|
本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑
) `6 o ~0 v `5 @# i- _1 a
& b8 p$ u: x6 ~! w6 r0 G# |CFA Level I:Economics - The Firm and Market Structures 精选题和学习要点' b8 I5 L! h; ~# q ?4 [. y
Learning Outcome Statements (LOS) * ]% @$ V+ c- L
a Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly; 5 K0 V: P: B1 k9 _8 C
b Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure; 5 v1 k- v9 d/ k8 Z4 _
c Describe the firm’s supply function under each market structure; / i4 P4 t+ z$ L& o2 W0 i! O
d Describe and determine the optimal price and output for firms under each market structure;
2 B# c- d' i3 c i/ Z$ ?; g! Te Explain factors affecting long-run equilibrium under each market structure; , G* |$ B" I# U8 ~, d' X6 A; l' Y
f Describe pricing strategy under each market structure; + `7 @7 F# d0 |0 w0 n3 T
g Describe the use and limitations of concentration measures in identifying; % B/ a8 Q6 a# U# X" S! `
h Identify the type of market structure a firm is operating within;5 W$ G2 M ?" M0 m1 i+ u
. |$ N' a6 A9 K4 R, ^! a- N1. 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 Z8 {1 C0 H# d; ~ NA. an oligopoly
& c+ E/ J$ P# ?2 i# O: v. TB. perfect competition . f1 D( T" e- }1 F; u5 B: @9 J' S
C. monopolistic competition
. i' n4 h3 k1 Q& x登录回复后可见:答案和详解+ H+ C6 u2 X( E
# i6 f, Q2 |7 q+ M2 W! A9 t
Answer:B
6 g' j' x+ d9 t% z% u4 ] Q
0 Y$ l( y$ E' |2 {4 k" n7 R; g" s3 O
! N: v* G' j- S/ @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:
+ H, N6 z, k) XA. a monopoly
; o9 a9 q% R( `3 s9 \- q# M% `1 AB. perfect competition
6 ~, Q2 @) _8 AC. monopolistic competition
2 K q/ e4 o, G9 b
9 C- k7 l; J5 W" c
% c7 w2 n4 i/ N3. The least likely reason why a firm in perfect competition is a price taker is because:2 {) ~ H/ b# ^" J
A. buyers are well informed about prices of other firms 4 P& V) \# n# E' _& }
B. it can set its product’s price at or above the market price
* D6 i4 H1 H4 ?, XC. it produces a very small portion of the total output of a particular good % ?; {/ |! e' Q$ q `
% x$ N+ k+ D4 T/ m+ @+ {( u
* ?' V G0 v8 V1 r$ I1 y$ t4. For a firm in perfect competition, as output increases the marginal revenue will most likely:
$ ^; k) Z- W' WA. increase
/ V3 l& D0 U y( Z9 W+ RB. decrease
( c. `& F# b8 QC. remain constant
4 m# M; H7 ^1 D( {1 E* U( i2 l. M Q5 L2 k% ]
3 u. I$ Z4 g/ R& G3 Q/ @0 d6 K
5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus: . a7 b r* q3 b7 k O
A. increase
5 ~6 t9 I$ ^% p. U$ p- _B. decrease ! n6 O7 J' }' G. `0 j5 R- j, L
C. is eliminated
3 D% Z; q6 t" ^8 x& n
& D6 I2 W* s2 f: g3 i2 ]& G y+ o/ J
更多CFA习题可关注:高顿CFA题库.( u- l* N2 t1 Y, z& w/ v
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!' I9 a4 p! E6 U
7 T' E/ w- l- g* d; M |
|