K' w& ~8 n5 H$ }C. remain constant & E" K" _% H5 F7 }
& J' l% N5 M/ S
, p! Q$ |, ~: _( Z" n. Q0 \5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus:
* i0 P/ E+ {3 A2 L# b& \A. increase , z& J& ? c: H# I+ D
B. decrease - m2 F0 l7 Z. Q4 q) x! ^
C. is eliminated
* s: U. w, \3 |8 ^" @; j! y: H
1 q3 C" H B: w/ M6 q {: e9 }# I. U p. f4 }- l
更多CFA习题可关注:高顿CFA题库./ V+ b& M7 X9 d- z( J0 r: e" ]$ A9 f
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!
2 @. Y4 d' ~0 o3 r K% {. o S9 K$ ]9 {0 W r$ |* H
|
|