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Author Question: The primary reason the federal budgeting process changed in 1921 was that _____. a. the level of ... (Read 21 times)

rmenurse

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on: Jul 1, 2018
The primary reason the federal budgeting process changed in 1921 was that _____.
 
  a. the level of government expenditures were increasing
  b. the President wanted more power
  c. federal agencies wanted less responsibility
   d. World War II forced the military to get involved

Question 2

Two identical firms that share a market and produce a homogenous good will find the Bertrand Oligopoly LEAST attractive because
 
  A) Cartels generate the highest joint profit.
  B) a Cournot Oligopoly will generate more profit than a Bertrand Oligopoly.
  C) they want to avoid a price war that leads to profit erosion and P = MC.
  D) All of the above.


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sultansheikh

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

D


rmenurse

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Reply #2 on: Jul 1, 2018
Correct answers!


sultansheikh

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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