《Sec 17.3 MC Public Policy toward Oligopolies》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、1. Fromsociety’sstandpoint,cooperationamongoligopolistsis a. desirable,becauseitleadstolessconflictamongfirmsandawidervarietyofproductsforconsumers. b. desirable,becauseitleadstoanoutcomeclosertothecompetitiveoutcomethanwhatwouldbeobservedintheabsenceofcooperation. c. undesirable,bec
2、auseitleadstooutputlevelsthataretoolowandpricesthataretoohigh. d. undesirable,becauseitleadstooutputlevelsthataretoohighandpricesthataretoohigh.ANSWER: cDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.094-Examinethebehaviorofoligopolists.TOPICS: OligopoliesKEYWORDS: BLOOM'S:C
3、omprehensionCUSTOM ID: 001.17.3-MC-MANK082. Alawthatencouragesmarketcompetitionbyprohibitingfirmsfromgainingorexercisingexcessivemarketpoweris a. apatent. b. impossibletoenforce. c. anantitrustlaw. d. anexternalitylaw.ANSWER: cDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.211-Gi
4、venascenario,determinewhichantitrustlawisviolated.TOPICS: OligopoliesKEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 002.17.3-MC-MANK083. Theprimarypurposeofantitrustlegislationisto a. protectsmallbusinesses. b. protectthecompetitivenessofU.S.markets. c. protectthepricesofAmerican-madeprodu
6、ovingtheallocationofresourcesinthecomputersoftwareindustryclosertothesocialoptimum.ThissituationwouldillustratewhichofthefollowingTenPrinciplesofEconomics? a. Tradecanmakeeveryonebetteroff. b. Thecostofsomethingiswhatyougiveuptogetit. c. Governmentscansometimesimprovemarketoutcomes.