The average-cost pricing policy provides a greater incentive for a regulated monopolist to reduce its production costs.

If those accused of antitrust violations sign a consent decree, they have

a. agreed to stop doing what they are accused of doing b. admitted to guilt c. agreed to a court trial d. contested the charges against them e. charged the government with wrongdoing

In the long run, most economists agree that a permanent increase in government spending leads to ________ crowding out of private spending

A) no B) partial C) complete D) more than complete