QUESTION 47 Cartels are unstable due to all of the following factors except which one? incentive for each firm to serve as the whistle-blower entry of new firms into the market trade groups incentive to act in self-interest QUESTION 48 Under the merger guidelines written by the DOJ and FTC a merger may not be challenge if: There is significant foreign competition The firms involved have monetary problems There is an emergence of new technology All of the statements associated with this question are correct QUESTION 49 The existence of any consumer surplus in the market suggests that all of the following practices are possible in the market except which one? first-degree price discrimination a single price is charged to all consumers second-degree price discrimination third-degree price discrimination QUESTION 50 In peak-load pricing, the short-run marginal cost is equal to the marginal cost of providing capacity. True False.
QUESTION 47
Cartels are unstable due to all of the following factors except which one?
incentive for each firm to serve as the whistle-blower
entry of new firms into the market
trade groups
incentive to act in self-interest
QUESTION 48
Under the merger guidelines written by the DOJ and FTC a merger may not be challenge if:
There is significant foreign competition
The firms involved have monetary problems
There is an emergence of new technology
All of the statements associated with this question are correct
QUESTION 49
The existence of any
first-degree
a single price is charged to all consumers
second-degree price discrimination
third-degree price discrimination
QUESTION 50
In peak-load pricing, the short-run marginal cost is equal to the marginal cost of providing capacity.
True
False.
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