标题: 2008 CFA Level 1 － Sample 样题(3)－Q30 [打印本页]
作者: 3975 时间: 2008-11-5 16:55 标题: 2008 CFA Level 1 － Sample 样题(3)－Q30
30、As compared with acting independently, a group of oligopolistic companies operating with perfect cooperation will most likely experience an increase in:
A. both output and prices.
B. neither output nor prices.
C. output and a decrease in prices.
D. prices and a decrease in output.
作者: 3975 时间: 2008-11-5 16:56
答案和详解如下：
30、Correct answer is D
"Monopolistic Competition and Oligopoly," Michael Parkin
2008 Modular Level I, Vol. 2, pp. 228-230
Study Session 5-20-b
determine the profit-maximizing (loss-minimizing) output under monopolistic competition and oligopoly, explain why long-run economic profit under monopolistic competition is zero, and determine if monopolistic competition is efficient
As the companies agree to restrict output, market price will rise above average total cost and joint economic profits will accrue.
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