Generally speaking, monopolies
A. May be beneficial to society if they are allowed to act like monopolies without government interference.
B. May be beneficial to society if they are natural monopolies and are regulated.
C. Are never beneficial to society.
D. Have great productive efficiency and are always beneficial to society.
Answer: B
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If a pre -merger Herfindahl-Hirschman Index (HHI) is between ________, the market is considered moderately competitive and if a merger in this market raises the HHI by more than ________, antitrust agencies worry about the potential loss of competition.
A) 1,500 and 2,500; 50 B) 2,500 and 5,500; 100 C) 2,500 and 5,500; 25 D) 1,500 and 2,500; 100
If the supply of health-care services is highly inelastic and larger government subsidies lead to an increase in the demand for the services,
a. the prices of health-care services will rise by only a small amount, but the quantity supplied will increase substantially. b. the prices of health-care services will rise substantially, but the quantity supplied will increase by only a small amount. c. both health-care prices and the quantity of the services supplied will increase substantially. d. the prices of health-care services will decline, but there will be only a small change in the quantity supplied.
How easy is it for fund managers and investment management companies to outperform or "beat" the stock market once their fees are taken into account?
What will be an ideal response?
If a futures contract for U.S. Treasury bonds increases by "12" in the financial page listings, the value of the contract increased by:
A. $1,200.00. B. $375.00. C. $120.00. D. $240.00.