« previous next »

Author Question: Government regulation can improve economic efficiency if _____. a. regulators encourage ... (Read 139 times)

viki

  • Hero Member
  • *****
  • Posts: 525
on: Jul 1, 2018
Government regulation can improve economic efficiency if _____.
 
  a. regulators encourage uncompetitive markets to act competitively
  b. regulators have private information firms do not have
  c. regulators are able to coordinate inter-industry actions to achieve efficiencies
   d. regulators base their actions on the revealed preferences of market participants

Question 2

Technological efficiency is
 
  A) a necessary and sufficient condition for profit maximization.
  B) a sufficient but not necessary condition for profit maximization.
  C) a necessary but not sufficient condition for profit maximization.
  D) a theoretical construct with little connection to the real world.


Chou

  • Sr. Member
  • ****
  • Posts: 335
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?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Regulation of Ras proteins. Regulation of Ras proteins.
Secretion and Regulation of HCl in the Stomach Secretion and Regulation of HCl in the Stomach
economic question economic question
economic question economic question
economic question economic question
Trp operon transcription regulation by the repressor Trp operon transcription regulation by the repressor
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library