Monopoly powers given to domestic utility companies to create economies-of-scale might unintentionally
A) be an obstacle to increased international trade.
B) be useful for the creation of a comparative advantage for the domestic country.
C) not be used for rent-seeking behaviors.
D) be a positive externality for the world as a whole.
E) None of the above.
A
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The Consumer Price Index (CPI) measures the changes of the
A) prices paid by consumers for a fixed market basket of consumer goods and services. B) quantities of a fixed market basket of goods produced by businesses. C) lowest prices paid by consumers for a fixed market basket of consumer goods and services. D) prices paid by all businesses for a fixed market basket of production resources. E) prices paid by consumers and businesses for a fixed market basket of goods and services.
When short-term concerns (deadlines) create priorities and longer range management needs are driven out, this part of:
a. McGregor's Law b. Gresham's Law of Planning c. Dorsey's Principle d. Lucien's Law