Between 1990 and 1999 car ownership per thousand of the population fell in ?
A. Spain
B. Belgium
C. USA
D. UK
Economics Mcqs
Economists use the term regulatory capture to mean a situation where the private sector firms being regulated ?
Economists use the term regulatory capture to mean a situation where the private sector firms being regulated ?
A. Persuade the regulator to operate in the industry’s interests
B. Persuade the regulator to act in the firms interests.
C. Bribe the regulator.
D. Persuade the government to change the regulatory regime.
In the country X it is now becoming possible to buy electricity from a gas company and gas from an electricity company. This is called ?
In the country X it is now becoming possible to buy electricity from a gas company and gas from an electricity company. This is called ?
A. deregulation
B. making markets contestable
C. natural monopoly.
D. cross-subsidization.
De-regulation is where the government ?
De-regulation is where the government ?
A. removes barriers to entry
B. imposes higher standards of conduct
C. removes barriers to entry and minimum product quality standards
D. breaks up private sector monopolies.
A firm charging different buyers’ different prices for the same product is practicing ?
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 merger in which firms at various stages in a production process combine is a ?
A. production merger
B. vertical merger
C. conglomerate merger.
D. horizontal merger
A merger between a paper producer and a book publisher is an example of?
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 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 ?
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 who are found guilty of antitrust violation?
C. Is that this policy serves to deter firms from engaging in such practices as collusion, price-fixing and deceptive advertising
D. is that it forces firms to produce efficiently.
Which city has the following transport policy ?
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. Athens
D. Singapore
E. New York