问题如下:
An agricultural firm operating in a perfectly competitive market supplies wheat to manufacturers of consumer food products and animal feeds. If the firm were able to expand its production and unit sales by 10% the most likely result would be:
选项:
A. a 10% increase in total revenue.
B. a 10% increase in average revenue.
C. an increase in total revenue of less than 10%.
解释:
A is correct.
In a perfectly competitive market, an increase in supply by a single firm will not affect price. Therefore, an increase in units sold by the firm will be matched proportionately by an increase in revenue.
考点:完全竞争市场下厂商的总收入
解析:在完全竞争的市场条件下,P=MR
虽然题目中的厂商把单位售价提高10%,但是农场品市场是完全竞争市场,厂家只是价格的被动接受者。最后该厂商只能以原来价格卖出产品。但是产量增加了10%,所以总收入增加了10%。B,C选项说法都不对。
expand unit sales是提高价格的意思吗?