题目
题目
单项选择题

A perfectly competitive firm is said to be more efficient than a monopoly firm because

选项
A.a. perfectly competitive firms are faced with a less elastic demand curve than monopoly firms.
B.b. perfectly competitive firms produce more differentiated products than monopoly firms.
C.c. perfectly competitive firms charge lower prices and produce more output than monopoly firms.
D.d. perfectly competitive firms require their workers to work longer hours than monopoly firms.
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标准答案
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思路分析
The question asks why a perfectly competitive firm is said to be more efficient than a monopoly firm. Option a: 'perfectly competitive firms are faced with a less elastic demand curve than monopoly firms.' In perfect competition, individual firms face a perfectly elastic (horizontal) demand curve at the market price, not a less elastic one. Monopolies face a downward-sloping demand curve for t......Login to view full explanation

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