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QUOTE:
以下是引用uareme在2008-6-10 23:13:00的发言:

monopolistic competition---price searcher, yes

perfect competition---price taker, no

BearBee, may i know wt the questions is asking about ?

Thanks!

just like what you recalled, it's about the price control, i don't remember the exact question. the question asks whether in the following forms of markets the companies have any power to determine the prices of their products 

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monopolistic competition---price searcher, yes

perfect competition---price taker, no

BearBee, may i know wt the questions is asking about ?

Thanks!

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=1.496078E-48

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墨尔本考,上下午感觉难度相当,比Mock简单很多,和sample差不多难度。 很多题都不用转弯,直接套数字就行了...什么么唉

上午一个半小时做完,下午的也用了差不多的时间。 反正都检查了一遍,然后正好3个小时用完:)

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应该是选B:intrinic value

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what is the lower bound for american put before expiration-----should be intrinsic value max(0,X-S)

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QUOTE:
以下是引用123oui在2008-6-9 3:36:00的发言:

第二题,是问american put的下线可能是greater than 0 or ____
理论答案是min(0,X-S),可选答案是
a.0
b instrinic value
c ex price minus present value of stock price
d stock price mnus ex price

 i think d. was stock price minus the PRESENT VALUE of ex price.

so the answer should be b. INTRINSIC VALUE.

did anyone remember this question?

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monopolistic competition---price searcher, yes

perfect competition---price taker, no

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上午觉得简单的是属于准备比较充分的考生,因为上午的概念题占大多数,且多为边边角角的,不太引起注意.下午的风格嘛,就完全不一样,个人感觉!

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I found it hard to recall a question about

monopolistic competition(Yes/No) and perfect competition(Yes/No)

is it about price control?

Would someone help Me please?

Thanks!

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