《Sec 17.2 MC The Economics of Cooperation》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、1. Whenfirmsarefacedwithmakingstrategicchoicestomaximizeprofit,economiststypicallyuse a. thetheoryofmonopolytomodeltheirbehavior. b. thetheoryofaggressivecompetitiontomodeltheirbehavior. c. gametheorytomodeltheirbehavior. d. carteltheorytomodeltheirbehavior.ANSWER:
2、 cDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.094-Examinethebehaviorofoligopolists.TOPICS: GametheoryKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.17.2-MC-MANK082. Whenstrategicinteractionsareimportanttopricingandproductiondecisions,atypicalfirmwill a. set
3、thepriceofitsproductequaltomarginalcost. b. considerhowcompetingfirmsmightrespondtoitsactions. c. generallyoperateasifitisamonopolist. d. considerexitingthemarket.ANSWER: bDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.012-Applybasic,economicprinciplesofindi
4、vidualdecisionmakingthatdeterminehowaneconomygenerallyworks.TOPICS: GametheoryKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 002.17.2-MC-MANK083. Gametheoryisimportantfortheunderstandingof a. competitivemarkets. b. monopolies. c. oligopolies. d. allmarketstructures.A
5、NSWER: cDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.094-Examinethebehaviorofoligopolists.TOPICS: GametheoryKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 003.17.2-MC-MANK084. Gametheoryisnecessaryforunderstanding a. allmarketstructures. b. competitionandoligopo
6、ly,butitisnotnecessaryforunderstandingmonopoly. c. monopolyandoligopoly,butitisnotnecessaryforunderstandingcompetition. d. oligopoly,butitisnotnecessaryforunderstandingmonopolyorcompetition.ANSWER: dDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.094-Examinethebe
7、haviorofoligopolists.TOPICS: GametheoryCopyrightCengageLearning.PoweredbyCognero.Page 59KEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 004.17.2-MC-MANK085. Theprisoners'dilemmaprovidesinsightsintothe a. difficultyofmaintainingcooperation. b. benefitsofavoidingcoopera
8、tion. c. benefitsofgovernmentownershipofmonopoly. d. easewithwhicholigopolyfirmsmaintainhighprices.ANSWER: aDIFFICULTY: ModerateLEARNING OBJECT