Much of China's political and economic life is dominated by the fact that the country is so much larger than any other nation on what dimension?
a. Geographic land mass
b. Population
c. Carbon emissions
d. Gross domestic product
e. Nuclear weapons
b
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Californians are increasingly voting
a. for Republicans b. for Independent candidates. c. by mail. d. in primaries, but not general elections.
What payoff would Toshiba get if it chose to produce HD DVD and Sony chose to produce Blu-Ray?
In 2006, there were a number of media reports about the next generation of DVD players, which produce much clearer picture and sound than that produced by current machines. However, there are two competing formats, Blu-ray (Sony) and HD DVD (Toshiba). Both are affiliated with certain movie studios, which have agreed to release their movies in one or the other of the new formats. This creates a problem for the producers of this new technology—they all want their own version to win out, but by competing they make it entirely likely that most consumers will sit back and wait until (a) one of the formats is a clear winner or (b) a newer, even better, method of supplying movies is developed by someone else. If the latter happens, both Sony and Toshiba lose out.
Imagine that both companies have developed a new product, but with different formats. If one of the companies would be willing to switch quickly (assume that copyright laws would allow it to produce something similar), that company would lose some time and market share but be able to get into the market. Consumers would be more willing to buy the new technology, and both companies would make more money. If neither company is willing to coordinate with the other, they end up in a war of attrition, with fewer customers. This is shown in the game below.
A. 1.
B. 2.
C. 3.
D. 4.
Public-interest groups often do better when the government is in the hands of an administration that is hostile to their views.
Answer the following statement true (T) or false (F)
Elite theory, or elitism, is the basic notion that within the government, ________________
a. exists a normative endorsement of elite rule. b. elite behavior is an acceptable means of politics. c. elites oppress and exploit the masses in the pursuit of power. d. there are few with power who control all decisions.