|
|
本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑
6 n, s4 m/ M: L- j1 u) |# l4 H2 J6 m3 _1 |$ h: A
CFA Level I:Economics - The Firm and Market Structures 精选题和学习要点: d L$ I2 x; z
Learning Outcome Statements (LOS) 2 N' Q+ z/ ?% o5 i9 f
a Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly;
1 T4 V [! B; F- d6 O2 O# |b Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure; - B b/ L; N m0 C# v
c Describe the firm’s supply function under each market structure; 8 P4 s- w- v- k
d Describe and determine the optimal price and output for firms under each market structure;
& G; R) i4 s' h- @e Explain factors affecting long-run equilibrium under each market structure;
+ o+ {8 T) n& i$ m/ c( G: gf Describe pricing strategy under each market structure;
% g1 w0 q0 j+ f' x0 Q2 d# r- Dg Describe the use and limitations of concentration measures in identifying;
$ h# d7 |2 h8 ~1 D7 V% xh Identify the type of market structure a firm is operating within;
' n+ U' A) a! C' d; _' q: z$ b3 S. p1 ~
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:
' |. a; C) G; T% o3 N( fA. an oligopoly 4 Z/ s: ]3 A6 g' g7 J# Z+ o/ T1 e. N
B. perfect competition ; ~2 x7 ?) `1 R3 i; Q7 ?" |: G
C. monopolistic competition ' u$ q6 k" i$ j0 B( @* W! f
登录回复后可见:答案和详解& {7 x( }( T* U7 {3 W
# ?$ D! @/ Z0 @( l$ Y8 S: B
Answer:B& Y! N. l, _8 c6 g: E3 O) W
6 w8 C- O5 e! |7 h' j/ W4 f
, ]6 G' J6 \0 W: A4 _1 \5 I& k2. 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:
8 R1 ~6 a9 v4 o$ uA. a monopoly . F. R/ u2 ^, K
B. perfect competition
- q0 y0 p$ q% K" EC. monopolistic competition 7 q( ~5 o0 l. ]/ ?/ v3 Z/ G3 u
, S$ F: G0 z! P2 z- h
% I- j9 Q% }' U( M" k) y3. The least likely reason why a firm in perfect competition is a price taker is because:6 s# Q7 @6 _+ w _
A. buyers are well informed about prices of other firms
1 I' O3 I. y3 x) `B. it can set its product’s price at or above the market price
0 L2 h2 H" V6 G* ?) h2 n8 tC. it produces a very small portion of the total output of a particular good ! o; x1 J* I- d' D; K0 s
4 W2 q2 W. n; h9 l* X8 m) l K( C3 l
' d: f) @3 }4 k1 E) @4. For a firm in perfect competition, as output increases the marginal revenue will most likely:% Y* [; @; t, M- U' b4 c! r; z v* o
A. increase
2 t, d/ I5 R4 P& n- N' XB. decrease 3 Y9 M" I* \! ~' T% E3 z$ p; J
C. remain constant
1 \2 U" o+ |, ~5 G" ?' B3 h# n
3 N( S% S, ]) w0 l0 @4 o
. w) Q$ A, G# _, [/ A) |5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus:
x8 ?: K; z! g. [% ^6 GA. increase
9 ?5 O0 ?1 k& u8 V9 WB. decrease
1 t V: L/ n4 `4 aC. is eliminated . b% X7 \, x. T6 v$ C
; z: j: m H d2 n p. M# [' E' K# ^7 j
更多CFA习题可关注:高顿CFA题库.
$ I8 A0 O- u6 K. c( O1 @5 R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!$ p0 ~1 F( j9 W; x
( S0 K0 o1 h) I* i& N# d |
|