快速查题-ACCA英国注册会计师试题

Chapter1-4

Chapter5-8

Chapter9-11

Chapter12-14

Chapter15-17

Chapter18-19

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According to the theory of the firm, which of the following statements describes an oligopoly?

There are no barriers to entry into or exit from the market

There is only one producer in the market

There are four producers exerting considerable influence in the market

There are many producers but they each use product differentiation to distinguish themselves

from each other

Which of the following is not a substitute for carpets?

Ceramic floor tiles

Wooden floorboard

Carpet underlay

Which of the following is not a complement to cars?

Petrol

Tyres

Holiday

The demand for fashion goods is not influenced by：

Price

Allocative inefficiency among producers

The distribution of income among households

Expectation of future price

If the price of coffee falls, which one of the following outcomes would be expected to occur?

A fall in the quantity of coffee demanded

A rise in the price of tea

A fall in the demand for drinking cups

A fall in the demand for tea

What is an inferior good?

A good of such poor quality that demand for it is very weak

A good for which the cross elasticity of demand with a substitute product is greater than 1

A good for which demand will fall as household income rises

Consider the price and demand for tickets to travel by sea ferry. The price of travelling by hovercraft (a substitute form of travel) goes up. Which of the following would you expect to happen?

The demand curve for sea ferry tickets will shift to the left, and their price will go down. More sea ferry tickets will be sold

The demand curve for sea ferry tickets will shift to the right, and their price will go up. More ferry

tickets will be sold.

The demand curve for sea ferry tickets will shift to the right and their price will go down. More sea ferry tickets will be sold.

The demand curve for sea ferry tickets will shift to the right and their price will go up. Fewer sea ferry tickets will be sold.

The summer demand for hotel accommodation in London comes mainly from foreign tourists. Demand for hotel rooms in London in summer could be reduced by a fall in the price or value of which of the following?

1 US dollars

2 Aeroplane tickets

3 Sterling

Item 1 only

Items 1 and 2 only

Items 2 and 3 only

Item 3 only

ABC produces a variety of soft drink. It has two competitors but all three producers use product differentiation to distinguish themselves from each other. What type of market is this?

Perfect competition

Monopoly

Monopolistic competition

Oligopoly

Suppose that, in a certain advanced industrialised country, the government has applied price controls over rents of both public and private rented accommodation for a number of years, and a serious problem of widespread homelessness has built up.

Just recently, the rent price controls have been eased. Which of the following consequences should now occur?

1 An increase in homelessness

2 In the longer term, an increase in new building work

3 The provision of more rented accommodation

4 Fewer owner-occupied dwellings

Consequences 1 and 2

Consequences 2 and 3

Consequences 3 and 4

Consequences 1 and4