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.Management Sciences
A. reduces market power
B. Proves that there is such a thing as a free lunch
C. improves efficiency at the expense of equity.
D. improves equity at the expense of efficiency.
Related Mcqs:
- Which of the following activities is most likely to produce an externality?
- A. A student eats a hamburger in the student union. B. A student reads a novel for pleasure C. A student sits at home and watches T.V D. A student has a party in her room in the student hall of residence....
- Workers in Western Europe enjoy a high standard of living because ?
- A. the countries of Western Europe have set high minimum wage rates. B. Unions in Western Europe keep the wage high C. none of these answers. D. The countries of Western Europe have protected their industries from foreign corporation E. Workers in the united states are highly productive...
- A demand curve can shift because changing ?
- A. incomes B. prices of related goods C. tastes D. all of the above...
- Trade-offs are required because wants are unlimited, and resources are ?
- A. economical B. unlimited C. Efficient D. Scarce...
- Time series data show information ?
- A. about the same point in time over different places B. about different points in time over the same variable C. about different variables over different places D. about different points in time over different places...
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