新用戶掃碼下載
掃碼下載APP
及時接收最新考試資訊及
備考信息
2016年美國CPA模擬試題：Business（7）
In order to sell at the rate of output in markets controlled by monopolists, price is set where：
a. Marginal revenue equals average total cost.
b. Price equals average total cost.
c. Price equals marginal cost.
d. Marginal revenue equals marginal cost.
答案：D
Explanation
Choice “d” is correct. No matter which model is representative of the industry in which the firm operates, the firm will maximize profits by producing at MR = MC. In order to sell at the rate of output in markets controlled by monopolists, the price is set where marginal revenue equals marginal cost. The monopolist's price will be higher than MR resulting in large profits.
Choice “c” is incorrect. Price exceeds both MR and MC.
Choices “a” and “b” are incorrect, which are far-out distractors.
【我要糾錯】 責(zé)任編輯：小瑩子
推薦閱讀
限時免費資料
-
思維導(dǎo)圖
-
學(xué)習(xí)計劃
-
科目特點
-
報考指南
-
歷年樣卷
-
財會英語
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號