Which factor would facilitate tacit collusion among firms in a market?
a. an increase in the number of firms.
b. a decrease in the probability the market will continue into future periods.
c. a decrease in the interest rate.
d. none of these.
c
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If the security guard is somehow certain that the shoplifter would not steal, his best response would be
a. Being watchful b. Sleeping on the job c. Run d. Hide
Which of the following statements is false?
A) One of the intended effects of the health-care reform bills passed in March 2010 was for some people who had health insurance before the reform to choose to become uninsured after health-care reform. B) One of the provisions of the health-care reform bills passed in March 2010 is that individuals will be fined for not buying insurance. C) Among the provisions in the health-care reform bills passed in March 2010 is that insurance companies are prohibited from turning down a person with a preexisting disease. D) One of the objectives of the health-care reform bills passed in March 2010 was to bring more people into the pool of insured persons so that insurance policies would become cheaper.