第十六章测试
1.In monopolistic competition, there is a relatively high barrier of entry for businesses.( )
A:错 B:对
答案:A
2.Companies competing in an oligopoly tend to follow price leaders – when one price leader business raises prices, the others will follow, raising prices overall for consumers. ( )
A:错 B:对 3.A monopoly exists when there is only one company covering an entire market. This company is the sole market for the product and can set prices without any competition. ( )
A:对 B:错 4.According to Michael Porter, there are three ways for companies to achieve a sustainable advantage: cost leader, differentiation and focus. ( )
A:对 B:错 5.Cost leadership means companies provide reasonable value at a higher price.( )
A:错 B:对

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