The proposed takeover of Tony's Airlines by Plummet Airlines will result in increased profits for Plummet and increased air fares for consumers. This is an example of
a. widespread distribution of benefits and costs
b. concentrated distribution of costs and benefits
c. concentrated distribution of benefits and widespread distribution of costs
d. concentrated distribution of costs and widespread distribution of benefits
e. logrolling
C
You might also like to view...
In the above figure, if the natural monopoly is regulated and a marginal cost pricing rule is followed, then the consumer surplus will be
A) $192 million. B) $108 million. C) $60 million. D) $48 million.
Classical economists believe that ________
A) it takes a long time for economic variables to reach equilibrium B) short-run fluctuations are too infrequent and mild to be of much interest C) real variables like output and investment are not determined by nominal variables D) all of the above E) none of the above
Looking at the _________ approach to GDP accounting, the largest component of GDP in 2003was _______
a. expenditure; government purchases b. national; proprietor's income c. national income; net interest d. expenditure; personal consumption expenditures e. expenditure; compensation of employees
Why is gold very expensive, even though it is not essential to life, while water, which is essential to life, is inexpensive?