DSE 經濟科：市場結構

1. In perfect competition, a Hong Kong vegetable stall faces a demand curve that is:

2. Which is a characteristic of a monopoly but NOT perfect competition?

3. A profit-maximising monopolist in Hong Kong produces where:

4. Compared to a perfectly competitive market with the same demand and cost curves, a monopolist produces:

5. The MTR Corporation is the sole provider of heavy rail services in Hong Kong. This market structure is best described as:

6. In monopolistic competition, Hong Kong coffee shops differentiate their products. In long-run equilibrium, each shop earns:

7. A natural monopoly arises when:

8. Hong Kong's supermarket industry is dominated by two major chains. This market structure is:

9. A monopolist faces demand P = 200 - 2Q and has constant MC = 40. If the government imposes a price ceiling at the competitive price, the resulting output is:

10. In a Cournot duopoly with identical firms facing Hong Kong market demand P = 100 - Q and MC = 20 for each, the total equilibrium output is:

11. Monopolistic competition is best described as:

12. In monopolistic competition, long-run economic profit tends to be:

13. Which feature most clearly separates oligopoly from monopolistic competition?

14. Excess capacity in monopolistic competition means: