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The short-run total cost is always not less than the long-run total
cost ( )
发布时间:
2024-06-04 01:35:25
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相关试题
1.
When comparing short-run average total cost with long-run average total cost at a given level of output, 选项:A、short-run average total cost is typically above long-run average total cost. B、short-run average total cost is typically the same as long-run average total cost. C、short-run average total cost is typically below long-run average total cost. D、the relationship between short-run and long-run average total cost follows no clear pattern.
2.
Diseconomies of scale definitely means that as the firm increases its output, its 选项: A、long-run average total cost increases. B、long-run average total cost decreases. C、short-run average total cost increases. D、short-run average total cost decreases.
3.
When a firm is experiencing diseconomies of scale, long-run c. average total cost is less than long-run marginal cost. 选项: A、正确 B、错误
4.
As quantity increases, which of the following must be true if average total costs are rising? A: Marginal cost must be greater than average total cost B: Average fixed cost must be less than average variable cost C: Marginal cost must be less than average total cost D: Average fixed cost must be increasing
5.
A firm's long-run average cost curve is derived by adding together its short-run average total cost curves.
6.
In which of the following perfect competition situations will a firm shut down in the long run? 选项: A: The average revenue is greater than the average variable cost but less than the average total cost. B: The average revenue is less than the average variable cost but greater than the average total cost. C: The average revenue is greater than the average variable cost and the average total cost.
7.
When marginal cost is less than average total cost, 选项: A、marginal cost must be falling. B、 average variable cost must be falling. C、 average total cost is falling. D、 average total cost is rising.
8.
Resource use is allocatively efficient if the ( ) 选项: A、total cost of what the resource produces is less than the total
benefit of what is produced. B、total cost of what the resource produces is equal to the total
benefit of what is produced. C、marginal benefit of what the resource produces has diminished to
zero. D、marginal cost of what the resource produces is equal to the marginal
benefit of what is produced.
9.
The principle by which cartels maximize profits is ( )选项: A:Total cost is equal to total revenue B:Average cost is equal to average revenue C:Marginal cost is equal to marginal benefit D:The marginal cost is less than the marginal benefit
10.
In a short-run production process, the marginal cost is rising and the average total cost is falling as output is increased. Thus, marginal cost is: 选项: A:below average total cost. B:above average total cost. C:between the average variable and average total cost curves. D:below average fixed cost.
11.
.
A competitive firm’s short-run supply curve is its ___________
cost curve above its ___________ cost curve. (
) 选项: A、average total, marginal B、average variable, marginal C、marginal, average total D、marginal, average variable
12.
Which
costs will change with a decrease in activity within the relevant
range? ( ) 选项: A、Total fixed costs and total variable cost. B、Unit fixed costs and total variable cost. C、Unit variable cost and unit fixed cost. D、Unit fixed cost and total fixed cost.
13.
A monopoly’s marginal cost will likely 选项: A: exceed its marginal revenue. B: equal average total cost. C: be less than average fixed cost. D: be less than the market price of its goods.
14.
All of the following curves are U-shaped, except the: 选项: A: long-run average total cost. B: average total cost. C: average variable cost. D: average fixed cost.
15.
A profit-maximizing firm will shut down in the short run when 选项: A、price is less than average variable cost. B、price is less than average total cost. C、average revenue is greater marginal cost. D、average revenue is greater than average fixed cost.
16.
Which costs will change with a decrease in activity within the
relevant range?( ) 选项: A、Total fixed costs and total variable cost. B、Unit fixed costs and total variable cost. C、Unit variable cost and unit fixed cost. D、Unit fixed cost and total fixed cost.
17.
If marginal cost is greater than average total cost then ( )选项: A:profits are increasing.; B:economies of scale are becoming greater.; C:average total cost remains constant.; D:average total cost is increasing.
18.
Resource use is allocatively efficient if the 选项: A、total cost of what the resource produces is less than the total benefit of what is produced. B、total cost of what the resource produces is equal to the total benefit of what is produced. C、marginal benefit of what the resource produces has diminished to zero. D、marginal cost of what the resource produces is equal to the marginal benefit of what is produced.
19.
In the short run, the profit-maximizing firm will ________. 选项: A、break even if marginal revenue equals marginal cost B、make an economic profit if marginal cost is less than average total cost C、C. incur an economic loss if average fixed cost exceeds marginal revenue D、incur an economic loss if average total cost exceeds marginal revenue
20.
If a good is capital intensive it means that the good is produced ___________. 选项: A、using capital as the only input. B、using capital such that the cost of capital is more than 50% of total cost. C、using capital such that the total cost of capital is greater than the total cost of labor. D、using relatively more capital than goods that are not labor intensive.
21.
In the short-run, a firm's supply curve is equal to the 选项: A:Marginal cost curve above its average variable cost curve. B:Marginal cost curve above its average total cost curve. C:Average variable cost curve above its marginal cost curve. D:Average total cost curve above its marginal cost curve. E:Average variable cost curve below its average total cost curve.
22.
In the long-run, a firm in monopolistic competition has 选项: A、a price that exceeds its average total cost. B、a price that exceeds its marginal cost. C、an average total cost that exceeds its price. D、a marginal cost that exceeds its price.
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