This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When local governments ignore all other considerations and award cable TV franchises to the firms ... (Read 54 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
When local governments ignore all other considerations and award cable TV franchises to the firms that offer the highest money bids, they
 
  A) discriminate against the poor.
  B) encourage corruption.
  C) introduce delay into the system but increase its efficiency.
  D) reduce the likelihood of illegal bribes.
  E) increase the likelihood the winning firm will be incompetent.

Question 2

With an increase in the demand for a good, if prices are not allowed to increase:
 
  A) social surplus will be maintained at maximum.
  B) there will be no incentive for firms to increase the quantity supplied of the good.
  C) a surplus will occur in the market.
  D) there will be an increase in overall efficiency in the market.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


mynx

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 29, 2018
Thank you


duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Managing large bands of grazing animals requires detailed knowledge of local landscapes, especially Managing large bands of grazing animals requires detailed knowledge of local landscapes, especially
Indicators for assessing local blood flow Indicators for assessing local blood flow
Local Anesthetic Agents Local Anesthetic Agents
Small local hydroelectric power generators have more future potential Small local hydroelectric power generators have more future potential
Sketch the graph of the following functions using local maximum/minimums, interc Sketch the graph of the following functions using local maximum/minimums, interc
Competitive firms and maximization Competitive firms and maximization
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library