今天给大家带来的每日一练，是来自ACCA考试模拟题：记得做完在下拉看答案哦~

　　【ACCA选择题】

　　第一题：The supply curve of a firm operating in a competitive market is its

　　A Marginal cost curve above the average variable cost curve

　　B Marginal cost curve above the average total cost curve

　　C Average total cost curve beyond the point where the marginal cost curve cuts it from below

　　D Average variable cost curve below the average revenue curve(2 marks)

　　第二题：A legal minimum price is set which is below the equilibrium price.What will be the impact of this?

　　A Excess of demand over supply

　　B Excess of supply over demand

　　C Nothing
　　第一题：【A】解析：Rationale:The supply curve for a perfectly competitive firm is its marginal cost curve above the average variable cost curve.The firm will not continue to produce if price is less than average variable cost.

　　第二题：【C】解析：Rationale:Nothing.A minimum price(floor price)only leads to excess supply if it is set higher than the equilibrium price.