Author Question: Tacit collusion occurs in industries that a. are monopolistically competitive b. contain price ... (Read 68 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
Tacit collusion occurs in industries that
 a. are monopolistically competitive
  b. contain price leaders
  c. experience rapid technological change
  d. are regulated
  e. produce very differentiated products

Question 2

If the legislature has a line-item veto on a bureau's budget, the bureau
 a. can no longer present its entire budget as a package deal for provision of services
  b. will have more power than if the legislature used an overall budget ceiling
  c. will be able to supply its output to the legislature as a monopolist
  d. will try to discourage budget cuts by threatening to make cuts that will cause the legislature the least political trouble
  e. will be free to pursue its own overall objectives



coyin

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library