Critics of social regulation argue that it:
A. causes deflation.
B. violates the due process clause of the U.S. Constitution.
C. is a relatively greater burden for small firms than for large firms.
D. improves allocative efficiency.
Answer: C
You might also like to view...
Quick Buck and Pushy Sales produce and sell identical products and face zero marginal and average cost. Below is the market demand curve for their product. 
If Quick Buck and Pushy Sales decide to collude and work together as a monopolist, then together they should produce ________ units per month and charge ________ per unit.
A. 3,000; $1 B. 2,000; $2 C. 4,000; $2 D. 1,000; $3
Predatory dumping by foreign firms is a very common phenomenon in U.S. markets
Indicate whether the statement is true or false
A debt that rises faster than nominal GDP will impose the following opportunity costs in the future:
a. A permanently higher tax burden. b. A period of inflation. c. Reduced government outlays relative to GDP d. Higher taxes relative to GDP. e. All of the above.
An example of income earned but not received is
A) welfare payments. B) Social Security payments. C) undistributed profits. D) a and b E) a, b, and c