|
|
本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑 : V' c7 g) h0 r6 R k8 O
$ w( j: Y5 `9 J0 T8 W: @% B
CFA Level I:Economics - The Firm and Market Structures 精选题和学习要点
) f. h2 g: s6 S% yLearning Outcome Statements (LOS)
* O" }7 ~0 ^: i8 P" Y! M0 v0 Ja Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly;
* z; q8 ?$ S5 F8 m- p+ Vb Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure; 6 E9 H, \2 n, Y" |3 l( m
c Describe the firm’s supply function under each market structure;
" H. ]. ^ l3 R2 Gd Describe and determine the optimal price and output for firms under each market structure;4 C& Y+ y b, ~! F% H7 j
e Explain factors affecting long-run equilibrium under each market structure; $ E! _3 b# m8 \5 J: S; V8 Y
f Describe pricing strategy under each market structure; * U1 [1 @4 S9 V6 U1 Y
g Describe the use and limitations of concentration measures in identifying;
# W, Y, P9 F3 S+ P1 U1 z3 n7 z6 ph Identify the type of market structure a firm is operating within;
- F" f7 O& Q) o5 i- j
* z6 ?/ \) y8 P w" P( E+ C. O5 Q) R$ 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: 0 H4 Q4 ^. ^ u! H8 X4 Z
A. an oligopoly
8 s" {5 T6 p2 X0 d- W$ jB. perfect competition
9 G$ }1 R( `5 B( {! V' m, PC. monopolistic competition j* i, r6 E% O* m
登录回复后可见:答案和详解
, }' [: \' k& m4 W2 Q" A1 A2 k0 K8 |
Answer:B
7 _* M( L2 J& B# g* p* `$ z( M2 j2 x2 R
- _3 e5 v4 M( r
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: ' s |9 D6 u7 R5 n/ t
A. a monopoly . v0 w9 G i& y: g: g" Y
B. perfect competition
( Z7 a# o, q B K, bC. monopolistic competition
; r% B6 r& p& i' \8 d% X. _5 E( Q1 W, J+ p/ E
+ a! s( V. K. w6 B( l5 ]* @
3. The least likely reason why a firm in perfect competition is a price taker is because:
4 u3 _/ j4 A0 i' J4 h$ g. JA. buyers are well informed about prices of other firms 1 i% `8 F" J' h
B. it can set its product’s price at or above the market price 1 m0 V; g# `8 I
C. it produces a very small portion of the total output of a particular good % t* e- n `0 c& q# h$ {7 V
6 Q; X5 D8 q3 V1 g3 ?
/ T& ?: N# X9 ~: g4. For a firm in perfect competition, as output increases the marginal revenue will most likely:2 K8 W5 a) C5 B2 R
A. increase
. ]! ~7 i8 S- e {2 [- UB. decrease : |& t4 L, Z* M/ T _0 x, e
C. remain constant / Q2 o& D, Y. i0 ^
* K5 Y6 T% G0 y" H
7 V3 c. ?" A: Q) w, }1 K9 |$ `
5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus:
" Q- g" p v6 L. j8 x' S* \9 gA. increase ' C! O! W0 `+ G5 M" S$ C
B. decrease / L/ v1 \' Q3 D1 \ i3 d
C. is eliminated " ^% @" D4 U( B5 g& O1 ~
; z; m& M2 Z9 E+ h$ Q; ]" M( H
$ X; O4 e1 A, k. W, v* t更多CFA习题可关注:高顿CFA题库./ R+ ~5 ^. X& W2 x" X& ?7 h8 A
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!! @+ c, P1 D9 Z9 b8 U7 G
! W( n+ i2 P, m/ I5 t% l b |
|