« previous next »

Author Question: Requiring government agencies to report which company had the lowest bid for a government contract ... (Read 89 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
Requiring government agencies to report which company had the lowest bid for a government contract and the level of the bid,
 
  A) can help a cartel enforce its agreement.
  B) can speed up the end of a cartel.
  C) may foster competition.
  D) may help a cartel to lower its price.

Question 2

If a competitive firm faces a competitive labor market, it will hire labor until
 
  A) w = p.
  B) w = MPL.
  C) w = MPL  p.
  D) MPL = 0.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
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?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Example of a day sheet report. Example of a day sheet report.
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ... A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library