A. tends to be inefficient.
B. usually lowers the cost of production dramatically.
C. creates synergies between the newly acquired firm and other government-owned companies.
D. does none of the things described in these answers
Related Mcqs:
- How is termed equal rights of trade of trade without giving monopolies or preferences to an individual country ?
A. Open door market
B. Open door country
C. Open sky market
D. Free economy - The smallest unit of ownership of a company is______________?
A. A share
B. A debenture
C. Invest
D. Capital - A ________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything?
A. demand
B. basic staple
C. product
D. service - Polish economist Oskar Lange’s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?
A. market socialism
B. capitalism
C. mixed economy
D. monopoly - Between 1990 and 1999 car ownership per thousand of the population fell in ?
A. Spain
B. Belgium
C. USA
D. UK - The divorce of ownership and control tends to occur in ?
A. sole proprietors
B. partnerships
C. public limited companies
D. monopolies - Which of the following is necessary for a natural monopoly ?
A. economies of scale
B. a high proportion of the total cost in the cost of capital goods
C. the market is very small
D. all of the above - Using government regulations to force a natural monopoly to charge a price equal to his marginal cost will ?
A. Cause the monopolist to exit the market
B. improve efficieny
C. raise the price of good
D. attract additional firms to enter the market - If regulators break up a natural monopoly into many smaller firms, the cost of production ?
A. will rise
B. will fall
C. will remain the same
D. could either rise or fall depending on the elasticity of the monopolist’s supply curve - The natural rate of output is the amount of real GDP produced ?
A. When the economy is at the natural rate of unemployment
B. When the economy is at the natural rate of investment
C. When the economy is at the natural rate of aggregate demand
D. When there is no no unemployment
