Your Social Security contributions accumulate in a personal account during your working years, creating a savings balance from which retirement, disability, and health benefits are later paid.
Indicate whether the statement is true or false
Question 2
There were initially two satellite radio providers in the U.S. market, Sirius and XM Radio. The firms merged to form one firm, and the federal government did not challenge the merger.
Although the merger created a single seller in this market, the existence of a monopoly may not have much impact on U.S. consumers. Which of the following statements are plausible reasons for the limited impact of the merger? A) There are very large fixed costs in providing satellite radio, and the industry may be a natural monopoly. One seller may be able to operate at lower cost than two sellers.
B) Although there will only be one seller of satellite radio, there are other forms of radio broadcasts available to U.S. consumers and demand for satellite radio may be relatively elastic.
C) The merged firm will operate at higher capacity and may be able to reduce costs through economies of scale and perhaps learning-by-doing, which will benefit U.S. consumers.
D) all of the above
Social grooming in a pair
Consequences of working overtime
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Adolescents are preoccupied with finding their place in the social group as well as society.
Vienna: Social Structure and Social Interaction
Democracy (or “democratization”) is a global social movement. People all over the world yearn ...