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

Author Question: Some economists believe that the economy benefits from firms having market power. Which of the ... (Read 193 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Some economists believe that the economy benefits from firms having market power. Which of the following is an argument that has been made to support this position?
 
  A) Large firms are better able than small firms to spend funds on research and development required to develop new products.
  B) Research has shown that the deadweight loss from monopolies is a small percentage of the value of production in the United States.
  C) Competition is very rare in the U.S. economy and few new products are produced by smaller, competitive firms.
  D) Large firms can afford to lobby the U.S. government in order to impose restrictions on imports and reduce the outsourcing of jobs to other countries.

Question 2

Exemptions and deductions are used
 
  A) to determine what items are subject to sales taxes.
  B) by taxpayers to reduce the amount of income subject to tax.
  C) to add to taxes that must be paid.
  D) to determine the type of tax structure.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ebe

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


wrbasek0

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Diagram of a typical fossil-fueled power plant Diagram of a typical fossil-fueled power plant
Three Mile Island Nuclear Power Plant in PA. Three Mile Island Nuclear Power Plant in PA.
Acid Rain and Power Plant Emissions Acid Rain and Power Plant Emissions
The Fukushima Daiichi power plant The Fukushima Daiichi power plant
Finding the derivative using the power rule - Solutions Finding the derivative using the power rule - Solutions
The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ... The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ...
Video: Condensation and Hydrolysis Animation

For a complete list of videos, visit our video library