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 108 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
:D TYSM

JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

In most ecosystems, sunlight provides the ultimate source of energy to power all biological activity In most ecosystems, sunlight provides the ultimate source of energy to power all biological activity
Benefits of Regular Exercise Benefits of Regular Exercise
A Tough Economy ...for students A Tough Economy ...for students
The Risk of Nuclear Power The Risk of Nuclear Power
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
Find the voltage, current and power for each resistor in the circuit below Find the voltage, current and power for each resistor in the circuit below
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library