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（10）
An industry that is oligopolistic would be best characterized by：
a. Significant barriers to entry.
b. One firm selling a product with no close substitutes.
c. The absence of significant economies of scale.
d. Horizontal or flat demand curves for the output of individual firms.
答案A
Explanation
Choice “a” is correct. Oligopoly market conditions are characterized by：
·Few firms in the market
·Significant barriers to entry
·Differentiated products
·Fixed （or semi fixed） prices
·Kinked demand curves
Choice “b” is incorrect. This is an example of monopoly.
Choice “d” is incorrect. Horizontal demand curves represent demand that is perfectly price elastic （buyers will only pay one price for any quantity of a product）. This occurs in perfectly competitive markets.
Choice “c” is incorrect. This is characteristic of perfect competition, as there are no barriers to entry （“size doesn't matter”） in perfect competition.
【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