« previous next »

Author Question: Government regulation can improve economic efficiency if _____. a. regulators encourage ... (Read 114 times)

viki

  • Hero Member
  • *****
  • Posts: 525
on: Jul 1, 2018
Government regulation can improve economic efficiency if _____.
 
  a. regulators encourage uncompetitive markets to act competitively
  b. regulators have private information firms do not have
  c. regulators are able to coordinate inter-industry actions to achieve efficiencies
   d. regulators base their actions on the revealed preferences of market participants

Question 2

Technological efficiency is
 
  A) a necessary and sufficient condition for profit maximization.
  B) a sufficient but not necessary condition for profit maximization.
  C) a necessary but not sufficient condition for profit maximization.
  D) a theoretical construct with little connection to the real world.


Chou

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

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?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Translational regulation of ferritin mRNA by the iron regulatory protein (IRP) Translational regulation of ferritin mRNA by the iron regulatory protein (IRP)
Deviancy training is a process by which antisocial peers encourage antisocial talk among friends, ... Deviancy training is a process by which antisocial peers encourage antisocial talk among friends, ...
Regulation of liver hexokinase by protein–protein interactions Regulation of liver hexokinase by protein–protein interactions
How to solve any percent efficiency problem How to solve any percent efficiency problem
Economic value (Dollars per Hectare) of sustainable ecosystems Economic value (Dollars per Hectare) of sustainable ecosystems
economic question economic question
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library