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（9）
In markets that are imperfectly competitive, such as monopoly and monopolistic competition, firms produce at an output where：
a. Marginal cost equals marginal revenue.
b. Average costs are minimized.
c. Price equals average cost.
d. Price equals marginal cost.
答案A
Explanation
Choice “a” is correct. Firms produce up to the point where marginal cost equals marginal revenue, whether the markets are perfectly competitive or imperfectly competitive.
Choice “d” is incorrect. The relevant comparison to marginal cost is marginal revenue, not price. It is assumed that revenue is not fixed on a unit basis.
Choice “b” is incorrect. Beyond the point of average costs being minimized, marginal cost will rise. Still, it will make sense to increase production until marginal cost equals marginal revenue.
Choice “c” is incorrect. Marginal revenue, not price, as revenue is assumed to vary on a per unit basis, and not average cost, since it will increase profits to expand production until marginal revenue equals marginal cost.
【我要糾錯】 責(zé)任編輯：小瑩子
推薦閱讀
限時免費(fèi)資料
-
思維導(dǎo)圖
-
學(xué)習(xí)計劃
-
科目特點(diǎn)
-
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