【ACCA选择题】
第一题:According to the theory of the firm,which of the following statements describes an oligopoly?
A There are no barriers to entry into or exit from the market
B There is only one producer in the market
C There are four producers exerting considerable influence in the market
D There are many producers but they each use product differentiation to distinguish themselves
from each other
第二题:Which of the following is not a substitute for carpets?
A Ceramic floor tiles
B Wooden floorboard
C Carpet underlay
第一题:【C】Rationale:A is one of the conditions for a perfect market,B is a monopoly and D is monopolistic
competition.
第二题:【C】Rationale:Carpet underlay is a complement to carpet.