« previous next »

Author Question: Bid-rigging has all of these features EXCEPT a. It is a collusive agreement b. The bid-riggers pay ... (Read 69 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jul 1, 2018
Bid-rigging has all of these features EXCEPT
 a. It is a collusive agreement
  b. The bid-riggers pay a smaller amount than without bid-rigging
  c. Bid-riggers need an auxiliary mechanism to allocate the good within the bid-riggers
  d. Bid rigging is usually a legitimate and legal strategy for the buyer-side

Question 2

An allocation of resources is technically efficient if:
 a. it is impossible to increase the output of a particular good.
  b. it is possible to increase the output of all goods.
  c. it is impossible to increase the output of one good without cutting back on the production of something else.
  d. it is possible to increase the output of one good.


Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

washai

  • Hero Member
  • *****
  • Posts: 523
Reply #2 on: Jul 1, 2018
Thank you :)


Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Features found in a long bone. Features found in a long bone.
Surface Features on Europa Surface Features on Europa
Surface Features on Titan Surface Features on Titan
Key Features of Australopithecus africanus. Key Features of Australopithecus africanus.
Microscopic Features of Alzheimer’s Disease Microscopic Features of Alzheimer’s Disease
Physical features of Sjögren's syndrome. Source: Ways Sjogren's Syndrome May Affect the ... Physical features of Sjögren's syndrome. Source: Ways Sjogren's Syndrome May Affect the ...
Video: Kidney Stones

For a complete list of videos, visit our video library