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Icey · 2024年01月18日

没看懂答案

NO.PZ2023071902000037

问题如下:

QuestionIf a firm encounters numerous competitors, a downward-sloping demand curve for its products, and zero economic profits in the long run, which characteristic is it least likely to possess?

选项:

A.No pricing power

B.Low barriers to entry

C.Differentiated product

解释:

Solution
  1. In the context of monopolistic competition, firms encounter many competitors and generally have limited pricing power due to the downward-sloping demand curve. While they may offer differentiated products through advertising and non-price strategies, they still maintain some level of pricing power. However, the ease of entry into the market results in zero economic profits in the long run

  2. Incorrect. "Low barriers to entry"&"Product differentiation" are characteristics of monopolistic competition.
    The Firm and Market Structures

    • describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly

    题目也没说是monopolistic啊

    2 个答案

    Chinazdk · 2024年02月06日

    不是说这部分删除不考了吗?

    笛子_品职助教 · 2024年01月19日

    嗨,从没放弃的小努力你好:


    题目也没说是monopolistic啊

    Hello,亲爱的同学~

    这是一道名词术语识别题。

    名词术语识别题是指,给出几个特征,识别出这个特征对应的名词术语。


    题目解题思路如下:

    1)题目会已知几个特征

    2)同学根据题目给定的特征,联系知识点,识别出这几个特征对应什么名词。

    3)同学识别出名词后,再找出这个名词上有的其他特征。


    结合本题:

    本题先给出几个特征: numerous competitors、 a downward-sloping demand curve for its products、zero economic profits in the long run。

    通过给定的这几个特征,联系我们学过的各个市场有什么特点的知识点,我们会识别出,这是一个垄断竞争市场。


    识别出垄断竞争市场后,我们再选择,垄断市场还具有什么特征,不具备什么特征。


    所以,题目不会直接说的垄断竞争,需要同学根据题目提供的特征,判断出这是垄断竞争。





    ----------------------------------------------
    就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

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