第九章单元测试
  1. In order to achieve the joint profit-maximizing result, the firms must establish an environment in which each believes the other will stick to the collusive high-price policy. Any solution to the dilemma has to be characterized by( ):

  2. A:an ability to persuade cheaters B:an ability to detect cheating C:an ability to control price D:an ability to punish cheaters
    答案:an ability to detect cheating###an ability to punish cheaters
  3. The characteristics of a tit-for-tat strategy includes (   )


  4. A:

    swift and aggressive punishment in a game associated with defecting

    B:

    In every subsequent round, adopt the strategy played by your opponent in the previous round.

    C:

    the niceness

    D:

    Starting by cooperating in the first round.

  5. Tacit collusion results when a group of competitors sits down to discuss and set price.

  6. A:错 B:对
  7. In perfect collusion, the firms are producing the joint profit-maximizing output.

  8. A:错 B:对
  9. The most important advantage of tit-for-tat strategy is the niceness characteristic.

  10. A:对 B:错
  11. In Jensen–Waldman Mini Tournament, where Jensen plays tit-for-tat and Waldman plays the dominant strategy, Jensen must win the head-to-head competition.

  12. A:错 B:对
  13. Tit-for-tat is forgiving in that it rewards defectors who revert to cooperation by also reverting to cooperation.

  14. A:错 B:对
  15. Oligopolists should simply adopt the tit-for-tat strategy in all circumstances.

  16. A:错 B:对
  17. In a trigger price strategy, even a single deviation from cooperation will cause the ends of cooperation forever.

  18. A:错 B:对
  19. tit-for-tat strategy is also often called the grim strategy.

  20. A:对 B:错
  21. A cartel is a formal (explicit) agreement among competing firms.

  22. A:对 B:错
  23. In Wal-Mart-Sears model, to determine the joint profit-maximizing price, the industry average cost curve must be equated to the industry marginal revenue curve.

  24. A:错 B:对
  25. Which of the following factor could hinder effective collusion

  26. A:low entry barriers B:low frequency of sales C:differing costs between firms D:slow rate of demand growth or declining demand
  27. The more elastic the demand, therefore, the greater the cartel’s potential market power and the greater the incentive to collude because it is easier to raise price without having to significantly reduce industry output.

  28. A:对 B:错
  29. Slow rates of demand growth may be associated with higher levels of collusion.

  30. A:对 B:错

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