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[单选题]

【单选题】Refer to Figure 9.5. This farmer would earn zero economic profit if price was:【单选题】Refer to Figure 9.5. This farmer would earn z

A.$7.

B.$9.

C.$10.

D.$11.

提问人:网友xkgo51 发布时间:2022-01-07
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更多“【单选题】Refer to Figure 9.5. This…”相关的问题
第1题
in America can help farmers track farm operations, market information, and find the best places to plant and fertilize crops, adjusting their agricultural production and sales strategy, effectively reducing the risk of blind operation.

A、Mechanization technology

B、Biotechnology

C、Information technology

D、Irrigation technology

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第2题
【单选题】Refer to Figure 9.6. At a market price of $20, this perfectly competitive profit maximizing firm should produce approximately ________ units.

A、30

B、35

C、40

D、45

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第3题
Which type of barrier to entry allows the electric company to maintain a monopoly over the production of electricity?

A、a patent

B、economies of scale

C、diseconomies of scale

D、ownership of a scarce factor of production

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第4题
In a monopoly, the market demand curve is:

A、the same as the demand curve facing the firm.

B、the summation of all the individual firm's demand curves.

C、nonexistent.

D、the marginal cost curve above minimum average variable cost.

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第5题
Assume a non-price discriminating monopolist can sell 20 units of a good for 4.00 each and can sell 21 units of that good for $ 3.85 each. The marginal revenue of the 21st unit is:

A、$85.

B、$ -85.

C、$ .85.

D、$ -.85.

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第6题
A monopolist can:

A、sell as much as he wants at the chosen price since he is the only seller.

B、increase price only if he is willing to reduce output sold.

C、increase the price of his output and still sell the same quantity.

D、increase the price of his output and the quantity sold at the same time.

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