Theory of Industrial Markets

Replenishment date: 04.07.2023
Content: Theory of industrial markets_Synergy_test with answers.pdf (465.98 KB)
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1. Indicators for measuring the degree of product differentiation include ...

share of brands sold in the industry market in total sales of a given product cross-elasticity of demand in the market

the amount of costs associated with advertising activities

Gini index

2. Psychological methods of price discrimination are ...

the Weber-Feshner effect, the "strange numbers" effect, and the "anchor" effect

transfer pricing and club benefits pricing

increased peak hour fare and discounts for customers during the least busy hours

3. Invention applying for a patent ...

should have a practical application on a commercial basis, i.e. results of purely scientific value are not subject to patenting

must be new, i.e. it must not have been previously used, published or displayed publicly

should be "obvious", i.e. it should not represent an already existing invention, it should reflect the development of knowledge

4. From the analysis of networks and standards follows the statement that the competition on standards ... to the victory of the best standard

always leads never leads

sometimes leads

5. In the economic literature, there is an opinion that industrial policy and the policy of supporting competition

complement each other

are in conflict with each other

independent of each other

they are synonyms

6. A natural monopoly must be regulated by the state, otherwise ... A firm operating in an industry market will incur losses

There will be an overproduction of goods

Supply volume will be below optimal

Other firms will not be able to enter the industry market

There will be predatory use of resources

7. Wrong.. that price discrimination, B in accordance with Russian law..

completely prohibited

allowed

not subject to regulation in some cases allowed

8. There is a network effect when acquiring...

mobile phone

popular author's books

computer

car

gas mowers

8. The main economic effects of the monopolization of the industry market include ...

the creation of superprofits by the monopoly

consumer losses

powerful incentives for innovation

social costs

9. The situation when a consumer purchases several units of a product, and consumer demand decreases as the volume of sales increases, is typical for price discrimination ... degree

first

second

third

10. The theory of market power studies

Conditions under which firms can appropriate consumer benefits

The life cycle of firms

Features of hierarchical structures of firms of different sizes

Powers of the judiciary in antitrust cases

11. From the position of the theory of market power, the opinion on the role of the state in the field of product differentiation is most justified, according to which the state ...

cannot provide optimal product differentiation, but may have some influence, for example, in matters of product safety;

able to provide optimal product differentiation;

does not have the right to interfere in the area of ​​product differentiation, as this violates the freedom of choice;

unable to influence the nature of product differentiation in any way.

12. The market is..

A set of enterprises producing similar products

Meeting place for sellers and buyers

A system of relations in which the bonds of buyers and sellers are so free that the prices of the same good tend to rapidly equalize.

The set of economic relations based on regular exchange transactions between producers of goods (services) and consumers

13. Bertrand's paradox is based on the premise ...

on the homogeneity of manufactured products

about the limited production capacity of duopolists

about differentiated products
Additional Information
4. Bain's limit pricing model is based on...

lower prices

the dominant firm's absolute cost advantage

relative cost advantage

production of higher quality goods

15. Strategic interaction of firms on the principle of "leader - follower" analyzes the model ...

Chamberlin

Stackelberg

Bertrand

Cournot

16. The Lerner Index defines…

The company's market share

Concentration degree

Total number of firms in the industry

monopoly power

17. Natural monopoly as an object of state regulation is a sphere of economic activity where competition ...

possible under certain conditions

contrary to the public interest

economically inefficient

impossible due to the specifics of the technological process of production of goods (services)

18. One of the approaches in studying the theory of industrial markets is the approach from the point of view ...

Price theories

Production volume

Profit maximization

Sales volume

19. Prices in online stores ... prices in regular retail stores

above

not less

not higher

below

20. Models of spatial differentiation of the product should include ...

Dixit–Stiglitz model

Bertrand model

Sutton and Salop model

Hotelling model and Lancaster model

21. The performance of an industry market is determined by…

Resource Efficiency

Equity in the distribution of income among members of society

The development of a network of market infrastructure institutions

Multiple factors not yet presented in specific indicators

22. Product differentiation leads to the fact that ...

expanding consumer choice

increase in average cost of complement goods

the firm's bargaining power increases

reduced prices for substitute products

23. Psychological methods of price discrimination are ...

the Weber-Feshner effect, the “strange numbers” effect, and the effect

"anchors"

transfer pricing and club benefits pricing

increased peak hour fare and discounts for customers during the least busy hours

24. The prerequisites for the emergence of a natural monopoly include ...

insufficient market capacity compared to the minimum efficient release

technology features

X-inefficiency

economies of scale

25. Public welfare under the influence of advertising ...

does not change

decreases

increases
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