|
|
本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑 % E8 o6 w1 `, H
+ R. v+ h: J0 V9 [% O) O0 SCFA Level I：Economics - The Firm and Market Structures 精选题和学习要点
. ?5 }# N" \1 MLearning Outcome Statements (LOS) ; l9 @7 R& m+ l \$ o
a Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly;
. P4 Y, P2 n H wb Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure; ' I7 E# L7 M+ P& u5 A
c Describe the firm’s supply function under each market structure; 1 M# Q; y4 a# f) | P: z
d Describe and determine the optimal price and output for firms under each market structure;# U9 w# }8 W$ T" _
e Explain factors affecting long-run equilibrium under each market structure;
6 Y3 Q$ V/ N# B+ l% I i, ef Describe pricing strategy under each market structure; 4 O$ d2 I2 {4 W! g+ b
g Describe the use and limitations of concentration measures in identifying; - n$ _0 d7 m" G; I
h Identify the type of market structure a firm is operating within;
) a: D! A7 p! F b3 s u/ P, A2 W/ a, v/ O3 _& v% |7 I
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: 7 I( P: F4 _+ O2 |) @1 v8 z
A. an oligopoly 1 {! d4 A9 }# l z
B. perfect competition
1 _( ?% d( n7 I! U5 y2 b& xC. monopolistic competition ! G. P. A8 u, B& N7 u0 v
登录回复后可见：答案和详解5 h8 N7 ~" C* j |0 s6 m
" j% S, z1 } i( y! _ n7 @8 j
Answer：B+ o1 v+ O8 s+ z) B
/ I. _% q: e* g9 ]+ I
' D% x" D j8 v3 \. J! Z2. 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:
6 G. X7 u4 R1 YA. a monopoly ' p% F7 l% k3 l4 C) \0 p* b
B. perfect competition . v* S' }0 J0 D$ H
C. monopolistic competition 9 L. C+ ]& V. p" b, X
. ^# z" e3 o( ~ k8 }( O
: ], ]$ s4 U: S
3. The least likely reason why a firm in perfect competition is a price taker is because: ^9 V4 f# U3 b" [7 u! w6 Y
A. buyers are well informed about prices of other firms
& d2 E$ [( m2 h1 ^* s" mB. it can set its product’s price at or above the market price
6 E9 K, l) G& o' wC. it produces a very small portion of the total output of a particular good ( Q- c' I+ E) G. W
* `2 N$ v& {7 |+ V
3 m: B Q, U+ R4. For a firm in perfect competition, as output increases the marginal revenue will most likely:
# P7 P# B% U# y0 n, f: [! s. FA. increase
/ ~2 P6 E4 }' g! G7 V- tB. decrease % J* {/ T: W: W
C. remain constant 4 a1 K0 [7 L$ E* a
8 n% z7 P% _& D
( U+ G6 f: T! t: [6 H2 w% J5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus: $ B- s0 ]. t! J( m3 s V- P
A. increase * a; _+ e5 D- X/ c) I2 `; S
B. decrease
% S- j: C3 a$ C6 l# ]) f$ LC. is eliminated . d6 \6 W: g R: A! y
5 H9 }# x2 {& P8 [4 g" N
# b" B) F. W1 B2 p更多CFA习题可关注：高顿CFA题库.% k! O+ K2 N% [" W' V8 H: ^2 H1 w
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！+ S& Z$ r9 h$ Z [
! u+ v% x' U& J' X$ D |
|
[复制链接]
发表于 2016-1-26 10:26:52
发表于 2016-3-8 09:41:38
