Encouraging formation of monopolies provides firms an incentive to:
A) innovate.
B) increase social surplus.
C) hire less resources in production.
D) decrease deadweight loss.
A
Economics
You might also like to view...
Countries in which the government does not regulate the labor market are likely to have ________ sacrifice ratio
A) an infinite B) a high C) a low D) a negative
Economics
Which of the following is true of a small open economy, but not of a large open economy?
A) Net exports are unlikely to be close to zero. B) The domestic real interest rate is equal to the world real interest rate. C) Changes in desired investment result in changes in the trade balance. D) Changes in desired investment result in changes in actual investment. E) none of the above
Economics