The iPhone no longer comes pre-loaded with Google Maps but instead has the Apple map application pre-loaded. Regulators might be concerned with this requirement because they might see it as an example of
A) resale price maintenance.
B) a tying arrangement.
C) predatory pricing.
D) collusion to create a monopoly.
B
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Which of the following statements about U.S. production is correct?
A. Construction accounts for a larger percentage of total production than does manufacturing. B. Real estate services account for 12.6 percent of the value of total pro-duction, larger than any other item of services or goods. C. Consumption goods and services represent 85 percent of U.S. produc-tion by value and that percentage doesn't fluctuate much. D. The manufacture of goods represents more than 50 percent of total production.
Figure 10-2
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Figure 10-2 shows demand and short-run cost curves for a perfectly competitive firm. At its profit-maximizing output, the firm’s total ____ is represented by area ____.
A. loss; GBHC B. profit; ADGHC C. loss; ADEC D. profit; EGH
Social disapproval carries a higher cost in all of the following cases except when you:
A. care about the opinions of people around you. B. expect to interact with the people around you again in the future. C. know the people around you. D. have very loose interactions with community members.
Which of the following is the best example of a command-and-control regulation?
A. Effluent taxes on pollutants. B. Emissions trading. C. Requiring automobiles to have catalytic converters. D. Offset programs.