« previous next »

Author Question: Government regulation can improve economic efficiency if _____. a. regulators encourage ... (Read 100 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?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Regulation of E. coli GS by covalent modification Regulation of E. coli GS by covalent modification
Regulation of ATCase by ATP and CTP Regulation of ATCase by ATP and CTP
Regulation of phosphoprotein phosphatase 1 (PP1) in liver Regulation of phosphoprotein phosphatase 1 (PP1) in liver
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ... In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ...
economic question economic question
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library