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If the government deregulates the airline industry then: a. less competition will be expected c. a perfectly competitive market will exist b. producers will have more control
over the price charged for their product d. none of the above
If the government deregulates the airline industry then: A. less competition will be expected.
Expert answered|andrewpallarca|Points 24911|
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Asked 8/28/2013 4:14:29 PM
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Which of the following is one market trend that results when a monopolistically competitive firm starts earning profits well above its costs? a. The firm would become an oligopolistic firm because it has effectively eliminated the competition and now dominates the market alone. b. The firm would try to lure 100 percent of customers by flooding the market with defective products. c. Fierce competition would encourage rivals to create new ways to differentiate their ...
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Asked 8/28/2013 11:22:01 AM
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Cartels are difficult to operate for which of the following reasons? a. They work only if members keep to their agreed output. b. They are illegal worldwide. c. Firms in a cartel are likely to lose money. d. The products are perfectly competitive
Weegy: Cartels are difficult to operate because: They work only if members keep to their agreed [ output. ] User: a series of competitive price cuts that lowers the market price below the cost of production Weegy: Price war is a series of competitive price cuts that lowers the market price below the cost of [ production. ] (More)
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Asked 8/28/2013 11:38:34 AM
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The government is involved in the U.S. economy for all of the following reasons EXCEPT to a. promote and encourage competition. b. prevent monopolies that deny the public the benefits of competition. c. regulate industries in which a monopoly is in the public interest. d. promote the development of market externalities.
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Updated 280 days ago|12/24/2015 8:43:48 AM
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The government is involved in the U.S. economy for all of the following reasons EXCEPT to promote the development of market externalities.
Added 280 days ago|12/24/2015 8:43:48 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [12/25/2015 4:30:45 AM]
What was the chief effect of the Sherman Antitrust Act? a. The federal government repealed regulations that controlled the airline and trucking industries. b. Microsoft required personal computer manufacturers to include its web browser with the Microsoft Windows operating system. c. John D. Rockefeller formed the Standard Oil Trust as a protected natural monopoly. d. The federal government won the power to prevent monopolies and mergers that interfered with ...
Weegy: What was the chief effect of the Sherman Antitrust Act? d. The federal government won the power to prevent monopolies and mergers that interfered with trade between states. User: Economists all agree that preditory pricing exists and is a common practice. Please select the best answer from the choices provided T F (More)
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Asked 8/28/2013 4:02:31 PM
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