1、Microsoft is a/an ___ in Windows operating system.
A、monopoly
B、competitive firm
C、oligopoly
D、monopsony
2、Monopoly is ___.
A、price taker
B、price maker
C、quantity taker
D、quantity maker
3、Monopoly maximizes its profit mainly rely on its ___.
A、supply curve
B、demand curve
C、cost curve
D、demand curve and cost curve
4、When monopolistic profit has been maximized, its marginal cost is ___ than its marginal revenue.
A、bigger
B、smaller
C、equal to
D、all above options are
5、Deadweight loss of monopoly is ___.
A、good for consumers
B、bad for producer
C、good for the society
D、bad for the society
6、For a monopolist who faces a downward sloping demand curve, marginal revenue is less than price whenever quantity sold is positive.
A、对
B、错
7、Monopoly is ___.
A、price taker
B、price maker
C、quantity taker
D、quantity maker
8、Monopoly maximizes its profit mainly rely on its ___.
A、supply curve
B、demand curve
C、cost curve
D、demand curve and cost curve
9、When monopolistic profit has been maximized, its marginal cost is ___ than its marginal revenue.
A、bigger
B、smaller
C、equal to
D、all above options are possible
10、Deadweight loss of monopoly is ___.
A、good for consumers
B、bad for producer
C、good for the society
D、bad for the society
