The idea that competition is in some circumstances insufficient to achieve allocative efficiency ensure fairness to consumers and competing firms, is most closely associated with which anti-trust perspective?

Fill in the blank: National income accountants who measure GDP try to avoid the ________ problem by only measuring the market value of all final goods and services produced within a country

A) double trouble B) double indemnity C) double counting D) double jeopardy E) double-your-pleasure

Refer to the above table. Suppose the price of Y rises from $18 to $20. What is the cross price elasticity of demand between Y and Z?

A) -1.7273 B) -1.1176 C) -0.8947 D) +1.7273