Loans made to consumers by finance companies are typically
A) only for the purchase of cars or boats.
B) at interest rates below those charged by banks for the same type of loan.
C) at interest rates above those charged by banks for the same type of loan.
D) not made for less than $10,000.
C
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You are the manager of a nail salon you believe one of your suppliers is engaged in cartel activity. As the manager, you ________ an incentive to report the behavior because your nail salon can ________.
A) do not have; receive treble damages B) do not have; have to pay whistle-blower fees C) have; receive treble damages D) have; have to pay whistle -blower fees
Most unemployment insurance benefits are not paid to poor people or even to people who are at high risk of becoming poor
Indicate whether the statement is true or false
The more firms are present in a market, the:
A. more collusion is likely to occur. B. more like a monopoly it will behave. C. more competition is likely to be present. D. less competition is likely to be present.
Patents create monopolies, and monopolies have the ability to exercise market power. This ability results in all of the following except the ability to:
a. appropriate all surplus value turning it into monopoly profits. b. restrict output below the social optimum. c. charge higher prices. d. gain exclusive rights to a market and sell a product for a specific time period.