Author Question: Which of the following is not a bargaining advantage enjoyed by bureau's? a. They only have one ... (Read 17 times)

LaDunn · **on:** Jul 1, 2018

Which of the following is not a bargaining advantage enjoyed by bureau's?

a. They only have one legislature to deal with so bureaus are quite experienced in extracting a favorable budget agreement.
b. The legislature typically gets all information on the bureau from the bureau itself.
c. The bureaus have the ability to go out and hire the best negotiators while members of the legislature are the fixed negotiators on the other side.
d. Considerable bargaining occurs in committees comprised of high demanders of the output of the bureaucracy.

Question 2

In a perfectly competitive equilibrium with production and trade, which of the following results occur(s)?

A) Pareto-efficiency is obtained.
B) The First Welfare Theorem is satisfied.
C) There is efficiency in production.
D) All of the above.