题目内容（请给出正确答案）

[主观题]

Monopolistically competitive firms, like monopoly firms, maximize their profits by charging a price that exceeds marginal cost.

提问人：网友darkhawk 发布时间：2022-01-07

参考答案

查看官方参考答案

如搜索结果不匹配，请联系老师获取答案

您可能会需要：

重置密码查看订单联系客服

安装简答题APP，拍照搜题省时又省心！

更多“Monopolistically competitive f…”相关的问题

第1题

The American economic system is organized around a basically private-enterprise, market oriented economy in which consumers largely determine what shall be produced by spending their money in the marketplace for those goods and services that they want most. Private businessmen, striving to make their profits, produce these goods and services in competition with other businessmen: and the profit motive, operating under competitive pressures, largely determines how these goods and services are produced. Thus, in the American economic system it is the demand of individual consumers, coupled with the desire of businessmen to maximize profits and the desire of individuals to maximize their incomes, that together determine what shall be produced and how resources are used to produce it.

An important factor in a market-oriented economy is the mechanism by which consumer demands can be expressed and responded to by producers. In the American economy, this mechanism is provided by a price system, a process in which prices rise and fall in response to relative demands of consumers and supplies offered by seller-producers. If the product is in short supply relative to the demand, the price will be a bit up and some consumers will be eliminated from the market. If, on the other hand, producing more of a commodity results in reducing its cost, this will tend to increase the supply offered by seller-producers, which in turn will lower the price and permit more consumers to buy the product. Thus, price is the regulating mechanism in the American economic system.

The important factor in a private-oriented economy is that individuals are allowed to own productive resources (private property), and they are permitted to hire labor, gain control over natural resources, and produce goods and services for sale at a profit. In the American economy, the concept of private property embraces not only the ownership of productive resources but also certain rights, including the right to determine the price of a product or to make a free contract with another private individual.

In Line 9, Para.1, "the desire of individuals to maximize their incomes" means ______.

A．Americans are never satisfied with their incomes

B．Americans tend to overstate their incomes

C．Americans want to have their incomes increased

D．Americans want to increase the purchasing power of their incomes

点击查看答案

第2题

For monopolistically competitive firms in long-run equilibrium:

A、the demand curve must intersect average total cost at its minimum.

B、the demand curve must be tangent to the average total cost curve at its minimum.

C、at the profit-maximizing quantity, the demand curve must intersect the average total cost curve quan

D、at the profit-maximizing quantity, the demand curve must be tangent to the average total cost curve.

点击查看答案

第3题

Capital budgeting decisions are used to determine how to raise the cash necessary for investments.

点击查看答案

第4题

A company’s gross profit as a percentage of sales increased from 24% in the year ended 31 December 20X1 to 27% in the year ended 31 December 20X2. Which of the following events is most likely to have caused the increase?

A、An increase in sales volume

B、A purchase in December 20X1 mistakenly being recorded as happening in January 20X2

C、Overstatement of the closing inventory at 31 December 20X1

D、Understatement of the closing inventory at 31 December 20X1

点击查看答案

第5题

Can anyone compete with Microsoft in the world of software applications？ For years now, Bill Gates & Co. have had clear sailing: the Windows operating system monopoly has helped make their key products—like Word and Outlook—into unbeatable juggernauts. Meanwhile, innovation in those areas proceeds only at the pace that Microsoft deems appropriate.

The Open Source Applications Foundation has a different idea: to promote free software and innovation by creating cool new applications on a bare-bones budget. The not-for-profit OSAF was initially funded with $5 million from former Lotus Development Corp. founder Mitch Kapor. For Kapor, this is a fascinating departure. Twenty years ago he introduced one of the first killer applications of the PC age, the Lotus 1-2-3 spreadsheet; it was unabashedly for-profit and was closed-source.

But Kapor always had his heart in the counterculture, and after leaving his company he co-founded the Electronic Frontier Foundation, a cyber-rights organization. Though he has seen success as an investor, he feels strongly about the open-source movement, which posits that in the age of complex software many people working for nothing can duplicate or even exceed the efforts of the rake-in-the-bucks gang. And because the source code is available to all, anyone can improve the product. The continued success of the Linux-powered operating system and Apache Web servers shows that open source is no wild dream, but a serious challenge to the establishment.

Sometime next year the OSAF will begin testing its first product, a personal-information manager that directly takes on Microsoft's Outlook. Named after the famous mystery novelist, Chandler will run on Mac, Windows and Linux, be loaded with clever features and allow users to share information with others on things like calendar entries. And, of course, it will be free. Kapor has signed up an all-star team, including Lou Montulli (Netscape Navigator browser) and programming legend Andy Hertzfeld. Also participating: thousands of volunteers who believe in the barn-raising spirit of the open-source movement.

Ultimately, Kapor hopes the project will be self-supporting, with money coming from corporate sponsorships, foundations and licensing fees.

For the immediate future, Kapor thinks that Chandler will be simply another alternative in the shadow of the giant. But long term, the OSAF sees a sea change in the industry itself. "If Chandler works, I can't see why we couldn't do a word processor or a spreadsheet," says Kapor. After all, he predicts, "in 10 years Office and Windows will be commodities." Meaning that the Open Source Applications Foundation, or anyone else, will be able to plug its products—including an operating sys tem-into your computing world. Microsoft's will cost money. The others will be free. If Kapor has his way, it's a long good-bye for Microsoft's dominance.

Microsoft company in the software world

A．has taken a firm monopoly.

B．controlled all the innovation.

C．has no competitors.

D．developed the best software.

点击查看答案

第6题

When there is accrued expenditure, the profit will be increased.

点击查看答案

第7题

Monopolistic competition and monopoly are examples of a market structure called imperfect competition.

点击查看答案