De-regulation is where the government ? A. removes barriers to entry B. imposes higher standards of conductC. removes barriers to entry and minimum product quality standards D. breaks up private sector monopolies.
Privatization is the transfer of ? A. corporately owned businesses to individuals B. publicly held stock to private individuals.C. government businesses to the private sector D. privately owned businesses to the government sector
A firm charging different buyers’ different prices for the same product is practicing ? A. Competitive pricing.B. Price discrimination C. price discounting. D. price fixing.
A merger in which firms at various stages in a production process combine is a ? A. production mergerB. vertical merger C. conglomerate merger. D. horizontal merger
A merger between a paper producer and a book publisher is an example of? A. a conglomerate merger. B. a horizontal merger C. a complementary products merger.D. a vertical merger
A horizontal merger is a merger of? A. firms producing unrelated products B. firms producing complementary products C. firms at various stages in a production process.D. firms producing the same product
Supporters of antimonopoly enforcement argue that the real gain from such enforcement ? A. is that if encourages firms to engage in research which leads to new products B. is the revenue generated from the fines paid by those individuals…
Which city has the following transport policy ? A. Car licenses are very expensive vehicle entry to the city center is very restricted road pricing is being introduced and modern cheap rail transport is being expanded. B. London C. AthensD.…
Evidence suggests that the price elasticity of demand for motoring is ? A. absolutely inelasticB. Unitarily elastic C. Elastic D. inelastic
Spending on motoring as a % of household expenditure in the UK shows that motoring is ? A. Environmentally damaging B. an inferior good C. a potential public goodD. a superior good