|
|
本帖最后由 一起学CFA 于 2016-1-26 10:28 编辑
( o* s6 e5 h2 d) X$ E1 n. K8 j0 X; }: y( p2 L
CFA Level I：Economics - The Firm and Market Structures 精选题和学习要点9 @9 t: y& b. K6 R8 p4 o
Learning Outcome Statements (LOS)
" Q v0 U7 K: ^0 Ka Describe the characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly; . m1 j9 ?) R n0 O; ^4 L+ T
b Explain the relationships between price, marginal revenue, marginal cost, economic profit, and the elasticity of demand under each market structure; % b5 n# {+ W r+ @
c Describe the firm’s supply function under each market structure;
2 h/ D+ ], U1 N. a; e/ vd Describe and determine the optimal price and output for firms under each market structure;. Y; c& o2 B+ _! T
e Explain factors affecting long-run equilibrium under each market structure;
7 c u, B x& }5 t% D- l5 If Describe pricing strategy under each market structure;
- c5 a4 f9 r" c% _g Describe the use and limitations of concentration measures in identifying; : b: R2 {( Z3 f* q5 ~/ I6 D7 Q
h Identify the type of market structure a firm is operating within;# n. U& S& C7 e- ]" u6 a4 `* m9 Y
+ p+ a2 z$ Y3 k5 L# D& R- G1. 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: 9 O, N7 W( V3 r
A. an oligopoly
3 U7 Q H- e [4 W: KB. perfect competition + o; ?4 ?0 ^, x- Z9 y7 t2 i
C. monopolistic competition 9 d* D& m! |5 `2 _: Y! f/ F
登录回复后可见：答案和详解( h7 s! O) {0 [3 C6 z
/ `9 V$ w- |; p; a- w) v
Answer：B j# y) S) P/ o6 o% H, q
* G8 H2 C0 _: |( I7 G& h# U# O
, O' b! s" D6 u' j) U* k
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: 1 I" R0 Y1 Q8 `2 r
A. a monopoly ' I, Z- C* } w5 C, W
B. perfect competition " m5 z Z3 C! K$ R. \+ P% v [( _
C. monopolistic competition " I4 i+ N: L1 V# S
" ?8 W3 C C U1 b
( g+ ?: \1 s( @3. The least likely reason why a firm in perfect competition is a price taker is because:" P2 G0 ]: [6 [- C: }
A. buyers are well informed about prices of other firms
& C" ] s! b& aB. it can set its product’s price at or above the market price : N0 j9 S6 |( T) k3 v' k) O
C. it produces a very small portion of the total output of a particular good
! F% H1 P; W% c+ {9 A$ k& Q6 o/ |
2 o5 r) G% ^0 ^# U1 l" J
9 e9 p" B7 D, M5 T4. For a firm in perfect competition, as output increases the marginal revenue will most likely:
6 b: Z. N. |+ v: qA. increase
- ~3 R; E2 E5 w& f' zB. decrease 3 z) e, y5 P6 x) |/ M
C. remain constant 1 T) ? {3 V! I
9 W# ?' E! U$ J; W. @" P2 a
7 c% J# y5 h6 y8 a
5. First degree price discrimination is best described as pricing that allows producers to increase their economic profit while consumer surplus:
3 ?% V1 G) Q: w% e6 E2 ~" I! h; @A. increase ) M, l4 b" P* n: N* G
B. decrease 1 z$ x2 {& ^: Z4 U$ `* _6 S: m9 X
C. is eliminated 3 f* @5 |( ~7 O2 D; T/ F
Z: j' H3 |$ d# F# C* Q! P, M5 r
3 n/ J! l! P7 k7 h: M/ Q' h" t
更多CFA习题可关注：高顿CFA题库.! v5 Z8 ]2 h4 w: b3 C6 X& ~% M2 \
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！
* m% z& a, T' f7 u6 m2 U8 s8 K1 ?. y5 s2 z8 O
|
|
[复制链接]
发表于 2016-1-26 10:26:52
发表于 2016-3-8 09:41:38
