Category: Applied Microeconomics

A. is that if encourages firms to engage in research which leads to new products
B. is the revenue generated from the fines paid by those individuals who are found guilty of antitrust violation?
C. Is that this policy serves to deter firms from engaging in such practices as collusion, price-fixing and deceptive advertising
D. is that it forces firms to produce efficiently.

A. corporately owned businesses to individuals
B. publicly held stock to private individuals.
C. government businesses to the private sector
D. privately owned businesses to the government sector

A. Competitive pricing.
B. Price discrimination
C. price discounting.
D. price fixing.

A. low; low
B. high; high
C. low; high
D. high; low

A. removes barriers to entry
B. imposes higher standards of conduct
C. removes barriers to entry and minimum product quality standards
D. breaks up private sector monopolies.

A. firms producing unrelated products
B. firms producing complementary products
C. firms at various stages in a production process.
D. firms producing the same product

A. Spain
B. Belgium
C. USA
D. UK

A. Car licenses are very expensive vehicle entry to the city center is very restricted road pricing is being introduced and modern cheap rail transport is being expanded.
B. London
C. Athens
D. Singapore
E. New York

A. Persuade the regulator to operate in the industry’s interests
B. Persuade the regulator to act in the firms interests.
C. Bribe the regulator.
D. Persuade the government to change the regulatory regime.

A. production merger
B. vertical merger
C. conglomerate merger.
D. horizontal merger